Global Aerospace Lightning Strike Protection Market 2011-2022 – Analysis, Opportunities & Forecasts – PR Newswire (press release)

The global aerospace lightning strike protection market is expected to grow with a CAGR of 10.7% from 2017 to 2022.

Trends, opportunities and forecast in this market to 2022 by type (expanded foil, interwoven wires, metallized fabrics and fibers, coating and painting, lightning diverter strips, and others) and by region (North America, Europe, Asia Pacific, and the Rest of the World)

The future of the global aerospace lightning strike protection market looks promising with opportunities in the commercial, regional, and military aircraft markets. The major growth drivers for this market are increasing penetration of composites in aircraft programs, proliferating aircraft deliveries, and aviation regulations and certification standards regarding the use of Lightning Strike Protection (LSP) in aircraft.

Emerging trends, which have a direct impact on the dynamics of the industry, include development of light weight LSP materials and nano-enhanced lightning strike protection.

North America is expected to remain the largest region by value and by volume during the forecast period due to highest number of aircraft delivery and production in this region.

Aerospace lightning strike protection companies profiled in this market include Dexmet Corporation, GKD Gebr. Kufferath AG, and Astroseal Products Mfg. Inc. are among the major suppliers of LSP materials.

Scope of the Report

Key Topics Covered:

1. Executive Summary

2. Market Background and Classification

3. Market Trend and Forecast Analysis from 2011 to 2022

4. Market Trends and Forecast Analysis by Region

5. Competitor Analysis

6. Growth Opportunities and Strategic Analysis

7. Company Profiles of Leading Players

For more information about this report visit https://www.researchandmarkets.com/research/3x5tsd/growth

Media Contact:

Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716

View original content:http://www.prnewswire.com/news-releases/global-aerospace-lightning-strike-protection-market-2011-2022---analysis-opportunities--forecasts-300504491.html

SOURCE Research and Markets

http://www.researchandmarkets.com

Originally posted here:

Global Aerospace Lightning Strike Protection Market 2011-2022 - Analysis, Opportunities & Forecasts - PR Newswire (press release)

Aerospace workers’ union endorses Gwen Graham – Florida Politics (blog)

The International Association of Machinists and Aerospace Workers announced it is endorsing Democrat Gwen Graham for governor, her campaign announced Tuesday.

With 39 lodges across the state of Florida, youll find our union members working in manufacturing and aerospace from Pensacola to Miami, Frank Ortis, president of the Florida State Council of Machinists, stated in a news release. We are excited to endorse Gwen Graham and ready to elect her Floridas next governor. Gwen has the experience and leadership Florida needs to create jobs, raise wages and lift up working families.

The Machinists and Aerospace Workers is the second major union to endorse in the race for governor, joining the United Steelworkers, which endorsed Graham in June.

Graham, a former Congresswoman from Tallahassee, faces Tallahassee Mayor Andrew Gillum and Winter Park affordable housing developer Chris King in seeking the Democratic primary nomination to run for governor in 2018.

In Congress, Graham co-sponsored legislation to raise the minimum wage and opposed the Trans-Pacific Partnership trade deal, and authored the bipartisan Middle STEP Act to expand technical education.

For almost twenty years the politicians in Tallahassee have had the wrong priorities for the wrong people. Theyve sold out to special interests and forgot the working men and women who built our state and drive our economy. Graham stated in the news release. We must do the common sense things other states have already done, like raise the minimum wage and pass paid sick leave but those proposals alone arent enough. As governor, I will fight to protect Floridas aerospace industry, create new manufacturing jobs and expand technical education in our schools.

Scott Powers is an Orlando-based political journalist with 30+ years experience, mostly at newspapers such as the Orlando Sentinel and the Columbus Dispatch. He covers local, state and federal politics and space news across much of Central Florida. His career earned numerous journalism awards for stories ranging from the Space Shuttle Columbia disaster to presidential elections to misplaced nuclear waste. He and his wife Connie have three grown children. Besides them, hes into mystery and suspense books and movies, rock, blues, basketball, baseball, writing unpublished novels, and being amused. Email him at scott@flordiapolitics.com or scottmichaelpowers@yahoo.com.

Follow this link:

Aerospace workers' union endorses Gwen Graham - Florida Politics (blog)

Study shows aviation, aerospace generate $43.7 billion annually for … – Tulsa World

OKLAHOMA CITY Aviation and aerospace businesses in the state generate $43.7 billion annually in economic activity, according to a report released Monday by the Oklahoma Aeronautics Commission.

The aerospace and aviation industry is now the second largest industry in the state, behind oil and gas, officials said.

Oklahoma is one of the worlds premier destinations for the aerospace and defense industries, said Gov. Mary Fallin. It is centrally located with developed infrastructure, a highly skilled workforce, competitive incentives and low cost of doing business.

Since 1994, the industry has grown by 250 percent, said Vic Bird, director of the Oklahoma Aeronautics Commission.

Of the $43.7 billion in economic activity, some $19.3 billion came from military aviation, according to the report.

Aviation and aerospace is extensive in Oklahoma, Bird said. It includes the 109 public airports that comprise the system, the tenants of those airports such as American Airlines and the FAA Monroney Aeronautical Center, the three air force bases and off-airport aerospace businesses like Boeing, NORDAM and FlightSafety, Bird said.

The state has about 1,100 aerospace and aviation business-related companies, Fallin said.

The average salary in aviation and aerospace is just over $73,000, according to the report.

Vince Howie, aerospace and defense director for the Oklahoma Department of Commerce, said the study will be used as a tool to recruit companies to the state.

Original post:

Study shows aviation, aerospace generate $43.7 billion annually for ... - Tulsa World

Local aerospace building roof collapse: three rescued – Alabama’s News Leader

Honeywell in Calhoun COunty courtesy Chief Bill Partridge.jpg

A partial roof collapse led to the rescue of three people Monday from a Calhoun County business.

Crews were able to get everyone out without any injury from the Honeywell Aerospace building.

Oxford Fire Battalion Chief Kyle Macoy said heavy rain is believed to have played a role in the collapse.

He says the company goes through building inspections and are very good about following safety protocol.

"We don't have any reason to question that," said Macoy.

What they are questioning, is how something like this could happen.

"We had two collapsed areas and both of them were on the east side of the building,those areas were approximately 70x70," said Macoy.

Engineers will come in to determine the cause of this; while the state fire marshal's office will determine the safety of the building.

Macoy said the fire suppression system was also affected leading to a large amount of flooding inside the building.

View post:

Local aerospace building roof collapse: three rescued - Alabama's News Leader

DeLorean Aerospace Company is building a flying car that doesn’t need roads – SYFY WIRE (blog)

Of course you remember the DeLorean car from Back to the Future. At the end of the 1985 movie, it didnt just speed off into the distanceit flew away after Doc Browns infamous line, Where were going, we dont need roads. If Paul DeLorean has his way, Back to the Future wont be science fiction. It will be a documentary.

According to Wired, DeLorean, founder of DeLorean Aerospacenephew of automaker John DeLorean, founder of the DeLorean Motor Companyhas plans to develop a flying car, that is, one with vertical takeoff and landing ability. The prototype should be developed within a year.

DeLoreans personal air transportation vehicle is a two-seater with two pairs of wings, two winglets, and two fans, which makes it look like a funky yet improbable drone. Wired writes the DR-7 is 20 feet long and 18.5 feet wide, but the wings fold themselves, so you can park it in your garage.

Unlike the gas-guzzling cars of the past and present (and the garbage-guzzling DeLorean of the movie), the DR-7 craft will be electric. It will also be a self-driving vehicle, which means its as simple as hopping in and turning it on. This is becoming more likely with the advent of longer-lived batteries and platform stability.

Just as important, theres a market for flying cars, as Uber has promised to bring them to the Middle East in three years. There is also competition, as Neva Aviation and Airbus are developing their own flying cars, the AirQuadOne and Vahana, respectively. DeLorean plans to one-up this competition with a craft that flies at a higher altitude with a longer range (120 miles per charge).

However, if DeLorean solves the DR-7s technology and battery challenges, there is still the very real challenge of air safety, which needs regulation.

Even if Doc Brown doesnt need roads, he certainly needs air-traffic controllers.

Via Engadget.

Original post:

DeLorean Aerospace Company is building a flying car that doesn't need roads - SYFY WIRE (blog)

Growth Opportunities in the Global Aerospace Lightning Strike Protection Market – Markets Insider

LONDON, Aug. 14, 2017 /PRNewswire/ -- The future of the global aerospace lightning strike protection market looks promising with opportunities in the commercial, regional, and military aircraft markets. The global aerospace lightning strike protection market is expected to grow with a CAGR of 10.7% from 2017 to 2022. The major growth drivers for this market are increasing penetration of composites in aircraft programs, proliferating aircraft deliveries, and aviation regulations and certification standards regarding the use of Lightning Strike Protection (LSP) in aircraft.

Download the full report: https://www.reportbuyer.com/product/5059849/

Emerging trends, which have a direct impact on the dynamics of the industry, include development of light weight LSP materials and nano-enhanced lightning strike protection.

A total of 38 figures / charts and 42 tables are provided in this 118-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this aerospace lightning strike protection market report, download the report brochure.

The study includes the aerospace lightning strike protection market size and forecast for the global aerospace LSP market through 2022, segmented by type and region as follows: Aerospace LSP Market TrendsGrowth Opportunities for the Global Aerospace LSP Market Aerospace Lightning Strike Protection Market by Type (Value ($ million) and Volume ( million sq. ft.) from 2011 to 2022): Expanded Foil Interwoven Wire Coating and Painting Metallized Fabrics and Fibers Lightning Diverter Strips Others Aerospace Lightning Strike Protection Market by Region (Value ($ million) and Volume (million sq. ft.) from 2011 to 2022): North America Europe Asia Pacific The Rest of the World Aerospace lightning strike protection companies profiled in this market include Dexmet Corporation, GKD Gebr. Kufferath AG, and Astroseal Products Mfg. Inc. are among the major suppliers of LSP materials.

On the basis of its comprehensive research, Lucintel forecasts that expanded foil segment is expected to show above average growth during the forecast period.

North America is expected to remain the largest region by value and by volume during the forecast period due to highest number of aircraft delivery and production in this region.

Some of the features of "Growth Opportunities in the Global Aerospace Lightning Strike Protection Market 2017-2022: Trends, Forecast, and Opportunity Analysis" include:

Market size estimates: Global aerospace lightning strike protection market size estimation in terms of value ($M) and volume (million sq. ft.) shipment. Trend and forecast analysis: Market trend (2011-2016) and forecast (2017-2022) by segments and region. Segmentation analysis: Global aerospace lightning strike protection market size by various applications such as type in terms of value and volume shipment. Regional analysis: Global aerospace lightning strike protection market breakdown by key regions such as North America, Europe, and Asia & Rest of World. Growth opportunities: Analysis on growth opportunities in different applications and regions of aerospace lightning strike protection market. Strategic analysis: This includes M&A, new product development, and competitive landscape of global aerospace lightning strike protection market. Analysis of competitive intensity of the industry based on Porter's Five Forces model.

This report answers the following 11 key questions: Q.1 What are some of the most promising, high-growth opportunities for the global aerospace LSP market by type (expanded foil, interwoven wires, metallized fabrics and fibers, coating and painting, lightning diverter strips, and others) and by region (North America, Europe, Asia Pacific, and the Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which region will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges in this aerospace lightning strike protection market? Q.5 What are the business risks and threats of this aerospace lightning strike protection market? Q.6 What are emerging trends in this aerospace lightning strike protection market and reasons behind them? Q.7 What are some of the changing demands of customers in the aerospace lightning strike protection market? Q.8 What are the new developments in the aerospace lightning strike protection market? Which companies are leading these developments? Q.9 Who are the major players in this aerospace lightning strike protection market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competing products in this aerospace lightning strike protection market and how big of a threat do they pose for loss of market share by product substitution? Download the full report: https://www.reportbuyer.com/product/5059849/

About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com

For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: rel="nofollow">query@reportbuyer.com Tel: +44 208 816 85 48 Website: http://www.reportbuyer.com

View original content:http://www.prnewswire.com/news-releases/growth-opportunities-in-the-global-aerospace-lightning-strike-protection-market-300504009.html

SOURCE ReportBuyer

Read the rest here:

Growth Opportunities in the Global Aerospace Lightning Strike Protection Market - Markets Insider

Wichita aerospace supplier plans multi-million dollar expansion – Wichita Business Journal


Wichita Business Journal
Wichita aerospace supplier plans multi-million dollar expansion
Wichita Business Journal
... like the F-35 for. Enlarge. Growing demand, including in the defense industry on aircraft like the F-35 for Lockheed more. Lockheed Martin. Globe Engineering facility growth will include new hiring, driven by demand in multiple aerospace segments.

and more »

More here:

Wichita aerospace supplier plans multi-million dollar expansion - Wichita Business Journal

Canada’s aerospace industry is a giant pyramid scheme – Canada Free Press

While theres nothing objectionable about governments funding a public good like education, its notable that the industry partner in question here is aerospacean industry that seems to perpetually receive a disproportionate amount of politicians attention, not to mention taxpayer money.

Superficially, this isnt surprising. Airplanes are impressive to just about everyone, from small children to politicians, and for obvious reasons. Theyre big machines that fly. Even the word aerospace conjures up positive imagery of sophisticated technology and engineers in lab coats. For anyone who laments industries like cutting down trees or extracting oil out of the ground as boring relics of a bygone era, aerospace ticks all the exciting boxes that signal economy of the future.

Unfortunately for Canadians, that future never quite seems to arrive. Bombardier, Canadas most prominent aerospace company, is the national poster child for corporate welfare, having received $4 billion since 1966.

Last year, after receiving $1.3 billion in aid from Quebec taxpayers, it proceeded to fire 2,000 Canadian workers. Not long after, the Trudeau government came along to give them a further $372 million in repayable loans. It is no exaggeration to say the company has essentially been kept on life support for decades by Canadian taxpayers. And if Bombardier sold brooms instead of airplanes, the market would have put it out of its misery decades ago.

Naturally, aerospace boosters are quick to insist theres more to the story. Often this takes the form of what are usually referred to as economic spinoff effects. The pitch goes something like this: Bombardier builds planes. Those planes need parts. So Bombardiers demand for parts sustains a whole bunch of suppliers as well.

This logic sounds great on paper but theres just one small problem: it isnt true. Far from Bombardier sustaining its own supply chain, Canadian taxpayers are forced to subsidize companies in the aerospace supply chain as well, through regional development funds, provincial funds, and the recently launched Strategic Innovation Fund.

In fact, the aerospace industry in Canada resembles a giant pyramid scheme, with taxpayers at the bottom of the pyramid. Based on the aerospace is special argument (often backed up with the sage every other country does it argument), Canadian taxpayers have the privilege of subsidizing an entire industry top to bottom. Theres the aforementioned subsidies to Bombardier; subsidies for Bombardier-led consortiums to do research and development; subsidies to the buyers of Bombardiers planes (in the form of cut rate loans through Export Development Canada) which are in many cases already priced below cost; and subsidies to Bombardiers suppliers.

If this sounds like a crazy business strategy, its because it is. And if we were to replace the word airplanes with candy canes, no sane person would take the pseudo-economics of aerospace seriously. But because it is about airplanes, and airplanes are sophisticated machines, politicians, industry executives, union leaders and more than a few otherwise intelligent people buy into the whole absurd charade. And why not? Its not their money at stake. Its merely the broader taxpaying public, and those working in industries to which the normal laws of economics apply, who end up paying the price.

Its far past time we accept the obvious: aerospace isnt special, and its perpetual coddling by politicians soaks Canadian taxpayers and hurts Canadian businesses in other industries. If the aerospace industry cannot survive in this country without Canadian taxpayers propping it up forever in countless ways, its time to let it go.

See the original post here:

Canada's aerospace industry is a giant pyramid scheme - Canada Free Press

Indiana aerospace takes off – Greensburg Daily News

Indiana is perhaps best known for its Hoosier hospitality and endless fields of corn. Few know the state is also home to a thriving aerospace industry. Thats right - rockets.

In 2016, Indiana was ranked sixth in the nation as one of the most attractive states for aerospace manufacturing, according to a report from PricewaterhouseCoopers. Just one year before, it was ranked 18th.

It is an under-recognized, maybe underappreciated, sector of Indianas economy, said Ryan Metzing, executive director of the Indiana Aerospace & Defense Council.

Aerospace, as defined by Metzing, is a broad industry comprised of companies that design, manufacture or service various types of aircraft. Aerospace technologies range from military to commercial use, developing drones, aircraft and satellites.

Statewide, were seeing growth, he said. I think the commercial aerospace aviation sector is doing really well. That sector is projecting huge growth over the next 10 years or so.

With aircraft orders lined up for the next decade, Metzing believes Indianas aerospace industry is poised for success.

I think a lot of it has to do with some of the investment that had been going on here, he added. All of the deals over the past three or four years brought in more than $1 billion of investment in Indiana.

Rolls-Royce and Alcoa, two of the states largest aerospace companies, made significant investments in 2015. Rolls-Royce dedicated $600 million for redevelopment at its Indianapolis location, while Alcoa doubled its capacity after starting construction on a new jet engine parts facility in La Porte.

Collectively, the companies employ almost 9,000 Hoosiers. Many of those, Metzing noted, are experienced manufacturers.

Indiana has the strongest manufacturing workforce per capita in the nation - more than 17 percent, he said. When you take how strong we are in manufacturing in general, and then marry that with some of these major aerospace investments - that helped to boost our ranking.

New frontiers

Anderson inventor Pete Bitar isnt surprised Indiana is ranked so high on the list. Bitar created AirBuoyant, an aerospace company that specializes in personal flight. In his 11 years of experience, hes watched Indianas aerospace industry transform.

Were starting to see things like Amazon delivering packages with drones, electric vehicles that you fly in an urban environment, Bitar said. Youre seeing these new frontiers develop based on the new technologies and capabilities from the market today that werent there five to seven years ago.

But Bitar isnt completely satisfied with Indianas recent success.

We dont have a lot of headquartered aerospace companies in Indiana, he pointed out. Thats the challenge looking forward. And Im hoping in some small way I can contribute to that.

Though his local business is small, Bitar hopes he can be an example to prove its possible to come up with innovative ideas and keep them close to home.

Were developing an electric jet pack for personal flight that you can wear and fly around in, with no fuel, he said. If we can develop what Im developing and manufacturing here in Madison County, that can then be applied to other companies and other ideas coming through in the aerospace field.

Metzing agreed - having a diverse aerospace industry across the state will be beneficial in the long run, no matter the companys size.

It provides a nice opportunity to grow some of those smaller communities, Metzing said, if we can get the aerospace companies to continue their growth.

Contact Katie Stancombe at 765-648-4258 or katie.stancombe@indianamediagroup.com.

Originally posted here:

Indiana aerospace takes off - Greensburg Daily News

Syrian army supported by Russia’s Aerospace Forces doubles liberated territory – TASS

MOSCOW, August 12. /TASS/. Syrian government troops supported by the Russian Aerospace Forces have recaptured from militants twice as much territory over the past two months as the area controlled by the Syrian government in 2015, Russian Defense Minister Sergey Shoigu told the Rossiya 1 TV channel.

"The Syrian armys achievements are really impressive. Over the past two months, it has liberated the area larger than the one controlled by the Syrian government at the time when (the Russian Aerospace Forces) began their operations there. That is, we actually more than doubled it, I mean, the Syrian army supported by us," he said.

The Russian Aerospace Forces operation in Syria began on September 30, 2015, at the request of Syrian President Bashar al-Assad. On March 14, 2016, Russian President Vladimir Putin ordered to begin the withdrawal of the bulk of Russian forces from Syria, as, according to the Russian leader, the Russian Defense Ministrys tasks had been accomplished, by and large.

Head of the Russian General Staffs Main Operations Department Sergei Rudskoi said at the end of July that the Syrian army now controls 74,200 square meters, whereas prior to the beginning of the Russian Aerospace Forces operation in September 2015, government troops controlled slightly more than 19,000 square meters of the countrys territory.

In other media

See the article here:

Syrian army supported by Russia's Aerospace Forces doubles liberated territory - TASS

Western Canada will Benefit from Strategic Investments in the … – Markets Insider

More than $320,000 in funding from the Government of Canada will support five Aerospace Industries Association of Canada (AIAC) activities.

ABBOTSFORD, BC, August 11, 2017 /CNW/ - Western Economic Diversification Canada

Companies in western Canada's aerospace and defence sector will benefit from vital networking opportunities with national and international organizations at the 2017 Aerospace, Defence & Security Expo (ADSE). The connections established with the key industry players attending ADSE will help Canadian businesses create well-paying middle class jobs and increase targeted skills development in Western Canada.

ADSE 2017 is supported by $75,000 in funding from the Government of Canada. This is part of more than $320,000 from the Government to support Aerospace Industries Association of Canada (AIAC) activities in 2017 and 2018.

Today's funding was announced by the Honourable Harjit Sajjan, Minister of National Defence on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible forWestern Economic Diversification Canada(WD) during his keynote address at the Expo.

This latest investment also supported the Consortium for Aerospace Research and Innovation in Canada National Research Forum's Aerospace Meeting on Super Clusters on August 8th and 9th. Project funding also enabled AIAC to establish a western Canadian presence at a series of international events, which included the 2017 Paris Airshow in June, as well as events in 2018 such as the Pacific Northwest Aerospace Alliance Annual Conference, Farnborough International Airshow and ADSE 2018.

This investment is delivered through the Western Diversification Program, WD's main program for making strategic investments in initiatives with not-for-profit organizations that enhance and strengthen the economy of Western Canada.

Quotes

"Western Canada has an innovative and dynamic aerospace, defence and security sector, and events like ADSE are an excellent opportunity to showcase these talents. The Government of Canada is committed to the development and commercialization of technologies that will make Canadian businesses internationally competitive, while creating jobs and growth within Western Canada." - The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for Western Economic Diversification Canada

"I have seen firsthand the innovative edge Canadian companies are bringing to our Canadian Armed Forces capabilities. Our government is proud to support the sector's highly skilled workforce continue to produce quality services and products." - The Honourable Harjit Sajjan, Minister of National Defence

Quick Facts

Stay Connected

Follow us on Twitter: @WD_Canada WD Homepage WD Toll-Free Number: 1-888-338-WEST (9378) TTY (telecommunications device for the hearing impaired): 1-877-303-3388

IF THERE IS A DISCREPANCY BETWEEN ANY PRINTED VERSION AND THE ELECTRONIC VERSION OF THIS NEWS RELEASE, THE ELECTRONIC VERSION WILL PREVAIL.

SOURCE Western Economic Diversification Canada

See the original post here:

Western Canada will Benefit from Strategic Investments in the ... - Markets Insider

Weekend Adventure: The Air Zoo Aerospace & Science Center – WZZM

Weekend Adventure: A day at the Air Zoo

Meredith TerHaar, WZZM 12:17 PM. EDT August 12, 2017

PORTAGE, MICH. - At the Air Zoo Aerospace and Science Center, just outside of Kalamazoo, you can soar through clouds into an experience on par with some of the best air and space museums in the country.

"We've got some incredible artifacts, some airplanes that are the only one of their kind in the world like the SR 71 Blackbird. So many historic aircraft and spacecraft," said Troy Thrash, the President and CEO of the Air Zoo. "We're also all about STEAM, science, technology, engineering, art and math. We want to bring the science and technology of this spacecraft to life for kids."

And there's no shortage of fun, the Air Zoo has incredible rides include 3D flight simulators that kids of all ages have the opportunity to take advantage of. Thrash says that every single square-inch of the Air Zoo is not only fun, but educational too.

"We have a space area that traces human space flight, primarily in the United States, but also around the world," Thrash explained. "Just the idea that in 50 years we went from finally sending some satellites into orbit to landing on the moon and returning."

This summer the Air Zoo has an exciting exhibit called Aliens and Androids. The exhibit focuses on how we have "robotically explored our solar system," as well asthinking about the planets that we discover and what those alien worlds might really be like.

"It's done in a really cool pop culture kind of way," Thrash said. "So, you can visit C3PO and R2D2." The Aliens and Androids exhibit will run until September 10.

The Air Zoo also has a restoration area -- currently two World War II air crafts that were on the bottom of Lake Michigan are being restored, and you can help. The Air Zoo allows visitors to help with sanding or turning rivets so that you're able to say you worked on an airplane from the 1940s.

If you want to take flight yourself, the Wanda Wright team offers rides in their bi-plane for an additional cost. The experience comes complete with the suggested attire: an old fashioned flying helmet and goggles.

It's safe to say the Air Zoo surpasses expectations.

"I think this place is fabulous," said Art Hennessey. "I'm surprised more people do not know about all of these. It's educational, its awesome. They've got the rides for the kids and I just learned of this today and I'm going to put this all over social media.

"The Star Wars, the androids, the planes, the baskets for the balloons and I'm not even halfway through it yet. This is incredible."

To celebrate the Aliens and Androids exhibit, the Air Zoo is hosting an Intergalactic Prom on Sept. 9. For more information about that, as well as the Air Zoo's hours and ticket information, click here.

Makeit easy to keep up to date with more stories like this.Download theWZZM13 app now.

Have a news tip? Emailnews@wzzm13.com, visit ourFacebook pageorTwitter.

2017 WZZM-TV

WZZM

Weekend Adventure: Testing physical, mental toughness with Ninja Warrior training

WZZM

Weekend Adventure: Boulder Ridge Wild Animal Park

WZZM

Weekend Adventure: Chef series at the Holland Farmers Market

Visit link:

Weekend Adventure: The Air Zoo Aerospace & Science Center - WZZM

Aerospace and Defense ETFs Soar Amid Rising North Korea Tensions – Nasdaq

Defense stocks have been rising with escalation of tensions between the US and North Korea, while the broader stock rally has stalled. Raytheon ( RTN ), Lockheed Martin ( LMT ) and Northrop Grumman ( NOC ) hit record highs after President warned North Korea against making any more threats to the US.

Trump said North Korea faces 'fire and fury like the world has never seen before" and the rogue nation responded by threatening to launch a missile strike on Guam.

The sentiment for Aerospace & Defense stocks improves with rising geopolitical tensions. They surged after US missile strikes on Syria. And, that is one of main reasons why these stocks performed well in the last few years, despite defense budget cuts in the US and Europe.

Many developing countries including India, UAE, Saudi Arabia and Brazil have increased their defense spending over the past few years. Of late, Japan and South Korea have also boosted their defense spending in response to increased military spending by China. Trump's budget proposals call for a boost in US defense spending, which would be positive for these stocks.

Most aerospace & defense companies reported excellent earnings for Q2 and have seen continued positive momentum in earnings estimates. Aerospace & Defense ETFs have significantly outperformed the broader market this year.

To learn more about top ranked Aerospace & Defense ETFs--the iShares U.S. Aerospace & Defense ETF ( ITA ) , the SPDR S&P Aerospace & Defense ETF ( XAR ) and the PowerShares Aerospace & Defense Portfolio ( PPA ) , please watch the short video above.

Will You Make a Fortune on the Shift to Electric Cars?

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

It's not the one you think.

See This Ticker Free >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Northrop Grumman Corporation (NOC): Free Stock Analysis Report

Lockheed Martin Corporation (LMT): Free Stock Analysis Report

Raytheon Company (RTN): Free Stock Analysis Report

ISHARS-US AEROS (ITA): ETF Research Reports

SPDR-SP AER&DEF (XAR): ETF Research Reports

PWRSH-AERO&DEF (PPA): ETF Research Reports

To read this article on Zacks.com click here.

Zacks Investment Research

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Read more:

Aerospace and Defense ETFs Soar Amid Rising North Korea Tensions - Nasdaq

North Korea saber rattling lights up aerospace & defense ETFs – Fox Business

Following Pyongyang's threats and President Donald Trump's pledge to bring "fire and fury" on North Korea, aerospace and defense sector-related exchange traded funds are coming back under the spotlight as a Trump play.

Despite geopolitical risks weighing on the markets, many are putting a renewed focus on the aerospace and defense industry as a means to play Trump's more hawkish rhetoric and plans to expand U.S. military operations. For instance, the White House has proposed a nearly 10% hike in the military budget to $603 billion for the fiscal 2018 year in February.

"This budget will be a public safety and national security budget," Trump in late February, calling for a "historic increase in defense spending to rebuild the depleted military of the United States of America at a time we most need it."

The latest round of saber rattling has fueled the outlook on defense spending after North Korea promised to "turn the U.S. mainland into the theater of a nuclear war" at the first sign of U.S. aggression and Trump's threat of "fire, fury and frankly power the likes of which this world has never seen before."

Looking ahead, the aerospace and defense sector may have more room to fly. Increasing geopolitical tensions that fuel the news cycle around the Mideast, North Korea and Russia could continue to support defense spending. The budget is expanding over the next few years after the recent contraction.

The sector also looks attractive on a technical basis.

Continue Reading Below

ADVERTISEMENT

The positive outlook could drive "total return of ~12%, consisting of ~10% annual EPS growth and ~2% dividend yields, which should sustain relative valuations, according to a recent Morgan Stanley note.

Potential investors interested in the aerospace and defense segment have a few ETF options to choose from, including the iShares U.S. Aerospace & Defense ETF (NYSEArca: ITA), PowerShares Aerospace & Defense Portfolio (NYSEArca: PPA) and the SPDR S&P Aerospace & Defense ETF (NYSEArca: XAR).

ITA is a cap-weighted ETF, meaning it has larger weights to big-name defense stocks, including Dow components Boeing (NYSE: BA) and United Technologies (NYSE: UTX). XAR is an equal-weight ETF. PPA holds 50 stocks involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations.

Additionally, the recently launched Direxion Daily Aerospace & Defense Bull 3x Shares (NYSEArca: DFEN) has experienced some rising demand among the trading community as a way to play the heightened tensions. DFEN, which was launched in May 2017, has $13.0 million in assets under management, and the ETF was trading at 77,000 shares Thursday, compared to its average daily volume of around 19,000 shares, according to Morningstar data.

This article was provided courtesy of our partners at etftrends.com.

Go here to read the rest:

North Korea saber rattling lights up aerospace & defense ETFs - Fox Business

Northstar Aerospace Workers Occupy Plant Over Pension Cuts – Chief Investment Officer

Northstar Aerospace workers have occupied their plant in Milton, Ontario, Canada, demanding that the company fulfill its pension obligations, after it announced the facility would be shuttered due to the loss of a major Boeing contract.

According to Unifor, the union representing the workers, current retirees, some of whom had worked for Northstar for more than 40 years, could face a 24% cut to their income because of Northstars insufficient funding of the companys pension plan, said Unifor.

This action sends a clear message to Northstar that the company cannot short-change workers and the pension of retirees that have made it profitable for so many years, said Jerry Dias, president of Unifor National in a statement. There is no financial reason for refusing to fund the plan. The only excuse is corporate greed.

The occupation began at 4 am on Aug. 10, and the workers said they have stopped production at the facility until Northstar holds up its end of a commitment to fully fund their pensions. After months the company has refused to discuss the matter, said Scott McIlmoyle, president of Unifor Local 112. Time is running out Northstar needs to do the right thing.

Although Unifor acknowledged that the loss of the Boeing contract makes it difficult to avoid closure, the union said the company is still very healthy and there is no financial excuse not to supplement the pension plan in order to protect future and current retirees.

The union said that the closure was unexpected by the facilitys 200 employees because Northstar workers had been assured that the Milton operation was on solid footing .

Our members helped build Northstar Aerospace into what it is today, said Scott McIlmoyle, president of Unifor Local 112. This is not right; the company has a moral obligation and the financial ability to make up the pension short fall. Northstar is a financially stable and profitable company.

Last week, more than 40 workers and Unifor members from the Greater Toronto Area picketed outside the Northstar facility in Milton, Ontario to pass out leaflets and speak with employees and management arriving for the morning shift. Unifor National President and Local 112 member Jerry Dias addressed the crowd.

We have blood and sweat in this place, and there is no way that theyre taking the machinery out of here and cutting our members pensions, Dias told the crowd. When we say my sisters and my brothers, we mean it and we will fight for you.

Northstar first announced the Milton plants closure in January, which it blamed on the loss of its contract with Boeing for gears.

This facility closure is the result of market factors, not the facilitys performance, said Thomas Smith, Northstars vice president and general manager, in a bulletin to the workers. The closing of the Milton facility is the result of the loss of content on the Boeing AH-64E Apache program. There is not sufficient additional new work to make up for the drastic loss of content on the Apache program for the operation to remain open.

Tags: Northstar Aerospace, pension, strike

View post:

Northstar Aerospace Workers Occupy Plant Over Pension Cuts - Chief Investment Officer

Aerospace and Defense ETFs Soar Amid Rising North Korea Tensions – Zacks.com

Defense stocks have been rising with escalation of tensions between the US and North Korea, while the broader stock rally has stalled. Raytheon (RTN - Free Report) , Lockheed Martin (LMT - Free Report) and Northrop Grumman (NOC - Free Report) hit record highs after President warned North Korea against making any more threats to the US.

Trump said North Korea faces fire and fury like the world has never seen before and the rogue nation responded by threatening to launch a missile strike on Guam.

The sentiment for Aerospace & Defense stocks improves with rising geopolitical tensions. They surged after US missile strikes on Syria. And, that is one of main reasons why these stocks performed well in the last few years, despite defense budget cuts in the US and Europe.

Many developing countries including India, UAE, Saudi Arabia and Brazil have increased their defense spending over the past few years. Of late, Japan and South Korea have also boosted their defense spending in response to increased military spending by China. Trumps budget proposals call for a boost in US defense spending, which would be positive for these stocks.

Most aerospace & defense companies reported excellent earnings for Q2 and have seen continued positive momentum in earnings estimates. Aerospace & Defense ETFs have significantly outperformed the broader market this year.

To learn more about top ranked Aerospace & Defense ETFs--the iShares U.S. Aerospace & Defense ETF (ITA - Free Report) , the SPDR S&P Aerospace & Defense ETF (XAR - Free Report) and thePowerShares Aerospace & Defense Portfolio (PPA - Free Report) , please watch the short video above.

Will You Make a Fortune on the Shift to Electric Cars?

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker Free >>

The rest is here:

Aerospace and Defense ETFs Soar Amid Rising North Korea Tensions - Zacks.com

Automotive, Aerospace Materials on AutoVision Conference Agenda – WEKU

Automobile executives fromacross Kentuckyand beyondhave been briefedthis weekon many facets affecting their industryduring the annual Autovision conference in Lexington.

Among the topics has been materials used in building todaysvehicles.

Larry Brown is director of Detroit-based Lightweight Innovations For Tomorrow or LIFT, a public-private non-profit partnership.

Brown says, in vehicle construction, its all about finding the right material for the right place.

We can selectively put the right materials where we see the highest loads, whether its crash or what have you in the right place, said Brown. So, at the end of the day we do result in lightweight solutions and we do not compromise the safety of the vehicle.

In his presentation, Brown spoke of aluminum, magnesium, and titanium as well as steel and hybrid materials.

Presentations did not focus exclusively on four-wheeled vehiclesonthe ground. Brown touched on aerospace applications in addressing auto executives.

He says moving to lighter construction materials for aircraft can affect both commercial and military operations.

Brown says the aerospace industry may be a little more aggressive than the automotive business in going after newer materials and paying a little more. Kentuckyrankssecond place nationallyinaerospace exports.

The LIFT executive says a program initiated this past spring aims to help military personnel move from the armed services to manufacturing jobs.

We launched that with the idea to reach out to military that we know are going to be separating in the next six months and start a training program that they could start to get into now, noted Brown. So, that once they leave the gates of Fort Campbell, theres a job, theres an opportunity lined up for them.

Brown concluded his remarks noting that the perception of manufacturing jobs being dirty and dangerous remains alive and well today. But the LIFT executive says manufacturing is moving every day into a more high tech profession.

Here is the original post:

Automotive, Aerospace Materials on AutoVision Conference Agenda - WEKU

Indiana aerospace takes off – The Herald Bulletin

Indiana is perhaps best known for its Hoosier hospitality and endless fields of corn. Few know the state is also home to a thriving aerospace industry. Thats right rockets.

In 2016, Indiana was ranked sixth in the nation as one of the most attractive states for aerospace manufacturing, according to a report from PricewaterhouseCoopers. Just one year before, it was ranked 18th.

It is an under-recognized, maybe underappreciated, sector of Indianas economy, said Ryan Metzing, executive director of the Indiana Aerospace & Defense Council.

Aerospace, as defined by Metzing, is a broad industry comprised of companies that design, manufacture or service various types of aircraft. Aerospace technologies range from military to commercial use, developing drones, aircraft and satellites.

Statewide, were seeing growth, he said. I think the commercial aerospace aviation sector is doing really well. That sector is projecting huge growth over the next 10 years or so.

With aircraft orders lined up for the next decade, Metzing believes Indianas aerospace industry is poised for success.

I think a lot of it has to do with some of the investment that had been going on here, he added. All of the deals over the past three or four years brought in more than $1 billion of investment in Indiana.

Rolls-Royce and Alcoa, two of the states largest aerospace companies, made significant investments in 2015. Rolls-Royce dedicated $600 million for redevelopment at its Indianapolis location, while Alcoa doubled its capacity after starting construction on a new jet engine parts facility in La Porte.

Collectively, the companies employ almost 9,000 Hoosiers. Many of those, Metzing noted, are experienced manufacturers.

Indiana has the strongest manufacturing workforce per capita in the nation more than 17 percent, he said. When you take how strong we are in manufacturing in general, and then marry that with some of these major aerospace investments that helped to boost our ranking.

New frontiers

Anderson inventor Pete Bitar isnt surprised Indiana is ranked so high on the list. Bitar created AirBuoyant, an aerospace company that specializes in personal flight. In his 11 years of experience, hes watched Indianas aerospace industry transform.

Were starting to see things like Amazon delivering packages with drones, electric vehicles that you fly in an urban environment, Bitar said. Youre seeing these new frontiers develop based on the new technologies and capabilities from the market today that werent there five to seven years ago.

But Bitar isnt completely satisfied with Indianas recent success.

We dont have a lot of headquartered aerospace companies in Indiana, he pointed out. Thats the challenge looking forward. And Im hoping in some small way I can contribute to that.

Though his local business is small, Bitar hopes he can be an example to prove its possible to come up with innovative ideas and keep them close to home.

Were developing an electric jet pack for personal flight that you can wear and fly around in, with no fuel, he said. If we can develop what Im developing and manufacturing here in Madison County, that can then be applied to other companies and other ideas coming through in the aerospace field.

Metzing agreed having a diverse aerospace industry across the state will be beneficial in the long run, no matter the company's size.

It provides a nice opportunity to grow some of those smaller communities, Metzing said, if we can get the aerospace companies to continue their growth.

Contact Katie Stancombe at 765-648-4258 or katie.stancombe@indianamediagroup.com.

Read this article:

Indiana aerospace takes off - The Herald Bulletin

Aerospace Combat Command Instead of Space Force? – Breaking Defense

Over the past two years, Americas near-peer competitors have reorganized and integrated their air, deterrent, missile defense, cyber and space forces to make them more effective.

But U.S. competitors arent just reorganizing; they are building and fielding capabilities that create new vulnerabilities for the U.S. in space. As Gen. Jay Raymond, head of Air Force Space Command said in recent testimony:In the not too distant future, near-peer competitors will have the ability to hold every U.S. space asset in every orbital regime at risk.

Dissatisfied with the speed of the Air Forces response to these challenges, House Armed Services strategic forces subcommittee Chair Mike Rogers and Ranking Member Jim Cooper have proposed (and the full House has adopted) a semi-independent Space Force within the Air Force Department in the House version of the fiscal 2018 National Defense Authorization Act.

In a joint statement, Chairman Rogers and Rep. Cooper say:There is bipartisan acknowledgement that the strategic advantages we derive from our national security space systems are eroding We are convinced that the Department of Defense is unable to take the measures necessary to address these challenges effectively and decisively, or even recognize the nature and scale of its problems.

Congressional frustration with the Air Force is understandable. After years of Air Force underinvestment in the basics of access to space, the United States depends on Russian engines to get national security satellites into space. To make matters worse, U.S. satellites often run into technical challenges and cost overruns that delay them for years. And when they finally arrive in orbit, they are increasingly vulnerable.

Russian-made RD-180 engines propel an Atlas V rocket heavenward.

In addition, after years of failed investment in reusable launch systems designed to lower the cost of access to space, the Air Force left it to the private sector to solve the challenges of inventing a practical, reusable first stage.

But the best response to todays challenges may not be the creation of a separate and weaker Space Corps, one carved out of a diminished Air Force and authorized by statute to focus mainly on making space safe for satellites.

History suggests that integrated operations and unity of command are much better than stovepiping in successful military operations.

Instead of a separate Space Corps, Congress and the Trump Administration should consider an integrated United States Aerospace Force with new capabilities derived from American industry allowing it to affordably and routinely cross the boundary between air and space.

Industrys recent success with the launch, landing and reuse of Mach 3 to Mach 10 rocket vehicles indicates it can provide this capability, given the right focus from national leadership.

With reusable launch vehicles and higher flight rates driving the cost of access to space down, an Aerospace Force would have far less incentive to raid space accounts to buy air platforms, addressing Chairman Rogers concern that the Air Forces current organization force[s] space to compete with F-35s.

This would not be the first time the US military has needed help from the private sector. In the early 1930s, Boeing leapfrogged the capabilities of contemporary Army Air Corps aircraft when it introduced new aerodynamic and technical features into commercial airliners for the first time in the Boeing 247 with its all-metal flush-rivet semi-monocoque construction, fully cantilevered wing, and retractable landing gear.

These technologies were developed for commercial reasons not in answer to military requirements but after the Air Corps poor performance in the Air Mail crisis and the Baker Boards recommendations to the Corps in 1934, the War Department leveraged these commercial advances directly into warfighting capability through the acquisition of aircraft such as the Boeing 299 (B-17 bomber), the DC-2 (B-18 bomber) and the DC-3 (C-47 military transport).

These aircraft, whose basic technologies were developed by industry for the purpose of transporting civilians safely and profitably, became the backbone of military and civilian aviation through World War II and beyond.

This can be done again today, by

A revitalized United States Aerospace Force could:

This would require bold vision and leadership from the Air Force, comparable to the leadership shown by its leaders at the services birth. The Air Force has shown that it can rise to any challenge from the Berlin Airlift forward to the Persian Gulf especially with the right encouragement and leadership from the Congress and the White House.

Bill Bruner, a former NASA assistant administrator and fellow in the Speakers Office under Newt Gingrich, is CEO of New Frontier Aerospace, a space technology development and consulting company.He is a retired Air Force colonel.

See the original post:

Aerospace Combat Command Instead of Space Force? - Breaking Defense

Police grill Likud minister for 3rd time in aerospace graft probe – The Times of Israel

Police on Thursday questioned Welfare Minister Haim Katz (Likud) for a third time as a criminal suspect in an investigation into alleged corruption at Israel Aerospace Industries.

Katz served as head of the IAI workers union for over two decades before becoming a minister two years ago.

The interrogation at the headquarters of the Lahav 433 anti-corruption unit in the central city of Lod was the third time Katz was questioned under caution by police in connection to the affair.

Suspicions of corruption, fraud and breach of trust at IAI became public in March when police raided the defense contractor, arresting 14 people among them Katzs son Yair.

The younger Katz, 36, who serves in the senior management of IAI and has been a member of its powerful workers union for four years, was arrested at the time on suspicion of coercing employees into joining his fathers Likud party.

He was held along with fellow union member David Peretz and their homes were raided and searched.

Yair Katz (L), son of Welfare Minister Haim Katz (Likud), at a remand hearing at the Rishon Lezion Magistrates Court, March 22, 2017. (Flash90)

The labor union at IAI, which employs some 16,000 people and is Israels largest state-owned company, is seen as closely tied to the senior Katz.

Responding to the attorney generals decision in March to allow police to question Katz, the minister said that he and others and the IAI were the targets of an unjustified smear campaign.

I will cooperate fully with the investigation and I am sure that everything will return calmly to the way it was before, he said in a statement.

In a separate case, the Israel Securities Authority is investigating suspicions that Haim Katz after being appointed a minister bought shares in a real estate company shortly before the company announced it was merging with the Airport City business park in summer 2015. Together with another suspected insider dealer, he is thought to have illegally reaped a NIS 290,000 ($75,000) profit.

Times of Israel staff contributed to this report.

The rest is here:

Police grill Likud minister for 3rd time in aerospace graft probe - The Times of Israel