For the second time in 27 years a bright transient X-ray source has been de
tected coincident with the globular cluster NGC 6440. It was found to be ac
tive in August, 1998, with the Wide Field Camera and the narrow field instr
uments on the BeppoSAX spacecraft, and with the All-Sky Monitor and the Pro
portional Counter Array on the RossiXTE spacecraft. Four X-ray bursts were
detected, at least one of which shows the characteristics of a thermonuclea
r flash on a neutron star, in analogy with some similar to 20 optically ide
ntified low-mass X-ray binaries. The broad-band spectrum is hard as is comm
on among low-mass X-ray binaries of lower luminosity (less than or similar
to 10(37) erg s(-1)) and can be explained by a Comptonized model. During th
e burst the > 30 keV emission brightened, consistent with part of the burst
emission being Compton up scattered within similar to 10(11) cm.