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CFM, Engine Maker for Airbus and Boeing, Ramping up Output to Align with Jet Production
July 18, 2026 - CFM International plans to increase engine deliveries by 15% this year to support higher aircraft production rates at Boeing and Airbus. The company is also introducing more durable engine designs to improve performance in demanding operating environments. CFM said growing airline demand for newer, more fuel-efficient aircraft continues to drive production across the commercial aviation markets. (Seeking Alpha)
Chinese Airlines Order 95 Airbus Jets with List Price of $17.8B to Expand Fleets
July 17, 2026 - Three Chinese airlines have agreed to purchase 95 Airbus aircraft with a combined list price of approximately $17.8 billion. Air China, Shenzhen Airlines, and Hainan Airlines will acquire a mix of A350-900 widebody and A320neo-family narrowbody aircraft to expand capacity and modernize their fleets. The deliveries are scheduled between 2028 and 2032 as Chinese carriers continue rebuilding and expanding following the pandemic. (Reuters)
Saab Profit Beats Forecast as Defence Boom Spurs Surge in Orders
July 16, 2026 - Saab reported stronger-than-expected second-quarter earnings, with operating profit rising to SEK 2.79 billion ($289 million) as sales increased nearly 30% year over year. Order bookings more than doubled during the quarter, driven by continued demand for the company's fighter aircraft, missiles, submarines, and surveillance systems. Saab said it is expanding production capacity to support growing demand and recent major contracts, including Gripen fighters, A26 submarines, and GlobalEye surveillance aircraft. (Reuters)
GE Aerospace Says it is Supporting Boeing’s 787 Production Ramp-Up
July 16, 2026 - GE Aerospace said deliveries of its GEnx engines for the Boeing 787 increased significantly in the second quarter, with widebody engine shipments rising 30% year over year. The company said it is working closely with Boeing to support the planned increase in 787 production to 10 aircraft per month. GE also noted that commercial engine supply chain conditions have improved but will need to continue strengthening to meet future production targets. (Reuters)
Pentagon Announces Multiyear Deals to Buy Thousands of Affordable Cruise Missiles
July 15, 2026 - The Pentagon has signed framework agreements with Anduril, CoAspire, and Zone 5 Technologies to develop and produce lower-cost air-to-ground missiles under the Air Force’s Family of Affordable Mass Missiles (FAMM) program. The initiative aims to increase missile production capacity, with the three companies expected to eventually produce up to 8,000 missiles annually. The program is intended to expand the defense industrial base and provide the Air Force with more affordable, scalable strike capabilities alongside existing high-end munitions. (Air & Space Magazine)
European Firms Plan Exo-Atmospheric Interceptor for 2027 Test
July 15, 2026 - Five European defense companies, including Destinus, MBDA, Safran, Airbus, and Thales, are forming the Bliksem EXO consortium to develop Europe’s first exo-atmospheric interceptor for ballistic missile defense. The program aims to conduct a space-based interceptor test in 2027 and provide a European capability to counter medium- and intermediate-range ballistic missile threats. Destinus will lead system integration, while the other companies will contribute technologies including propulsion, guidance, command-and-control, and radar systems. (Defense News)
Anduril Plans to Manufacture 7,000 Barracuda Cruise Missiles in 2027
July 13, 2026 - Anduril plans to manufacture 7,000 Barracuda-500 cruise missiles in 2027, with production beginning at its Ohio facility in late 2026. The company is already under a U.S. Department of Defense agreement to deliver at least 3,000 ground-launched Barracuda-500M missile systems over three years, with the first deliveries scheduled for 2027. The Barracuda-500M is a low-cost, ground-launched cruise missile with a range of more than 500 nautical miles that is designed for rapid, high-volume production. (Militarnyi)
Europe's Helsing Raises $1.8B, Valuing Defence Group at $18B
July 13, 2026 - Helsing raised $1.8 billion in a Series E funding round, valuing the Munich-based defense technology company at $18 billion and making it Europe’s best-funded defense tech startup. The investment comes as European governments increase defense spending following Russia’s invasion of Ukraine, with backing from major U.S. venture capital firms, Goldman Sachs, JPMorgan, and CPP Investments. (Reuters)
