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10/15/2018 - NETJETS took option to acquire up to 175 Cessna Citation Longitudes starting 2H19 and (as launch customer) up to 150 clean-sheet Cessna Citation Hemispheres from Textron Aviation.
HONEYWELL forecasts delivery of 7,700 business jets worth $251b in 2018-2028 (down from 8,300 worth $249b in 2017's 10-year forecast), including 630-640 in 2018.
EMBRAER introduced new HTF7500E-powered Praetor 500 midsize and Praetor 600 super-midsize business jets at NBAA Convention.
10/14/2018 - HARRIS CORPORATION and L3 TECHNOLOGIES agreed to combine in all-stock merger of equals to create L3 HARRIS TECHNOLOGIES, the 6th largest defense company in US.
10/10/2018 - TRANSDIGM GROUP agreed to purchase ESTERLINE TECHNOLOGIES in deal valued at $4b.
10/9/2018 - BOEING completed acquisition of Miami-based KLX AEROSPACE SOLUTIONS (fastener/consumables distributor).
10/8/2018 - FL ARI AIRCRAFT MAINTENANCE & ENGINEERING was formed in Harbin, China by Aircraft Recycling International (49%), FL Technics (40%) and CALC (11%) to provide aircraft MRO services.
10/8/2018 - AIRBUS named Guillaume Faury as its next Chief Executive Officer (effective mid-2019).
10/7/2018 - AIRBUS made first flight of Delta's first A220-100, slated to begin service in early 2019.
10/5/2018 - AIRBUS booked orders in September from SWISS for seven A320neos and three A321neos, VIVAAEROBUS for 25 A321neos, SALAMAIR for an A320neo and an unidentified customer for an ACJ320ceo, and now has 311 (256 net) orders in 2018. It delivered 69 aircraft (three A220s; 14 A320ceos; 37 A320neos; four A330s; 10 A350s; A380) in September vs 55 in September 2017.
DefenseChain will provide unparalleled insight and information on Defense spending trends and supply chain issues. From program outlooks to defense acquisition reforms and supplier concerns, this event will focus on key components driving the Defense industry.