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Space Intel Report • Peter B. de Selding

Avio reports Q1 earnings surge on space and defense propulsion growth; CEO urges Europe to fund current launch systems

Avio SpA said revenue rose 19% and EBITDA rose 30% for the three months ended March 31, driven by continued growth in both its space business and tactical defense propulsion hardware. The CEO also argued Europe should invest in today’s rocket capacity rather than delaying with long-startup cycles.

2026-05-15T07:52:56.927246-07:00

Flying Magazine

A softening aviation insurance market: implications for coverage terms amid supply-chain strain

2026-05-15T05:11:20.714169-07:00

European Spaceflight

OHB Space UK awarded €320.7M to build and test spacecraft for ESA’s EnVision Venus mission; Thales Alenia Space granted prelimin

2026-05-15T01:30:24.960347-07:00

FlightGlobal

UK F-35B fleet to field U.S.-sourced SDB-II via FMS as StormBreaker interim stand-off; MoD cites corrosion and spare-parts gaps

2026-05-15T04:12:16.071143-07:00

News Timeline

Space Intel Report

Avio reports Q1 earnings surge on space and defense propulsion growth; CEO urges Europe to fund current launch systems Avio SpA said revenue rose 19% and EBITDA rose 30% for the three months ended March 31, driven by continued growth in both its space business and tactical defense propulsion hardware. The CEO also argued Europe should invest in today’s rocket capacity rather than delaying with long-startup cycles.

2026-05-15T07:52:56.927246-07:00

Avio reports Q1 earnings surge on space and defense propulsion growth; CEO urges Europe to fund current launch systems

Flying Magazine

A softening aviation insurance market: implications for coverage terms amid supply-chain strain A new look at the aviation insurance market points to improving conditions on pricing and availability, but also highlights how ongoing supply-chain pressures are shaping risk exposure and the quality of coverage carriers can secure. Operators are being pushed toward coverage strategies that better align with current operational realities.

2026-05-15T05:11:20.714169-07:00

A softening aviation insurance market: implications for coverage terms amid supply-chain strain

FlightGlobal

UK F-35B fleet to field U.S.-sourced SDB-II via FMS as StormBreaker interim stand-off; MoD cites corrosion and spare-parts gaps The UK has approved StormBreaker for interim stand-off capability on its F-35B force, with the aircraft also planned to receive Boeing Small Diameter Bomb II (SDB-II) munitions. The MoD is using U.S. Foreign Military Sales to mitigate delays tied to integrating a European alternative (SPEAR 3), while parliamentary scrutiny highlights spare-parts shortfalls and corrosion affecting mission rates.

2026-05-15T04:12:16.071143-07:00

UK F-35B fleet to field U.S.-sourced SDB-II via FMS as StormBreaker interim stand-off; MoD cites corrosion and spare-parts gaps

European Spaceflight

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OHB Space UK awarded €320.7M to build and test spacecraft for ESA’s EnVision Venus mission; Thales Alenia Space granted prelimin OHB Space UK has secured a €320.7 million contract to assemble and test the spacecraft for ESA’s EnVision Venus explorer mission. Separately, OHB Space UK and Thales Alenia Space signed a Preliminary Authorisation to begin work estimated at about €24 million, advancing the mission toward integration and verification.

2026-05-15T01:30:24.960347-07:00

OHB Space UK awarded €320.7M to build and test spacecraft for ESA’s EnVision Venus mission; Thales Alenia Space granted prelimin

ch-aviation

airBaltic says Pratt & Whitney PW1100G issues are over for A220-300 operations Latvia’s airBaltic says it has no A220 aircraft grounded with Pratt & Whitney PW1100G engine issues in Q1 2026. The airline had previously reported reduced availability from the powerplant woes, with up to 13 A220s grounded on average across Q1 2025.

2026-05-15T01:27:03.296754-07:00

airBaltic says Pratt & Whitney PW1100G issues are over for A220-300 operations

Leeham News

Bjorn’s Corner: Blended-Wing-Body airliner structure design challenges (Part 1) Leeham News concludes a multi-part BWB airliner series, highlighting airframe-structure design as one of the hardest engineering problems for blended-wing-body concepts. The focus on structural design constraints signals what will likely drive architecture trade-offs as BWB concepts mature toward design freeze and manufacturability.

2026-05-15T00:24:37.543778-07:00

Bjorn’s Corner: Blended-Wing-Body airliner structure design challenges (Part 1)

FlightGlobal

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Copa turns in US$212.5M Q1 profit, keeps capacity growth targets despite delivery delays and surging fuel costs Copa Airlines reported a first-quarter 2026 net profit of US$212.5 million (up 20.2% year over year), with a 24.6% operating margin and 91.6% on-time performance. Management says it remains on prior capacity growth plans even as aircraft delivery delays constrain supply and jet-fuel prices rise.

2026-05-14T12:10:30.726646-07:00

Copa turns in US$212.5M Q1 profit, keeps capacity growth targets despite delivery delays and surging fuel costs

Breaking Defense

USAF says B-52 modernization is “stabilized” after cost spikes and schedule delays The Air Force is working to steady B-52 modernization momentum after recent cost growth and schedule slips, according to a service official commenting amid ongoing upgrade execution pressures. The remarks suggest the program’s near-term risk profile has improved even as budgets and timelines remain under scrutiny.

2026-05-14T11:53:51.215990-07:00

USAF says B-52 modernization is “stabilized” after cost spikes and schedule delays

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Supply Chain News

Avio reports Q1 earnings surge on space and defense propulsion growth; CEO urges Europe to fund current launch systems

A softening aviation insurance market: implications for coverage terms amid supply-chain strain

OHB Space UK awarded €320.7M to build and test spacecraft for ESA’s EnVision Venus mission; Thales Alenia Space granted prelimin

UK F-35B fleet to field U.S.-sourced SDB-II via FMS as StormBreaker interim stand-off; MoD cites corrosion and spare-parts gaps

News Timeline