CALGARY, ALBERTA--(Marketwired - Apr 3, 2013) - FLYHT Aerospace Solutions Ltd. (TSX VENTURE:FLY) (the "Company" or "FLYHT") has scheduled a live conference call to discuss the fourth quarter and year end results to be held, Wednesday, April 10, 2012 at 8 am MDT (10 am EDT, 7 am PDT).

The conference call will include a brief presentation about the fourth quarter and year end results and then a question and answer period with management.

To access the conference call by phone within Canada and the U.S. the toll-free number is 1-800-319-4610. Outside Canada and the U.S., dial 1-604-638-5340. (Callers should dial in five to 10 minutes prior to the scheduled start time).

Management will accept questions by telephone and e-mail. Individuals wishing to ask a question during the call, can do so by pressing *1. Also, you can email questions in advance or during the conference call to investors@flyht.com.

An archive of the conference call will be posted on the Presentations and Webcasts section of FLYHT's website as soon as it is available from the conference call provider.

About FLYHT Aerospace Solutions Ltd.

FLYHT provides proprietary technological products and services designed to reduce costs and improve efficiencies in the airline industry. The Company has patented and commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology, AFIRS UpTime, allows airlines to monitor and manage aircraft operations anywhere, anytime, in real time. If an aircraft encounters an emergency, FLYHT's triggered data streaming mode, FLYHTStream, automatically streams vital data, normally secured in the black box, to designated sites on the ground in real time. The Company has been publicly traded on the TSX Venture Exchange since 2003 and recently changed its trading symbol from AMA to FLY. Shareholders approved a Company name change from AeroMechanical Services Ltd. to FLYHT Aerospace Solutions Ltd. in May 2012.

AFIRS, UpTime, FLYHT, FLYHTStream and AeroQ are trademarks of FLYHT Aerospace Solutions Ltd.

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FLYHT Aerospace Solutions Ltd. (TSX.V: FLY) Schedules Fourth Quarter and Year End Conference Call

EL SEGUNDO, Calif., April 3, 2013 /PRNewswire/ -- An aerospace industry veteran who is an attorney and an aircraft structural engineer has been named as Wyle's new corporate vice president of contracts.

Andy Zirkelbach will support the corporation and its business groups in the areas of contracts, subcontracts and other business agreements, as well as in related compliance matters. He will also manage outside legal services.

Zirkelbach is an attorney with more than 20 years of experience in government contracting and the aerospace/defense industry, including specifically in the area of engineering and technical services. His experience includes law firm practice and more than 15 years in house with aerospace companies.

He has substantial experience in contracts, subcontracts, teaming agreements, nondisclosure agreements, and other transactions that are common in our industry. He also has experience dealing with terminations, changes, claims and bid protests and developing written processes and procedures to ensure compliance with laws and regulations applicable to federal government contractors.

Zirkelbach obtained his law degree from Georgetown University. He also obtained a Master of Science degree in Engineering Science & Mechanics from Virginia Polytechnic & State University and a Bachelor of Science degree in Aerospace Engineering from Texas A&M University. Zirkelbach has worked as an aerospace structural engineer for Northrop's Aircraft Division and the Hughes Space & Communications unit.

Wyle, a privately held company, is a leading provider of high tech aerospace engineering and information technology services to the federal government on long-term outsourcing contracts. The company also provides test and evaluation of aircraft, weapon systems, networks, and other government assets; and other engineering services to the aerospace, defense, and nuclear power industries.

For more information, go to http://www.wyle.com

Contact: Dan Reeder (310) 563-6834 Ref.: NR/13-09

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Wyle Names Aerospace Veteran as Corporate Vice President of Contracts

WOODBURY, N.Y., April 4, 2013 (GLOBE NEWSWIRE) -- Aerospace Technologies Group, Inc. (ATG) and Research Frontiers (REFR) licensee InspecTech Aero Service (IAS) announced today a new product combining ATG's pleated shade technology with IAS's SPD-Smart dimmable window. The product, branded Panacea, will be publicly unveiled at the Aircraft Interiors Expo being held April 9 -11 in Hamburg, Germany.

For details on this historic new product announcement, we invite you to read the press release issued today by ATG and IAS: http://www.atgshades.com/PressReleases.php?article=17.

Panacea's launch marks the culmination of years of dimmable window evaluation and development efforts by ATG, the industry leader in aircraft window pleated shade systems. Today's announcement is evidence of the substantial aviation industry need for incorporating an electronic dimmable window (EDW) into a pleated shade system.

Next week, Panacea will be exhibited in numerous aircraft platform mockups in ATG's booth (Stand 7B5) at the Hamburg Aircraft Interiors Expo. For more information about ATG, visit http://www.atgshades.com/.

For further information about SPD-Smart dimmable window technology, visit http://www.smartglass.com/, or contact:

Michael LaPointe

Vice President -- Marketing

Research Frontiers Inc.

+1-516-364-1902

Info@SmartGlass.com

Excerpt from:

Aerospace Technologies Group Launches Panacea Shade System Using SPD-Smart Technology

Eclipse Aerospace, based in Albuquerque, N.M., continues to move forward with the Eclipse 550 twin-engine very light jet.

The company last week received Federal Aviation Administration approval for an amended production certificate that authorizes the final assembly, test and certification of the plane.

The amended certificate allows Eclipse to manufacture, flight test and grant airworthiness certificates for the Eclipse 550 under the FAAs approved quality system, the company said.

Manufacturers are typically required to build their first group of aircraft under the supervision of the FAA, Mason Holland, Eclipse Aerospace CEO, said in a statement. The fact that every new Eclipse 550 will be delivered under a full FAA production certificate speaks volumes about our team and our systems.

Eclipse has jets moving down the production line as the company works toward customer delivery in the third quarter of this year.

The company was founded in 1998 by former Microsoft executive Vern Raburn.

Although investments in the effort reached $1 billion, production of the Eclipse 500 was halted in 2008 because of lack of funding.

The next year, Eclipse filed for bankruptcy, and one bidder, headed by Holland and Mike Press, bought the assets of the company.

About 260 of the very light jets were produced.

Eclipse Aerospace officially restarted the aircraft production line in June.

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Eclipse Aerospace moves ahead with production of very light jet

NEW YORK, April 2, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Financial Assessment of the Global Aerospace & Defense, Airlines and Airport Services Industries http://www.reportlinker.com/p01056003/Financial-Assessment-of-the-Global-Aerospace--Defense-Airlines-and-Airport-Services-Industries.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Airport

This financial assessment study analyses the financial ratios of public companies across the globe in the aerospace and defense, airlines and airport services industries. To assess the financial performance, ratios are divided into four categories: profitability, liquidity, activity, and solvency. Weights are assigned to different ratios based on the industry, and an overall rank is determined. Top performers in each sector are highlighted as well. The study also presents a portfolio analysis, wherein key indicators such as Sharpe's ratio and portfolio risk of top companies in each sector have been computed.

Executive Summary

In the current economic scenario, maintaining healthy financials plays a key role in determining a company's future prospects. This study analyzes the financial health of public companies in the global aerospace & defense, airline, and airport services industries. Companies are ranked based of four broad categories of ratios profitability, activity (reflecting financial management) and liquidity, and solvency (reflecting risk management). Top companies are plotted based on their risk management rank and financial management rank. Top performers are identified and their key financials are presented. The study also discusses key challenges and issues faced by industry participants.

Executive Summary Definition of Key Terms Research Objectives and Scope Research Methodology Key Issues/Challenges Faced by Industry Participants Aerospace & Defense Airlines Airport Services Markowitz Portfolio AllocationDetermination of Industry Sharpe Ratios The Frost & Sullivan Story

To order this report:Financial Assessment of the Global Aerospace & Defense, Airlines and Airport Services Industries

__________________________ Contact Clare: clare@reportlinker.com US:(339) 368 6001 Intl:+1 339 368 6001

Link:

Financial Assessment of the Global Aerospace & Defense, Airlines and Airport Services Industries

NEW YORK, April 2, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Merger and Acquisition Trends in the Global Aerospace and Defense Industry http://www.reportlinker.com/p01155342/Merger-and-Acquisition-Trends-in-the-Global-Aerospace-and-Defense-Industry.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Aerospace_and_Defense

Uncertainty over the Future of Defense Spending is Cause for Concern

Post 2011, merger and acquisition activity in the global aerospace and defense industry has been restrained due to economic slowdowns triggered by trouble in the Eurozone. This study analyzes the mergers and acquisitions that have taken place in the global aerospace and defense industry from January 2007 to September 2012. Deals are analyzed from both the target and the buyer's perspective. Analyses by deal value and volume across geographies and sub-segments have been covered, along with analyses of cross-border transactions and transaction multiples such as EV/revenue and EV/EBITDA. Also included are lists of transaction advisors to target and buyers by transaction value and volume.

Executive Summary

Merger and acquisition (M&A) activity in the aerospace and defense industry has remained suppressed in 2012, with both deal volumes and deal values dropping. Deal values declined sharply by X percent to $X billion as of September 2012 compared to $X billion in 2011. In the same time frame, the number of deals dropped X percent to X as of September 2012. Aerospace and defense maintenance and services and aircraft systems, components, and equipment are the sectors that have dominated M&A activity in the study period. The percentage of transactions involving "100.0 percent of stake bought" has decreased from X percent in 2007 to Xpercent as of September 2012. Weaker defense budgets anticipated in the next two years are likely to result in cross-border collaborations, which is expected to be a key driver for M&A activity. With the possibility of sequestration being delayed as late as the end of Q1 2013, the overall deal environment is expected to be restrained owing to uncertainties regarding the expected changes.

Research Objective

This research service analyzes the merger and acquisition (M&A) transactions in the global aerospace and defense industry from January 2007 to September 2012. Deals are analyzed by segment and geography. Cross-border deals are also analyzed. The outlook for M&A is also provided. (In charts and tables, wherever 2012 is mentioned, it refers to analysis of data as of September 2012 unless stated otherwise).

Geographic Scope

Global Study

Originally posted here:

Merger and Acquisition Trends in the Global Aerospace and Defense Industry

HYDERABAD, India, April 2, 2013 /PRNewswire/ --

The demand for composite materials in global aerospace industry has increased double digits in 2012 - primarily attributable to the continued ramp up of new and existing large commercial aircraft production and increased build rates across the military, civil helicopters and certain aircrafts within the business jet market.

Overall the commercial aerospace industry continues to utilize a greater proportion of advanced composite materials with each new generation of aircraft. As both Airbus and Boeing increase the production rates for their newest aircraft programs, including the A380, B787 and A350, the demand for composite materials is expect to grow rapidly during the forecast period. New aerospace programs such as Comac C-919, Bombardier C Series, Mitsubishi MRJ21, Comac ARJ21, Sukhoi Superjet-100 expect to contribute to the growing demand for composite materials in civil aerospace. The growth in military aircraft and helicopter production that has occurred in recent years is expect to continue the same trend driving the demand for composite materials.

Some of the market segment in aerospace industry have been, to varying degrees, cyclical and have experienced downturns in the past. The broad aerospace industry for composite materials is highly competitive, and companies that focus on both specific submarkets and specialty products within markets would gain competitive advantage. Depending upon the material and submarkets, relevant competitive factors include product approvals, technology, product performance, delivery, service and pricing. Although growth rates for composite materials amongst the aerospace segments vary, the overall demand for composite materials is forecast to grow steadily to $4.2 billion in 2018.

Composite Insights, a leading full service Custom & Syndicated Research firm, has conducted a market analysis on the industry and presents its findings in "Global Aerospace Composites Industry 2013-2018: Trend and Forecast Analysis."The report provides comprehensive analysis with accurate market size estimates for composite materials by market segments (commercial aircrafts, regional jets, military aircrafts, general aviation aircrafts, helicopters and spacecrafts).

Composite Insights is a full service Custom and Syndicated Research firm based in Hyderabad,India. For more information on this innovative research, please visit http://www.compositeinsights.com.

Contact: Phone: +91-406-569-6318 Email:helpdesk@compositeinsights.com Source: Composite Insights Pvt. Ltd.

Continued here:

Composite Insights' Report Analyses Global Aerospace Composites Industry: Demand to Reach $4.2 Billion in 2018

Lucintel to Moderate Advanced Materials Discussion at Aerospace Manufacturing Conference

Irving, TX (PRWEB) - Lucintel is participating in the SpeedNews Aerospace Manufacturing Conference, April 9-10, 2013, at the Charleston Place Hotel, in Charleston, SC. Joseph E. Fritz, Lucintels Vice President of Research and Operations, will moderate a discussion about advanced materials usage in the aerospace industry. He also will present a Lucintel paper titled Innovations in the Aero Structure Manufacturing.

Joseph will be available throughout the show to answer questions about key market trends and to discuss strategic challenges for the composites industry. He will also share how Lucintels strategic consulting engagements have helped major multinational companies make informed decisions and cost effectively deliver key strategic projects including New Market Entry; Growth Opportunity Screening; Competitive Benchmarking; M&A Due Diligence; and Build, Buy, and Partner strategies.

With more than 25 years work experience in the aerospace, defense, energy, and automotive industries, Josephs strengths include strategic consulting, market research, cost benchmarking, operations, and continuous improvement. As an engineer at General Electric Aerospace, he worked on several defense initiatives, including the Trident II Fire Control System and the Phalanx Close-In Weapons System. He has worked with several manufacturers in the metals industry, including Alcoa Howmet Castings and Doncasters Group, where he contributed to numerous programs, including the Joint Strike Fighter, Boeings 787, and the M1 Abrams tank. He has successfully held leadership positions in engineering, quality assurance, operations, marketing, and sales.

SpeedNews has been the source for easy-to-read news and information for executives in commercial, business, and military aviation industries since 1979. It offers the latest industry news along with information on SpeedNews newsletters and aviation industry events. SpeedNews hosts a comprehensive calendar of aviation industry airshows, exhibitions, meetings, and workshops around the world.

Lucintel is a premier global management consulting and market research firm that specializes in industrial markets and technologies, including aerospace and defense, composite materials, and related markets. Lucintel, which has deep knowledge of the composites arena, looks forward to sharing its strategic analysis and latest in-depth studies of the global composites market during the conference.

Being exceptionally well positioned to provide affordable consulting services and market reports, Lucintel uses a combination of industry experience with first-class consultants and analysts to provide quick, accurate results for clients research needs.

At the conference, Lucintel will showcase its latest market analysis reports, including the following:

For more information about the SpeedNews Aerospace Manufacturing Conference, visit http://www.speednews.com/ConferenceInfo.aspx?conferenceID=141

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Lucintel To Moderate Advanced Materials Discussion At Aerospace Manufacturing Conference

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

B/E Aerospace, Inc. (BEAV) will issue its financial results for the quarter ended March 31, 2013 prior to the opening of the NASDAQ Stock Market on Monday, April 22, 2013, and will hold a conference call to discuss the results at 9:00 a.m. Eastern Time on Monday, April 22, 2013. A live audio broadcast of the conference call, along with a supplemental presentation, will be available on the investor relations page of the Companys website at http://www.beaerospace.com.

About B/E Aerospace, Inc.

B/E Aerospace is the worlds leading manufacturer of aircraft cabin interior products and the worlds leading distributor of aerospace fasteners and consumables. 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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B/E Aerospace Schedules First Quarter 2013 Earnings Release and Conference Call for April 22, 2013

DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/v2szjw/global_aerospace) has announced the addition of the "Global Aerospace Service Robotics Market 2012-2016" report to their offering.

TechNavio's analysts forecast the Global Aerospace Service Robotics market to grow at a CAGR of 24.11 percent over the period 2012-2016. One of the key factors contributing to this market growth is the development of telerobotics for space. The Global Aerospace Service Robotics market has also been witnessing an increase in the demand for unmanned aerial vehicles. However, rapid technological changes could pose a challenge to the growth of this market.

Commenting on the report, an analyst from TechNavio's Automotive team said: ''The Global Aerospace Service Robotics market is witnessing the increasing adoption of lightweight and multi-functional robots. The size of robots is getting smaller every year. Vendors are developing smaller sized aerospace service robotics by reducing the size of the robot controllers. The trend of reducing the controller size is expected to increase and this will lead to a further reduction in the size of robots. In addition, vendors are developing multi-functional robots equipped with sensors and mobile units to do the required tasks autonomously with the cooperation of humans.''

According to the report, the realization of the benefits of robots is one of the major drivers in the Global Aerospace Service Robotics market. The reduction in errors while performing complex work utilizing robots is leading to increased operational efficiency. Further, the capability of aerospace service robotics to solve the issue of workforce scarcity in the Aerospace industry is inducing the growth of the Global Aerospace Service Robotics market.

Further, the report states that the reduction in budgets is one of the major challenges in the Global Aerospace Service Robotics market.

The key vendors dominating this space are AeroVironment Inc., European Aeronautic Defence and Space Co. N.V., Israel Aerospace Industries Ltd., and Dassault Aviation S.A.

The other vendors mentioned in the report are Schiebel Corp., BlueBotics SA, von Hoerner & Sulger GmbH, and MacDonald Dettwiler Space and Advanced Robotics Ltd.

Key questions answered in this report:

- What will the market size be in 2016 and what will the growth rate be?

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Research and Markets: Global Aerospace Service Robotics Market 2012-2016: AeroVironment Inc., European Aeronautic ...

EADS shareholders approved sweeping reforms on Wednesday that weaken the influence of European governments and allow the aerospace giant to pursue its global ambitions unfettered.

The extraordinary meeting in Amsterdam overwhelmingly adopted 15 proposed amendments in a major easing of state clout in the powerful group that also controls Airbus.

They notably dissolved a complicated shareholders pact that gave EADS's three founding states -- France, Germany and Spain -- veto rights on strategic decisions and rights to nominate board members.

Germany in October used the right to block a plan to merge EADS, which is registered in the Netherlands, with British defence company BAE Systems in a move that would have created a global defence and aerospace giant to rival US company Boeing.

The amendments also allow two historic shareholders, German automaker Daimler and the French conglomerate Lagardere, to sell their stakes, with the volume of EADS shares that trade freely rising above 70 percent from below 50 percent in December.

The German and French companies have long sought to leave EADS to focus on their core activities, respectively cars and media.

In the new ownership pact, national governments remain important shareholders, but their ability to influence company strategy decisions is more limited.

In the scheme, Germany is to takeover the 12 percent stake in EADS from Daimler, and France is to cut its holding to 12 percent, with Spain at 4.0 percent.

EADS activities involved in national security, such as those participating in France's nuclear deterrent, have been transferred to dedicated subsidiaries whose directors are chosen with each state's approval.

An expanded board of directors of 12 people from six countries can now decide without interference from states on "acquisitions, alliances and mergers," executive director Tom Enders said.

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Aerospace group EADS weakens state control

Published: Thursday, March 28, 2013, 12:01 a.m.

They said efforts to enlarge training programs, expand enrollment in college engineering and computer science courses and reform workers compensation, as desired by the industry, are all on the table for action in the final weeks of the legislative session.

But with a budget shortfall, and political differences between the House and Senate, they may not all get done unless the aerospace leaders inject themselves aggressively into the debate, lawmakers cautioned.

"I'm here to give you a reality check," Sen. Steve Hobbs, D-Lake Stevens, told a gathering of the Aerospace Futures Alliance, which lobbies on behalf of the industry. "I really need you guys to fight for aerospace like you do every day but you'll have to be a little more forceful, you'll have to be a little louder."

Washington state is home to more than 650 aerospace companies, including the Boeing Co., Aviation Technical Services of Everett and ElectroImpact of Mukilteo. The industry employs approximately 97,800 people in Washington.

Lawmakers and Gov. Jay Inslee paraded before 75 members of the alliance which is made up of representatives from aerospace companies, government and education.

"What I saw for aerospace is the commitment that they have made to the aerospace industry is significant and will allow us to move forward in a real positive way," said Linda Lanham, executive director of the alliance.

Hobbs and two Republican senators, Janea Holmquist Newbry of Moses Lake and Mark Schoesler of Ritzville, warned revisions in the workers compensation program passed by the Senate are in danger because of political differences with the Democrat-controlled House.

House Speaker Frank Chopp, D-Seattle, said significant changes made to the program in the last two years need time to take root first.

He focused on the House desire to invest in building a new aerospace training center in Renton and beefing up a program to provide low-interest loans to students of the Washington Aerospace Training and Research Center at Paine Field.

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Aerospace executives urged to fight for more help

CHARLOTTE, N.C., March 27, 2013 /PRNewswire/ -- UTC Aerospace Systems is marking more than 25 years of providing nacelle systems to Airbus for its A320 family of single-aisle aircraft. The Aerostructures business headquartered in Chula Vista, Calif. received its first contract to provide the complete nacelle system for the CFM56-5Aengines built by CFM International in 1984. It received another contract to provide the nacelle system for the V2500 engines that power the A320 in 1985. The A320 airplane entered into service on March 28, 1988. Air France was the launch customer. UTC Aerospace Systems is a unit of United Technologies Corp. (UTX).

Since the beginning of the program, the Aerostructures business has made a number of improvements to provide its Airbus customer with the highest level of support for the A320 program. The company's facilities close to the Airbus final assembly line in Toulouse, France have expanded multiple times. The main plant that supports Airbus was further enhanced in 2009 with the addition of a mixed-model moving assembly line to enable higher production rates and assure optimal quality. The company set up a facility in Hamburg, Germany in 1992 to support the A321, A319 and A318 final assembly lines there. In 2011, the company opened a facility in Tianjin, China collocated with the Airbus A320 Final Assembly Line.

"We have now delivered more than 11,000 nacelles for the Airbus A320 family in the past 25 years and we're extremely proud of our collaboration and performance on the program," said UTC Aerospace Systems Aerostructures President Marc Duvall. "Our relationship with Airbus is an example of companies working together. We have Aerostructures employees embedded at Airbus final assembly locations to install engines and nacelles onto their aircraft. Our on-time delivery performance on a daily basis is very high. It is a textbook case of the kind of progress that can be made when we marry our continuous improvement and lean expertise with relentless customer focus."

In 2011, Airbus selected UTC Aerospace Systems' Aerostructures business to provide the nacelle system for the Pratt & Whitney PurePower Geared Turbofan engines that will power the A320neo (new engine option). The Aerostructures business is also the nacelle provider for the Airbus A350 XWB that is scheduled to enter into service next year. Later this year, the company will complete the expansion of its Toulouse assembly facility for the nacelle system for the Trent XWB engine. The expansion will include a groundbreaking volumetric robotic cell to aid in the assembly process for the A350 XWB nacelle, the largest commercial nacelle that the Aerostructures business has designed and built.

UTC Aerospace Systems also makes a wide range of additional systems for the A320 family including; primary and secondary flight control actuation systems, cabin crew seating, air data sensors, fuel measurement and management systems, ice detection systems, security and surveillance systems, specialty heaters and temperature sensors, electric power generation, ram air turbine emergency power system, fire protection, pilot controls, cabin pressure control and ventilation system, interior and exterior lighting, and wheels & brakes. The company also provides, full authority digital engine control (FADEC)/EEC, main fuel pump, and fuel splitter valve for the V2500 engine.

UTC Aerospace Systems designs, manufactures and services integrated systems and components for the aerospace and defense industries. UTC Aerospace Systems supports a global customer base with significant worldwide manufacturing and customer service facilities.

United Technologies Corp., based in Hartford, Connecticut, is a diversified company providing high-technology products and services to the building and aerospace industries.

http://www.utcaerospacesystems.com

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UTC Aerospace Systems celebrates 25 years of providing nacelles for the Airbus A320 family, looks ahead to the next 25

LANGKAWI: Aerospace manufacturer UPECA Aerotech Sdn Bhd (UPECA) has signed a RM763mil contract with US-based aerospace company UTC Aerospace Systems to manufacture precision machined components on their fan cowl assemblies over the next 17 years.

UTC Aerospace System's Aerostructures business unit developed the fan cowl for the General Electric and Rolls-Royce engines on the Boeing 787 Dreamliner and the fan cowl for the Airbus A350 XWB. The company awarded UPECA the components to manufacture, making UPECA the single-source producer of these parts worldwide.

This will be UPECA's biggest contract award to date and will cover all aspects of manufacturing development, design and fabrication of all jigs and fixtures, procurement of raw material, machining, testing, treatment and assembly of the machined components.

Under the agreement, the first-article components of the 787 fan cowl will be completed by May 2013, and A350 XWB component development will begin subsequently.

The contract was signed by Tim Martin, Vice President of Supply Chain and Strategic Initiatives at UTC Aerospace Systems - Aerostructures and Simon Yew, chief executive officer of the UPECA Group of Companies.

The contract award ceremony was conducted at the Langkawi International Maritime and Aerospace Exhibition (Lima 2013) and was witnessed by Mida chief executive officer Datuk Noharuddin Nordin.

Datuk Noharuddin said: We are honoured to witness this important milestone.

This project is a testament of the capabilities of the Malaysian companies.

Not only is UPECA is one of few Malaysian companies to achieve AS/EN9100 approval, they also carry approvals from Airbus, Spirit AeroSystems, Honeywell, Singapore Aerospace Manufacturing (SAM) and Meggitt, enabling them to produce a range of aircraft components that include aerostructures, avionics components, and aircraft engine casings.

We are proud to have UPECA as a partner in Malaysia, to support key machined aerospace products for United Technologies Aerospace Systems. These parts will be used on key Boeing and Airbus platforms. says Tim Martin.

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Local aerospace company inks RM763mil deal with US company

ASEAN countries, including Malaysia, are actively pursuing opportunities in aerospace, which is fast becoming one of the most dynamic industries. Be it the commercial aerospace, defence and maritime industries, all areas promise high growth over the next few years.

Aerospac industry embraces many advanced technologies and offers abundant opportunities in engineering, electronics, composite materials as well as manufacturing and systems integration.

Today, Malaysia has about 200 aerospace-related organisations, with estimated combined earnings of more than RM27.5 billion and some 54,000 employees.

Realising this, Majlis Amanah Rakyat (MARA) is tapping into the expertise as well as resources in aerospace industry by developing partnership with the aerospace-related companies to strengthen the local human capital development. At the same time, this can enhance the agency's ability to produce a world-class professional workforce.

"For this purpose, MARA is now in the process of consultation with other industry players, domestically and internationally, inviting equity participation," he said.

Through the interest that exists in the knowledge-driven companies later, Ibrahim said MARA is not only able to provide opportunities for students to undergo training and serve in the company, but also enhance the capability of teaching and learning modules in line with the industry requirements and current market conditions.

In realising the vision to produce aerospace professionals and experts in the country, MARA will start exposing the students in the secondary level in Maktab Rendah Sains MARA to prepare them all the way up to higher level of education at the University of Kuala Lumpur.

MARA's advantages include human capital development expertise, infrastructure in education, research and development (R&D), strategic investment in the existing aerospace and maritime companies, government incentives and financial capacity.

Ibrahim said MARA is also enhancing the ability to create the workforce in maintenance, repair and overhaul (MRO) services for the aerospace industry.

"These measures are in line with the industry growth through the creation of new airlines in Asia Pacific as well as fleet expansion by existing companies," he said.

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MARA provider of aerospace industry experts

LANGKAWI: Malaysia's aerospace industry last year grew 9.4 per cent to RM30.3 billion compared to 2011 and contributed 3.23 per cent to the country's gross domestic product (GDP).

According to Malaysia Industry-Government Group for High Technology's (Might) Aerospace Industry Report, the turnover was backed by the vibrant airline activities particularly the low-cost carriers, the expansion of aerospace manufacturing businesses and the positive development in the airport sub-sector.

"The industry's positive development is also a result of the execution of investment projects including the Eurocopter, BHIC Aeroservices and Sepang Aircraft Engineering," Might said in a statement today.

The report, together with the Maritime Industry Report, was launched by Prime Minister Datuk Seri Najib Tun Razak here today.

"A total of 11 projects were approved last year for the aerospace industry with investment totalling RM2.3 billion representing 30 per cent of the transport equipment industry.

"In terms of job creation, the approved projects are expected to create 2,739 employment opportunities mostly in the aerospace manufacturing sub-sectors," it said.

It added that the country's exports last year were worth approximately RM2.2 billion comprising mainly aerospace parts and components, while imports involving aircraft, raw materials and spares were valued at RM13.2 billion.

"The difference between imports and exports can be significantly reduced through the localisation of aircraft parts and components such as the production of aerospace grade raw materials which will be the next investment proposition strategy for both MIDA and Might," it said.-- Bernama

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Aerospace grew 9.4pc in 2012

TORONTO , March 25, 2013 /CNW/ - Magellan Aerospace Corporation ("Magellan Aerospace") (MAL.TO) will release its earnings report for the fourth quarter and year ended December 31, 2012 on Wednesday, March 27, 2013 before the markets open. The results will also be posted on the Company's website at http://www.magellan.aero.

The Company will then host its financial analyst conference call on Wednesday, March 27 at 4:30 p.m. Eastern Time to discuss its results for the year ended December 31, 2012 . Participants may join the call by dialing 1-866-551-3680 and entering the participant PIN code 71098437# at the scheduled time of 4:30 p.m. Eastern Time . A replay will also be available for 90 days, which can accessed by dialing 1-866-551-4520 noting the following playback reference: 286563# and entering the participant PIN code 71098437#.

Jim Butyniec, President and Chief Executive Officer will lead the discussion and will be accompanied by John Dekker , Chief Financial Officer and Daniel Zanatta, Vice-President, Business Development, Marketing and Contracts. The discussion will be followed by a question and answer period.

Thank you for your interest in Magellan Aerospace and we look forward to your participation in the conference call.

SOURCE: Magellan Aerospace Corporation

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Magellan Aerospace conference call announcement - Year end 2012 results and discussion

Many of Colorado's aerospace organizations, companies and educational institutions gathered Monday at the state Capitol for Aerospace Day in an attempt to raise the visibility of Colorado's aerospace industry and send a message to Washington.

Area businesses and universities set up booths near the rotunda before and after the House and Senate passed Joint Senate Resolution 20, officially making March 25 Colorado Aerospace Day.

"We are trying not to be a secret,"said Joe Rice, director of government relations at Lockheed Martin Space Systems and a former state representative. "Even though (the Colorado legislature has) been largely supportive of aerospace, it would be great to get all 100 onboard."

The resolution, which unanimously passed both the House and the Senate, was meant to remind the legislature that aerospace adds monetary and intellectual value to the state.

Gov. John Hickenlooper has been a vocal supporter of Colorado's space economy the second largest in the nation but area industry leaders hope to heighten public awareness of its contributions to society.

In 2011, aerospace-related business contributed $8.7 billion to the state economy and employs more than 66,000 in high-paying jobs.

These statistics, the event's organizers say, need to be highlighted as the industry increasingly faces both financial challenges due to Washington's budget problems and huge opportunities stemming from technological progress.

In addition to mentioning several of Colorado's notable companies and space missions, the resolution offered subtle hints about the industry leaders' political goals.

"It is largely symbolic ... to make this Aerospace Day, but really the language in the resolution urging the U.S. federal government is the substance of today," Rice said.

The closing section of the resolution called on the Colorado's General Assembly to encourage the federal government to support space activities, specifically efforts to build up the United States' ability to send humans into space again and to ask them to fund innovative work.

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Colorado aerospace takes center stage at state capitol

MILPITAS, Calif.--(BUSINESS WIRE)--

e2v aerospace and defense, inc. (e2v a&d), a leader in RF power, imaging, and hi-rel semiconductor solutions, today announced a life extension program for selected memory devices of Micron Technology Inc. (Micron), one of the worlds leading providers of advanced memory solutions.

The program, which will encompass a large portfolio of Micron SDR and DDR memory products, will supplement Microns Product Longevity Program (PLP) by enhancing it with e2v a&ds industry-leading Semiconductor Lifecycle Management program (SLiM). e2v a&d has designed the SLiM program to provide aerospace and defense customers with a comprehensive supply and critical part management program, which includes: wafer banking, redesign and re-engineering, hi-rel test and packaging, obsolescence management, and superb engineering support.

As noted by Robert Brevelle, President of e2v aerospace and defense, The mission of e2v a&d is to provide robust, exceptional, extended life parts management on a worldwide basis. The relationship with Micron will add tremendous value, combining leading-edge memory technology and world-class life cycle managementthe ideal solution for aerospace and defense customers seeking to maximize performance, while mitigating risk.

Tom Eby, Microns Vice President of Embedded Solutions, added: Microns commitment to advanced memory solutions for extended life applications is a hallmark of our service to our customers. We believe that our relationship with e2v aerospace and defense will further enhance our ability to provide critical legacy memory solutions with life cycle support that extends the reach of the PLP.

Notes to Editors

For more information on e2v aerospace and defense, inc., please visit http://www.e2v.com. e2v a&d contact: Michael Sarpa, Marketing Manager, michael.sarpa@e2v-us.com

For more information on Microns PLP program, please visit: http://www.micron.com/plp. Micron contact: Clifford Smith, Product Line Manager, Embedded Solutions Group (ESG), plpsupport@micron.com

About e2v aerospace and defense

e2v aerospace and defense, inc. (e2v a&d) is a leading provider of RF power, imaging and hi-rel semiconductor solutions to the North American aerospace and defense industry. e2v a&d offers a diverse portfolio of products and services, including wideband RF components and sub-systems, high performance imaging sensors and cameras and hi-rel semiconductor products and lifecycle management services to ensure long-term continuity of supply. Corporate headquarters of e2v a&d are located at 765 Sycamore Drive, Milpitas, CA 95035 USA. For more information, visit http://www.e2v.com.

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e2v aerospace and defense, inc. announces a program to provide extended life for certain SDR and DDR memory products ...

MOJAVE, Calif., March 26, 2013 /PRNewswire/ --XCOR Aerospace today announced a first in aviation and space history, the firing of a full piston pump-powered rocket engine. This breakthrough is the foundation for fully reusable spacecraft that can fly multiple times per day, every day. It is a game changing technology that has the power to fundamentally alter the way we as a society view, visit, and utilize the abundant resources around our planet and in our solar system.

(Photo: http://photos.prnewswire.com/prnh/20130326/LA83800)

The initial portion of XCOR's pump test program culminated in a 67-second engine run with the propulsion system mated to the flight weight Lynx fuselage. After the installation of the flight sized liquid oxygen tank, the next test sequence will extend the engine run duration to the full powered flight duration of the Lynx Mark I suborbital vehicle.

"Through use of our proprietary rocket propellant piston pumps we deliver both kerosene and liquid oxygen to our rocket engines and eliminate the need for heavy, high-pressure fuel and oxidizer tanks. It also enables our propulsion system to fly multiple times per day and last for tens of thousands of flights," said XCOR Chief Executive Officer Jeff Greason. "This is one more step toward a significant reduction in per-flight cost and turnaround time, while increasing overall flight safety."

Boeing provided additional funding to complete the XCOR test sequence and advance low-cost rocket propulsion technology. The demonstrated results of the full pump fed engine firing for extended periods helps to ensure the technology migrates into broader global applications.

"Unlike the expensive and finicky turbopumps on today's rocket propulsion systems, XCOR's piston pumps are designed to be as powerful in their thrust class as turbines, but as easy to manufacture, maintain and operate as an automotive engine," said XCOR Chief Operating Officer Andrew Nelson. "This is the culmination of a 12 year program to develop this unique technology. The kerosene piston pump has been successfully flight-proven during our 40-flight test program on the X-Racer aircraft. We'll be entering another flight test program soon with Lynx and these pumps and engines will power XCOR and the industry to the next level."

About XCOR Aerospace: XCOR Aerospace is on the verge of becoming the most active spaceflight company in the world based on our safer, reliable and reusable rocket-powered vehicles, propulsion systems, advanced non-flammable composites and rocket piston pumps. XCOR is building Lynx, a piloted, two-seat, fully reusable liquid rocket-powered vehicle that takes-off and lands horizontally. The Lynx-family of vehicles serves three primary missions depending on their specific type including: research & scientific missions, private spaceflight, and micro satellite launch (only on the Lynx Mark III). Lynx production models (designated Lynx Mark II) are designed to be robust, multi-mission (research / scientific or private spaceflight) commercial vehicles capable of flying to 100+ km in altitude up to four times per day. Lynx vehicles are available to customers in the free world on a wet lease basis.XCOR also works with aerospace prime contractors and government customers on major propulsion systems development. XCOR Aerospace is based in Mojave, California and is creating a new Research and Development Center in Midland, Texas. (www.xcor.com)

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XCOR Aerospace Announces Significant Propulsion Milestone on Lynx Suborbital Vehicle