Wichita’s already the Air Capital. Why not the ‘aerospace capital’ as well? – Wichita Eagle


Wichita Eagle
Wichita's already the Air Capital. Why not the 'aerospace capital' as well?
Wichita Eagle
Seeking to draw more military and NASA work to Kansas, Rep. Roger Marshall brought an influential committee chairman to Wichita State University's innovation and aviation campuses on Monday. Marshall is a member of the U.S. House Science Space and ...

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Wichita's already the Air Capital. Why not the 'aerospace capital' as well? - Wichita Eagle

Jeff Bezos accepts top aerospace award and Father’s Day pancakes in one weekend – GeekWire

With his wife Mackenzie Bezos by his side, Blue Origin founder Jeff Bezos accepts the Collier Trophy awarded to his New Shepard rocket. (NAA Photo)

Amazon CEO Jeff Bezos and the Blue Origin team has accepted one of the aerospace communitys most prestigious awards, the Robert J. Collier Trophy, for developing a reusable spaceship that could start taking on passengers as early as next year.

The National Aeronautic Association bestowed the honor upon Bezos Blue Origin venture back in March, but on Friday the team converged on The Ritz-Carlton, Pentagon City, in Virginia to pick up the trophy at the annual award dinner.

The trophy recognizes the greatest achievement in aeronautics or astronautics in America during the previous year. Over the past year and a half, Blue Origins uncrewed New Shepard spaceship conducted five successful round trips to space and back, earning it a place amongother pivotal moments in historysuch as the Wright brothers flights and the landing of the Curiosity rover.

The uncrewed flights are test runs for commercial passenger flights that could begin by the end of 2018, if Blue Origin sticks to Bezos hoped-for schedule.

This morning, Bezos reflected on the moment when he held the trophy up high, embraced by his wife, novelist MacKenzie Bezos, and surrounded by his team at an after party.

Winning the Collier Trophy is incredibly emotional for me and the whole Blue Origin team, Bezos said when the award was announced in March. Everyone on the team has given so much to get to this point, and we are deeply encouraged by this recognition. We will never stop working to drive down the cost of getting to space.

After accepting one of the highest aerospace honors, Bezos basked in a different kind of honor: being a dad on Fathers Day.

He shifted his focus from the New Shepard rocket to the newly released Lego NASA Apollo Saturn V rocket and tweeted a picture of his completed, 1,969-piece model.

Bezos wasnt the only one to take a break from aerospace and take in the joys of fatherhood on Sunday. United Launch Alliances Tory Bruno commented Me too, in response to Bezos tweet about loving fatherhood.

SpaceXs billionaire founder, Elon Musk, had some fun as well.

Musk tweeted a selfie wearing a Star Wars-themed shirt that read, I Am Your Father. Musk has five sons twins and triplets.

He also showed off a Fathers Day present from his family a brand-new iPhone case with his initials, complete with phone charm bling.

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Jeff Bezos accepts top aerospace award and Father's Day pancakes in one weekend - GeekWire

Aerospace companies find engineers at Nebraska race car … – Lincoln Journal Star

Over the past decade, entrepreneurial space companies in Southern California have set their sights on such goals as launching small satellites, carrying space tourists and colonizing Mars.

As they hire young engineers, those companies and more-traditional aerospace giants are finding talent in an unlikely place: a college race-car competition in Nebraska.

This week, 100 university teams will bring their prototype race cars to the Formula SAE (Society of Automotive Engineers) competition in Lincoln, where they will be judged on design, manufacturing, performance and business logic.

The aerospace leaders who help judge the contest that starts Wednesday say its also an opportunity to hear students explain design and production decisions, present their business cases and adapt on the fly.

Race cars and rockets are pretty similar, said Bill Riley, a Formula SAE alumnus from Cornell and competition judge who is now a senior director of design reliability and vehicle analysis at SpaceX. Its lightweight, efficient, elegant engineering. Those basic principles are the same, no matter what youre designing.

SpaceX has had fantastic success recruiting new hires and interns from Formula SAE teams, and from sister competition Baja SAE, which focuses on building an off-road vehicle, and other hands-on engineering competitions, said Brian Bjelde, the Hawthorne, California, companys vice president of human resources.

Of the 700 students who intern at SpaceX each year, 50 or 60 come from Formula SAE. And as of three years ago, about 50 percent of the companys 300-person structures team had worked on some sort of project-based design team in college.

For any candidate, the ones that are most successful at SpaceX have a combination of passion, drive and talent, Bjelde said. And to me, (Formula SAE) plays into the passion piece.

Aaron Cassebeer experienced the highs and lows of competition firsthand 10 years ago as captain of a Lehigh University team that won several design awards at competitions. But when a hose came loose and spilled oil into the cars chassis, a few drips landed on the track and the Lehigh team was disqualified.

It ended well for Cassebeer, though. His work with light, composite materials eventually impressed Scaled Composites, a cutting-edge Mojave, California, aerospace firm. That led to a nine-year career where, among other things, he designed flight controls for an early version of the space plane that Virgin Galactic aims to use to fly tourists to space.

The type of work I did happens to fit in really well with what Scaled Composites doesdesign and prototype, over and over again, Cassebeer said.

The basis of the Formula SAE competition is that a fictional manufacturing company contracts teams to build a prototype race car that is low-cost, high-performance, easy to maintain and reliable.

Industry judges question students on the design process, scrutinize their cost sheets and inspect the vehicles to make sure they are technically sound. The internal combustion engine car competition is the most popular, though an electric vehicle contest was added in 2013.

Race cars that pass technical inspections get the green light to hit the course at the LNK Enterprise Park for performance trials, testing things such as maneuverability, acceleration and endurance.

During the endurance test, two people drive the car around a course marked by traffic cones for a little more than 13 miles, which can take about half an hour and involves a driver switch. Many teams have a hard time finding a large, open space for testing, meaning the endurance test could be one of the few times the car runs that long without breaks.

The great thing about (Formula SAE) is its a full production cycle, said Dolly Singh, SpaceXs former head of talent acquisition who is now chief executive of high-heel designer Thesis Couture. These kids build the car from scratch. They have to test in a high-pressure situation and see how it performs.

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Aerospace companies find engineers at Nebraska race car ... - Lincoln Journal Star

Airbus helping to build aerospace futures in Alabama – Made In Alabama

Our initial cadre was mostly not from this region. We needed to have a more experienced workforce than the folks who were in the region allowed us to have, said David Trent, site director of the facility.

However, that quickly changed. Over the past five years or so, weve been able to hire almost exclusively from the region, or hire folks who are originally from the region coming back home, he said.

The facility, which recently celebrated a decade of operation in Mobile, has a low attrition rate, he added.

We know if we give our employees good work to do and a good place to do it, they seem to be quite loyal, he said.

GENERATIONAL APPROACH

In addition to supporting Airbus global operations and regularly interacting with colleagues in France and Germany, the facilitys employees volunteer their time and share their expertise at a nearby elementary school, middle school and high school.

Weve really taken a generational approach to transforming a community and its capabilities in engineering, avionics and aviation technology, Trent said. Weve adopted these schools, and a lot of our employees are very much engaged in these activities.

I think thats something that keeps them here as well. It really resonates with them.

At the elementary level, Airbus employees are involved in a Reading Buddies program with students. And at the middle school, the focus is on the Airbus Flying Challenge, a STEM and citizenship-mentoring program that rewards participating students with a flight on a single engine airplane.

The message is, when you stay in school, get good grades and stick with it, you have good options in life, Trent said.

At the high school, employees mentor students and help them with classroom presentations. Theyre also involved in other programs where students take special courses that will put them on an engineering or technician career track.

Airbus is involved in supporting scholarships and internship programs at the University of South Alabama, too.

Weve got a lot of activity on the education front because of the fact that if were going to need an engineer in 10 years, they need to be starting now, Trent said. If we dont take a generational view, were not going to be as strong as we need to be going forward.

In addition, Airbus teamed with the state to plan the Alabama Aviation Education Center, a planned $6.5 million facility in Mobile that aims to encourage young people to pursue careers in aerospace.

AEROSPACE ENGINEERS

Alabama is a popular place for aerospace engineers, according to federal employment data.

The state ranks in the Top 5 among U.S. states for the highest employment in the occupation, with nearly 4,500, according to a survey by the Bureau of Labor Statistics.California tops the survey, with aerospace engineer employment of 10,800.

The data is available for about 35 states and does not include Washington, a key hub of the aerospace industry and home base of Boeing Co. However, the numbers still indicate Alabama as a major player in the industry.

The vast majority of Alabamas aerospace engineers are employed in the Huntsville area, longtime home of operations for NASA, the U.S. Army and Boeing, as well as suppliers and support firms.

But the BLS data also shows a significant presence of aerospace engineers in Mobile, home to Airbus, and Southeast Alabama, which is dotted with facilities for Lockheed Martin, Sikorsky, Arista Aviation, Vector Aerospace and Commercial Jet Inc.

The annual mean wage for aerospace engineers in Alabama is $115,550.

Greg Canfield, secretary of the Alabama Department of Commerce, said Airbus and the state have a far-reaching partnership.

Alabama workers are delivering high-quality products and services for Airbus global operations, carrying on the states long and proud tradition in the aerospace industry, he said.

At the same time, the company and its local employees are making a profound difference in the lives of students here at home by showing them new worlds of opportunities and helping them achieve ambitious goals.

GLOBAL CONNECTIONS

When the Airbus Engineering Center opened in 2007, 35 people were working there, focused on cabin and cargo components and systems for the new A350 XWB aircraft.

Today, employees are still in the cabin and cargo business, but have expanded their focus to the A330, A320 and A380 aircraft as well.

Mornings at the facility are busy as the Mobile staff is typically coordinating with their colleagues in France and Germany, Trent said.

It really does create an exciting atmosphere for our engineers, he said. We get to touch and do things you dont get to do in a company unless its global and we get to meet people from around the world as we all work on a really great product.

Beyond the advantages they find on the job, the people working at the Airbus Engineering Center enjoy the advantages of living in Alabamas Port City, Trent said.

What weve experienced is, when people come here, they really tend to put down some roots, he said. Outside of work, they have a good quality of life, and they live in a community thats growing, a community that cares about Airbus.

And we care about them. And we try to provide cooperative opportunities for them to be involved in growing the community to what it can become.

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Airbus helping to build aerospace futures in Alabama - Made In Alabama

Gov. Bevin leaves for Paris to promote aerospace in KY – WKYT

Frankfort, Ky. (WKYT)- Gov. Matt Bevin is heading to the worlds largest aerospace event in Paris to discuss business and expansion opportunities for Kentucky.

This comes after Kentucky announced a $1.3 billion dollar investment by aerospace-related companies for multiple projects in the state. One project would include the nations first aluminum rolling mill which is expected to open in 2020 with 600 jobs.

During his time in Paris, the governor is expected to meet with world leaders in aerospace engineering to discuss their opportunities bringing their manufacturing to Kentucky.

"Kentucky is a top location in the U.S. for aviation and aerospace engineering, manufacturing and R&D. We offer formidable advanced-manufacturing resources and experience, plus workforce programs that set the bar nationally, logistics hubs that deliver products nearly anywhere globally overnight, and a network of available sites and buildings in attractive communities," Gov. Bevin said. "Meetings we have scheduled with corporate executives during the Paris Air Show will give us the opportunity to demonstrate how Kentucky meets their needs and provides the environment for long-term success."

Aerospace products already sit as Kentucky's top export with more than $10.8 billion dollars shipped abroad for the bluegrass state in 2016.

This year's Paris Air Show will include more than 2,300 exhibitors with more than 130 aircraft scheduled to be on display.

In 2015, the air show shattered its previous attendance records with more than 350,000 visitors.

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Gov. Bevin leaves for Paris to promote aerospace in KY - WKYT

Eight Maryland firms showcase products at Paris aerospace event … – Baltimore Sun

Eight Maryland companies participating in Gov. Larry Hogan's trade mission to Europe will seek business deals at an international aerospace industry event that kicked off Monday in Paris.

The firms will showcase their products and services during the week-long Paris Air Show at Le Bourget Airport, where Hogan and an executive team plan to meet with global business leaders to promote the state's aerospace industry and seek investments for Maryland.

The companies include ASTec Metalworks in Middle River; Applied Defense Solutions in Columbia; Jackson and Tull in Greenbelt; OCR Services in Rockville; Orbit Logic in Greenbelt; Planar Monolithics in Frederick; Tecore Networks in Hanover; and WGS Systems in Frederick.

Most received an ExportMD grant from the state department of commerce to help offset the cost of the show. The state will operate a promotional booth.

The event "puts Maryland and our job creators in front of the senior decision-makers at top aerospace companies, as well as more than 2,300 international exhibitors looking to buy and sell products and services," Hogan said in an announcement Monday.

Bob Wise, CEO of WGS Systems, said the show will allow the Frederick company to demonstrate its manned and unmanned airborne surveillance technologies to both international and domestic customers.

Maryland is home to some of the top aerospace companies in the U.S., including Lockheed Martin, Northrop Grumman Electronic Systems, BAE Systems and General Dynamics, as well as top defense contractors. The state is one of 20 states with exhibits at the show.

The trade mission is Hogan's third and also includes a stop in London, where the governor, Commerce Secretary R. Michael Gill and senior administration officials plan economic development meetings with international companies planning to start or expand operations in the state.

lorraine.mirabella@baltsun.com

lorraine.mirabella@baltsun.com

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Eight Maryland firms showcase products at Paris aerospace event ... - Baltimore Sun

XCOR Aerospace CEO nominated for Pentagon post – SpaceNews

XCOR Aerospace is best known for Lynx, a suborbital spaceplane that the company suspended development of last year because of funding problems. Credit: XCOR Aerospace

WASHINGTON The White House has nominated the president and chief executive of suborbital spaceplane and engine developer XCOR Aerospace to a top position in the Defense Department.

In a list of nominations released by the administration late June 16, the White House announced it was nominating John H. Jay Gibson II to the position of Deputy Chief Management Officer within the Office of the Secretary of Defense. The nomination requires confirmation by the Senate.

Deputy Chief Management Officer is a position at the Under Secretary of Defense level, established by Congress a decade ago. The office is responsible for management of business systems within the Defense Department with a goal to better synchronize, integrate, and coordinate those efforts, according to the offices mission and vision statements.

Gibson had been president and chief executive of Midland, Texas-based XCOR Aerospace since March 2015, succeeding co-founder Jeff Greason, who became chief technology officer of the company. He came to XCOR from Beechcraft, where he worked for several years in executive positions in its government and defense business.

Gibson previously worked at the Pentagon during the administration of George W. Bush, serving as Deputy Under Secretary of Defense for management reform and Assistant Secretary of the Air Force for financial management, a position equivalent to chief financial officer.

XCOR Aerospace has gone through significant changes during Gibsons tenure leading the company. In November 2015, Greason and two other co-founders of the company, Dan DeLong and the late Aleta Jackson, left XCOR and founded Agile Aero, a company developing modern rapid design and prototyping techniques for aircraft and launch systems.

In May 2016, the company announced it was focusing the companys resources on an engine program backed by United Launch Alliance for potential use on the upper stage of its next-generation Vulcan launch vehicle. As a result, XCOR said it was halting work on its Lynx suborbital spaceplane, a two-person commercial vehicle that was the companys best-known project, laying off a number of employees in the process.

The company has said little about Lynx in the year since it decided to stop work on the project. Marco Martinez-Venturi, head of astronaut relations at the company, said in March that continued development of the prototype Lynx Mark 1 vehicle, and a test flight program, were dependent on funding.

Although we have advanced the program with much of our recent efforts, completion of the prototype is funding dependent, he said in response to questions about the status of Lynx development. The start of the test flight program, like the vehicle completion, is dependent on funding.

An XCOR spokesperson said June 18 that the company has not named a successor to Gibson, who is expected to remain at the company through the end of the month.

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XCOR Aerospace CEO nominated for Pentagon post - SpaceNews

Less of the high life as aerospace giants cut air show perks – Reuters

PARIS Blistering heat and a clampdown on fine food and giveaways ensured a mellow start to the Paris Airshow this year, despite a flurry of orders triggered by the launch of a new Boeing jet.

The world's largest aviation meeting usually takes place in a blur of champagne and jet fuel as aerospace giants celebrate multibillion-dollar deals under eye-popping flying displays.

This year, the tone appears more frugal.

"Everybody is making savings this year. The teams have been asked to cut back a little on anything that might appear futile," an official with a French defense company said.

Elsewhere, Airbus is cutting back on hospitality and cultivating a mood of austerity as it slashes spending after combining its headquarters and main planemaking division.

It has halved the 800-900 staff attending previous shows, officials said. Boeing also set limits on staff attendance.

Some delegates said Airbus was striking a more cautious image amid a sweeping ethics review.

"Everything is about compliance," said one insider.

For all but the top VIPs, the France-based company's traditional gourmet lunches are being replaced by finger food, and refreshments are mostly of the non-indulgent variety.

"We'll be gone by Tuesday," quipped one disgruntled executive at the start of the June 19-25 event.

Organisers said many companies had cut chalet space. That is partly because the number of exhibitors has risen, but it also reflects leaner times across the industry.

Exhibition halls were also noticeably less stocked with trade show promotional materials, delegates said.

It is not the first time air show hospitality has been placed on the back burner.

In 2010, champagne was banned from some facilities as U.S. arms firms cut back on anything that might suggest frills and perks to Pentagon planners and others weighing big defense cuts.

This year, defense spending is on the rise again and chalets of arms firms are humming with activity. But the civil side of the aerospace industry is hunkering down to produce planes as cheaply as possible after a multi-year order boom.

Although Boeing launched a new version of its 737 jet on Monday, overall commercial orders are expected to be down after planemakers filled their order books in previous shows.

(Additional reporting by Andrea Shalal, Giulia Segreti, Victoria Bryan, Mike Stone; Editing by Mark Potter)

WASHINGTON A man killed in a crash last year while using the semi-autonomous driving system on his Tesla Model S sedan kept his hands off the wheel for extended periods of time despite repeated automated warnings not to do so, a U.S. government report said on Monday

WASHINGTON The U.S. Federal Trade Commission said on Monday it will seek to stop the merger of DraftKings and FanDuel, because the combined company would control more than 90 percent of the U.S. market for paid daily fantasy sports contests.

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Less of the high life as aerospace giants cut air show perks - Reuters

MB Aerospace signs $1bn contract with US firm – BBC News


BBC News
MB Aerospace signs $1bn contract with US firm
BBC News
A Scottish engineering firm has signed a $1bn (780m) contract to provide flight engine parts to a US company. MB Aerospace said it would recruit 160 new staff as part of the 10-year agreement with Pratt & Whitney, a division of United Technologies ...
Scotland's MB Aerospace welcomes a $1bn "milestone" contract with US firm Pratt & WhitneyCity A.M.
Lighter Weight, Higher Reliability. UTC Aerospace Systems Sheds New Light On Temperature Measurement.PR Newswire (press release)
MB Aerospace wins $1bn contract with United Technologies Corporationinsider.co.uk
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MB Aerospace signs $1bn contract with US firm - BBC News

Ontario’s Aerospace Industry Soars to Great Heights – Aviation Week

Compare the global aerospace industry to a tree. Its branches reach into just about every country in the world; but, just like a tree, those branches cannot thrive without a strong, supportive root structure. That support comes from a nurturing environment and in the case of aerospace, that environment must include several key ingredients. Among them: favorable business costs, an educated workforce, a business climate focused on innovation, and easy access to global markets.

Ontario's aerospace industry is the second largest in Canada, employing 21,000 people and realizing more than $6 billion in annual revenues. In fact, KPMG's Competitive Alternatives 2016 report found that it costs less to manufacture aerospace components in the Toronto area than it does in many larger U.S. clusters, including Seattle and Wichita. That report also found that aerospace manufacturing costs are lower in Canada than in any other G7 nation, and labor costs are among the lowest in the same group.

PRODUCT FOCUSED Ontario's aerospace industry is concentrated around specific clusters, including aerostructures, landing gear systems, avionics and flight management, turbine engines, environmental conditioning/electric power, space and maintenance, repair and overhaul (MRO). In fact, there are more than 200 Ontario aerospace companies with a wide range of specializations across aerospace design, manufacturing, and product support.

"The core of the industry in Ontario is actually in our Tier 1 and Tier 2 companies the systems integrator companies and the ones immediately below them," he said. "They make a product, or provide big work packages (to OEMs)," says Moira Harvey, executive director of the Ontario Aerospace Council (OAC).

RESEARCH AND DEVELOPMENT DRIVE INNOVATION "One of our best assets is Ontario's engineering expertise," says Harvey, referring to the over 40 university and college programs in Ontario related to aeronautics, aviation and space. "The number of schools in Ontario that graduate really well-trained engineers nearly 40,000 STEM graduates a year offers great support for research and technology development. And thats what drives innovation in this sector."

RENDERING OF THE DOWNSVIEW AEROSPACE CLUSTER FOR INNOVATION AND RESEARCH, THE FIRST PHASE OF WHICH OPENS IN 2018 A good example of where Ontarios aerospace industry is heading is the Downsview Aerospace Cluster for Innovation and Research (DAIR), opening in 2018, which will unite stakeholders from Ontario's strongest universities with aerospace industry leaders. DAIRs working group includes education and industry partners who aim to create a global hub for aerospace research in Downsview, Ontario, such as the University of Toronto's Institute for Aerospace Studies, Centennial College, and prominent companies such as Bombardier and Honeywell, among many others.

MADE IN ONTARIO Ontario is home to several aerospace-related firsts and notable accomplishments:

BOMBARDIER IN TORONTO There are many other success stories. "What happened with Mitsubishi Heavy Industries (MHI), was amazing," says Harvey. "They went from zero to about 600 people in just seven years, and have already outgrown their initial facility. They chose to move it here from Japan, because a lot of it was for Bombardier."

In order to be closer to Bombardier, for whom it builds business jet components, MHI opened a Toronto-area manufacturing. In just four years, the company had moved to a new facility and doubled its size.

Although MHI brought its own production activity, Harvey says there are opportunities for companies that identify existing supply chain gaps and move to fill them.

"For example, there is a big need for aerostructures plating and processing capabilities today," she reports. "There is a shortage, so somebody could bring that capability and fit in there."

LOCATION, LOCATION, LOCATION Businesses that locate in Ontario have direct access to the U.S. market, including government and military procurement programs. Ontario businesses have the ability to bid and work on U.S. military projects through special trade agreements and specific exemptions under U.S. International Traffic in Arms Regulation.

In the commercial aircraft sector, Ontario companies are active on virtually every passenger aircraft programs in the world. Ontario is also home to the large majority of companies in the Canadian space industry - in fact, 2014 revenues from the Canadian space sector indicate that Ontario-based companies contribute the majority of the country's space sector revenues.

In a world where innovation is critical to survival, Ontario has created an ideal environment for aerospace. Access to skilled labor and a mature supply chain, a favorable tax structure, and collaboration across all levels of industry and academia are drivingthe success of Ontario aerospace.

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Ontario's Aerospace Industry Soars to Great Heights - Aviation Week

Ukrainian Aerospace Industry Finds Ways to Thrive – Aviation International News


Aviation International News
Ukrainian Aerospace Industry Finds Ways to Thrive
Aviation International News
During the Soviet period Ukraine was a distant second to Russia in terms aerospace system design bureaus. While the major aircraft, helicopter and missile design centers were almost all located in Moscow, the Ukrainian capital of Kiev was home to only ...

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Ukrainian Aerospace Industry Finds Ways to Thrive - Aviation International News

Governor Ivey talks Alabama aerospace growth at Paris Air Show – Made In Alabama

The Aerospace Alliance cruise on the River Seine gave Governor Ivey her first chance on the Paris Air Show mission to talk business with high-level executives in the field and share her commitment to supporting aerospace industry growth in Alabama.

Made in Alabama caught up with Governor Ivey to capture her thoughts on what she wants the team accomplish at the 52nd installment of the Paris Air Show, which officially starts Monday at Le Bourget Airport.

Why is it important for Alabama to be at the Paris Air Show?

The aerospace industry in Alabama is thriving and we want to see even more growth in this vital sector. At the Paris Air Show, well get a chance to talk with many industry decision-makers in private meetings, telling them Alabama is open for business. Its a perfect opportunity to tell them about our advantages.

To make sure Alabama remains a leader in aerospace, we must be strategic and work on building the relationships that will bring more jobs and investment to the state.

The Paris Air Show is the best place in the world to do that.

What are your goals for the Paris Air Show mission?

The primary mission of Alabamas economic development team at the Paris Air Show is to promote the state to aerospace companies from around the globe. I want to personally share with the leaders of these companies my commitment to make Alabama the ideal location for them.

Recruiting companies like Boeing, Airbus, Lockheed Martin and GE Aviation has made Alabama a force in the aerospace industry. In Paris, well be working hard to position Alabama for a new wave of growth.

Aerospace is lifting off in Alabama, and we have to make sure it continues climbing.

What specific messages will you convey at the Paris Air Show?

Thats easy. Alabama has a rich history in aerospace, going back to the Wright Brothers, who set up a flight school in Montgomery more than a century ago. Rocket scientists and engineers at NASAs Marshall Space Flight Center in Huntsville made the moon landing possible. We have a great heritage.

Today, Alabama has everything an aerospace company needs to succeed. We have the skilled workforce and top-rated training programs. We have a pro-business environment and a solid transportation infrastructure.

For aerospace companies, we really have it all.

Why do you want to see the aerospace sector grow in Alabama?

Aerospace in Alabama is all about high-level jobs, thriving opportunities, advanced technology and dynamic innovation. Growth in this industry will continue to propel Alabama forward, and is a sign that to the world that Alabama is open and ready for businesses to invest in our state.

As the former chair of the Aerospace States Association, I know how critically important this sector is across the nation. Alabama is home to 400 aerospace companies from 30 different countries. More than 83,000 Alabamians are employed in aerospace and defense.

I want to see us build on the solid base of this industry. The growth prospects are good. We just need to keep working to bring home that growth and the jobs that come with it.

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Governor Ivey talks Alabama aerospace growth at Paris Air Show - Made In Alabama

U.S. Delegation Puts Aerospace Jobs at the Forefront | Paris Air … – Aviation Week

In an effort to boost the exports of aerospace companies, the U.S.-based Aerospace Industries Association is talking numbers of something the American president would lovejobs.

Last year, aerospace and defense employment dipped by 0.6% to 2.42 million, led by job losses in the supply chain, the association reports. To reverse that trajectory, AIA will be at the Paris Air Show emphasizing the industrys importance to trade in aerospace, cultivating new contacts and gaining support for policy changes to smooth exports. The U.S. is bringing a strong delegation led by Transportation Secretary Elaine Chao, Deputy Defense Secretary Bob Work, and FAA Administrator Michael Huerta. About 350 U.S. companies, from 32 states, plan to exhibit at the show.

This is about jobs, says AIA President and CEO David Melcher. This is a U.S.-based industry. Things that we manufacture, that go abroad, are good for jobs at home.

Foreign trade has been a bright spot for the industry, with aerospace and defense exports reaching a record US$146 billion in 2016. The trade surplus was US$90.3 billionthe highest of any U.S. industry sector.

At Paris, AIA will be trying to expand on that success, building support among members and visiting politicians to lobby for the Export-Import Bank and improving the U.S. Foreign Military Sales process.

The Export-Import Bank could be providing export-credit financing to some US$30 billion in U.S. aerospace deals, but any deals involving more than US$10 million are in limbo until the banks board is fully staffed. In April, President Donald Trump appointed two Republican members of the board. However, they have not yet received a confirmation vote by the U.S. Senate. Even if they are approved, another member will have to be appointed, as the term of the boards vice chairman will expire July 19.

And even though defense exports remain high, Melcher says the U.S. could still improve. In the past five years, global weapons sales have grown, while the U.S. share of that market has remained stable.

AIA is working on several fronts to make it easier to export weapons by adjusting U.S. regulations. The U.S. lost global sales of space payloads and night vision technology due to International Traffic in Arms Regulations. Now the Missile Technology Control Regime (MTCR), which was put in place to prevent the spread of ICBMs, has blocked exports of U.S. unmanned aircraft, a market in which the U.S. was dominant, and led to innovation in UAV technology in other countries. Melcher is seeking to revise or upgrade the MTCR. That would be on the top of my list, he says.

Melcher is also seeking to create a national security cooperation strategy that would call on the departments of commerce, defense and state place a priority on defense exports. Commitments between military allies are solidified through FMS, Melcher says, with the support and the interactions and the training that continue long after the sale has been announced.

Plus, AIA will be supporting many workforce initiatives proposed by Adm. John Rixey, the outgoing head of the U.S. Defense Security Cooperation Agency, to increase the size and professionalism of those who evaluate and support FMS. With the numbers of deals and the complexity involved, you have to have more people, Melcher says.

Since taking office, President Donald Trump has helped place a focus on the industry and to prioritize U.S. exports, Melcher says, pointing to Trumps recent visit to Saudi Arabia to announce some US$110 billion in potential defense exports over the next decade. I dont know what would have been the answer in the absence of that emphasis, but the fact is, emphasis matters, Melcher says. If youre picking some targets where you have opportunities or you have things that have been languishing, and youre making it known that as the president Im trying to move these things through the system, then folks fall in line. You have to have a national-level mandate or an executive-level mandate. That this is important.

Melcher says AIA also likes where the Trump administration is headed with streamlining regulations and with defense spendingalthough the association would like to see more dollars directed at the Pentagon.

But the industry is wary about protectionist trade rhetoric. If the U.S. adopts a protectionist stance on certain things, there will be a reaction, Melcher says. Its going to be some kind of reaction where theyre going to look out for their own interests. Thats the problem with protectionism. It raises everybodys walls.

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U.S. Delegation Puts Aerospace Jobs at the Forefront | Paris Air ... - Aviation Week

Alaska aerospace company wants to launch more satellites – Lexington Herald Leader

Alaska aerospace company wants to launch more satellites
Lexington Herald Leader
An Alaska aerospace company wants to increase number of launches to at least two or three launches per year. Representatives from Alaska Aerospace Corporation spoke about their plans earlier this week at a town hall meeting in Kodiak, The Kodiak Daily ...

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Alaska aerospace company wants to launch more satellites - Lexington Herald Leader

Boeing reshuffled defense with eye towards increased aerospace presence, CEO says – SpaceNews

An Ariane 5 rocket carrying the Boeing-built Intelsat-33 and SSL-built Intelsat-36 satellites lift off Aug. 24, 2016. Credit: Arianespace

WASHINGTON The CEO of Boeing Defense, Space, and Security said that the goal of reshuffling the companys upper management is to streamline operations and work more closely with the U.S. government and other customers.

Leanne Caret, who took over as CEO in March 2016, said the move follows a banner year in 2016 and literally was about taking out a layer of executive management, which is what weve done, flattening the organization, and elevating some programs so that theyre direct reports to me.

Boeing announced June 13 that it was eliminating nearly 50 executive positions and would break up its two current units, Boeing Military Aircraft and Network & Space Systems, into four smaller groups. The Space and Missile Systems unit, to be led by Jim Chilton, will include the companys current space business, such as satellite manufacturing, ISS operations and the companys stake in United Launch Alliance.

Speaking at a June 14 event hosted by Defense One, Caret said she wanted to conduct the reorg near the start of her tenure.

The longer you stay in any position, your ability to make those changes only becomes harder, not easier, because it so much becomes a part of who you are, she said.

The executive reshuffling isnt the first change Caret made since she took over the position from Christopher Chadwick. She moved Boeings defense business headquarters from St. Louis, Missouri, to Arlington, Virginia, in order to be closer to the Pentagon, NASA and other Washington stakeholders.

To listen to customers you just cant be available when you fly in and fly back out when its convenient to you, she said. You need to be a part of the community.

Caret said company decisions need to be conducted in a thoughtful and pragmatic manner as it seeks expansion of its production lines.

Revenue for the companys space sector formerly known as Network and Space Systems was down in 2016 relative to the previous year: $7.04 billion versus $7.75 billion in 2015, according to the companys fourth-quarter reports. (For comparison, Boeings largest competitor, Lockheed Martin Space Systems, had a revenue of $9.41 billion in 2016 and $9.1 billion in 2015.)

While Boeing is a big player in the commercial and civil space sectors, one of their bigger space-related defense offerings is the Wideband Global Satcom constellation, which is set to end with the launch of the tenth satellite in 2019.

The Air Force is currently conducting an analysis of alternative (AoA) looking at the next course of action, be it purchasing additional WGS satellites or starting development of a follow-on capability. The study was originally set to conclude this December, though that end date is likely to wind up pushed into 2018.

Caret did not say what she hopes the result of the AoA will be, instead explaining that Boeing is working on finding a solution to best fit the Defense Departments needs.

From a defense perspective, its continuing to work with the customer on what they want, she said.

In a statement emailed to SpaceNews, Enrico Attanasio, the executive director of the defense and civil programs at Boeing Satellite Systems, said that Boeing is a major player in commercial space, government space and satellite services, and whatever the outcome of the AoA, Boeing has the ability to assist and to deliver the architecture that will enable those missions.

The company also has its eye on taking over the contract for the next generation of the Global Positioning System: GPS 3.

Lockheed Martin is under contract to supply the first 10 satellites in the constellation, but development delays with the satellites and related ground control system have led the Air Force to indicate theyll recompete the next planned 22. Boeing already runs part of the existing constellation, mainly the GPS 2A and 2F satellites.

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Boeing reshuffled defense with eye towards increased aerospace presence, CEO says - SpaceNews

Video highlights Alabama aerospace growth for Paris Air Show – Made In Alabama

To make sure that growth continues, Alabama is sending a team of business recruiters, government leaders and university representatives to next weeks Paris Air Show.

A new video, created for Made in Alabama for use at the air show, highlights the strengths of the states aerospace sector. The video will be on display at the Made in Alabama booth, the state teams base for the industrys premiere 2017 trade show.

Securing aerospace work and jobs is a global competition, and the Paris Air Show provides us with an opportunity to talk about Alabamas strengths in aerospace with the major players in the sector, said Greg Canfield, secretary of the Alabama Department of Commerce.

Our advantages include a trained workforce, deep capabilities in research and engineering, expertise in advanced materials, and experience with game-changing new technologies including 3-D printing.

CENTER OF EXCELLENCE

Secretary Canfield said companies in Alabama are involved in practically every activity in the sector, from passenger jet assembly, component fabrication, aircraft maintenance and repair, rocket and missile development, raw material production, engineering, research, aviation flight training, and more.

Alabama is also home to many of the biggest names in the business Boeing, Airbus, Lockheed Martin, Raytheon, Northrop Grumman, Safran, UTC Aerospace, GKN, and GE Aviation.

Last year alone, aerospace companies announced projects involving more than $242 million in new capital investment and 1,500 anticipated jobs. Since 2011, more than $1.5 billion in new investment has flowed into the Alabama aerospace sector.

Alabamas economic development team at the Paris Air Show is working to make sure more companies are on the way.

Other positive trends:

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Video highlights Alabama aerospace growth for Paris Air Show - Made In Alabama

Where do SpaceX and other aerospace companies find engineers? On the race track – Los Angeles Times

Over the last decade, entrepreneurial space companies in Southern California have set their sights on such goals as launching small satellites, carrying space tourists and colonizing Mars.

As they hire numerous young engineers, those companies and more traditional aerospace giants are finding talent in an unlikely place: a college race-car competition.

Next week, 100 university teams will bring their prototype race cars to the Formula SAE (Society of Automotive Engineers) competition in Lincoln, Neb., where they will be judged on design, manufacturing, performance and business logic.

The aerospace leaders who help judge the contest say its also an opportunity to see students explain design and production decisions, present their business cases and adapt on the fly.

Race cars and rockets are pretty similar, said Bill Riley, a Formula SAE alumnus from Cornell and competition judge whos now a senior director of design reliability and vehicle analysis at SpaceX. Its lightweight, efficient, elegant engineering. Those basic principles are the same, no matter what youre designing.

SpaceX has had fantastic success recruiting new hires and interns from Formula SAE teams, as well as from sister competition Baja SAE, which focuses on building an off-road vehicle, and other hands-on engineering competitions, said Brian Bjelde, the Hawthorne companys vice president of human resources.

Out of the 700 students who intern at SpaceX each year, about 50 or 60 come from Formula SAE. And as of three years ago, about 50% of the companys 300-person structures team had worked on some sort of project-based design team in college.

Brian van der Brug / Los Angeles Times

UCLA students Brent Kyono, right, and Luke Allee, left, compare parts for UCLA Formula SAE team car in the Westwood campus workshop.

UCLA students Brent Kyono, right, and Luke Allee, left, compare parts for UCLA Formula SAE team car in the Westwood campus workshop. (Brian van der Brug / Los Angeles Times)

For any candidate, the ones that are most successful at SpaceX have a combination of passion, drive and talent, Bjelde said. And to me, [Formula SAE] plays into the passion piece.

Aaron Cassebeer experienced the highs and lows of competition firsthand 10 years ago as captain of a Lehigh University team that captured several design awards at competitions. But when a hose came loose and spilled oil into the cars chassis, a few drips landed on the track and the Lehigh team was disqualified.

It all ended well for Cassebeer, though. His work with light, composite materials eventually impressed Scaled Composites, a cutting-edge Mojave aerospace firm. That led to a nine-year career where, among other things, he designed flight controls for an early version of the space plane that Virgin Galactic aims to use to fly tourists to space.

The type of work I did happens to fit in really well with what Scaled Composites does design and prototype, over and over again, Cassebeer said.

The basis of the Formula SAE competition is that a fictional manufacturing company contracts teams to build a prototype race car that is low-cost, high-performance, easy to maintain and reliable.

Industry judges grill students on the design process, scrutinize their cost sheets and inspect the vehicles to make sure they are technically sound. The internal combustion engine car competition is the most popular, though an electric vehicle contest was added in 2013.

Race cars that pass technical inspections get the green light to hit the course for performance trials, testing things such as maneuverability, acceleration and endurance.

During the endurance test, two people drive the car around a course marked by traffic cones for a little more than 13 miles, which can take about half an hour and involves a driver switch. Many teams, such as UCLAs, have a hard time finding a large, open space for testing, meaning the endurance test could be one of the few times the car runs that long without breaks.

Brian van der Brug / Los Angeles Times

UCLA student Ben Gerber custom fabricates a part for the UCLA Formula SAE team car on a lathe in a machine shop on the Westwood campus.

UCLA student Ben Gerber custom fabricates a part for the UCLA Formula SAE team car on a lathe in a machine shop on the Westwood campus. (Brian van der Brug / Los Angeles Times)

The great thing about [Formula SAE] is its a full production cycle, said Dolly Singh, SpaceXs former head of talent acquisition who now serves as chief executive of high-heel designer Thesis Couture. These kids build the car from scratch. They have to test in a high-pressure situation and see how it performs.

Preparing for the competition gives students a taste of the grind that goes into meeting real-world project deadlines.

David Hernandez, 21, laughed when asked how many hours he and other members of the Cal Poly Pomona Formula SAE team have spent working on their car.

Last night, I left early, and that was at 10 p.m., said Hernandez, a fourth-year aerospace engineering student.

Cal Poly Pomona has done well in the competition. Last year, the teams sleek, green vehicle with an aerodynamic wing placed third overall in Lincoln, the highest of any California team there.

The Cal Poly shop, which is on the base floor of an engineering building and is shared with the Baja SAE team and other clubs and project teams, is crammed with tools, machinery and previous years cars.

The teams 2014 car is encased in glass at the front of the engineering school along with a number of trophies. That car placed fourth in Lincoln and ninth in an international Formula SAE competition.

Hernandez applied his software knowledge, acquired through classes and Formula SAE, to his internship last summer at Raytheon Co. He uses the same software to analyze data points from the teams car.

There are very few times you feel as passionate about the same thing, Hernandez said of the groups camaraderie. Theres nothing better than this.

Scaled Composites, which is now part of Northrop Grumman Corp., has mentored a handful of Southern California teams, including UCLAs, and recruited students in their shops for full-time jobs or internships. Several of the companys engineers have also volunteered to offer feedback ahead of the competitions.

Scaled Composites is particularly interested in students who work on design and analysis.

We do look for engineers that are hands-on, said Kelsey Gould, executive assistant to the companys vice president of engineering. Theyre really committed to figuring things out on their own.

As the competition nears, pressure mounts.

Each Saturday for the last few months, about 30 members of the UCLA Formula SAE team pumped up the music in their ground-floor shop on campus and worked almost all day on their car. Thats in addition to the hours they spend there in between classes.

Brian van der Brug / Los Angeles Times

UCLA student Owen Hemminger works on UCLA Formula SAE team's car on the Westwood campus workshop.

UCLA student Owen Hemminger works on UCLA Formula SAE team's car on the Westwood campus workshop. (Brian van der Brug / Los Angeles Times)

The UCLA team has already made several changes to avoid challenges it ran into last year, when it finished 59th out of 80 teams. A new, tunable muffler has been added that should help the team pass a sound requirement during the technical inspection. Last year, UCLA just barely passed that test by using a special exhaust plug and two mufflers packed with steel wool to deaden the sound.

Students on the team get greater hands-on engineering experience than they might in academic classes, said Owen Hemminger, 20, a mechanical engineering student and financial director of UCLAs team.

Everyone learns how to use engineering software and do machining in school, but not to the depth we use it, he said.

Dan Rivin, 22, said his experience making steering wheels and drivers seats for UCLAs cars prepared him for an internship at Northrop Grumman, where he worked extensively with composites.

Last fall, the materials engineering student, who graduated this spring, gave a Northrop recruiter a tour of UCLAs Formula SAE shop. Later, the recruiter asked Rivin for a resume. After several interviews, he was offered a full-time job with the aerospace giant and will start at the end of this month.

He said his work with Formula SAE came up in a number of interviews. Hes convinced it got him onto recruiters radar screens.

This is very unique in the way that youre involved in the entire process, he said. No ones holding your hand through the whole thing.

samantha.masunaga@latimes.com

Twitter: @smasunaga

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Where do SpaceX and other aerospace companies find engineers? On the race track - Los Angeles Times

The Super Bowls For Aerospace, Bank Giants: Investing Action Plan – Investor’s Business Daily

Here's your weekly Investing Action Plan: what you need to know as an investor for the coming week.

For investors in aerospace and bank stocks like Boeing (BA), Lockheed Martin (LMT), JPMorgan Chase (JPM) and Bank of America (BAC), the coming week will feature the the Super Bowl for those respective industries. The aerospace sector will have the Paris Air Show, and the bank sector will have the first part of the stress test results. Meanwhile, a top emerging-market index will decide whether to include mainland Chinese stocks, and the tech sector will get earnings reports from Oracle (ORCL), Adobe Systems (ADBE) and Red Hat (RHT).

As the Nasdaq is nearing a test of its 50-day moving average, several big-name tech stocks are finding themselves in similar positions.

Amazon.com (AMZN), fueled by its Whole Foods Market (WFM) buyout announcement, is rebounding higher after testing support at the 50-day line, which marked the second pullback for the stock since its mid-March cup-with-handle breakout. Friday's move puts Amazon in a follow-on buy area.

Google parent Alphabet (GOOGL) and Facebook (FB) have both found support at their 50-day lines too. When deciding if you should buy on a pullback to the 50-day, look for declining volume as the stock falls and rising volume as the stock bounces from the line.

Apple's (AAPL) chart is in a worse condition than its big-cap tech peers. The stock has sliced below its 50-day line and has now triggered a sell signal: Apple has nearly made a round trip from its follow-on entry at 141.12. And for those who bought in at the 118.12 handle entry back in January, the stock is now up about 20% from that level, after gaining as much as 34% from the buy point.

Apple chip supplier Broadcom (AVGO) is nearing a test of support at the 50-day line (or the 10-week line on a weekly chart). After breaking out of a flat base with a 227.85 buy point in early May and running up as much as 13% from that level, shares are now back within the 5% buy range.

Midrange jets will likely rule the Paris Air Show, which starts Monday. Boeing is expected to unveil the 737 Max 10, the largest version yet for that narrow-body family, and announce Indonesia's Lion Air as a launch customer. More interestingly, new details will likely emerge about a brand-new midrange plane being designed to take back market share from Airbus' (EADSY) A321neo, while the European rival is already planning to counter what some have dubbed the 797. Still, the total number of commercial plane orders is expected to be down this year. On the defense side of the Paris Air Show, Lockheed's F-35 is scheduled to make a flashy flight demonstration as more European countries like Germany evaluate the stealth fighter.

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Boeing, Apple Could Build A New Internet In Space

The Federal Reserve will release results from the first portion of its annual stress tests on Thursday at 4:30 p.m. ET. This part basically results in a pass-or-fail grade for each bank in a hypothetical economic downturn and financial crash, whose precise conditions differ from year to year. The grade gives investors a clue as to which banks will get approval for their plans to return capital to shareholders. The Fed will announce its approval or disapproval on those plans on June 28 at 4:30 p.m., after which individual banks will start saying how big their dividends and buybacks will be.

Index provider MSCI (MSCI) is poised to decide Tuesday whether to include mainland China stocks, or A-shares, into its main emerging market index. That matters to U.S. investors because dozens of funds track or are benchmarked to that index, including the $31.65 billion iShares Emerging Markets ETF (EEM). A nod would raise China's profile in global capital markets while requiring fund managers in the U.S. and abroad to pour billions into China stocks traded in Shanghai and Shenzhen.

MSCI has nixed the inclusion of A-shares on three previous occasions, citing accessibility issues for foreign investors in China's $7 trillion stock markets. Will the fourth time be the charm? A Bloomberg poll of analysts and managers in March found expectations for inclusion to be low. MSCI itself told the publication in May that a "lot of issues" remain. (China stocks listed in the U.S. like Alibaba (BABA) and JD.com (JD) belong to the N-shares class.)

Oracle reports fiscal Q4 results after the close Wednesday. The consensus estimate on EPS is 78 cents, down 4% year over year, with revenue falling 1% to $10.47 billion. Oracle stock is up 17% this year as the software giant shifts to a cloud-based model and as short and long-term fundamentals continue to take a more positive turn. Oracle began a concerted push into the cloud three years ago, and some analysts have said the company has finally turned the corner after a rocky transition.

The maker of digital media and marketing software is scheduled to report fiscal Q2 results after the market close Tuesday, and analysts are looking for continued momentum in its cloud computing transition. Analysts expect EPS to climb 34% to 95 cents, on sales of $1.73 billion, up 24%, in Q2. Adobe stock has found support at its 50-day moving average after a flat-base breakout in late January. It hit an all-time high of 144.34 on June 5.

TheNo. 1 provider of open-source Linux software for corporate data centers reports fiscal Q1 earnings late Tuesday. Analysts expect EPS to grow 6% to 53 cents with revenue rising 14% to $647.8 million. Wall Street has been looking for traction in Red Hat's public cloud business as customers shift computing workloads to cloud service providers such as Amazon Web Services, which is a Red Hat partner. Shares in Red Hat have weakened ahead of earnings, dropping below their 50-day moving average.

Homebuilder Lennar (LEN) will report fiscal Q2 numbers early Tuesday, and Wall Street sees EPS falling 18% to 78 cents, while revenue rises 5.4% to $2.895 billion. The National Association of Realtors will release May data on sales of existing homes on Wednesday, the Federal Housing Finance Agency will report its April home price index on Thursday, and the Commerce Department will come out with May new-home sales next Friday. Builder stocks had been showing signs on strength but sold off this week amid weak economic data, and the latest report on housing starts today showed a surprise decline.

YouTubers and content creators are heading to VidCon in Anaheim, Calif., on Wednesday to watch and fete online video. Last year's multiday convention drew in over 26,000 attendees. As the traditional entertainment industry assesses the emergence of online pure-plays, some are looking to get in on the action and attract younger viewers. TBS Digital, New Form and Dunkin' Donuts (DNKN), for instance, are hosting a pilot-pitch competition at the convention.

The Dublin-based global-tech consulting and services company reports fiscal Q3 earnings early Thursday. Analysts expect EPS growth of 7% to $1.51 with revenue rising 4.7% to $8.83 billion. Currency headwinds may have eased a bit, analysts say. Accenture (ACN) has been investing in digital, cloud and security services and competes against IBM (IBM), Infosys (INFY) and Tata Consultancy Services.

The shipping giant reports fiscal Q4 results late Tuesday, and EPS is expected to climb 18% to $3.89, on revenue of $15.56 billion, up 20%. E-commerce and Amazon have fueled FedEx's (FDX) rise, but the internet juggernaut is expanding its own delivery operations, and is even leasing its own fleet of planes. FedEx shares are in buy range, following an early June breakout, and are up 13% year to date.

The used-car superstore reports Q1 results early Wednesday and is expected to post EPS of 98 cents, up 8.9%, on revenue of $4.51 billion, up 9.2%. A flood of cars coming off lease is expected to slam the market for new and used cars, hitting prices, sales and dealers like CarMax (KMX) as well as the automotive industry more broadly. CarMax also cited headwinds related to its subprime car-loan business in its April earnings report.

5:40 PM ET If Boeing and Apple form a partnership to provide broadband access via thousands of satellites, it could transform how you...

5:40 PM ET If Boeing and Apple form a partnership to provide broadband...

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The Super Bowls For Aerospace, Bank Giants: Investing Action Plan - Investor's Business Daily

Long Island aerospace company reopens old F-14 facility – Fox5NY

NEW YORK (FOX 5 NEWS) - A Long Island aerospace company has reopened an old building where Navy fighters used to be built.

Since Luminati's flight demo last year, the Calverton-based company has already set up 70,000 square feet of production line inside Hangar 6 where Grumman once built F-14 Tomcats and other jets for the U.S. Navy.

Luminati creates ultralight composite material and builds solar-powered aircraft. There has been a lot of speculation about who the company is partnering with. The Town of Riverhead revealed it had been Facebook, but the companies are no longer working together.

Luminati CEO Daniel Preston said he is already flying solo. While Preston said he isn't going to bring the 20,000 jobs there once were back to Long Island he plans to employ at least 2,000 people as part of his five-year plan.

Luminati received a contract from the Town of Riverhead to buy the remaining 2,300 acres at Enterprise Park. The company hopes to close as soon as possible.

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Long Island aerospace company reopens old F-14 facility - Fox5NY