Parker Aerospace Named Highest-Rated Mechanical or Electrical Supplier Providing Customer Service to the Aerospace MRO Market – Business Wire

CLEVELAND--(BUSINESS WIRE)--Parker Aerospace, a business segment of Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it has received the top score in airline customer satisfaction among maintenance, repair, and overhaul (MRO) mechanical and electrical suppliers worldwide. The findings come from the third annual Air Transport Aftermarket Customer Satisfaction Survey conducted by Inside MRO, Air Transport World, and AeroDynamic Advisory.

Of the original equipment manufacturers (OEMs) ranked, only seven logged strong satisfaction scores. On a scale of 0-10, with 10 being the highest, those OEMs are:

This survey was conducted from mid-February to mid-May, with 185 qualified responses, including 62 unique airlines from around the world. OEMs were ranked in the following categories: ease of doing business, product reliability, technical support, parts cost, parts availability, aircraft-on-ground (AOG) support, OEM repair cost, OEM service center performance, overall satisfaction, and likelihood of recommending them to a peer or colleague.

Parker Aerospace improved year-over-year scores in ease of doing business, technical support, OEM repair cost, and OEM service center performance while also receiving the highest overall satisfaction score for mechanical/electrical suppliers in 2020. Most of the industry continues to show low net promoter scores (NPS) scores, like overall satisfaction, and Parkers NPS score has remained high among peers.

Lee Ann Shay, chief editor MRO, Aviation Week Network, reports in the July issue of Inside MRO that, Parker Hannifin has been putting a premium on customer service in the last several years, which seems to resonate with its customer base. It has expanded its in-region supportincluding inventory pooling centers in the Middle East, Europe, and Asia as well as repair capabilities. It also opened 24/7 customer response centers in Irvine, California, and Singapore.

The survey report also explains that Parker Hannifin Chairman and CEO Tom Williams established a net promoter score index called likelihood to recommend (LTR).

Customers are asked about their experience after every significant business transaction, says Austin Major, Parker Aerospace group vice president for business development & customer support. Customers who have good experiences hold a greater appreciation for the overall value offered by Parker and actively promote our brand. They are more likely to have a strong interest in new product offerings and product improvements, and to consider broadening their business with Parker.

Parkers leaders and business units are measured on the LTR scores, which Major says have steadily increased every year since the programs inception. Parker Aerospace has a division dedicated to serving aftermarket customers, called Customer Support Operations (CSO), which represents all of the aerospace technologies across Parkers Aerospace Group. Customers are surveyed with transactions that are manual and digital, plus an overall relationship survey, so that issues can be quickly identified and resolved.

The complete survey results and winners can be found in a recent webinar, Aviation Reset: Flight Path Forward, featuring MRO Top Performers: Strategies for Leading Customer Satisfaction. The panelists will discuss the increasing importance of customer engagement, how that is changing as airlines prioritize cost savings and efficiency, and maintaining excellent customer relations through mergers, acquisitions, and industry consolidation. Register here to view the on-demand webinar.

About Parker Aerospace. Parker Aerospace is a global leader in the research, design, integration, manufacture, certification, and lifetime service of flight control, hydraulic, fuel and inerting, fluid conveyance, ducting, exhaust air management, thermal management, lubrication, and pneumatic systems and components for aerospace and other high-technology markets. The company supports the worlds aircraft and aeroengine manufacturers, providing a century of experience and innovation for commercial and military aircraft.

About Parker Hannifin. Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Learn more at http://www.parker.com or @parkerhannifin.

Excerpt from:

Parker Aerospace Named Highest-Rated Mechanical or Electrical Supplier Providing Customer Service to the Aerospace MRO Market - Business Wire

Global Impact of Covid-19 on Aerospace Foams Market to Record Significant Revenue Growth During the Forecast Period 20202028 – Market Research Posts

Latest Research Report: Aerospace Foams industry

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Global Impact of Covid-19 on Aerospace Foams Market to Record Significant Revenue Growth During the Forecast Period 20202028 - Market Research Posts

What’s Trending in Aerospace – July 19, 2020 – Aviation Today

Check out the July 19 edition of What's Trending in Aerospace, where editors and contributors for Avionics Internationalbring you some of the top headlines and stories across various segments of the global aerospace industry that you should be aware of for the week ahead.

At the 2018 Farnborough International Airshow, a concept of the Tempest sixth generation fighter jet concept aircraft was on display. (Leonardo)

The 2020 Farnborough International Airshow (FIA) is presenting an all digital webcast experience this week in place of its bi-annual live gathering at Farnborough International Airport.

In 2018, there were 80,000 visitors from 96 countries at FIA, which should mean a large online participation this week as the airshow has planned for five days of keynote speeches, presentations and networking opportunities. Topics featured on the agenda include space exploration, real time operating systems, sixth generation fighter jet technology and several sessions dedicated to the future of sustainability in aviation.

FIA is providing free registration for the event via its website here.

Boeing Announces Second Quarter Aircraft Deliveries

In a July 14 press release, Boeing announced its major program deliveries for the second quarter, that included 20 commercial aircraft deliveries. That brings the total number of commercial aircraft delivered year to date for Boeing to 70.

"Our commercial airplane deliveries in the second quarter reflect the significant impacts of the COVID-19 pandemic on our customers and our operations that included a shutdown of our commercial airplane production for several weeks. We have and will continue to work with our customers on specific timing and adjustment to deliveries," said Greg Smith, Boeing executive vice president of Enterprise Operations, chief financial officer and interim leader of Communications.

Stratos Aircraft achieved the first flight of its 716X six seater jet. Photo: Stratos Aircraft

Stratos Aircraft announced the first flight of its Stratos 716X model registration N716X. The flight lasted 22 minutes, according to a July 10 press release published by the company.

The Stratos 716X is a "multi-role" VLJ (Very Light Jet) designed to seat six people to support personal, business, and air taxi use.

Flown by test pilot Sean VanHatten, the Stratos 716X is a spacious six-place jet with generous space for baggage. The all-carbon airframe, single-engine jet is designed to cruise at 400 knots. The first flight was a full power takeoff and climb to 13,500 ft. A series of maneuvers were then conducted to evaluate handling characteristics. The flight is the first of an extensive flight test program that will span the next several months, according to Stratos Aircraft.

The 716X is 4.5 ft longer, and has a wider cabin, than the 714 Proof of Concept (PoC) aircraft introduced at Oshkosh in 2017. The all-carbon-fiber 716X features trailing link gear, is powered by a Pratt & Whitney JT15D-5 turbofan, and is configured with dual G3X screens, GTN 750 MFD, integrated Garmin Autopilot, dual standby attitude indicators, custom switch panels, fully automated pressurization system, and air conditioning.

VersaLogic Has a New Embedded Computing System with Error Correcting Memory

(Versalogic)

VersaLogic Corp. has released a new compact and rugged embedded computing system with error correcting (ECC) memory. This is VersaLogics eighth product family released in the popular Embedded Processing Unit format.

Named Owl, this new computer features error correcting memory combined with Intels latest 5th generation Apollo Lake processors (dual or quad core). The Owl also includes TPM 2.0 hardware security, on-board power conditioning, Mini PCIe expansion sockets, and analog input ports, along with standard USB and Ethernet I/O ports.

On-board I/O includes dual Gigabit Ethernet, one USB 3.0 and four USB 2.0 ports, eight analog inputs, eight digital I/O ports, and four serial ports. A SATA interface, eMMC Flash, mSATA slot, and a microSD socket provide a range of data storage options, according to the company.

Microchip Technology introduced its newly-expanded portfolio of Transient Voltage Suppressor (TVS) vertical arrays the MDA3KP Transient Voltage Suppressor (TVS), a 3 kW diode family of more than 25 products with different screening levels, polarities and qualification standards.

Microchips MDA3KP TVS diode array family provides an integrated multi-diode solution. These voltage-clamping devices provide fast-reacting Avalanche Breakdown Diode (ABD) features that divert excess current around sensitive components to protect them from electrical overstress, the company said in a press release.

Digital controls, logic and diagnostic system circuit blocks require highly reliable, secure current and power protection to ensure operations in extreme environments, said Leon Gross, vice president of Microchips Discrete Product Group business unit. This diode family also addresses the challenges system designers face with a more efficient vertical construction and requirement for less board space than other devices.

Skydio X2

Skydio, a U.S.-based developer of small unmanned aircraft systems (UAS) for recreation, commercial and military use, closed $100 million in Series C funding, bringing its total funds raised to $170 million.

Known primarily for its industry-leading autonomy systems and producing high-quality video footage of recreational activities, Skydio also has contracts with the U.S. Army, U.S. Air Force and Drug Enforcement Agency. Its one of a few domestic companies the Pentagon is hoping will be able to provide secure, affordable small drones after the DoD acted to ban the use of Chinese-made DJI drones due to data security concerns.

Last May, Skydio was one of six companies the Army chose, through the Defense Innovation unit, to develop short-range reconnaissance (SRR) platforms. The other five are Altavian, Teal Drones, Lumenier, Vantage Robotics and Parrot.

Alongside the fundraise, Skydio announced a new family of drones it calls X2, available in enterprise and military configurations. The military version meets the Armys SRR requirements, pairing Skydios autonomous navigation technology with a ruggedized airframe, folding arms, a thermal camera and up to 35 minutes of flight time.

The Pentagon recently announced $13.4 million in awards to UAS and related technology developers through the Defense Production Act Title III, as part of the national response to COVID-19. Skydio received $4 million to continue work on their flight controller hardware and software and data link.

As policymakers continue to voice concerns about Chinese-made DJI drones and data-harvesting, Skydio is well-positioned to capture a significant share of the enterprise and military market looking to move away from foreign UAS.

Honeywell Offers New GPS-Denied Navigation System

Honeywell is introducing HGuide n380, a new inertial navigation system that communicates position, orientation and velocity of an object even if GPS signals are unavailable. This version is developed to offer a smaller, lighter, lower-priced version of similar systems, for use on smaller, more weight-constrained aircraft.

We recognized a need for a small, high-performance inertial navigation system in areas like 3D mapping, surveying and other applications where space is at a premium and performance cannot be compromised, said Chris Lund, offering management senior director, Navigation and Sensors, Honeywell Aerospace. We responded by developing the HGuide n380 inertial navigation system, which provides our customers with proven, cost effective inertial sensor technology, created for aerospace applications, but that can be integrated into almost any architecture.

This new inertial navigation system is composed of Honeywells HGuide i300 inertial measurement unit (IMU), a global navigation satellite system (GNSS) receiver and Honeywells proprietary sensor fusion software, which is based on the algorithms used for navigation on millions of aircraft every day. Inputs from these components are fused together to determine position, orientation and velocity to deliver critical navigation information even in areas where a satellite signal is degraded or altogether unavailable, such as canyons, bridges, tunnels, mountains, parking garages or dense forests.

Lilium Selects Toray Industries As Carbon Fiber Composite Supplier

German air taxi developer Lilium, which is working to certify its five-seat, all-electric, vertical takeoff and landing Lilium Jet, is partnering with Toray Industries to supply high-performance carbon fiber composite for production of future technology demonstrators and eventual manufacturing of its aircraft.

Securing this supply agreement marks an important step in the maturity of our supply chain and in our preparations for serial production, commented Daniel Wiegand, co-founder and CEO at Lilium.

The agreement also paves the way for further collaboration between the two companies, both in the provision of other high-performance materials and the establishment of research and development partnerships.

Lilium, which expects to begin commercial operations in 2025, recently added Bailie Gifford as a shareholder and brought its total funds raised to date up to $375 million.

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What's Trending in Aerospace - July 19, 2020 - Aviation Today

Executive urged to act over axing of 235 aerospace jobs – Belfast Telegraph

The Stormont Executive has been asked to step in to assist workers at Co Down-based Collins Aerospace after the company announced 235 employees would not be returning to work at the end of their furlough period.

The news that around a quarter of the workforce were losing their jobs at the Kilkeel company could cost the local economy 10million a year.

Unite regional officer Kieran Ellison said the scale of the job losses would also mean uncertainty for many other workers and small businesses that depend on these employees for a livelihood.

"Unite is estimating that the Kilkeel job losses will cost the local economy 10million a year," Mr Ellison added said.

"While the likes of France and Germany have brought forward multibillion-pound strategies to safeguard jobs and skills in their aerospace sectors, the UK Government has made a patchwork of initiatives, whilst at the same time we are seeing a tsunami of job losses on its watch. Stormont also needs to step up in terms of support.

"As an immediate priority, we need to see the introduction of short-time working to enable continued employment, alongside a training programme to up-skill them for the future."

Collins Aerospace said it was continuing to experience difficulties due to Covid-19. It also forecast reduced business in future.

"This has forced us to take further actions to align with current and future business demands in an evolving environment," the company added.

"We have made the extremely difficult but necessary decision to commence a consultation process with the union and appointed staff representatives to discuss proposals to reduce headcount and make other operational changes in Kilkeel. This is a critical step to ensuring that Collins Aerospace emerges strong once this crisis is contained.

"The number of redundancies is subject to consultation, but the current proposals envisage 235 roles being made redundant."

Sinn Fein MP Chris Hazzard said the losses would come as a bitter blow to workers and their families.

"First and foremost, this is devastating for the workers, but it will also have a major impact on the local economy," he added.

"The company has exhausted a series of mitigation steps, including eliminating overtime, freezing recruitment and accessing the furlough job retention scheme.

"I have asked management to continue to proactively engage with workers at every stage of the process and offer retraining and up-skilling opportunities wherever possible for those workers affected."

SDLP MLA Sinead Bradley said the job losses at the company, which was the main sponsor of the Newcastle Festival of Flight last year, would be felt right across the local community.

"Employees have expressed their anxiety that they could be faced with unemployment by the end of October," she said.

"The retention of employment on this site is of critical importance to the economic prosperity of Kilkeel town and the surrounding areas.

"Immediate intervention from the Executive and Economy Minister Diane Dodds is needed.

"We can't afford to stand by and allow jobs critical to the local economy to disappear."

Approximately 1,100 jobs were lost in the aerospace sector in just one week in June when Bombardier in east Belfast and Portadown aeroplane seat manufacturer Thompson Aero announced redundancies.

Belfast Telegraph

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Executive urged to act over axing of 235 aerospace jobs - Belfast Telegraph

Howmet Aerospace to Host Webcast and Announce Second Quarter 2020 Results – Yahoo Finance

Howmet Aerospace Inc. (NYSE:HWM) will announce its second quarter 2020 financial results on Thursday, August 6, 2020. The press release and presentation materials will be available at approximately 8:00 AM ET on August 6, 2020, via the "Investors" section of the Howmet Aerospace website. A link to the press release will also be available via the Howmet Aerospace Twitter handle @HowmetAerospace at https://twitter.com/HowmetAerospace.

The conference call and webcast will begin at 10:00 AM ET. Details of both follow.

Conference Call Information:

Day:

August 6, 2020

Time:

10:00 AM ET

Hosts:

John Plant, Executive Chairman and Co-Chief Executive Officer

Ken Giacobbe, Executive Vice President and Chief Financial Officer

Call:

(833) 519-1352

+ 1 (918) 922-6504 (International)

Conference ID: 1243909

To avoid a delay in start time, please dial in beginning at 9:45 AM ET

Webcast:

Available on the "Investors/Events and Presentations" section of http://www.howmet.com (audio and slides).

Replay Information

A replay of the call will be available on the "Investors/Events and Presentations" section of http://www.howmet.com from August 6 at 1:10 PM ET until August 21 at 11:59 PM ET. Details follow.

About Howmet Aerospace

Howmet Aerospace, Inc., headquartered in Pittsburgh, Pennsylvania, is a leading global provider of advanced engineered solutions for the aerospace and transportation industries. The Companys primary businesses focus on jet engine components, aerospace fastening systems, and titanium structural parts necessary for mission-critical performance and efficiency in aerospace and defense applications, as well as forged wheels for commercial transportation. With nearly 1,300 granted and pending patents, the Companys differentiated technologies enable lighter, more fuel-efficient aircraft to operate with a lower carbon footprint. In 2019, the businesses of Howmet Aerospace reported annual revenue of over $7 billion. For more information, visit http://www.howmet.com. Follow @howmet: LinkedIn, Twitter, Instagram, Facebook, and YouTube.

Dissemination of Company Information

Howmet Aerospace intends to make future announcements regarding Company developments and financial performance through its website at http://www.howmet.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200723005425/en/

Contacts

Investor Contact Paul T. Luther(412) 553-1950Paul.Luther@howmet.com

Media Contact Paul Erwin(412) 553-2666Paul.Erwin@howmet.com

Continue reading here:

Howmet Aerospace to Host Webcast and Announce Second Quarter 2020 Results - Yahoo Finance

Global Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives Market (2019 to 2026) – Size, Share, Outlook and COVID-19 Strategies -…

DUBLIN--(BUSINESS WIRE)--The "Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives Market, Size, Share, Outlook and COVID-19 Strategies, Global Forecasts from 2019 to 2026" report has been added to ResearchAndMarkets.com's offering.

This report presents the emerging market trends, factors driving the Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives market growth, and potential opportunities over the forecast period. The trends underpinning the profitability of Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives companies are shifting rapidly, forcing companies to carefully align their strengths in synchronization with Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives industry trends.

To avoid getting left behind in an intensive competitive Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives market, global companies need a new approach to ensure they create value in this environment. Amid increasing activities of M&A and growing activist-investor activity, Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives companies must strengthen their capabilities to maintain their market shares in the Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives industry.

The report presents an introduction to the Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives market in 2020, analyzing the COVID-19 impact both quantitatively and qualitatively. It presents the strategies being adopted by leading Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives companies, emerging market trends, Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives market drivers, challenges, and potential opportunities to 2026. The market attractiveness index is also included to assess the impact of suppliers, buyers, competitive landscape, new entrants, and substitutes on the Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives market.

The global Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives market size is forecast across different scenarios including the actual forecasts and COVID affected forecasts from 2019 to 2026. Further, Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives market revenue and market shares in global industry are forecast across different types of Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives, applications, and end-user segments of Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives and across 18 countries.

Report Guide

General Scope

Key Topics Covered:

1 Table of Contents

2 Executive Summary

3 Strategic Analytics to Boost Productivity and Profitability

3.1 Potential Market Drivers and Opportunities

3.2 New Challenges and Strategies being adopted by Companies

3.3 Short Term and Long Term Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives market trends

3.4 Impact of New Entrants, Competitive Landscape, Substitutes, Buyer and Supplier Powers

4 Global Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives Market Outlook across Types to 2026

4.1 Asia Pacific Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives Market Outlook across Types, 2019 - 2026

4.2 Europe Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives Market Outlook across Types, 2019 - 2026

4.3 North America Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives Market Outlook across Types, 2019 - 2026

4.4 South and Central America Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives Market Outlook across Types, 2019 - 2026

4.5 Middle East Africa Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives Market Outlook across Types, 2019 - 2026

5 Global Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives Market Outlook across Applications to 2026

5.1 Asia Pacific Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives Market Outlook across Applications, 2019 - 2026

5.2 Europe Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives Market Outlook across Applications, 2019 - 2026

5.3 North America Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives Market Outlook across Applications, 2019 - 2026

5.4 South and Central America Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives Market Outlook across Applications, 2019 - 2026

5.5 Middle East Africa Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives Market Outlook across Applications, 2019 - 2026

6 Country - wise Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives Market Analysis and Outlook to 2026

7 Global Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives Market Competitive Analysis

7.1 Top 10 Leading Companies in the global Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives industry

7.1.1 Business Overview

7.1.2 Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives Products and Services

7.1.3 SWOT Analysis

7.1.4 Financial Profile

8 Global Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives Market - Recent Developments

8.1 Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives Market News and Developments

8.2 Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives Market Deals Landscape

9 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/cit1g6

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Global Epoxy, Cyanoacrylate and Other Aerospace Interior Adhesives Market (2019 to 2026) - Size, Share, Outlook and COVID-19 Strategies -...

Parker Aerospace Named Highest-Rated Mechanical or Electrical Supplier Providing Customer Service to the Aerospace MRO Market – Yahoo Finance

Parker Aerospace earned high scores in customer satisfaction among aerospace MRO mechanical and electrical suppliers worldwide through an independent survey

Parker Aerospace, a business segment of Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it has received the top score in airline customer satisfaction among maintenance, repair, and overhaul (MRO) mechanical and electrical suppliers worldwide. The findings come from the third annual Air Transport Aftermarket Customer Satisfaction Survey conducted by Inside MRO, Air Transport World, and AeroDynamic Advisory.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200722006016/en/

Results from the 2020 Air Transport Aftermarket Customer Satisfaction Survey named Parker Aerospace the highest-rated mechanical or electrical supplier and among the strongest in customer satisfaction. (Graphic: Business Wire)

Of the original equipment manufacturers (OEMs) ranked, only seven logged strong satisfaction scores. On a scale of 0-10, with 10 being the highest, those OEMs are:

This survey was conducted from mid-February to mid-May, with 185 qualified responses, including 62 unique airlines from around the world. OEMs were ranked in the following categories: ease of doing business, product reliability, technical support, parts cost, parts availability, aircraft-on-ground (AOG) support, OEM repair cost, OEM service center performance, overall satisfaction, and likelihood of recommending them to a peer or colleague.

Parker Aerospace improved year-over-year scores in ease of doing business, technical support, OEM repair cost, and OEM service center performance while also receiving the highest overall satisfaction score for mechanical/electrical suppliers in 2020. Most of the industry continues to show low net promoter scores (NPS) scores, like overall satisfaction, and Parkers NPS score has remained high among peers.

Lee Ann Shay, chief editor MRO, Aviation Week Network, reports in the July issue of Inside MRO that, "Parker Hannifin has been putting a premium on customer service in the last several years, which seems to resonate with its customer base. It has expanded its in-region supportincluding inventory pooling centers in the Middle East, Europe, and Asia as well as repair capabilities. It also opened 24/7 customer response centers in Irvine, California, and Singapore."

The survey report also explains that Parker Hannifin Chairman and CEO Tom Williams established a net promoter score index called likelihood to recommend (LTR).

"Customers are asked about their experience after every significant business transaction," says Austin Major, Parker Aerospace group vice president for business development & customer support. "Customers who have good experiences hold a greater appreciation for the overall value offered by Parker and actively promote our brand. They are more likely to have a strong interest in new product offerings and product improvements, and to consider broadening their business with Parker."

Parkers leaders and business units are measured on the LTR scores, which Major says have steadily increased every year since the programs inception. Parker Aerospace has a division dedicated to serving aftermarket customers, called Customer Support Operations (CSO), which represents all of the aerospace technologies across Parkers Aerospace Group. Customers are surveyed with transactions that are manual and digital, plus an overall relationship survey, so that issues can be quickly identified and resolved.

Story continues

The complete survey results and winners can be found in a recent webinar, Aviation Reset: Flight Path Forward, featuring MRO Top Performers: Strategies for Leading Customer Satisfaction. The panelists will discuss the increasing importance of customer engagement, how that is changing as airlines prioritize cost savings and efficiency, and maintaining excellent customer relations through mergers, acquisitions, and industry consolidation. Register here to view the on-demand webinar.

About Parker Aerospace. Parker Aerospace is a global leader in the research, design, integration, manufacture, certification, and lifetime service of flight control, hydraulic, fuel and inerting, fluid conveyance, ducting, exhaust air management, thermal management, lubrication, and pneumatic systems and components for aerospace and other high-technology markets. The company supports the worlds aircraft and aeroengine manufacturers, providing a century of experience and innovation for commercial and military aircraft.

About Parker Hannifin. Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Learn more at http://www.parker.com or @parkerhannifin.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200722006016/en/

Contacts

Brian KingParker Aerospace+1 (714) 458-7416brian.king@parker.com

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Parker Aerospace Named Highest-Rated Mechanical or Electrical Supplier Providing Customer Service to the Aerospace MRO Market - Yahoo Finance

Aerospace Oxygen System Market 2020-2026 Share, Growth by Geographical Region, Application, Driver, Trends, Top Company and Forecast – Express Journal

Global Aerospace Oxygen System market Size study report with COVID-19 effect is considered to be an extremely knowledgeable and in-depth evaluation of the present industrial conditions along with the overall size of the Aerospace Oxygen System industry, estimated from 2020 to 2026. The research report also provides a detailed overview of leading industry initiatives, potential market share and business-oriented planning, etc. The study discusses favorable factors related to current industrial conditions, levels of growth of the Aerospace Oxygen System industry, demands, differentiable business-oriented approaches used by the manufacturers of the Aerospace Oxygen System industry in brief about distinct tactics and futuristic prospects.

The research report on Aerospace Oxygen System market provides a comparative study of the historical data with the changing market scenario to reveal the future roadmap of the industry. It offers detailed insights pertaining to the growth markers, challenges and opportunities residing in this industry vertical. A magnified view of the regional landscape and competitive terrain of this business sphere is also encompassed in the document. In addition, the report reevaluates the market behavior considering the impact of COVID-19 on the business landscape.

Aerospace Oxygen System market rundown:

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An overview of regional terrain:

Competitive outlook of the Aerospace Oxygen System market:

Other important takeaways from the Aerospace Oxygen System market report:

The report answers important questions that companies may have when operating in the global Aerospace Oxygen System market. Some of the questions are given below:

What will be the size of the global Aerospace Oxygen System market in 2026?

What is the current CAGR of the global Aerospace Oxygen System market?

Which product is expected to show the highest market growth?

Which are the top players currently operating in the global Aerospace Oxygen System market?

Which application is projected to gain a lions share of the global Aerospace Oxygen System market?

Will there be any changes in market competition during the forecast period?

Which region is foretold to create the most number of opportunities in the global Aerospace Oxygen System market?

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Aerospace Oxygen System Market 2020-2026 Share, Growth by Geographical Region, Application, Driver, Trends, Top Company and Forecast - Express Journal

Latest Study explores the Dimensional Metrology in Aerospace and Defense Market Witness Highest Growth in near future – AlgosOnline

The ' Dimensional Metrology in Aerospace and Defense market' research report now available with Market Study Report, LLC, is a compilation of pivotal insights pertaining to market size, competitive spectrum, geographical outlook, contender share, and consumption trends of this industry. The report also highlights the key drivers and challenges influencing the revenue graph of this vertical along with strategies adopted by distinguished players to enhance their footprints in the Dimensional Metrology in Aerospace and Defense market.

The Dimensional Metrology in Aerospace and Defense market report contains vital information of this business vertical. According to the document, the market is expected to record a remunerative growth rate as well as acquire noticeable returns during the analysis timeframe.

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The study evaluates the key development trends associated with the Dimensional Metrology in Aerospace and Defense market while analyzing the growth opportunities, revenue predictions, market size and volume of sales. The report also offers an in-depth analysis regarding the growth avenues as well as expands on the market segmentations.

Additionally, the document assesses the effect of COVID-19 pandemic on the overall Dimensional Metrology in Aerospace and Defense market outlook.

Other details specified in the Dimensional Metrology in Aerospace and Defense market report:

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Considering the geographical terrain of the Dimensional Metrology in Aerospace and Defense market:

The study scrutinizes the regional scope of the Dimensional Metrology in Aerospace and Defense market and categorizes the same into North America, Europe, Asia-Pacific, Middle East & Africa and South America.

The Study Objectives of Dimensional Metrology in Aerospace and Defense Market Report Are:

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Latest Study explores the Dimensional Metrology in Aerospace and Defense Market Witness Highest Growth in near future - AlgosOnline

The global aerospace composites market size is projected to grow from USD 23.8 billion in 2020 to USD 41.4 billion by 2025, at a CAGR of 11.7% – Yahoo…

during the same period. The aerospace composites offer exceptional properties, such as low weight, stiffness, strength, tenacity, density, thermal & electrical conductivity, fatigue, and corrosion resistance.

New York, July 23, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Aerospace Composites Market by Fiber Type, Matrix Type, Application, Manufacturing Process, Aircraft Type And Region - Global Forecast to 2025" - https://www.reportlinker.com/p05208354/?utm_source=GNW Owing to these outstanding properties, conventional materials, such as aluminum and steel, are less preferred in high-performance applications such as aircraft interiors and exteriors. However, the global pandemic disease COVID-19 has forced the aerospace component manufacturers to shut down their operations partially, which is expected to decrease the demand for aerospace composites in 2020.

The ceramic fiber composite segment of aerospace composites to be the fastest-growing segment in terms of value.The aerospace composites in the ceramic fiber composite segment are expected to register faster growth.There is a high demand for ceramic fiber composites for making jet engines from commercial, military, civil, business, and general aviation aircraft.

On account of the development of production facilities by major companies and increased investments in R&D, these fiber composites have a significant market share in Europe and North America.

Ceramic matrix composites to be the faster-growing matrix type, in terms of value.

Ceramic matrix composites are reinforced with discontinuous reinforcement, such as particles, whiskers or chopped, fibers, or with continuous fibers.The matrix is used to keep the reinforcing phase in the required orientation, which acts as a load transfer media, and protects the reinforcement from the environment.

The ceramic matrix composites offer properties such as high damage tolerance, fracture toughness, and high temperature, wear, and corrosion resistance, which are driving the use of ceramic matrix composites in the aerospace composites market.

Owing to the COVID-19 pandemic, the new aircraft deliveries are expected to reduce in 2020, which will result in reduced less demand for ceramic matrix composites from gas turbine engines, nose caps, and exhaust nozzles applications. The demand is expected to recover after 2020.

The commercial aircraft segment to be the fastest-growing aircraft type, in terms of value, in the aerospace composites market.The commercial aircraft segment is the fastest-growing aircraft type in terms of value, of the overall aerospace composites market in 2019.There is a high demand for carbon fiber composites in commercial airliners as they enable reduction of weight, increase fuel efficiency, reduce assembly time & maintenance, and improve performance.

A large number of commercial airplane deliveries in the single-aisle, widebody, twin-aisle, and regional jet segments are expected to increase the demand for carbon fiber composites during the forecast period. Due to COVID-19, the travel restrictions are affecting negatively, which has resulted in fewer aircraft deliveries and expected to reduce composite demand in 2020.

APAC is projected to be the fastest-growing aerospace composites industry.

APAC is projected to be the fastest-growing aerospace composites market during the forecast period.The region comprises countries, such as Japan, China, and India, having significant potential owing to the presence of established raw material suppliers, product manufacturers, and increasing new aircraft deliveries in the region.

There is a high demand for aerospace composites from the aerospace industry in the region.However, COVID-19 has negatively affected the aerospace industry in the APAC region.

Japan, China, and Malaysia provides various components to aircraft manufacturers; the COVID-19 pandemic has resulted in less demand for the new aircraft, which is expected to reduce composite consumption in these countries in 2020.This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided into the following three categories: By Company Type- Tier 1- 40%, Tier 2- 33%, and Tier 3- 27% By Designation- C Level- 50%, Director Level- 20%, and Others- 30% By Region- North America- 15%, Europe- 50%, APAC- 20%, Latin America-5%, MEA-10%,

The report provides a comprehensive analysis of company profiles listed below: Solvay (Belgium) Toray Industries, Inc. (Japan) Mitsubishi Chemical Holdings (Japan) Hexcel Corporation (US) Teijin Limited (Japan) SGL Group (Germany) Materion Corporation (US) Owens Corning (US) Spirit AeroSystems (US) Lee Aerospace (US)

Research CoverageThis report covers the global aerospace composites and forecasts the market size until 2025.The report includes the market segmentation By Fiber Type (Carbon Fiber Composites, Ceramic Fiber Composites, Glass Fiber Composites, Others), Matrix Type (Polymer Matrix, Ceramic Matrix, Metal Matrix), Application (Interior and Exterior), Manufacturing Process (AFP/ATL, Lay-up, Resin Transfer Molding, Aircraft Type (Commercial Aircrafts, Business & General Aviation, Military Aircrafts, Civil Helicopters, Others)) and Region (Europe, North America, APAC, Latin America, and MEA).

Porters Five Forces analysis, along with the drivers, restraints, opportunities, and challenges, are discussed in the report. It also provides company profiles and competitive strategies adopted by the major players in the global aerospace composites.

Key benefits of buying the report:

The report will help market leaders/new entrants in this market in the following ways:1. This report segments the global aerospace composites comprehensively. It provides the closest approximations of the revenues for the overall market and the sub-segments across different verticals and regions.2. The report helps stakeholders understand the pulse of the aerospace composites industry and provides them with information on key market drivers, restraints, challenges, and opportunities.3. This report will help stakeholders to understand competitors better and gain more insights to better their position in their businesses. The competitive landscape section includes the competitor ecosystem and expansion.

Reasons to buy the report:The report will help market leaders/new entrants in this market by providing them with the closest approximations of the revenues for the overall aerospace composites and the sub-segments.It will help stakeholders to understand the competitive landscape and gain more insights to position their businesses and market strategies in a better way.

The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, opportunities, and challenges.

Read the full report: https://www.reportlinker.com/p05208354/?utm_source=GNW

About ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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The global aerospace composites market size is projected to grow from USD 23.8 billion in 2020 to USD 41.4 billion by 2025, at a CAGR of 11.7% - Yahoo...

Ball Aerospace Selected by Defense Innovation Unit to Develop Prototype Antenna for US Navy Ships – PRNewswire

BOULDER, Colo., July 21, 2020 /PRNewswire/ --Ball Aerospace was selected by the Defense Innovation Unit (DIU) to develop a prototype of a new multi-band, low-observable satellite communications antenna to be installed on the U.S. Navy's newest stealth ships, the DDG 1000 Zumwalt-class destroyers.

Ball is leveraging its portfolios of electronically steerable phased array antenna technologies and high-performance stealth technologies to design a solution that can operate over multiple frequency bands, meet existing signature requirements and integrate into the DDG 1000 Zumwalt-class destroyer.

"We are pleased to partner with DIU and the U.S. Navy to explore ways to quickly and cost-effectively increase the capabilities of the DDG 1000," said Dr. Jake Sauer, vice president and general manager, Tactical Solutions, Ball Aerospace. "Our multi-band, multi-beam phased array heritage and conformal antenna expertise directly supports the warfighter by addressing emerging threats and taking on new missions."

The selection of Ball to produce the new antenna prototype is part of DIU's Multi-Domain Tactical Communications (MDTC) program. Under the MDTC effort, Ball will develop the antenna architecture, beamforming approach and prototype.

Ball has five decades of experience designing and building electronically steerable phased array antenna systems for the U.S. military, enabling mission-critical communications for the warfighter. The company's experience covers a variety of frequencies (including L, S, X, Ku, K, and Ka-band) and applications, from aviation and maritime to land and space. Lightweight, low profile and with no moving parts, Ball's phased array antennas provide numerous benefits over traditional dish antennas, including a modular design to enable scalable solutions and fast, seamless and accurate steering and tracking between satellites for reliable connectivity.

Powered by endlessly curious people with an unwavering mission focus, Ball Aerospace pioneers discoveries that enable our customers to perform beyond expectation and protect what matters most. We create innovative space solutions, enable more accurate weather forecasts, drive insightful observations of our planet, deliver actionable data and intelligence, and ensure those who defend our freedom go forward bravely and return home safely. Go Beyond with Ball. For more information, visit http://www.ball.com/aerospace or connect with us on Facebook or Twitter.

About Ball Corporation

Ball Corporation (NYSE: BLL) supplies innovative, sustainable aluminum packaging solutions for beverage, personal care and household products customers, as well as aerospace and other technologies and services primarily for the U.S. government. Ball Corporation and its subsidiaries employ more than 18,300 people worldwide and reported 2019 net sales of $11.5 billion. For more information, visit http://www.ball.com, or connect with us on Facebook or Twitter.

Forward-Looking Statements

This release contains "forward-looking" statements concerning future events and financial performance. Words such as "expects," "anticipates," "estimates," "believes," "targets," "likely," "positions" and similar expressions typically identify forward-looking statements, which are generally any statements other than statements of historical fact. Such statements are based on current expectations or views of the future and are subject to risks and uncertainties, which could cause actual results or events to differ materially from those expressed or implied. You should therefore not place undue reliance upon any forward-looking statements and any such statements should be read in conjunction with, and, qualified in their entirety by, the cautionary statements referenced below. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Key factors, risks and uncertainties that could cause actual outcomes and results to be different are summarized in filings with the Securities and Exchange Commission, including Exhibit 99 in our Form 10-K, which are available on our website and at http://www.sec.gov. Additional factors that might affect: a) our packaging segments include product capacity, supply, and demand constraints and fluctuations, including due to virus and disease outbreaks and responses thereto; availability/cost of raw materials and logistics; competitive packaging, pricing and substitution; changes in climate and weather; footprint adjustments and other manufacturing changes, including the startup of new facilities and lines; failure to achieve synergies, productivity improvements or cost reductions; mandatory deposit or other restrictive packaging laws; customer and supplier consolidation; power and supply chain interruptions,; potential delays and tariffs related to the U.K's departure from the EU; changes in major customer or supplier contracts or a loss of a major customer or supplier; political instability and sanctions; currency controls; changes in foreign exchange or tax rates; and tariffs, trade actions, or other governmental actions, including business restrictions and shelter-in-place orders in any country or jurisdiction affecting goods produced by us or in our supply chain, including imported raw materials, such as those related to COVID-19 and those pursuant to Section 232 of the U.S. Trade Expansion Act of 1962 or Section 301 of Trade Act of 1974; b) our aerospace segment include funding, authorization, availability and returns of government and commercial contracts; and delays, extensions and technical uncertainties affecting segment contracts; c) the company as a whole include those listed plus: the extent to which sustainability-related opportunities arise and can be capitalized upon; changes in senior management, succession, and the ability to attract and retain skilled labor; regulatory action or issues including tax, environmental, health and workplace safety, including U.S. FDA and other actions or public concerns affecting products filled in our containers, or chemicals or substances used in raw materials or in the manufacturing process; technological developments and innovations; the ability to manage cyber threats and the success of information technology initiatives; litigation; strikes; disease; pandemic; labor cost changes; rates of return on assets of the company's defined benefit retirement plans; pension changes; uncertainties surrounding geopolitical events and governmental policies both in the U.S. and in other countries, including policies, orders and actions related to COVID-19, the U.S. government elections, stimulus package(s), budget, sequestration and debt limit; reduced cash flow; interest rates affecting our debt; and successful or unsuccessful joint ventures, acquisitions and divestitures, and their effects on our operating results and business generally.

SOURCE Ball Aerospace

http://www.ballaerospace.com

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Ball Aerospace Selected by Defense Innovation Unit to Develop Prototype Antenna for US Navy Ships - PRNewswire

Tenax non-crimp fabrics and braided fibres qualified for Airbus – Aerospace Manufacturing

Teijins carbon fibre materials Tenax Dry Reinforcements (DR) has qualified for the Airbus A320neo wing spoilers using a Resin Transfer Moulding (RTM) process developed by Spirit AeroSystems.

The highly automated RTM solution incorporates Tenax Dry Reinforcements Non-Crimp Fabrics (DRNF) and Tenax Braided Fibres (DRBF) to form skins and stiffeners while maintaining existing product interfaces, allowing direct replacement of the all final spoiler components.

Tenax DRNF and Tenax DRBF have been developed for resin infusion and resin transfer moulding processes which can offer higher productivity and component integration than conventional autoclave moulding.

Tenax DRNF are created of bundled carbon fibre filaments being spread out in one direction in multiple layers with different directions, depending on the final component`s structural requirements. The fabrics have excellent fibre orientation which results in better mechanical properties than conventional woven fabric and reaches properties equivalent to aerospace grade thermosetting unidirectional prepreg. Tenax DRBF are applied within the spoiler component structure to act as cavity fillers, these materials have been qualified individually by Airbus specifically for this application.

The combination of the Tenax DRNF and Tenax DRBF achieve the Spirit AeroSystems criteria for aircraft component production such as effective process ability, productivity, and cost efficiency. A320neo spoiler components will be manufactured within a new high-volume production facility in Spirit AeroSystems, Prestwick, Scotland.

Teijin is intensively accelerating its development of mid- to downstream applications for aircraft, such as cost-effective carbon fibres with higher-tenacity and higher-tensile modulus, intermediate materials including Tenax Dry Reinforcement carbon fibre materials, carbon fibre thermoplastic unidirectional pre-impregnated tape (Tenax TPUD), carbon fibre thermoplastic consolidated laminate (Tenax TPCL) and thermoset prepreg.

Going forward, Teijin intends to further strengthen its carbon fibre and its intermediate material business as a leading solution provider for aircraft applications.

http://www.teijin.com

Michael Tyrrell

Digital Coordinator

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Tenax non-crimp fabrics and braided fibres qualified for Airbus - Aerospace Manufacturing

Aviation Week Network Wins Five Distinguished Aerospace Media Awards – GlobeNewswire

Photographer Mark Wagner wins Best Image

Chinese J-10 fighter team in Show News magazine

NEW YORK, July 23, 2020 (GLOBE NEWSWIRE) -- Aviation Week Network, serving the global aviation, aerospace and defense industries, has won five 2020 Aerospace Media Awards. The annual awards honor individuals who have made a significant contribution to aerospace journalism and publishing. The winners were announced in an online presentation from London on July 21.

The recognized work includes:

John Morris, Editor-in-Chief of ShowNews, was awarded a Lifetime Achievement Award, recognizing a career in journalism that spans 50 years, John has edited 560 issues of the onsite show daily since 1994.

Greg Hamilton, President, Aviation Week Network said, Helping the aviation and aerospace community make critical decisions and grow requires above-and-beyond journalistic achievement. Our editors are committed to serving the essential and complex community with the trusted and actionable information it needs to succeed. Its an honor to receive these prestigious awards."

The Aerospace Media Awards are an annual event that celebrates excellence in aerospace journalism and publishing. Founded in 2012 the awards take place in London or Paris on the eve of the Farnborough or Paris air shows.

ABOUT AVIATION WEEK NETWORK Aviation Week Network is the largest multimedia information and services provider for the global aviation, aerospace, and defense industries, serving 1.7 million professionals around the world. Industry professionals rely on Aviation Week Network to help them understand the market, make decisions, predict trends, and connect with people and business opportunities. Customers include the worlds leading aerospace manufacturers and suppliers, airlines, airports, business aviation operators, militaries, governments and other organizations that serve this worldwide marketplace. Aviation Week Networks portfolio delivers award-winning journalism, data, intelligence and analytical resources, world-class tradeshows and conferences, and results-driven marketing services and advertising.

Aviation Week Network is part of Informa Markets, a division of Informa PLC.

ABOUT INFORMA MARKETSInforma Markets creates platforms for industries and specialist markets to trade, innovate and grow. We provide marketplace participants around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, targeted digital services and actionable data solutions. We connect buyers and sellers across more than a dozen global verticals, including Aviation, Pharmaceuticals, Food, Medical Technology and Infrastructure. As the worlds leading market-making company, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year. For more information, please visit http://www.informamarkets.com.

Media ContactElizabeth SiskDirector, Marketing CommunicationsAviation Week Network860.495.5498elizabeth.sisk@aviationweek.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5e1cb84d-5a19-47fc-9348-d10647dae290

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Aviation Week Network Wins Five Distinguished Aerospace Media Awards - GlobeNewswire

Parker Aerospace Named Highest-Rated Mechanical or Electrical Supplier Providing Customer Service to the Aerospace MRO Market – AviationPros.com

CLEVELAND--(BUSINESS WIRE)--Parker Aerospace, a business segment of Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it hasreceived the top scorein airline customer satisfaction among maintenance, repair, and overhaul (MRO) mechanical and electrical suppliers worldwide. The findings come from the third annual Air Transport Aftermarket Customer Satisfaction Survey conducted byInside MRO,Air Transport World, andAeroDynamic Advisory

Of the original equipment manufacturers (OEMs) ranked, only seven logged strong satisfaction scores. On a scale of 0-10, with 10 being the highest, those OEMs are:

This survey was conducted from mid-February to mid-May, with 185 qualified responses, including 62 unique airlines from around the world. OEMs were ranked in the following categories: ease of doing business, product reliability, technical support, parts cost, parts availability, aircraft-on-ground (AOG) support, OEM repair cost, OEM service center performance, overall satisfaction, and likelihood of recommending them to a peer or colleague.

Parker Aerospace improved year-over-year scores in ease of doing business, technical support, OEM repair cost, and OEM service center performance while also receiving the highest overall satisfaction score for mechanical/electrical suppliers in 2020. Most of the industry continues to show low net promoter scores (NPS) scores, like overall satisfaction, and Parkers NPS score has remained high among peers.

Lee Ann Shay, chief editor MRO, Aviation Week Network, reports in the July issueofInside MROthat, Parker Hannifin has been putting a premium on customer service in the last several years, which seems to resonate with its customer base. It has expanded its in-region supportincluding inventory pooling centers in the Middle East, Europe, and Asia as well as repair capabilities. It also opened 24/7customer response centersin Irvine, California, and Singapore.

The survey report also explains thatParker HannifinChairman and CEO Tom Williams established a net promoter score index called likelihood to recommend (LTR).

Customers are asked about their experience after every significant business transaction, says Austin Major,Parker Aerospacegroup vice president for business development & customer support. Customers who have good experiences hold a greater appreciation for the overall value offered by Parker and actively promote our brand. They are more likely to have a strong interest in new product offerings and product improvements, and to consider broadening their business with Parker.

Parkers leaders and business units are measured on the LTR scores, which Major says have steadily increased every year since the programs inception. Parker Aerospace has a division dedicated to serving aftermarket customers, calledCustomer Support Operations(CSO), which represents all of the aerospace technologies across Parkers Aerospace Group. Customers are surveyed with transactions that are manual and digital, plus an overall relationship survey, so that issues can be quickly identified and resolved.

The complete survey results and winners can be found in a recent webinar, Aviation Reset: Flight Path Forward, featuring MRO Top Performers: Strategies for Leading Customer Satisfaction. The panelists will discuss the increasing importance of customer engagement, how that is changing as airlines prioritize cost savings and efficiency, and maintaining excellent customer relations through mergers, acquisitions, and industry consolidation.Register hereto view the on-demand webinar.

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Parker Aerospace Named Highest-Rated Mechanical or Electrical Supplier Providing Customer Service to the Aerospace MRO Market - AviationPros.com

What Type Of Returns Would Magellan Aerospace’s(TSE:MAL) Shareholders Have Earned If They Purchased Their SharesThree Years Ago? – Yahoo Finance

If you are building a properly diversified stock portfolio, the chances are some of your picks will perform badly. But the long term shareholders of Magellan Aerospace Corporation (TSE:MAL) have had an unfortunate run in the last three years. Regrettably, they have had to cope with a 67% drop in the share price over that period. The more recent news is of little comfort, with the share price down 61% in a year. More recently, the share price has dropped a further 9.7% in a month.

Check out our latest analysis for Magellan Aerospace

There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.

Magellan Aerospace saw its EPS decline at a compound rate of 14% per year, over the last three years. The share price decline of 31% is actually steeper than the EPS slippage. So it's likely that the EPS decline has disappointed the market, leaving investors hesitant to buy. This increased caution is also evident in the rather low P/E ratio, which is sitting at 5.72.

The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).

earnings-per-share-growth

Dive deeper into Magellan Aerospace's key metrics by checking this interactive graph of Magellan Aerospace's earnings, revenue and cash flow.

It is important to consider the total shareholder return, as well as the share price return, for any given stock. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Magellan Aerospace, it has a TSR of -64% for the last 3 years. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return.

While the broader market lost about 5.0% in the twelve months, Magellan Aerospace shareholders did even worse, losing 59% (even including dividends) . Having said that, it's inevitable that some stocks will be oversold in a falling market. The key is to keep your eyes on the fundamental developments. Unfortunately, last year's performance may indicate unresolved challenges, given that it was worse than the annualised loss of 10.0% over the last half decade. We realise that Baron Rothschild has said investors should "buy when there is blood on the streets", but we caution that investors should first be sure they are buying a high quality business. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. For instance, we've identified 3 warning signs for Magellan Aerospace (1 makes us a bit uncomfortable) that you should be aware of.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on CA exchanges.

Story continues

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com.

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What Type Of Returns Would Magellan Aerospace's(TSE:MAL) Shareholders Have Earned If They Purchased Their SharesThree Years Ago? - Yahoo Finance

TE Connectivity brings single pair ethernet to the skies Aerospace Manufacturing – Aerospace Manufacturing

TE Connectivity (TE) is unveiling its new Mini-ETH single pair ethernet system for commercial aircraft that is said to offer substantial weight savings, more bandwidth and simpler installation and maintenance by using proven technologies from other markets.

As designers search for greater efficiency onboard aircraft, TEs new Mini-ETH system offers them up to 73% weight savings in cables and up to 41% weight savings in connectors compared to standard eight-wire cables and rectangular connectors.

Using ethernet over single pair protocols derived from the automotive market, the Mini-ETH system delivers its weight savings by employing a two-wire cable design, which was recently standardized under the ARINC 854 cabin equipment network bus standard. Two-wire cables and corresponding 369 connectors help reduce termination time by up to 50% compared to standard quadrax connectors. The reduction in wires within TEs Mini-ETH system can also simplify maintenance when compared to quadrax connectors.

These efficiencies come in a versatile package that is qualified to 100Mb/s with the ability to support up to 1Gb/s in future applications. The Mini-ETH system is currently designed for use in In-Flight Entertainment (IFE) systems, seat power and lighting controls.

The Mini-ETH single pair ethernet system adapts to what customers need from it, so they can retrofit an existing aircraft with Mini-ETH products to achieve savings or design it in to a future system as some customers are doing, said Russell Graves, global aerospace business development manager for TEs Aerospace, Defence and Marine division. TE is pleased to be one of the first manufacturers to offer an ethernet over single pair solution for the commercial aerospace market.

TEs Mini-ETH system consists of a range of time-tested TE products, including:

For more information on TEs Mini-ETH single pair ethernet system, visit the Mini-ETH landing page.

http://www.te.com

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TE Connectivity brings single pair ethernet to the skies Aerospace Manufacturing - Aerospace Manufacturing

Innovation never stops – Aerospace Manufacturing

Iscars new products have already proved their effectiveness in turning aero engine parts from super alloys [Fig1]

The aerospace industry is not only one of the largest consumers of cutting tools, but also one of the most important driving factors for cutting tool development. Whatever the material or application, Iscar Tools keeps on innovating.

The aerospace industry features continuous efforts aimed at improving aircraft component manufacturing efficiency, increasing flight safety, and reducing potential environmental damage.

To achieve these goals, the industry must constantly improve the design of aircraft engines and airframe structural elements, to increase the protection of the aircraft from the damaging action of such dangerous factors as lightning and icing. This in turn has resulted in a series of industry demands, including the introduction of engineering materials that require new production technologies, developing appropriate machinery and cutting tools. The aircraft manufacturer has to deal with complex parts, which are produced from various materials with the use of different machining strategies. This is why the aerospace industry is considered as a powerful and leading force for progress in cutting tool development.

Many materials used for manufacturing aircraft components have poor machinability. Titanium, high temperature superalloys (HTSA) and composites are difficult-to-cut materials. In order to increase output rate and improve productivity, aerospace component manufacturers must use machine tools capable of implementing advanced machining operations. In such conditions, the role of cutting tools are significantly increased; however, they can represent the weakest link in the whole manufacturing system due to their low durability as a system element, which can decrease productivity. Aerospace customers expect higher levels of performance and reliability from cutting tools and manufacturers have been both challenged and inspired, in terms of developing and integrating sometimes unconventional solutions into their products, to meet these expectations.

Basic materials

Most cutting tools continue to be manufactured from cemented carbide. Over recent years, Iscar has introduced several carbide grades designed specifically for aerospace materials, including IC 5820. The grade combines the advantages of a new submicron substrate, a progressive hard CVD coating, and a post-coating treatment to substantially increase impact strength and heat resistance. The inserts from this grade are intended mostly for milling titanium. Pinpointed wet cooling and especially high-pressure coolant (HPC) significantly improve grade performance.

Ceramics, another tool material, possess considerably higher hot hardness and chemical inertness than cemented carbides. This means that ceramics ensure much greater cutting speeds and eliminate diffusion wear. One of the last Iscars developments, a family of solid ceramic endmills, is intended for machining HTSA. These endmills are made from SiAlON a type of silicon-nitride-based ceramic comprising silicon, aluminium, oxygen and nitrogen. When compared with solid carbide tools, the endmills enable an increase in cutting speed of up to 50 times, which can drastically save machining hours.

For turning applications, the company expanded its line of indexable SiAlON inserts for machining HTSA materials. The new products (Fig. 1) have already proved their effectiveness in turning aero engine parts from super alloys such as Waspaloy and different Inconel and Rene grades. In contrast to other silicon nitride ceramics, SiAlON possesses higher oxidation resistance but less toughness. Therefore, a key of a SiAlON insert reliability is additional edge preparation. Iscars new TE edge geometry has been developed to increase tool life in heavy load conditions during rough operations and interrupted cuts.

Advanced geometry

Improving a cutting geometry is an important direction in the development of cutting tools. Cutting geometry is a subject of theoretical and experimental researches, and advances in science and technology have brought a new powerful instrument to aid in tool design: 3D modelling of chip formation. Iscars R&D team actively uses modelling to find optimal cutting geometries and form the rake face of indexable inserts and exchangeable heads.

The F3S chipformer has been designed for finish turning high temperature nickel-based alloys and exotic materials [Fig2]

In hole making, applying modelling to the design process significantly contributed to creating a chip splitting geometry of SUMOCHAM exchangeable carbide heads for drilling holes with depth up to 12-hole diameters in hard-to-cut austenitic and duplex stainless steel.

Flexible customisation

Aerospace products can vary immensely in material, dimensions, shape, complexity, and more. To make such a diverse range of products, the product manufacturer needs dozens of machine tools and technological processes. Not every standard cutting tool is optimal for performing certain machining operations with maximum productivity and, consequently, the aerospace industry is a leading consumer of customised tools.

A customer producing titanium parts might be interested in solutions comprising indexable shell mills and arbors from the standard line; while another customer producing similar parts might prefer special milling cutters with an integral body, for direct mounting in a machine spindle.

Iscar developed the MULTI-MASTER and SUMOCHAM families of rotating tools with exchangeable heads and different body configurations to ensure various tool assembly options that simplify customisation and decrease the need for costly tailormade products.

Iscars modular drills for multi-spindle and Swiss-type machines combine the SUMOCHAM design with a FLEXFIT threaded connection [Fig3]

Responding to demands from the aerospace sector, the company also expanded the MULTI-MASTER family by introducing a new thread connection to increase the diameter range for the exchangeable endmill heads to 32mm.

Aluminium machining

Although machining aluminium might appear to be an extremely simple process, effective cutting of aluminium actually represents a whole field of technology with its own laws and challenges.

The need to increase productivity and boost metal removal rates for milling aluminium workpieces, especially large parts of aerospace structural components, has led machine tool builders to develop milling machines with a powerful main drive up to 150kW with high spindle speeds of up to 33,000rpm. To meet this demand, Iscar has expanded its family of 90 indexable milling cutters by introducing new tools carrying large-size inserts that enable up to 22mm depth of cut (Fig. 4). The tools have been designed to eliminate insert radial displacement, which might occur due to high centrifugal forces during very high rotational speed. This concept facilitates reliable milling in a rotational speed range of up to 31,000rpm.

Iscar has expanded its family of 90 indexable milling cutters by introducing new tools carrying large-size inserts [Fig4]

Iscars cutting tool program for the aerospace sector is based on several principles: the complex needs of this industry, taking into consideration trends in metalworking, and the drive to strengthen partnerships with tool consumers. Iscar believes that such a tri-pronged approach ensures the successful realisation of innovative ideas for efficient machining of the difficult-to-cut materials that characterise this challenging and dynamic field.

http://www.iscar.co.uk

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Innovation never stops - Aerospace Manufacturing

Leading innovation in UK aerospace – Aerospace Manufacturing

The ATI is helping the UKs leading aerospace technologists take the lead in next generation environmentally-friendly aircraft

Aerospace Technology Institute (ATI) chief executive, Gary Elliott, offers his thoughts on the institutes Accelerating Ambition strategy, the funding opportunities through its ATI Programme, the impact of Covid-19 and how it is helping support manufacturing.

It is a great pleasure for the Institute to appear in Aerospace Manufacturing again. The May edition covered not only the ATI Boeing Accelerator, but also two ATI projects, ICap and DRAMA, concerned with composite materials and additive manufacturing. This reflects the fact that six years after the ATI was founded, we have built up with our partners in industry, academia and government a project portfolio worth over 2.5 billion to drive step changes in civil aerospace, embracing the industry at large, and establishing the building blocks for future success.

Gary Elliott, chief executive of the Aerospace Technology Institute

Beginning with R&D projects however risks putting the cart before the horse. The ATI was created primarily to develop a technology strategy for the sector, to bring clarity, focus and consensus to how government and industry should invest together for maximum national economic benefit. And the extent of that benefit is clear, with recent analysis showing that spillovers from aerospace R&T make a return to the rest of the economy four times higher than the return to aerospace itself. One hundred and fifty million pounds of public investment each year from 2013 to 2026 will create an economic return of 114bn by 2035.

Turning to the strategy, aerospace can seem like a sector which changes slowly, but I am struck by how different the agenda is now since we started. In 2014 it was about improving competitiveness and driving environmental advances in line with the then targets set by the Advisory Council for Aeronautics Research in Europe (ACARE). Potential new products on the horizon were single-aisle and middle-of-the-market aircraft. Now, competitiveness remains vital, but sustainability has leapt right up the agenda with the much more challenging net zero target for greenhouse gas emissions by 2050. Consideration of new products now is driven by the environmental imperative, but also new mobility opportunities such as urban air taxis enabled by developments in autonomy and electrification. These three pillars competitiveness, sustainability, and mobility underpin the Institutes most recent technology strategy Accelerating Ambition published in November last year.

Covid-19 has of course been a game-changer. Its impact has been massive and is likely to last some time. But we have worked hard to stay open for business, maintain our activities, and maximise the ATIs value to the sector. And it has been encouraging to see the high level of interest in our most recent funding opportunities submissions to Aprils expression of interest for the ATI programme were up by around 250%, for example. This tells us that companies still see R&D particularly on sustainable aviation and green technologies as core to their strategies. But it would be nave to think that nothing has changed. Companies will have to manage the economic slowdown. Some projects will be postponed or cancelled in the process. Some skilled technical staff may be furloughed or worse. The Institute is therefore urgently looking at ways to bring forward critical research for the recovery, deploy the UKs leading aerospace technologists, and give the UK a lead in next generation environmentally-friendly aircraft.

Scale of future challenges

Well before Covid-19, the scale of the future challenge in aerospace was forcing us to think anew about how innovation happens in the sector. It is clear that if we are to achieve the new environmental targets, the pace of change needs to pick up. As well as large scale projects in areas such as electric flight, sustainable fuels, and new aircraft architectures led mainly by the industry leaders, many other disruptive innovations will be needed, often coming from smaller companies or operators outside the traditional aerospace family; innovations that will need to be adopted, certified, and exploited by the industry at scale and at pace without compromising the industrys excellent safety record. And it must result in affordable products.

Competitiveness, sustainability, and mobility underpin the Institutes recent technology strategy Accelerating Ambition published last November

This thinking led us to create the ATI Boeing accelerator last year along with Boeing and GKN. As well as the opportunity to attract equity funding from Boeing, the accelerator provided mentoring across a wide range of disciplines, as well as direct access to leading engineers in the main aerospace companies. The first cohort of nine start-up companies has just completed its programme, and we look forward to tracking their future success. As a proof of concept, it has worked very well, and we hope to embark on a second cohort in due course.

Ushering in the new world of air mobility services requires another paradigm shift, particularly in the management of the skies, and the greater role of the aircraft itself in air traffic management. This led us to propose to Innovate UK some two years ago a holistic programme to model the future system. Now known as Future Flight, we are working closely with that initiative to bring forward the vehicle technologies critical to realising the vision another great opportunity for companies outside the mainstream to develop their ideas.

All stand together

Before ending, I should touch on Europe and the international scene. The UK is a great aerospace nation and the Institute is determined to develop its capabilities to the full. At the same time, aerospace is a global industry and all major aircraft programmes represent the culmination of efforts in many countries. Many companies with overseas headquarters are already in the UK, and we will give a warm welcome to others who want to set up here and pursue their activities. We are also pushing hard with the Aerospace Growth Partnership to ensure that the UK retains good access to the EUs R&D programmes in the future. And we are creating opportunities for bilateral R&D projects with other countries we have run two joint calls with Sweden and are working up a call with Canada.

In conclusion, whilst present conditions are difficult, the Institute remains open for business. It is here for UK aerospace and I hope that any organisation within the sector will know that they can speak to us for help and advice on their current or future research plans plans that we may be able to showcase in future editions of Aerospace Manufacturing.

http://www.ati.org.uk

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Leading innovation in UK aerospace - Aerospace Manufacturing

Firan Technology Group Corporation (FTG) Announces Transport Canada Has Approved FTG Aerospace Toronto as an Approved Maintenance Organization (AMO) -…

TORONTO, July 22, 2020 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX:FTG), a leading provider of electronic products and avionic sub-systems for the aerospace and defense markets, has received approval from Transport Canada to be an Approved Maintenance Organization (AMO). Under this approval, FTG Aerospace Toronto is approved for the maintenance of aeronautical products, specifically for instruments or display devices. With this approval, FTG can now maintain or repair its display products and provide airworthiness tags for repaired products.

This is an important accomplishment for FTG as it enables us to now fully support our customers through the complete lifecycle of our products, stated Brad Bourne, President and CEO, FTG Corporation. We have a strategy to increase our activity in the large aftermarket segment of the Aerospace industry and this certification is a key milestone in accomplishing our objective, he added.

ABOUT FIRAN TECHNOLOGY GROUP CORPORATION

FTG is an aerospace and defense electronics product and subsystem supplier to customers around the globe. FTG has two operating units:

FTG Circuits is a manufacturer of high technology, high reliability printed circuit boards. Our customers are leaders in the aviation, defense, and high technology industries. FTG Circuits has operations in Toronto, Ontario, Chatsworth, California, Fredericksburg, Virginia and a joint venture in Tianjin, China.

FTG Aerospace manufactures and repairs illuminated cockpit panels, keyboards and sub-assemblies for original equipment manufacturers of aerospace and defense equipment. FTG Aerospace has operations in Toronto, Ontario, Chatsworth, California, Fort Worth, Texas and Tianjin, China.

The Corporation's shares are traded on the Toronto Stock Exchange under the symbol FTG.

FORWARD-LOOKING STATEMENTS

This news release contains certain forward-looking statements. These forward-looking statements are related to, but not limited to, FTGs operations, anticipated financial performance, business prospects and strategies. Forward-looking information typically contains words such as anticipate, believe, expect, plan or similar words suggesting future outcomes. Such statements are based on the current expectations of management of the Corporation and inherently involve numerous risks and uncertainties, known and unknown, including economic factors and the Corporations industry, generally. The preceding list is not exhaustive of all possible factors. Such forward-looking statements are not guarantees of future performance and actual events and results could differ materially from those expressed or implied by forward-looking statements made by the Corporation. The reader is cautioned to consider these and other factors carefully when making decisions with respect to the Corporation and not place undue reliance on forward-looking statements. Other than as may be required by law, FTG disclaims any intention or obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

For further information please contact:

Bradley C. Bourne, President and CEO Firan Technology Group CorporationTel: (416) 299-4000 x314bradbourne@ftgcorp.com

Jamie Crichton, Vice President and CFO Firan Technology Group CorporationTel: (416) 299-4000 x264jamiecrichton@ftgcorp.com

Additional information can be found at the Corporations website http://www.ftgcorp.com

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Firan Technology Group Corporation (FTG) Announces Transport Canada Has Approved FTG Aerospace Toronto as an Approved Maintenance Organization (AMO) -...

Aerospace Academy set to begin its new school year on Aug. 17 – Antelope Valley Press

PALMDALE The Palmdale Aerospace Academy will begin the new school year on Aug. 17, six days later than originally planned, and using a distance learning model.

The charter schools Board of Directors held a special Board meeting on Tuesday to approve the schedule change and the distance learning model.

Gov. Gavin Newsom on July 17 ordered all schools in counties on the states monitoring list to remain closed for the start of the new school because of spiking COVID-19 cases.

TPAA Executive Director/Superintendent Matthew Winheim said once Newsoms order went out, as well as directives from the Los Angeles County Department of Public Health, it was clear what they needed to do.

We had a hunch from the beginning that we might need to do this, Winheim said. But the information coming from so many different sources was just unclear; how are they going to finally tell us were permitted to open.

After the governor issued his order, Winheim said it was clear the distance learning model was the way to go. In addition, the delayed start gives TPAA time for the online workshops that the parents will need to help their children.

We felt that it was incredibly important for us to be able to offer a series of webinars for our parents to know how they can support their students, Winheim said.

It also allows for more time to ensure technology has been properly cleaned and updated for students.

The extra time will also provide an opportunity for more robust training for the teaching staff in how to engage students in a distance learning model.

The Board agreed to open up in distance learning model for at least for the first eight weeks. Should the governors orders change, and the public health department allow, a hybrid model does exist.

We believe that its best for the kids to be here with their teachers and learning as much as possible, Winheim said. None of this is desirable. We would love to have our kids in their seats in a regular learning environment but it just isnt possible right this second.

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Aerospace Academy set to begin its new school year on Aug. 17 - Antelope Valley Press