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aerospace

Hanwha to supply $300 million of aircraft engine components to GE

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Hanwha Aerospace has signed a $300 million contract to supply cutting-edge aircraft engine components to General Electric, the US conglomerate and one of the leading aircraft engine manufacturers in the world and a top supplier for Boeing.

Hanwha Aerospace will supply GE with 46 types of engine components for GE’s GE9X and LEAP engine.

The GE9X is GE’s most advanced engine and expected to enter commercial production in 2020 while the LEAP is the world’s best-selling aircraft engine. [Read more…] about Hanwha to supply $300 million of aircraft engine components to GE

Velo3D ships seventh Sapphire printer to aerospace production customer

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Velo3D, a manufacturer of metal additive manufacturing systems or 3D printers, has delivered its seventh Sapphire printer to its largest production customer, which has already ordered a total of 12 systems in the past year.

All previously installed systems are in full production creating mission-critical parts for aerospace applications. The balance of the systems will ship before the end of Q1 2020.

The combination of 12 systems and their productivity makes this one of the largest concentrations of metal additive-manufacturing capacity in the world. [Read more…] about Velo3D ships seventh Sapphire printer to aerospace production customer

AREVO partners with AGC on 3D printing in Japanese markets

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AREVO, the Silicon Valley company specialising in composites manufacturing through digitalization – or 3D printing, has chosen AGC as its strategic business partner in Japan.

The two companies plan to provide “manufacturing-as-a-service” for the on-demand production of ultra-strong, lightweight 3D-printed composite parts for the Japanese market.

This service is based on AREVO’s “Aqua” platform, the world’s first industrial-grade continuous fiber 3D printing system capable of printing parts of up to one meter cubic volume. [Read more…] about AREVO partners with AGC on 3D printing in Japanese markets

Acme Manufacturing opens R&D center in Singapore

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Acme Manufacturing, a specialist provider of robotic finishing systems has officially launched its Singapore office.

Acme Singapore includes a standalone research and development centre focused on creating new solutions and customised robotics systems for the company’s extensive customers in Southeast Asia.

“The establishment of Acme Singapore reflects our commitment to bring our state-of-the-art innovations closer to customers in Southeast Asia,” said Fritz Carlson, president and CEO of Acme Manufacturing, who was present at the grand opening of the company’s Singapore facility. [Read more…] about Acme Manufacturing opens R&D center in Singapore

5 Industries That Can’t Do Without Custom Machining

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Precision and efficiency have become the leading demands for manufacturing. Modern equipment is rapidly changing.

New, sturdier and harder materials are used, complex geometries with tight tolerances and fine surface finishes are required and all of that has to be done at a faster pace.

This race toward product perfection involves using professional custom machining services for more and more industries for a lot of different purposes. Let’s see, which modern industries simply can’t manage without custom machining. [Read more…] about 5 Industries That Can’t Do Without Custom Machining

Hanwha Robotics and Wipro team up on Indian cobot market 

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Hanwha Precision Machinery’s Robot Business Division has signed a Memorandum of Understanding with Wipro Infrastructure Engineering (WIN) to establish a local sales and operations office in India.

The partnership combines the core competencies between the two companies: Hanwha’s cobot manufacturing and development capabilities and WIN’s Automation Solutions business and broad sales network in India.

Through this partnership, Hanwha Robotics will be able to sell its factory automation cobots to WIN’s customer base through its sales network.

[Read more…] about Hanwha Robotics and Wipro team up on Indian cobot market 

Raytheon and United Technologies aerospace businesses to merge

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Raytheon Company and United Technologies have entered into an agreement to combine in an all-stock merger of equals.

The transaction will create a premier systems provider with advanced technologies to address rapidly growing segments within aerospace and defence.

The merger of Raytheon, a leading defence company, and United Technologies, a leading aerospace company, comprised of Collins Aerospace and Pratt & Whitney, will offer a complementary portfolio of platform-agnostic aerospace and defence technologies.

[Read more…] about Raytheon and United Technologies aerospace businesses to merge

Siemens sells electric aircraft-propulsion business to Rolls-Royce

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Siemens and Rolls-Royce have signed an agreement for the sale of Siemens’ eAircraft unit. Through its Vision 2020+ company strategy, Siemens intends to sharpen its portfolio’s focus.

Siemens said the company’s business with electric and hybrid-electric systems for aircraft will have substantially better growth perspectives with new owners closely connected to the aerospace industry.

Closing is subject to the usual conditions and is expected to take place in late 2019. The partners have agreed not to disclose the financial details of the transaction.

[Read more…] about Siemens sells electric aircraft-propulsion business to Rolls-Royce

Hanwha Aerospace acquires US aircraft engine component manufacturer

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Hanwha Aerospace has signed a deal to fully acquire EDAC Technologies, an American aircraft engine component manufacturer. The deal is expected to be worth around USD 300 million, which will be finalised once negotiations are completed.

The Korean company made a preliminary bid for EDAC Technologies in April of 2019 and entered a period of due diligence before making a final offer.

EDAC Technologies is an aircraft engine component manufacturer based in Connecticut, with a workforce of 590 people. It recorded USD 150 million in revenue in 2018.

[Read more…] about Hanwha Aerospace acquires US aircraft engine component manufacturer

Airbus Helicopters and Hungarian Government to establish new site in Gyula

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Airbus Helicopters and the Hungarian Government have selected the town of Gyula in the Békés County as the site for a new aerospace enterprise in Hungary.

The new installation will be built from scratch and will be the core of an emerging Hungarian aeronautics cluster.

This was announced in Budapest by Bruno Even, CEO of Airbus Helicopters, and Gáspár Maróth, Government Commissioner for national defence industry and defence development and coordination of armament modernisation.

[Read more…] about Airbus Helicopters and Hungarian Government to establish new site in Gyula