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Category Archives: Aerospace

Cityjet British Aerospace Avro RJ85 Take Off From London City Airport EGLC [1080p HD] – Video

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Cityjet British Aerospace Avro RJ85 Take Off From London City Airport EGLC [1080p HD]
A Cityjet Avro RJ85 Taking Off from London City Airport (LCY/EGLC) MORE INFO: Airline: Cityjet Aircraft: British Aerospace Avro RJ85 Reg: EI-RJG Date: 3rd Ap...

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Cityjet British Aerospace Avro RJ85 Take Off From London City Airport EGLC [1080p HD] - Video

Century Fasteners Corp. is now an Authorized Distributor for Cherry Aerospace

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ELMHURST, N.Y., June 26, 2013 /PRNewswire/ -- Century Fasteners Corp. (www.CenturyFasteners.com) has become an authorized distributor for Cherry Aerospace (www.CherryAerospace.com).

In addition to making world-class Cherry products more broadly available to distributors and OEMs, the new partnership expands Century's existing services to the manufacturing community by enabling the company to provide deeper bill of material coverage to complement its product offering.

"This partnership marks a milestone in Century's evolution by enabling us to provide even broader material coverage competitively to the marketplace," said Evan Stieglitz, company co-president.

Century's strategic presence in Mexico is said to have been a factor in the finalizing the distribution agreement, he said, adding that as the new relationship takes hold, Century will focus on key suppliers to The Boeing Company, Lockheed Martin, General Electric, and Airbus.

About Century Fasteners

Century Fasteners Corp. is a Master Distributor of fastener and nonfastener components to the military, aerospace, electronics, automotive, sheet metal fabrication, contract manufacturing, telecommunications and medical industries. The ISO9001: 2000 and AS9120 Rev.A certified company stocks more than 100,000 discrete parts, and offers a wide variety of value-added services, including VMI in-plant programs, custom kitting, engineering services, and supply chain management solutions.

For Cherry Aerospace product quotes, call Century Fasteners Corp. toll-free at (855) 331-4445, or email requirements to aerospacesales@centuryfasteners.com. To learn more about the products and services offered by Century Fasteners Corp., visit us online at http://www.CenturyFasteners.com.

About Cherry Aerospace

Headquartered in Santa Ana, CA, Cherry Aerospace is a global leader in the design and manufacture of fastening systems for the aerospace industry. The Cherry name is synonymous with aerospace fasteners, and the CherryMax line of rivets is the most widely used in the industry. Cherry Aerospace is well known for their industry leading blind rivets, blind bolts, rivetless nut plates, shear pin fasteners and installation tools. The company is a member of the SPS Fastener Division of Precision Castparts Corp.

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Century Fasteners Corp. is now an Authorized Distributor for Cherry Aerospace

Charlotte leaders inaugurate UTC Aerospace HQ

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Politicians and business leaders touted growth Friday at UTC Aerospace Systems, the new incarnation of the former Charlotte-based Goodrich Corp., which United Technologies Corp. acquired last year.

Lured in part by state and local incentives, the company combined many of its business operations in Charlotte after its $18.4 billion acquisition of Goodrich. UTC moved dozens of high-ranking employees from Connecticut to Charlotte.

As a result, company officials said payroll at its Charlotte division headquarters has increased from 160 to 250, with plans to increase to more than 300 in the coming years. The company also went from using three floors of its office building to all six.

Sweating in the summer heat, officials spoke outside companys West Tyvola Road offices at a ceremony to formally inaugurate the new business division.

You could have gone right across the border. I know that, said Gov. Pat McCrory, pointing towards South Carolina. We have to have these kinds of companies, that build things, that design things, that make things.

UTC Aerospace Systems makes components for aircraft and spacecraft throughout the world. The companys components go into jets made by Boeing, Airbus, Bombardier, helicopters for the U.S. Marines and the International Space Station, among others.

After UTC acquired Goodrich, formerly one of the Fortune 500 companies headquartered in Charlotte, the company moved about 75 of its Hamilton Sundstrand employees to Charlotte from Connecticut to form UTC Aerospace Systems.

The Hartford Courant reported that, with an average compensation of $290,000, the managers represented nearly $22 million worth of annual payroll.

Economic development officials said UTC also considered locating the division headquarters in South Carolina, Florida and Virginia. Incentives helped UTC make its decision. Former Gov. Bev Perdue was in office at the time.

The company received a $2.5 million grant from the state, $2.5 million in Charlotte and Mecklenburg County grants, and up to $16.5 million worth of additional state grants over the next 12 years, contingent on meeting job creation and investment targets.

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Charlotte leaders inaugurate UTC Aerospace HQ

Ohio Aerospace Institute Announces Partnership With ERAU

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Thu, Jun 27, 2013

The Ohio Aerospace Institute (OAI), which supports the state's aerospace economy, and Embry-Riddle Aeronautical University-Worldwide's Center for Aviation and Aerospace Leadership (CAAL) announced Monday that they have formed a special partnership that will allow them to collaborate on aerospace education, research and development, and leadership training.

"This collaboration is more than us simply working together. It is a testament to both OAI's and Embry-Riddle's innovation, commitment to and leadership position in the aerospace industry," said Dr. Michael Heil, president and CEO, OAI. "We look forward to working with the Embry-Riddle team to develop informational workshops on the issues and trends impacting our industry and to further aerospace research right here in Ohio and across the country."

This unique partnership will afford both OAI and Embry-Riddle the opportunity to further demonstrate their aerospace expertise. These two organizations will work together on and participate in the following:

"We are very pleased to have entered this memorandum of understanding (MOU) with OAI," said Robert Mansfield, CAAL's executive director. "OAI is one of the premier aerospace institutes in the U.S. We believe together we will do much to maintain America's leadership in aviation and aerospace and strengthen Ohio's and the Nation's competitiveness in the industry."

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Ohio Aerospace Institute Announces Partnership With ERAU

Rockford Area Aerospace Network Shares Results from 50th Annual Paris Air Show

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June 27, 2013, ROCKFORD, ILLINOIS The Rockford Area Aerospace Network (RAAN), a committee comprised of the Rockford Area Economic Development Council (RAEDC) and the State of Illinois Department of Commerce & Economic Opportunity (DCEO) Office of Trade and Investment, has just returned from a successful trip to the prestigious 50th Annual International Paris Air Show. RAAN and its members were able to attend the show due to a state awarded State Trade and Export Promotion (STEP) grant. The grant funded nine Illinois companies to attend the trade show; six of the companies in attendance were from the Rockford region. The local companies that attended included:

The goal of the show was to seize new business opportunities and forge technology partnerships. RAANs continued participation in the Paris Air Show solidifies the Rockford regions globally-recognized brand as a leading, international aerospace cluster. The participation of Illinois companies at the Paris Air Show also helps further Governor Pat Quinns goal of doubling Illinois exports by 2014.

While at the show, RAAN visited with representatives from 37 companies, including France, Germany and Great Britain. Additional outcomes from the show included:

The Paris Air Show was the perfect opportunity to expose Rockford to companies and representatives located all over the world, said Eric Voyles, Vice President for National Business Development at RAEDC. We met with several representatives and highlighted the fact that we are one of the largest epicenters of aerospace activity in the United States. The show was great exposure for Rockford and it allowed us to increase foreign direct investment in our region, which ultimately will lead to new business development and more job creation.

The Paris Air Show is the largest and worlds most prestigious tradeshow focused on bringing together the biggest aviation and aerospace companies to showcase the latest technological innovations. Approximately 2,100 companies exhibit from 45 countries and 151,000 trade visitors attend the show. Since its inception, the show has been at the heart of the development of the aviation and space industry and over the years has become one of the industrys major networking events.

The Rockford Region is one of the largest epicenters of aerospace activity in the country, home to more than 200 suppliers. There are more than 90 aerospace suppliers in the Rockford metropolitan area alone. The region leads the state in aerospace manufacturing employment, with more than 80 percent of Illinois aerospace workforce being found in Rockfords metropolitan areas. This makes the Rockford metropolitan area sixth in the nation in terms of concentration of aerospace production employment and one of the largest in the nation in overall aerospace employment.

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Rockford Area Aerospace Network Shares Results from 50th Annual Paris Air Show

Permaswage — World-Leading Designer And Manufacturer Of Aerospace Fluid Fittings — Acquired By Precision Castparts …

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GARDENA, Calif., June 27, 2013 /PRNewswire/ -- Permaswage Holding SAS (Permaswage), the world-leading designer and manufacturer of aerospace fluid fittings, an investment of the European private equity firm Bridgepoint, has been sold, subject to regulatory approvals, to Precision Castparts Corp. (PCC) (PCP) in a $600 million, all cash, transaction.

(Logo: http://photos.prnewswire.com/prnh/20101213/LA13515LOGO)

Permaswage is the technology leader in the fluid fitting industry providing proprietary and standard components, tooling, and training to all major aerospace companies globally. Permaswage products can be found on virtually every major commercial and military aircraft program. Permaswage operates from manufacturing locations in Gardena CA, USA; Les Clayes-sous-Bois, France; and Suzhou, China, and employs 680 people worldwide.

"The acquisition of Permaswage by PCC provides our company, and all its employees, a very capable and resourceful new home," said Andrew Roberts, president and chief executive officer of Permaswage. He added, "Under the Bridgepoint ownership since 2007 the company has been allowed to develop and expand rapidly and I have every confidence that this will continue as we go forward under the PCC umbrella."

The company expects the transaction to be completed during the third quarter of 2013.

Advisers acting in this transaction on behalf of the company included: Lazard (exclusive financial advisor); KPMG (financial vendor assistance), CSP Associates (commercial vendor assistance), Clifford Chance (legal).

For further information:

Andrew Roberts

Permaswage

Tel: +1-310-217-3119

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Permaswage -- World-Leading Designer And Manufacturer Of Aerospace Fluid Fittings -- Acquired By Precision Castparts ...

Summit set for aerospace and defense suppliers

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SEATTLE, June 26 (UPI) -- Major aerospace and defense industry manufacturers and suppliers will gather in the United States to explore supply chain opportunities.

The gathering -- Aerospace & Defense Supplier Summit -- will be held in Seattle, Wash., next year and will be hosted by BCI Aerospace, an international organizer of trade events.

The summit is supported by the Washington State Department of Commerce and sponsored by the Washington Aerospace Partnership, Accenture and the City of Renton. Four Boeing business units -- Commercial Airplanes; Defense, Space and Security; Engineering, Operations & Technology; and Shared Services Group -- will participate in the event.

"There is tremendous opportunity in the aerospace market over the next 20 years and collaboration is the key, " said Kent Fisher, vice president and general manager of Supplier Management for Boeing Commercial Airplanes. "Boeing needs a dynamic, engaged, highly capable and constantly improving supply chain."

Last year's summit in Seattle boasted participation by 800 companies from 30 countries.

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Summit set for aerospace and defense suppliers

Canadian and U.S. Aerospace Industries to Benefit from Fast-growing Emerging Markets: BMO Economics

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CHICAGO, ILLINOIS and TORONTO, ONTARIO--(Marketwired - Jun 25, 2013) - Fast-growing demand in emerging markets represents a key opportunity for aerospace producers in the U.S. and Canada, while demand growth is likely to remain moderate but relatively stable in North America, according to BMO Capital Markets.

"Aerospace exports to developing economies have grown significantly over the past two decades," said Aaron Goertzen, Economist, BMO Capital Markets. "U.S. producers have a slightly stronger foothold in developing markets than their Canadian counterparts, but Canadian firms are also benefitting from the export of U.S.-assembled aircraft containing Canadian-made components."

He noted that the United Arab Emirates - which has poured resources into establishing itself as a major player in air travel - and China, have become key export markets. "The U.S. and Canada are beginning to see more aggressive competition from emerging-market producers, who are becoming more effective at challenging advanced-economy producers on their home turf," said Mr. Goertzen.

However, even with the expansion of emerging-market players, producers in advanced economies still hold a commanding share of the global market, with the United States alone accounting for nearly half of global aerospace revenue. Canada, meanwhile, is ranked as the fifth-largest global aerospace producer. Overall, the North American industry accounts for $200 billion in annual revenue.

Air travel and freight volumes are expected to grow in 2013, which should support airline profitability and underpin further expansion in aerospace orders. The gradually improving global economic outlook together with ultra-low interest rates should continue to support industry activity in this year after contributing positively to aerospace demand in 2012.

In particular, private orders for corporate aircrafts in the U.S. are expected to be strong in the coming years. "Corporate aviation is highly cyclical, and we're starting to see some real momentum," said Joe DiLallo, Vice President & Director, Corporate Aircraft Finance, BMO Harris Bank. "Deliveries and orders of corporate jets have increased significantly this year, and we anticipate growth will be in the 5 per cent range for the industry through 2016. BMO Harris Bank has the customized financing and specialized expertise in this area that will serve our large corporate clients as they continue to expand."

Overall, BMO sees a number of factors that will have an impact on the industry in the near to mid-term future:

Opportunities

This solid recovery in private demand has created a record backlog of unfilled orders, which would support industry output even if the global recovery were to unfold at a slower-than-anticipated pace. Over the past five years the aerospace industry has kept two to three years' worth of unfilled orders on the books - well ahead of historical norms. As a result, the industry has started ramping up production and should continue to build momentum over the next few years.

Elevated fuel prices are increasing airline demand for more fuel-efficient aircraft. Although high fuel prices weigh on airline profitability, they also increase demand for newer, more fuel-efficient aircraft - a big positive for aerospace producers. Indeed, aerospace orders boomed as energy prices surged during the commodity run-up in 2007-08. Although a softer economy has kept demand subdued compared to its frenetic pre-recession pace, upward pressure on energy prices expected over the medium term bodes well for the aerospace industry. In particular, Bombardier's C-Series regional jet - whose maiden flight is slated for late June - incorporates advanced materials and modern engines in order to provide a noticeable improvement in fuel consumption.

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Canadian and U.S. Aerospace Industries to Benefit from Fast-growing Emerging Markets: BMO Economics

Aerospace Industry Leaders Discuss The Industry’s Future In Washington State

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Tue, Jun 25, 2013

Innovate Washington and the newly formed Joint Center for Aerospace Technology Innovation (JCATI) brought together an elite-class of aerospace experts at their first annual future of aerospace symposium on the University of Washingtons Seattle campus held Monday. The symposium follows a recent proposal to the FAA to site an unmanned aircraft systems (UAS) research and testing facility in central Washington the development of which many cite as the future of the industry.

Washington has long been a leader in aerospace, and we are thrilled to be aggressively driving the conversation on what is next for the industry and in particular for Washington states role in the industry, said Bart Phillips, vice president of economic development at Innovate Washington. Expanding the states innovation into unmanned aircraft systems is an exciting opportunity to create new jobs." A recent study from the Association for Unmanned Vehicle Systems International (AUVSI) noted that this innovation has the potential to bring more than 10,000 jobs to the state.

The symposium featured industry thought leaders from Washington, NASAs Jet Propulsion Lab, and the Massachusetts Institute of Technology (MIT), among others, who will explore what they consider to be the future of aerospace through interactive and discussion based sessions ranging from biofuels and 787 production to space exploration and unmanned aerial vehicles (UAVs).

Monday also marked the public launch of JCATI, a new organization founded around the principles of public-private collaboration and experiential learning. Established by the former Governor Christine Gregoires office and the Washington state legislature to support the aerospace industry, the centers main goal is to develop aerospace research collaborations among the states 4-year public universities with strong industry partnerships to benefit the states economy and provide research opportunities to students across the state. By providing practical experience, JCATI is able to both enhance the industry as a whole and continue to drive statewide expansion. Initial grants of more than $1.3 million have been provided to faculty throughout the state to further their research and encourage innovation in Washington. To celebrate the research produced from their efforts, the grant recipients will demonstrate and showcase their research findings during the symposium.

This symposium helps further our mission of pursuing joint industry-university partnerships in new technologies that are relevant to aerospace firms in Washington State, said Timothy Stevens, Chair of JCATI and President, Triumph Composite Systems. Through creative collaboration and highlighting our broad thought leadership capabilities, we hope to keep Washington as the leader in aerospace innovation in new and exciting sectors.

JCATI and Innovate Washington believe that while the state has long been center stage in American aerospace invention and innovation, a greater emphasis in the field at the university level in Washington is key to maintaining and enriching the regions presence in the field.

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Aerospace Industry Leaders Discuss The Industry's Future In Washington State


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