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Boeing, BAE, Rolls-Royce Invest In U.K. Hypersonic Engine Company

By Cal Biesecker

Friday, April 13th, 2018

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Boeing [BA] on April 11 said its venture arm has made an investment in a small British company that is developing hypersonic propulsion technology for aircraft and rockets.The Boeing HorizonX Ventures investment in Reaction Engines is part of a $37.3 million funding round that includes Britain’s Rolls-Royce and BAE Systems. BAE in 2015 also made an investment in Reaction Engines valued at around $40 million for a 20 percent stake in the company.The HorizonX investment is also its first in a British company and second in…

Congress

Six F-35Bs Delivered Without Radars Thus Far, Program Director Says

The U.S. Marine Corps thus far has received six F-35B fighters without radars, as the service waits on Northrop Grumman‘s [NOC] delivery of the AN/APG-85 radar, which is to replace […]

Congress

Baldwin Concerned With Army’s JLTV ‘Mismanagement,’ Seeks Support For Marines’ Procurement Plans

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Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

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