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November 29, 2023 | International, Naval

Canada set to announce sole-source contract to Boeing for maritime patrol aircraft -source | Reuters

Canada is set to announce on Thursday a multi-billion dollar sole-source contract for Boeing Co’s P-8 Poseidon maritime patrol aircraft to replace the country’s military surveillance planes, a senior government source familiar with the matter told Reuters.

https://www.reuters.com/business/aerospace-defense/canada-set-announce-sole-source-contract-boeing-maritime-patrol-aircraft-source-2023-11-29/

On the same subject

  • Defense authorization bill delayed until after election

    September 10, 2020 | International, Aerospace, Naval, Land, C4ISR, Security

    Defense authorization bill delayed until after election

    By: Joe Gould WASHINGTON — A bipartisan compromise and vote on the 2021 defense policy bill isn't likely before the Nov. 3 elections, but it should come “quickly” thereafter, the House Armed Services Committee's top Republican said Wednesday. The vote would delay a decision from Congress about whether the Defense Department to rename military bases honoring Confederate leaders. It's defining issue for the $740.5 billion defense authorization bill, which includes must-pass provisions like military pay hikes, defense equipment purchase plans and strategic posturing of forces in coming years. “There are more negotiations that have to occur, and part of that negotiation is talking with the White House about the shape of that provision,” Rep. Mac Thornberry, of Texas, said at the Defense News Conference. “Is there a way to get everybody to ‘good?' Of course there is. Is it likely to happen before the election? No, it's not.” Republicans and Democrats in the House and Senate voted overwhelmingly to back language requiring the changes, though the House requires the names changed within one year and the Senate bill requires them within three years. President Donald Trump has threatened to veto the 2021 National Defense Authorization Act over the Confederate name changes among other issues. Trump has said Senate Armed Services Chairman Jim Inhofe, R-Okla., personally assured him that Congress will not force the Pentagon to change the names. That's fueled speculation that bipartisan negotiations to reconcile the bills could drag on. The summer's sustained protests over racial injustice have buoyed the provision, while Trump has argued that changing the names would dishonor troops who have served at the sites and that Confederate symbols aren't racist. “We can't cancel our whole history,” he told Fox News last month. Thornberry, who had offered a softer alternative as a House amendment, said Wednesday that both sides have political incentives not to compromise on the base renaming provision, among other issues. “I don't know how that will come out in conference, but I do think we are in a time when neither party is rewarded for compromise, and coming together and getting things done,” he said. “On the other hand, I think we should be able to get a conference report pretty quickly after the election.” https://www.defensenews.com/congress/2020/09/09/no-defense-authorization-bill-before-election-says-thornberry/

  • Demand for New and Refurbished Aircraft and Need for Lightweighting Materials Fuel Aerospace Adhesives and Coatings Sector Growth

    October 29, 2018 | International, Aerospace

    Demand for New and Refurbished Aircraft and Need for Lightweighting Materials Fuel Aerospace Adhesives and Coatings Sector Growth

    LONDON, Oct. 29, 2018 /CNW/ -- Current and evolving growth prospects in the global aerospace adhesives and coatings market look promising over the next six years. Frost & Sullivan's analysis forecasts the market to reach $1.90 billion by the end of 2024, driven by an increasing need for lighter materials, investment in technically advanced products, evolving regulations, and high-volume demand for new and refurbished aircraft. "While manufacturers are increasingly investing in product development to enhance environmental sustainability and product efficiency, customers are seeking out products that are easy to apply, highly durable, quick drying, lighter in weight, environmentally sustainable, and regulatory compliant," said Christeena Thomas, Senior Research Analyst,Chemicals and Materials, EIA at Frost & Sullivan. For further information on this analysis, please visit http://frost.ly/2vs Merger and acquisition activities are expected to continue, with global companies acquiring small manufacturers to access their products, technical competences, distribution channels, and customer bases. To gain a competitive advantage, Thomas recommends manufacturers invest in developing adhesive formulations that are superior in properties such as durability and UV resistance and compatible with multiple substrates while exhibiting reduced overall weight after application. Key trends creating growth opportunities in the market include: A boost in unmanned aerial vehicle demand in commercial, defence, and general aviation segments due to decreased technology costs High demand for adhesives and coatings in the defence and aerospace segments in the Asia-Pacific and Rest of World countries with increased investments in domestic manufacturing and operations Customer demands for newer, high-performance adhesives and coatings Growth in defense spending in the aerospace sector due to changing global economic conditions Growing demand for adhesive and coatings formulations that are compatible with robotic applications Replacement of traditionally used heavy fasteners with lighter-weight adhesives "Programs such as Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) in the European Union, US Environmental Protection Agency (EPA), and Federal Aviation Administration (FAA) are expected to increase the research and development and transaction costs that businesses incur when developing and distributing new types of chemical compounds," noted Thomas. "In addition, extensive testing, verification, and approval cycles delay product launches, resulting in significant time and costs for material suppliers." Growth Opportunities in the Global Aerospace Adhesives and Coatings Market, Forecast to 2024 market intelligence identifies disruptive market and technology trends, drivers and restraints, market share and competitive analysis. Percent unit shipment forecast by technology, application, chemistry, and end-industry for Europe, North America, Asia-Pacific and Rest of World are also provided. Growth Opportunities in the Global Aerospace Adhesives and Coatings Market, Forecast to 2024 is the latest addition to Frost & Sullivan's Visionary Science research and analysis available through the Frost & Sullivan Leadership Council, which helps organisations identify a continuous flow of growth opportunities to succeed in an unpredictable future. About Frost & Sullivan For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. https://www.newswire.ca/news-releases/demand-for-new-and-refurbished-aircraft-and-need-for-lightweighting-materials-fuel-aerospace-adhesives-and-coatings-sector-growth-698876461.html

  • Dubai Airshow Issue 1

    November 15, 2021 | International, Aerospace, Naval, Land, C4ISR, Security

    Dubai Airshow Issue 1

    Welcome to this edition of the digital ShowNews, an interactive and immersive highlight of content from the Dubai Airshow.

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