UAE's aerospace dream blooms in the desert

By Tim Hepher AL AIN, United Arab Emirates (Reuters) – Ross Bradley welcomes a delegation of aerospace suppliers in from the blistering heat of the Arabian desert and cools them down with some refreshingly candid advice. “You are too expensive. Continue reading

XCOR Aerospace Announces Lynx Suborbital Flight Winner

MOJAVE, Calif., May 16, 2012 /PRNewswire/ — XCOR Aerospace today announced the grand prize winner of a trip aboard the Lynx Mark I suborbital launch vehicle. XCOR Chief Operating Officer Andrew Nelson made the announcement at the Spacecraft Technology Expo (STE) in Los Angeles, CA. Continue reading

Global Aerospace and Defence Industry

NEW YORK, May 16, 2012 /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue: Global Aerospace and Defence Industry http://www.reportlinker.com/p0459131/Global-Aerospace-and-Defence-Industry.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Aerospace This report analyzes the worldwide markets for Aerospace and Defense Industry in US$ Million by the following Major Industrial Sectors: Aircraft Products & Services (Airframe, Aircraft Engine, Aircraft Components, Commercial Avionics, Military Avionics, In-flight Entertainment, & MRO), Missiles (Air-to-Air, Air-to-Surface, Air Defense, Surface-to-Surface, Antiship, Antitank, Bombs (Guided), Intelligent Munitions, & Others), Modeling, Simulation and Training (CBT & E-Learning, Military Training & Simulation, Commercial & Military Visual Simulation, & Commercial & Military Flight Simulation), C4ISR & Related (Unmanned Aerial Vehicle, Electronic Warfare, Mine Countermeasures, Naval Radar and Sonar, Chemical & Biological Agent Detectors, Infrared Imaging Systems and Components, Military Ground Communications, Land-Based Surveillance Radar, & Others), Space Equipment (Launch Vehicles, Communications Satellites, & Earth Observation Satellites), and GPS (Geotechnologies) (Commercial Satellite Imaging, Commercial Aerial Imaging, GIS Software, Commercial SAR Data, and Commercial SAR Software). Annual estimates and forecasts are provided for the period 2009 through 2017. Also, a six-year historic analysis is provided for these markets Continue reading

Northstar Aerospace announces extension of forbearance agreement

Listed:TSX Symbol:NAS CHICAGO , May 14, 2012 /CNW/ – Northstar Aerospace, Inc. (NAS.TO) (the “Corporation”) announced today that the forbearance agreement entered into with the syndicate of lenders under the Corporation’s existing credit facility has been extended. Under the forbearance agreement, as extended, the lenders have agreed to forbear from the exercise of their rights under the credit facility through June 4 , 2012 Continue reading

Platte River Ventures Announces Sale of PRV Aerospace, LLC

DENVER, May 14, 2012 /PRNewswire/ –Platte River Ventures (“Platte River”), a Denver, CO based private equity firm, announced the sale of its portfolio company, PRV Aerospace, LLC (“PRV Aerospace”), to an affiliate of Court Square Capital Partners (“Court Square”), a private equity firm headquartered in New York, NY. Headquartered in Everett, WA, PRV Aerospace is an aerospace and defense group that supplies components, subassemblies and assemblies to the world’s leading manufacturers of aircraft, aero-equipment and other defense platforms Continue reading

Ascent Solar Named Bye Aerospace Development Partner

THORNTON, Colo.–(BUSINESS WIRE)– Ascent Solar Technologies, Inc. (NASDAQ:ASTI – News), a developer of flexible CIGS solar panels, has been named a development partner for Bye Aerospace Inc.s innovative aircraft programs for the aerospace and defense markets. Continue reading

Nextant Aerospace Hits Delivery Milestone for 400XT Aircraft

CLEVELAND & GENEVA–(BUSINESS WIRE)– Nextant Aerospace today announced that it has delivered its 10th production unit of the 400XT, the worlds only FAA-certified remanufactured business jet. The N registered aircraft was delivered to a private client that will operate the plane in a traditional corporate flight department environment. Nextant reached this production milestone just seven months after gaining FAA certification, and is on schedule to deliver 32 aircraft by the end of 2012. Continue reading

PPG Aerospace Coatings Systems Pass Aerospace Material Specification Testing

Sylmar, CA – Testing by an independent certified laboratory has confirmed nine coatings systems by PPG Industries aerospace business, including chromate-free basecoat/clearcoat systems, meet requirements of SAE Internationals Aerospace Material Specification 3095A for airline exterior paint. The results are under SAE review to add the PPG Aerospace systems to the Qualified Products Listing. According to Scott Cavin, PPG Aerospace global coatings marketing manager for airlines and aftermarket, the AMS 3095A standard is an important consideration for airlines when choosing exterior coating systems Continue reading

Putin’s Aerospace Rebirth Ambition Hangs on SuperJet Crash Probe

By Anna Shiryaevskaya and Andrea Rothman – Fri May 11 20:01:00 GMT 2012 Alexey Druzhinin/AFP/GettyImages Russian President Vladimir Putin. Russian President Vladimir Putin. Photographer: Alexey Druzhinin/AFP/GettyImages President Vladimir Putins ambition to revive Russias aerospace industry will hang on one question dominating the Sukhoi Superjet crash probe in Indonesia this week: pilot or plane Continue reading

B/E Aerospace to Present at RBC Capital Markets’ Aerospace and Defense Investor Day in New York on Thursday, May 17 …

WELLINGTON, Fla.–(BUSINESS WIRE)– B/E Aerospace (Nasdaq: BEAV – News) will make a presentation to institutional investors at the RBC Capital Markets Aerospace and Defense Investor Day in New York City on Thursday, May 17, 2012. The presentation will begin at 8:40 a.m. Eastern time on Thursday, May 17, 2012. Continue reading

Magellan Aerospace Announces Contract Award with Boeing

MISSISSAUGA, ON, May 11, 2012 /PRNewswire/ – Magellan Aerospace Corporation announced today that it has been awarded a contract with The Boeing Company for the continuation of the production of complex, hard metal structural assemblies for the Next-Generation 737, 747-8, 767, 777, and the production of such assemblies for the new 787 Dreamliner airplanes. These integrated assemblies will be manufactured and delivered from Magellan’s New York, NY and Kitchener, Ontario operating facilities beginning in 2013. Continue reading