Pittsburgh, PA, March 1, 2017) Quality Aviation Instruments, Inc. (QAI) announced today that the company has rebranded itself as QAI Aerospace.QAI changed its name to QAI Aerospace to betterreflect its expanding services to customers both domestically and internationally.

In 2016, QAI relocated the companys headquarters to a new state-of-the art facility in Pittsburgh, Pennsylvania. QAI Aerospace currently supports customers in more than 100 countries with its locations in the USA, Qatar, and salesoffices in Pittsburgh, PA. and Dubai, UAE.

"The expansion into our new facility has allowed us to diversify the services we offer to our customers,"said President of QAI Robert Sieber. For 20 years, we have been providing quality support to the rotorcraft, air transport, and military markets.

QAI is an FAA part 145-repair station and is also EASA certified. QAIservice centers offer service in instrumentation, avionics, and accessories.

The new QAI headquarters is over 15,000 of square feet and includes a Class 100K clean room Instrument shop, Avionics shop, Electrical shop, and Accessories shop. QAI also maintains on hand inventory. QAI will be at the HAI HELI EXPO in Dallas, Texas from March 7 through 9 at Booth 7103 and will also exhibit at MRO AMERICAS in Orlando, Florida from April 25 through 27 at Booth 510.

About QAI:

Founded in 1997, QAI Aerospace is a privately held corporation headquartered in Pittsburgh, PA. QAI globally supports our customers with two repair locations in the Pittsburgh area and a Joint Venture with Gulf Helicopters in Doha, Qatar and sales offices in Pittsburgh and Dubai. QAI offers 24/7 customer support and maintains a large inventory of exchange units. For additional information on QAI visit their website athttp://www.qai.aeroor call 412-346-0168.

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Quality Aviation Instruments, Inc. Rebrands Company QAI Aerospace - AviationPros.com

- By Holmes Osborne, CFA

Airbus (EADSY, EADSF) is an aircraft manufacturer based in Toulouse, France. The company, along with Boeing, is the top aerospace manufacturer in the world. Sales and earnings have been growing quite well, and the stock trades at a reasonable price.

The stock trades for 70.92 euros ($74.83), there are 783 million shares, and the market cap is 55.5 billion euros. The stock pays a 1.35 euro dividend, and the dividend yield is 1.9%. Adjusted earnings per share were 3.31 euros, and the price-earnings (P/E) ratio is 21.4. Actual earnings were 1.29 euros. Its stock has outperformed Boeing's (BA) since 2007. I got the idea from reading GuruFocus' article on IVA International Fund's holdings.

Sales went from 49.13 billion euros in 2011 to 64.19 billion euros for the trailing 12 months. That's pretty good growth. Net income went from 1 billion euros to 2.61 billion euros over that time frame. Adjusted EBIT is 5.9%. Free cash flow (before M&A) was 3.181 billion euros. The free cash flow yield is 5.73%.

Of the sales, 73% is commercial, 9% helicopters and 18% defense; 33% of orders come from Asia, 21% Europe, 18% North America, 13% the Middle East, 5% Latin America and 10% other countries. I'm surprised at what a high percentage Asia represents and what a low percentage North America. Of the commercial, 79% is single aisle, 10% the A330, 7% A350 and 4% A380.

The debt is rated A+ by Standard & Poor's. The company lists gross cash as 21.6 billion euros and financing as 10.438 billion euros. There are also pension liabilities and a huge amount of currency hedges.

The A380 is the largest aircraft ever built. It holds a maximum of 853 passengers and has a distance of 15,200 kilometers. The Eurofighter is the preferred fighter jet of many European and Middle Eastern countries. The defense division also produces satellites and other high-tech instruments used in space exploration. The helicopter division produces for both military and civilian use. The Tiger is Airbus' attack helicopter with a 30-millimeter turreted gun and several rockets. It's an impressive-looking piece of equipment. Some of Airbus' parts are made on 3D printers from a South African company. According to Fortune, the company is building a self-flying electric plane that can travel 50 miles.

Airbus manufactured the famous Concorde. The Concorde could fly at Mach 2 (2,160 kilometers per hour) and make the London-to-New York trip in three hours. Sully landed an Airbus 320 in the Hudson so they must be pretty good.

Airbus is having a heck of a time with the military A400M - a massive turboprop plane. The company took a 1.2 billion euro charge last year on the massive plane.

KKR recently agreed to buy Airbus' electrical division of its defense business for an enterprise value of approximately 1.1 billion euros. Airbus will maintain a 25.1% minority stake for a limited number of years.

Is the stock a buy? If the economy keeps chugging along, I guess it could be. If there is a war, probably. If gas prices rise, maybe not. It's a great company with a great product. Boeing and Airbus battle it out every day, all over the globe. As the stock trades on the pink sheets in the U.S., it is not followed like American blue chips. Make no mistake, Airbus is a blue chip.

Disclosure: We do not own shares.

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Airbus and Boeing Battle for Aerospace Supremacy - Yahoo Finance - Yahoo Finance

TUSTIN, Calif., March 3, 2017 /PRNewswire/ --Dustin Tillman CEO of Elite Aviation Products (EAP) formally announced today that Elite Aviation Products, along with its sister company Elite Engineering Services (EES), have completed their corporate rollup into their new parent company Elite Aerospace Group.

"From day one it has been our primary mission as a company to provide a service experience unlike any other supplier in the aerospace industry," Tillman stated, "Part of that mission is providing auxiliary services in addition to our manufacturing business, including engineering services, logistics & integration, and financial services to name a few. This is the pathway to truly becoming the integrator our customers need now more than ever."

In addition to EAP and EES, three new entities have also been created under the Elite Aerospace Group umbrella. These entities include: Elite Logistics & Integration, Elite 360 Technologies, and Elite Financial Services.

"By providing this wide array of solutions under one roof, we are revolutionizing the way OEMs and others within the supply chain do business," COO Zeeshawn Zia commented. "The aerospace industry is facing a crisis. There simply isn't enough capacity to keep up with the unprecedented demands of the marketplace. By creating a new type of all-inclusive business model, we are bringing a new level of efficiency into the supply chain and capitalizing on the tremendous opportunity at hand."

About Elite Aerospace Group EAG is an advanced design, engineering, manufacturing and technology leader within the aerospace industry. Elite is comprised of talented professionals who are passionately committed to providing the highest level of customer service and quality, while delivering cost-competitive supply availability solutions.EAG was formed by senior aviation officials who, tired of their expectations not being met, set out on a campaign for change; challenging conventionality in the marketplace and driving customer-centric part supply strategies. Elite is a proud contributor to the reshoring initiatives, focused on bringing manufacturing back to the United States. EAG's focus on its core values and commitment to excellence has made the company an attractive, competitive standout to consumers and investors alike. http://www.EliteAerospaceGroup.com

Contacts:

Zeeshawn Zia, COO, Elite Aerospace Group/ 949-783-7067 / team@eliteaerospacegroup.com

Diane McNamara / 617-304-1940 / diane@fireituppr.com

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Elite Aerospace Group Website

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Elite Aviation Products Announces Corporate Roll-Up Into Elite Aerospace Group - Yahoo Finance

RAMM Aerospace has announced the Transport Canada Civil Aviation (TCCA) approval of its R44 replacement seat installation complete with detachable cushions. Federal Aviation Administration and European Aviation Safety Agency approvals are pending.

The RAMM Aerospace TCCA supplemental type certificate (STC) SH17-1 provides R44 operators with a solution to reduce overall maintenance costs, increase storage space under the seat and provides an option to remove the seat cushions when not in use. The replacement seat kit includes four individual flat seat pans that install onto the seat boxes, similar to the way the original seats install.

Each kit comes complete with four bottom and four backrest cushions made with superior foam and replaceable genuine European leather covers.

Its important to devise solutions that improve the aircraft. Rather than having to scrap and replace an entire seat, this kit allows you to only change the parts that need to be changed, said Mike Petsche, VP of engineering. The RAMM replacement seat kit allows the customer to replace only the cushions or covers when required, reducing overall maintenance costs. Allowing the customer to remove cushions when not in use also provides a weight savings opportunity.

The RAMM R44 replacement seat installation with detachable cushions are stocked with blue, tan or grey genuine leather covers. Optional upgraded replacement backrest panels are available.

With this latest TCCA approval, RAMM Aerospace now supplies an entire R44 interior upgrade kit that includes precut carpet or utility flooring kits, a wipe-clean bulkhead/headliner kit and now the replacement seat installation with detachable cushions.

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RAMM Aerospace offers R44 replacement seat kit with detachable cushions - Vertical Magazine (press release) (blog)

Aviation International News

Bryan Smith Receives 2017 BLR Aerospace Safety Award Aviation International News Here at Heli-Expo 2016, Bryan Smith will receive the 2017 BLR Aerospace Safety Award. Smith is a pilot and safety program manager for the Airborne Law Enforcement Association (ALEA). He has also spent time as an instructor pilot for the Seminole County ...

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Bryan Smith Receives 2017 BLR Aerospace Safety Award - Aviation International News

Posted: Friday, March 3, 2017 2:04 pm

NORDAM exploring joint venture with China Airlines By Casey Smith Tulsa World TulsaWorld.com |

Tulsa-based NORDAM and China Airlines are exploring the formation of a joint venture to provide maintenance, repair and overhaul services for thrust reversers and other composite aerospace parts in the Asia Pacific region.

The joint venture is intended to be NORDAMs sole commercial MRO facility in Asia and will operate under the NORDAM brand name, according to a news release Friday.

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NORDAM and Taiwan-based China Airlines have been partnering for more than 10 years with NORDAM providing thrust reverser repair and overhaul services as well as assistance to the China Airlines maintenance facility.

Casey Smith

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Posted in Aerospace, Manufacturing, Business, Homepagetest, Staff, Caseysmith on Friday, March 3, 2017 2:04 pm. | Tags: Geography Of Oklahoma, Tulsa Metropolitan Area, Oklahoma, China Airlines, Nordam, Overhaul Services, Tulsa, Tulsa International Airport, Aviation, Skyteam, China Airlines Group, Association Of Asia Pacific Airlines, Mro Facility, Composite Aerospace Parts, Taiwan, Asia, Asia Pacific, Technical Terms, Commerce, Joint Venture, Maintenance, Overhaul, Thrust Reverser, Repair

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NORDAM exploring joint venture with China Airlines - Tulsa World

Air flowing across an airplanes wings provides the necessary lift for flight, but the airflow also causes drag and friction, resulting the aircraft slowing down and causing to inefficient propulsion.

Theoretically, laminar air flow along an airplanes wings reduces drag and improves the airplanes efficiency.

Therefore, many aerodynamics researchers are looking at wing designs that stimulate laminar air flow. Accordingly, test flights were performed by Dassault Aviation on a Falcon 7X using a FLIR Systems thermal imaging camera. The camera can distinguish laminar flows from turbulent flows, which allows researchers to evaluate the laminarity of the air flow on an airplanes wing during the flight.

The highly sensitive FLIR SC7750L thermal imaging camera.

The FLIR SC7750L thermal imaging camera was mounted in the top of the tail of the Falcon 7X, looking down on the right horizontal stabilizer.

The camera employed by Dassault during the test flight was a FLIR SC7750L thermal imaging camera. This sophisticated thermal imaging camera can measure temperature gradients at high altitudes, despite the low outside temperature and pressure.

In the test at the company's flight test center in Istres, France, Dassault applied a black covering to the right horizontal stabilizer of a Falcon 7X. The FLIR SC7750L thermal imaging camera was mounted to look down on the surface from the top of the horizontal tail.

Thermal image of the air flow along the right horizontal stabilizer.

The test flight was a part of the Smart Fixed Wing Aircraft effort carried out under the European Clean Sky research program, and was a precursor to planned smart laminar wing flight tests in 2014 on a specially modified Airbus A340-300 by Airbus, Dassault, and other partners.

As one of Europes largest research initiatives ever, the purpose of the Clean Sky program is to develop technologies for cleaner and quieter next-generation aircrafts, which will enter service after 2020.

Dassault Aviation, one of the leading aerospace companies, has a presence in more than 70 countries spread over five continents. The company produces the complete line of Falcon business jets and the Rafale fighter jet.

It has assembly and production facilities in France and the United States, and service units in many continents. From the first Falcon 20 made in 1963, Dassault has delivered 2,000 Falcon jets to 67 countries across the world.

Philippe Rostand, Future Falcon Programs Project Manager, says his company is planning to apply drag-reducing laminar flow technology in its designs in the near future.

Theoretically the potential of laminar wings is huge. Among other aerodynamic innovations, laminar wing technology offers the largest potential for a dramatic decrease in drag.

Initial studies indicate a potential 5-10% drag decrease and corresponding reduction in fuel burn and CO2 emissions with a laminar wing design on a large aircraft. The flow of air around an airplanes wing causes friction. This air flow can be laminar, which basically means that no turbulence occurs and the amount of friction is low, or it can be turbulent, which is characterized with larger amounts of friction.

A larger amount of friction causes significantly higher energy consumption for aircraft propulsion, so aircraft designers want to increase the amount of laminar air flow and decrease the amount of turbulent air flow.

Philippe Rostand, Project Manager, Future Falcon Programs

During the period of 1986-1989, Dassault Aviation conducted several successful test flights with an experimental laminar airfoil on a modified Falcon 50. However, at present, laminar wings are only used on small business jets and sail planes. In order to confirm the increase in efficiency and the safe usage of laminar wings on larger aircrafts, demonstrations and analysis are required on a larger scale.

The process of a laminar boundary layer becoming turbulent is known as boundary layer transition. This is an extraordinarily complicated process which at present is not fully understood.

One of the reasons for this is the lack in equipment that can accurately map the laminar and turbulent areas of a wing. That is where the thermal imaging camera from FLIR systems comes into the equation. The use of thermal imaging technology to detect laminar air flow is based on the detection of minute differences in temperature.

The relation between air friction and temperature is well established in scientific literature; an increase in friction will lead to an increase in temperature. The turbulent areas of the wing, where there is more friction, should therefore be warmer than the laminar areas. But this difference in temperature is extremely small, typically between 0.5 and 3 C. That is why we needed a reliable thermal imaging camera that can accurately detect such small differences in temperature.

Philippe Rostand, Project Manager, Future Falcon Programs

Schematic illustration of the distribution of laminar and turbulent flow patterns in the boundary air flow around an airplane wing.

Philippe found the answer in the FLIR SC7750L thermal imaging camera.

We hoped that after careful analysis of the thermal data the resulting thermal images would show a distinct temperature difference, allowing us to locate the boundary between the laminar and turbulent areas of the wing. The results are still under analysis by Dassault Aviation and ONERA, (the French national aerospace research center), but initial reports indicate that this goal has been achieved.

Philippe Rostand, Project Manager, Future Falcon Programs

At high altitudes, a laminarity of up to 40% was estimated on the upper surface of the horizontal tail, though the Falcon 7X does not have wings particularly designed for laminar air flow. The measurements using the FLIR SC7750L thermal imaging camera were performed to provide experimental validation of this prediction, says Philippe. The initial results seem to suggest that the thermal images show the expected laminarity percentage.

Schematic of the Falcon 7X with the FLIR SC7750L thermal imaging camera mounted in the top of the tail, looking down on the right horizontal stabilizer.

The key features of the FLIR SC7750L thermal imaging camera include:

This test with the FLIR SC7750L thermal imaging camera has proved that thermal imaging technology is an effective tool for laminar wing research. This measurement technique will therefore be used in future test flights to be flown by Dassault, Airbus and the other European partners on an even larger scale, such as the smart laminar wing that will be flight tested in 2014 on a modified Airbus A340-300 test aircraft. Implementing what we will learn from these tests we will hopefully be able to produce better and more energy efficient airplanes in the near future.

Philippe Rostand, Project Manager, Future Falcon Programs

This information has been sourced, reviewed and adapted from materials provided by FLIR Systems.

For more information on this source, please visit FLIR Systems.

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Aerospace Engineering Using Thermal Imaging to Assess Laminar Designs - AZoM

By Tova Cohen and Steven Scheer | BEN GURION AIRPORT, Israel

BEN GURION AIRPORT, Israel State-owned Israel Aerospace Industries (IAI) believes the need for a public share offer is becoming urgent as the country's largest defense contractor wants to make acquisitions abroad to enable it to better compete in foreign markets.

The 64-year-old company, which helped pioneer the development of military drones and also produces satellites, missiles and radar systems, is already planning to acquire companies and set up subsidiaries in countries like India and the United States, where protectionist policies demand that defense spending increasingly benefits local industry.

Chief Financial Officer Eyal Younian said that to help finance acquisitions the government should move ahead soon with plans to sell a 20 percent stake in IAI on the Tel Aviv Stock Exchange.

He said IAI currently needs to issue bonds or borrow money from banks and pay interest of 3-4 percent. An IPO would raise new capital, reducing the need to borrow.

"We cannot support the line of credit that we need for our businesses. The regulations in the banks in Israel and around the world limit us and we cannot support our backlog (of orders)," Younian told Reuters.

In addition, many private contractors in Israel and overseas receive government subsidies but being state-owned IAI is ineligible and the rules should be changed, Younian said, pointing out that local rival Elbit Systems (ESLT.TA) pays corporate tax at a rate of 6 percent while IAI pays 24 percent.

A senior government source with knowledge of the matter estimated IAI's equity value at $3-$4 billion but said an IPO could not take place until a new chairman is appointed. The timing of that remains unclear, but the source said the earliest there could be an IPO was in 2018.

IAI has annual sales of about $3.7 billion and its backlog of orders exceeds $9 billion.

While the share offer will be in Tel Aviv, the next step could be a dual listing for the shares in the United States, Younian said.

IAI must already submit financial reports to the bourse, where its bonds trade , as well as report to the government's Companies Authority.

Accounting for up to half of Israel's defense exports, IAI had mostly grown internally over the last decade, but that is set to change.

"Now we will have to face the fact that countries are protecting their industries, like in India, like in Brazil, like in the USA," Younian said, adding that acquisitions would allow it to strengthen its foothold.

He noted that in many countries only local companies can bid as a prime contractor. As a result IAI, which exports 80 percent of its production, is limited to being a subcontractor.

FOREIGN DEALS

IAI already has a U.S. subsidiary but it does not contribute significantly to the company's production.

"I think our subsidiaries in the States and around the world should contribute much more in the coming decade. This is the strategic directive from the board of directors that we as management need to execute," he said.

Younian said IAI, which employs 15,000 people, will carry out two "important and material" deals in the next few years related to its target markets of the United States and India, but he declined to elaborate.

With Asia a focus for IAI, the company in February formed a joint venture in India with Kalyani Strategic Systems to build air defense systems and lightweight munitions.

Indian media last week reported that India's government had given the go-ahead for a $2.5 billion deal in which IAI and India would jointly develop a medium-range surface-to-air missile system.

Eli Alfassi, IAI's executive vice president for marketing, said IAI was awaiting official confirmation from India but declined to say how much the deal was worth.

IAI is also waiting for Israel's government to decide on whether to progress with a long-term satellite program after its Amos-6 communications satellite was destroyed when a SpaceX launcher exploded in Florida in September.

"We are hoping to build Amos-8," said Ofer Doron, head of IAI's space division. "It's under discussion right now."

Talks also involve Spacecom (SCC.TA), the operator of the Amos satellites. Amos-8 would cost hundreds of millions of dollars and be ready for launch in about four years.

(Editing by Greg Mahlich)

OneWeb Ltd, a U.S. satellite startup backed by Japan's SoftBank Group Corp, and debt-laden satellite operator Intelsat SA agreed to merge in a share-for-share deal on Tuesday.

CAPE CANAVERAL, Fla. NASA will pay Boeing Co up to $373.5 million for rides to fly up to five astronauts to the International Space Station aboard Russian Soyuz capsules, the U.S. space agency said on Tuesday.

MOSUL, Iraq "My dear family, please forgive me," reads the handwritten letter discarded in the dusty halls of an Islamic State training compound in eastern Mosul.

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Israel Aerospace puts IPO, foreign acquisitions in its sights | Reuters - Reuters

Upcoming AWS Coverage on Huntington Ingalls Industries Post-Earnings Results

LONDON, UK / ACCESSWIRE / March 2, 2017 / Active Wall St. announces its post-earnings coverage on BE Aerospace, Inc. (NASDAQ: BEAV). The Company released its financial results for the fourth quarter fiscal 2016 (Q4 FY16) and full year fiscal 2016 (FY16) on February 10, 2017. The Wellington, Florida-based Company's quarterly revenues registered a 10.8% y-o-y growth, outperforming market consensus estimates. Register with us now for your free membership at:

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One of BE Aerospace's competitors within the Aerospace/Defense Products & Services space, Huntington Ingalls Industries, Inc. (NYSE: HII), reports on February 16, 2017, its Q4 and full year 2016 financial results. AWS will be initiating a research report on Huntington Ingalls Industries in the coming days.

Today, AWS is promoting its earnings coverage on BEAV; touching on HII. Get our free coverage by signing up to:

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Earnings Reviewed

For Q4 FY16, B/E Aerospace reported revenue of $730.4 million compared to $659.2 million recorded at the end of Q4 FY15. Revenue numbers for Q4 FY16 topped the market consensus estimates of $701.3 million.

The aircraft cabin interior products manufacturer's net earnings stood at $60.4 million, or $0.60 per diluted share, in Q4 FY16 compared to $83.4 million, or $0.81 per diluted share, in Q4 FY15. The Company's adjusted net earnings for the reported quarter came in at $80.4 million, or $0.80 per diluted share, versus $78.6 million, or $0.76 per diluted share, in Q4 FY15. Wall Street had also expected the Company to report adjusted net earnings of $0.80 per diluted share.

In FY16, B/E Aerospace's revenue came in at $2.93 billion compared to $2.73 billion in the previous year's same period. The Company reported net earnings of $311.1 million, or $3.08 per diluted share, in FY16 versus $285.7 million, or $2.73 per diluted share, in FY15. Meanwhile, the Company's adjusted net earnings increased to $331.1 million, or $3.28 per diluted share, in FY16 from $316.4 million, or $3.03 per diluted share, in FY15.

Operational Metrics

During Q4 FY16, B/E Aerospace's selling, general, and administrative expenses were $90.7 million versus $80.7 million in the prior year's same quarter. The Company spent $73.5 million on research, development, and engineering in Q4 FY16 compared to $58.0 million in the last year's comparable quarter. The Company's operating earnings for Q4 FY16 came in at $108.6 million, or 14.9% of revenues, compared to $124.1 million, or 18.8% of revenues, in Q4 FY15. Additionally, the Company reported adjusted operating earnings of $130.5 million in Q4 FY16 which came in above $124.1 million recorded in the last year's comparable quarter.

Cash Flow & Balance Sheet

During year ended December 31, 2016, net cash provided by operating activities was $306.8 million compared to $310.8 million in the prior year's corresponding period. The Company recorded free cash flow of $277.0 million in full year FY16. At the close of books on December 31, 2016, B/E Aerospace had $202.0 million in cash and cash equivalents compared to $154.1 million at the close of books on December 31, 2015. The Company's long-term debt stood at $2.04 billion as on December 31, 2016, compared to $2.03 billion as on December 31, 2015.

Dividend

In a separate press release on February 24, 2017, B/E Aerospace's Board of Directors declared a quarterly dividend of $0.21 per outstanding share of the Company's common stock. The dividend is payable on March 24, 2017, to shareholders of record at the close of business on March 06, 2017.

Merger Update

On October 23, 2016, Rockwell Collins (NYSE:COL) had entered into a definitive agreement to acquire B/E Aerospace for approximately $6.4 billion in cash and stock, plus the assumption of $1.9 billion in net debt.

In connection with the pending merger transaction, on February 03, 2017, both the companies have filed a registration statement with Securities and Exchange Commission (SEC) on Form S-4 that included a joint proxy statement. The registration statement has been declared effective by the SEC. Furthermore, B/E Aerospace has arranged for a special meeting of stockholders, scheduled for March 09, 2017, at the Hilton Palm Beach Airport, West Palm Beach, Florida, at 10:00 a.m.

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Stock Performance

On Wednesday, March 01, 2017, BE Aerospace's share price finished the trading session at $64.23, marginally advancing 0.99%. A total volume of 1.21 million shares exchanged hands. The stock has surged 28.30% and 45.55% in the last six months and past twelve months, respectively. Furthermore, since the start of the year, shares of the Company have gained 6.71%. The stock is trading at a PE ratio of 20.84 and has a dividend yield of 1.31%.

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Post Earnings Coverage as B/E Aerospace's Q4 Results Outshined Forecasts; Provided Merger Updates - Yahoo Finance

HAZARD, Ky. (WYMT)- Aviation was a big topic in Hazard today.

Folks listened to officials from the Kentucky Aerospace Industry Consortium Tuesday morning at the Hazard-Perry County Chamber of Commerce meeting.

Officials then received a tour of the challenger Space Center.

Stewart Ditto, Executive Director, said Kentucky is number two in the nation in aviation aerospace product exports.

He said the potential in aviation is high for Kentucky with the possibility of high paying jobs.

He said skills in aerospace manufacturing are similar to what coal miners know.

"I'm looking for the state as a whole but its important for each specific region to have those types of people in the region who are gung ho about the aerospace industry and are ready to do what it takes to bring it to them," said Ditto.

For more information, you can head to kyaerospace.org.

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Leaders speak in Hazard about aerospace industry in Kentucky - WYMT News (press release)

US-based aerospace and defence company Boeing International will open up two new offices in Johannesburg, South Africa and Nairobi, Kenya, the company said in a statement on Tuesday.

The Johannesburg office will be headed by Joao Miguel Santos, Boeings managing director for sub-Saharan Africa, while Chamsou Andjorin, the companys director of government affairs and market development, will be basedin the Nairobi office.

The aerospace giant has been looking to expand its businesses in Africa through investments in biofuels, training and manufacturing. Boeing already has a presence in the two African nations, but the additional two operations will aid in meeting aircraft demand in Africa, with an estimated 1,150 new aeroplanes required on the continent by 2035, according to Santos.

Africa is not new territory for Boeing, he said. Since the introduction of the jet airplane, Boeing aircraft have formed the backbone of the continents commercial fleet and Boeing continues to be one of the largest U.S.-based companies doing business on the continent.

The aerospace industry needs to start paying closer attention to Africa, because this continent is clearly on the move economically and all the trends are pointing in the right direction for the expansion of the sector. Our job is to be ahead in understanding these emerging trends and opportunities, Santos added.

Boeings most recent Current Market Outlook report forecasts that air traffic to and from Africa is expected to grow by about 6.1% annually over the next 18 years. The company hopes to invest around $170bn over the corresponding period.

Boeings investment comes at a difficult period for the aviation sector in Africa. Some international airlines have suspended flights to a few African countries because of an inability to repatriate their profits held in foreign currency. Meanwhile, both domestic and international airlines have blamed the lack of a coherent and liberalised airline market in Africa for stiflinggrowth and ensuringflight prices remain above global averages.

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Boeing expands its aerospace business in Africa - African Business ... - African Business Magazine (press release) (subscription) (blog)

Aerospace stocks and exchange traded funds have spent ample time in the spotlight since the November U.S. presidential election. That trend is expected to continue as President Donald Trump addresses Congress for the first time Tuesday.

Although the aerospace and defense industry is perceived as being beholden to Uncle Sams whims, the allure of late-cycle sectors, including industrials, in a rising rate environment remains in place. Industrials perform well when interest rates rise because rising rates can go hand-in-hand with economic growth.

However, the iShares U.S. Aerospace & Defense ETF (NYSEArca: ITA), PowerShares Aerospace & Defense Portfolio (NYSEArca: PPA) and the SPDR S&P Aerospace & Defense ETF (NYSEArca: XAR) were pinched somewhat late last year after Trump criticized the Pentagons profligate spending habits.

Coming one day before delivering his high-stakes State of the Union address on Tuesday to a joint session of Congress, Trump will demand a budget with tens of billions of dollars in reductions to the Environmental Protection Agency and State Department, administration officials reported, reports ETF Daily News.

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

In addition to political rhetoric, potential catalysts for aerospace ETFs include include, renewed airline pricing power evidenced by higher ticket prices, and more fees paid per traveler, increased airline profitability, new aircraft program launches and continued demand for aircraft models and technology.

Resistance from federal agencies could ease some of the deepest cuts in the initial plan before a final budget request is even sent to Congress. And Capitol Hill will have the last word. To meet Mr. Trumps defense request, lawmakers in both parties would have to agree to raise or end statutory spending caps on defense and domestic programs that were imposed by the 2011 Budget Control Act, according to ETF Daily News.

For more information on the defense industry, visit our aerospace & defense category.

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Aerospace ETFs are Still Trump Trades - ETF Trends

Jaren Wilkey, BYU

Lockheed Martin has awarded a grant to the BYU Department of Mechanical Engineering to develop aspects of a virtual reality training system that will advance Lockheeds digital engineering training. The program allows trainees to immerse themselves in a virtual reality environment where they can install, repair or replace components on a system themselves instead of watching someone do it on a video.

PROVO Lockheed Martin has awarded a grant to the BYU Department of Mechanical Engineering to develop aspects of a virtual reality training system that will advance Lockheeds digital engineering training.

BYU student Jeffery Smith, who interned for the company last year, has been developing a system where engineers can use virtual reality to undergo essential training.

The system leverages immersive 3-D technology from the Unity game engine to create training environments accessible to engineers from any location in the world as long as they have a virtual reality headset.

A lot of money has been invested in this product, and we want to leverage that investment for engineering purposes, BYU mechanical engineering professor John Salmon said in a statement. We are making training faster, making it cheaper and making it possible to train from remote locations.

The program allows trainees to immerse themselves in a virtual reality environment where they can install, repair or replace components on a system themselves instead of watching someone do it on a video. Since physical laws can be broken in the virtual word, a trainees avatar can also be overlaid onto the trainers avatar to develop muscle memory, improve precision of motion and repeat the same procedure from any angle.

If youre going to teach someone how to swing a baseball bat, you can show them and even put your arms around them, but you cant put your and their hands and arms exactly where they need to be at the same time, Salmon said. In virtual reality, you can. You can literally walk a mile in someone elses shoes.

Smith, a senior majoring in mechanical engineering, calls it an all-inclusive sensory experience. He believes the finished project will enable engineers to transfer their skills into the real world faster and more accurately than current training methods.

For their part, Lockheed Martin engineers say virtual reality engineering saves them millions of dollars by avoiding extra design and build time.

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SpaceX just launched ten Iridium Communications satellites into low-Earth orbit. These satellites will beam phone and data service to tens of thousands of Americans who live or work in areas too remote for regular coverage.

Until recently, blasting bus-sized satellites into space using rockets that can be reused belonged in the realm of science fiction. Now, such activities seem routine.

Policymakers should take note. Americans are set to reap the benefits of aerospace firms race to tame the Final Frontier and the industrys investments in manufacturing will create new jobs and wealth in the United States, not just shuffle around current jobs by moving around government dollars.

Since its inception, the aerospace industry has produced technologies that improve Americans quality of life. NASA helped invent memory foam, scratch-resistant glasses, insulin pumps and hundreds of other products we use every day.

Now, private companies are driving aerospace innovation. Thanks to satellite Internet firms, airplane passengers can enjoy Wi-Fi while cruising at 30,000 feet. That has made flying more enjoyable and far more productive. The technology also makes it possible for Americans in remote areas to access high-speed Internet.

Satellite internet has yet to reach its full potential. The satellite internet of things market is expected to grow nearly 20 percent each year through 2022. Improved connectivity made possible by new satellites will improve the efficiency of a wide range of appliances, not just computers and smartphones.

Launching new satellites to support this increased connectivity would have been far too expensive a few years ago. But today, thanks to California-based SpaceX and Washington-based Blue Origins advances in rocket manufacturing, the cost of launches has plummeted. The Air Force is showing interest in ultra-low cost access to space, where reusable launch technologies stimulate tactical innovation in space operations.

Next-generation rockets have even made space-based businesses look viable.

Made in Space, a California startup, recently sent a 3D printer to the International Space Station, laying the groundwork for manufacturing in zero gravity. The firm plans to produce optical fiber in space, which would eliminate the microscopic imperfections caused by gravity. This high quality fiber could revolutionize everything from medical devices to telecommunications.

Aerospace firms arent just spurring technological progress; theyre supporting millions of jobs. Americas aerospace sector employs over 1.2 million people and indirectly supports an additional 3.2 million jobs.

These jobs are helping to replace losses weve seen in the broader manufacturing sector. While the number of overall American manufacturing jobs dropped 22 percent from 2002 to 2012, jobs in the aerospace industry grew 7 percent. Aerospace exports also generated a trade surplus of over $80 billion in 2015 the highest in the manufacturing sector.

Aerospace companies are even leading the charge to revitalize the manufacturing workforce.

Firms are designing their own educational programs, often at community colleges, to train workers. Northrop Grumman, for instance, has partnered with Antelope Valley College in Lancaster, California to create a sixteen-week vocational program in aircraft manufacturing. The firm recruits many of the students upon graduation. Such public-private partnerships could serve as a model for manufacturers in other sectors.

Private aerospace companies are strengthening the labor force and pouring billions of dollars into new technologies that will improve Americans lives. Thats a reason to cheer every liftoff.

Rebecca Grant, Ph.D., is president of IRIS Independent Research, a public-policy research organization, and director of the Washington Security Forum. She is the former director of the General Billy Mitchell Institute for Airpower Studies at the Air Force Association.

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Aerospace can make america great again | Sonoran News - Sonoran News

DUBLIN--(BUSINESS WIRE)--

Research and Markets has announced the addition of the "Aerospace Interior Adhesive Market by Resin Type (Epoxy, Cyanoacrylate, Acrylic, PU), Product Type (IFE, Seating, Stowage Bins, Galley, Panels), Aircraft Type (Single Aisle, Regional Jets, Small, Medium, Large Wide Body) - Global Forecast to 2021" report to their offering.

The global aerospace interior adhesive market is projected to reach USD 1,101.7 million by 2021, at a CAGR of 5.35% from 2016 to 2021.

The growing middle class and increasing disposable income as well as growing demand of low cost airlines are major factors expected to drive the growth of the aerospace interior adhesive market. However, stringent government regulations and stagnant growth in North America and Europe may restrain the growth of the aerospace interior adhesive market.

Small wide body aircraft type is expected to be the fastest-growing aircraft type between 2016 and 2021, wherein aerospace interior adhesive are used. Small wide body aircrafts are mid- to large-size, long-range, and wide body twin-engine jet airliner. These aircrafts have two engines, a conventional tail, and a supercritical wing design for reduced aerodynamic drag. They have seating capacity in the range of 120 to 180. Aircrafts such as Boeing 767 and A310 are considered under this segment. They are preferred in the shorter routes and their demand is increasing in the Asia-Pacific region.

Market Dynamics

Drivers

Restraints

Opportunities

Challenges

Companies Mentioned

For more information about this report visit http://www.researchandmarkets.com/research/lwdt4t/aerospace

View source version on businesswire.com: http://www.businesswire.com/news/home/20170227006211/en/

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$1.10 Billion Aerospace Interior Adhesive Market 2017 by Resin ... - Yahoo Finance

LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global civil aerospace simulation and training market report until 2021. This research report also lists five other prominent vendors that are expected to impact the market during the forecast period.

The research study by Technavio on the global civil aerospace simulation and training market for 2017-2021 provides a detailed industry analysis based on aircraft type (fixed-wing aircraft and rotary-wing aircraft) and geography (EMEA, the Americas, and APAC).

A civil flight simulator recreates the aircraft flight environment and various aspects of flight artificially for pilot training purposes on civil and military aircraft. The global civil aerospace simulation and training market size is projected to grow to USD 3.7 billion by 2021, at a CAGR of close to 5% over the forecast period, says Avimanyu Basu, a lead analyst at Technavio for aerospace research.

Competitive vendor landscape

The global civil aerospace simulation and training market is a well-established and mature market with suppliers who have dominated the simulator industry from decades. A majority of these players are multinational and often offer customized products for specific aircraft models. The market is continuously evolving, highly capital intensive, and technologically inclined, where vendors need to introduce newer technologies and training models to keep up with new lines of new age aircraft. The rising global air passenger density is expected to have a significant impact on the growth of the market.

Request a sample report: http://www.technavio.com/request-a-sample?report=56807

Technavios sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Top five vendors in the global civil aerospace simulation and training market

CAE

CAEs diversified business ranges from sale and aftersales services of simulation products to providing other services such as training and aviation services, in-service support, integrated enterprise solutions, and crew sourcing. The company has nearly 70 years of experience in offering innovative training solutions, underpinned by simulators.

FlightSafety International

FlightSafety International has expertized in providing advanced training programs and new technology simulators for the current and next-generation aircraft. The company has over 1,800 qualified and experienced instructors and provides more than 4,000 individual courses for 135 types of aircraft, using more than 300 simulators.

L-3 Link Simulation & Training

L-3 Link Simulation & Training provides simulation systems, training services, and aircraft contractor logistics support. The company offers products and services across three categories: commercial training solutions, civil aviation, military. It has established its presence in the aerospace services industry with its range of offerings such as civil aviation solutions including integrated solutions, equipment solutions, and airfield training solutions.

Rockwell Collins

Rockwell Collins offers products and services across different sectors: commercial aviation, business aviation, defense and government, and airports, rail, and civil infrastructure. Rockwell Collins also designs, manufactures, and sells electronic communications, aviation systems, and avionics for aerospace and defense industries across the globe.

Thales

Thales provides solutions primarily to the aerospace and defense industries globally. Thales is involved in the production and development of aerospace products, solutions, and commercialization. Also, the company provides security equipment for the defense and aerospace market, offers modernization and upgrading services, as well as retrofit services, repair, maintenance, and upgrading of aircraft parts.

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Become a Technavio Insights member and access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as theyre published in addition to all 6,000+ existing reports covering segments like aerospace components, aerospace manufacturing, and aerospace products. This subscription nets you thousands in savings, while staying connected to Technavios constant transforming research library, helping you make informed business decisions more efficiently.

About Technavio

Technavio is leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.

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Top 5 Vendors in the Global Civil Aerospace Simulation and Training Market from 2017-2021: Technavio - Business Wire (press release)

Investopedia

The Aerospace Industry Supercycle Is Losing Altitude (BA, GE ... Investopedia Sluggish economic growth, low oil prices, dollar strength and higher interest rate together suggest the aerospace supercycle may be ending. Aerospace composites in the more for less era : CompositesWorldCompositesWorld all 2 news articles »

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The Aerospace Industry Supercycle Is Losing Altitude (BA, GE ... - Investopedia

Only incremental investment from here on, ready for large orders: Kaustubh Shukla

Mumbai, February 26:

Godrej Aerospace (GA), a business unit of Godrej & Boyce, which had recently contributed to the ISROs successful launch of 104 satellites by manufacturing critical systems and components for the launch vehicle, is ready with a 200 crore facility for taking on new orders from Aerospace and Defence sector.

For ISROs launch, GA had manufactured second stage liquid propulsion engine and the fourth stage reaction control system components for the launch vehicle.

Since 1985, the company has been working with government agencies such as Defence Research and Development Organisation (DRDO) and ISRO. Later, it became a supplier to Brahmos Aerospace for its missile programme.

It has also been a top vendor for ancillary supplies to global Defence and Aerospace majors such as Rolls Royce, GE and Snecma.

Kaustubh Shukla, Chief Operating Officer (Industrial Products) of Godrej & Boyce, told BusinessLine that Godrej & Boyce has been building capacities to produce larger numbers of equipment and today it is completely geared for fresh orders from ISRO and Ministry of Defence.

Shukla said that building manufacturing capabilities have taken many years for the company, as it believes that extensive experience is required for working with advance materials such as Inconel (nickel-chromium super alloy) and Titanium, which are extensively used in global Defence and Aerospace industries.

Capital equipment for making high-tech components can be bought easily on the market, but the expertise lies in knowing what to make and how to make those parts.

Over the years the company has gathered a huge amount of knowledge, manpower and certifications and now it is ready to accept new challenges, he said. Shukla said that with 200 crore investments made by the company, a major phase of the investment is over. Only incremental investments will be made for buying required capital equipment.

We are no longer just a precisions component maker, today we can handle the whole value chain from machining, surface treatment to the assembly of mission critical components for the sectors, he said.

He pointed that making parts for a missile is a one-shot affair, but making parts for civil aviation companies is far more challenging as the lives of hundreds of people depend on those parts, which may be in service for six years in an aircraft. From space, defence to civil aviation, Godrej & Boyce is present in all these sectors.

(This article was published on February 26, 2017)

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Godrej Aerospace readies 200-crore facility for defence business orders - Hindu Business Line

SUNDAY, FEB. 26, 2017, 5:30 A.M.

After more than a decade in limbo, a collection of items reflecting the heritage of Fairchild Air Force Base is on display in Spokane.

The Honor Point Military & Aerospace Museum opened in June to house a collection of uniforms and other pieces from Fairchilds history.

Fairchilds Heritage Museum closed in 2002 at the order of the Pentagon, leaving its thousands of artifacts without a home. Supporters of the project worked for years to create a new museum to honor both Fairchild and the regions other military history, so that the items many donated by individuals over the years wouldnt be lost to the region and its residents.

At one point, Congress stepped in to ensure the artifacts would stay in the Inland Northwest and not be shipped off to museums elsewhere, according to Spokesman-Review archives.

The 10,000-square-foot Honor Point museum houses vintage aircraft parked in the hangar, a Jeep, historic photos, uniforms and other memorabilia. Some of the items have a connection to Spokane and Eastern Washington.

The collection also includes items from the former Fort George Wright in northwest Spokane, Nazi memorabilia and military weapons. And vintage Stearman and Piper Cub aircraft belonging to a former commercial airline pilot are on display.

Tobby Hatley, project manager for the museum, told The Spokesman-Review when the museum opened that its a beginning.

This is the first time weve ever had a home and the first time some of this stuff has ever been on display, so we will continue to work with it and it will evolve, and become better and better as time goes on, he said.

Honor Point is not exclusive to the Air Force. The other branches of the military are represented in its displays.

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Fairchild's history finally found a home at Honor Point Military ... - The Spokesman-Review

AEROSPACEgiant Boeing has announced plans to build its first European factory in Sheffield.

The 20 million facility will manufacture parts and systems used on aeroplane wings for the companys aircraft.

AP:Associated Press

The firm will also initiate a major research and development programme with the University of Sheffields Advanced Manufacturing Research Centre (AMRC) to develop new manufacturing techniques.

The proposed 2,300 sq m factory will be built alongside the AMRC, between Sheffield and Rotherham.

It is expected to begin hiring next year.

The facility, to be named Boeing Sheffield, will manufacture key high-tech actuation components and systems, used in Boeings Next-Generation 737, 737 MAX and 777 aircraft, in-house.

The announcement comes just weeks after new AMRC partner McLaren Automotive revealed plans for a new chassis manufacturing facility in the Sheffield City Region.

The AMRC was co-founded by the University of Sheffield and Boeing in 2001 as a centre for collaborative research.

It has since grown to include more than 90 industrial partners from sectors such as aerospace, medical, automotive and construction, and has become a model worldwide in how to conduct collaborative research to develop new manufacturing techniques and technologies.

Sir Michael Arthur, president of Boeing Europe and managing director of Boeing UK and Ireland, said: The UK provides Boeing with the talent and infrastructure we need to grow and maintain a high level of productivity and quality to meet our significant order book.

We are proud to expand our relationship with the UK still further with Boeing Sheffield. Our decision to start manufacturing high-value components in the UK is a step-change in our engagement and a further example of Boeings commitment to grow here, supporting the UKs long-term prosperity.

Professor Keith Ridgway, executive dean of the AMRC said: It has always been our ambition that one day Boeing would open a manufacturing facility in Sheffield.

This announcement is the culmination of a successful relationship that has developed since the AMRC with Boeing was founded 16 years ago.

We look forward to supporting Boeing and continuing to ensure that UK manufacturers remain competitive, through access to our expertise here at the AMRC.

We pay for your stories! Do you have a story for The Sun Online news team? Email us attips@the-sun.co.ukor call 0207 782 4368.

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Aerospace giant Boeing announces plans to build first European factory in Sheffield - The Sun