Aerospace

July 14, 2008 - 1:44am

Seeing the North Carolina state flag hoisted in an exhibit at a major international air show isn’t all that surprising considering that the area is home to more than 160 aerospace companies and has attracted hundreds of million of dollars worth of major contracts in the last two years.

July 14, 2008 - 1:41am

The U.S. Commerce Department’s International Trade Administration is organizing an aerospace supplier development mission to China from October 26 to November 4. The goals of the trip are to introduce U.S. aviation components and materials companies to the aviation industry in China, including policy makers, U.S. aviation-related companies active in China, Chinese companies engaged in building their domestic aviation capabilities, and MROs.

July 13, 2008 - 8:05am

EADS is going global, but not leaving its European roots behind. That message from the company’s management team reverberated this week as it forges ahead with restructuring efforts in a difficult economic climate.

July 12, 2008 - 5:51am

ThyssenKrupp has merged Apollo Metals and Aviation Metals into its aerospace supply chain management business, thus giving it the capacity to offer global materials services ranging from “just-in-time delivery of processed metals” to “finished parts kitting,” the company said. Newly named ThyssenKrupp Aerospace employs 1,000 people at 30 service centers across the world.

July 12, 2008 - 3:47am

Jet fuel prices are soaring, capital markets are drying up, Western economies at best are stalled and defense budgets are under threat as shrinking tax bases swell national debts to unsustainable levels. But you won’t find many prophets of doom among the top aerospace executives gathered here for the 2008 Farnborough International show.

July 9, 2008 - 7:07am

The American Institute of Aeronautics and Astronautics (AIAA) has designated the FAA William J. Hughes Technical Center an AIAA Historic Aerospace Site for its pivotal role in creating the nation’s ATC system over the past 50 years.

July 8, 2008 - 11:00am

Texas FBO Abilene Aero is doing better than it ever has in its 40-year history, according to president Joe Crawford. The biggest challenge for the company is not finding work but rather finding qualified technicians to provide maintenance on customer aircraft.

July 7, 2008 - 10:13am

Northstar Aerospace (Hall 4 Stand C16b) recently won a value engineering achievement award from the U.S. Department of Defense for developing an innovative process to overhaul assembly covers for transmission housings used on the Boeing AH-64 Apache helicopter. The process is intended to save money, while also boosting mission capability.

July 7, 2008 - 5:48am

Italy’s Finmeccanica agreed to acquire U.S. defense electronics group DRS Technologies a month before the U.S. Government Accountability Office announced its decision supporting Boeing’s appeal against the award of the KC-X military tanker contract to EADS/Northrop Grumman. It is questionable whether the GAO’s decision signals a wider U.S. intent to block foreign encroachment on the U.S. defense market.

July 3, 2008 - 5:48am

European maintenance, repair and overhaul (MRO) service providers expect a downturn in air transport, and analysts say consolidation in the support market will likely result from this trend.

 
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