F-35A Weapons Carriage (Lockheed Martin Photo by Matt Short)
As defense markets continue to adapt to dynamic economic and political forces, the major players continue to hold their entrenched positions.
Regional turmoil in parts of the Middle East, Europe and Asia continue to drive the need for more spending. Further, international sales for many firms are set to expand, driven by fear over the Islamic State (also known as ISIS), a more bellicose Russia, and regional pressures from China and North Korea. Continue reading →
As the primary foundation upon which Russia’s United Aircraft Corp has been built, Sukhoi remains the strongest of the Russian manufacturers. The company’s success is due to two programs: one civil aircraft, the Sukhoi Superjet 100; and one military, the Su-35 fighter. Continue reading →
Welcome to the Forecast Roundtable Podcast. Forecast Roundtable brings together expert analysts, industry professionals, and government officials to discuss the latest issues in the aerospace and defense markets. Produced at the Forecast International headquarters, Forecast Roundtable offers unique and in depth insight and discussion on any range of topics from geopolitics to aerospace and defense markets. Topic suggestions are welcome. Continue reading →
In spite of a market slowdown, Kaman expects aerospace and defense to be its key revenue drivers going forward. Aerospace revenues will be steady as airframers deal with massive order backlogs. The ongoing conflicts in the Middle East will continue to drive sales for fuzing products in defense.
Sukhoi Superjet 100. Source: Superjet International
United Aircraft Corporation is ever so slowly coming into its own. Following its formation, the firm struggled to combine the disparate entities and Russia’s aerospace industry into a cohesive whole. While the firm still has a way to go, it has made substantial progress.
With the conflict in Ukraine, UAC has pulled back on its international defense marketing to a degree – at least to new customers. Instead, the company is focusing on its nascent commercial programs, the Sukhoi Superjet 100 and the under-development Irkut MC-21.
China’s dream of becoming a major aerospace power took a step closer to becoming reality with the long-awaited rollout of the C919. This all-new narrowbody airliner is designed to compete directly against Airbus’ A320 family and Boeing’s 737.
Led by AVIC’s COMAC subsidiary, the program is now entering the difficult phase of testing, certification and delivery. It’s true that AVIC may have gained experience through the long-delayed ARJ21 regional jet program, but even Airbus, Boeing, and Bombardier have trouble keeping to aggressive schedules with all-new aircraft. Testing and certificating the C919 is going to be a long, drawn-out process, and service entry in the Chinese market is unlikely to occur until 2018 or later. Continue reading →
The turmoil that has roiled Bombardier over the past few years came to a head in 2015 when top management was dramatically reshuffled.
In February, Alain Bellemare was named to replace CEO Pierre Beaudoin. In April, Fred Cromer was selected to lead Bombardier Commercial Aircraft. In June, David M. Coleal was named president of Bombardier Business Aircraft. Finally, in August, a new chief financial officer, John Di Bert, was named to replace the retiring Pierre Alary.
The new management team has its work cut out for it as it seeks to deal with a litany of woes in the CSeries, Global 7000/8000, and Learjet 85 programs.
Following its consolidation with Ukraine’s state-owned defense conglomerate Ukroboronprom earlier this year, Antonov is now expected to become the focal point of the country’s aviation industry. In addition, Antonov will expand its maintenance, repair, and operations services under Ukroboronprom’s aegis. Continue reading →
While the backlog of engine production will drive profits for years, Rolls-Royce is looking to adapt its operations for a new era – and a change in leadership is on the way. Effective this July, tech industry veteran Warren East will replace CEO John Rishton at the helm. Continue reading →
In a move that could set the stage for a corporate divestiture, United Technologies Corp (UTC) has appointed a new president to head its Sikorsky Aircraft subsidiary. Effective immediately, former UTC executive Robert Leduc has been named president of the global helicopter manufacturer, succeeding Mick Maurer.