Global Military Aircraft & Aerospace Manufacturing

NEW YORK, Nov. 20, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Global Military Aircraft & Aerospace Manufacturing

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Global Military Aircraft & Aerospace Manufacturing

The industry has grown over the past five years as a result of increased demand for military aircraft and missile systems, especially from North America and Europe. Demand for military aerospace equipment was backed by the Iraq War, the war on terrorism and homeland security. Growth is anticipated to be moderate in the next five years as modest spending in defense budgets occurs in developed nations. Strong GDP growth from newly industrialized nations will also buoy demand for military equipment and air superiority.

Firms in this industry engage in the manufacture of complete military aircraft, missiles or space vehicles, along with associated parts. Industry firms also develop prototypes of aerospace products; convert aircraft (i.e., major modifications to systems); and complete aircraft or propulsion systems overhaul and rebuilding (i.e. periodic restoration of aircraft to original design specifications).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition

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Global Military Aircraft & Aerospace Manufacturing

Ball Aerospace Selected by NASA for TEMPO Air Pollution Mission

BOULDER, Colo., Nov. 19, 2012 /PRNewswire/ -- Ball Aerospace & Technologies Corp. is part of a team selected to build the first space-based instrument to monitor major air pollutants across the North American continent for NASA's Tropospheric Emissions: Monitoring of Pollution (TEMPO) mission.

Led by the Smithsonian Astrophysical Observatory, Cambridge, Mass., the TEMPO team will build a geostationary ultraviolet-visible (UV-VIS) spectrometer to continuously measure ozone, aerosols and other trace gases over greater North America. The geostationary position of the instrument will allow delivery of regional, hourly readouts of atmosphere data during daylight hours. This data will advance air quality research on how air pollution affects climate change and air quality on a continental scale.

"While Ball is at the forefront of low Earth orbit instrument development, the TEMPO spectrometer will be the company's first geostationary instrument for NASA," said Cary Ludtke, vice president and general manager for Ball's Civil and Operational Space business unit. "TEMPO takes advantage of our expertise and technology developed for previous ultraviolet-visible instruments that have already flown or are currently on orbit."

Those instruments include the Ozone Mapping Profiler Suite (OMPS) flying aboard the nation's newest climate and weather satellite, Suomi NPP, and the Stratospheric Aerosol and Gas Experiment (SAGE). The sophisticated optical system built by Ball Aerospace for the James Webb Space Telescope relies on the same UV-VIS heritage.

NASA anticipates the TEMPO instrument will catch a ride on a commercial communications satellite as a hosted payload when it is completed in September 2017. Mission costs will be capped at $90 million, excluding the launch vehicle and integration to the selected satellite platform.

"With TEMPO's assistance you may eventually check your smart phone, for example, to obtain a read-out on your city's current air quality information before you lace up your sneakers and head out for a run," said Ludtke.

Led by the Smithsonian's principal investigator, Kelly Chance, TEMPO is part of NASA's Earth Venture Instrument program that includes small, targeted science investigations designed to complement NASA's larger research missions. TEMPO is NASA's first Earth Venture Instrument award under the agency's Earth System Science Pathfinder program. In addition to Ball Aerospace, the TEMPO team includes NASA's Langley Research Center in Hampton, Va.; NASA's Goddard Space Flight Center in Greenbelt, Md.; the U.S. Environmental Protection Agency in Research Triangle Park, N.C.; and several U.S. universities and research organizations.

Ball Aerospace & Technologies Corp. supports critical missions for national agencies such as the Department of Defense, NASA, NOAA and other U.S. government and commercial entities. The company develops and manufactures spacecraft, advanced instruments and sensors, components, data exploitation systems and RF solutions for strategic, tactical and scientific applications. For more information visit http://www.ballaerospace.com.

Ball Corporation (BLL) is a supplier of high quality packaging for beverage, food and household products customers, and of aerospace and other technologies and services, primarily for the U.S. government. Ball Corporation and its subsidiaries employ more than 14,500 people worldwide and reported 2011 sales of more than $8.6 billion. For the latest Ball news and for other company information, please visit http://www.ball.com.

Forward-Looking Statements

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Ball Aerospace Selected by NASA for TEMPO Air Pollution Mission

Women are increasingly ascending to top posts at aerospace firms

At a time when federal budget cuts are reshaping the nation's aerospace industry, a far different makeover is underway in the executive suites of some of the country's biggest defense contractors.

Lockheed Martin Corp., the world's largest defense firm, announced this month that electronics whiz Marillyn A. Hewson would become chief executive the first woman to take on that role at the company.

The move came abruptly after the Bethesda, Md., company's incoming chief executive, Christopher E. Kubasik, was forced out after an ethics investigation confirmed he had a "close personal relationship" with a subordinate employee.

It was an announcement that might have drawn much greater attention from the nation's defense establishment in Washington if it hadn't come the same day CIA Director David Petraeus suddenly resigned amid headline-rich reports of an extramarital affair.

After all, no aerospace firm so large or influential has ever been run by a woman. Hewson's promotion followed the summer announcement that Phebe Novakovic would take over as chief executive at General Dynamics, the nation's fifth-largest defense firm, in Fairfax, Va.

Both take over the top posts Jan. 1, as female engineers, scientists and managers who joined the industry during the Cold War are rising to prominence in a staid industry long dominated by men. Although women have climbed to the top of other industries for decades, aerospace has gone without women at the top until recent years.

"The ascension of women like Marillyn Hewson and Phebe Novakovic to the top of the corporate ladder suggests that while the glass ceiling in aerospace and defense may not have been entirely shattered, it's certainly become more transparent," said Marion Blakey, chief executive of the Aerospace Industries Assn. trade group.

Come Jan. 1, there will be a record 21 women who serve as chief executives of firms on the Fortune 500 list of the nation's largest public companies, including Hewson and Novakovic.

Deborah Soon, senior vice president of strategy at Catalyst, a nonprofit organization that tracks the progress of women in the business world, said parity is still a long way off.

"We look forward to the day when a woman leading an aerospace company is no longer news," she said.

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Women are increasingly ascending to top posts at aerospace firms

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Learn how to say Neuroendocrine correctly with EmmaSaying #39;s "how do you pronounce" free tutorials. Definition of neuroendocrine (oxford dictionary): adjective Physiology relating to or involving both nervous stimulation and endocrine secretion. Derivatives neuroendocrinology Pronunciation: /- #716;end #333;kr #601; #712;näl #601;j #275;/ noun http://www.emmasaying.comFrom:Emma SayingViews:0 0ratingsTime:00:11More inHowto Style

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