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Boeing Invests in Human Spaceflight Pioneer Virgin Galactic

– Boeing and Virgin Galactic enter strategic partnership to transform commercial space travel and mobility

– Latest investment to date by Boeing HorizonX Ventures organization

Boeing [NYSE: BA] is investing $20 million in Virgin Galactic, a vertically integrated human spaceflight company. The companies will work together to broaden commercial space access and transform global travel technologies. 

“Boeing’s strategic investment facilitates our effort to drive the commercialization of space and broaden consumer access to safe, efficient, and environmentally responsible new forms of transportation,” said Brian Schettler, senior managing director of Boeing HorizonX Ventures. “Our work with Virgin Galactic, and others, will help unlock the future of space travel and high-speed mobility.” 

To date, Virgin Galactic has invested $1 billion of capital to build reusable human spaceflight systems designed to enable significantly more people to experience and utilize space. In July, the company announced its intent to become a publicly-listed entity via a business combination with Social Capital Hedosophia Holdings Corp. The Boeing investment will be in return for new shares in Virgin Galactic and is therefore contingent on the closing of that transaction, which is expected to close in the fourth quarter of 2019, and any such investment will be in the post-business combination company. 

This investment brings together two companies with extensive experience in the space industry. Virgin Galactic is a pioneer of commercial human space flight and is the first and only company to have put humans into space in a vehicle built for commercial service, having built and flown a Mach 3 passenger vehicle. Through its manufacturing and development capabilities, Virgin Galactic can design, build, test, and operate a fleet of advanced aerospace vehicles. Boeing has unsurpassed experience transporting people to orbit and building and operating large structures in that challenging environment. A part of every U.S. manned space program, Boeing serves as NASA’s prime contractor for the International Space Station (ISS) and is preparing the new, reusable, Starliner space capsule for launch to the ISS. 

“This is the beginning of an important collaboration for the future of air and space travel, which are the natural next steps for our human spaceflight program,” said Sir Richard Branson, founder of Virgin Galactic. “Virgin Galactic and Boeing share a vision of opening access to the world and space, to more people, in safe and environmentally responsible ways.” 

Boeing Defense, Space & Security President and CEO Leanne Caret, said “the unique expertise of our companies stretches from points all around the world to the deepest reaches of space. Together we will change how people travel on Earth, and among the stars, for generations to come.” 

George Whitesides, CEO of Virgin Galactic, noted: “we are excited to partner with Boeing to develop something that can truly change how people move around the planet and connect with one another. As a Virgin company, our focus will be on a safe and unparalleled customer experience, with environmental responsibility to the fore.” 

Additional information on specific projects to be pursued will be shared in the future.

Air Lease Announces Placement of New Boeing 787-9 Aircraft with MIAT Mongolian Airlines

Today Air Lease Corporation (AL) announced a long-term lease agreement with MIAT Mongolian Airlines for one new Boeing 787-9 aircraft. This aircraft, scheduled to deliver to the airline in Spring 2021 from ALC’s order book with Boeing, will be the first 787-9 to operate in Mongolia as well as the first Dreamliner in MIAT Mongolian Airlines’ fleet.

“ALC is honored to announce this significant lease placement with MIAT Mongolian Airlines and be the first to introduce the airline to the Dreamliner,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “We are proud to support the national carrier as it expands its fleet with the most technologically advanced aircraft to connect Mongolia with the rest of the world.”

“Our vision is to become a globally recognized Mongolian national flag carrier, and we are making a significant step forward by adding the first 787-9 Dreamliner to our fleet,” said Battur Davaakhuu, President and CEO, MIAT Mongolian Airlines. “The Mongolian Dreamliner will fly our passengers direct and in unmatched comfort to their dream destinations. Today is a proud day for MIAT and for all Mongolians.”

“It will be wonderful to see the 787 Dreamliner in MIAT Mongolian Airlines’ livery flying in and out of Ulaanbaatar and connecting Mongolia with key destinations across Asia and Europe. The airline has continued to build on its proud aviation history by modernizing its fleet and operations. We are honored MIAT has selected the 787 and its superior fuel efficiency and range to profitably grow their international network,” said Ihssane Mounir, senior vice president of Commercial Sales and Marketing for The Boeing Company. “We are delighted to partner with leading lessor ALC, which has a tremendous portfolio of 787 Dreamliners and other advanced jets, to open a new chapter in MIAT’s history.”

MIAT Mongolian Airlines currently operates two Boeing 737 MAX 8 aircraft and one 737-800 aircraft on lease from ALC.

Cirrus Aircraft Unveils TRAC Series Flight Training Aircraft

Duluth, Minn. & Knoxville, Tenn. – Cirrus Aircraft has announced the TRAC Series, a purpose-built configuration of the best-selling SR Series line of aircraft developed specifically for flight training institutions. The TRAC Series is thoughtfully crafted with reliability, durability and economy in mind to meet the rigors of high-tempo flight operations, while providing industry-leading safety and performance for both the pilot trainee and flight instructor. Combining the Perspective+TM by Garmin® flight deck along with the unrivaled performance and safety uniquely found in the SR Series, the TRAC Series includes tailored features such as rear seat push-to-talk functionality and a landing gear simulator aimed at increasing training productivity.

“Our commitment to flight training goes far beyond innovation in aircraft design to include a unique approach to attracting and training future generations of aviators,” said Zean Nielsen, CEO at Cirrus Aircraft. “The TRAC Series delivers a 21st century solution for world-class, forward-thinking flight training institutions.”

Designed to be the ultimate training platform, the technologically-advanced TRAC Series boasts an impressive list of features and capabilities that complement the aircraft’s stable flight characteristics. The integrated Perspective+ flight deck includes two large flight displays, a Flight Management System (FMS) keypad controller, an Electronic Stability and Protection system, as well as integrated engine indication and crew alerting/warning systems – all features found on today’s advanced airliners.

“Premier flight programs around the world continue to select Cirrus Aircraft for their training fleets,” said David Moser, Vice President of Fleet & Special Mission Aircraft Sales at Cirrus Aircraft. “These partnerships have been instrumental in our development of the technologically-advanced, cost-effective TRAC platform designed exclusively for leading flight academies and universities across the globe.”

Cirrus Aircraft has redesigned the interior to meet the unique needs of a high-utilization training environment, replacing the luxury materials found in the SR Series with a durable all-weather floor liner and easy to clean wear-resistant seats. The spacious cabin provides an optimal workspace to learn and train, with more space than typical training aircraft, rear seats for additional students or observers and optional air conditioning for comfort in all seasons.

The TRAC SR20 comes equipped with a modern Lycoming IO-390, 215HP power plant, providing reliability and efficiency for up to 2,400 hours before overhaul, and features a durable all-composite airframe structure with the signature Cirrus Airframe Parachute System® (CAPS®), making the TRAC Series one of the safest and most versatile training airplanes available today. The TRAC Series is further enhanced by a wide array of interactive, tailored flight training content through Cirrus ApproachTM, including online courses, engaging videos and the award-winning iFOM (interactive Flight Operations Manual) for convenient learning anywhere in the world.

With the TRAC Series, Cirrus Aircraft is poised to expand an already impressive list of world-class flight training programs around the globe that operate fleets of Cirrus aircraft, including Emirates Airline, Lufthansa Aviation Training, the United States Air Force Academy, Airbus Flight Academy, Western Michigan University, Oklahoma State University, Japan Civil Aviation College, the Royal Saudi Air Force and many more.

Airbus Announces New and Expanded Capability for OceanFinder

Toulouse, 18 September 2019 – Airbus Defence and Space has released the latest version of OceanFinder, its digital maritime service to detect, identify and track collaborative and non-collaborative vessels around the globe.

First launched in 2018, OceanFinder leverages Airbus’ advanced constellation of optical and radar satellites, combined with real-time global Automatic Identification System (AIS) data, and the latest in automated analytics, to support a broad range of critical applications across defence and security, shipping, oil and gas, and insurance markets.

OceanFinder’s latest updates introduce a number of innovative features – extending the service’s capabilities in several key areas. From today, users will benefit from enhanced imagery and AIS data correlation to identify the precise location of a non-responding vessel in near real-time. This development has been combined with the latest in fully-automated detection and classification, which utilises powerful proprietary algorithms to determine a vessel’s identity in just a few seconds. Subsequently, Airbus’ human analysts are able to focus on providing additional, value-added intelligence, such as interpretation of specific behaviour or threats, without delaying a report’s delivery. New tools have also been incorporated to provide the most relevant acquisition plan to predict routes and projected locations of vessels, based on last position, date, trajectory and speed. 

Several of the unique features have been made possible through a multi-year partnership with exactEarth, a leading provider of satellite-AIS data services. The agreement, which provides OceanFinder with access to exactView RT – exactEarth’s second-generation real-time satellite-AIS data platform – includes all live and archived data.

“By combining Airbus’ satellite imagery with the most advanced AIS data services and analytics, we are positioning OceanFinder as a key reference for maritime detection and identification” said François Lombard, Director of the Intelligence Business for Airbus Defence and Space. “Automation and near real-time are the two pillars through which we will provide our customers with the insights they need to make decisions faster, whether for real-time situational awareness, Search and Rescue operations or location and tracking of illegal maritime activities.”

OceanFinder is accessible through the OneAtlas web portal (oneatlas.airbus.com), enabling customers to ‘self-order’ the required products through a simple user interface that is available 24/7.

Boeing 702X Satellite Offers Unique Multi-Mission Flexibility

  • Matured design enables delivery to customers in less than three years
  • Boeing software reallocates bandwidth to meet real-time changes in demand

PARIS Sept. 9, 2019 — Boeing [BA] unveiled its 702X family of software-defined satellites, highlighting a 1,900kg variant for geosynchronous orbit. The 702X technology enables operators to adapt to changing market conditions by dynamically allocating bandwidth.

The 702X builds on Boeing’s existing success with the 702 series satellites. The 702X platform incorporates a mature design, with a medium Earth orbit version already in production. Advanced manufacturing processes dramatically reduce cost and schedule risk while allowing the 702X to be delivered to customers within three years.

The 702X satellites will allow operators to distribute capacity to a variety of end users, connecting businesses, ships, airplanes, autonomous vehicles and broadband internet users around the world. “Satellites are, and will continue to be, an integral part of our data-driven society,” said Eric Jensen, vice president of Global Sales and Marketing, Boeing Commercial Satellites. “The 702X gives our customers the tools necessary to evolve with the market.”

The 702X is available to customers today. Boeing estimates the first 702X geosynchronous variant will be operational as soon as 2022.

Follow us on Twitter: @BoeingDefense and @BoeingSpace.

Boeing is unveiling its new 702X family of software-defined satellites. All 702X variants, such as the small geosynchronous orbit model shown here, will provide satellite operators the flexibility to reallocate bandwidth through software updates in real time to meet changes in market demand. (Boeing photo)

Japan’s Military Seek Eighth Straight Annual Defense Spending Hike

TOKYO, Aug 30 (Reuters) – Japan’s military has asked for an eighth straight annual increase in defence spending to help pay for U.S.-made interceptor missiles, stealth fighters, and other equipment it wants to counter threats from North Korea and China.

The Ministry of Defence budget proposal released Friday calls for spending to increase 1.2 percent to a record 5.32 trillion yen ($50.48 billion) in the year starting April 1. Finance ministry officials will scrutinise the request before it is approved by Prime Minister Shinzo Abe’s cabinet.

Already one of the world’s biggest military spenders despite a constitution that forbids the possession of weapons to attack other countries, Japan has increased military outlays by a tenth over the past seven years. That growth is being driven by alarm over military build ups by its neighbours.

Japan’s spending, much of it on advanced weapons from the United States, has benefited the likes of Lockheed Martin Corp and Raytheon Co, and worried local contractors such as Mitsubishi Heavy Industries who have seen their share of defence spending shrink.

U.S. President Donald Trump has thanked Japan for buying the expensive U.S. equipment, helping curtail criticism of Japan amid trade tensions between Tokyo and Washington.

For the next fiscal year, Japan’s defense officials have asked for 115.6 billion yen to buy nine Lockheed Martin F-35 stealth fighters, including for the first time six short take-off and vertical landing (STOVL) B variants that it wants to operate from aircraft carriers. That purchase will help Japan project military power by extending the range at which the country’s Self Defense Forces can operate.

The defence ministry also wants 116.3 billion yen to bolster ballistic missile defences (BMD), including money for a new generation of interceptor missiles designed by Raytheon to shoot down incoming warheads in space. It also wants funds for vertical launch systems for ships and two planned ground-based Aegis Ashore radar missile tracking stations.

($1 = 105.3900 yen)

(Reporting by Tim Kelly; Editing by Michael Perry)

Bell 505 Jet Ranger X Fleet Surpasses 20,000 Flight Hours

Fort Worth, TX (28 August 2019) – Bell Textron Inc., a Textron Inc. (NYSE:TXT) company, announced the Bell 505 Jet Ranger X has surpassed more than 20,000 flight hours. Bell has delivered 200 aircraft to customers operating the aircraft spanning six continents.

Since the first delivery in 2017, the global fleet has logged more than 20,000 hours, marking one of Bell’s fastest growing accumulation of flight hours of any current commercial platform.

“Our Bell 505 operators rely on the aircraft to perform from the beginning of each day to when their mission is complete,” said LaShan Bonaparte, program director, Bell 505 and Bell 429. “Logging more than 20,000 flight hours is very impressive for an aircraft in service less than three years. This achievement is a testament to the Bell 505’s performance and our customer’s confidence in the aircraft.”

With a speed of 125 knots (232 km/h) and useful load of 1,500 pounds (680 kg), the Bell 505 is Bell’s new five-seat aircraft designed for safety, efficiency and reliability using advanced avionics technology. It incorporates proven dynamic components, advanced aerodynamic design, a dual channel FADEC Turbomeca Arrius 2R engine and best-in-class value.

For more information, visit the Bell website.

Collins Aerospace and L3 Harris to Support New C-130H Aircraft Cockpit Capabilities

  • 1970s era aircraft to be updated with Flight 2 Avionics
  • Will support extension of life of the aircraft by 20 years
  • Provides pilots increased situational awareness and reduces workload

CEDAR RAPIDS, Iowa (Aug. 28, 2019) – Collins Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), has been selected by L3Harris Technologies to play a key role in the U.S. Air Force’s C-130H Avionics Modernization Program Increment 2 (AMP INC 2) program. The fleet of 176 C-130H aircraft, operated by the Air National Guard and U.S. Air Force Reserve, will be equipped with Collins Aerospace’s Flight2™ integration avionics system and will expand the company’s position as a global leader in C-130 modifications.

Once on contract, Collins Aerospace’s Flight2 avionics will replace over 100 analog instruments in the current cockpit with seven multifunctional displays (MFD), three control display units (CDU), and a new digital autopilot. These new systems will reduce workload, improve the pilots’ situational awareness, and improve the safety and reliability of the aircraft. The new displays also make it easier for the pilots to overlay flight plans, see nearby points-of-interest and view radar and threat information.

“Prior to our selection for the AMP INC 2 program, 190 C-130 aircraft have already been modified, or are on contract to be modified, with our proven Flight2™ avionics. Our history of successful installations played a big role in our selection,” said Dave Schreck, vice president and general manager for Military Avionics and Helicopters at Collins Aerospace. “These aircraft are important to national security, and by working with L3Harris, our integrated avionics system will support the extension of the life of the planes for another 20 years.”

The avionics contract adds to the suite of nose-to-tail solutions that Collins Aerospace provides for the C-130 aircraft. Other products include propellers, wheels, brakes, secure communications, Head-up Displays/Enhanced Vision Systems (HUD/EVS) and advanced cargo loading systems.

Saab Signs Contract to provide Belgium with a Combat Training Centre

Saab has signed a supply contract with the Belgian MoD for the deliveries of training systems to the Belgian Army. The order value is approximately SEK 160 million and deliveries will take place in 2021.

The contract includes providing a complete training centre with infantry simulators, anti-tank simulators, vehicle systems and communication systems for controlling, monitoring and collecting training data to enable detailed analysis of exercises. The support contract will be negotiated separately later on.

One of the requirements was interoperability with NATO, and with Saab’s training system Belgium will be capable of participating in multinational exercises.

“This means Belgium will share the same standards as members in the Interoperability User Community (IUC). They can therefore take part in multinational exercises together with, among others, the Netherlands, Poland, Germany, Austria, Sweden, Norway, Finland, the UK and the US 7thArmy,” says Åsa Thegström, head of the business unit Training & Simulation within Saab’s business area Dynamics.

 “The Belgian Army has used our training systems for the last four years and have clearly seen the benefits of realistic training. This order strengthens our position as one of the world’s leading suppliers of solutions for combat training,” says Henrik Vassallo, head of the country unit France & Benelux within Saab’s market area Europe.

The business unit Training & Simulation develops, manufactures and markets advanced military training equipment, such as laser simulator systems, instrumented training systems and target equipment. It also provides service and maintenance for delivered systems.

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