TP Aerospace Expands In Orlando – Aviation Week

TP Aerospace commenced operation at its new MRO facility in Orlando, Florida in late 2019 in a move to add further capacity and better position it to service customers in Central and Latin America as well as the U.S. east coast.

The 60,000 sq. ft hangar is around six miles from Orlando International Airport, was given the greenlight by the city authorities in late 2019. Its primary functions will be in wheel and brake repairs and overhauls, in addition to acting as a location to storeserviceable wheel and brake inventory for trading for aircraft ranging from ATR 42 regional aircraft to Boeing 777 widebodies.

We had a previous location already located in Orlando which was small and outdated, so this new facility is an upgrade from our previous location with more room and modern equipment, says Chris Carter, COO of TP Aerospaces Americas business. Orlando is a strategic location because we can service the entire East Coast as well as the Caribbean and Latin American countries.

The Orlando facility will also serve as Denmark-based TP Aerospaces Americas headquarters. In the U.S., it also operates a repair center in Las Vegas.

Carter says that during the building of the facility, it worked closely along the FAA regulator. Everything from storage racks, to work station layout and final inspection plans were provided in real time as we were going through it, he says. Feedback was taken into consideration along the way, so when it came to final approval there were no surprises.

TP Aerospace operates in 12 locations across the world, 10 of which are MRO workshops. It has embarked on a growth plan, which most recently saw approval for a new facility in Moscow, Russia last month.

The expansion follows the addition of its first UK MRO center close to East Midlands Airport near Derby in April 2019. The facility has volume for 10,000 units of repair and overhaul on aircraft wheels and brakes.

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Ball Aerospace To Hire 1000 Workers As Business Continues To Rocket – Aviation Week

Ball Aerospace To Hire 1,000 Workers As Business Continues To Rocket | Aviation Week Network

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Credit: NASA

Ball Aerospace expects to hire around 1,000 new employees in 2020, following similar annual increases in recent years, executives said Feb. 6.

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Key supplier to aerospace industry has 75% revenue increase – Aerospace Manufacturing

Zoro announced that it has increased its revenue by more than 75% during 2019, delivering more than 360,000 items during last year.

The company offers a one-stop-shop for over 300,000 products in industrial consumables and equipment with free next day delivery throughout the UK mainland on many of its lines.

From launching its trade accounts in summer 2018 to the engineering industry, Zoro has rapidly increased its business customer base.

Marcus Nelson, managing director of Zoro UK, said: If you are an engineer or are working in an industrial SME and need that critical tool the next day, then Zoro will deliver it to you. And its not just tools we have over 300,000 products, from stationery to beverages which the small engineering company needs.

We are really excited to be able to offer such a wide product range to the aerospace supply chain. So, try us out you wont find anyone more competitive on pricing, delivery or expert knowledge.

Almost 50% of Zoros customers are now businesses, rather than sole traders, and the company is using digital innovation to save companies time and money.

During 2019, Zoro launched an automatic replenishment service for the engineering industry. This feature reduces the amount of time spent manually reordering products, minimising human error, which ensures smooth production.

When purchasing through Zoros order subscription service, customers can decide how frequently they would like to receive products by selecting a monthly, weekly or bi-weekly option. Customers can also set a start and end date for their subscription, or schedule a single order on a specific date of their choice.

http://www.zoro.co.uk

Michael Tyrrell

Digital Coordinator

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Industry Analysis: Should You Buy Raytheon Company (RTN) in Aerospace & Defense? – InvestorsObserver

Raytheon Company (RTN) is near the top in its industry group according to InvestorsObserver. RTN gets an overall rating of 75. That means it scores higher than 75 percent of stocks. Raytheon Company gets a 86 rank in the Aerospace & Defense industry. Aerospace & Defense is number 43 out of 148 industries.

Click Here to get the full Stock Score Report on Raytheon Company (RTN) Stock.

Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as good for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 75 means the stock is more attractive than 75 percent of stocks.

These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.

Raytheon Company (RTN) stock has gained 0.78% while the S&P 500 is down -0.54% as of 2:43 PM on Friday, Feb 7. RTN is higher by $1.78 from the previous closing price of $228.53 on volume of 1,576,416 shares. Over the past year the S&P 500 is higher by 22.97% while RTN is higher by 30.80%. RTN earned $11.93 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 19.31.

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Privately-owned rocket testing comes to Australia – Aerospace Testing International

Australia is hosting its first international rocket testing program through a partnership with UK company Raptor Aerospace, Queensland-based launch provider Black Sky Aerospace.

The test program at Beyond the Blue Aerospaces sub-orbital launch facility just outside of Goondiwindi in Queenslands outback is planned to start later this month. The Raptor Aerospace teams campaign to test and qualify their own launch vehicles and systems will be Australias first privately operated, international rocket motor test and sounding rocket launch campaign.

Land-based rocket testing, where test engineers want to recover the launch systems for analysis, is less difficult in the remote parts of Australia than in the UK because of the lower population density and less busy airspace. Beyond the Blue Aerospace is also able to provide a large launch and recovery area.

The project follows the UK Space Agency and Australian Space Agency recent announcement of a partnership designed to open up new trade opportunities.

Ben Jarvis, CEO of Raptor Aerospace, said, Whilst the development of the new space-ports in the UK will ultimately allow some of our commercial activity to occur on home soil, many customer payloads and test flights, where recovery of sensitive electronics after flight is critical, will need a land range to fly from.

Black Sky Aerospace have offered us access to a suitable inland site and invaluable expertise that we hope will lead to an ongoing commercial collaboration that forwards space access in both countries.

Blake Nikolic, CEO and founder of Black Sky Aerospace, said, Australia is playing an increasing role in the worlds space ambitions and we are playing a significant role in enabling access to an efficient, cost-effective service

This campaign with Raptor Aerospace will drive additional export opportunities of Black Sky Aerospaces technology, whilst solidifying Australias position as the place to conduct research and testing, before undertaking expensive orbital launches, continued Nikolic.

Raptor Aerospace provides practical training, simulation and small launch vehicles to the space industry and are developing a launch service for small payloads it intends to offer next year. Black Sky Aerospace is an aerospace manufacturer and launch provider based in Australia. Beyond the Blue Aerospace is a not-for-profit organization created to facilitate test rocket launches.

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Coronavirus Impacts Aerospace Manufacturing In China – Aviation Week

Coronavirus Impacts Aerospace Manufacturing In China | Aviation Week Network

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Credit: Airbus

FRANKFURTThe coronavirus outbreak is beginning to affect aerospace manufacturing with several Western manufacturers temporarily closing down facilities in China.

Most importantly, Airbus decided to extend the Chinese New Year holidays for workers in its Tianjin plant and therefore has stopped final assembly of A320 family aircraft at the site. Tianjin is currently producing six aircraft per month, 10% of Airbus global monthly single-aisle production rate of 60.

Airbus China is observing Chinese government requirements for staff to work from home and is facilitating with IT equipment so employees from all locations, including Tianjin, do not need to travel to work where possible, the company said in a statement. With regards to the business impact, China domestic and worldwide travel restrictions are posing some logistical challenges. The Tianjin Final Assembly Line facility is currently closed. Airbus is constantly evaluating the situation and monitoring any potential knock on effects to production and deliveries and will try to mitigate via alternative plans where necessary.

The disruption could not come at a worse time for Airbus as it is still far from having recovered from production delays incurred at its main single-aisle site in Hamburg, Germany. Wizz Air CEO Jzsef Vradi told Aviation Daily that its A321neos are routinely arriving six months behind schedule as a result, severely impacting the airlines network planning. Airbus CEO Guillaume Faury said in late 2019 that it will take Airbus into 2021 to get back onto a reliable schedule.

Airbus plans to increase output at its Mobile, Alabama assembly line to seven per month in 2021 and global production to 63 at the same time.

Safran Group is also affected. The company has extended vacations for its 2,500 workers in China until the beginning of next week, for now. Boeing has a 737-completion center in Zhoushan, but that is already impacted by the MAX production halt.

Based in Frankfurt, Germany, Jens leads Aviation Weeks global commercial coverage. He covers program updates and developments at Airbus, and as a frequent long-haul traveler, he often writes in-depth airline profiles worldwide.

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We Talk Giant V-Shaped Airships, Space, And Phoenix Lights With JP Aerospace’s Founder – The Drive

Unfortunately, a DoD document from 2012 states that the test flights of the NSMV that JP Aerospace built for the Air Force Space Battlelab were canceled due to issues with the craft's propulsion system and failed launches. In Floating to Space, John Powell writes that the 175-foot Ascender built for the NSMV project was destroyed "during a high wind accident while being prepared for its first flight." The Air Force terminated the program in 2005.

While lighter-than-air craft dont get the attention that traditional high-performance aircraft do, they nonetheless remain a vital subject of aerospace research within the Department of Defense, according to a 2012 report prepared by the Rapid Reaction Technology Office, part of the Office of the Assistant Secretary of Defense for Research and Engineering. The report discussed airship technologies that the Department of Defense's laboratories and contractors were developing or had developed at the time that enable viable lighter-than-air vehicles to contribute to our short, mid, and long term strategy for national security and defense and offered advanced intelligence, surveillance, reconnaissance, and communications capabilities through integrated sensor payloads and on-board processing for real-time intelligence and post-mission forensics.

The report also noted that advances and investment in aerostat and airship technology are also being made in the private sector and that the DoD is monitoring this progress and will continue to look for opportunities to advance our objectives through commercially available technology. In addition to JP Aerospace, the report discussed recent airship platforms designed and constructed by the U.S. Air Force, U.S. Navy, U.S. Army, the Defense Research Projects Agency (DARPA), NASA, Lockheed Martin, Raytheon, and other aerospace contractors.

A 2013 report that the Rapid Reaction Technology Office prepared added that "as the U.S. engaged in conflicts where airspace was less contested, such as Iraq and Afghanistan, interest increased in the development and use of LTA [lighter than air] vehicles for multiple purposes." Forward operating bases and small tactical units used tethered aerostats for persistent intelligence, surveillance, and reconnaissance (ISR) during Operation Iraqi Freedom and Operation Enduring Freedom, demonstrating the fact that airships and aerostats still have a use on the battlefield, especially low altitude ones. America's potential foes have followed suit in recent years.

While the Department of Defense still employs lighter-than-air vehicles primarily for ISR missions, many DoD laboratories are working towards developing hybrid airships for logistic airlift missions. As the armed forces continue their pivot towards space, companies like JP Aerospace that are willing to explore the possibilities of lighter-than-air spaceflight and find new paradigms will be increasingly important.

There is also great potential for replacing or augmenting communications satellite networks with LTA craft. This could be a key area of research and development for the DoD as space becomes increasingly contested and new issues arise such as orbital pollution. There is already precedent in the commercial sector for such LTA-based communication networks, such as the Loon project launched by Google's parent company Alphabet, Inc. Loon uses high-altitude balloons flying up to 11 miles up in the stratosphere to provide wireless broadband internet to those on the surface below.

With all this in mind, lighter-than-air flight is undergoing something of a modern renaissance, but the leap from more terrestrial uses to taking payloads into space certainly signifies the apex of imagination when it comes to what is the oldest form of non-organic flight. We can only hope that JP Aerospace continues to push the boundaries of airship-to-orbit technology so that maybe one day we all may be able to float to orbital space stations aboard massive V-shaped airships.

Contact the editor: Tyler@thedrive.com

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We Talk Giant V-Shaped Airships, Space, And Phoenix Lights With JP Aerospace's Founder - The Drive

When ballistic protection is a must – Aerospace Manufacturing

Permali Gloucester is a world leader in the manufacture of composite materials for the aerospace and defence markets, Ian Parker hears more about the companys ballistic protection solutions.

Military helicopters are often tasked to go where no other military vehicle could venture. They are excellent for putting personnel and equipment right into the action and for getting them out again. But they are vulnerable to attack by weapons including small arms. Complete protection is impossible, but it is possible to go some way towards it with ballistic protection material on some parts of the aircraft.

In the Vietnam war, the US lost about 5,000 helicopters to small-arms fire. This is defined as munitions containing projectiles that are 0.5 inches or less in calibre and no longer than approximately 4 inches. They are fired from various sizes of weapons, such as pistols, carbines, rifles, automatic rifles, shotguns, and machine guns.

Permalis water jet cutting in action

For example, last June a French Aerospatiale SA341 Gazelle observation and light attack helicopter crashed during operations in North Africa. The French Army Light Aviation (Aviation Lgre de LArme de Terre: ALAT) helicopter was reportedly hit by small-arms fire while flying near the border of Mali and Niger on Operation Barkhane. All three personnel onboard were immediately rescued.

Following a controlled crash landing, the two pilots were strapped to the landing gear of an Airbus Tiger attack helicopter. The third person, a special forces soldier, destroyed the damaged Gazelle before being rescued in another helicopter. France has been engaged in a counter-terrorism campaign throughout the Sahel-Sahara region of northern Africa since 2012, with helicopters supporting the core of combat and air mobility operations.

Helicopters are expensive and complex and their vulnerability has led to controversy in recent years. The downing of them with rounds less than half an inch in diameter does not sit well with the military top brass, the bill payers or the people on board. These days, ballistic protection is a must on military rotorcraft.

Making material gains

The UKs Permali is an expert in this and recently won a 2 million contract to supply ballistic protection to the Royal Navys Commando Merlin Mk4 helicopters. The contract is with Leonardo, which builds the rotorcraft, and covers 12 ship sets as well as some spares. It will keep Permali busy till the end of March and result in some six new jobs. So, what is the protection made from and how is it produced?

The core functional material is an ultra-high molecular weight polyethylene composite effectively polyethylene fibres arranged in multiple layers and cross-plied, begins company special projects director, Nick Baird. They are processed at high pressure and temperature using a multi-daylight platen press. This consolidates the material into a panel. The material is Honeywell Spectra Shield, although Permali also uses the competing DSM Dyneema product for other projects.

Permali then bonds on GRP skins to provide impact and wear resistance. The company uses a water jet cutter to create the various panel sizes and shapes. They are nested together on the pressed panels so that material utilisation is as high as possible. Nesting software is used to get the most efficient arrangement. The material is expensive, so waste is kept to a minimum. The edges are sealed and various inserts are added for attachment points to the aircraft.

Up to this point, manufacturing is machine intensive, but then it becomes more labour intensive with the finishing operations sealing the edges, boding in inserts, painting, etc.

Nick Baird, special projects director at Permali, holding a panel for a Merlin Mk4

Permali has supplied previous generations of the Merlin with similar kits as well as RAF Pumas and Chinooks. The company has also supplied Boeing for some of its export customers of the Chinook.

The protection is modular, allowing different role fits according to mission. It can add up to around 450kg to the weight of the aircraft, but Permali is not allowed to say what calibre of round the panels will stop. Thats classified. The panels are about a third of the weight of steel ones for the same level of protection.

The fibres have very high tensile strength and the faster they are stretched, the stronger they get. When the round hits, the panel deforms and absorbs the energy.

We are delighted to continue our close relationship with Leonardo Helicopters, and are honoured to be entrusted with the protection of British military personnel. The majority of the UKs Joint Helicopter Command aircraft rely on Permalis composite ballistic protection expertise, including the Chinook, Puma and Merlin fleets.

The strongest link

Ultra-high-molecular-weight polyethylene is a type of polyolefin. It is made up of extremely long chains of polyethylene, which all align in the same direction. It derives its strength largely from the length of each individual molecule (chain).

The bonds between the molecules are relatively weak for each atom of overlap between the molecules, but because the molecules are very long, large overlaps can exist, giving the ability to carry larger shear forces from molecule to molecule. Each chain is bonded to the others with so many Van der Waals bonds that the whole of the inter-molecular strength is high. In this way, large tensile loads are not limited as much by the comparative weakness of each Van der Waals bond.

When formed into fibres, the polymer chains can attain a parallel orientation greater than 95% and a level of crystallinity from 39% to 75%. In contrast, Kevlar derives its strength from strong bonding between relatively short molecules.

The need for ballistic protection on military helicopters is clear, but it may be increasingly applicable to civil and para-public helicopters in areas where guns are numerous. The panels are positioned mainly to protect the occupants so flooring and doors are frequently involved, but other vital systems on the rotorcraft may also be protected as a round through a fuel line or electrical system can lead to an aircraft being lost.

Helicopters are often on the front line and are very much in harms way aircraft. Ballistic protection is one of several techniques for aiding their survival.

http://www.permali.co.uk

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Advanced Materials Push the Envelope in Aerospace Assembly – Assembly Magazine

Materials are important in every industry. But, theyre critical to aerospace manufacturers. If companies select the wrong material for a particular application, it can have catastrophic consequences.

Commercial and military aircraft are subjected to a wide variety of harsh conditions, such as atmospheric forces, temperature extremes and ultraviolet rays. Materials become even more complex and challenging when spacecraft are involved.

Aerospace engineers face many unique challenges. For instance, planes experience temperature changes between 20 and -40 C every time they take off and land, with huge differences in pressure and humidity. Materials need to withstand water condensing and freezing inside fuselages. They also need to endure lightning strikes and electromagnetic interferences.

A century ago, first-generation aerospace engineers were busy developing metal airframes and wings to replace flimsy wood fuselages and fabric-covered wings. As aircraft climbed higher and faster, aluminum eventually became the go-to material.

Today, aluminum is still widely used in aerospace applications, but advanced carbon-fiber composites and superalloys now captivate the attention of engineers scrambling to increase efficiency, optimize performance and reduce weight.

Replacing heavier materials is easier said than done. It requires the development of viable alternatives with lower densities and higher strengths. Many aerospace engineers are scrambling to find new production processes and assembly techniques to cost-effectively join dissimilar materials.

Materials use in the aerospace industry is extremely complex, because manufacturers must often support legacy programs at the same time that they are developing new aircraft, says George Nick Bullen, technical fellow at Northrop Grumman Aerospace Systems.

For instance, in the defense sector, companies are typically engaged in aircraft modifications and updates that rely on traditional materials, explains Bullen. At the same time, manufacturers are constantly working on new programs that demand cutting-edge products.

Once materials are qualified, you generally dont change, claims Bullen. Therefore, older military aircraft, such as the F-18, use a mix of aluminum, composites and titanium. But, on the latest aircraft designs, composites are increasingly the dominant material. This recent trend has enabled engineers to produce airframes without the need for numerous fasteners, which is a big cost contributor because of issues related to drilling, filling and countersinking holes.

When fasteners are used to join traditional materials, there are more holes to drill and fill. By bonding a composite structure together, aerospace engineers eliminate those headaches.

Fasteners create numerous issues relating to tolerance and destacking, Bullen points out. They also contribute to lost-time injuries and defects.

However, composites have limits, warns Bullen. For instance, all hot spots, such as engine-fuselage interfaces or engine exhaust points, must be metal. Wing attach points also still contain a lot of metal, due to the high levels of stress that occur there.

As the aerospace industry continues to develop new types of aircraft ranging from hypersonic missiles to battery-powered urban air mobility vehicles, lightweight materials will ultimately determine their success or failure.

Flight systems are becoming more and more high-speed, even going into hypersonic systems, which are five times the speed of sound, says Richard Liang, director of the High-Performance Materials Institute at Florida State University. When you have speeds that high, theres more heat on a surface. Therefore, we need a much better thermal protection system.

The world of aerospace increasingly relies on carbon-fiber reinforced polymer composites to build the structures of satellites, rockets and jet aircraft, explains Liang. But, the life of those materials is limited by how they handle heat.

Liang and his colleagues have been experimenting with using carbon nanotubes to develop a new type of heat shield that protects hypersonic aircraft.

Existing heat shields are often very thick compared to the base they protect, Liang points out. [Our new design] lets engineers build a very thin shield, like a sort of skin that protects the aircraft and helps support its structure.

Integrating graphene and related materials into fiber-reinforced composites has great potential to improve weight and strength, and [it can] help overcome bottlenecks limiting the application of these [materials] in planes, claims Vincenzo Palermo, vice director of the Graphene Flagship, a European organization that is working with manufacturers such as Airbus.

Graphene-integrated composites are constructed by introducing thin graphene sheets, a few billionths of a meter thick, into hierarchical fiber composites as a nanoadditive that improves the materials mechanical properties.

Graphenes high aspect ratio, high flexibility and mechanical strength enable it to enhance the strength of weak points in these composites, such as at the interface between two different components, explains Palermo. Its tunable surface chemistry also means that interactions with the carbon fiber and polymer matrix can be adjusted as needed.

The fiber, polymer matrix and graphene layers all work together to distribute mechanical stress, resulting in a material with improved strength.

Whether the goal is to achieve lower weight, increase fatigue life or enable higher heat resistance, material advancements are critical to increasing aircraft performance, says Michael Eff, applications engineer at EWI. However, new materials come with a wealth of new challenges.

According to Eff, the biggest development in aerospace materials during the last five years has been the growing use of powder-based alloys and the joining of carbon-fiber composites to metals such as titanium.

Today, Eff says more aerospace manufacturers are looking at ceramic matrix composites (CMCs) and metal matrix composites (MMCs). CMCs offer elevated temperature options over conventional alloys, he explains. MMCs offer a weight savings without sacrificing performance.

CMCs are ideal for jet engine applications. They are made of coated ceramic fibers surrounded by a ceramic matrix. They are tough, lightweight and capable of withstanding temperatures 300 to 400 F hotter than metal alloys can endure.

A critical issue for wider use of CMC is the development of cheap, user-friendly joining methods to assemble large components into more complex structures, says Alber Sadek, technology lead for materials engineering at EWI. [That requires] joint properties comparable to base materials, including good mechanical strength, oxidation and corrosion resistance, good thermal shock resistance and leak-tight joints.

In many elevated temperature applications using CMC, there is a requirement to join them to other materials, such as metals, adds Sadek. Brazing is a highly effective joining technique for many ceramic-metal joint systems. However, the differences in coefficients of thermal expansion between CMC and metal require specialized approaches to accommodate the mechanical stresses introduced by joining.

In addition to brazing, Sadek says other CMC joining methods include diffusion bonding, reaction forming, microwave joining, electron beam joining and selective area laser deposition.

The mismatch in material properties and metallurgical incompatibility makes joining CMCs and MMCs difficult, warns Eff. Carbon fibers are difficult to join to any material, as there isnt much experience with the materials. Joining MMCs to traditional aluminum alloys is difficult, because fusion techniques dont provide the desired mechanical properties.

Interfaces have always been the Achilles heel for any system of materials or composite concepts, adds Timothy Bunning, Ph.D., chief scientist in the materials and manufacturing directorate at the Air Force Research Laboratory. Novel [manufacturing and design] tools are being explored.

[Were also exploring] nondestructive evaluation tools to certify structural performance in dissimilar materials, such as polymer matrix, ceramic matrix and metal-ceramic composites, says Bunning. The convergence of automation, big data and high efficiency computational tools is allowing for the exploration of systems with many elements via a smart, efficient, calculated manner vs. the historical empirical test methodology.

The method of materials discovery and design is becoming digital, and will exponentially accelerate as diverse experimental techniques, modeling approaches and databases are integrated into a future materials cloud, predicts Bunning.

During the past two decades, carbon-fiber composite has transformed aerospace manufacturing. The lightweight material is now found in a wide variety of applications, including fuselages, wings, bulkheads, overhead storage bins and other components.

Composites are here to stay, claims Bullen. I dont see any new materials emerging during the next 15 to 20 years. In fact, were just beginning to realize the benefit of fibers.

For instance, aerospace engineers have been learning how to orient fibers to achieve flexible control surfaces that could eventually replace traditional wing flaps, explains Bullen. Instead of mechanical, linear-activated control surfaces, fiber is enabling them to experiment with wing warping.

However, composites still present many unique challenges to aerospace engineers.

We can age-test aluminum and titanium, but theres no way to age-test composites, which tend to have a rapid failure rate, Bullen points out. And, although adhesive bonding is widely used to join composites, engineers still default to fasteners when assembling dissimilar materials.

In addition, bonded wings cannot handle the atmospheric and temperature extremes found at high altitudes, says Bullen. Aerospace engineers are always looking for composites that can withstand higher temperatures. Material properties have been improving, but not by leaps and bounds.

Aerospace manufacturers also face many pesky issues when creating molds to make components.

When you lay up a composite part, thickness can vary by 5 percent, laments Bullen. That creates big challenges when you try to mate airflow surfaces that dont have gaps or steps. In fact, thats the big benefit of using aluminum; you always get smooth surfaces and tolerances.

But, there have been some recent breakthroughs in the variability of composite materials that hold promise, says Bullen. For instance, engineers at Vanderbilt University are working on some interesting ways to maintain consistency.

Another recent innovation that is improving composite manufacturing is Ascent Aerospaces HyVarC (Hybrid InVar and Composite mold) process. Its a cost-effective, light weight, short lead time process for producing layup tooling for prototype and development applications.

HyVarC combines a thin Invar backup structure and facesheet with a bonded, high-temperature composite working surface, says Marisa Bennett, marketing manager at Ascent Aerospace. The resulting tool is 50 percent lighter with a 20 percent shorter lead-time than a traditional Invar layup mold, while maintaining the same superior vacuum integrity and dimensional precision.

Elements of HyVarC tools lend themselves to reduced cost and lead-time, as well as increased tool flexibility, claims Bennett. Cost and lead-time are always key drivers in the tooling market, but one of the biggest customer impacts that weve seen is flexibility and reconfigurability.

A major factor in aircraft development cycles is the tooling lead-time and the impact of surface changes on that tooling, explains Bennett. For some programs, ordering an entirely new tool is either too expensive or takes too much time, which can hamper the process in many ways.

At half the thickness of a traditional mold, the thin Invar backup structure takes less time to weld and manufacture. It serves as both the master mold and the deliverable mold, eliminating the time and cost of creating a second composite backup structure. Lead times can be reduced by at least 20 percent compared to an all-Invar or all-composite tool.

The machined composite working surface offers better dimensional accuracy than net-mold composite tooling, while the Invar structure provides vacuum integrity and durability, adds Bennett. A part fabricated on a HyVarC mold is bagged to the Invar face sheet, which provides vacuum reliability that is independent of the composite surface and does not degrade with age or thermal cycling.

We have seen a steady increase in the use of HyVarC tooling by our customer base, with over 40 tools built and delivered since this product hit the market, says Bennett. Our shop has fabricated a variety of shapes and sizes, from small, complex fairings and access panels to large wing skins and fuselage components.

HyVarC tools are now capable of having any feature of a full production tooling system, claims Bennett. That includes edge bars, drilling features and an integral vacuum to simplify part manufacture.

More importantly, weve developed a bismaleimide composite working surface that is ideal for higher temperature (425 F or higher) operations, notes Bennett. This surface is more robust than the standard epoxy option and brings the HyVarC solution to production programs, as well as development ones.

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Advanced Materials Push the Envelope in Aerospace Assembly - Assembly Magazine

Key Supplier to Aerospace Industry Has 75 Percent Revenue Increase in 2019 – AviationPros.com

Zoro offers a one-stop-shop for over 300,000 products in industrial consumables and equipment with free next day delivery throughout the GB mainland on many of its lines. The company has announced that it has increased its revenue by more than 75 percent during 2019, delivering more than 360,000 items during last year.

From launching its trade accounts in summer 2018 to the engineering industry, Zoro has rapidly increased its business customer base.

Marcus Nelson, managing director of Zoro UK, said: If you are an engineer or are working in an industrial SME and need that critical tool the next day, then Zoro will deliver it to you. And its not just tools we have over 300,000 products, from stationery to beverages, that the small engineering company needs.

We are really excited to be able to offer such a wide product range to the aerospace supply chain. So, try us out you wont find anyone more competitive on pricing, delivery or expert knowledge.

Almost 50 percent of Zoros customers are now businesses, rather than sole traders, and the company is using digital innovation to save companies time and money.

During 2019, Zoro launched an automatic replenishment service for the engineering industry. This feature reduces the amount of time spent manually reordering products, minimizing human error, which ensures smooth production.

When purchasing through Zoros Order Subscription service, customers can decide how frequently they would like to receive products by selecting a monthly, weekly or bi-weekly option. Customers can also set a start and end date for their subscription, or schedule a single order on a specific date of their choice.

Chris Matenaers, marketing director at Zoro said: Many businesses reorder the same supplies on a regular basis. Order Subscription ensures much-needed items will be delivered when the business needs them without having to remember to place the order. This means no delays in production due to downtime.

We pride ourselves on bringing new innovative functionalities to the B2B market and our new Order Subscription service will enhance our customers experience and makes conducting business with Zoro seamless.

For more information visit http://www.zoro.co.uk.

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Key Supplier to Aerospace Industry Has 75 Percent Revenue Increase in 2019 - AviationPros.com

Can We See Significant Insider Ownership On The Magellan Aerospace Corporation (TSE:MAL) Share Register? – Simply Wall St

The big shareholder groups in Magellan Aerospace Corporation (TSE:MAL) have power over the company. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. I generally like to see some degree of insider ownership, even if only a little. As Nassim Nicholas Taleb said, Dont tell me what you think, tell me what you have in your portfolio.

Magellan Aerospace is not a large company by global standards. It has a market capitalization of CA$820m, which means it wouldnt have the attention of many institutional investors. Taking a look at our data on the ownership groups (below), its seems that institutions are noticeable on the share registry. Lets delve deeper into each type of owner, to discover more about Magellan Aerospace.

View our latest analysis for Magellan Aerospace

Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once its included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.

Magellan Aerospace already has institutions on the share registry. Indeed, they own 5.7% of the company. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. Its therefore worth looking at Magellan Aerospaces earnings history, below. Of course, the future is what really matters.

Magellan Aerospace is not owned by hedge funds. Our data shows that Royce & Associates, LP is the largest shareholder with 1.7% of shares outstanding. Next, we have Invesco Ltd. and Dimensional Fund Advisors L.P. as the second and third largest shareholders, holding 0.7% and 0.6%, of the shares outstanding, respectively.

Our studies suggest that the top 9 shareholders collectively control less than 50% of the companys shares, meaning that the companys shares are widely disseminated and there is no dominant shareholder.

Researching institutional ownership is a good way to gauge and filter a stocks expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.

It seems that insiders own more than half the Magellan Aerospace Corporation stock. This gives them a lot of power. So they have a CA$638m stake in this CA$820m business. Most would be pleased to see the board is investing alongside them. You may wish todiscover (for free) if they have been buying or selling.

The general public holds a 16% stake in MAL. While this group cant necessarily call the shots, it can certainly have a real influence on how the company is run.

While it is well worth considering the different groups that own a company, there are other factors that are even more important. Case in point: Weve spotted 1 warning sign for Magellan Aerospace you should be aware of.

If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.

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Can We See Significant Insider Ownership On The Magellan Aerospace Corporation (TSE:MAL) Share Register? - Simply Wall St

Black Sky Aerospace to help the UK’s Raptor Aerospace conduct launch tests in Australia – SpaceTech Asia

Queensland-based launch provider, Black Sky Aerospace, is facilitating UK company Raptor Aerospaces rocket motor test and sounding rocket launch campaign, to be conducted in Australias Beyond the Blue sub-orbital launch facility. This will be Australias first privately operated, international rocket motor test and sounding rocket launch campaign.

Scheduled to take place mid-February 2020, the Raptor Aerospace team intends to undertake a campaign where they can first test and space qualify their own launch vehicles and systems.The Beyond the Blue Aerospace facility they will use is located just outside of Goondiwindi in Queenslands outback.

According to Black Skys press release, Raptor has chosen to conduct their tests in Australia, rather than in the UK, due to practical reasons the UK has a dense population and a busy European airspace, making land-based rocket launches and systems recovery very difficult.

Raptor CEO, Ben Jarvis, said Whilst the development of the new space-ports in the UK will ultimately allow some of our commercial activity to occur on home soil, many customer payloads and test flights, where recovery of sensitive electronics after flight is critical, will need a land range to fly from.

Jarvis continued, Black Sky Aerospace have been a great partner in our development so far in offering us access to a suitable inland site and invaluable expertise that we hope will lead to an ongoing commercial collaboration that forwards space access in both countries.

CEO and founder of Black Sky aerospace, Blake Nikolic said, Australia is playing an increasing role in the worlds space ambitions and we are playing a significant role in enabling access to an efficient, cost-effective service.

This campaign withRaptor Aerospace will drive additional export opportunities of Black SkyAerospaces technology, whilst solidifying Australias position as the place toconduct research and testing, before undertaking expensive orbital launches,continued Nikolic.

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Black Sky Aerospace to help the UK's Raptor Aerospace conduct launch tests in Australia - SpaceTech Asia

ALT uses aerospace-inspired packaging for its "mind-expanding" liquid cannabis – Dezeen

Science, aeronautics and NASA inspired the Very Polite Agency's packaging design for ALT, a liquid cannabis product for people who want a mind-expanding rather than purely medicinal high.

The Canadian creative agency worked on every aspect of the brand identity with the ALT founders, including the name.

"ALT" is a play on the words "altitude" and "altered state" that eventually evolved into an acronym Advanced Liquid Technologies.

The product has a couple of unique selling points: it is liquid in form, and it promises a controlled but deep high that, according to the brand, opens up neural pathways and gives users a chance to see things differently.

Very Polite saw a potential market among people interested in self-improvement based on scientific approaches, and they designed the packaging accordingly.

"ALT was rooted in scientific development, which we found interesting in a space where cannabis often has an 'organic' or 'granola' association, both in aesthetic and overall tone," Very Polite partner and head of creative Dylan Rekert told Dezeen.

"We wanted to pull from the science element without it feeling pharmaceutical. We had to find a way to make it work, and to us that came in the idea of performance."

This brought Very Polite to the aeronautical and moon-landing theme not only was it scientific, it conjured associations with human aspiration and achievement that seemed right for ALT.

At the same time, the overall effect had to suit the demographic by being discrete and refined "something they would have no issue displaying on their coffee table", according to Rekert.

They took their visual cues from NASA, incorporating a minimal black, white and silver colour palette with dashes of red.

The visual identity pairs navigational elements such as crosshairs and GPS coordinates with lean, sans serif typography.

When it came to the packaging design, space food was a major reference; ALT comes vacuum-sealed in silver foil, looking like a luxury version of the meals astronauts get on voyages.

The box within contains five resealable vials of ALT, with dosage levels clearly labelled.

The product comes in either a "functional micro-dose" version with five milligrams of THC per vial or a "deeper expression" with 10 milligrams of THC per vial.

ALT's approach is in contrast to other new premium cannabis companies such as Dosist and Standard Dose, which have tried to associate themselves with wellness.

It is also a departure from the jokey or kitschy branding that still dominates in the sector.

"Ultimately, the cannabis industry is a pun-filled market we didn't want to fall into," said Rekert.

"What we created was a strong, aspirational concept that approached 'getting high' from a different perspective, and the idea of doing something to expand potential for yourself," he continued.

"The same way meditation has gone from a 'hippy' thing to a widely socially accepted and integrated practice, using ALT is a form of modern connectivity, evolved from the perception of simply 'getting high'," he said.

"It can be a cerebral drug, with the right dosage, expanding the mind intentionally."

ALT will be available to buy in North America, which has seen an explosion in cannabis-related products and technologies since US states began legalising recreational marijuana use in 2012.

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ALT uses aerospace-inspired packaging for its "mind-expanding" liquid cannabis - Dezeen

Dawn Aerospace partners with Orbital Transports to expand US business – SpaceTech Asia

New Zealand-based Dawn Aerospace, which is developing green bi-propellant satellite propulsion systems, has signed an MoU with Chicago-based turnkey satellite solutions company Orbital Transports.

With this partnership, Dawns propulsion systems will be made more readily available in the US, beginning with the 0.5N CubeSat propulsion module and 22N hydrazine replacement thrusters.

Since releasing their products to market in early 2019, Dawn has reportedly generated sales of approximately US$950K, including a Phase 1 SBIR contract from the United States Airforce.

Chicago is well situated to tap into the East Coast and Mid Wests growing new space industry, said Jeroen Wink, Dawn Aerospace CEO. We have confidence in David Hurst and the experience the Orbital Transports team brings. Helping customers navigate this ever-growing market and ensure their mission is a success, this is exactly whats needed for the NanoSat industry.

Dawns green bi-propellant propulsion systems really do give customers enhanced capabilities for their mission, said David Hurst, Orbital Transports Founder and CEO. Clients are coming to us asking How do I get my satellite into position quickly and keep it online longer? With Dawns high performance propulsion tech, this is easy to answer. Were very excited to bring Dawn on as a partner.

Dawn has also signed an MoU with New Zealands Waitaki District Council for suborbital flights out of Oamaru Airport, New Zealand. The company is now preparing for a second suborbital test flight, with its Mk-II suborbital airframe en-route to New Zealand.

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Dawn Aerospace partners with Orbital Transports to expand US business - SpaceTech Asia

Consolidated Aerospace Manufacturing to be Acquired by Stanley Black & Decker – PRNewswire

BREA, Calif., Jan. 29, 2020 /PRNewswire/ -- Consolidated Aerospace Manufacturing, LLC ("CAM") announced today that it entered into an agreement to be acquired by Stanley Black & Decker, Inc. (SWK). This transaction is subject to regulatory approvals and other customary closing conditions. CAM designs and manufactures innovative, highly engineered hardware and fastener solutions for demanding aerospace applications worldwide. CAM is controlled by Tinicum L.P. and affiliated partnerships managed by Tinicum Incorporated.

CAM's products include fasteners, fittings, couplings, latches, quick release pins, tubing subassemblies and other complex components and assembled products. The company was founded in 2012 and has consolidated eight businesses that each carry strong brands, industry leading technical expertise, deep customer relationships and over 40 years of history in providing industry-leading service and solutions to commercial aerospace and defense customers.

"We specialize in collaborating with our customers to develop application-based solutions that satisfy their specific needs," saidPeter George, CEO of CAM. "We have enjoyed tremendous support under the ownership of Tinicum, during which we invested heavily in upgrading the equipment and facilities of the businesses we integrated, in addition to strengthening our engineering and management resources. The CAM management team is grateful for the Tinicum partnership that was a central part of the company's growth. We are extremely pleased to be taking this next step of joining Stanley Black & Decker. Being part of such a capable industrial company will enable us to further expand our company's resources globally, including accelerating the development of new products and pursuing acquisitions, allowing us to better serve the needs of our customers."

"Our team is excited about the prospect of welcoming CAM to the Stanley Black & Decker family to further diversify our Industrial business segment," said STANLEY Industrial President John Wyatt. "With its well-recognized brands, proven business model and experienced management team, CAM will play a significant role in the growth of our Industrial business and company overall."

CAM was advised in the transaction by Lazard (lead financial advisor), Lincoln International (financial advisor), Sullivan & Cromwell LLP (lead legal counsel) and Montgomery McCracken Walker & Rhoads LLP (legal counsel).

About Stanley Black& DeckerStanley Black & Decker is a $14 billion revenue, purpose-driven industrial organization. With 58,000 employees in more than 60 countries, it operates the world's largest tools and storage business, the world's second largest commercial electronic security company, a leading engineered fastening business as well as Oil & Gas and Infrastructure businesses.

For more information about Stanley Black and Decker visit http://www.stanleyblackanddecker.com

About Tinicum IncorporatedTinicum is a private investment firm with more than 30 years of experience investing in private and public companies. Tinicum invests in businesses for the long term and seeks to partner with owners, families and managers who share a similar approach. For more information about Tinicum visit http://www.tinicum.com

For more information about CAM visit http://www.camaerospace.com

Contact:Media Steven Chevillotte schevillotte@conaeromfg.com714.833.2683

SOURCE Consolidated Aerospace Manufacturing, LLC

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Consolidated Aerospace Manufacturing to be Acquired by Stanley Black & Decker - PRNewswire

Aerospace Suppliers Trim Workforces, Citing MAX, M&A – Aviation Week

Aerospace suppliers are taking different approaches on whether to cut employees as they wrestle with the fallout of the Boeing 737 MAX production halt, with some already doing so while others announce they will not.

In recent days, as public companies began reporting 2019 financial results, top executives from United Technologies and Moog said they do not intend to lay off workers over the MAX halt. UTC is assuming a 90-day halt based on guidance from Boeing, UTC Chairman and CEO Greg Hayes told Wall Street analysts Jan. 28.

We do not anticipate any layoff, Hayes said. I think that would be the easiest thing to do, but quite frankly, given the scarcity of talented aerospace workers out there, were not going to be laying anybody off for a 90-day delay here. I think were going to work on the backlog.

But the day before, Arconic CEO John Plant told analysts he expected to make headcount reductions, as well as to explore partially paid vacations and worker shift changes as his company tries to mitigate the MAX halt. Earlier in the month Spirit AeroSystems announced at least 2,800 layoffs due to the MAX.

Compounding the MAX effect on the supply chain is that several large providers are in the throes of major mergers or divestiturescorporate changes that often lead to workforce reductions by themselves. Arconic will split into twoHowmet Aerospace and rolled-aluminum provider Arconiccome early April.

At the same time, UTC expects to finalize its merger with Raytheon by then, as well as spin off its Otis elevator and Carrier air conditioning divisions. Integration planning is well underway, and were already working a detailed list of items to generate the $1 billion of gross cost synergies that were targeting for the transaction, Hayes said, referring to the to-be Raytheon Technologies.

UTC and Raytheon recently announced the pending sale of GPS and tactical radio businesses that antitrust regulators required as part of their merger, and the new Raytheon Technologies is expected to spin off more.

There will be places where we might elect not to invest and to cash out and other places where we may want to double down, Hayes said. But right now, I cant tell you what thats going to be other than the fact that were going toas we typically do heretake a dispassionate look at the whole portfolio and figure out where we think we can really add value over the long term and where we cant.

Meanwhile, cost-cutting remains a constant driver of workforce turnover. UTCs Pratt & Whitney engine manufacturer cut 1,000 people in the recent fourth quarter under an early retirement program that was well received. Hayes said Pratt had staffed up in the last five years under former head Bob Leduc as the company ramped up Geared Turbofan development and production. With Chris Calio taking over the division this year, streamlining is in order.

The payback is phenomenal on that; in fact, thats whats driving a big chunk of Pratt growth next year, is that restructuring, Hayes said. Chris is looking at a restructuring of some of the other manufacturing operations there, and there will be other things that we can do, I think, to drive efficiency at Pratt.

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Aerospace Suppliers Trim Workforces, Citing MAX, M&A - Aviation Week

Centennial Downsview facility renamed Bombardier Centre for Aerospace and Aviation – wingsmagazine.com

Centennial College on January 28 announced it is renaming its recently opened Centre for Aerospace and Aviation at Downsview Park as The Bombardier Centre for Aerospace and Aviation. The college also announced it is receiving a Bombardier Global 7500 flight test vehicle for training purposes.

As the global demand for aerospace technicians and technologists continues to grow, the strategic advantage of Bombardier and Centennials relationship is only amplified, said Dr. Craig Stephenson, president and CEO, Centennial College. The commitment of both partners not only aims to support the increasing labour demands of the sector, but also bolsters Ontarios and Canadas leadership position in a competitive global sector.

The donated Bombardier Global 7500 business jet (serial number 70004), interlay referred to as The Architect was the fourth Flight Test Vehicle (FTV4) of the program. It was used for interior validation testing. Since its maiden flight on September 28, 2017, the aircraft accumulated approximately 731 flight hours. Global 7500 aircraft are assembled at Bombardiers facility in Toronto.

Centennial explains its students will receive hands-on experience working on the Global 7500 prototype, which will have a permanent spot outside Centennials new hangar at its Downsview Park facility, which opened in January 2019. The Global 7500 FTV4 donation is also made possible by those suppliers providing their systems within the aircraft, including: Collins Aerospace for its Avionic suite; Parker Hannifin for its fly-by wire system; Safran Power Units San Diego for the Auxiliary Power Unit; Woodward Inc. for the rudder pedal; GE Aviation Systems for the Aircraft Health Monitoring Unit; and GE Passport.

Bombardier is proud to continue supporting Centennial College in their mission to prepare the next generation of aerospace professionals, said Alain Bellemare, president and CEO, Bombardier. With this Global 7500 aircraft donation, students will receive incomparable hands-on training using the industrys latest advanced technology.

In February 2019, Bombardier donated a CRJ200 to Centennial College for training purposes and is also providing the college with $150,000 for the completion of its Landing Gear Research project. Centennial explains this program is expected to train a minimum of 50 individuals for each of the next two years at its facility, which serves as the anchor for the new Downsview Aerospace Innovation and Research (DAIR) Hub.

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Centennial Downsview facility renamed Bombardier Centre for Aerospace and Aviation - wingsmagazine.com

Aerospace inspection tech firm Anomalous wins global award in Tokyo – Insider.co.uk

Edinburgh-based tech start-up Anomalous picked up an award as one of 28 businesses worldwide to be chosen to pitch at the prestigious NTT Data Open Innovation Contest in Tokyo.

The company, whose AI software can inspect aircraft parts and identify potentially dangerous faults or damage, was one of just four UK participants at the event which provides a showcase to impress investors in the Far East.

Anomalous was awarded a Zamma Award by Kotaro Zamma, head of open innovation at NTT Data.

Chief product officer Matt Davies said the honour has encouraged it to seek backers and customers, particularly the Japanese manufacturing giants that lead aerospace development in Asia.

He said: What an amazing event. We are honoured simply to have been invited to attend. Most of the companies taking part in this competition are already well funded and highly successful. To be a bootstrapped company, only 15 months old and included with other businesses of this calibre is fantastic. Were currently raising capital and I think this event has proven that with additional funds we will be able to scale quickly.

Iotic, Digital Fineprint, and Unmanned Life were the other UK start-ups at the event in Tokyo. Digital Twin specialist Iotic was declared the Telecom and Internet of Things category champion. InsurTech startup Digital Fineprint was declared the Finance category champion.

Tom Winstanley, VP of New Ventures and Innovation at NTT Data, added: Anomalous laser focus on inspection technology impressed the judges. By working together we believe that there is an opportunity to create a triple win for Anomalous, NTT DATA and, of course, our clients in aerospace and manufacturing, improving quality and efficiency in the inspection process using AI.

Since launching their product in March 2019, Anomalous has won work with aerospace pioneers, such as Rolls-Royce, Collins Aerospace, and BAE Systems. In December, it joined the inaugural ATI Boeing accelerator sponsored by GKN.

Scottish Development International representative for Japan, Yasutsune Kanatani said: I work with a number of Japanese businesses and believe that NTT Data is one of the most advanced and innovative companies, with an extensive global network. It is extremely exciting that such a technologically advanced Japanese company has recognised the innovative work which Anomalous do.

Anomalous CEO Euan Wielewski said: Im proud of our progress to date and am looking forward to pushing forward with our ambitious plans for 2020. We already have excellent relationships with some of the worlds largest aerospace companies. To expand into the Asia Pacific market would be a step forward in our mission to become the de facto standard tool for aerospace visual inspection.

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Aerospace inspection tech firm Anomalous wins global award in Tokyo - Insider.co.uk

Underserved youth to get chance to learn from aerospace professionals, pilots at Museum of Flight – Seattle PI

By Becca Savransky, SeattlePI

U.S. Air Force U-2 pilot shows MPA Day student how to wear his Air Force flight suit.

U.S. Air Force U-2 pilot shows MPA Day student how to wear his Air Force flight suit.

Photo: Ted Huetter/The Museum Of Flight

U.S. Air Force U-2 pilot shows MPA Day student how to wear his Air Force flight suit.

U.S. Air Force U-2 pilot shows MPA Day student how to wear his Air Force flight suit.

Underserved youth to get chance to learn from aerospace professionals, pilots at Museum of Flight

More than 150 underserved middle school students will have the opportunity this weekend to take part in a program learning from airline pilots and other aerospace professionals through a series of activities.

TheMichael P. Anderson Memorial Aerospace Program at The Museum of Flight in Seattle will give underserved youth in the city and their parents the chance Saturday to meet STEM professionals, including astronauts, engineers and pilots, and learn through activities including watching planetarium shows and designing spacesuits. The whole program, including travel, is offered free to participants.

"The program is a rare and inspiring opportunity for students to spend the day with role models at the top of the aerospace ladder," the museum said in a news release.

During the event, parents are invited to attend a workshop to foster their children's math abilities. Parents who come out will also get access to resources and information to help prepare their kids for both high school and college.

RELATED:'Project Welcome Home:' Vietnam vet memorial opens at the Museum of Flight

The day will also include a screening of the Smithsonian documentary Black in Space - Breaking the Color Barrier.

The program is named for the Michael P. Anderson, a U.S. Air Force pilot and NASA astronaut from Washington. It seeks to honor him by inspiring youth in the state through educational programming.

"It leverages Andersons legacy to inspire underserved middle school youth from throughout Washington state to participate in the Museums exciting educational programs while being mentored by professionals in the aerospace and aviation industry," the museum said in a news release.

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Underserved youth to get chance to learn from aerospace professionals, pilots at Museum of Flight - Seattle PI

Will Aerospace Systems Unit Drive Northrop (NOC) Q4 Earnings? – Zacks.com

Northrop Grumman Corp. (NOC - Free Report) is scheduled to release fourth quarter and 2019 results on Jan 30, before the opening bell.

Sales growth in the companys Aerospace Systems and Innovation Systems segments is likely to show on the companys fourth-quarter top line.

Northrop Grumman surpassed the Zacks Consensus Estimate in the trailing four quarters, the average positive surprise being 11.48%.

Let's take a closer look at the factors influencing the companys upcoming results.

Aerospace Systems: A Key Catalyst

The companys Aerospace Systems segment has been a major revenue driver and is anticipated to retain this trend in the to-be-reported quarter. Increased production of F-35 jets is expected to have boosted this units top line. Moreover, the company is expected to have delivered 34 center fuselage units, indicating an increase of 62% from the year-ago quarters count.

The Zacks Consensus Estimate for revenues of this unit in the fourth quarter is pegged at $3,474 million, implying growth of 8.7% from the figure reported in the year-ago quarter.

Other Segments to Drive Revenues

Northrop Grummans Innovation Systems unit designs and manufactures the Advanced Anti-Radiation Guided Missile (AARGM), for which it has been witnessing higher demand globally. Notably, in the fourth quarter, the segment delivered its 1000th AGM-88E AARGM, which is likely to have boosted the companys revenues in the to-be-reported quarter. Consequently, the Zacks Consensus Estimate for revenues of this unit in the fourth quarter is pegged at $1,584 million, suggesting growth of 8.4% from the figure reported in the year- ago quarter.

Technology Service Unit to Prosper

In the third quarter, sales in the Technology Services segment rose 3%, whereas operating income rose 23% with an operating margin rate of 12.7%. Based on a strong year-to-date performance, Northrop Grumman raised its guidance for the segment's operating margin rate. The Zacks Consensus Estimate for revenues of this unit in the fourth quarter is pegged at $1,081 million, indicating a 1.5% increase from the figure reported in the year-ago quarter.

Q4 Backlog to Thrive

Northrop Grumman has an impressive history of witnessing a steady flow of orders from both Pentagon and its foreign allies, courtesy of the huge demand for its manned and unmanned aircraft and military radars. Notably, during the fourth quarter, the companys business subsidiary, Northrop Grumman Systems Corp., secured a $1-billion contract for the production of Active Electronically Scanned Array (AESA) radars. It also secured a series of other smaller contracts. This is expected to get reflected in the company's backlog count in the to-be-reported quarterly results.

Earnings & Revenue Estimates

With all segments reflecting top-line growth for the fourth quarter, we are optimistic about Northrop Grummans overall performance. Evidently, the Zacks Consensus Estimate for the companys fourth-quarter sales is pegged at $8.82 billion, indicating 8.2% growth from the year-ago quarters reported figure.

However, Northrop Grummans unallocated corporate expenses are typically on the higher side in the fourth quarter. Such expenses might have outweighed the operating margin gain due to updated cash pension estimates following the completion of its annual demographic study. In line with this, the consensus mark for the companys fourth-quarter earnings, pegged at $4.78 per share, indicates a 3% decline from the year-ago quarters reported figure.

What the Zacks Model Unveils

Our proven model does not conclusively predict an earnings beat for Northrop Grumman this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. But thats not the case here. You can uncover the best stocks to buy or sell before theyre reported with our Earnings ESP Filter.

Northrop Grumman has an Earnings ESP of -0.69% and a Zacks Rank #3. You can see the complete list of todays Zacks #1 Rank stocks here.

Northrop Grumman Corporation Price and EPS Surprise

Stocks to Consider

Here are some defense companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this season:

Textron (TXT - Free Report) is scheduled to report fourth-quarter 2019 results on Jan 29. The company has an Earnings ESP of +1.85% and a Zacks Rank #3.

Heico Corporation (HEI - Free Report) is expected to release fourth-quarter 2019 results soon. The company has an Earnings ESP of +8.94% and a Zacks Rank #1.

Aerojet Rocketdyne Holdings (AJRD - Free Report) is expected to release fourth-quarter 2019 results soon. The company has an Earnings ESP of +2.17% and a Zacks Rank #3.

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>

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Will Aerospace Systems Unit Drive Northrop (NOC) Q4 Earnings? - Zacks.com