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French Government Raises €630M for New Aerospace Support Fund

French Government Raises €630M for New Aerospace Support Fund

As announced on June 9 by Bruno Le Maire, Minister of the Economy, Finance and Recovery, during his presentation of the aerospace plan, an investment fund to support French SMEs and mid-caps has been established. It will be called Ace Aéro Partenaires and will be managed by Ace Management, a subsidi…
US Approves $39M AMRAAM Missile Sale to Netherlands

US Approves $39M AMRAAM Missile Sale to Netherlands

WASHINGTON — The State Department has made a determination approving a possible Foreign Military Sale to the Government of the Netherlands of sixteen (16) AIM-120C-8 Advanced Medium Range Air-to-Air Missiles (AMRAAM) and related equipment for an estimated cost of $39 million. The Defense Security …
Airbus VSR700 Prototype Performs First Autonomous Free Flight

Airbus VSR700 Prototype Performs First Autonomous Free Flight

MARIGNANE, France — The prototype of Airbus Helicopters’ VSR700 unmanned aerial system (UAS) has performed its first free flight. The VSR700 performed a ten minute flight at a drone test centre near Aix-en-Provence in the south of France.

This is a significant step in the programme following th…


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