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Boeing Earnings Fall, Still Better Than Forecast

Senior Editor Bill Koenig

7/22/2015

Boeing Co. earnings slid, but still exceeded forecasts of analysts on increased commercial aircraft deliveries. Full Article

Lockheed Martin to Acquire Sikorsky Aircraft



Press Release - Lockheed Martin

7/20/2015

Lockheed Martin has entered into a definitive agreement to acquire Sikorsky Aircraft, a world leader in military and commercial rotary-wing aircraft, for $9.0 billion. The price is effectively reduced to approximately $7.1 billion, after taking into account tax benefits resulting from the transaction. “Sikorsky is a natural fit for Lockheed Martin and complements our broad portfolio of world-class aerospace and defense products and technologies,” said Marillyn Hewson, Lockheed Martin chairman, president and CEO. Full Article

United Technologies Cuts 2015 Profit Forecast on Aerospace Results



Senior Editor Bill Koenig

7/21/2015

United Technologies Corp. cut its 2015 profit forecast, in part because of lower earnings at its UTC Aerospace Systems unit. Full Article

In Defense, a New Focus on Project Management Process



David Karr, Technical Advisor for Manufacturing & Quality, Engineering Services Directorate, USAF Life Cycle Management Ctr., Wright-Patterson Air Force Base

7/1/2015

The Department of Defense (DoD) is interested in manufacturing engineering and wants its suppliers to be world-class manufacturers. That’s the take-away message from DoD’s adoption of the new SAE standard AS6500, “Manufacturing Management Program.” In fact, DoD recognized the need for a new standard and partnered with SAE International for its development and publication. Full Article

Shops Migrate to Higher Value Parts Making



Senior Editor Jim Lorincz

7/1/2015

Following the money trail is a police-drama honored way of sorting out the usual suspects in solving a crime. Keeping an eye on the money is also a good strategy for shops looking to remain competitive, as well as a bigger payday. Today, adopting five-axis machine technology is a tried and true method of producing more complex workpieces with higher value in both the raw and the machined states. Full Article

Polytechnique Montréal Researchers Develop Ultra-tough Fiber that Imitates Structure of Spider Silk



Press Release: Polytechnique Montréal

6/23/2015

  Polytechnique Montréal researchers have produced an ultra-tough polymer fibre directly inspired by spider silk. They believe that composites obtained by weaving together tough fibers of the type they're currently developing could, for example, make possible new, safer and lighter casings for aircraft engines, which would prevent debris from dispersing in case of explosion. Full Article

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