Monday, September 10, 2018

Cessna T310R, registered to DBT Transportation Services LLC, N376J: Accident occurred September 06, 2018 near Laramie Regional Airport (KLAR), Albany County, Wyoming

The National Transportation Safety Board did not travel to the scene of this accident.

Additional Participating Entity: 
Federal Aviation Administration / Flight Standards District Office; Casper, Wyoming

Aviation Accident Preliminary Report - National Transportation Safety Board: https://app.ntsb.gov/pdf

https://registry.faa.gov/N376J

Location: Laramie, WY
Accident Number: CEN18LA373
Date & Time: 09/06/2018, 0725 MDT
Registration: N376J
Aircraft: Cessna T310
Injuries: 1 None
Flight Conducted Under: Part 91: General Aviation - Business 

On September 6, 2018, about 0725 mountain daylight time, a Cessna T310R, N376JA, experienced a partial loss of engine power in both engines shortly after takeoff from Laramie Regional Airport (LAR), Laramie, Wyoming. The pilot climbed to 8,500 feet mean sea level and leveled off for cruise flight when he reported feeling a vibration and fluttering in the airplane. He advanced throttles to return to LAR but the engines did not respond. The pilot was unable to make it back to LAR; he executed a forced landing onto prairieland and the airplane sustained substantial damage. The commercial-rated pilot was not injured. The airplane was registered to DBT Transportation Services LLC and operated under the provisions of Title 14 Code of Federal Regulations Part 91 as a business flight. Visual meteorological conditions prevailed for the flight, and no flight plan was filed.

Aircraft and Owner/Operator Information

Aircraft Make: Cessna
Registration: N376J
Model/Series: T310 R
Aircraft Category: Airplane
Amateur Built: No
Operator: On file
Operating Certificate(s) Held: None

Meteorological Information and Flight Plan

Conditions at Accident Site:  
Condition of Light:
Observation Facility, Elevation:
Observation Time:
Distance from Accident Site:
Temperature/Dew Point:
Lowest Cloud Condition:
Wind Speed/Gusts, Direction:
Lowest Ceiling:
Visibility: 
Altimeter Setting:
Type of Flight Plan Filed:
Departure Point:
Destination:

Wreckage and Impact Information

Crew Injuries: 1 None
Aircraft Damage: Substantial
Passenger Injuries: N/A
Aircraft Fire: On-Ground
Ground Injuries: N/A
Aircraft Explosion: None
Total Injuries: 1 None
Latitude, Longitude:


A Laramie resident is safe and uninjured after crash landing his plane near Herrick Lane last week.

The Albany County Sheriff's Office received a call around 7:30 a.m. on Thursday, September 6 from the Laramie Regional Airport. The airport had received a call from a pilot that had recently departed. He felt a shuddering in his plane and realized that his engines were losing power.

Upon his realization, the pilot attempted to turn the plane around for a landing at the Laramie airport. He was unable to make it back, instead making a crash landing in a private field south of the interstate. The pilot, who is a Laramie resident, was the only person in the plane.

The Federal Aviation Administration has been contacted about the accident, but will not pursue an investigation.

Original article can be found here ➤ http://kowb1290.com

Hawker Beechcraft 400XP, N599TM: Incident occurred September 06, 2018 at Teterboro Airport (KTEB), Bergen County, New Jersey

Federal Aviation Administration / Flight Standards District Office; Teterboro, New Jersey

Damage to ramp, left wing damage due to unknown circumstances.

Aircraft Holding Company One LLC

https://registry.faa.gov/N599TM

Date: 06-SEP-18
Time: 11:40:00Z
Regis#: N599TM
Aircraft Make: RAYTHEON
Aircraft Model: 400A
Event Type: INCIDENT
Highest Injury: UNKNOWN
Aircraft Missing: No
Damage: MINOR
Activity: ON DEMAND
Flight Phase: UNKNOWN (UNK)
Operation: 135
City: TETERBORO
State: NEW JERSEY

Avid Magnum, N2137G: Accident occurred September 06, 2018 in Carrabassett Valley, Franklin County, Maine

Federal Aviation Administration / Flight Standards District Office; Portland, Maine

https://registry.faa.gov/N2137G

NTSB Identification: GAA18CA538
14 CFR Part 91: General Aviation
Accident occurred Thursday, September 06, 2018 in Carrabasset Valley, ME
Aircraft: Avid AVID MAGNUM, registration: N2137G


NTSB investigators will use data provided by various entities, including, but not limited to, the Federal Aviation Administration and/or the operator, and will not travel in support of this investigation to prepare this aircraft accident report.

Crashed into mountain.

Date: 06-SEP-18
Time: 15:30:00Z
Regis#: N2137G
Aircraft Make: EXPERIMENTAL
Aircraft Model: AVID MAGNUM
Event Type: ACCIDENT
Highest Injury: NONE
Aircraft Missing: No
Damage: DESTROYED
Activity: PERSONAL
Flight Phase: EN ROUTE (ENR)
Operation: 91
City: CARRABASSETT
State: MAINE



Two Vermont residents escaped serious injury today, after their small plane crashed into the side of Bigelow Mountain Range in Wyman Township Thursday morning.

According to Stephen McCausland, the spokesperson for the Maine Department of Public Safety, the crash occurred at roughly 10:30 a.m. Thursday morning. Inside the plane was pilot and owner, Frank Gibney of Colchester, Vt., as well as a single passenger, Diane Muhr, also of Colchester, Vt. Both individuals were described as being in their mid-60s. Their planned destination was the International Seaplane Fly-In, an annual event held in Greenville that brings "thousands of participants and spectators to the Moosehead Region," according to the event's website.

The float plane piloted by Gibney was flying alongside a second plane piloted by an acquaintance Thursday morning when weather caused a loss of visibility. Gibney's plane crashed into trees on the Bigelow Mountain range.

The friend contacted the Maine Warden Service office in Greenville, and a team of Wardens, Forest Rangers and Maine State Police troopers responded to the crash site, located in in Wyman Township, part of the Unorganized Territory north of Carrabassett. First responders from Eustis, Carrabassett Valley and Kingfield also responded to the area. A Maine Forest Service helicopter helped transport first responders closer to the crash site.

Both Gibney and Muhr escaped injury in the crash. They proceeded to hike about half a mile up the mountain and then walked out of the woods along the Appalachian Trail.

McCausland said that the crash will be investigated by the Federal Aviation Administration, which will send an investigator to the site.

Original article can be found here ➤ http://www.dailybulldog.com

A couple from Vermont escaped injury Thursday when their small plane crashed into the side of the Bigelow Mountain Range in bad weather, authorities said.

The floatplane was headed to the Greenville International Seaplane Fly-In when it crashed in Wyman Township, a section of unorganized territory just north of Carrabassett Valley, according to a news release from Maine Department of Public Safety Spokesman Steve McCausland.

Frank Gibney, of Colchester, Vermont, is the owner of the plane and was piloting it around 10:30 a.m. Thursday when the crash occurred.

Gibney told troopers he was flying alongside another plane, piloted by a friend, when he lost visibility because of the weather and crashed into trees.

Gibney and his passenger, Diane Muhr, also of Colchester, were uninjured. The pair are in their mid-60s and hiked up the mountain about half a mile to the Appalachian Trail, McCausland said.

Meanwhile, the friend notified the Maine Warden Service in Greenville and a team of game wardens, forest rangers and state troopers responded to the scene.

First responders from Carrabassett Valley, Eustis and Kingfield also responded and a Maine Forest Service helicopter helped transport responders to the mountain.

The crash will be investigated by the Federal Aviation Administration, which will send an investigator to the scene.

Original article can be found here ➤ https://www.pressherald.com

Aeropro A-240, N6177: Incident occurred September 06, 2018 in Titusville, Brevard County, Florida

Federal Aviation Administration / Flight Standards District Office; Orlando, Florida

Nose wheel separated from aircraft on landing.

Crenshaw Quality Consulting Inc

https://registry.faa.gov/N6177

Date: 06-SEP-18
Time: 16:35:00Z
Regis#: N6177
Aircraft Make: AEROPRO
Aircraft Model: A240
Event Type: INCIDENT
Highest Injury: NONE
Aircraft Missing: No
Damage: MINOR
Activity: PERSONAL
Flight Phase: LANDING (LDG)
Operation: 91
City: TITUSVILLE
State: FLORIDA

CubCrafters CC18-180, N413CC: Accident occurred September 05, 2018 in Northway, Alaska

Federal Aviation Administration / Flight Standards District Office; Anchorage, Alaska

United States Department of the Interior

https://registry.faa.gov/N413CC

NTSB Identification: GAA18CA541
14 CFR Part 91: General Aviation
Accident occurred Wednesday, September 05, 2018 in Northway, AK
Aircraft: CUB CRAFTERS INC CC18, registration: N413CC

NTSB investigators will use data provided by various entities, including, but not limited to, the Federal Aviation Administration and/or the operator, and will not travel in support of this investigation to prepare this aircraft accident report.

Struck a bird and made emergency landing, landed without incident.

Date: 06-SEP-18
Time: 00:30:00Z
Regis#: N413CC
Aircraft Make: CUB CRAFTERS
Aircraft Model: CC18 180
Event Type: ACCIDENT
Highest Injury: NONE
Aircraft Missing: No
Damage: SUBSTANTIAL
Activity: PUBLIC USE
Flight Phase: MANEUVERING (MNV)
Operation: 91
Aircraft Operator: US DEPARTMENT OF THE INTERIOR
City: TOK
State: ALASKA

Bearhawk, N152GH: Accident occurred September 09, 2018 in Williams, Colusa County, California

Federal Aviation Administration / Flight Standards District Office; Sacramento, California

Ground looped.

https://registry.faa.gov/N152GH

Date: 09-SEP-18
Time: 18:25:00Z
Regis#: N152GH
Aircraft Make: EXPERIMENTAL
Aircraft Model: BEARHAWK
Event Type: ACCIDENT
Highest Injury: NONE
Aircraft Missing: No
Damage: SUBSTANTIAL
Activity: UNKNOWN
Flight Phase: LANDING (LDG)
Operation: 91
City: WILLIAMS
State: CALIFORNIA

Piper J3C-65, N70192: Accident occurred September 08, 2018 in Jackson, Amador County, California

Federal Aviation Administration / Flight Standards District Office; Sacramento, California

Crashed due to unknown circumstances.

https://registry.faa.gov/N70192

Date: 08-SEP-18
Time: 17:58:00Z
Regis#: N70192
Aircraft Make: PIPER
Aircraft Model: J3C 65
Event Type: ACCIDENT
Highest Injury: NONE
Aircraft Missing: No
Damage: SUBSTANTIAL
Activity: UNKNOWN
Flight Phase: TAKEOFF (TOF)
Operation: 91
City: JACKSON
State: CALIFORNIA

Cessna 152, N6469P: Accident occurred September 08, 2018 in St. Augustine, St. Johns County, Florida

Federal Aviation Administration / Flight Standards District Office; Orlando, Florida

Crashed in a field and flipped over.

Sunrise Aviation Inc

https://registry.faa.gov/N6469P

Date: 08-SEP-18
Time: 14:52:00Z
Regis#: N6469P
Aircraft Make: CESSNA
Aircraft Model: 152
Event Type: INCIDENT
Highest Injury: MINOR
Aircraft Missing: No
Damage: UNKNOWN
Activity: UNKNOWN
Flight Phase: EMERGENCY DESCENT (EMG)
Operation: 91
City: ST AUGUSTINE
State: FLORIDA

American Champion 8KCAB, N515SE: Incident occurred September 09, 2018 at Blairsville Airport (KDZJ), Union County, Georgia

Federal Aviation Administration / Flight Standards District Office; Atlanta, Georgia

During manual prop rotation aircraft struck parked/empty N4110Q.

Horizon Leasing LLC

https://registry.faa.gov/N515SE

Date: 09-SEP-18
Time: 16:08:00Z
Regis#: N515SE
Aircraft Make: AMERICAN CHAMPION AIRCRAFT
Aircraft Model: 8KCAB
Event Type: INCIDENT
Highest Injury: NONE
Aircraft Missing: No
Damage: UNKNOWN
Activity: UNKNOWN
Flight Phase: STANDING (STD)
Operation: 91
City: BLAIRSVILLE
State: GEORGIA

Van's RV-4, N104RV: Incident occurred September 09, 2018 at Aurora State Airport (KUAO), Marion County, Oregon

Federal Aviation Administration / Flight Standards District Office; Portland, Oregon

Aircraft tipped onto its nose on the ramp.

https://registry.faa.gov/N104RV

Date: 09-SEP-18
Time: 17:19:00Z
Regis#: N104RV
Aircraft Make: EXPERIMENTAL
Aircraft Model: RV 4
Event Type: INCIDENT
Highest Injury: NONE
Aircraft Missing: No
Damage: MINOR
Activity: PERSONAL
Flight Phase: TAXI (TXI)
Operation: 91
City: AURORA
State: OREGON

Piper PA-32-300, N33354: Accident occurred September 08, 2018 at Northwest Regional Airport (52F), Roanoke, Denton County, Texas





Federal Aviation Administration / Flight Standards District Office; North Texas

Crashed on takeoff.

Six4aSix Inc

https://registry.faa.gov/N33354

Date: 08-SEP-18
Time: 01:26:00Z
Regis#: N33354
Aircraft Make: PIPER
Aircraft Model: PA 32 300
Event Type: ACCIDENT
Highest Injury: MINOR
Aircraft Missing: No
Damage: DESTROYED
Activity: UNKNOWN
Flight Phase: TAKEOFF (TOF)
Operation: 91
City: ROANOKE
State: TEXAS

Cessna 182K Skylane, N3047Q: Incident occurred September 08, 2018 in Houston, Texas

Federal Aviation Administration / Flight Standards District Office; Houston, Texas

Landed hard and gear collapsed.

https://registry.faa.gov/N3047Q

Date: 08-SEP-18
Time: 17:05:00Z
Regis#: N3047Q
Aircraft Make: CESSNA
Aircraft Model: 182K
Event Type: INCIDENT
Highest Injury: NONE
Aircraft Missing: No
Damage: UNKNOWN
Activity: UNKNOWN
Flight Phase: LANDING (LDG)
Operation: 91
City: HOUSTON
State: TEXAS

CHR Safari, N699WC: Incident occurred September 08, 2018 at Franklin County State Airport (KFSO), Highgate, Vermont

Federal Aviation Administration / Flight Standards District Office; Portland, Maine.

Experimental rotorcraft flipped and hit the ground.

https://registry.faa.gov/N699WC

Date: 08-SEP-18
Time: 19:30:00Z
Regis#: N699WC
Aircraft Make: EXPERIMENTAL
Aircraft Model: SAFARI
Event Type: INCIDENT
Highest Injury: MINOR
Aircraft Missing: No
Damage: UNKNOWN
Activity: UNKNOWN
Flight Phase: LANDING (LDG)
Operation: 91
City: HIGHGATE
State: VERMONT




HIGHGATE — A gust of wind crashed a small helicopter at the Franklin County State Airport Saturday afternoon.

Chandler Ede, 60, piloted the helicopter, and was its lone occupant. The crash caused only slight injuries for Ede, according to Vermont State Police (VSP) Lt. Jason Letourneau, and the helicopter had no other occupant.

The helicopter was only approximately 15 feet off the ground when the wind gust caused Ede to lose control and the helicopter to crash to the ground, according to Letourneau’s press release. Letourneau wrote that the helicopter was hovering above a field at the time, not far from the airport runway.

Emergency personnel transported Ede to the Northwestern Medical Center immediately after the crash, which occurred around 1:21 p.m.

Letourneau wrote that VSP reported the incident to the Federal Aviation Administration (FAA), and that the FAA planned to conduct its own investigation of the crash today.

Multiple VSP troopers responded to the scene, as well as local fire and rescue teams.

Original article can be found here ➤ https://www.samessenger.com



HIGHGATE, Vt. A pilot loses control and crashes his helicopter.

It happened near the Franklin County Airport in Highgate Saturday afternoon. 

Police say the pilot Chandler Ede was hovering about 15 feet off the ground when a gust of wind caused him to lose control.

The single-seater helicopter crashed into a field not far from the runway. The 60-year-old from Highgate was brought to the hospital for minor injuries.

The Federal Aviation Administration plans to investigate the crash on Monday.


Story and video ➤ https://www.wcax.com

Piper PA-28-140, N7595R: Accident occurred September 07, 2018 in De Pere, Brown County, Wisconsin

Federal Aviation Administration / Flight Standards District Office; Milwaukee, Wisconsin

https://registry.faa.gov/N7595R

NTSB Identification: GAA18CA546
14 CFR Part 91: General Aviation
Accident occurred Friday, September 07, 2018 in De Pere, WI
Aircraft: Piper PA28, registration: N7595R

NTSB investigators will use data provided by various entities, including, but not limited to, the Federal Aviation Administration and/or the operator, and will not travel in support of this investigation to prepare this aircraft accident report.


Struck a pothole on takeoff, nose gear separated.

Date: 07-SEP-18
Time: 15:53:00Z
Regis#: N7595R
Aircraft Make: PIPER
Aircraft Model: PA 28 140
Event Type: INCIDENT
Highest Injury: NONE
Aircraft Missing: No
Damage: UNKNOWN
Activity: PERSONAL
Flight Phase: TAKEOFF (TOF)
Operation: 91
City: DE PERE
State: WISCONSIN

Cirrus SR22T, N131TX: Accident occurred September 07, 2018 near Kennett Memorial Airport (KTKX), Dunklin County, Missouri

The National Transportation Safety Board did not travel to the scene of this accident.

Additional Participating Entities:
Federal Aviation Administration / Flight Standards District Office; St. Louis, Missouri
Cirrus Aircraft; Duluth, Minnesota
Continental Motors; Mobile, Alabama

Aviation Accident Preliminary Report - National Transportation Safety Board:https://app.ntsb.gov/pdf

https://registry.faa.gov/N131TX

Location: Kennett, MO
Accident Number: WPR18LA256
Date & Time: 09/07/2018, 1511 CDT
Registration: N131TX
Aircraft: Cirrus SR22
Injuries: 2 Minor
Flight Conducted Under: Part 91: General Aviation - Personal 

On September 7, 2018, about 1511 central daylight time, a Cirrus SR-22T airplane, N131TX, experienced a complete loss of engine power shortly after takeoff from Kennett Memorial Airport (TKX), Kennett, Missouri. The private pilot/owner and his passenger sustained minor injuries. The airplane was substantially damaged when it descended under the airframe parachute into an agricultural field. The airplane was being operated as a 14 Code of Federal Regulations Part 91 personal flight. Visual meteorological conditions existed at TKX about the time of the accident. The flight had originated earlier in the day, and TKX was a planned fuel and lunch stop on the way to his final destination.

According to the pilot, he and the airplane were based in Austin, Texas, and the final destination for this trip was Ann Arbor Municipal Airport (ARB), Ann Arbor, Michigan. The flight from Austin to TKX was essentially uneventful, and was conducted on an instrument flight rules (IFR) flight plan. After landing at TKX, the pilot tended to the airplane, including a fuel top-off, while his passenger/wife traveled off-airport to obtain lunch for the two. The pilot also filed his IFR flight plan to ARB via a portable electronic device, with plans to obtain his clearance once airborne.

The pilot and passenger re-boarded the airplane. Engine start, taxi-out to runway 18, and engine run-up were all normal. The pilot announced his departure plans (to the north) on the airport's common traffic advisory frequency (CTAF), and initiated the takeoff roll. During the takeoff roll, the pilot realized that the noise-reduction function on his active noise reduction (ANR) headset was not operating. The headset incorporates a switching and volume control module in-line on its cord; engagement of the ANR function is controlled by a two-position button on the module. The pilot pulled on his headset cord to access and engage the ANR button, but the module was wedged between the forward inboard end of his seat and the center console, and he could neither access nor free it. A short time later, when the airplane was about 200 feet above ground level (agl) and established in its climb, the pilot engaged the autopilot. He then bent over and focused on attempting to free the module. Within 5 to 10 seconds, and without freeing the module, the pilot sensed a significant or total loss of engine noise and power. He sat upright, verified that the engine power and mixture levers were in their full-forward positions, and then began scanning the instrument panel. About the same time the aural "sink rate" warning began annunciating. The pilot was unable to discern the cause of the engine power loss, and asked his passenger (who was not a pilot but was familiar with the airplane) what their altitude was, and she promptly responded "640" feet.

The airplane was equipped with the Cirrus airplane parachute system (CAPS). The pilot recognized that the airplane altitude above the ground was below the minimum CAPS deployment altitude, but he decided that CAPS deployment appeared to be the best option. He advised his passenger that he was going to activate the CAPS, and then did so. The extraction rocket fired, the parachute opened, and the airplane struck the ground on its first tail-first swing just after the parachute opened. The airplane impacted in a significant tail-down attitude while swinging aft, but came to rest upright in the field. The pilot shut down the electrical systems, and then the passenger and pilot exited via the passenger's door, because the pilot was unable to open his door. They summoned assistance via a 911 call, and were both diagnosed with minor injuries.

The airplane remained essentially intact, but the engine and cowling were almost fully fracture-separated from the fuselage. Federal Aviation Administration (FAA) personnel responded to the scene the following day, and recovered several avionics SD cards for possible data download. The airplane was recovered to a secure facility for possible additional examination.

According to FAA records, the airplane was manufactured in 2011, and was equipped with a Continental Motors TSIO-550 series engine. The pilot had purchased the airplane new, and used an aircraft management company for maintenance and record-keeping. The pilot reported that the airplane had a total time in service of about 2,310 hours. The pilot held a private pilot certificate with airplane single-engine land and instrument-airplane ratings. He reported that he had a total flight time experience of about 1,351 hours, including about 1,180 hours in the accident airplane make and model.

TKX was situated at an elevation of 262 ft above mean sea level, and was equipped with two paved runways, designated 02/20 and 18/36. Runway 18/36 was asphalt, and measured 75 ft by 3,012 ft. ORL was not equipped with an air traffic control tower, and the CTAF communications were not recorded.

The 1515 TKX automated weather observation included winds from 150° at 7 knots, with gusts to 12 knots, visibility 8 miles, clear skies, temperature 30° C, dew point 24° C, and an altimeter setting of 29.94 inches of mercury.

Aircraft and Owner/Operator Information

Aircraft Make: Cirrus
Registration: N131TX
Model/Series: SR22 T
Aircraft Category: Airplane
Amateur Built: No
Operator: On file
Operating Certificate(s) Held: None

Meteorological Information and Flight Plan

Conditions at Accident Site: Visual Conditions
Condition of Light: Day
Observation Facility, Elevation: TKX, 262 ft msl
Observation Time: 1515 CDT
Distance from Accident Site: 2 Nautical Miles
Temperature/Dew Point: 30°C / 24°C
Lowest Cloud Condition: Clear
Wind Speed/Gusts, Direction: 7 knots / 12 knots, 150°
Lowest Ceiling: None
Visibility:  8 Miles
Altimeter Setting: 29.94 inches Hg
Type of Flight Plan Filed: IFR
Departure Point: Kennett, MO (TKX)
Destination: Ann Arbor, MI (ARB) 

Wreckage and Impact Information

Crew Injuries: 1 Minor
Aircraft Damage: Substantial
Passenger Injuries: 1 Minor
Aircraft Fire: None
Ground Injuries: N/A
Aircraft Explosion: None
Total Injuries: 2 Minor
Latitude, Longitude:  36.225833, -90.036667 (est)

Cirrus SR22, N669HT: Accident occurred September 08, 2018 at Mason City Municipal Airport (KMCW), Cerro Gordo County, Iowa

Federal Aviation Administration / Flight Standards District Office; Des Moines, Iowa

Minniowa Distributing Inc

https://registry.faa.gov/N669HT

NTSB Identification: GAA18CA545
14 CFR Part 91: General Aviation
Accident occurred Saturday, September 08, 2018 in Mason City, IA
Aircraft: Cirrus SR22, registration: N669HT

NTSB investigators will use data provided by various entities, including, but not limited to, the Federal Aviation Administration and/or the operator, and will not travel in support of this investigation to prepare this aircraft accident report.


During hand prop of engine, aircraft struck hangar.

Date: 08-SEP-18
Time: 18:30:00Z
Regis#: N669HT
Aircraft Make: CIRRUS
Aircraft Model: SR22
Event Type: INCIDENT
Highest Injury: UNKNOWN
Aircraft Missing: No
Damage: UNKNOWN
Activity: UNKNOWN
Flight Phase: STANDING (STD)
Operation: 91
City: MASON CITY
State: IOWA

iShares U.S. Aerospace & Defense has surged over the past year, but trade-war fears are tempering optimism

The Wall Street Journal
By Gerrard Cowan
September 9, 2018 10:02 p.m. ET

The largest aerospace-and-defense exchange-traded fund has surged over the past year, though analysts say global trade disputes are tempering optimism for the sector.

The $5.73 billion iShares U.S. Aerospace & Defense ETF (ITA) follows a market-cap-weighted index of U.S. aerospace and defense companies, including giants Boeing Co. , Lockheed Martin Corp. and United Technologies Corp. It has returned more than 10% year-to-date through August, and almost 23% over the past 12 months.

The earnings of many companies in the index have been strong recently, driven by robust global demand in both the civil aerospace and military domains, says Dhruv Nagrath, U.S. iShares investment strategist.

In the U.S., the Trump administration has made military spending a priority, which investors have viewed as a tailwind for the sector, says Mr. Nagrath.

However, Mr. Nagrath points to fears about what growing trade conflicts might mean for the civil aerospace industry, with companies like Boeing increasingly reliant on the international market. Boeing, for example, has estimated that Asia-Pacific will soak up 40% of airplane deliveries from 2018 to 2037.

Global spending on both aerospace and defense is continuing to rise, which could underpin ITA in the coming years, says Neena Mishra, director of ETF research at Zacks Investment Research. However, “there are concerns that a widening fiscal deficit could impact military spending [in the U.S.] in the early 2020s,” she says, while trade disputes or oil-price increases could affect the commercial side.

Original article can be found here ➤ https://www.wsj.com