Despite a challenging domestic political environment, aerospace and defense ETFs have produced stellar year-to-date returns. The iShares U.S. Aerospace & Defense ETF (ITA) and the PowerShares Aerospace & Defense Portfolio (PPA) are up an average of 32.5% this year, easily trouncing the 19.4% upside offered by the S&P 500.

PPA, the smaller of the two aerospace ETFs with $74.3 million in assets under management, could be poised to take off even more. The fund has surged 8.8% in the past three months, more than double the returns offered by the S&P 500 and one technical analyst sees more upside on the way.

PPA has broken out twice over the past few months, according to Deron Wagner of Morpheus Trading Group. If an ETF is so strong that is manages to continue trending higher, even while the broad market is range-bound, that ETF typically surges much higher when the major indices eventually rally as well, said Wagner.

Since breaking out to new highs three weeks ago, $PPA has pulled back to support of its rising 10-week moving average, which has held up all year during every pullback, added Wagner. He sees solid support for PPA at its 50-day moving average, which hovers around $27.

Wagners bullish technical assessment of PPA comes just days after S&P Capital IQ offered up favorable fundamental outlook on industrial ETFs.

According to Michael Jaffe, Group Head of Industrials equity research for S&P Capital IQ, the primary reasons for his team favoring a number of Industrial stocks at this time are that European economies finally seem to be stabilizing after a lengthy downturn, and that business trends in China seem to be bouncing back following a period of sluggishness. In addition, Jaffe sees recovery of housing markets in the U.S.boosting several areas of the Industrial sector, as materials and equipment are needed for both the building of new homes and the renovation of existing homes, according to a new research note by S&P Capital IQ. [A Bullish View on Industrial ETFs]

There could be more good news for PPA and rival funds: October, not always the best month of the year for the broader market, is historically kind to industrial stocks.

PowerShares Aerospace & Defense Portfolio

PPA

ETF Trends editorial team contributed to this post.

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This Aerospace ETF Could Take-Off

Studio Guest: Heike Rauer, German Aerospace Center | Tomorrow Today
Is the earth unique? Or is there life somewhere else out there in space? For more on what the future holds in this field of research, a talk to Professor Hei...

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Originally published October 2, 2013 at 2:26 PM | Page modified October 2, 2013 at 10:01 PM

Gov. Jay Inslee said Wednesday hell propose extending the states aerospace incentives through 2040 if Boeing assembles the 777X and fabricates its composite wings in Washington.

He also said he has formed an advisory group to address an environmental issue water-quality regulation thats got Boeing worried about rising costs at its Renton plant on Lake Washington.

Inslee spoke at a gathering of aerospace industry executives in Everett, where the main item on the agenda was competition from other states for aerospace business.

These states want what we have and they are going after it aggressively in ways we cant do, said Matt Yerbic, chief executive of Everett-based aircraft-maintenance and repair company Aviation Technical Services (ATS). Its all about jobs.

The states aerospace incentives, including substantial tax breaks, were introduced 10 years ago to persuade Boeing to assemble the 787 Dreamliner here. They are to expire in 2024.

All aerospace companies in the state benefit from the incentives, though Boeing has drawn by far the biggest share.

Inslee told the states annual Aerospace Summit that the tax incentives have been tremendously successful for Washingtons citizens.

Drawing on an analysis released Wednesday, he said $1.4 billion in industry tax savings in aerospace had yielded $3 billion in direct revenues for state coffers.

If Boeing decides to build the 777X and (fabricate) the wing in Washington, I believe those incentives should be extended to the anticipated life of this airplane, through 2040, Inslee said.

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Inslee wants aerospace tax breaks extended if Boeing builds 777X here

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Business Aviation Forum gathers operators with aircraft industry, airports and ground handling, financiers, industry suppliers and government officials to di...

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A UT Arlington aerospace engineering student from Flower Mound has been awarded a prestigious NASA Harriet G. Jenkins Predoctoral Fellowship that will allow her to pursue her research into efficient jet engines in conjunction with the space agency.

Ezgihan "Izzy" Baydar and her adviser, Frank Lu, professor in the Mechanical and Aerospace Engineering Department, were awarded the three-year fellowship that provides $135,000 in funding and includes summer internships at the NASA's Glenn Research Center in Cleveland, Ohio.

Baydar said she was always interested in math and science subjects from her days at Flower Mound High School, where she graduated in 2008.

"Since childhood, I have been fascinated by everything related to space: films, documentaries and books. I've always dreamed of joining the NASA team as an astronaut or scientist," Baydar said. "Now, I have that opportunity, and I'm still a student." Lu, who also is the director of the UT Arlington Aerodynamics Research Center, described Baydar as a hard-working and dedicated student who is likely to go far based on the research she already has undertaken.

Baydar already has done research with UT Arlington Mathematics Professor Tuncay Aktosun. She's also interned one summer at Los Alamos National Laboratories.

"Izzy learns quickly. Her work in mathematics will serve her well in aerospace engineering," Lu said. "It's a nice fit, which benefits her and is great for this University." Baydar said that was her goal ever since she enrolled at UT Arlington.

"I wanted to combine something that took advantage of my love of math and science. Aerospace engineering fits those interests well and it combines math, mechanical engineering, avionics and engine design," Baydar said. "UT Arlington had an aerospace engineering bachelor's-to-PhD program that appealed to me because of the opportunity it gave me for undergraduate research."

Lu and Baydar's work at NASA will focus on making air intakes more efficient in jet engines.

"We want to make more modern designs for these air inlets," Baydar said. "We want them to be able to perform better at speeds between Mach 1 and Mach 2."

Mach 1 is about 760 miles per hour.

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Aerospace engineering student earns NASA fellowship

COLUMBIA, SC When will Boeing become a wingman on the University of South Carolinas new aerospace research center?

There are signs the Boeing-USC relationship is growing, holding out the possibility of growing the states new aerospace sector.

Representatives of the Chicago-based aerospace giant, which has a newly opened 6,000-employee plant in North Charleston, have attended events for USCs new McNair Center for Aerospace Research and Innovation. The centers new director also spent a year working for the company, and the school is talking with Boeing about sharing manufacturing processes used at its plants for research.

The hope is that Boeing will become the kind of partner to the McNair Center that BMW has become to Clemson Universitys International Center for Automotive Research in Greenville. The German automaker, which built its only U.S. plant in nearby Greer, has two endowed professors and a research operation at the Clemson center.

You wait for the right time, USC president Harris Pastides said Monday. We have outstanding relationships with (Boeing). ... Im confident that, as we develop our own mission, they will be on board with us.

Boeing said it has not committed yet to conducting research or providing financial support to any S.C. colleges.

We have ongoing dialog with a number of universities throughout South Carolina, and we continue to evaluate how future support may be targeted in conjunction with the needs of the company and the particular strengths of each program, Boeing said in a statement.

The McNair Center is just getting started with its business-driven mission.

S.C. Commerce Secretary Bobby Hitt was a speaker at Mondays investiture of the centers new director, Zafer Gurdal.

We really are just at the launch pad of a great aerospace industry, Hitt said at the event. If we have the same success in the next 20 years as weve had in the last 20 years with BMW, we will revolutionize this state in so many ways. It only can be done through increased potential through education.

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USC Aerospace center hopes to land Boeing

The Jollitown Kids Show Ep11 - Aerospace Museum

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WELLINGTON, Fla.--(BUSINESS WIRE)--

B/E Aerospace (BEAV), the worlds leading manufacturer of aircraft cabin interior products and the worlds leading provider of aerospace fasteners, consumables and logistics services, today announced that JetBlue Airways is launching new B/E Aerospace economy Pinnacle seats for JetBlues core economy seating at a media event today in New York City. B/E Aerospace will retrofit approximately 70 JetBlue Airbus A320 aircraft and will outfit approximately 30 brand new Airbus A321s that will join the JetBlue fleet over the next few years with its Pinnacle seats. In addition, there are options to retrofit up to approximately 60 additional A320 aircraft.

The B/E Aerospace Pinnacle main cabin seating platform is the industrys lightest full-featured economy class seat. The Pinnacle seat provides JetBlue customers with superior ergonomic comfort, modern design features, and best-in-class technology while lowering the airlines cost of ownership due to lighter, more reliable equipment.

Amin J. Khoury, Founder, Chairman and Chief Executive Officer of B/E Aerospace stated, We are very pleased to partner with JetBlue, which is renowned for its customer experience, and to further enhance the airlines reputation of providing its customers with the unique JetBlue Experience by outfitting their aircraft with our very comfortable Pinnacle seats. Since its launch, the Pinnacle seating platform has captured awards to equip more than 2,000 new or existing aircraft. These awards are valued in excess of $1.2 billion and are for both narrow-body and wide-body aircraft. Todays event by JetBlue continues to show the strength of one of our most successful new product launches ever.

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements involve risks and uncertainties. The Companys actual experience and results may differ materially from the experience and results anticipated in such statements. Factors that might cause such a difference include those discussed in the Companys filings with the Securities and Exchange Commission (SEC), which include its Proxy Statement, Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. For more information, see the section entitled "Forward-Looking Statements" contained in the Companys Annual Report on Form 10-K and in other filings. The forward-looking statements included in this news release are made only as of the date of this news release and, except as required by federal securities laws and rules and regulations of the SEC, the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About B/E Aerospace, Inc.

B/E Aerospace is the worlds leading manufacturer of aircraft cabin interior products and the worlds leading provider of aerospace fasteners, consumables and logistics services. B/E Aerospace designs, develops and manufactures a broad range of products for both commercial aircraft and business jets. B/E Aerospace manufactured products include aircraft cabin seating, lighting systems, oxygen systems, food and beverage preparation and storage equipment, galley systems, and modular lavatory systems. The Company also provides cabin interior reconfiguration, program management and certification services. B/E Aerospace sells and supports its products through its own global direct sales and product support organization. For more information, visit the B/E Aerospace website at http://www.beaerospace.com.

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JetBlue Launches New B/E Aerospace Seating Partnership

Published: Tuesday, October 1, 2013, 6:20 p.m.

The highlight of the first day was an unusual panel of three executives of publicly traded aerospace companies that represented every stage of the commercial jetliner market: supplier, airplane builder and airline.

The executives were Pat Shanahan, a senior vice president and general manager of airplane programs for Renton-based Boeing Commercial Airplanes; Brad Tilden, CEO of Alaska Air Group, which owns Alaska Airlines and Horizon Air; and Olivier Zarrouati, CEO and chairman of Zodiac Aerospace.

Many of Shanahan's remarks were, of course, about the billion-dollar question of where Boeing will build the 777X. More on that here.

Shanahan also spoke to the state of the industry ("It's an incredible market right now") and waxed philosophical about the implications of the complexity of building airplanes.

Like trees planted by Federal Way-based Weyerhaeuser Co., Shanahan said, "aerospace is a renewable industry," the products of which are built to last 40 or 50 years.

"Looks can be deceiving," he said. "Right now things are going great.

"But I'm thinking about the business I need to do now" to ensure airplanes are delivered and revenue is collected five and 10 years later -- the time between an airline's initial interest and a plane's delivery.

Plaisir, France-based Zodiac Aerospace supplies companies like Boeing with assemblies, components and parts, including airplane interiors, seats and evacuation systems. Zodiac employs 26,000 people worldwide -- 2,000 of them in Washington. Zarrouati agreed that managing aerospace companies requires insight.

"It's a very forward-looking industry," Zarrouati said. "A lot of us are not going to be there," years from now, "to face the decisions that we make today."

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Execs discuss the state of aerospace

Shaun #39;s Story - Ex-Atheist Aerospace Engineer comes to Christianity (by Intelligent Faith 315.com)
Interesting personal account of how one aerospace engineer decided that the Christian worldview was the more rational option, after much intellectual investi...

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AerE 461 - Modern Design Methodology with Aerospace Applications
Students are trained on how to measure thrust data. They will then use data for future calculations in their own rocket design projects.

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AerE 461 - Modern Design Methodology with Aerospace Applications - Video

Tom Enders - EADS - TransAtlantic Aerospace (2/4)
26-09-13 - Conference - European American Press Club - Paris - Part 2/4.

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Titan Aerospace unveils the world #39;s first solar-powered UAVs
Originally published on August 26, 2013 Aircraft designer Titan Aerospace unveiled last week its Solara 50 and 60 unmanned aircrafts, the world #39;s first atmos...

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AFSC Staff Film Report 297 - Aerospace Power - 1979 - CharlieDeanArchives
An omnibus of U.S. Air Force weapons systems and current research and development efforts. Presents a broad view of major programs including: A-10, COBRA DANE, MX, F-16, NAVSTAR SPACE SHUTTLE,...

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AFSC Staff Film Report 277 - Aerospace Power - 1982 - CharlieDeanArchives
Aerospace Power 1981 - An overview of US Air Force weapon systems and research and development efforts, presents a broad look at major air force programs, in...

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COLUMBIA, SC A television network executive will donate $1 million on Monday to endow scholarships for the University of South Carolinas new aerospace research program named after Challenger astronaut Ronald McNair.

Marva Smalls, a Florence native and USC graduate who is an executive vice president at Viacom and Nickelodeon, said the scholarships will go to minority students from the states Pee Dee region majoring in computer science and engineering.

Hopefully, we are creating the next generation of leaders and scientists, said Smalls, 56. This was a great chance to give back to my hometown.

Like McNair, Smalls grew up in the Pee Dee, the northeast corner of the state that is rural outside of the Florence and the Myrtle Beach area. Smalls now works in New York but has homes in Charleston and Florence, where her 89-year-old mother lives.

Smalls said she wants to give Pee Dee students a chance to get the high-tech, high-paying jobs that come with the states growing aerospace business. Boeing opened its only jet manufacturing plant outside the Seattle area in North Charleston in 2011.

Smalls said she met McNair, a Lake City native killed in the explosion of the space shuttle Challenger in 1986, while working as the chief of staff for then-U.S. Rep. Robin Tallon, a Florence Democrat.

It will be a continuation of his legacy, and I believe that students will identify with him having come from a rural area, she said. We will create a new caliber of scholars that will come from the Pee Dee area.

Smalls becomes the third woman to donate more than $1 million to the USC aerospace center.

Darla Moore, a Lake City financier who is USCs biggest benefactor, kick-started the center in 2011 with a $5 million donation. Anita Zucker, a Charleston businesswoman who is the richest person in the state, gave $5 million last year.

Women have a strong and innate sense to give back, Smalls said. I have a passion for helping kids.

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EXCLUSIVE: USC’s McNair aerospace center gets $1 million donation

WELLINGTON, Fla.--(BUSINESS WIRE)--

B/E Aerospace (BEAV), the worlds leading manufacturer of aircraft cabin interior products and the worlds leading provider of aerospace fasteners, consumables and logistics services, today announced the first delivery by Boeing to Delta Air Lines of a Boeing Next-Generation 737-900ER (Extended Range) airplane. The airplane is configured with the B/E Aerospace modular advanced lavatory system as well as B/E Aerospace seating, lighting, oxygen systems and food and beverage, preparation and storage equipment. The airplane is the first of 100 newly configured 737-900ERs that Delta has on order.

B/E Aerospace is the exclusive manufacturer of modular lavatory systems for Boeings 737 family of airplanes, as well as the 737 MAX which is expected to enter service later this decade. The lavatory incorporates B/Es patent pending Spacewall technology, which frees up floor space in the cabin, creating the opportunity to add up to six incremental passenger seats per airplane. In addition, the lavatory integrates the following B/E Aerospace systems: Aircraft Ecosystems agile advanced vacuum toilet, lavatory lighting, and Safe Lav CDS oxygen.

The Delta 737-900ER airplane also features the Boeing Sky Interior, which includes the B/E Aerospace advanced LED cabin interior lighting system. In addition, this airplane is configured with the following B/E Aerospace products: Pinnacle main cabin seating, a suite of food and beverage preparation and storage equipment, and crew and passenger oxygen systems.

Amin J. Khoury, Founder, Chairman and Chief Executive Officer of B/E Aerospace stated, We are very pleased that the newly configured Boeing 737-900ER has been delivered to Delta Air Lines. This configuration contains numerous B/E Aerospace systems and products including our lavatory system which increases cabin floor space resulting in increased passenger placements while providing an improved look, feel, and comfort as well as more useable space inside the lavatory. Additionally, through the design of the lavatory interior and antimicrobial coatings on the interior surfaces, the lavatory is cleaner and more hygienic.

We are also particularly pleased that this airplane configuration includes B/E Aerospace seating, lighting, passenger and crew oxygen, and food and beverage preparation and storage equipment as well as B/Es advanced lavatory system which incorporates B/Es toilet, lavatory oxygen, and lavatory lighting," Mr. Khoury concluded.

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements involve risks and uncertainties. The Companys actual experience and results may differ materially from the experience and results anticipated in such statements. Factors that might cause such a difference include those discussed in the Companys filings with the Securities and Exchange Commission (SEC), which include its Proxy Statement, Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. For more information, see the section entitled "Forward-Looking Statements" contained in the Companys Annual Report on Form 10-K and in other filings. The forward-looking statements included in this news release are made only as of the date of this news release and, except as required by federal securities laws and rules and regulations of the SEC, the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About B/E Aerospace, Inc.

B/E Aerospace is the worlds leading manufacturer of aircraft cabin interior products and the worlds leading provider of aerospace fasteners, consumables and logistics services. B/E Aerospace designs, develops and manufactures a broad range of products for both commercial aircraft and business jets. B/E Aerospace manufactured products include aircraft cabin seating, lighting systems, oxygen systems, food and beverage preparation and storage equipment, galley systems, and modular lavatory systems. The Company also provides cabin interior reconfiguration, program management and certification services. B/E Aerospace sells and supports its products through its own global direct sales and product support organization. For more information, visit the B/E Aerospace website at http://www.beaerospace.com.

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Boeing Delivers First of 100 Next-Generation 737s to Delta Air Lines Configured with Numerous B/E Aerospace Systems ...

TORONTO , Sept. 30, 2013 /CNW/ - Magellan Aerospace announced today the first launch of its MAC-200 Bus on the Cascade SmallSat and IOnospheric Polar Explorer (CASSIOPE) satellite from the Vandenberg Air Force Base, CA on a Falcon 9 launch vehicle.

CASSIOPE is a multi-purpose mission carrying 8 unique instruments to conduct space environment research (collectively called e-POP) and advanced telecommunications technology demonstration (termed Cascade).

Mr. James S. Butyniec , President and CEO of Magellan Aerospace said, "The successful launch of CASSIOPE yesterday is a great accomplishment that we celebrate with the Canadian Space Agency, MacDonald , Dettwiler and Associates Ltd. (MDA), and all of the Canadian industrial contributors and scientists who contribute to advancing Canada's space technology capabilities."

In 2005, Magellan won a competitive process to develop a satellite bus with a flexible architecture that could be tailored to meet mission-specific requirements for Canada's future space missions including CASSIOPE. The MAC-200 bus was designed to accommodate a range of mission requirements, instrument interfaces, and launcher environments in a cost effective manner. The MAC-200 utilizes a fully redundant cross-strapped architecture that is capable of providing high reliability for mission lifetimes of more than 7 years.

The CASSIOPE satellite bus was designed and built in Magellan Aerospace, Winnipeg . Magellan then supported both the integration and test of the e-Pop and Cascade payloads in Winnipeg and the spacecraft level testing at the David Florida Laboratory (DFL) in Ottawa, ON under contract to MDA.

In addition to the design, manufacture, and AIT of the bus for CASSIOPE, Magellan also designed and developed the in-flight computer and custom-build data handling card, flight software, mechanical and electrical ground support equipment, Command and Data Handling (C&DH) unit, elements of the e-POP payload, as well as the mechanically-designed deployable booms.

About Magellan Aerospace

Magellan Aerospace is a global, integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defense and space agencies worldwide. Magellan designs, engineers, and manufactures aeroengine and aerostructure assemblies and components for aerospace markets, advanced products for military and space markets, industrial power generation, and specialty products. Magellan is a public company whose shares trade on the Toronto Stock Exchange (MAL.TO), with operating units throughout Canada , the United States , the United Kingdom , India , and Poland .

SOURCE Magellan Aerospace Corporation

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Magellan Aerospace-built MAC-200 Bus Successfully Launched on CASSIOPE

CASABLANCA, MOROCCO--(Marketwired - Sep 30, 2013) - Bombardier Aerospace today celebrated the opening of the Midparc Casablanca Free Zone, in Nouaceur, with a symbolic groundbreaking on the site of the future Bombardier manufacturing facility in the presence of King Mohammed VI of Morocco, Canadian Ambassador to Morocco Sandra McCardell, representatives of the Moroccan government, representatives of the Moroccan aerospace industry and members of the Bombardier Aerospace leadership team.

"Bombardier is honoured to celebrate this milestone in the presence of his Majesty King Mohammed VI of Morocco, as we move another step closer to the establishment of our permanent facility here in Nouaceur" said Hugo Brouillard, General Manager, Bombardier Aerospace, Morocco. "As part of the celebration of the official opening of the the Midparc Free Zone, we are pleased to be surrounded by our partners and peers in the industry who are developing a strong aerospace presence here in Morocco, and we are dedicated to contributing to the success of what promises to be a thriving aerospace cluster in Casablanca."

In January 2013 Bombardier began operating out of a transitional facility located at the Mohammed V International Airport in Nouaceur in the Greater Casablanca region, where the company is currently producing simple structures including flight controls for the CRJ Series aircraft, and will employ over 100 workers by the end of December 2013.

Construction of Bombardier's 150 000 square foot (13 935 square metres) permanent facility began earlier in September 2013, and is scheduled to be completed around mid-2014. Bombardier Aerospace intends to invest approximately $200 million US in equipment, buildings and start-up costs. By the end of 2020, employment at the Morocco facility is expected to reach 850 skilled and trained workers.

"This event is an important recognition of Bombardier's investment in the Moroccan aerospace industry," said Souad Elmallem, Chief Country Representative Africa, Bombardier Aerospace. "Since making the decision to establish our facility in Morocco in November 2011, we have been encouraged by the growth of the aerospace cluster, and the engagement of all stakeholders in the region. We are confident that there is a bright future for Bombardier, and the whole aerospace industry in Morocco."

About Bombardier

Bombardier is the world's only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

Bombardier is headquartered in Montral, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America Indexes. In the fiscal year ended December 31, 2012, we posted revenues of $16.8 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

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Bombardier Aerospace Breaks Ground on New Moroccan Manufacturing Facility

GKN Aerospace officially opens its advanced engineering centre in Bangalore, India in a ceremony on Wednesday, September 25th 2013. The Centres highly skilled engineering team, which extends the companys one thousand-strong global engineering strength, is already contributing design engineering expertise to the companys international aero-engine activities.

Seventy highly qualified design and development engineers have transferred from Volvos* Bangalore facility to the new Centre located on the old Airport Road at the heart of Bangalores aerospace and automotive activities. Over the next eighteen months a local recruitment campaign will increase the workforce in Bangalore to over 100 individuals.

Today the Centre is supporting the companys engine systems business, one of the three major aero-engine structures providers to the global aerospace market. In the future its activity will extend to provide engineering support for projects across the GKN Aerospace enterprise, including its market-leading aerostructures and transparencies operations. David Orth, newly appointed General Manager at the Bangalore engineering centre explains: GKN Aerospace is known for the strength of its engineering expertise and through this new Centre the company is adding Indias - and specifically, Bangalores - impressive engineering skills base to that expertise. We look forward to playing our part in creating effective design and engineering solutions that will help GKN Aerospace extend the performance of future aircraft and aero-engines.

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GKN Aerospace opens new Bangalore engineering centre