A Deloitte report says the global defense and aerospace sector recorded a 3.8 percent growth rate in 2015 and generated $674.4 billion in total revenues. The consulting firm said Thursday revenue in the worldwide defense subsector rose 1.7 percent – or $5.8 billion — from the previous year driven by increases in military expenditures. Deloitte’s 2016 Global Aerospace and Defense Sector Financial Performance […] More

CAE has recorded a new milestone of more than 350,000 hours for the NATO Flying Training in Canada program since the initiative began in 2000. The CT-156 Harvard fleet surpassed 240,000 flying hours that represent more than 200,000 flights and the CT-155 Hawk fighter lead-in trainer fleet completed 110,000 flying hours from 95,000 flights, CAE […] More

Northrop Grumman and the U.S. Navy concluded a series of operational assessments on a company-built MQ-8C Fire Scout autonomous helicopter last month. The company said Tuesday its MQ-8C recorded 83.4 flight hours and collected about 72 data points in real time during OA flight test performed by the Navy’s Air Test and Evaluation Squadron (VX-1) over a three-week period. Navy and Northrop […] More

Northrop Grumman has marked the start of component parts production with Korea Jig and Fixtures and Firstec for South Korea’s RQ-4 Global Hawk unmanned aerial systems. Firstec displayed its wire harnesses and KJF showed its aerospace-grade machine parts for the UAS at the Seoul International Aerospace and Defense Exhibition, Northrop said Thursday. Northrop works with Firstec and […] More