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

B/E Aerospace, Inc. (BEAV), the worlds leading manufacturer of aircraft cabin interior products and the worlds leading distributor of aerospace fasteners and consumables, today announced third quarter 2012 financial results.

THIRD QUARTER 2012 HIGHLIGHTS VERSUS THIRD QUARTER PRIOR YEAR

THIRD QUARTER CONSOLIDATED RESULTS

Third quarter 2012 revenues of $766.7 million increased $130.7 million, or 20.6 percent, as compared with the same period of the prior year. Organic revenue growth, excluding 2012 acquisitions, was 10.5 percent.

Operating earnings, adjusted to exclude $4.6 million of AIT costs, were $138.9 million, an increase of 23.9 percent, and operating margin of 18.1 percent increased 50 basis points as compared to the prior year period. The growth in operating earnings and the improvement in operating margin occurred primarily as a result of operating leverage at the higher sales volume and ongoing operational efficiency initiatives. Operating earnings, on a GAAP basis to include AIT costs, were $134.3 million or 17.5 percent of sales.

Net earnings and earnings per diluted share, adjusted to exclude both one-time debt prepayment costs and AIT costs, were $79.2 million and $0.77 per diluted share, increases of 21.1 percent and 20.3 percent, respectively, as compared to the prior year period. Net earnings and net earnings per diluted share, adjusted to exclude the one-time debt prepayment costs, were $76.0 million and $0.74 per diluted share.

Commenting on the Companys third quarter 2012 performance, Amin J. Khoury, Chairman and Chief Executive Officer of B/E Aerospace said, Our revenue growth continues to be driven primarily by the robust new aircraft delivery cycle. Approximately 61 percent of third quarter revenues were driven by demand for products for new-buy aircraft reflecting both robust new aircraft deliveries and weaker aftermarket demand. In addition, as a result of our operational outperformance which has resulted in record operating earnings for the nine-month year-to-date period, and successfully executed tax planning initiatives we have been able to raise our 2012 earnings guidance to $2.82 per share. The $2.82 per share guidance represents a $0.17 per share increase as compared to our original guidance of $2.65 per share.

For 2013, we are expecting top line growth of approximately 10 percent driven primarily by the demand for our products for new-buy aircraft. Our initial 2013 guidance of approximately 10 percent revenue growth and approximately 20 percent earnings per share growth is based primarily on our high quality backlog and the expectation of strong wide-body deliveries that are expected to continue for the next several years. We believe we are well positioned to generate double-digit revenue growth for the next several years, based on our total backlog of $8.25 billion, both booked and awarded but unbooked, rapidly growing revenues from our supplier furnished equipment (SFE) program deliveries, our expectation for a 14 percent CAGR in wide-body aircraft deliveries over the next three years, the expectation for continued growth in global passenger travel, and the attendant increases in capacity.

THIRD QUARTER SEGMENT RESULTS

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B/E Aerospace Reports Third Quarter 2012 Financial Results; EPS $0.74 Excluding Debt Prepayment Costs; Raises 2012 ...

Singapore, 29 October 2012 ST Aerospaces VIP completion business, AERIA Luxury Interiors (AERIA) has been selected by an unnamed customer for the interior modification of a Boeing 767-200ER VIP aircraft. AERIAs scope of work for the modification is all-inclusive, and extends from design, engineering and installation to project management. This is AERIAs second contract, following its successful redelivery of a Boeing Business Jet in August. AERIA was first unveiled at the Singapore Airshow in February this year.

Notably, the contract includes heavy maintenance of the aircraft, bearing testament to ST Aerospaces integrated solutions for customers. In an arrangement that will minimise aircraft downtime for the customer, AERIA will perform the interior modification when the aircraft is stripped of its cabin fittings during heavy maintenance. The heavy maintenance will be undertaken by ST Aerospaces US affiliate STA San Antonio, which AERIA is a division of. Both are located in the same facility at San Antonio, Texas. The aircraft is expected to be inducted next month and redelivered in April 2013.

We are privileged to be selected as our customers preferred VIP completion centre. This contract is a vote of confidence in AERIAs capabilities and we are committed to surpassing our customers expectations with an exceptional design, flawless execution and timely delivery. ~ Ron SORET, General Manager of Completions, AERIA Luxury Interiors, STA San Antonio

We are looking forward to providing our customer with a seamless experience. The integration of AERIAs interior expertise with STA San Antonios maintenance resources will allow the customer to enjoy the highest quality of service in the best lead time." ~ Stephen LIM, President, STA San Antonio

AERIA will undertake the modification of the aircrafts in-flight entertainment setup to include a new surround sound speaker system and high definition monitors; engineering of interior door locks; installation of a trash compartment and refrigerator/freezer; as well as design of a new interior soft goods palette, including leathers, divan fabrics, deco panels and headliners.

AERIA is backed by a team with well established expertise in VIP completions, engineering and all related support activities. The management team collectively has nearly 150 years of experience and has performed completions on more than 50 aircraft. Being part of the global network of ST Aerospace, which is the worlds leading aircraft engineering and maintenance service provider, AERIA is able to offer customers unparalleled support.

AERIA is strategically located in San Antonio for its highly trained engineering talent pool and cluster of supporting businesses for VIP completions. San Antonio is well regarded as the birthplace of VIP completions for large aircraft, with roots from the 1980s.

ST Aerospace (Singapore Technologies Aerospace Ltd) is the aerospace arm of ST Engineering. Operating a global MRO network with facilities and affiliates in the Americas, Asia Pacific and Europe, it is the worlds largest commercial airframe MRO provider with a global customer base that includes leading airlines, airfreight and military operators. ST Aerospace is an integrated service provider that offers a spectrum of maintenance and engineering services that include airframe, engine and component maintenance, repair and overhaul; engineering design and technical services; and aviation materials and management services, including Total Aviation Support. ST Aerospace has a global staff strength of more than 8,000 engineers and technical specialists. Please visit http://www.staero.aero.

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ST Aerospace's VIP Completion Business Signs Major Contract for Boeing 767-200ER VIP aircraft

SHELTON, Conn., Oct. 26, 2012 /PRNewswire/ --Sikorsky Aerospace Services (SAS) today announced the signing of a Memorandum of Understanding (MOU) with Aviation Training Consulting (ATC) to establish an advanced flight and maintenance training academy, the Sikorsky Training Academy (STA), in Altus, Okla. SAS is the worldwide aftermarket business of Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp. (UTX).

(Logo:http://photos.prnewswire.com/prnh/20060403/SIKORSKYLOGO )

"Many of our customers, particularly U.S. Government agencies and foreign militaries, have difficulty obtaining thorough standardized training for their flight crews and maintenance teams. In particular, there is a lack of advanced mission training beyond basic conversion courses and currency training. Many customers rely on training companies that are neither U.S. military nor Sikorsky qualified," said David Adler, President of Sikorsky Aerospace Services. "Establishing this center is a significant step in enabling us to deliver a comprehensive, tailored OEM training curriculum of the highest standards, capable of preparing our students for a wide variety of missions."

Projected to launch in 2013, the academy will initially focus on meeting the needs of foreign militaries using the BLACK HAWK helicopter as the training platform. Altus, Okla., located near Fort Sill, provides the training academy with access to several hundred square miles of operating space, certified landing areas, and certified night vision routes. Additionally, Altus weather conditions are well suited to flight training schedules.

SAS is proposing to team in the development of the STA with Aviation Training Consulting, an Altus-based firm and an industry leader in designing and providing advanced training solutions. Sikorsky has entered into an MOU with ATC and is in the process of final discussions for establishing the academy. ATC has existing relationships with Sikorsky's customers.

"The creation of the STA is a natural progression of our relationship with Sikorsky and will not only benefit Sikorsky and ATC, it would make Altus a key global destination of choice for advanced military aircraft training," said Robert Cox, CEO of ATC. "Oklahoma is proud of its rich aerospace and defense industry, which represents approximately 10 percent of its economy. We look forward to the development of the training academy and our association with Sikorsky, an internationally respected company."

SAS provides comprehensive support to rotary and fixed wing aircraft throughout the world. It offers its military and commercial operators a full portfolio of support services, including material distribution, maintenance, overhaul & repair, aircraft modifications and life-cycle support. Sikorsky, based in Stratford, Conn., is a world leader in helicopter design, manufacture, and service. United Technologies Corp., based in Hartford, Conn., provides a broad range of high technology products and support services to the aerospace and building systems industries.

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Sikorsky Aerospace Services Announces Selection of Altus, Oklahoma, as Site for Full Service Flight and Maintenance ...

ST. LOUIS, Oct. 24, 2012 (GLOBE NEWSWIRE) -- LMI Aerospace, Inc. (LMIA), a leading provider of design engineering services, structural assemblies, kits and components to the aerospace, defense and technology markets, today announced that it will host a conference call to discuss the company's third quarter 2012 results.

The conference call will be Thursday, November 8, 2012, at 9:00 A.M., CST. LMI Chief Executive Officer Ronald S. Saks, Chief Operating Officer Ryan P. Bogan and Chief Financial Officer Lawrence E. Dickinson will host the call. LMI plans to release the company's third quarter 2012 results just prior to market open on November 8.

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 the LMI Aerospace web site at http://ir.lmiaerospace.com/events.cfm and by 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, structural assemblies, kits and components to the aerospace, defense and technology 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. Additional information can be found at http://www.lmiaerospace.com

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 Third Quarter Results

A new company, R2 Aerospace, has been established by former Yankee Pacific Aerospace (YPA), Inc., vice-president of business development and founding shareholder, Rick Richardson. R2 Aerospace will pursue new opportunities in aircraft industry manufacturing and MRO in Tulsa, Oklahoma. Richardson has extensive experience over his 26-year career across all aspects of large aircraft interior completions.

Richardson will continue to provide technical and marketing support for YPA under a consulting agreement. R2 Aerospace president, Rick Richardson, said, The establishment of R2 Aerospace is an exciting venture which will provide many opportunities for aircraft industry growth within manufacturing and MRO across the Tulsa region.

My past experience in managing and forming aviation companies, in addition to my extensive knowledge and contact base within the industry, places me in good stead to provide R2 Aerospace clients with outstanding customer service.

YPA, LLC, managing director, Ken Goldsmith, said, Rick made a major contribution to the growth of Yankee Pacific Aerospace during his tenure with the company. We look forward to continuing our consulting relationship and wish him equal success as he pursues his new venture.

Richardson and Goldsmith teamed up in 2002 at Lufthansa Technik AG in Hamburg, Germany, to form Lufthansa Technik Completion Engineering, LLC, in Tulsa. After acquiring Lufthansas stake in 2004 and forming Executive Aircraft Completions, LLC (EAC), Richardson and Yankee Pacific went on to merge EAC into Yankee Pacific Aerospace, Inc., a company formed by Yankee Pacific and Richardson in 2006 with private equity firm, Hancock Park Associates. YPA subsequently acquired Jormac Aerospace in 2006 and Cabin Innovations in 2007, before going on to form Aircraft Systems Division in 2011. Starting in 2002, Richardson rose from vp of engineering at LTCE to vp-general manager at EAC, then to president of Cabin Innovations and finally to vp of business development at YPA.

From 1985 to 1993, Richardson was an avionics & electrical design engineer at Dassault Falcon Jet and an electrical design engineer at Arkansas Aerospace. From 1993 until 2002, he held positions as project engineer, DAS administrator and director of engineering & certification at Bombardier, where he led the completions engineering group in Tucson, Arizona, and Montreal, Canada. He studied engineering at the University of Arkansas at Little Rock and holds a delegation from the FAA as a Delegated Engineering Representative (DER) in mechanical systems and equipment.

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New Company, R2 Aerospace, Established By Former Yankee Pacific Aerospace VP

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

The fly-by-wire actuation system developed by Parker Aerospace, a business segment of Parker Hannifin Corporation (PH), the global leader in motion and control technologies, has been certified as part of the type certificate Gulfstream received from the Federal Aviation Administration (FAA) for its Gulfstream G650 business jet.

Gulfstream Aerospace Corporations ultra-large-cabin, ultra-long-range G650 received FAA certification on September 7, 2012. Gulfstream and the Parker Aerospace Control Systems Division have been working together since the program's launch to design and certify the G650s fully digital, fly-by-wire flight control system, which includes the worlds first three-axis business aircraft electric backup hydrostatic actuation (EBHA) subsystem.

EBHAs are electrically controlled actuators that are primarily hydraulically powered by one of the G650s two hydraulic systems, with electric power as a backup. The EBHA subsystem is self-contained, operating in the event of certain failure conditions, essentially eliminating the need for a third hydraulic system found in traditional aircraft system architectures. These actuators provide enhanced aircraft safety and flight control availability because of the different power sources.

Parker provides EBHAs for all the G650s primary control surfaces, including the elevator, rudder, aileron, and outboard multi-function spoiler. In addition, Parker provides electrohydraulic servoactuators (EHSAs) for all of the G650s primary control surfaces as well as remote electronics units, motor control electronics, and tubing assemblies. The flight control actuators are manufactured at the Parker Aerospace Control Systems Division facility in Ogden, Utah, with the electronics manufactured at the divisions headquarters in Irvine, California.

The G650s fly-by-wire flight control system delivers many benefits, including flight-envelope protection, passenger comfort, increased redundancy, and reduced maintenance. As noted by Gulfstream in a recent statement, the system is the result of extensive testing, leading to a redundant fly-by-wire system that exceeds certification requirements.

Parker Aerospace helped make business aviation history when the G650 completed flight with EBHA mode on December 21, 2010. It became the first business aircraft to control flight using an electrically powered, fly-by-wire, EBHA backup flight control actuation system.

Parker is thrilled to have its components on the now-certified Gulfstream G650, said Parker Aerospace Vice President of Operations Greg Crowe. We are proud to be a part of this game-changing aircraft and showing what our advanced, fly-by-wire flight controls can achieve.

When flight with EBHA mode was completed, Gulfstream Senior Vice President of Programs, Engineering, and Test Pres Henne said, "The system performed flawlessly. There was no difference in handling qualities between the electrically and hydraulically powered modes.

About Parker Aerospace. Parker Aerospace is a global leader in the research, design, manufacture, and service of flight control, hydraulic, fuel and inerting, fluid conveyance, thermal management, and engine systems and components for aerospace and other high-technology markets. It is an operating segment of Parker Hannifin Corporation.

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Parker Aerospace’s Advanced Flight Controls Certified on Gulfstream G650 Business Jet

CLEVELAND & ORLANDO, Fla.--(BUSINESS WIRE)--

Nextant Aerospace, maker of the 400XT, the worlds only remanufactured business jet, today announced that it will display the 400XT at the 65th National Business Aviation Association (NBAA) Annual Meeting and Convention, taking place October 30 to November 1, 2012, at the Orange County Convention Center in Orlando, Florida. The companys indoor exhibit will be located at booth number 4423 in the convention center; the aircrafts static display position at Orlando Executive Airport is #625.

Nextant will hold a press briefing at the Orange County Convention Center:

Time and location:

The press conference will be led by Nextant Aerospace founder and chief executive officer Kenneth C. Ricci, and will be followed by an open Q&A session for members of the media.

Nextants static display at Orlando Executive Airport will also serve as the setting for a reception to celebrate the one-year anniversary of the planes certification by the FAA:

Time and location:

When we displayed at last years NBAA in Las Vegas, the 400XT had just received final FAA certification, said Kenneth C. Ricci, CEO of Nextant Aerospace. Since then, the markets reception of the 400XT has been incredible. By the end of this year, we anticipate delivery of 25 aircraft, and will enter next year with a sales backlog valued in excess of $175 million. The current order book includes firm orders from six different countries, with 40 percent of our total sales occurring internationally. We are looking forward to showcasing an even more advanced 400XT at this years event.

Among the developments being showcased at this years NBAA will be Nextants new raked winglet, which provides improved performance, both while climbing and during high-speed cruising at altitude. The winglets, the first of their kind on a business jet, are expected to be certified by the end of the first quarter of 2013.

The winglets unique design and carbon fiber construction minimize additional wing loading, while maximizing the overall aerodynamic efficiency of the aircraft. They also feature all-new, low maintenance LED lighting, replacing a heavier strobe lighting system, which further decreases weight. The winglets will be a standard feature on the 400XT going forward, and all 400XTs that have been delivered to date will be retrofitted.

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Nextant Aerospace Displays Its 400XT Business Jet at the 65th NBAA Annual Meeting in Orlando

In a changing sector, a business accelerator symposium will be held Wednesday to help aerospace and defense small companies find a new direction to grow.

There will be topic specialists who will discuss multiple topics, which will include sales, marketing and business acceleration strategies, said Dan Nienhauser, a principle at Impact Business Accelerators, which will host the event.

And while the event is specifically targeted at small defense companies, Nienhauser said these skills can easily be applied to other companies as well.

Itll touch on many areas, he said. It will touch on how small companies can attract new business and how to attack the challenges they will be facing.

The event will also host a panel of innovation experts, as well as an open question and answer section. It will cover organizational, operational and strategic challenges that impede growth, expansion and success.

With the cuts to defense spending, many are small companies that will face significant program cuts in 2013, Nienhauser said.

But those cuts dont have to be the end for these companies, Nienhauser said. Instead, they can find new ways to adapt and expand in a changing business environment.

The experts include a representative from Continuum Advanced Systems, a Boston industrial design firm, Dr. Chell Roberts, College of Innovation and Technology executive dean, and a design manager from ECCO, a New York product innovation firm.

Its about finding different ways to use technologies in other opportunities, Neinhauser said.

Continuum has experience in translating technologies across different sectors, Neinhauser said. By taking a medical bladder and putting it in a shoe, the company created whats now known as the Reebok Pump.

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Aerospace, defense symposium comes to Mesa, ASU Wednesday

MCLEAN, Va.--(BUSINESS WIRE)--

ITT Exelis (XLS) will display a wide variety of its industry-leading aerospace and defense products and services at the 2012 Association of the United States Army (AUSA) Annual Meeting and Exposition in Washington, D.C., Oct. 22-24, 2012.

Some highlighted technologies from the Exelis exhibit at this years AUSA Conference will include:

In addition to exhibiting a wide range of business solutions, Exelis will also highlight its new community volunteer program, Exelis Action Corps at the event. In partnership with Points of Light, Exelis is engaging its employees and residents of the communities in which Exelis operates in meaningful volunteer projects that serve and support returning military service members, veterans and their families.

As a company that manufactures technologies that protect our military service members abroad, and one that has a global workforce comprised of approximately 10 percent military veterans, it was only natural that ITT Exelis decided to invest in and deploy its own employees to support the men and women who so bravely serve, and have served, our nation, said Exelis CEO and President David Melcher.

To learn more about Exelis, stop by the lower level, booth 2625 at the event, visit http://www.exelisinc.com/ausa or follow us on Facebook and Twitter for real-time social media updates.

About ITT Exelis

Exelis is a diversified, top-tier global aerospace, defense and information solutions company with strong positions in enduring and emerging global markets. Exelis is a leader in networked communications, sensing and surveillance, electronic warfare, navigation, air traffic solutions and information systems with growing positions in cyber security, composite aerostructures, logistics and technical services. The company has a 50-year legacy of innovation and technology expertise, partnering with customers worldwide to deliver affordable, mission-critical products and services for managing global threats, conflicts and complexities. Headquartered in McLean, Va., the company employs about 20,500 people and generated 2011 sales of $5.8 billion. http://www.exelisinc.com

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ITT Exelis to highlight defense and aerospace technologies at 2012 AUSA Meeting and Exposition

TUCSON, Ariz., Oct. 17, 2012 /PRNewswire/ -- The latest in a continuing series of Offshore Group podcasts on topics related to manufacturing in Mexico examines the Mexican aerospace industry from a European perspective.

Jean Claude Bouche, a dual Mexican and French citizen currently working to develop connections between the Mexican aerospace industry and the aerospace cluster of Toulouse, France, recently sat down to share his experiences and insights in a discussion centered on the subject of linkages between the Mexican and European aerospace industries.

Throughout the approximately thirty minute-long interview, Bouche points out that, over the last decade, Mexico has not only strengthened its aerospace ties and capabilities within North America, but also is becoming increasingly tied to some of Europe's major industry players.

Among the actions taken by European aerospace manufacturers that will have a long-term positive impact on the development of Mexico's aerospace industry include: The recent decision of Airbus to locate its first non-European manufacturing plant in the State of Alabama. This will cause its European supply chain to look toward Mexico as a possible base for North American manufacturing operations; another important and impacting factor has been the decision of prime contractors such as Eurocopter and the Safran Group to establish an increasing number of production facilities in Mexico.

Bouche believes that at some point all the necessary links in the supply chain will be in place that will enable an entire airplane to be built in and flown out of Mexico, but it is his opinion that achieving this goal will take some time.

The podcast in its entirety can be listened to on The Offshore Group's manufacturing in Mexico website.

The Offshore Group is the largest provider of outsourced business support, "shelter" services in Mexico. Currently 61 businesses operate at The Offshore Group's three Mexico manufacturing industrial parks in the State of Sonora, the city of Saltillo, Coahuila, and at the Group's Vangtel affiliate in Hermosillo, Sonora. Vangtel offers Mexico shelter services to companies that occupy the call center, IT development and BPO markets, while the International Logistic Solutions Company (ILS) is a leading provider of supply chain services. The Offshore Group has recently initiated operations in Mexico's second largest city, Guadalajara. Sign up to receive Offshore Group RSS Feeds.

Website: http://www.offshoregroup.com

This press release was issued through 24-7PressRelease.com. For further information, visit http://www.24-7pressrelease.com.

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Mexican Aerospace Industry is Viewed from a European Perspective in Offshore Group Podcast

abell@charlotteobserver.com

A Monroe aerospace company plans to spend $2.5 million to expand its facility within the next year, a move that will add 10 jobs over several years, the city announced Wednesday.

Cyril Bath Co. had been considering expanding near Charleston to be closer to Boeing, a major customer, said Chris Plat, Monroes executive director of economic development and aviation.

Instead, the company decided to invest in new equipment and building improvements at its Monroe facility behind the Charlotte-Monroe Executive Airport.

Tuesday, the Monroe City Council approved a cash incentive grant of up to $52,000 for the company, spread out over a five-year period. No Union County or state incentives were part of the expansion plan, Plat said.

They are a very significant company for Monroe, Plat said. They provide direct product to the aerospace industry and are an engineering house.

Monroe has the highest geographic concentration of aerospace companies in North Carolina. Since 2002, the city has seen more than $500 million in investment from the aerospace sector.

Cyril Bath, which has a sister company in France, has 45 employees in Monroe and has been based in the city since 1979. It designs and manufactures machines used to form airplane skins, and also provides equipment for other industries.

Cyril Bath Company is excited about expanding its operations here in Monroe, company President Michael Zimmer said in a statement. This will solidify keeping the existing machines and work in Monroe.

The company said it expects to see significant growth from its work providing material for Boeings 787 planes.

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Aerospace firm plans $2.5M expansion in Monroe

Southampton, PA, USA. October 16, 2012 - The NASTAR Center, the premier commercial aerospace training and research center in the world, earned its second safety approval from the FAA for the center`s Falcon 12/4 Altitude Chamber. This safety approval meets the Crew Qualification and Training Requirements of 14 CFR 460.5 for Commercial Spaceflight and allows the NASTAR Center to conduct altitude chamber operations from zero (0) feet up to 100,000 feet to support commercial space launch activities, including research, testing, and training pre and post-flight. Rapid decompression events up to equalization altitudes of 30,800 feet are also approved.

This safety approval (SA 12-004) is the second received by NASTAR and one of only four that the FAA Office for Commercial Space Transportation has granted to date. In April 2010, NASTAR Center was the first recipient of an FAA safety approval for its Space Training System: Model 400 (STS-400), a high performance training simulation system capable of replicating the acceleration G forces, vibrations, and visuals associated with suborbital space flight.

The altitude chamber safety approval from the FAA adds to NASTAR`s credibility as a leading provider of Commercial Spaceflight Training. Parent company ETC`s CEO Mr. William Mitchell stated, "The addition of this FAA safety approval is a testament to the dedication NASTAR Center has to providing the best possible training experience for commercial space training participants. The ability of NASTAR Center to provide realistic demonstrations in a reduced oxygen environment is a vital part of any training program. We are proud that we have demonstrated to the FAA that, not only do we manufacture the best altitude chambers in the world, but also provide the best training possible while upholding the strict safety guidelines required by the FAA."

So far, the NASTAR Center has trained over 250 people for upcoming commercial spaceflights in its NASTAR Space Training Programs, including 115 future Virgin Galactic `Astronauts,` 45 scientists from Universities around the country who plan to conduct research on commercial space flights, and 70 Accredited Space Agents (ASA`s).

### About NASTAR Center The National AeroSpace Training And Research (NASTAR) Center is a unit of ETC. The NASTAR Center is a state-of-the-art aerospace training, research, and educational facility dedicated to improving the health and safety of humans in extreme conditions. NASTAR Center serves military aviation (fixed and rotary wing), civil aviation (fixed and rotary wing), space travel (government and private), and provides research support for component and human factors testing. For more information about NASTAR Center, visit http://www.nastarcenter.comor contact Brienna Henwood at Tel: 215-355-9100 x1504 or email bhenwood@nastarcenter.com.

About ETC Environmental Tectonics Corporation or ETC (ETCC) designs, manufactures and sells software driven products and services used to recreate and monitor the physiological effects of motion on humans and equipment and to control, modify, simulate and measure environmental conditions. These products include aircrew training systems (aeromedical, tactical combat and general), disaster management systems, sterilizers (steam and gas), environmental testing products and hyperbaric chambers and other products and services that involve similar manufacturing techniques and engineering technologies. ETC`s unique ability to offer complete systems, designed and produced to high technical standards, sets it apart from its competition. ETC is headquartered in Southampton, PA. For more information about ETC, visit http://www.etcusa.com or contact CFO Bob Laurent at Tel: 215-355-9100 ext. 1550 or email blaurent@etcusa.com.

Forward-looking Statements This press release contains forward-looking statements, which are based on management`s current expectations and are subject to uncertainties and changes in circumstances. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. The Company`s actual results could differ materially from those anticipated in forward-looking statements as a result of a variety of factors, including those discussed in "Risk Factors" included in the Company`s most-recent Annual Report on Form 10-K filed with the United States Securities and Exchange Commission. We caution you not to place undue reliance on these forward-looking statements.

The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: ETC via Thomson Reuters ONE HUG#1649289

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FAA Grants Second Safety Approval for Spaceflight to the National Aerospace Training and Research (NASTAR) Center:

The GKN Aerospace activity on booth C7127 at NBAA, in Orlando, FL, from 30th October to 1st November, 2012, will include its newly acquired business jet engine support activity as well as the companys performance enhancing winglets and aerostructures operations, its engine nacelles, market-leading cockpit and cabin windows and ice protection technology.

GKN Aerospace completed the acquisition of Volvo Aero on 1st October, 2012, creating GKN Aerospace Engine Systems - an operation that takes its place among the leading three aero engine component suppliers globally and includes an established OEM authorised facility. Since 1982, this facility has provided servicing for the complete range of Honeywell TFE731 turbofan engines - which equip aircraft such as the Bombardier Learjet, Dassault Falcon, Raytheon Hawker and Cessna Citation.

Expertise in business jet engine nacelles is represented on the NBAA booth by an inlet for the nacelle system for Honeywell Engines HTF7000 series turbofan engine. As well as manufacturing this multi-application nacelle system, GKN Aerospace undertakes full integration with the aircraft engine, delivering the complete HTF7500E propulsion system, podded into the nacelle, direct to the end customers airframe assembly line.

The companys NBAA display will also feature front windscreens supplied for King Air, Learjet and Cessna aircraft. Recently announced new customers for both cockpit and passenger cabin windows are the Global 7000* and 8000*. These ultra-long range business aircraft will also be equipped with the companys composite winglets and ailerons. A composite winglet, designed and manufactured by GKN Aerospace for another Bombardier aircraft, the CSeries regional jet, will form a centrepiece of the show display.

The extent of the companys expertise in composite design and manufacture is evident in the award, late in 2011, of a production contract for the composite, light-weight, bonded fuselage for the HondaJet advanced light business jet. This activity is supported by on-going development programmes aimed at bringing new composite damage detection and composite repair technologies to the market, to automate and speed the maintenance and repair process.

In metallics design and manufacture, the companys broad base of expertise has recently led to the award (June 11) of a contract to design and produce the metallic wing moveable surfaces for Dassault Aviations next generation business jet platform. A metallic business jet wing spar will be on display at NBAA.

In the drive to extend performance and endurance, effective de-icing is a significant concern. GKN Aerospaces electro thermal de-icing technology will be represented on the NBAA booth with the Boeing 787 wing de-icing slat structure. These are created by applying a Spraymat coating to composite component to form a lightweight, rugged smart structure. An electronic control system is then added, providing highly controllable electro-thermal ice protection.

Mike McCann, Senior Vice President, Business Development and Strategy at GKN Aerospace comments: Across all our areas of expertise we are finding growing application in the business aviation sector, where range, speed and reliability are the dominant drivers. The recent extension to our engine systems activity, with its associated MRO operation, only adds to the breadth and depth of our commitment to this sector.

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Bizjet Engine MRO Activity One Focus for GKN Aerospace at NBAA 2012

Rotomolding leader Granger Plastics expansion into the Aerospace Industry continues to grow.  On the heels of the recent launch of Granger Aerospace Products and the revolutionary LD-2 container reveal, comes yet another container offering of ease and savings to the Aerospace, Air Cargo and Airline Industries.  Granger Aerospace Products announces the addition of the LD-8 to its line of air ...

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Rotomolding Aerospace Division Expands Product Line

By Ross Marowits, The Canadian Press

MONTREAL - Canada's aerospace sector can create jobs at home by taking advantage of India's modernization and recent moves to liberalize its foreign ownership restrictions, says the head of the Canada-India Business Council.

The world's most populated democracy has been growing in the shadows of fellow Asian giant China and other regional powers. But with India investing billions of dollars a year in infrastructure, the country is expected to jump to become a top five aerospace country by 2020.

"I think there is a real opportunity for us," council president Rana Sarkar said in an interview from Toronto.

"They're not going to go with one supplier, they're going to go with a syndicate of suppliers and it's for us to be in that mix is an important thing."

Canadas aerospace and space sectors generate annual revenues of over $22 billion and employ about 80,000 Canadians in more than 400 firms across the country. Companies such as Bombardier (TSX:BBD-B.TO - News) and CAE Inc. (TSX:CAE.TO - News), along with engineering and construction firms are already pushing to take advantage of the growing demand for new aircraft, pilot training and airport construction.

But more potential remains untapped.

"In virtually every sector in the aviation business, this is sort of like the 1950s in North America. You're starting to see just an arithmetic growth," he said.

The opportunity could total $1 trillion. And even though Canada's share will be small, it's still significant compared to where Canada's sector has been historically, Sarkar said.

Canadian exports to India increased by 29 per cent last year to nearly $2.6 billion, with aircraft and spacecraft being the fourth-largest category accounting for almost nine per cent of total exports. Overall bilateral trade totalled $5.1 billion but is targeted to reach $15 billion by 2015.

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India presents growing opportunity for Canada's aerospace sector: trade advocate

October 14, 2012 in City, Idaho Companies are prepping for worldwide industrygrowth

Technician Jason Rice works on a Pratt & Whitney 127 turboprop engine at Empire Aerospace in Hayden on Oct.5. (Full-size photo)(All photos)

A growing cluster of aerospace companies in the Inland Northwest is reaping the rewards of a global surge in aircraftproduction.

Its also setting the table for a main course that could nourish the economy much like health care and education dotoday.

The ultimate prize would be an assembly or manufacturing plant employing a thousand or more workers. Its not a pipe dream when one considers the foundation in place in Spokane County and North Idaho, economic development leaderssay.

I think we are on the precipice of a real advance, said Rich Hadley, president and CEO of Greater SpokaneIncorporated.

In Spokane County alone, more than 80 direct and indirect suppliers for the aerospace industry employ more than 8,000 people, GSI officialsestimate.

North Idaho is building an aerospace cluster of its own, with three dozen companies employing about 650, state officials say. And North Idaho College recently received a $2.97million federal grant to train people for aerospacework.

The region can tout an attractive workforce size, lower labor costs than the Puget Sound area, new investment in education and training, large chunks of land ready for development, airports eager to court new business, and growing collaboration between establishedcompanies.

Originally posted here:

Inland Northwest aerospace poised for takeoff - Sun, 14 Oct 2012 PST

An initiative announced Friday aims to solve an ironic problem with Ohios economy in spite of high unemployment rates there are more than 10,000 unfilled jobs in the states aerospace industry.

Wright State University will be home to the Aerospace Professional Development Center, a first-of-its-kind outreach initiative in Ohio to train, educate and attract skilled workers into the ranks of the aerospace industry, officials said Friday.

Ohio has more than 10,700 unfilled jobs in the aerospace and defense-related industries, according to state Sen. Chris Widener, R-Springfield.

The Aerospace Professional Development Center will close that gap, Wright State University President David R. Hopkins said at a press conference Friday that unveiled the initiative.

The university will spend $8 million in state funding on the initiative gained through casino license fees.

The focus on jobs arrives at a time when other states, particularly Georgia and Alabama, have competed aggressively to attract aerospace work from Ohio, Widener said.

Our claim today is you better step up because you cant have our aerospace industry jobs, he said.

The aerospace and defense sector counts 100,000 workers and 1,200 companies in Ohio alone, officials said.

Aerospace firms face an aging workforce with one estimate that about half of the employees at the top 20 firms nationwide will be eligible for retirement by 2016, according to an Aerospace Industries Association official.

At the same time, economic development leaders have pinned their hopes on the Miami Valley becoming a leader in the burgeoning unmanned aerial vehicle industry.

Link:

Initiative to help solve unfilled jobs in aerospace industry

Samual Evans punched Matthew Edmonds to the ground where he hit his head and became paralysed Evans receives less than three years in prison which judge conceded was 'pathetic' Mr Edmonds arrived in court in his wheelchair to hear the sentence

By Martin Robinson

PUBLISHED: 05:51 EST, 12 October 2012 | UPDATED: 10:37 EST, 12 October 2012

Paralysed for life: Engineer Matthew Edmonds arrived at court to see Samuel Evans sentenced for an attack that left him in a wheelchair

An aerospace engineer has been left paralysed from the neck down and is facing life in a wheelchair after he was punched in the street by drunken yob Samuel Evans.

Matthew Edmonds, 33, now only has some limited movement in his arms as a result of the attack, Gloucester Crown Court heard.

Thug Evans was already subject to a suspended jail term for a previous assault when he lashed out at Mr Edmonds, causing him to fall and hit his head on a concrete floor.

The result of the punch was devastating for Mr Edmonds, a bachelor who worked as an aerospace testing engineer, the court was told.

Mr Edmonds was helped into court in his wheelchair so he could see Evans, of no fixed address, sentenced to a total of 34 months in jail.

Evans, of Stroud, had admitted inflicting grievous bodily harm on Mr Edmonds on March this year.

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Aerospace engineer, 33, left paralysed from the neck down after street attack by drunken thug

An aerospace professional development center will open at Wright State University to fill the gap of employers searching for hard-to-find qualified employees in an industry losing large chucks of its workforce to retirements, officials said.

The center will open at the Wright State Research Institute this month, said state Sen. Chris Widener, R-Springfield.

Its going to be a pretty robust, dynamic center, he said. We felt like employers tell us we have jobs, but we cant find the people properly trained and qualified.

Wright State will work with aerospace and defense contractors and the government on the initiative. A formal announcement is expected today.

Widener said despite fears of automatic, across-the-board defense cuts next January, certain kinds of work will continue to be a priority in military aerospace. Ohio Aerospace Industry President Michael L. Heil said commercial aviation, meanwhile, faces explosive growth.

The aerospace industry faces potential employer shortages as baby boomers become eligible for retirement and fewer younger workers enter the field. More than half the employees at the top 20 aerospace firms are eligible to retire by 2016, said Susan Lavrakis, Aerospace Industries Association workforce director in Arlington, Va.

Thats an awful lot of expertise to replace in any time frame, said Dan Stohr, an AIA spokesman.

Ohio had 15,992 workers in the aerospace industry in March with an average weekly wage of $1,796, according to the latest figures from the Bureau of Labor Statistics. At Wright-Patterson Air Force Base, however, the states largest single site employer had just over 29,000 employees at the end of 2011.

Aerospace jobs often require a science, technology, engineering or math background and the ability to get a U.S. security clearance to work on national security-related programs. In the Dayton region, theres a shortage of systems, radio frequency and software engineers and cyber-security experts, but it has a fairly healthy supply of workers in the sensors, advanced materials and manufacturing sectors, said Kerry D. Taylor, director of the Ohio Aerospace Hub of Innovation & Opportunity. The new center could help bridge the skills gap in aerospace, he said.

Finding qualified blue and white collar workers is a common refrain among aerospace employers, Heil said.

Excerpt from:

Aerospace workforce center will open at Wright State

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The Aerospace Composites Market 2012-2022