Market News

Insights into aerospace market activity, including market forecasts, mergers and acquisitions, and more

Global demand for commercial passenger jets over next two decades set at 36,770 worth $5.2 trillion

Global demand for commercial passenger jets over next two decades set at 36,770 worth $5.2 trillion

FARNBOROUGH, England, 21 July 2014. Analysts at the Boeing Co. in Seattle predict global demand for commercial passenger jets will be 36,770 new airplanes over the next 20 years worth $5.2 trillion. Boeing, one of the world's largest commercial jet manufacturers, made its announcement this past week at the Farnborough International Airshow in Farnborough, England.

LEAP

LEAP-1B and CFM56-7B engines to power 9 Air Boeing 737 fleet under $3.7 billion contract

FARNBOROUGH, England, 17 July 2014. China's 9 Air has ordered CFM International's LEAP-1B engine to power 30 Boeing 737 MAX aircraft, in addition to CFM56-7B engines to power 20 Next-Generation 737s. The $3.7 billion order includes spare engines and a long-term service agreement.

Boeing to install infrared search and track systems on Navy carrier-based jet fighters

PATUXENT RIVER NAS, Md., 14 July 2014. U.S. Navy air combat experts are asking electro-optics engineers at the Boeing Co. to produce passive sensors for the F/A-18E/F Super Hornet jet fighter-bomber to enable the aircraft to detect, track, and attack enemy aircraft in a stealthy way without making its presence known.

Rugged 6U OpenVPX XMC carrier card for military aircraft offered by Curtiss-Wright

ASHBURN, Va., 14 July 2014. The Curtiss-Wright Corp. Defense Solutions division in Ashburn, Va., is introducing the VPX6-218 rugged 6U OpenVPX XMC carrier card for deployed applications intended for harsh defense and aerospace environments such as manned and unmanned aircraft and ground combat vehicles.

Homeland Security officials to order broad-area airborne maritime search radars from Raytheon

Homeland Security officials to order broad-area airborne maritime search radars from Raytheon

WASHINGTON, 7 July 2014. Maritime surveillance experts at the U.S. Department of Homeland Security (DHS) in Washington needed airborne radar systems for searching the surface of the ocean for a variety of security applications. They found their solution from the Raytheon Co. Space and Airborne Systems segment in McKinney, Texas.

Raytheon to build 485 AIM-9X air-to-air missiles in $233.1 million Navy contract

Raytheon to build 485 AIM-9X air-to-air missiles in $233.1 million Navy contract

PATUXENT RIVER NAS, Md., 7 July 2014. Missile designers at the Raytheon Co., won contracts worth more than a quarter-billion dollars in late June for aircraft- and ship-launched advanced anti-aircraft missiles.

4DSP delivers data acquisition, signal processing, and storage solution in XMC form factor

AUSTIN, Texas, 3 July 2014. 4DSP’s new FM788 is an FPGA-based, commercial off-the-shelf (COTS) card designed to deliver unparalleled performance for a variety of applications, including beamforming, direction finding, radar, and satellite communications.

Intelligent Aerospace

Groundbreaking Intelligent Aerospace Event Issues Call for Papers

SPOKANE, Wash., 3 July 2014. Intelligent Aerospace Conference Director Courtney E. Howard is issuing a Call for Papers for the Intelligent Aerospace 2015 conference, to be held 6-8 Oct. 2015 at Passenger Terminal Amsterdam, Netherlands.

Nordwind Airlines selects Fokker EFB on iPad for Airbus, Boeing fleet

Nordwind Airlines selects Fokker EFB on iPad for Airbus, Boeing fleet

HOOFDDORP, the Netherlands, 2 July 2014. Officials at Nordwind Airlines, a scheduled and charter airline in Moscow, sought an electronic flight bag (EFB) system for pilots. They found their solution at Fokker Services, part of Fokker Technologies, in the Netherlands. Nordwind Airlines’ A320, B737, B757, B767, and B777 fleet will gain the Fokker Services EFB solution for Apple’s iPad. 

Navy asks Boeing to update obsolescent electronic modules in F/A-18 AESA airborne radar

PATUXENT RIVER NAS, Md., 30 June 2014. Component obsolescence in advanced weapon systems is one of the most nagging and costly challenges of long-term systems development, but U.S. Navy officials are seeking to nip this problem in the bud for one of their newest airborne radar systems.

Sikorsky to support nine MH-60R helicopters to Danish navy in $115.7 million contract

PATUXENT RIVER NAS, Md., 30 June 2014. Helicopter designers at Sikorsky Aircraft Corp. in Stratford, Conn., will support nine MH-60R Seahawk multi-mission maritime helicopters for the Royal Danish Navy under terms of a $115.7 million contract.

Curtiss-Wright introduces rugged data storage for aircraft, UAVs, and mobile radar

Curtiss-Wright introduces rugged data storage for aircraft, UAVs, and mobile radar

ASHBURN, Va., 30 June 2014. The Curtiss-Wright Corp. Defense Solutions division in Ashburn, Va., is introducing the rugged CNS4 compact network data storage subsystem for demanding military applications like transport aircraft, helicopters, unmanned aerial vehicles (UAVs) and mobile radar systems.

Asiana NTSB

NTSB: Mismanaged approach, airspeed, misunderstanding of complex avionics led to Asiana flight 214 crash

WASHINGTON, 24 June 2014. National Transportation Safety Board (NTSB) officials in the U.S. have determined that Asiana Airlines flight 214 crashed when the airplane descended below the visual glidepath due to several factors, including: the flight crew's mismanagement of the approach and inadequate monitoring of airspeed, as well as autothrottle and autopilot flight director system complexities and the crew's misunderstanding of those systems.

Aerostat

Aerostat systems market to nearly triple to $9.96 billion by 2020

DALLAS, 24 June 2014. The aerostat systems market is projected to grow from $3.93 billion in 2014 to $9.96 billion by 2020, at an estimated CAGR of 16.68 percent, according to the latest market research report from MarketsandMarkets in Dallas.

Geospatial technology spending to reach $2.43 billion by 2018 amid need for data

Geospatial technology spending to reach $2.43 billion by 2018 amid need for data

MOUNTAIN VIEW, Calif., 23 June 2014. U.S. military spending for geospatial technologies will reach $2.43 billion in 2018, predict analysts at market researcher Frost & Sullivan in Mountain View, Calif.

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