XCOR Aerospace lays off remaining employees – SpaceNews

XCOR Aerospace suspended work on the Lynx, a two-seat reusable suborbital spaceplane, in 2016. Credit: XCOR Aerospace

WASHINGTON XCOR Aerospace, a company developing rocket engines and a suborbital spaceplane, has laid off its remaining employees but is continuing efforts to raise funding to maintain at least some of its projects.

In a statement provided to SpaceNews July 5, Michael Blum, a member of the companys board of directors who is also serving as acting chief executive, said some critical employees would be retained as contractors as the company attempts to stay alive.

Due to adverse financial conditions XCOR had to terminate all employees as of 30 June 2017, Blum said in the statement. XCOR management will retain critical employees on a contract basis to maintain the companys intellectual property and is actively seeking other options that would allow it to resume full employment and activity.

Blum did not disclose how many employees were laid off or how many would be kept on as contractors. In May 2016, XCOR laid off nearly half of its 50 to 60 employees as it devoted its resources to a liquid hydrogen/liquid oxygen engine the company was developing under contract with United Launch Alliance.

At that time, XCOR said it was suspending work on Lynx, a two-seat suborbital spaceplane the company had been working on for several years to serve the space tourism and research markets. Company officials said earlier this year that XCOR had not entirely abandoned the Mark 1 prototype vehicle that had been under construction at its Mojave, California, facility.

Although we have advanced the program with much of our recent efforts, completion of the prototype is funding dependent, Marco Martinez-Venturi, head of astronaut relations at the company, told SpaceNews in March.

With its employees laid off, company sources say management and investors are working to save at least some of XCORs products, keeping the company from folding entirely.

The company is also without a permanent chief executive. Jay Gibson, hired as chief executive in March 2015, left the company at the end of June. The Trump administration nominated Gibson June 16 to be the Deputy Chief Management Officer at the Department of Defense.

Blum, the acting chief executive, formerly was chief financial officer and a co-founder of Firefly Space Systems, a company that was seeking to develop a small launch vehicle. That company furloughed its staff in September 2016 after a planned funding round fell through. In March, it announced the sale of virtually all of its assets.

XCORs decision to lay off its remaining employees could also jeopardize a $10 million financial incentive package it received in 2012 to move the company to Midland, Texas. Brent Hilliard, chairman of the board of the Midland Development Corporation, which provided the incentive package, told the Midland Reporter-Telegraph that the board will meet with XCOR July 6 to discuss the companys status.

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XCOR Aerospace lays off remaining employees - SpaceNews

Aerospace and Defense: Who are the Digital Frontrunners? – IndustryWeek

What aerospace and defense firms are investing in the digitization of their businesses? According to a new study by the Boston Consulting Group (BCG), the answer is just about everyone. But simply spending money on digital capabilities doesnt make you a leader in this rapidly changing sector.

How much a company invests in digital generally does not influence whether it is a digital frontrunner or a digital follower, says Greg Mallory, a BCG senior partner and a coauthor of the report. Rather, the frontrunners in the race to extract value from digital are those A&D companies that define an enterprise-wide digital vision to guide their investment decisions across functions and that establish the right supporting structures, roles, and culture.

The study of 110 senior executives and managers at A&D companies found that nearly 100% of the respondents reported their digital investments were yielding positive results. These leaders appeared to regard digital investments as a low-risk move, as nearly half (45%) were willing to invest without a short-term business case.

Respondents fell into two groups frontrunners or followerson the basis of their self-reported success, BCG stated, in using digital in three categories: to improve operations, increase revenues and drive innovation. Among all respondents, 81% invested in digital to improve operations, while 49% did so to increase revenue and 52% to innovate. Of the companies that invested in all three categories, 58% are considered frontrunners.

While the level of spending did not generally correlate to being a digital leader, BCG found that 41% of frontrunners had higher spending levels on operations, while 25% had lower spends.

BCG said there are eight technology drivers reshaping aerospace and defense:

Companies are generally investing in similar technologies, BCG found. 3D printing for prototyping, simulation-based design, predictive analytics, and real-time monitoring are the most commonly implemented technologies, the firm stated.

Frontrunners apply digital technologies more broadly across their functions. They implement a digital technology in an average of 13 functions, compared with only nine functions for followers. BCG reported that a company is four times more likely to be a frontrunner in operations if it applies digital across the life cycle of the product, from initial program management to aftermarket and sustainment activities.

To support this broader implementation, BCG found digital frontrunners are developing an organization to support this transition. This includes a digital organization placed in the corporate offices or in business units, or as a shared service. The biggest differentiator between frontrunners and followers, BCG reported, is having a chief digital officer (CDO), although few companies have created this leadership position.

Both A&D frontrunners and followers ranked culture as the top challenge in adopting digital. After that, frontrunners cited finding the right digital solution, demonstrating the benefits of digital and identifying the right technology provider or partner. Followers said demonstrating the benefits of digital was their second most important challenge.

BCG warned that there would not necessarily be a lasting advantage for todays A&D frontrunners.

As more companies adopt similar approaches and digital tools become cheaper, the first-mover advantage erodes, the study stated. To stay ahead as competitors catch up, companies must ensure that their digital strategies continuously evolve.

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Aerospace and Defense: Who are the Digital Frontrunners? - IndustryWeek

Minister questioned a second time in Israel Aerospace Industries corruption probe – The Jerusalem Post

MK Haim Katz (Likud) 311. (photo credit:Marc Israel Sellem)

Labor and Social Services Minister Haim Katz was questioned for a second time at Lahav 433 headquarters in Lod on Thursday as a suspect in an ongoing corruption probe into Israels largest state-owned aviation manufacturer, Israel Aerospace Industries, police said.

Katz is suspected of ethical violations and threats, according to police. The suspicions reportedly involve Katz a member of the Likud Party and former chairman of the National Workers Union of IAI allegedly threatening people to join the Likud and vote for him in party primaries.

Katz was questioned starting Thursday morning until shortly before 3:00 p.m. Last week he was questioned for around five hours. He denies any wrongdoing.

The IAI investigation became public in March, after 13 people were arrested on suspicion of corruption, offenses which included aggravated fraud, money laundering, theft by a public servant, fraud and breach of trust. Later in March, Katzs son Yair, who is chairman of the engineering sector of the IAI workers committee, was arrested on suspicion of granting benefits to IAI employees in exchange for them joining the Likud Party.

Retired IDF Brig.-Gen. Amal Asad was also among those arrested on suspicions of receiving bribes from businessmen at technology company DruzeNet to further the companys interests with IAI.

Asad denies any wrongdoing.

Attorney Illan Bombach, who represents Yair Katz, told The Jerusalem Post in March that his client denied the allegations against him and was cooperating fully with the police. Bombach argued that the investigation was motivated by interests seeking to overthrow Katz and that his client has no control over IAI employees futures. Furthermore, Bombach argued, police provided no evidence of any correlation between Likud membership and career advancement at the IAI.

The arrests in what is termed Case 630, came after an extensive, nearly yearlong undercover investigation by the Lahav 433 anti-fraud unit in cooperation with the Tax Authority, Ministry of Defense Security Authority, or Malmab an internal investigation branch of the Defense Ministry accompanied by the State Attorneys Office Economic Department.

The investigation comprised a large number of sub-allegations raising suspicion of corruption offenses including aggravated fraud, money laundering, theft by a public servant, fraud and breach of trust, the polices Intelligence and Investigations Division said in a statement last week.

According to police, the investigation raised the suspicion of systematic criminal behavior and deep corruption seemingly commonplace in Israel Aerospace Industries.

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Minister questioned a second time in Israel Aerospace Industries corruption probe - The Jerusalem Post

Britain’s aerospace sector fears crash landing – The New European

PUBLISHED: 11:14 06 July 2017

Angela Jameson

The Rolls Royce XWB engine assembly line at the Rolls-Royce's aero engine factory in Derby.

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Some people go to Paris to buy beautiful clothes, others go to stock up on jets.

There was some good news out of this months Paris Air Show for the British aerospace sector, with UK manufacturers picking up about 13 billion worth of orders as part of the biannual event on an airfield in the Parisian suburbs. It was a welcome boost for the sector at a time when the Brexit storm clouds are looking ominous.

The UKs aerospace industry is bigger than you might imagine, but also very complex and important in that every job supports at least four more in a long supply chain.

Now the sector, which has grown hugely over the past 20 years, must face a reckoning. The UKs biggest manufacturers are Airbus, employing 12,000, Rolls-Royce and BAE Systems.

Other companies, who play a significant role in both commercial aerospace and the defence sectors, are Boeing, Cobham, Meggitt, GKN, Lockheed Martin, L3, Raytheon, Leidos, Babcock International and Northrop Grumman. In Belfast, there is Bombardier which employs 6,000. Besides these firms, there are more than 2,400 small and medium-sized businesses.

Total employment in the sector is about 250,000 jobs and sales are estimated to be worth in excess of 31 billion to the UK economy, with productivity growing at 19% since 2010.

Even more importantly, 90% of aerospace products manufactured in the UK are exported, providing a boost to our woeful trade deficit with the rest of the world. In fact, the UK is the second largest player in the aerospace world after the USA.

France, Germany and Spain would love to have a bigger slice of the aerospace cake and are just waiting for Brexit to provide that opportunity. So why is Brexit such a potential devastating blow to the health of British aerospace? There is no escaping the fact that UK manufacturers are fully intertwined in a global market. Some Rolls-Royce parts cross a border several times before they even reach an aircraft.

The aerospace industrys big worries are: fears over customs controls, concerns over skills shortages due to immigration policies and the need to ensure that the UK remains a member of the European Aviation Safety Agency which certifies the safety of aircraft products for sale and shapes standards for new markets, like drones.

Remaining a member of EASA is hugely important. If the UK were forced to go it alone and create a separate regulatory regime, the additional costs would be crippling for UK companies but also would deter overseas companies from investing here.

Not reaching a deal with the EU would have significant commercial consequences for UK industry, raising the costs of doing business, reducing our influence and damaging the UKs reputation as one of the best places in the world to develop new technology and create high value jobs.

Under WTO rules, the aerospace industry is exempt from tariffs but there are fears that EU-based companies would do all in their power to encourage governments to find loopholes that would raise the cost of production for UK manufacturers.

Ahead of the Paris Air Show last week, the aerospace industry started talking tough. Airbus laid down its minimum criteria from the UK government and said 110,000 jobs hinge on a successful Brexit deal.

The chief executive of Rolls-Royce pointed out that he was speaking for an extensive supply chain when calling for something as close as possible to the status quo on the cross-border movement of parts.

However, there was anger from the industrys leading executives that only junior ministers were drafted in to speak to the British delegation in Paris, at the last minute. A dereliction of duty and symptomatic of the moral and leadership vacuum at the heart of government one executive told the Sunday Times.

If the Government is beginning to understand that it needs a new peace accord with business, then stepping up to protect industries like aerospace is key.

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Britain's aerospace sector fears crash landing - The New European

Wipro arm signs strategic alliance with Israel Aerospace Industries – ETtech.com

Coinciding with Prime Minister Narendra Modi's visit to Israel, Wipro Infrastructure Engineering on Wednesday announced a strategic alliance with Israel Aerospace Industries (IAI) to make composite aerostructure parts and assemblies in India for the global market.

"We will set up a manufacturing facility in Bengaluru with IAI to make composite structures for global aircraft makers and tier-1 suppliers as per the defence offset guidelines of the Indian government," said the subsidiary of Wipro Enterprises Ltd.

The Bengaluru-based Wipro Enterprises is a global hydraulic solutions provider and a separate entity of the global software major's group. The facility would also supply the parts to IAI for meeting its compliance requirements.

As aerospace industry is strategic, the subsidiary had set up an aerospace actuator making facility in the Special Economic Zone (SEZ) at Devanahalli on the city's outskirts in 2013.

In 2016, it acquired H.R. Givon Ltd, an Israeli-based maker of metallic parts and assemblies for the aerospace industry. "The acquisition of Givon helped us to expand our product portfolio in aerostructure parts and assemblies, global footprint and forge customer relationships," recalled the statement.

The Kiryat Bialik-based Givon has three manufacturing plants, including two in Israel and one in the US. "The partnership with IAI will strengthen our presence in the aerospace sector and standing for global OEMs and help us explore opportunities in key markets," said Wipro Engineering Chief Executive Pratik Kumar in a statement.

IAI's commercial aircraft group General Manager Shlomi Karako said the partnership with Wipro arm was important as India was a major strategic customer of the Israeli aeropace and defence company.

"We will assist Wipro in building its composite facility with our knowhow and technologies as part of the Indian government's 'Make in India' initiative and expand it later," said Karako in the statement.

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Wipro arm signs strategic alliance with Israel Aerospace Industries - ETtech.com

StandardAero Aims to Buy Airbus’ Vector Aerospace – Rotor & Wing International

Vector Aerospace wiring. Photo courtesy of Vector

StandardAero plans to buy Airbus Vector Aerospace in a yet-to-be-valued transaction that could combine the operations of the global maintenance, repair and overhaul (MRO) service providers, the latter company said today.

Scottsdale, Arizona-headquartered StandardAero said it has entered into exclusive negotiations with Airbus to buy Vector, which the parent has been working to sell for more than 18 months. StandardAero said Vector produced revenues of $704.8 million in 2016. The exclusive negotiations are between StandardAero Aviation Holdings and Airbus SE.

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StandardAero said any acquisition deal would be subject to consultations with a workers council and customary approvals like regulatory clearances.

In June 2011, Vector was acquired by Eurocopter Holdings, a subsidiary of aerospace and defense giant (and Airbus predecessor) EADS for a reported price tag of more than $600 million. Moves following the acquisition included the transfer of EADS engine MRO holding, SECA, to Vector Aerospace. But Airbus has been streamlining and consolidating its operations, selling businesses to focus on core aerospace and defense activities. Vector has been on the list of operations to be sold since late 2015.

A successful takeover would make StandardAero an MRO giant. It is owned by the private equity firm Veritas Capital, which acquired the company two years ago for a reported price of $2.1 billion. StandardAero employs more than 3,500 in a dozen major facilities in North America, Europe, Asia and Australia, and has 13 more regional service and support centers. Its services include MRO for rotorcraft and aircraft engines, auxiliary power units and components, major airframe alterations and other services, FAA-authorized avionics capabilities, comprehensive engineering services, custom exterior and interior aircraft design, completion and paint.

Vector employs about 2,200 people in 22 locations across Canada, the U.S., the U.K., France, Kenya, South Africa, Australia and Singapore. It provides support for turbine engines, components and fixed- and rotary-wing aircraft.

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Wipro to make aerostructures with Israel Aerospace Industries – The Hindu


The Hindu
Wipro to make aerostructures with Israel Aerospace Industries
The Hindu
Wipro Infrastructure Engineering (WIN), part of Wipro Enterprises (P) Ltd and Israel's state-owned Israel Aerospace Industries (IAI) announced a strategic alliance for manufacturing composite aerostructure parts and assemblies. The announcement ...
Wipro Infrastructure Engineering ties up with Israel Aerospace IndustriesEconomic Times
Wipro Infra, Israel Aerospace tie up for manufacturing facility in BengaluruTimes of India
Wipro arm, Israel Aerospace to make aircraft structuresBusiness Standard
Hindu Business Line -Defence Aviation Post
all 7 news articles »

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Wipro to make aerostructures with Israel Aerospace Industries - The Hindu

UTC Aerospace Systems And Ophir Corporation To Collaborate On The Next Generation Of Laser Air Data Systems – PR Newswire (press release)

Unlike current pitot probe air data sensors, which monitor air pneumatically using pressurized air or gas, this new system will use Light Detection and Ranging (LIDAR) sensing techniques to measure various air data parameters. Laser air data systems are not susceptible to icing and aerodynamic drag, and as a result they free up power to be used elsewhere on the aircraft. Laser air data systems will operate reliably in virtually all environments and operate down to zero velocity and at all angles of attack and sideslip, thus expanding information available to the flight control system. One day, experts anticipate laser air data systems may even be able to look ahead of the aircraft to better navigate turbulence, thereby enhancing passenger safety and comfort.

The laser air data system technology developed by Ophir is unique in that it is capable of measuring the full range of air data parameters (temperature, velocity, angle of attack, angle of side slip and altitude) in a manner that is fully dissimilar to traditional air data systems. The companies anticipate that laser air data systems will be used in concert with UTC Aerospace Systems' field-proven air data sensors as part of a more intelligent air data architecture, complementing and strengthening an aircraft's overall air data collection ability and thus improving flight safety, aircraft efficiency and autonomous control.

Ophir has flight-tested prototypes and has demonstrated the performance potential of the technology. UTC Aerospace Systems and Ophir are collaborating in the design of a new prototype to improve performance, robustness and packaging for future flight-testing with customers.

"Ophir Corporation has been developing, manufacturing and servicing laser radar avionics systems for over thirty years. We are excited to use this heritage experience to collaborate with UTC Aerospace Systems for the commercialization of our laser air data sensor. We believe that this sensor potentially increases aviation flight safety, measurement availability and reliability by providing a redundant air data measurement in all weather conditions," said Ophir President Martin O'Brien.

"UTC Aerospace Systems has been at the forefront of air data technology since it was first introduced at the outset of the Jet Age, and we're proud to continue that tradition by collaborating with Ophir on laser air data sensors, which we believe represent the next frontier in air data collection," said Sensors & Integrated Systems President Justin Keppy. "By helping aircraft measure data more effectively under more conditions, laser air data sensors will allow pilots to make more informed in-flight decisions, thus enhancing flight safety and efficiency."

About Ophir CorporationOphir Corporation develops, manufactures and services laser radar avionics for military and commercial customers. Ophir provides innovative, laser radar solutions aimed to increase aircraft flight safety, optimize wind turbine energy production and meet the needs of our Nation. Ophir is a small business and is an AS9100C and ISO 9001:2008 certified aerospace contractor. For more information about the company, visit our website at http://www.ophir.com.

About UTC Aerospace SystemsUTC Aerospace Systems is one of the world's largest suppliers of technologically advanced aerospace and defense products. UTC Aerospace Systems designs, manufactures and services integrated systems and components for the aerospace and defense industries, supporting a global customer base with significant worldwide manufacturing and customer service facilities. For more information about the company, visit our website at http://www.utcaerospacesystems.com or follow us on Twitter: @utcaerosystems

About United Technologies CorporationUnited Technologies Corp., based in Farmington, Connecticut, provides high-technology systems and services to the building and aerospace industries. By combining a passion for science with precision engineering, the company is creating smart, sustainable solutions the world needs. For more information about the company, visit our website at http://www.utc.com or follow us on Twitter: @UTC

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UTC Aerospace Systems And Ophir Corporation To Collaborate On The Next Generation Of Laser Air Data Systems - PR Newswire (press release)

Manufacturing Software Helps Aerospace Assembler Track Production – Assembly Magazine

Airline passengers may not be familiar with the manufacturer SAFRAN Landing Systems (SLS). But, for the past decade, the companys braking, landing and monitoring systems have enabled millions of passengers to arrive safely at their destinations.

SLS is a large company (more than 7,000 employees), with design and manufacturing facilities across the globe. Assembly is performed in Asia (Seremban, Malaysia; Suzhou, China), Europe (Molsheim, Bidos, and Villeurbanne, France; Gloucester, England), Canada (Montreal), Mexico (Quertaro) and the United States (Walton, KY; Seattle).

Not surprisingly, the company faces production planning and scheduling problems at one or more of these facilities at different times. In fact, the biggest problem SLS has faced in recent years is knowing, at any moment, the true production capacity of each plant.

To meet this challenge, company management considered various types of management software. Ultimately, SLS settled on TrakSYS from Parsec Automation Corp. because it is configurable and scalable, provides Web-based reporting, and can be modified and expanded using internal resources.

In late 2015, SLS used the software at one plant as a test case. TrakSYS was installed on one server and connected to 12 CNC machines (on two assembly lines) and their control systems via an Ethernet LAN. Machine operators were able to interact with the systems at all times and view production and performance information, reports, enter observations and categorize events.

As for plant managers, they focused on how the software benefitted the plant in four areas related to production. First and foremost, managers used the software to analyze production and equipment data to determine true asset utilization. Also closely analyzed were production planning and scheduling accuracy, the production stream of the facilitys lean manufacturing program, and the impact of continuous-improvement initiatives like 5S,single-minute exchange of dies (SMED) to reduce equipment changeover time, and lean money indexing (LMI), which combines lean manufacturing with activity-based costing.

Within three months of deploying it [software], we were able to identify the root causes of production problems, prioritize them by their impact, and focus on measurably improving production capacity, explains Christophe Joubert, industrial vice president of the wheels and brakes division at SLS.

The software provided managers with correct and detailed production information in real time, including reports about major and minor bottlenecks. This enabled them to accurately determine process times and labor hours, correct resource allocations and utilizations, and, ultimately, increase the daily production of each CNC machine by an average of one hour.

Increasing production by this amount made it possible for SLS to achieve an ROI on the software in just three months, rather than 1 year as initially expected. TrakSYSs cost-effectiveness, combined with its production benefits, convinced SLS managers to implement the software on another 10 production lines at the plant.

For more information on manufacturing management software, call 714-996-5302 or visit http://www.parsec-corp.com.

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Manufacturing Software Helps Aerospace Assembler Track Production - Assembly Magazine

Global Aerospace Interior Sandwich Panel Market Likely to Grow at … – PR Newswire (press release)

Stratview Researchannounces the launch of a new research report onGlobal Aerospace Interior Sandwich Panel Market by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, and General Aviation), by Application Type (Floor Panel, Side Wall Panel, Ceiling Panel, Stowage Bin, Galley, Lavatory, and Others), by Core Material Type (Nomex Honeycomb, Aluminum Honeycomb, and Others), by End-User Type (OE and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022.

(Photo: http://mma.prnewswire.com/media/530533/Infographic_Market_Distribution.jpg ) (Logo: http://photos.prnewswire.com/prnh/20160831/402975LOGO )

This strategic report, from Stratview Research, studies the interior sandwich panel market in the global aerospace industry over the period 2011 to 2022. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Interior Sandwich Panel Market in the Global AerospaceIndustry: Highlights

As per Stratview Research, the global aerospace interior sandwich panel market offers a healthy growth opportunity of 5.5% CAGR during the forecast period of 2017 to 2022 and reach an estimated $1.6 billion in 2022. The author of the report stated thatIncreasing production rates of the key commercial and regional aircraft, such as B737, B787, A320, A350XWB, and C Series; upcoming commercial and regional aircraft, such as Comac C919 and Mitsubishi MRJ; rising requirement of lightweight and durable products in interior applications fueled by the introduction of stringent government regulations related to fuel consumption and emission reduction; advancement in the technology; increasing global aircraft fleet size; and growing awareness to improve passenger experience are the major growth drivers of the market.

The research's findings suggest that narrow-body aircraft is expected to remain the largest segment of sandwich panel market in the aerospace interior applications during the forecast period of 2017 to 2022, whereas, wide-body aircraft is likely to witness the highest growth during the same period, driven by an increasing demand for wide-body aircraft, such as B787 and A350XWB, in the developing economies, such as China and India. There is also a healthy demand for wide-body aircraft in the Middle-East region.

In terms of core material type, nomex honeycomb has been the perennial choice for a wide array of interior applications in the aerospace industry. All the major aircraft types including narrow-body and wide-body aircraft are heavily relying on this unique material. Nomex honeycomb offers large number of advantages over competing materials, such as lightweight, exceptional stiffness and strength, good corrosion resistance, good fire resistance, good thermal stability, and excellent dielectric properties.

As per the study, North America is projected to remain the largest aerospace interior sandwich panel market during the forecast period. Most of the aircraft manufacturers have manufacturing and assembly plants located in North America. Additionally, all the major sandwich panel manufacturers have presence in the region to support OEMs for the development of advanced products meeting emerging requirements of airlines. However, Asia-Pacific is expected to witness the highest growth during the forecast period. The largest commercial aircraft fleet size; the gradual shift of manufacturing/assembly plants of OEMs; and upcoming indigenous commercial and regional aircraft, such as Comac C919, ARJ21, and MRJ, fueled by increasing passenger traffic will continue to drive the Asia-Pacific market in the coming years.

Zodiac Aerospace, The Gill Corporation, B/E Aerospace (now Rockwell Collins), Euro-Composites Corp., FACC AG, Jamco Corporation, and Triumph Composite Systems are some of the major players in the aerospace interior sandwich panel market. New product development, adoption of advanced lightweight materials, and collaboration with OEMs are some of the key strategies adopted by companies to gain a competitive edge over others.

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This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

This report studies the interior sandwich panel market in the global aerospace industry and has segmented the market in five ways, keeping in mind the interest of all the stakeholders across the value chain. Following are the five ways in which the market is segmented:

GlobalAerospace Interior Sandwich PanelMarket by Aircraft Type

GlobalAerospace Interior Sandwich PanelMarket by Application Type:

GlobalAerospace Interior Sandwich PanelMarket by Core Material Type:

GlobalAerospace Interior Sandwich PanelMarket by End-User Type:

Global Aerospace Interior Sandwich Panel Marketby Region:

Stratview Research has number of high value market reports in the global aerospace & defense industry. Please refer to the following link to browse through our reports:

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Some of our other premium market reports in the aerospace & defense industry:

Global Aerospace Floor Panel Market by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, and General Aviation), by Core Material Type (Nomex Honeycomb, Aluminum Honeycomb, and Others), by End-User Type (OEM and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017 - 2022

Global Aerospace & Defense Composite Ducting Market by Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aviation, Helicopter, Military Aircraft, and Others), by Pressure Type (Low Pressure and High Pressure), By Reinforcement Type (Glass Composites, Carbon Composites, and Other Composites), by Matrix Type (Epoxy Composites, Phenolic Composites, Thermoplastic Composites, and Other Composites), by Application Type (ECS, APU, Avionics Ventilation, and Others), by Manufacturing Process (Mandrel Layup, Rotation Molding, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022

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Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

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Global Aerospace Interior Sandwich Panel Market Likely to Grow at ... - PR Newswire (press release)

Airlines, airports may struggle with US security deadlines – Tulsa World

Airlines and overseas airports will struggle to meet deadlines for implementing broad new security requirements on flights to the U.S., airline industry groups and consultants say.

Airports have a short timeline to comply with a few of the directives the Department of Homeland Security issued this week, according to a memo from the International Air Transport Association to its members. Some technology and even bomb-sniffing dogs required under the measures aren't readily available in each of the 280 airports affected.

"Getting the right equipment is one thing whether it's canines or X-ray machines. Training people to support those is another," said Michael O'Neil, chief executive officer of MSA Security, which provides security, training and other services. "Then it's going to come down to costs. None of this stuff is cheap. And who is going to be responsible for that?"

DHS didn't detail whether airlines, airports or governments must pay for the upgrades, he said.

The stepped-up standards are in response to intelligence showing terrorist groups have become more sophisticated in their bomb-making efforts and could hide explosives in laptops or other electronic devices. The measures include enhanced screening of electronic devices, more thorough vetting of passengers, increased use of bomb-sniffing dogs and measures to mitigate the potential threat posed by insider attacks, DHS Secretary John Kelly said Wednesday.

The new procedures, being put in place to avoid an outright ban of large personal electronic devices in airline passenger cabins, cover an average 2,100 flights a day coming into the U.S. and 325,000 passengers, DHS said. Airports that can't fulfill the new requirements by the deadlines might have to force fliers to give up their electronics, or flights to the U.S. may be banned altogether, Kelly said.

Explosive trace detection equipment required under the new measures isn't readily available on a wide scale, consultants said. Neither are bomb-detecting dogs, said O'Neil, who runs the largest bomb-dog program in North America.

"We believe that the development of the security directive should have been subject to a greater degree of collaboration and coordination to avoid the significant operational disruptions and unnecessarily frustrating consequences for the traveling public that appear likely to happen," Nicolas Calio, president of Airlines for America, said in a statement.

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Airlines have had ample opportunity to discuss the measures in multiple meetings with U.S. officials and the vast majority of airports should have no trouble meeting the new requirements, according to Homeland Security.

"This is a response to the risk posed to commercial aviation by terrorists," said David Lapan, a department spokesman. "We are addressing an evolving threat and the measures are not 'one size fits all' but intended to raise the baseline on aviation security worldwide."

The department is open to discussions with carriers that can't meet the deadlines, a senior Homeland Security official said in a briefing with reporters on Wednesday. The official requested anonymity to discuss details of the security measures.

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Airlines, airports may struggle with US security deadlines - Tulsa World

Aerospace giants bring products to air show to make pitch to AF – Dayton Daily News

DAYTON

Two defense aerospace giants showcased front-line products at the recent Vectren Dayton Air Show, and one senior defense expert says the showcase of the Lockheed Martin T-50 jet trainer and the Boeing MH-139 helicopter had a purpose beyond spectators seeing the aircraft up close.

Both firms are expected to compete for separate, billion-dollar Air Force contracts the T-50A in the T-X jet trainer replacement program and the MH-139 helicopter to guard nuclear-armed intercontinental ballistic missile bases on the Great Plains and to transport high-level government leaders in Washington, D.C.

The Air Force Life Cycle Management Center headquartered at Wright-Patterson Air Force Base manages both aircraft programs.

Defense contractors would not be spending their money to display at the air show unless they thought there was some chance of influencing competitive outcomes, said Loren B. Thompson, a senior defense analyst with the Virginia-based Lexington Institute and a defense industry consultant.

The Air Force runs such a rigorous process in awarding contracts that it would be hard to prove a connection between displaying and winning, he added in an email. However, it makes an impression when you see the product in real life, rather than seeing a pile of charts on a projection screen.

Lockheed Martin chose Dayton for the T-50As first demo debut at a U.S. air show and no other show demonstrations were planned, a company spokesman said.

One of the jets was on display on the tarmac and a Lockheed pilot and a program leader hosted a Facebook Live during the June 24 show to tout the T-50As capabilities and answer audience questions.

Lockheed Martin spokesman Rob Fuller said the jet was sent to Dayton for two reasons.

First, this show in one of the greatest aviation stages in America and we wanted to showcase just how ready our offering to the U.S. Air Force is in a very public forum, close to Wright-Patterson AFB so that officials there could have an opportunity to witness its performance as well, he said in an email.

Second, we took the opportunity to fly the final test data to the Dayton area in the T-50A, he added. We could not think of a more appropriate way to deliver it than in the very aircraft we are offering in this competition.

The Air Force has estimated the value of the contract to produce up to 350 jet trainers to replace the aging T-38 Talon would be $16.3 billion. A winner is expected to be declared early next year.

Lockheed teamed with Korea Aerospace Industries to design the T-50, which would be assembled in Greenville, S.C. Boeing, teamed with Swedish-based Saab, and Italian-based Leonardo announced they would offer their own aircraft in the competition. Boeing would build the T-X in St. Louis, Mo., and Leonardo would construct a new factory in Tuskegee, Ala., to assemble the T-100 jet trainer, the companies have said.

Boeing displayed the MH-139 on the grounds at the air show, and local media representatives flew aboard the helicopter at Greene County-Lewis A. Jackson Regional Airport.

The aircraft is one of at least two expected to be entered to replace the UH-1N Huey, which the Air Force flies to guard nuclear missile bases and to transport government leaders. Lockheeds Sikorsky announced it would enter the HH-60U Black Hawk helicopter, assembled in Connecticut, to grab the Air Force contract for 84 aircraft. A final request for proposals was expected this summer. The Air Force has not released a contract cost estimate.

The Dayton Air Show, one of the nations biggest air shows with tens of thousands of attendees, represents a unique opportunity to showcase the Boeing MH-139s capabilities, Boeing spokesman Jerry Drelling said in an email.

The shows close proximity to Wright-Patterson Air Force Base gives Air Force personnel and the public an opportunity to experience the aircraft up close, and learn why it is well-suited to replace the venerable UH-1N, known as the Huey helicopter, he added.

Based on an Italian-design from Leonardo, the MH-139 would be built in Philadelphia, Pa., in a Leonardo factory currently building the commercial AW139.

Some observers have said offering existing aircraft in both competitions cuts development risks and production costs. In several cases, that meant U.S. companies teamed with foreign aerospace firms.

Richard Aboulafia, an aerospace defense analyst with the Virginia-based Teal Group, said the military wants aerospace makers to export their aircraft to lower the price tag the Pentagon faces.

The problem is that exhibiting in Dayton doesnt really help make the case for foreign customers, said Aboulafia, who attended the Paris Air Show in June. It helps make the case for people who are already your customers. In other words, Paris is always going to be the big, global bazaar.

Despite the aerospace giants show of force in Dayton, an Air Force Life Cycle Management spokesman said it doesnt influence who wins contracts.

The bottom line is they hold these competitions fair and open to give everybody an equal opportunity to compete for the awards, said AFLCMC spokesman Daryl Mayer.

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Aerospace giants bring products to air show to make pitch to AF - Dayton Daily News

Israel Aerospace turns voracious for cybersecurity acquisitions – The Times of Israel

Israels Aerospace Industries, the nations largest aerospace and defense firm, is planning further acquisitions of companies to beef up its cybersecurity business and gain access to foreign markets, Esti Peshin, general manager of IAIs Cyber Division, said in an interview with The Times of Israel.

IAI said last week it was investing millions of dollars in two cyber companies in Holland and Hungary to expand its research and development activities. In Holland, IAI invested in Inpedio BV, a provider of cybersecurity solutions to governments and enterprises. In Hungary, IAI invested in Cytrox, which provides governments with solutions for the design, management and implementation of cyber intelligence as well as new ways to gather intelligence from end devices and cloud services.

Cyber intelligence is information that can be found about individuals and groups on the internet, social media, the dark web or the cloud. It is the ability to collect and analyze information from cyberspace for intelligence purposes, just like intelligence agencies use visual intelligence or signal intelligence.

IAI is growing its cyber intelligence capabilities through investments and possibly through mergers and acquisitions in the future, Peshin said in a phone interview. In addition, because cybersecurity is a global business, the company will be looking to acquire stakes in companies that are also global companies as these will help open doors to foreign markets.

To be able to operate well in certain countries we need to be present there in the form of a subsidiary or in actual operations, she said. So, taking into account this overall strategy, we will consider future M&As in this context, as and when we decide to pursue that.

Esti Peshin, General Manager of IAIs Cyber Division (Courtesy)

Cybersecurity has been earmarked by IAI as a strategic field and growth engine for the firm.

The cyber activities are focused on three areas: providing nations with end-to-end cybersecurity software and technologies; providing law enforcement and intelligence agencies with tools to gather cyber intelligence in a stealthy manner and make sense of the information gathered; and creating technologies that will help better protect the aviation and maritime industries, which are undergoing increased digitization.

IAIs cyber business has grown very significantly since it was set up in 2013, Peshin said. In 2016 the cyber division had sales of $100 million, still just a small fraction of IAIs total revenues of $3.6 billion.

To provide nations with end-to-end solutions, IAIs cyber division set up last year its IC3 consortium program that includes 10 of Israels top cybersecurity firms and startups, including Check Point Software Technologies Ltd., CyberArk, Verint, ClearSky and CyberX.

Their complementary areas of expertise help IAI give clients the widest possible security coverage, Peshin said. As far as I know, there are about dozen companies globally that are able to do that.

Companies globally have been investing in cyber-technologies to keep themselves and their customers safe, as cyber-criminals and nations become increasingly daring in their hacking attacks.

Israel is seen as a global leader in cybersecurity. Sixty-five new cyber startups were set up in Israel in 2016, and the nation maintained its leading position as a global center of cybersecurity innovation, a report by the nonprofit Start-Up Nation Central said.

In March, IAI said that the IC3 consortium got a contract worth tens of millions of dollars to set up a national cyber center in a country in Latin America.

IC3 is not yet providing Israel with its solutions, Peshin said, as it was established only after the Israeli government started implementing its cyber structures. We are now in contact with various organizations to do some sort of recovery on this because I believe the technologies can be significantly helpful for the Israeli government.

In its cyber intelligence activities, IAIs software helps intelligence agencies gather information focusing on IT networks, cellular phones and cloud based services in a market that is saturated with small companies that offer a wide variety of intelligence-gathering capabilities.

We are considered a strong player in this area for specialized intelligence capabilities, Peshin said. We offer a very broad range of capabilities with the ability to integrate them into a single holistic view.

Peshin served for 11 years as a deputy director of an elite technology unit in the Israeli army and took up a variety of posts in the private sector before setting up IAIs cyber activities in 2013.

An intelligent system needs to be able to gain access to information that may be readily available or hidden, needs to determine that it is important, and needs to do this in a stealthy manner, she said.

Intelligence services dont like people to know that they are collecting information about them they need to do it in a way that doesnt leave telltale signs, she said. So this is the essence of what we are doing.

The third area IAI is pursuing is that of creating cyber solutions for the aviation and the maritime industries: providing technologies to help protect airplanes, airports, sea ports and ships from cyber-attacks.

This is something we have been pursuing for the past year and a half and we are now in very advanced phases, Peshin said, adding that the company is in talks with various stakeholders and design partners to implement our solution.

She is cautious about revealing further details because of the extreme sensitivity of the matter, she said.

Illustrative: An Airbus A321 cockpit. (Ercan Karakas/GNU free/Wikipedia)

Every computer system is vulnerable to cyber-attacks; it is just a question of how persistent the attacker is, Peshin said. Today aviation systems are becoming more and more computerized. Modern planes are essentially flying data centers. A lot of work is being done to secure them to ensure that they have the lowest possible vulnerabilities to cyber-attacks. But when we are talking about computerized systems, I am of the opinion that there is no system that is immune.

And that is why specialized technologies are needed, she said. We believe that this business is going to be very very large because planes and ships are today the essence of the global economy. You need to be able to protect them, Peshin said.

Awareness is growing and regulation about the matter is starting to kick in globally, she said. IAIs avionics know-how and its cyber capacities put it in a unique position to lead in this area, she said.

I believe this will be a very important and growing business for IAI, she said. There are not many companies around the world that have both capabilities.

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Israel Aerospace turns voracious for cybersecurity acquisitions - The Times of Israel

Opelika mayor expects aerospace and aviation industries to visit soon following Paris Air Show – Opelika Auburn News

Representatives from Auburn and Opelika met with top executives and key decision makers in the aerospace and aviation industries recently at the Paris Air Show.

The event, which is held every two years at Paris Le Bourget Airport, attracts thousands of people to view exhibits from companies that include Airbus, Boeing, Lockheed Martin, GE Aviation, Pratt & Whitney and Rolls Royce. More than 350,000 people attended when the event was last held in 2015.

Opelika had several appointments with companies that are considering the possibility of locating a facility in the United States, according to Mayor Gary Fuller. He said he expects some of those companies to visit Opelika in the coming months.

The State of Alabama has an excellent reputation with many successful aerospace and aviation that have a plant in our state, Fuller said. Were working very hard, and so are our friends in Auburn, to attract these companies to our community.

Fuller and Opelika Economic Development Director Lori Huguley represented their city at this years show, held in late June. This was Opelikas third visit.

Representatives from the city of Auburn and Auburn University attended the show for the fourth time to recruit companies to come to their city.

We attend these shows when we have specific projects that we are targeting, said Phillip Dunlap, economic development director for the city of Auburn. Since our involvement in targeting aerospace companies we have successfully recruited three companies who are involved in this industry segment. A typical project may take 1-2 years to bring to fruition.

An announcement was made at this year's show by Alabama Gov. Kay Ivey and Winkelmann Group CEO Heinrich Winkelmann that the company, a German-based manufacturer serving the aerospace industry and others, will begin production at its first United States production facility in the Auburn Industrial Park. The new location will be called Winkelmann Flowform Technology LP.

The company plans to invest $12 million to establish the metal-forming plant and expects to create approximately 50 jobs over the next five years, according to a city of Auburn release.

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Opelika mayor expects aerospace and aviation industries to visit soon following Paris Air Show - Opelika Auburn News

UK aerospace industry is flying high after aircraft deliveries in May near last year’s record – City A.M.

THE UK aerospace sector has enjoyed a windfall of 10.5bn so far this year after the industry globally delivered 524 aircraft to its customers.

In May alone, there were 118 aircraft deliveries worldwide, the second largest on record behind 2016. The 84 single aisle and 34 widebody aircraft represent a fillip of 2.5bn to UK industry.

Widebody classes of aircraft such as the Boeing 777 and Airbus A380 continue to see a rise in delivery rates, with a two per cent increase year-on-year. However, overall deliveries are down slightly on 2016 levels, running 11 aircraft lower than the first five months of last year.

Paul Everitt, chief executive of UK industry body ADS, said: The aerospace sector is one of the UKs greatest industrial success stories, and is on track for another successful year.

In June, the Paris Air Show saw orders announced that will be worth another 13bn to the UK economy. Demand from customers continues to run at high levels, but we must make sure we invest in productivity to guarantee the UKs ability to compete in the years ahead.

A global order backlog remains of 13,312 aircraft and 23,038 engines, expected to be worth up to 210bn to the UK economy over the next decade.

Everitt added: In every part of the country aerospace companies are generating employment and spreading the benefits of growth. We want to see the Government give real backing to supply chains with a renewed commitment to the UKs world-leading Aerospace Industrial Strategy.

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UK aerospace industry is flying high after aircraft deliveries in May near last year's record - City A.M.

Aerospace Park construction to begin this fall – Bristol Herald Courier (press release) (blog)

BLOUNTVILLE, Tenn. The next phase of work is beginning on Tri-Cities Airports Aerospace Park.

Construction of an aircraft ramp is expected to begin in the fall. Its slated to take a year to complete at a cost of $3.5 million.

Airport officials say the park will go hand in hand with the airport and nearby Northeast State Community Colleges aviation program.

Tri-Cities Airport Executive Director Patrick Wilson estimates the Aerospace Park could create between 1,500 and 2,000 jobs. He expects detailed design of the park to begin in the fall and grading of the land to start next spring.

The opportunity for quality advanced manufacturing-type jobs is the biggest goal, said Wilson of development of the park.

The site is adjacent to the airport in Blountville. Twenty-one acres of the future 160-acre park have been graded and prepped as a cost-savings incentive to more easily attract companies to build there. The entire site will eventually be prepped.

Mark Canty, the airports director of trade and business development, said Tennessees Department of Economic and Community Development has found that businesses dont want to wait for site preparation.

They want something thats ready for immediate construction, he said.

The 21 acres that are ready could be taken by one company or several smaller companies, according to Wilson.

Canty said he has three to four prospects but wouldnt name the companies.

It will take $17 million to prep the rest of the site. The cities and counties that make up the Airport Authority both Bristols, Kingsport, Johnson City, Sullivan County and Washington County will pay $8.5 million of the cost. Wilson plans to fund the other half with an aeronautical economic grant.

An intergovernmental agreement is currently being drafted for the government bodies of those cities and counties to consider. Wilson hopes it will be ready in August.

A municipal advisor agreement with Raymond James & Associates for the Aerospace Parks funding initiative was approved by the authority in April. The agreement states that the proposed initiative would involve the cities and counties jointly funding debt service on up to $18 million in bonds to be issued through TCAA [Tri-Cities Airport Authority].

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Aerospace Park construction to begin this fall - Bristol Herald Courier (press release) (blog)

The Aerospace And Defense Trade Continues To Look Hot – Benzinga

The veracity of some of the once ballyhooed "Trump trades" has waned in recent weeks, but there is still one that appears very much intact, at least in ETFs: aerospace and defense .And if recent headlines out of Washington and elsewhereare any indication, this trade won't be cooling off any time soon.

The average year-to-date gain is close to 10 percent among the three largest, non-leveraged aerospace and defense ETFs, and all three currently reside near their record highs.

The trade is also supplemented by the recent launch of the Direxion Daily Aerospace & Defense Bull 3X Shares (NYSE: DEFN), whichseeks to deliver triple the daily returns of the Dow Jones U.S. Select Aerospace & Defense Index.

DFEN debuted in early May as part of a broader suite of Trump trade-inspired leveraged ETFs from Direxion.

The index tracked by DFEN is up over 11 percent year-to-date, no doubt helped by rallies in stocks likeBoeing Co (NYSE: BA) (up 26 percent), Lockheed Martin Corporation (NYSE: LMT) (up 9 percent), and General Dynamics Corporation (NYSE: GD) (up 13 percent). Those three companies combine to make up about 25 percent of the index.

For context, the S&P 500 is up a little under 8 percent for the year.

For aggressive, sophisticated traders, DFEN makes for a way to increase near-term return potential with a group of stocks that are not always known for being exciting or sexy. Much of the index is made up oflarge-cap names not usually known for big intraday moves.

Where DFEN could prove particularly useful going forward is around earnings season when batches of big-name aerospace firms deliver results over a single day or just a few days. Additionally, the ETF could prove to be useful on a tactical basis around announcements of increased defense spending by Uncle Sam, contract wins by individual components, or if geopolitical tensions continue to rise around the globe.

Posted-In: direxionLong Ideas News Sector ETFs New ETFs Markets Trading Ideas ETFs Best of Benzinga

2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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The Aerospace And Defense Trade Continues To Look Hot - Benzinga

Aerospace company in Newport fined $500K for 2015 explosion – The Spokesman-Review

UPDATED: Thu., June 29, 2017, 3:30 p.m.

NEWPORT An Eastern Washington aerospace company has been fined $500,000 by the state Department of Labor and Industries, one of the largest penalties ever assessed by the agency.

The agency announced the settlement Thursday in its case against Zodiac Cabin & Structures Support LLC of Newport.

Seventeen workers were injured in an explosion at Zodiacs plant in mid-July 2015. An L&I investigation completed in January 2016 found 17 willful violations, one for each worker who was injured and hospitalized. The company was originally fined $1.3 million.

Zodiac appealed the citation and the two parties reached the settlement.

The explosion at Zodiac Aerospace on July 14 was due to defective equipment and the lack of proper safety procedures, L&I said upon completion of its investigation. Zodiac Cabin was required to fix problems and will be subject to follow-up inspections.

The Newport plant has reopened. It makes plastics and other composite materials used in the production of airplane cabin interiors.

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Aerospace company in Newport fined $500K for 2015 explosion - The Spokesman-Review