According to The Guardian, President Donald Trump’s call for a major boost in U.S. military spending has been met with an uproar from opponents warning that such a policy would waste millions of taxpayer dollars. To lend perspective on the issue, in fiscal year 2015, military spending in the United States accounted for 54 percent of all federal discretionary spending, according to the Institute for Policy Studies. Right now the U.S. military has the ability to fight just under two world wars simultaneously. The International Institute for Strategic Studies says the U.S. accounts for more than a third of the world’s military spending. Continue reading →
Annual deliveries of remote sensing satellites are increasing at high rates. Only 18 remote sensing satellites launched in 2013, but 177 were launched in 2017.
This trend can be expected to continue. During the 2018-2032 forecast period, civil and commercial satellite operators will take delivery of 3,979 satellites, representing an estimated $39 billion in value of production. Continue reading →
Data from Forecast International’s Platinum Forecast System 4.0 indicate that 29,407 large commercial jet transports will be produced in the 15-year period from 2018 through 2032. The value of this production is estimated at $4.73 trillion in constant 2018 U.S. dollars. Continue reading →
On June 22, Airbus reported that Greece’s biggest airline, Aegean, had firmed up an order for the purchase of 20 A320neo and 10 A321neo jets. The deal follows an earlier MoU signed in March 2018. The order was just one of many sizable Boeing and Airbus bookings in June. Photo: Airbus SAS
Boeing and Airbus delivered 82 and 80 commercial jets in June 2018, respectively, compared to 75 and 64 deliveries during the same month last year. June is traditionally a busy month for deliveries. Of key importance for Airbus, its persistent troubles with insufficient engine deliveries appear to be easing. In 2017, Boeing delivered 763 jets (748 in 2016), in line with company expectations, while Airbus surpassed its delivery target of 700 jets by handing over 718 aircraft during 2017 (688 in 2016).
Airbus announced large orders for the very popular A320neo narrowbody airliner at the Farnborough Air Show along with new orders for the larger A350 XWB widebody and a commitment for the A220. We don’t expect to see any orders for the A380 at the show.
As usual, the order contest between Airbus and Boeing will take center stage at this year’s Farnborough International Airshow in the U.K. Through the end of June 2018, orders for the two giant manufacturers were somewhat ahead of the pace set in the first six months of 2017. With few or no signs evident of an immediate sales slowdown, the stage is set for another big order haul at the show for Airbus and Boeing. It should be kept in mind, though, that the Farnborough show tends to generate a lower number of order announcements than does the rival Paris Air Show. Continue reading →
F-35B & F-35C in formation. Photo: Lockheed Martin
The General Services Administration’s U.S. Federal Procurement Data System– Next Generation released its annual Top 100 Federal Contractors report – Fiscal Year 2017. The top 100 federal contractors accounted for $283 billion of the obligated dollars, up 8 percent compared to $262 billion in FY16. Lockheed Martin remains the dominant contractor with $50.7 billion (almost 10% of the obligated total), followed by Boeing with $23.4 billion (4.6% of the obligated total). Continue reading →
Airbus A220-300 is the newest member of the Airbus single-aisle family. Photo: Airbus
Airbus rebadged the Bombardier CSeries jet as the Airbus A220 after taking control of the program on July 1 under a new joint venture between the two manufacturers. The two new models in Airbus’ lineup, the A220-100 and A220-300, were formerly known as the CS100 and CS300, respectively. Continue reading →
Egyptian President Abdel Fattah el-Sisi (R) meets with Russian President Vladimir Putin (L) in Cairo, December 2017. Source: Russian presidency website.
Earlier this month, La Tribune reported that France and Egypt are moving forward on negotiations for another sale of Dassault Rafale fighter jets to the Egyptian Air Force.[i] Cairo and Paris are said to be negotiating on a new agreement for the sale of up to two dozen Rafales to Egypt, on top of the initial group of 24 ordered in 2015. Furthermore, Egypt may procure another two Gowind 2500 corvettes and is interested in French drones and helicopters. Continue reading →