Airlines in Asia are leading the way in adopting the low-cost long-haul service model.
The Defense Department and Trump administration are pressing for a four-pronged approach to US security in space, including the formation of a Space Force.
The Trump administration is showing support for the US aerospace and defense sector as an economic engine, a position long held by the Aerospace Industries Association. "I've always believed national security and economic security are very much intertwined," AIA President and CEO Eric Fanning said recently. "The aerospace industry is 2.4 million American workers; they make 81% more than the national average; we paid out $220 billion in wages and benefits last year. And so these really are symbiotic in that way."
The Defense Department plans to add security assessments to its criteria in awarding contracts as a way to protect the supply chain. "The department's goal is to elevate security to be on par with cost, schedule and performance," Maj. Audricia Harris says.
While private investment in commercial space reached a record $3.9 billion in 2017, most commercial spaceport facilities still have not hosted many -- or any -- launches. Frank Slazer, vice president of space systems at the Aerospace Industries Association, cautioned against "irrational exuberance" in this emerging market.
The State Department will roll out new financing options for weapons sales to allies and partners, helping the US compete with exporters such as Russia and China. Dak Hardwick, assistant vice president for international affairs at the Aerospace Industries Association, points out that neither China nor Russia are as restrictive as the US when it comes to the use of weapons systems post-sale.
Mexico has been cleared by the State Department for its first purchase of Raytheon Evolved Seasparrow missiles.
Raytheon and a Dynetics-Lockheed Martin team will go head to head in developing new technology for the Army's high-energy laser tactical vehicle demonstrator.