Rapid Fire Evening 2011-06-20: UAV Growth Hopes
- Honeywell Aerospace’s President follows comments made by Boeing 24 hours earlier by also declaring that unmanned aircraft systems (UAS) will provide growth opportunities despite cuts to US defense expenditure. Beyond UAS, Mike Madsen also sees potential in retrofit and modernization programs.
- France’s Safran and China’s AVIC sign two memorandums of understanding (MoU) at the Paris Air Show. The first MoU focuses upon the development of new-generation turboshaft engines for heavy helicopters; the other concerns collaboration on avionics equipment for all types of aircraft.
- The Chairman of Israel Aerospace Industries sees opportunities for business development in the United States and Brazil, re-emphasizes the importance of defense ties with Turkey and has mixed feelings about joint ventures.
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