Metal additive manufacturing service provider BEAMIT has announced the appointment of Dan Johns as Chief Technology Officer and Head of Business Development.

Formerly of Oerlikon AM GmbH, Johns has spent the last 20 years in leadership positions at companies such as Airbus and GKN Aerospace and joins BEAMITs senior leadership team to further strengthen the companys growth strategy in key markets such as aerospace, space and defence.

The announcement, which comes jointly from BEAMIT and Sandvik Additive Manufacturing, following the acquisition of a significant stake in the company last year, detailshow Johns new role would also include driving strategic customer partnerships and new initiatives in the US and EU regions.

JohnsJohns said in a statement: I am very excited to join BEAMIT and bring my experience to this progressive and dynamic company. It has the DNA of a wise and established industrial company, whilst maintaining its agility through youth and a very strong vision. We already have key partnerships in place with key industry actors like Sandvik Additive Manufacturing and PRES-X, enabling the most complete offering through the entire AM-value chain in order to deliver the highest quality AM service.

Michele Antolotti, CEO of BEAMIT, added:We are excited to have Dan join the BEAMIT family. With his extensive experience from leadership positions and from the additive manufacturing industry, he will be able to accelerate our growth journey and further strengthen our position in key industries on key markets. He is already well-known in the AM industry and will play a key role in further developing our offering and presence, as well as in future strategic customer collaborations

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BEAMIT appoints Dan Johns to drive growth in aerospace, space and defence - TCT Magazine

The global aerospace industry has taken a hit from the coronavirus outbreak as only 18 aircraft, all of which were widebody, were ordered in February.

296 orders were taken in January, leaving the year-to-date overall orders remaining positive.

The aircraft order backlog remains above 14,000 aircraft, demonstrating at least eight years of work-in-hand and worth up to 210 billion to the UK, providing some long-term confidence for the industry despite continuing political uncertainty and new challenges in 2020 with the Covid-19 pandemic.

Aircraft deliveries are being impacted by a variety of factors, with record low deliveries for February 2020 of 72 aircraft. From next month, direct impacts of coronavirus on aircraft orders and deliveries will start to be seen, and year-on-year comparisons will show the impact of the global pandemic.

As coronavirus takes its toll on the global ecomomy, some of the UKs world-leading aerospace manufacturers are using their skills in producing complex and precision-engineered equipment to contribute to production of ventilators for the NHS.

ADS chief executive, Paul Everitt said: We are doing all we can to ensure our aerospace supply chains have the protection and support that they need to get them through the Covid-19 global pandemic so that they can continue to manufacture world-class products and equipment.

Many companies will face significant challenges and it is essential that support announced by the government should be made available to affected businesses quickly, protecting jobs and the prosperity of communities across the country. In the months ahead, we will also need to explore how best to support companies on the journey back to stability and growth.

ADS Groupwww.adsgroup.org.uk

Michael Tyrrell

Digital Coordinator

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Global aerospace industry hit by coronavirus - PES Media

STAMFORD, Conn., April 1, 2020 /PRNewswire/ --PASSUR Aerospace, Inc. (OTC: PSSR), a global leader in digital operational excellence, has responded to a request from the International Air Transport Association (IATA) by developing a global portal to assist the airline industry in managing the severe disruption caused by COVID-19. The ITOP Global Contingency Portal (GCP) will provide realtime sharing of critical aviation operational information around the world. In order to accelerate adoption and provide much needed assistance to the air transportation community, this service is being offered at no charge.

ITOP GCP is modeled on the existing IATA Tactical Operations Portal (ITOP) solution, developed and maintained by PASSUR. ITOP GCP is a collaborative information and advisory service used to notify aviation stakeholders globally about critical updates, news, directives, and developments related to COVID-19. Registered users receive alerts ranked by severity and priority on any device, as well as having access to the GCP web site providing a variety of additional resources and information including, but not limited to: COVID-19 airport closures, airspace restrictions, international and domestic passenger admittance and screening rules, national travel restrictions, and more.

In light of the industry's crisis response to COVID-19, IATA and PASSUR are providing access to ITOP GCP at no charge to all qualified industry stakeholders. There are currently more than 1,700 registered users, representing 202 airlines, 59 airport operators, and 18 Air Navigation Service Providers (air traffic control organizations) using this system as of today.

IATA in agreement with PASSUR has opened the registration to the ITOP GCP service to non-IATA members. Access is available to aviation professionals and is governed through an established, secure qualification process. Further information on how to access ITOP GCP is being distributed through established industry trade group channels.

"We are honored to be in a position to support our industry at this very challenging time," said Brian Cook, CEO of PASSUR Aerospace. "ITOP reminds us all of the power of collaboration, information sharing, and common operational awareness across regions, time zones, cultures and organizations the industry's most critical problems can only be addressed when we work together."

"We are pleased to be partnering with PASSUR to support the airline industry with a platform to enable sharing of critical real-time operational information, and thank PASSUR for agreeing to waive any associated charges during this grave crisis," said Gilberto Lopez Meyer, IATA's Senior Vice President, Safety and Flight Operations.

About PASSUR Aerospace, Inc.PASSUR Aerospace (OTC: PSSR) provides a complete set of integrated, collaborative tools to allow airlines, airports, and air navigation service providers to better predict, prioritize, prevent, and recover from inevitable unexpected disruptions. These disruptions have long been seen as the cost of doing business in the industry, which PASSUR has proven can be reduced, in part, through the integrated use of our software.

We provide digital solutions to the global travel industry and help customers improve punctuality, optimize turn times and gate utilization, ensure schedule integrity (e.g., passenger connections), improve on-time performance, reduce block, and reduce fuel burn/emissions.

PASSUR provides its solutions to the largest airlines and airports in the US. Additionally, PASSUR provides its proven, established capabilities to the global airline and airport industry, with solutions now implemented in Canada, Europe, and Latin America. The global market presents an additional opportunity to network more customers in a broader market.

All PASSUR solutions are being consolidated onto PASSUR's Ariva platform, which provides a single, common operating platform for customers to optimize their operations. Supporting these capabilities is PASSUR's flight, constraint, and capacity prediction technology, which is based on years of data and machine learning. PASSUR brings the most relevant experience to the global aviation industry and combines deep domain expertise with Ariva's digital automation solutions.

Ariva is uniquely positioned to offer solutions to the major issues facing the global industry, including helping to alleviate congestion and lack of airspace/runway capacity. Our mission is to provide digital solutions to help meet the demand for increased global air travel through the busiest airports and airspaces, allowing for sustainable and efficient travel.

Visit PASSUR Aerospace's website at http://www.passur.com for updated products, solutions, and news.

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Louis J. Petrucelly

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SVP & Chief Financial Officer

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To Assist the Airline Industry in Managing COVID-19, IATA and PASSUR Aerospace Have Launched the ITOP Global Contingency Portal - PRNewswire

Hyundai added former FAA deputy administrator Michael Whitaker to its formidable urban air mobility team. Pictured here is a computer generated prototype for the electric air taxi design currently being researched and developed by Hyundai. Photo: Uber/Hyundai

South Korean automaker Hyundai continues to snap up talent for its urban air mobility (UAM) division, hiring Michael Whitaker, former deputy administrator of the Federal Aviation Administration, as its global head of policy.

Hyundai announced its entrance to the UAM space in October 2019, pledging to invest $1.5 billion towards development in the next few years and hiring longtime NASA aeronautics director Dr. Jaiwon Shin to lead the companys new division.

Other key hires by Hyundai UAM include:

In January, Hyundai unveiled its S-A1 vehicle concept and partnership with Ubers Elevate ecosystem at the annual Consumer Electronics Show, though its strategy expands beyond providing vehicles to external operators. At CES 2020, Dr. Jaiwon Shin shared a vision for linked aerial and ground mobility that included hubs and ground vehicles.

Hyundai brings decades of highly safe and reliable manufacturing at scale, which positions us well to add value as a leading UAM vehicle developer and manufacturer. However, our strategy expands far beyond the vehicle itself. Hyundai's vision is to build human-centered cities through innovative mobility solutions, Pamela Cohn told Avionics International, adding that the company is working with policymakers and regulators across the U.S., EU and Asia-Pacific.

Hyundai is one of several automakers with declared UAM projects, likely understanding that peak sales of internal combustion engine cars are behind them and pursuing aerial mobility alongside other bets like autonomous driving and electric cars. Porsche, Audi and Daimler are among other auto-turned-aero players, and Toyota recently invested $394 million in another Uber partner, Joby Aviation, which intends to begin production of its electric VTOL aircraft in Marina, California.

The aerospace industry should be very concerned about their disintermediation, or their obsolescence, by the auto industry, Kirsten Bartok Touw, managing partner at AirFinance, told Avionics. There has always been a question of whether advanced air mobility fits better with the auto industry or with aerospace. Aerospace folks argue that automakers dont know how to meet aerospace levels of certification, but on the other hand, aerospace has no idea how to produce things in volume units. In a best-case scenario, we could be looking at production of up to 25,000 vehicles annually in this space. Aero manufacturers, at best, still dont make a thousand per year.

So, I think what youre seeing is an attempt by the auto industry to own this space, and thats why you see so much investment by Toyota, by Daimler and other folks, added Bartok. And I believe the aerospace industry should be very, very scared.

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Should Aerospace Be Scared by Hyundai's Move into Urban Air Mobility? - Aviation Today

The aerospace sector is one of the UKs flagship manufacturing industries and the Midlands region is home to one of the worlds biggest aerospace business clusters. The industry has grown rapidly over the last fifteen years with output doubling and employment increasing by more than half. This growth has been fuelled by high-technology and precision engineering companies ramping up production to meet global demand for new, fuel-efficient aircraft.

However, in recent months, a number of uncertainties have been clouding the horizon, ranging from Brexit to the suspension of production of the best-selling Boeing 737 MAX aircraft.

By early 2020 these uncertainties were already placing strains on aerospace supply chain companies that have been making significant investments in order to grow their production capacities and R&D capabilities. The Coronavirus outbreak is therefore hitting an economically-healthy but financially-pressured aerospace cluster.

To gain deeper insight into the effects on businesses such as aerospace suppliers in the UKs industrial heartlands, the Midlands Aerospace Alliance (MAA) has carried out a second survey with its panel of aerospace suppliers in the Midlands region, companies with customers like aircraft makers Airbus and Boeing, and aero-engine makers like Safran and Rolls-Royce. The survey was carried out on 26th and 27th March. (Several of the MAAs panel were already gearing up to make hospital ventilator parts, which will be cover in a future survey.)

The six key survey findings are that:

Some customers are still urging their suppliers to continue to produce parts while others are reporting temporary closures. Their requirements of aerospace supply chain companies are mixed but several continue to press for full supplier commitments to be delivered. Two-way communication has improved but a significant number of companies feel there has been too little of it from customers.

Customers are monitoring their supply chains much more closely and requesting information to help gauge the accuracy of delivery forecasts. Focus areas are levels of output currently, the ability to deliver and the extensiveness of safety precautions within supplier factories.

The Coronavirus is also having a mixed impact on lower-tier supply chains. Some companies on our panel are not yet feeling the effects while the majority have been informed of potential disruptions in their own supply chains, for example in Italy, or plans for temporary shutdowns.

Aerospace suppliers are experiencing an array of other challenges, for example around reduced staff levels, morale, cashflow and uncertainties around Government announcements which can be interpreted in different ways and are sources of confusion.

Companies are responding to the pandemic by adopting new working methods extensively, to enhance health and safety, while managing relationships with employees as flexibly as possible.

The aerospace industry needs the Government to be clear and accurate when communicating, and to be making sure words are followed by corresponding actions. The industry also needs financial support beyond staff furloughs if it is to recover to robust health when the time comes, as businesses have many other costs they need to cover to survive.

http://www.midlandsaerospace.org.uk

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Second MAA survey sees suppliers responding proactively to the Coronavirus - Aerospace Manufacturing

The coronavirus relief law signed by President Donald Trump on 27 March sets aside billions of dollars in available loans to distressed and national-security-critical companies categories into which aerospace manufacturers like Boeing and its suppliers may fall.

The industry has as of yet issued little public reaction to the law. Companies and aerospace analysts say they have been reviewing the 880 pages of text.

The Aerospace Industries Association (AIA) calls the law a blueprint to aid the American people, our employees and the industries that sustain our national and economic security.

For aerospace and defense, this legislation offers tools and incentives that can help provide some support and stability during this crisis. It is a critical investment in our small businesses and supply chain, which are the lifeblood of our industry, AIA says.

The group did not respond to a request for more comment.

The law includes two buckets of loans that might apply to some aerospace companies, says sources reviewing the document.

One is a $17 billion bucket designated for businesses critical to maintaining national security.

The other is a $454 billion pool of available loans and loan guarantees earmarked for eligible businesses, states or municipalities.

Both pools are part of $500 billion to be made available to severely distressed sectors of the United States economy for purposes related to losses incurred as a result of the coronavirus, the law says.

Congressional offices did not respond to requests for comment.

Boeing declines to comment about the law, deferring to a statement issued on 26 March when the bill was still working through Congress.

That statement thanks the Trump administration and Congress for taking action to support Boeing, its some 17,000 suppliers and the broader American economy.

The bills access to public and private liquidity, including loans and loan guarantees, is critical for airlines, airports, suppliers and manufacturers to bridge to recovery, Boeing said.

The law says loans and loan guarantees will be made by the secretary of the US Treasury to companies that do not otherwise have access to credit and at interest rates reflecting risk and current US obligation yields.

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US aerospace industry reviewing aid options in 880-page coronavirus relief bill - Flightglobal

Aircraft engine manufacturer Rolls-Royce and European airframer Airbus are part of a consortium that ... [+] will start producing up to 10,000 medical ventilators for coronavirus patients in the UK. Photographer: Balint Porneczi/Bloomberg

Aircraft production might be slowing down due to the Covid-19 pandemic, the aerospace industry however is not resting on its laurels and is using its supply chains and technological know-how to help increase the production of much-needed medical supplies. European plane maker Airbus, Arrow Electronics, BAE Systems, GKN Aerospace, Meggitt, Rolls-Royce, Siemens, Smiths Group, and Thales are all part of a consortium that on Monday was awarded a contract by the UK government to produce10,000 medical ventilators for coronavirus patients.

The grouping, named VentilatorChallengeUK, was formed recently in response to Prime Minister Boris Johnsons calls for the countrys businesses to step in and help meet rising demand for life-saving equipment. In contrast to the U.S., where President Donald Trump on Friday officially invoked the Defense Production Act to force General Motors to manufacture thousands of ventilators, most of the projects involving the aerospace sector in Europe are born from the industrys own initiatives. The participants in VentilatorChallengeUKwhich besides aerospace firms includes also industrial, technology and engineering businesses from the automotive (such as Ford and Formula One teams Mercedes, McLaren and Williams) and medical sectors"have taken many of their people from key company projects to do this and serve the national need, noted the consortium.

Rolls-Royce has a crucial role to play in the fight against Covid-19, said Craig Askew, the UK engine makers Executive Vice President of Control Systems. We are proud to be playing our part in a consortium dedicated to scaling up production of much-needed ventilators and will be focused on working at full-speed to provide devices which can help save lives.

Over the past week, the consortium has investigated production of a range of ventilator design options to meet a high-level specification for a Rapidly Manufactured Ventilator System (RMVS) developed by the UKshealthcare products regulatory agency. The medical regulator has been involved throughout and is expected to quickly sign off on an agreed new design after the final audit, according to VentilatorChallengeUK.

The consortium is now working to start production of this design, which is based on existing technologies and can be assembled from materials and parts in current production. In parallel, the group will provide another producer of medical ventilators with additional manufacturing support and assembly facilities in order to scale up production of a second existing ventilator design which has full regulatory approval.

GKN, whose technologies are used in business jets, single-aisle and widebody aircraft and fifth-generation fighter aircraft, will establish a new assembly plant and Rolls-Royce will set up a supply chain to feed in materials as quickly as possible. The engine makers team dedicated to the ventilator project includes controls, valve and pump specialists who normally work in its Controls business in Solihull, near Birmingham, and commercial, procurement and programme management specialists usually based in its Derby campus. Rolls-Royce said is expects the team to grow significantly in the coming days and are also using resources in the U.S., so that we can work around the clock.

In Germany, the Deutsches Zentrum fr Luft- und Raumfahrt (DLR) said Monday it has successfully tested the conversion of its 3D printers so the models can now manufacture medical protective equipment during the Coronavirus crisis. The retrofit was prompted by a request from the European Commission for assistance in the production of urgently needed medical equipment, specifically the production of protective masks and valves for respirators using 3D printing.

DLR said is currently assessing its 3D printer capabilities, noting that the performance varies depending on the type of printer. Its most powerful printers can produce up to 10 protective masks or 15 valves for ventilators per day but by networking institutes and facilities, it will be possible to produce larger quantities. The certification and approval of the products produced by DLR for medical use is in progress, the research body said.

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European Aerospace Industry Makes Medical Equipment In Fight Against Coronavirus - Forbes

Dublin, March 31, 2020 (GLOBE NEWSWIRE) -- The "Aerospace Material - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.

The Global Aerospace Material market accounted for $18.89 billion in 2018 and is expected to reach $38.08 billion by 2027 growing at a CAGR of 8.1% during the forecast period.

Some of the key factors influencing market growth include an increase in demand for lightweight and fuel-efficient aircraft, the rise in spending power and air passenger traffic and the introduction of new domestic and international routes. However, a limited range of material options owing to complex requirements is restricting market growth.

Amongst type, composite materials are the most extensively used type segment of the aerospace materials after aluminium. The wide use of composites in aerospace materials offers several advantages over traditional materials, such as low weight, increased manufacturing productivity (processing speeds), lower VOC emissions, and better corrosion resistance, among others. Increasing applications in new generation aircraft and rising environmental concerns offer significant growth opportunities for composites in the aircraft manufacturing industry.

By Geography, Asia-Pacific is estimated to grow at a significant rate during the forecast period. Countries in this region, such as China, Japan, and India are witnessing a significant increase in the use of aerospace materials. This increase can be attributed to the growing aerospace industry, which is driving the demand for aerospace materials in the region. Japan and India are attracting investors to set up production facilities because of the ease of availability of raw materials and labour at a lower price. The increasing air traffic and a number of low-cost carriers in the region are expected to lead to an increase in the demand for new aircraft in the region.

Some of the key players in the global aerospace material market are 3M, Solvay Sa, BASF SE, SABIC, PPG Industries Inc., Toray Industries, Inc., AkzoNobel N.V., Teijin Limited, Alcoa Corporation, DuPont, Rochling, Arkema Group, Mitsubishi Chemical Holdings Corporation, Henkel AG & Co. KGaA, Huntsman International LLC, Hexcel Corporation, Koninklijke Ten Cate NV, Sumitomo Bakelite Co. Ltd., and Tata Advanced Materials Limited.

What the report offers:

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis3.1 Introduction3.2 Drivers3.3 Restraints3.4 Opportunities3.5 Threats3.6 Application Analysis3.7 End User Analysis3.8 Emerging Markets3.9 Futuristic Market Scenario

4 Porters Five Force Analysis4.1 Bargaining power of suppliers4.2 Bargaining power of buyers4.3 Threat of substitutes4.4 Threat of new entrants4.5 Competitive rivalry

5 Global Aerospace Material Market, By Aircraft Type5.1 Introduction5.2 Small Wide Body5.3 Single Aisle5.4 Medium Wide Body5.5 Regional Jets5.6 Large Wide Body

6 Global Aerospace Material Market, By Type6.1 Introduction6.2 Structural6.2.1 Composite Materials6.2.1.1 Resin6.2.1.1.1 Phenolic6.2.1.1.2 Thermoplastics6.2.1.1.3 Epoxy6.2.1.1.4 Polyimides6.2.1.1.5 Polyester6.2.1.2 Fiber6.2.1.2.1 Ceramic Matrix Composites (CMC)6.2.1.2.2 Metal Matrix Composites (MMC)6.2.1.2.3 Carbon Fibre Reinforced Plastics6.2.1.2.4 Aramid Fiber-Based6.2.1.2.5 Glass Fibre Reinforced Plastics6.2.2 Plastics6.2.2.1 Polymethyl Methacrylate (PMMA)6.2.2.2 Polyphenylene Sulfide (PPS)6.2.2.3 Acrylonitrile Butadiene Styrene (ABS)6.2.2.4 Polyether Ether Ketone (PEEK)6.2.2.5 Polycarbonates (PC)6.2.3 Metals6.2.3.1 Steel Alloys6.2.3.2 Titanium Alloys6.2.3.3 Aluminum Alloys6.2.3.4 Super Alloys6.3 Non-structural6.3.1 Foams6.3.1.1 Specialty Foams6.3.1.2 Polyurethane6.3.1.3 Polyethylene6.3.2 Coatings6.3.3 Adhesives6.3.3.1 Polyurethane6.3.3.2 Silicone

7 Global Aerospace Material Market, By Application7.1 Introduction7.2 Exterior7.2.1 Air Frame7.2.2 Windows & Windshield7.2.3 Propulsion System7.2.4 Tail & Fin7.3 Interior7.3.1 Interior Panels7.3.2 Passenger Seating7.3.3 Galley

8 Global Aerospace Material Market, By End User8.1 Introduction8.2 Business, General and Personal Aviation8.3 Military & Defence Aircraft8.4 Space Vehicles8.5 Rotorcraft8.6 Commercial Aircraft8.7 Helicopters8.7.1 Civil Helicopter8.7.2 Military Helicopter

9 Global Aerospace Material Market, By Geography9.1 Introduction9.2 North America9.2.1 US9.2.2 Canada9.2.3 Mexico9.3 Europe9.3.1 Germany9.3.2 UK9.3.3 Italy9.3.4 France9.3.5 Spain9.3.6 Rest of Europe9.4 Asia Pacific9.4.1 Japan9.4.2 China9.4.3 India9.4.4 Australia9.4.5 New Zealand9.4.6 South Korea9.4.7 Rest of Asia Pacific9.5 South America9.5.1 Argentina9.5.2 Brazil9.5.3 Chile9.5.4 Rest of South America9.6 Middle East & Africa9.6.1 Saudi Arabia9.6.2 UAE9.6.3 Qatar9.6.4 South Africa9.6.5 Rest of Middle East & Africa

10 Key Developments10.1 Agreements, Partnerships, Collaborations and Joint Ventures10.2 Acquisitions & Mergers10.3 New Product Launch10.4 Expansions10.5 Other Key Strategies

11 Company Profiling11.1 3M11.2 Solvay S.A.11.3 BASF SE11.4 SABIC11.5 PPG Industries Inc.11.6 Toray Industries, Inc.11.7 AkzoNobel N.V.11.8 Teijin Limited11.9 Alcoa Corporation11.10 DuPont11.11 Rochling11.12 Arkema Group11.13 Mitsubishi Chemical Holdings Corporation11.14 Henkel AG & Co. KGaA11.15 Huntsman International LLC11.16 Hexcel Corporation11.17 Koninklijke Ten Cate N.V.11.18 Sumitomo Bakelite Co. Ltd.11.19 Tata Advanced Materials Limited

For more information about this report visit https://www.researchandmarkets.com/r/id6zdl

Story continues

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT: ResearchAndMarkets.comLaura Wood, Senior Press Managerpress@researchandmarkets.comFor E.S.T Office Hours Call 1-917-300-0470For U.S./CAN Toll Free Call 1-800-526-8630For GMT Office Hours Call +353-1-416-8900

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The World Market for Aerospace Materials, 2020 - Japan & India Attracting Investors to Set Up Production Facilities due to the Ease of...

You could say the city of Mesa, Arizona enjoyed a great July 2019. It went something like this:

Most cities would consider this a six-month, or even a year-long, period. Economic Development Director William Jabjiniak sees it as the latest in years of big business and technology gains, with plenty of work ahead for a city that has long been a vital base of operations for Boeing, Northrop-Grumman, Textron Aviation and other aerospace industry titans.

William Jabjiniak

Mesa has always been strong in aerospace, he said. Now as we build on that strength, how do we merge technology with aerospace, bring in new forms of technology, and take advantage of innovations in healthcare, and so forth? We feel weve got a strong story to tell, but anytime you can bring these Fortune 50 companies to light within your community, it tells a bigger and better story.

Spurred by constant new business and tech development, and the corresponding growth of office, industrial, and tech parks plus well-planned home developments Mesa grew by 10,000 people in 2018 to its current population of 511,000. Jabjiniak projected it will grow by an average of 8,000 people annually through the mid-2020s.

The citys advantages are great. The sun shines 320 days per year, guaranteeing great outdoor testing conditions. Two major airports service the city, with more and more office, manufacturing, and tech space blossoming around them. At 140 square miles, a huge space, Mesa still has plenty of room to grow.

Mesa is racing ahead into the 2020s with an eye on the young and future workforce. The number one issue when you grow like this wheres the workforce coming from? Jabjiniak said. The city has partnered with Arizona State to respond to this. Were working with ASU on adding a downtown campus in Mesa that links directly to ASUs main campus in Tempe. Theyre going to build a $63 million facility to deliver tech programs augmented reality, artificial intelligence with 3D design, virtual reality, medical, and aerospace.

Were really focusing on young people by cultivating and advancing new technologies, and entrepreneurship through LaunchPoint, our business incubator/accelerator. One company, Urbix Resources, came in with local roots, took space here, and has raised more than $3 million in funding.

One project tying together all priorities is an old Air Force research lab, now Arizona Laboratories for Security & Defense Research. AZ Labs is not a typical research lab, nor open to the public. The cybersecurity training and capability development lab is highly classified, using the same type of SCIF rooms used to view classified documents in the Pentagon. They also work with sensitive contracts, research and engineering projects, prototype evaluations, experiments, and much more.

We now can partner with educational institutions, large and active with their own cyber areas, Jabjiniak said. We can provide a trained workforce. We offer hands-on training to be used by companies and the world there are so many unfilled positions in cybersecurity, and such a need. Were inviting educational institutions to partner with the city in this secure environment.

The citys presence is growing in multiple tech and business sectors, from driverless cars to wearables, next-gen aerospace to education, VR and AI to new technologies to advanced manufacturing. We continue to get involved in a new sector, commercialization of space, through AQST Space Systems and others, Jabjiniak said.

Two major components are Class A office space, and residential developments wrapped in green space. In 2019, the city announced Gallery Park, a 400,000 sq.ft. Class A office space development near the airport; and Union, a 1.35 million sq. ft. development in northwest Mesa.

New in town is Waymo, the driverless car manufacturer. After spending years on the other side of the valley, in neighboring Chandler, Waymos vehicles will be seen on test roads from their new Mesa complex.

People really see us as much more affordable and appealing, in many ways, than the Bay Area, Jabjiniak said. Weve planned and worked for this for all 12 years Ive been here, and continue to plan ahead.

Most certainly, with the month of July 2019 framed as an example of how it looks when everything comes together.

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Mesa, Arizona's Launch from Aerospace to All Things Tech - Innovation & Tech Today

Aerospace Coatings Markethas recently added by Qurate Research to its vast repository. This intelligence report includes investigations based on Current scenarios, Historical records, and future predictions. This includes factors such as market size, market share, market segmentation, significant growth drivers, market competition, different aspects impacting economic cycles in the market, demand, expected business up-downs, changing customer sentiments, key companies operating in the Aerospace Coatings Market, SWOT analysis has been used to understand the Strength, Weaknesses, Opportunities, and threats in front of the businesses. Thus, helping the companies to understand the threats and challenges in front of the businesses. Aerospace Coatings Market is showing steady growth and CAGR is expected to improve during the forecast period.

Prominent Players Profiled in the Report are

AkzoNobelHenkelMankiewiczIonbondZircotecPPG IndustriesHohman Plating & ManufacturingSherwin-WilliamsHentzen CoatingsGKN AerospaceArgosy InternationalExovaAerospace Coatings International

Market by TypeQuick-drying PaintsDrying PaintsSpecial Paints

Market by ApplicationOriginal Equipment Manufacturer (OEM)Maintenance, Repair & Overhaul (MRO)

The Aerospace Coatings market report includes comprehensive information about the markets major competitors, including various organizations, companies, associations, suppliers and manufacturers competing for production, supply, sales, revenue generation, and after-sales performance expectations. The bargaining power of numerous vendors and buyers have also been included in the research report

Aerospace Coatings Market Region Coverage (Regional Production, Demand & Forecast by Countries etc.):

Key Question Answered in Report.

Overview of the chapters analysing the global Aerospace Coatings Market in detail:

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Aerospace Coatings Market Analysis and Industry Forecast 2020-2025 AkzoNobel, Henkel, Mankiewicz, Ionbond, Zircotec, PPG Industries - The Fuel Fox

ePlane, described as a B2B sourcing and business intelligence platform for the aerospace parts and repair market, has raised $9 million in funding. The round is led by Japanese trading and investing company Marubeni Corporation, along with a number of previous investors.

Founded in 2016 and launched fully in 2018, ePlane has built to let users trade aircraft parts, locate repair services, and improve supply chain bottlenecks and reduce costs. The idea is that by throwing tech at the problem, including an online marketplace covering buying, selling, repairing, loaning, and exchanging aircraft parts many inefficiencies within the aerospace parts and repair market can be eradicated.

For example, the platforms Autopilot feature claims to use an AI algorithm to match buyers and sellers based on needs, available inventory, past transactions, and required timeframe. It then automatically sends requests for quotes (RFQs) to appropriate sellers, therefore eliminating the need to send each request manually.

More broadly, ePlanes platform digitizes the procurement process, syncing enterprise resource planning (ERP) systems and custom inventories, to ensure that inventories are most up to date in real time.

The aviation maintenance, repair and overhaul (MRO) market is said to be large, too, totalling $80 billion globally. ePlane says the market is expected to grow to $116 billion by 2029, and therefore is prime for its B2B sourcing platform.

To that end, Im told the aviation industry is already embracing Cyprus-headquartered ePlane. The startup is now receiving over $50 million in monthly demand from over 4,000 major companies in the aerospace industry.

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ePlane, the B2B sourcing and BI platform for aerospace parts and repair, raises $9M - TechCrunch

Combining mechanical performance and cost efficiency, a new generation of prepregs for aircraft parts is under development through collaboration between Solvay and leading Germany-based carbon fibre producerSGL Carbon.

The necessity to curb emissions and reduce weight is a pressing requirement that is only set to put increasing pressure on theaerospaceindustry. But this is a slow and lengthy process, partly due to the cost of the composite materials needed to make primary structure airplane parts.

Its with this problem in mind that Solvays business unit Composite Materials entered aJoint Development Agreement (JDA)with SGL Carbon.

Solvay Product manager Frank Nickisch said: They had new carbon fibre developments to present, and we found their performances were very interesting, so we started discussing a collaboration.

The idea was to combine the lower cost of large-tow CF (produced with a much higher number of filaments in this case, 50K instead of the standard 12K or 24K therefore with a higher throughput) with a mechanical performance profile that can meet the needs of the aerospace industry.

Nickisch added: Its more difficult to obtain demanding mechanical performance with a larger tow carbon fibre, but thats what we aim to do by optimising the interaction between the carbon fibre and the resin system. Thats where the novelty of this product resides.

Developing new CF composite materials is the target of this high level collaboration.

Aerospace manufacturers are now initiating the screening process of these new composite materials in order to use them in one of their programmes.

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Solvay and SGL Carbon partner to create new aerospace composites - EPPM

What happened

Shares of Boeing (NYSE:BA) jumped 19% at the open, and traded up more than 13% in late morning, on growing optimism for a government stimulus package that would provide some relief to the troubled commercial aerospace sector. CEO David Calhoun appeared on CNBCthis morning to talk up the need to support the industry, and also said Boeing remains on track to get its troubled 737 MAX airborne again by mid-year.

The positive talk gave the entire commercial aerospace sector a lift, with shares of major Boeing supplier Spirit AeroSystems (NYSE:SPR) up 20% and shares of TransDigm Group (NYSE:TDG), United Technologies (NYSE:UTX), Heico (NYSE:HEI), and Textron (NYSE:TXT) all opening up double digits.

Shares of Raytheon (NYSE:RTN), a defense-focused company nearing an all-stock merger with United Technologies, traded up in tandem with UTX's gains.

Airlines have been battered by the COVID-19 coronavirus pandemic, with travel demand all but evaporating. The carriers have responded by cutting flights and grounding planes, raising serious questions about near-term demand for new Boeing jets as well as for spare parts normally used to keep those planes flying.

On Monday Boeing said it was shutting down its Puget Sound operations for two weeks, where much of its commercial manufacturing is located. Spirit AeroSystems, a one-time Boeing subsidiary that makes the fuselages for many Boeing jets, followed with its own two-week suspension on Tuesday morning.

Image source: Getty Images.

The situation has led Boeing to seek at least $60 billion in government aid for itself and its suppliers. Boeing said it would use any liquidity support to make payments to suppliers to maintain the health of its supply chain for the time when demand returns.

That aid was far from certain a week ago, but markets are rallying on Tuesday on improved dialog among lawmakers in Washington that has investors optimistic a bailout package including relief for hard-hit sectors will get done.

Aerospace stocks are also likely moving higher on Calhoun's optimism about the 737 Max. The plane was expected to be a best seller for Boeing and its suppliers, before it was grounded.

A stimulus package is a step in the right direction, but whether government help comes or not, commercial aerospace appears headed for an extended slowdown. Air traffic seems unlikely to rebound overnight once the pandemic is contained, and airlines are unlikely to rush planes back into service or commit to aggressively adding to their fleet any time soon.

But even if the businesses, and the stocks, aren't likely to rebound overnight, perhaps we are nearing a bottom. Heading into Tuesday's trading Boeing and Spirit Aero shares were both down more than 67%, and Heico, UTX, TransDigm, and Textron have all lost about half their value. Even if a recession is coming, that's likely overdone.

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Why Shares of Boeing and Commercial Aerospace Suppliers Are Soaring Today - Motley Fool

The company, headquartered in Cambridge, currently builds, services and maintains a wide range of military equipment for armed forces across the world, much of which is forming a significant part of their respective governments Coronavirus response planning.

Perhaps most notable is the iconic C-130 Hercules transport aircraft, which thanks to its versatility, is so often the go-to platform for humanitarian missions. Marshall Aerospace and Defence Group currently maintains C-130 fleets for many global air forces, including the Royal Air Force, and is already seeing growing demand for availability as nations gear up to tackle the Covid-19 pandemic.

Chief Executive Officer Alistair McPhee comments: We are always incredibly proud of the work that we do to protect people in critical situations and that has never been more relevant than right now.

Multiple customers have already been using their C-130 fleet to carry out medevac repatriation missions and deploying them to get supplies to remote areas.

We are also anticipating more demand for medical equipment and deployable infrastructure as armed forces are called upon to support the capacity needs of health services across the globe.

It is vitally important that we are able to stand ready to help in whatever capacity we can over the weeks and months ahead and I really want to take this opportunity to pay tribute to the team, in particular our frontline employees, who are doing an amazing job in very difficult circumstances to make sure we dont and wont let our customers down.

Image: An RAF C-130 Hercules loaded with cargo

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Marshall Aerospace and Defence Group protecting people in critical situations - Cambridge Network

Jakub Nagy has invented the picoballoon. What is it and what is it good for?

It is an awesome feeling that something you have constructed is successfully cruising around the planet, says the 15-year-old researcher who wants to popularise aerospace research in Slovakia.

TSS: What is a picoballoon and how does it work?

Jakub Nagy (JN): Picoballoon is an ultralight stratospheric probe. Its a tiny electronic device which integrates a microcomputer, sensors, a GPS unit and a transmitter. All of it weighs just around 15 grams. The probe transmits meteorological and scientific measurements during its flight. My flights lasted for more than a week and my probes ended their journey in Iran, the republic of Dagestan, Cyprus and Belarus. Its possible to carry out much longer flights and even ones around the whole planet. Im now developing much smaller probes, lighter than 5 grams, which would be capable of this. Im cooperating on this project with the Slovak Organisation for Space Activities, as well as other sponsors.

TSS: Why have you chosen to focus on a picoballoon of all things?

JN: At the beginning, it was just a simple challenge. Its extremely complicated to construct a device so small yet so durable and powerful. But later on, this project helped me popularise SOSA and science in general. Now Im trying to take things one step further and arrange cooperation with universities and other research institutions. Also, it is an awesome feeling that something you have constructed is successfully cruising across the planet. Im also thinking about selling a kit for electronics enthusiasts like me, to be able to construct and fly their own picoballoons.

TSS: You are way younger than most of your collaborators. How does that affect your relationship with them?

JN: Everyone is really nice to me and many professionals help me with problems, which Im very grateful for. Sometimes, I even feel positively discriminated due to my age. Because, lets be real, it sounds different when a middle-aged scientist with a PhD accomplishes something and when basically just a child accomplishes a similar thing.

29. Mar 2020 at 18:00 |Soa Otajoviov

Read more here:

15-year-old researcher: Slovakia is far behind other countries in aerospace research - The Slovak Spectator

Aerospace Service Robotics Market 2020 report share informative data figures as well as important insights regarding some of the market component which is considered to be future course architects for the market. This includes factors such as market size, market share, market segmentation, significant growth drivers, market competition, different aspects impacting economic cycles in the market, demand, expected business up-downs, changing customer sentiments, key companies operating in the Aerospace Service Robotics Market, etc. In order to deliver a complete understanding of the global market, the report also shares some of the useful details regarding regional as well as significant domestic markets. The report presents a 360-degree overview and SWOT analysis of the competitive landscape of the industries.

Top Key players of Aerospace Service Robotics Market Covered In The Report:

Dassault Aviation, Israel Aerospace, AeroVironment, European Aeronautic Defence and Space, Advanced Robotics, BlueBotics, MacDonald Dettwiler Space, Von Hoerner & Sulger, Universal Robots

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Handle aircraft orders backlog, Efficient aircraft production processes, others

By Type

Unmanned Aircraft Service Robotics, Spacecraft Service Robotics, Satellite Service Robotics

Aerospace Service Robotics Market Region Mainly Focusing:

Europe Aerospace Service Robotics Market (Austria, France, Finland, Switzerland, Italy, Germany, Netherlands, Poland, Russia, Spain, Sweden, Turkey, UK), Asia-Pacific and Australia Aerospace Service Robotics Market (China, South Korea, Thailand, India, Vietnam, Malaysia, Indonesia, and Japan), The Middle East and Africa Aerospace Service Robotics Market (Saudi Arabia, South Africa, Egypt, Morocco, and Nigeria), Latin America/South America Aerospace Service Robotics Market (Brazil and Argentina), North America Aerospace Service Robotics Market (Canada, Mexico, and The USA)

Factors such as industry value chain, key consumption trends, recent patterns of customer behaviors, overall spending capacity analysis, market expansion rate, etc. The report also incorporates premium quality data figures associated with financial figures of the industry including market size (in USD), expected market size growth (in percentage), sales data, revenue figures and more. This might enable readers to reach quicker decisions with data and insights at hand.

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In a word, the Aerospace Service Robotics Market report provides major statistics on the state of the Aerospace Service Robotics industry with a valuable source of guidance and direction for companies and individuals interested in the market. At the end, Aerospace Service Robotics Market Report delivers a conclusion which includes Research Findings, Market Size Evaluation, Global Market Share, Consumer Needs along with Customer Preference Change, Data Source. These factors will raise the growth of the business overall.

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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Aerospace Service Robotics Market 2020 | Business Outlook, Revenue, Trends and Forecasts 2025 | Dassault Aviation, Israel Aerospace, AeroVironment,...

When your business is a major player in the world-wide sector of aerospace engineering there is no escaping the impact of the coronavirus.

We asked French engineering giant Safran how it was managing in an industry where the prompt movement of parts from its Staverton base to mainland Europe is key to its operations.

While we chose to focus on how it was keeping production and maintenance moving, the firm's response shows where its priorities lay - with its staff.

We copied it below in full not just because we thought it was interesting and insightful, but because it shows the scale of the upheaval being experienced by firms of all shapes and sizes - no one is immune from the crisis.

"Safran is committed to help prevent the further spread of the Coronavirus (Covid-19), with a focus on protecting the health of our employees.

"On March 18, Safran suspended production in countries most affected by the COVID-19 virus to allow it to step up cleaning and disinfection operations in addition to existing procedures.

"On Monday, March 23, production is resuming gradually in those countries. Work has been reorganized to incorporate the most stringent health and safety guidelines for employees.

"The same measures are taken in all Safran locations worldwide, in order to ensure that they continue with their business activities or adapt them to meet the needs of our customers, in complete compliance with their national government's guidance on the coronavirus.

"Safran has recommended that employees telecommute if their job allows (no constraints related to equipment or physical presence).

"Following school closures in certain countries/zones, measures have been implemented for employees who have to stay at home to care for their children, following the compensation terms in each country."

Safran employs an estimated 1,500 staff in Gloucestershire where it operates its specialist landing gear division and maintenance business.

Read this article:

Aerospace firm reveals how it launched into tackling the coronavirus crisis - Punchline Gloucester

DUBLIN--(BUSINESS WIRE)--The "Aerospace 3D Printing Market by Industry Type, by Vertical Type, by Material in Application Type, by Printer Technology Type and by Region - Size, Share, Trend, Forecast, & Competitive Analysis: 2020-2027" report has been added to ResearchAndMarkets.com's offering.

The aerospace 3D printing market is estimated at US$ 1,860.1 million in 2019 and is expected to grow at an impressive CAGR of 16.9% over the next five years to reach US$ 6,717.4 million in 2027.

The history of 3D printing in the aerospace industry traces back to 1988 with some A&D companies beginning experimentation with the technology. Over the years, the adoption of 3D printing technology in the aerospace industry has increased owing to its benefits such as fabrication of parts with complex geometries, reduced weight, less scrap, and on-site part fabrication.

Currently, the penetration of the 3D-printing technology in the aerospace industry is at nascent stage (<1%) but is subjected to grow at the highest rate among all the technologies (3D printing, AFP, ATL, compression molding, casting, etc.) in the foreseen future, assisting the technology to gain strong foothold in the aerospace industry.

The aerospace industry currently accounts for a share of 16.8% of the 3D-printing market and is likely to grow at a fast rate in years to come, generating huge growth opportunities for the market participants. Both aircraft as well as engine manufacturers, have eagerly been relying on the technology in order to develop lightweight parts.

The following are the key features of the report:

Some of the factors driving the market are listed below:

Key Topics Covered:

1. Executive Summary

2. Aerospace 3D Printing Market Overview and Market Forces

2.1. Introduction

2.2. Aerospace 3D Printing Market Segmentation

2.2.1. By Industry Type

2.2.2. By Vertical Type

2.2.3. By Region

2.3. Supply Chain Analysis

2.4. Industry Life Cycle Analysis

2.5. PEST Analysis: Impact Assessment of Changing Business Environment

2.6. SWOT Analysis

3. Aerospace 3D Printing Market Assessment

3.1. Strategic Insights

3.2. Aerospace 3D Printing Materials Market Trend and Forecast (US$ Million)

3.3. Profitability Analysis

3.4. Aerospace 3D Printing Market-Segment Analysis (US$ Million)

3.5. Aerospace 3D Printing Market-Regional and Country-Level Analysis (US$ Million)

3.6. Market Drivers

3.7. Market Challenges

4. Competitive Analysis

4.1. Strategic Insights

4.2. Product Portfolio Analysis

4.3. Geographical Presence

4.4. New Product Launches

4.5. Strategic Alliances

4.6. Market Share Analysis

4.7. Porter's Five Forces Analysis

5. Aerospace 3D Printing Market Trend and Forecast by Industry Type (2014-2027)

5.1. Strategic Insights

5.2. Civil Aviation: Regional Trend and Forecast (US$ Million)

5.3. Military Aircraft: Regional Trend and Forecast (US$ Million)

5.4. Spacecraft: Regional Trend and Forecast (US$ Million)

6. Aerospace 3D Printing Market Trend and Forecast by Vertical Type (2014-2027)

6.1. Strategic Insights

6.2. Hardware: Regional Trend and Forecast (US$ Million)

6.3. Software: Regional Trend and Forecast (US$ Million)

6.4. Materials: Regional Trend and Forecast (US$ Million)

6.5. Services: Regional Trend and Forecast (US$ Million)

7. Aerospace 3D Printing Materials Market Trend and Forecast by Application Type (2014-2027)

7.1. Strategic Insights

7.2. Engine Components: Regional Trend and Forecast (US$ Million)

7.3. Structural Components: Regional Trend and Forecast (US$ Million)

7.4. Space Components: Regional Trend and Forecast (US$ Million)

8. Aerospace 3D Printing Hardware & Software Market Trend and Forecast by Printer Technology Type (2014-2027)

8.1. Strategic Insights

8.2. SLA Printers: Regional Trend and Forecast (US$ Million)

8.3. SLS Printers: Regional Trend and Forecast (US$ Million)

8.4. EB-PBF Printers: Regional Trend and Forecast (US$ Million)

8.5. L-PBF Printers: Regional Trend and Forecast (US$ Million)

8.6. FDM Printers: Regional Trend and Forecast (US$ Million)

8.7. Other Printers: Regional Trend and Forecast (US$ Million)

9. Aerospace 3D Printing Market Trend and Forecast by Region (2014-2027)

9.1. Strategic Insights

9.2. North American Aerospace 3D Printing Market Analysis

9.3. European Aerospace 3D Printing Market Analysis

9.4. Asia-Pacific's Aerospace 3D Printing Market Analysis

9.5. Asia-Pacific's Aerospace 3D Printing Market Analysis

10. Strategic Growth Opportunities

10.1. Strategic Insights

10.2. Market Attractive Analysis

10.3. Emerging Trends

10.4. Growth Matrix Analysis

10.5. Key Success Factors

11. Company Profile of Key Players

11.1. 3D Systems Corporation

11.2. EnvisionTEC GmbH

11.3. EOS GmbH

11.4. GE Aviation

11.5. Hgans AB

11.6. Materialise NV

11.7. Oerlikon Group

11.8. Renishaw plc.

11.9. Stratasys Ltd.

11.10. The Trumpf Group

For more information about this report visit https://www.researchandmarkets.com/r/i69go

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Worldwide Aerospace 3D Printing Market (2020 to 2027) - Increasing production of LEAP engines is a Driver - ResearchAndMarkets.com - Business Wire

Text size

The aerospace supply chain has dealt with 737 MAX woes far more effectively than Boeing, and the better relative performance of aerospace suppliers shares attests to their resilience. Now, however, the fallout from the coronavirus pandemic is hitting the sectorand that could create opportunities for investors.

Up until year-end 2019, shares of the aerospace suppliers Barrons tracks rose about 16% since the second fatal MAX crash, on March 10, 2019. That is far better than Boeings performance (ticker: BA), and it outpaces the comparable gains the S&P 500 and Dow Jones Industrial Average.

But since the start of 2020, suppliers stocks have tumbled about 40% as coronavirus fears have grown. (Boeing shares are down more than 50% year to date.) That offers investors a good entry point into these suppliers stocks.

Aerospace is characterized by a handful of highly capable suppliers whose customers include a smaller number of huge companiessuch as Boeingand the U.S. Defense Department. The aerospace supply chain can be visualized as three pyramids: an engine pyramid, an aerostructures pyramid, and a systems pyramid. Plane makers Boeing, along with European rival Airbus (AIR.France), stand at the top of all three groups. Heres a look at some of the suppliers whose valuations have come down, and where they fit in the supply chain.

Engine makers are one level down from the aircraft makers. There are only a handful of companies capable of making engines for large commercial jets. United Technologies (UTX) Pratt & Whitney division, for instance, makes the new, high-tech geared turbofan engine for the Airbus A320 NEO. Safran (SAF.France) and General Electric (GE) make engines for the 737 MAX, as well as other jets. GE and Rolls-Royce (RR.London) make most of the engines for larger, twin-aisle jets. Their engines power planes such as Boeings 787 and 777, as well as the Airbus A330 and A350.

Underneath the engine suppliers are makers of subsystems, including Germanys MTU Aero Engines (MTX.Germany), Americas Woodward (WWD), and Japans IHI (7013.Japan).

Below that trio are suppliers of parts including GKN, which was bought by Europes by Melrose Industries (MRO.London), as well as Mitsubishi Heavy Industries (7011.Japan), among others.

The last tier of the engine pyramid are materials suppliers. Berkshire Hathaway bought a large supplier of forged and cast parts, PCP. Arconic (ARNC), Allegheny Technologies (ATI), and privately held Doncasters supply the industry with high-tech alloys too.

The pyramid visualization, of course, isnt perfect. GE, for instance, bought engine subsystem maker Avio in 2013. GE plays in multiple levels of the supply chain.

Barrons group of engine suppliers is down about 38% year to date and trade for less than 13 times estimated 2020 earnings, down from 17.8 times earnings at the end of 2019.

The aerostructures pyramid has suppliers such as Spirit AeroSystems (SPR) underneath Boeing and Airbus. Spirit, for its part, bakes the carbon composite tubes of the Boeing 787 in giant autoclaves, which are essentially high-tech ovens. The ovens are 120 feet long and 30 feet in diameter. Japans Kawasaki Heavy Industries (7012.Japan) make carbon composite wings for the 787.

Underneath large aerostructure makers come material and fastener suppliers such as Arconic. Modern jets use a lot of composite materials, which are lighter and stronger than comparable metals. Hexcel (HXL), which is merging with Woodward, Japans Toray Industries (3402.Japan) and Cytec, which is now part of European chemical company Solvay (SOLB.Belgium), supply the composites.

Barrons group of aerostructures suppliers is down about 41% year to date and trades for about 13.6 times estimated 2020 earnings, similar to year-end 2019 price-to-earnings ratios. Spirit AeroSystems earnings estimates have come down.

Large industrial conglomerates, such as United Technologies and Honeywell International (HON), reside at the top of the systems pyramid.

United Technologies, through its 2011 acquisition of Goodrich supplies landing gear. Landing gear component suppliers sit below United Tech. And material suppliers feed the component suppliers.

Barrons group of systems suppliers is down about 34% year to date and trades for about 12 times estimated 2020 earnings, down from 17.6 times earnings at the end of 2019.

Aerospace is an oligopolya limited number of suppliers share the market at each level of the pyramid. The industry evolved to this, in part, because of high barriers to entry. Aerospace engineering isnt easy, and it takes a lot to get aerospace parts approved. And in the aerospace business, no onefor the most partwants to buy a spare part from a company that didnt design the original.

The MAX problems didnt create an acute volume crisis for the suppliers. While they had less work because of the MAX, they still had plenty to do.

The coronavirus shouldnt create an acute volume crisis either. Boeing reported minus 28 net orders in February, but the backlog is more than 5,000 jets. Airlines, not aerospace suppliers, feel most of the painthats where volumes can fall hardest, fastest. U.S. airline stocks are down 35% to 55% year to date.

Write to Al Root at allen.root@dowjones.com, follow him @DowJonesAl

Continued here:

Why It Might Be time to Buy Aerospace Supply Stocks - Barron's

As kids, we all were fascinated by the sky. The marvelous night sky made us wonder what is so special about the moon and the distant stars. Curious about what lies far away from our home planet, we all wished to explore farther planets and galaxies someday.

This curiosity can surely motivate you to become a space engineer. But it takes a lot more than that to make it a space engineer. Space engineers are needed to be good at math and physics. So, you need good grades to get into top space engineering colleges. Which is easier said than done.

Those confident of making it in this field should take a good look at the top colleges. This puts them in the drivers seat. Which are the top space engineering colleges you ask? Heres our list of the best space engineering colleges in the world:

Some notable names which narrowly missed out on making this list are as follows:

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Here are the best graduate aerospace engineering colleges in the world, 2020 - CEOWORLD magazine