Deloitte is predicting continued growth in the global aerospace and defense markets next year, citing tensions on the Korean peninsula and in the Middle East. "China's 2018 defense budget grew 8.1% year over year to US $175 billion, which is the largest increase in the past three years," the report states.
Cybersecurity as it relates to prime and subcontractors has become a top concern at the Pentagon. This Raytheon-sponsored e-book explores the issue and how the Defense Department plans to incorporate cybersecurity as a key factor in contract awards. Aerospace Industries Association Vice President for National Security Policy John Luddy lays out the critical need for a government-industry partnership on cybersecurity in the book's lead article.
Australia's air force has taken delivery of the first two F-35s to be permanently based in the country. Australia has purchased 10 Lockheed Martin F-35s, has ordered 72 more and is considering an additional 28 beyond that.
Embraer is anticipating demand for its Praetor business jets in the Middle East due to the success of Legacy models. "Given the range that the Praetor 600 offers, it can fly direct from Dubai, Riyadh, or Jeddah to London nonstop," said Embraer's Claudio Camelier.
Eric Fanning, president and CEO of the Aerospace Industries Association, underscores the importance of cybersecurity in space. "Satellites aren't just military tools. What we do every day in our lives [relies] on satellites," he said, noting that the more the US uses satellites, the more potential harm the country suffers from loss of capability.
NASA's Lunar Reconnaissance Orbiter, launched in 2009, will help future commercial landers reach the lunar surface. The orbiter has seven years of fuel remaining.
Joint Chiefs of Staff Chairman Gen. Joseph Dunford will remain on the job for the rest of his term, according to the Pentagon. President Donald Trump plans to nominate Army Chief of Staff Gen. Mark Milley as the next chairman.
UPS is offering discounts to small businesses in a promotion that will run through the end of the year. "These savings, together with our highly reliable network, which is performing at levels consistent with our non-peak, on-time performance, is a winning combination," said UPS Chief Marketing Officer Kevin Warren.
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