Aerospace
Top stories summarized by our editors
7/16/2018

When Kathy Warden steps up as CEO of Northrop Grumman in 2019, four of the major US defense firms will have women as CEOs. Warden will join the ranks of Lockheed Martin CEO Marillyn Hewson, General Dynamics CEO Phebe Novakovic and Boeing Defense, Space and Security CEO Leanne Caret.

7/16/2018

The Aerospace Industries Association says air shows are an important mechanism for aerospace and defense. "Air shows provide the opportunity to engage and showcase for key customers what America has to offer, [giving] us a venue to bolster and create new supply chain relationships," Remy Nathan, international affairs vice president at AIA, said.

7/16/2018

GE Aviation will provide the first public look at its "integrated, open" flight deck with an avionics demonstrator at the Farnborough Airshow. The company announced its open flight deck project last year.

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GE Aviation, Farnborough Airshow
7/16/2018

Raytheon is seeking additional customers for its StormBreaker bomb at the Farnborough Airshow while it awaits US decisions on F-35 weapons upgrades integration. Last year, the company received approval to sell the StormBreaker to Australia for F-35s.

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FlightGlobal (U.K.)
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Raytheon, Farnborough Airshow
7/16/2018

The European market will get its first look at the Northrop Grumman MQ−8C Fire Scout helicopter drone at the Royal International Air Tattoo. "This is going to be the first time that the larger Fire Scout is going to be seen by some of our partner nations that will be attending RIAT," said Northrop's Jack Thomas.

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Defense News
7/16/2018

The price of the F-35 continues to fall as more are purchased and is on track to reach $80 million per aircraft. The US and Lockheed Martin are finalizing an agreement for 141 F-35 fighter jets at $89 million per jet, a 6% decrease since 2017.

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Reuters
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Lockheed Martin
7/16/2018

The Rolls-Royce Trent 7000 engine is closing in on certification and will be seen at the Farnborough Airshow powering the Airbus A330-900neo.

7/16/2018

Boeing has announced a 14-plane order from DHL to kick off the Farnborough Airshow. The 777 freighter aircraft are valued at $4.7 billion.

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Reuters
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DHL, Farnborough Airshow, Boeing
7/16/2018

AirAsia and Airbus are close to nailing down a $23 billion order for up to 100 A321neo passenger jets and 34 A330neos, sources say.

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Skift
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Airbus, AirAsia
7/16/2018

NASA and the European Space Agency are expected to share details regarding international cooperation on a mission to return to the moon at the Farnborough Airshow. ESA has selected Lockheed Martin to develop a spaceport in Scotland.