Airbus, BAE Change Their US Leadership

Pentagon Waives Rules Meant to Prevent Defense Use of Chinese Components

* According to Reuters, US Acquisition Undersecretary Frank Kendall allowed the use of Chinese magnets in F-35 components to avoid delays for lack of parts. Such magnets often depend on rare-earth materials. * The UAE is reportedly concerned that US components on...
Airbus, BAE Change Their US Leadership

Deloitte Forecasts Stable Global Aerospace Growth Thanks to Passenger Traffic

* Consulting firm Deloitte released its annual aerospace and defense industry outlook [PDF] which projects more of the same: strong commercial aerospace growth and defense decline, at least until the next significant war. Note to Deloitte: the verdict is already out...
Airbus, BAE Change Their US Leadership

India Cancels VVIP Helo Contract

* The Indian government announced the termination “with immediate effect” of a contract for 12 VIP helicopters with AgustaWestland under investigation in India and Italy for alleged corruption. However the government also seems to have changed their mind...