MARANA, Ariz., March 5, 2013 /PRNewswire/ -- Marana Aerospace Solutions, the award-winning Maintenance, Repair and Overhaul facility located just north of Tucson, Arizona, has reported significant expansion of its list of global customers. In the past 12 months alone, the Marana Aerospace Solutions team has assisted some 80 customers from 20 countries in meeting their aircraft support requirements, including heavy and line maintenance, storage, full aircraft painting, interiors and end-of-life part-out options at its convenient, 1200 acre one-stop-shop facility.

"We focus on tailoring our services to suit the specific needs of each customer," said Colin Buxton, Vice President of Sales & Marketing. "We see ourselves as a trusted partner on their team, providing the customized services necessary to maximize the asset's value."

Marana Aerospace Solutions' licensed technicians are dedicated to excellence in safety and workmanship. In 2012 they performed Heavy Maintenance on 10 different aircraft types and provided Flight-line Services to 25 customers, including 10 international customers.

Additionally, the expansive facility offers more than 600 acres of secured ramp and storage area for all sizes of aircraft. With an ideal low-humidity desert climate, last year it provided short-term and active storage solutions to 40 different customers.

A founder member of the Aircraft Fleet Recycling Association, Marana Aerospace Solutions also has a variety of options available for an aircraft's end-of-life, servicing 8 different end-of-life customers and 6 different aircraft types in 2012.

"The outstanding advantage we offer our customers is convenience," added Buxton. "We can provide them with expert maintenance checks, storage, a new paint job, or end-of-life solutions, all right here on-site."

About Marana Aerospace SolutionsLocated in Marana, Arizona, Marana Aerospace Solutions offers a broad range of maintenance and component services for Boeing, Airbus, McDonnell Douglas, Bombardier and Embraer aircraft, as well as painting, storage and end-of-life solutions to some of the world's largest commercial airlines, aircraft leasing companies, and government agencies.

Privately owned and operated, Marana Aerospace Solutions is a Federal Aviation Administration Approved FAR Part 145 Repair Station with a FAA Class IV Airframe Rating, is ISO 9001-2008 registered, and holds numerous international maintenance certifications including EASA. More information is available at http://maranaaerospace.com/.

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Marana Aerospace Solutions Delivers More Convenience & Reliability to Growing List of Worldwide Customers

Procurify Client Testimonial - ASCO Aerospace

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BCHS Aerospace
High School Aviation promo file - credit to UVA for their aviation clip

By: Anthony Petrucci

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Liebherr-Aerospace Toulouse SAS, Toulouse (France), is expanding its facilities by building a two-story logistics center. Construction started in mid-November 2012, with the new logistics center being scheduled to commence operations at the end of 2013.

On a surface of 6,300 m, the building will house all logistic-related activities goods receiving, incoming quality inspection, warehousing, finished goods warehousing and shipping as well as office areas for administration, purchasing, supplier quality assurance and other support functions for logistics. The two buildings currently accomodating logistics will then be used to house the assembly shop, the production and the repair shop for heat exchangers.

Liebherr-Aerospace will thus be able to optimize the industrial processes at its Toulouse site. All in all, the investment will allow the company to further enhance its performance regarding quality and on-time deliveries and to even better support its air framer and operator customers.

Liebherr-Aerospace is a leading supplier of systems for the aviation industry

Liebherr-Aerospace & Transportation SAS, Toulouse (France), is one of ten divisional control companies within the Liebherr Group and coordinates all activities in the aerospace and transportation systems sectors.

Liebherr-Aerospace is a leading supplier of systems for the aviation industry and has more than five decades of experience in this field. The range of aviation equipment produced by Liebherr for the civil and military sectors includes flight control and actuation systems, landing gear and air management systems. These systems are deployed in wide-bodied aircraft, single aisle and regional aircraft, business jets, combat aircraft, military transporters, military training aircraft, civil helicopters and combat helicopters.

Liebherrs aerospace and transportation systems division employs more than 4,000 people. It has four aviation equipment production plants at Lindenberg (Germany), Toulouse (France), Guaratinguet (Brazil) and Nizhny Novgorod (Russia). These production sites offer a worldwide service with additional customer service centers in Saline (Michigan/USA), Seattle (Washington/USA), Wichita (Kansas/USA), Montreal (Canada), Sao Jos dos Campos (Brazil), Hamburg (Germany), Moscow (Russia), Dubai (UAE), Singapore and Shanghai (Peoples Republic of China).

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Liebherr-Aerospace Builds New Logistics Center in Toulouse

CHARLOTTE, N.C., March 1, 2013 /PRNewswire/ -- UTC Aerospace Systems has been awarded a contract to provide the advanced DB-110 airborne reconnaissance system on the F-16 platform for the Turkish Airborne Reconnaissance Program (TARP). The contract was awarded by Aselsan Elektronic Sanayi ve Ticaret A.S. on behalf of the Turkish Air Force. UTC Aerospace Systems is a unit of United Technologies Corp. (UTX)

Under the TARP contract, UTC Aerospace Systems will supply four DB-110 electro-optic/infra-red (EO/IR) reconnaissance pods for the Turkish Air Force F-16 aircraft and three fixed/transportable Imagery Exploitation Systems. The company will also provide training and logistics support.

Kevin Raftery, vice president of ISR Systems said, "This selection by Turkey marks our ninth award on the F-16 aircraft and with this growing customer base; the DB-110 has become the standard for F-16 reconnaissance systems around the world."

The DB-110 digital, real-time, tactical reconnaissance system captures images day and night using electro-optical/infrared sensor technology. Images can then be transmitted in real-time to analysts on the ground as well as viewed on the cockpit video display, enabling the pilots to verify targets and re-task based on opportunities revealed during the mission.

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 Awarded Turkey F-16 Reconnaissance Program

BELLEVUE, WA--(Marketwire - Feb 28, 2013) - Esterline Corporation ( NYSE : ESL ) (www.esterline.com), a leading specialty manufacturer serving global aerospace/defense markets, today reported that its Montreal-based CMC Electronics subsidiary has been awarded a contract by Korea Aerospace Industries (KAI) to supply the integrated glass cockpit for 20 Peruvian Air Force turboprop trainer aircraft designated as KT-1P.

Esterline CEO Brad Lawrence said, "Esterline's Cockpit 4000 avionics solution allows KAI's trainer to emulate the advanced avionics of today's cutting-edge fighter aircraft. We provide a system that employs the latest in cockpit management technology, resulting in better and more rapidly trained pilots, at a far lower cost than conventional training."

Lawrence added, "Our avionics suite features proven operational flight programs that integrate the aircraft sensors, radios and weapons systems to provide a wide range of navigation and mission requirements. Momentum is building for demand of these capabilities."

KAI said it sees a market for about 200 basic trainers in South America. Esterline's Cockpit 4000 avionics systems are installed on 250 aircraft to date, for customers in eight countries. The Peruvian KT-1P is a variant of the successful KT-1 turboprop trainer. Its excellent handling qualities for all flight phases and superior performance, with low stall speed, spin recovery and advanced auto trim, make it one of the best solutions for military pilot training. Early last year, Esterline also completed deliveries of its CMC Cockpit 4000 avionics suite for the Turkish Air Force's 40 KT-1T trainer aircraft, supplied by KAI.

Korea Aerospace Industries is the Republic of Korea's national aerospace company, established in 1999 with the consolidation of Samsung Aerospace, Daewoo Heavy Industries and Hyundai Space and Aircraft. Its major products are the KT-1 basic trainer, T-50 advanced supersonic jet trainer, KUH Surion helicopter, aerostructures and the KOMPSAT satellite program.

Esterline CMC Electronics (www.esterline.com/avionicssystems) has achieved an international reputation for innovation and excellence in the design and manufacture of electronics products for the aviation market. Esterline's focus is on delivering innovative cockpit systems integration and CMC avionics solutions to its customers worldwide. The principal locations for CMC products are in Montreal, Quebec; Ottawa, Ontario; and Chicago, Illinois. CMC is a wholly owned subsidiary of Esterline Corporation ( NYSE : ESL ) (www.esterline.com), a specialized aerospace and defense company headquartered in Bellevue, Washington. Esterline employs over 12,000 people worldwide with manufacturing operations in 11 countries on four continents.

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Esterline's CMC Integrated Glass Cockpit Selected for Korea Aerospace Industries' Peruvian Air Force Trainer

For the last several months, Gregory Bloom has worried about his small Irvine aerospace business and what would happen if federal funds were held back or "sequestered" because of Congress' inability to reach a budget agreement.

And now his worst fears are approaching. Cuts in the nation's defense budget could total $3.2 billion in California alone, and Bloom knows the Southland could be hit hard in the months ahead with payrolls, contracts and plans all in doubt.

"We could wake up and face a world we've never seen before," Bloom said. "We can't make long-term decisions on an uncertain future."

As president of Seal Science Inc., a maker of rubber gaskets for fighter jets, Bloom made several trips to Washington to warn lawmakers that the defense industry could be severely harmed by the cuts.

On Friday, $85 billion in federal spending is set to be slashed over the final seven months of this fiscal year unless Congress reaches an agreement on reducing the mounting federal deficit. Defense programs are expected to be cut about 15% for the remainder of the fiscal year, according to the White House.

Specific cuts to programs remain largely a mystery, but for companies such as Seal Science, with 120 employees, alarm bells are ringing. Bloom has held back on hiring and investing in new machinery because he has no idea what to expect.

He's not alone. Thousands of Southern California aerospace suppliers many with only a handful of workers collectively employ more than 162,000 people in California. With jobs on the line and state unemployment already at 9.8% at the end of 2012, all eyes are on Washington.

Sequestration's biggest effect would be to California with an estimated $3.2-billion cut in military spending on procurement, wages and grants, according to data compiled by Federal Funds Information for States, a service created by the National Governors Assn. and the National Conference of State Legislatures.

Rep. Howard P. "Buck" McKeon (R-Santa Clarita), chairman of the House Armed Services Committee, said he believes sequestration will go forward and that Congress is playing political chicken with people's jobs by not coming to an agreement.

"There's going to be drastic consequences for California," he said. "The large companies will survive, but the small companies don't have the finances to wait this thing out."

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Southland aerospace firms brace for defense cuts

PARSIPPANY, N.J. Global Aerospace, a worldwide leading specialist aerospace insurer, announced today that its cumulative financial investment in aviation safety programs since 2011 now totals more than USD $1.5 million. The company has long been the insurance industry leader in supporting aviation safety initiatives, many funded on behalf of its clients as well as for the aviation industry at large.

Our history as an aviation insurer is replete with examples of our commitment to improving aviation safety, said Global Aerospace USA Chief Underwriting Officer Jeffrey Bruno. No other aerospace insurer invests more financial resources or personnel into fostering a safer aviation environment.

The companys financial investment and educational support of aviation safety is administered primarily through two programs: The Vista Elite Program for qualifying Global Aerospace customers and the SM4 Safety Program, offered to the entire aviation community.

The Vista Elite Program is designed for exceptional corporate aircraft operators who meet the general aviation industrys highest operating and safety standards. Vista Elite customers are offered access to a comprehensive series of world-class safety support services. Developed in cooperation with leading aviation safety experts, these services enhance and support customers existing safety programs and reflect the latest innovations in safety management, human factors, regulatory compliance, medical training, emergency response and other issues.

Vista Elite safety services are delivered by Global Aerospaces designated safety partners:

Baldwin Aviation: Safety management programs and support services

Convergent Performance: Human factors training and advisors

Fireside Partners: Emergency response planning and family assistance support

ICF SH&E: Risk management and regulatory compliance consulting

MedAire: Integrated medical, security and travel assistance

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Global Aerospace Announces Safety Program Investment Totaling $1.5 Million

TORONTO, ONTARIO--(Marketwire - Feb 27, 2013) - FTG Aerospace - Chatsworth, a subsidiary of Firan Technology Group Corporation (FTG.TO), announced today that it has successfully implemented its quality system and achieved certification to the ISO9001; 2008 / AS9100 Revision C standard on February 14, 2013.

FTG Aerospace - Chatsworth is the fifth FTG manufacturing facility to achieve AS9100 Revision C certification.This demonstrates FTG''s commitment to investing in our quality management systems to ensure we provide the highest possible quality products to our customers.This new facility of FTG, which will hold its Grand Opening on February 28, 2013, has been established to provide a US-based operation focused on Illuminated Cockpit Products and Rigid Flex Circuit Card value add assembly.

"FTG is committed to Operational Excellence across the Corporation and the continuous improvement of our process controls and quality systems are an important part of these efforts," stated Brad Bourne, President and Chief Executive Officer of FTG."The AS9100C certification is especially important given FTG''s focus on the aerospace and defense market."

About AS9100

AS9100 is a widely adopted and standardized quality management system for the aerospace industry.It was initially released in 1999 by the society of automotive engineers and the European association of aerospace industries. AS9100 incorporates the entirety of ISO 9000, while adding additional requirements relating to quality, risk and safety.Major aerospace manufacturers and suppliers world-wide require registration as a condition of doing business with them.

More information on AS9100 can be found at http://www.sae.org.

About Firan Technology Group Corporation

FTG is an aerospace and defense electronics product and subsystem supplier to customers around the globe.FTG has two operating units:

FTG Circuits is a manufacturer of high technology, high reliability printed circuit boards.Our customers are leaders in the aviation, defense, and high technology industries.FTG Circuits has operations in Toronto, Ontario and Chatsworth, California.

FTG Aerospace manufactures illuminated cockpit panels, keyboards and sub-assemblies for original equipment manufacturers of aerospace and defense equipment.FTG Aerospace has operations in Toronto, Ontario, Chatsworth, California and Tianjin, China.

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Firan Technology Group Corporation Announces That Its Fifth Facility, FTG Aerospace-Chatsworth, Has Achieved the ...

ST. LOUIS, Feb. 28, 2013 (GLOBE NEWSWIRE) -- LMI Aerospace, Inc. (LMIA), a leading supplier of structural assemblies, kits and components and provider of design engineering services to the aerospace and defense industries, announced that it will host a conference call to discuss the company's fourth-quarter and 2012 year-end results.

The conference call will be Tuesday, March 12, 2013, at 9:00 A.M., CDT. LMI Chief Executive Officer Ronald S. Saks and Chief Financial Officer Lawrence E. Dickinson will host the call. LMI plans to release the company's fourth quarter and 2012 year-end results prior to market open on Tuesday, March 12, 2013.

To participate in the call, please dial 866-307-3343 approximately five minutes before the conference call time stated above. A live webcast of the call can be accessed directly from LMI Aerospace website at http://ir.lmiaerospace.com/events.cfm and clicking on the appropriate link. A recording of the call will be available on the LMI web site upon completion of the call.

LMI Aerospace, Inc. is a leading provider of design engineering services and supplier of structural assemblies, kits and components to the aerospace and defense markets. Through its Aerostructures segment, the company primarily fabricates, machines, finishes, integrates, assembles and kits formed close tolerance aluminum and specialty alloy and composite components and higher level assemblies for use by the aerospace, defense and technology industries. It manufactures more than 30,000 products for integration into a variety of aircraft platforms manufactured by leading original equipment manufacturers and Tier 1 aerospace suppliers. Through its Engineering Services segment, operated by its D3 Technologies, Inc. subsidiary, the company provides a complete range of design, engineering and program management services, supporting aircraft product lifecycles from conceptual design, analysis and certification through production support, fleet support and service life extensions via a complete turnkey engineering solution.

The LMI Aerospace, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4971

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LMI Aerospace Announces Conference Call to Discuss 2012 Fourth Quarter and Year-End Results

By Bill Edson - February 26, 2013 | Tickers: LMT, NOC, RTN, BA | 0 Comments

Bill is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited.

The United States overspends on military projects, and as the national debt and sequestration move to the forefront of political debate, this oversized military spending is vulnerable. This is a bad thing for the aerospace/defense industry.

That being said, are there any stocks in this group that are cheap enough to warrant embracing these risks?

Industry challenges

Lockheed Martin (NYSE: LMT)expects a record profit in 2013, even though the company and other suppliers to the Pentagon could witness a decline in spending needed to reduce the U.S. deficit. The company expects to earn a profit of $9.10 per share by 2013; this would be its highest ever. The company projects earnings for a full-year profit in 2013 of $8.80 to $9.10 per share, more than the $8.28 per share average estimate of 22 analysts compiled by Bloomberg. Howard Rubel, an analyst of Jefferies Group, said that the companys performance during the fourth quarter of 2012 displayed a broad-based demand for its offerings. The companys growth in backlog was inspiring, representing a 2% increase to $82.3 billion by 2012.

Two other defense contractors,Raytheon (NYSE: RTN)andGeneral Dynamics, forecasted their 2013 results below analyst predictions. Reduction in the U.S. defense spending of $45 billion through September is expected to be implemented unless President Obama and Congress can agree by March to find an alternative method to reduce the federal deficit.

According Marillyn Hewson, President and Chief Executive Officer of Lockheed Martin, As we look at our go-forward plan for this year, we have a very strong portfolio and a solid plan in place. And even as we look at sequestration and potential budget reductions, were not looking at planned job reductions. The companys fate depends upon its biggest program, the F-35 jet fighter, which is also the Pentagons costliest weapon system, with a project development cost of $395.7 billion. During the fourth quarter of 2012, the companys earnings from continuing operations were $569 million, or $1.73 per share, as compared to $698 million, or $2.14 per share, during the fourth quarter of 2011. Meanwhile the average estimates of 21 analysts compiled by the Bloomberg was $1.82 per share profit.

The company is also protected against threat of budget cuts thanks to the Pentagons commitment to the F-35. In January, the company entered into a contract with the Pentagon for its fifth lot of jets, obligating funds and confirming continuous production in spite of the automatic cuts that could take place in March. The company expects to bring to close contracts with the Pentagon for two more lots of the planes by mid-2013 and to commence work on another batch that would turn out jets for Japan and Israel. In 2013, it plans to provide different customers with a total of 36 F-35 jets, or 20% more planes as compared to 2012.

Lockheed and Raytheons profits for 2013 are expected to increase due to tax credits the companies could claim for research and development as per the tax contract signed into law by Obama in February 2013. The law that would extend the tax credit is expected to add 23 cents per share to Lockheeds earnings in 2013 and about 15 cents per share to Raytheons earnings.

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Aerospace and Defense Stocks: Worth The Risk?

By Tengku Noor Shamsiah Tengku Abdullah

SINGAPORE, Feb 27 (Bernama) -- The Singapore aerospace industry achieved a total output of S8.7 billion in 2012, more than double the output a decade ago, says Senior Minister of State, Ministry of Trade and Industry and Ministry of National Development, Lee Yi Shyan.

"The Singapore aerospace industry contributes significantly to our local economy. Since 1990, the industry has grown at a Compounded Annual Growth Rate (CAGR) of over 10 per cent.

"Singapore is now a sophisticated Maintenance, Repair and Overhaul (MRO) Hub in Asia. The sector accounts for close to 20,000 well paying jobs," he said in his address at the opening of AeroSpace eXchange 2013 here today.

ASX 2013 is as an integrated one-stop exhibition and conference to facilitate business development and market penetration activities for the niche aerospace industry, and aviation industry as a whole.

It is organised by the Association of Aerospace Industries (Singapore) or AAIS, a non-profit organisation dedicated to promoting competitiveness within Singapore's aerospace industries.

"Our vision is for Singapore to be an aerospace hub with a comprehensive range of capabilities. To help us achieve this, we are developing the Seletar Aerospace Park to meet the growing and diverse needs of the aerospace industry," he said.

Lee said leading international aerospace companies such as Rolls-Royce, Jet Aviation, Eurocopter, Fokker Services Asia, Hawker Pacific Asia and Execujet have found a home in the SAP.

He noted many of the republic's home-grown SMEs such as Wah Son Engineering, Tri-Wing Aviation Resources and Air Transport Training College are establishing themselves there too.

According to the 2010 Singapore Aerospace Manpower Landscape Study, Lee said, the industry will require more than 6,300 new direct employees by 2015.

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Singapore Aerospace Industry 2012 Output Hits S$8.7 Billion

European aerospace giant EADS said Wednesday it achieved a strong rise in sales and earnings last year on the back of record sales at commercial aircraft maker Airbus and stable defence business.

EADS said in a statement it booked net profit of 1.228 billion euros ($1.6 billion) last year, a rise of 19 percent over the year-earlier figure.

Underlying or operating profit, as measured by earnings before interest and tax and one-off items, rose to 3.0 billion euros from 1.8 billion euros in 2011.

And revenues grew by 15 percent to 56.48 billion euros, the statement said.

"EADS achieved strong revenue and underlying profit growth for the full year 2012. Despite a difficult macroeconomic environment, EADS saw continued momentum in its commercial activities while defence revenues were broadly stable," the company said.

On the back of this, EADS said it would propose an increased dividend of 0.60 euros per share for 2012, compared with 0.45 euros per share for 2011.

Looking ahead to the current year, EADS said it was projecting underlying or operating profit of 3.5 billion euros, "provided the world economy and air traffic grow in line with prevailing independent forecasts and there are no major disruption due to the current sovereign debt crisis."

EADS said its commercial aircraft maker Airbus achieved record deliveries last year, handing over a total 588 airplanes to customers, including 30 A380 superjumbos.

That drove Airbus's commercial revenues up by 18.6 percent to 36.943 billion euros and its overall sales up by 17 percent to 38.592 billion euros.

Airbus's underlying profit more than doubled to 1.23 billion euros.

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Aerospace giant EADS lifts profits, sales in 2012

CHARLOTTE, N.C., Feb. 27, 2013 /PRNewswire/ --UTC Aerospace Systems has been selected by Singapore Airlines to supply the wheels and carbon brakes for its fleet of eight new Boeing 777LR aircraft. The company will provide the equipment through its Wheels & Brakes business in Troy, Ohio. The first aircraft is scheduled for delivery in August 2013. UTC Aerospace Systems is a unit of United Technologies Corp. (UTX).

The 777LR carbon brakes use proprietary DURACARB carbon heat sink material. The DURACARB carbon provides exceptional brake performance and a 35 percent brake life advantage over competitive products, producing significant cost savings for operators.

"This selection by Singapore Airlines expands our longstanding relationship and complements their existing 777LR fleet, first introduced in 2006," said Cory May, vice president of commercial programs, Wheels & Brakes.

Singapore Airlines operates a modern fleet of over 100 aircraft to 62 destinations in 35 countries on six continents from its primary hub in Singapore. Singapore Airlines together with its subsidiary SilkAir connects Singapore with more international destinations in the region than any other Southeast Asian airline. Singapore Airlines is one of the most respected travel brands around the world and has developed into an industry trendsetter. Along with being the world's most awarded airline, Singapore Airlines is committed to environmental sustainability through a number of operational initiatives.

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 Selected by Singapore Airlines to Provide Wheels and Carbon Brakes on Boeing 777LR Fleet

FCI Aerospace Liquid Level Sensing
FCI Aerospace liquid level sensors provide highly reliable detection of liquid level in the harshest aerospace and military applications with a no moving part element. FCI #39;s thermal dispersion liquid level sensors are specified for the detection of level in hydraulic and gearbox oil, coolants, potable water applications, fuel and other fluids. http://www.fluidcomponents.com

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FCI Aerospace Liquid Level Sensing - Video

NAO - National Aerospace Organization
http://www.NationalAerospace.org Insight about marketing to military, selling to airports, and selling to the airlines using online videos and social media technologies. The National Aerospace Organization produces promotional videos for companies with exceptionally promising new technologies and innovations that can significantly benefit the military and commercial aviation sectors. The videos we produce are targeted to reach and inform decision makers in the aviation sector. This includes military airbases, commercial airports, the airlines, and general aviation. To receive more information and a detailed brochure, go to: http://www.NationalAerospace.org or contact Colonel John Thomas at 904 524-8505

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NAO - National Aerospace Organization - Video

AtMoSpHeRe [5th movement] ( Wibisono Dharmawan ) #aerospace
Share your adventures realtime with your friends moby.to

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AtMoSpHeRe [5th movement] ( Wibisono Dharmawan ) #aerospace - Video

Arrow 3 Israel Aerospace Industries (IAI) Space and Missiles MLM Products Arrow Weapon System
Israel successfully carried out Monday, February 25, 2013, the first flight test of its Arrow III ballistic missile interceptor (Read more http://www.armyrecognition.com ), the Israeli Defense Ministry said in a statement. The ministry #39;s Missile Defense Organization and the US Missile Defense Agency jointly conducted the trial from an Israeli range on the Mediterranean coast. Army Recognition Global Defence News Online military magazine for defence and security industry Worldwide Defense Security News Marketing and advertising for Defense Security Industry and Exhibition Land Forces equipment, weapons and vehicles http://www.armyrecognition.com

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Arrow 3 Israel Aerospace Industries (IAI) Space and Missiles MLM Products Arrow Weapon System - Video

GKN (LSE: GKN.L - news) , the car and aircraft parts maker, is expecting a strong 2013 driven by civil aerospace and international growth markets.

The FTSE 100 engineering group beat City expectations for 2012, reporting record profits across its business despite a weak car market in Europe.

Shares rose 4pc after group sales rose to 6.51bn last year from 5.75bn in 2011, while pre-tax profit jumped to 503m from 306m.

The company is forecasting further progress in 2013 as a whole from its automotive business, but cautioned that lower market demand in Europe would likely have an impact on first-half results.

The European market is soft and we dont expect that to change in the short term, said Nigel Stein, chief executive.

He added: The [global] automotive sector is expected to grow this year by about 2-3pc. We expect to do slightly better than that as were strong in growth areas like China, North America, Mexico, India.

The European car market shrank by 5pc in 2012, but grew by 17.6pc in North America as recovery continued, and by 5.8pc in China.

Sales within GKNs Driveline business - its largest - rose 16pc to 3.2bn in 2012.

The company was also upbeat about the prospects for its aerospace business, where it said it is benefiting from the rise in production of aircraft among its civil customers Airbus (Paris: NL0000235190 - news) and Boeing (NYSE: BA - news) . Commercial aircraft is expected to be around 70pc of GKNs aerospace business this year.

That affords the company some protection from the military side which is under pressure from shrinking defence budgets, and which GKN expects to decline this year.

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GKN upbeat as civil aerospace and foreign markets drive growth

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

B/E Aerospace, Inc. (BEAV), will make a presentation to institutional investors at the J.P. Morgan Aviation, Transportation and Defense Conference in New York City on Tuesday, March 5, 2013.

The presentation will begin at 8:00 a.m. Eastern time on Tuesday, March 5, 2013. A live audio broadcast of the presentation will be available on the investor relations page of the Companys website 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 to Present at J.P. Morgan Conference in New York on March 5, 2013