ADS, the trade organization for the UK aerospace, defense and security industries, has reported that new defense orders slumped by 29 percent in 2010 due to the stringent defense cuts by Britain’s new coalition government. Despite this, 2010 proved to be a fairly good year for aerospace sales, which were up by 2.1 percent to £23.1 billion ($37.8 billion).
Bombardier CSeries
Four years after unveiling its next-generation Pro Line Fusion integrated avionics suite, Rockwell Collins (Hall 4 A18) has surpassed major certification milestones. Now the company is leveraging the system up and down the civil aircraft market and across to the military market as well.
A undisclosed “major network carrier” has placed a firm order for 10 Bombardier CSeries CS100s and has agreed to become the aircraft’s first operator, the Canadian manufacturer announced here yesterday.
Bombardier’s largest regional airliner–the CRJ1000 NextGen (until the CSeries enters service in 2013)–has made a nearly flawless since entry into service last December. With 13 CRJ1000s flying for Brit Air and Air Nostrum, the fleet has achieved a 99.4-percent dispatch reliability rate and 99.9 schedule completion rate.
In a large building in Belfast very near where thousands of laborers hammered thick steel plates to massive ribs and fittings using thumb-size rivets to build the ill-fated Titanic ocean liner, Bombardier Aerospace is carving out its own advanced technology niche, building wings for new aircraft models almost entirely from composite materials.
Hampson Industries is enjoying a string of new contracts and ongoing programs that will help the U.S. company continue growing as a supplier of tooling used to manufacture structural aircraft components and as manufacturer of the components themselves.
It’s less than two years since Alain Bellemare became president of Hamilton Sundstrand at the end of 2009 at the height of the aerospace industry’s most recent downturn. So this is his first Paris Air Show at the helm of the U.S.-based group and he’s in a hurry to make his mark with a plan to grow its annual revenues from around $6 billion now to $10 billion by 2015.
When GKN Aerospace CEO Marcus Bryson gets bullish about market conditions it is probably worth paying attention. He was quick to identify the full extent of the downturn triggered by the global financial crisis and has generally erred more toward the “glass-half-empty” view than seeing the glass as being half full.