LMI Aerospace has agreed to a buyout by the Belgian company Sonaca Group. The $190 million-dollar merge values LMI shares at $14 apiece, which is a 52% increase from the market closing price. It’s also a 78% increase from the weighted six-month average price. Based in St. Charles, LMI Aerospace supplies components and engineering services to commercial and government aerospace markets. It also fabricates kits and assemblies out of aluminum, alloy, and composite materials.
LMI has been in business for over 68 years and in that time, has acquired several companies, with the most recent being Valent, Inc. in 2012. The deal is expected to close sometime this summer, with a deadline of August 16th. If LMI for some reason backs out of the arrangement, they will be subject to a termination fee in excess of ten million dollars.
LMI will continue operating in its 21 locations under the name LMI Aerospace – a member of the Sonaca group. Its headquater location will still remain in St. Charles. LMI CEO Dan Korte will remain CEO but now report to Sonaca CEO Bernard Delvaux. Senior leadership of LMI will also largely remain unchanged.
The new parent company Sonaca develops and manufactures assemblies for space, civil, and military markets. It is considered a world leader in wing moveables Sonaca produced 220 F-16 aircraft for the Belgian and Danish air forces under a General Dynamics contract.
“This deal brings our combined company to the forefront as a leader in the design and manufacture of complex aerostructures while working to diversify our global customer base,” said Korte.
“In addition, LMI and Sonaca have complementary product portfolios while largely serving different aerospace primes and Tier 1 suppliers around the world, enabling us to better serve our customers.”
NASA’s Space Technology Mission Directorate (STMD is partnering up with US based companies in order to develop space technologies that will advance the commercial space sector far beyond what is currently projected. This announcement comes under the collaborative opportunity (ACO) solicitation which will provide technical expertise as well as testing facilities by NASA and the selected companies. This effort in order to mature technologies, hardware and software to enhance space systems including other closely related subsystems. Leveraging NASA’s unique engineering expertise and utilizing their state of the art testing facilities will propel the research and development of more reliable electronics and improve communications for in-space propulsion technology.
Steve Jurczyk, NASA Washington STMD associate administrator, has expressed that he believes this announcement of collaborative opportunity (ACO) solicitation will continue to build upon the NASA’s Space Technology Mission Directorate (STMD) strategy to align NASA’s strategic long-term goals with the requirement to advance commercial space capabilities. The expected collaboration will greatly reduce cost of the development of these technologies and will increase the infusion of emerging commercial space system capabilities for space missions as well. With the deadline to submit mandatory preliminary proposals due by March 15th, time is running out as the final proposals will have to be submitted no later than May 31st.
Amphenol Industrial Group has announced that they will now be offering a new medium amperage connection system that offers 70 A of continuous current with the ePower Lite offering an operating voltage of 800 Vdc. These connectors were designed for hybrid/electric vehicle markets and feature a lightweight plastic shell for compact design and to offer substantial weight/space savings in vehicle architectures across the industry. Featuring a 2, 3 and 4-way systems with optional HVIL/ EMI shielding, the ePower-Lite offeres improved safety and performance. Built to meet the ever-growing demand for medium voltage and medium amperage applications, the Amphenol’s ePower-Lite connector series incorporates 3.6-mm terminals with RADSOK technology patented by Amphenol.
The RADSOK technology allows for lower insertion force, higher current ratings and lower contact resistance and temperature with no mechanical assistance required. Touch-proof and RoHS compliant, these connectors can be used for charging anywhere a sealed medium powered connector is required and can be mated a minimum of 100 times. Amphenol’s ePower-Lite connectors also come with an IP67 rating and a operating temp range from -40 to 125 Celsius and an estimated UL 84V-0 flammability rating. Amphenol Industrial Group is the world’s leader in connectors and has been an industry leader since 1932.
Here at ASAP Supply Chain, we have a dedicated and expansive array of Amphenol products. We are your one-stop aircrafts parts solution. All of our aircrafts parts are extensively tested. If you are interested in a quote, please don’t hesitate to contact our sales staff at www.asap-supplychain.com call us at toll free at +1-702-919-1616.
Bibby Turboflex has been around for a long time. they have been known as a global leader since 1917. They have been very popular i in the field ever since then. Their strong point is that they develop reliable and safe power transmission solutions. They are all over many products and can simply be found everywhere. For example, they are found in grids, gears, pin and brush couplings. They have been known for being efficient and are always working hard to be efficient and to be able to offer customers the best products for the best values.
Their products are reliable and that is why many people want to use their products. Safety, reliability and accuracy are their top goals for their product. The reason they are sure they have one of the best products is mainly because of their highly-qualified engineers that strive to come up with the most reliable products. This is how they stay ahead of their market. They take customer feedback very seriously and will listen to their needs. They recently came up with A High-Performance Shaft Coupling. This new coupling is much more simplified design. This new coupling is so efficient. It requires long horizontal or vertical shafts. It improved performance.
It has many advantages compared to using other shafts. It has low mass and high stiffness of spares. Which this is amazing because it can weigh 80% less. They are designed to fit the needs for different users. You can almost say that they are customized to fit the end product of whatever needed to be used for. They are known to be suitable for any horizontal and vertical applications. Which is great. They are available in many sixes and configurations.
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Honeywell’s obtains EASA certification for its new state of the art satellite system for communication and on board entertainment. This satellite system commonly known as the JetWave high speed hardware is to be equipped with Inmarsat GX Aviation, one of the best broadband network that provides service in the most distant areas across the globe.
The newly obtained EASA form certification will allow Jetwave to be equipped and installed into the Airbus’ A319 aircraft. With installment, it is to enhance connectivity in every device that would require Wi-Fi during air time. Honeywell’s main goal by new innovative technology is to give users,” access to a stable “Wi-Fi in the Sky” experience allowing them to easily surf the net, check email, download large files, shop online, make video calls and access movies on demand without a drop-in service, even when flying over oceans.”
The latest networking system has created some waves in the networking industry. Many airlines and other major business jet manufacturers have been attracted by how impressive the JetWave system has been able to perform and there for have been on the search to be able to obtain such system.
EAD Aerospace a subsidy to Honeywell are the ones responsible for the new EASA certification for the JetWave to be incorporated into A319 aircrafts. Not only will the system benefit passengers but will allow for real time updates to better,” flight efficiency and safety.”
Not only has the JetWave been approved for a EASA but it also meets requirements to be approved for the FAA safety, environmental and installing standards.
The Director of Product Marketing, James MacDougall comments on the goals of the JetWave by saying,” Our JetWave hardware is designed with ease of installation and maintenance in mind to ensure reliable cabin connectivity as well as a consistent ‘Wi-Fi in the sky’ experience for users.”
ASAP Supply Chain deals with quality aviation parts and board level components. Specializing in obsolete and hard to find parts on the market. We provide our customers with the full traceability to provide complete transparency of your order. All ASAP parts have been tested and placed under warranty to ensure that the part is up to standard 100 % of the time. For a better look at our products visit our website at www.asap-suppychain.com. For instant RFQs email us at firstname.lastname@example.org or give us a call at +1-702-919-1616.
Airbus Aircraft has been one of the most successful aircraft manufacturing company worldwide, they have been recognized for their state of the art manufacturing capabilities and edge technologies. Their recognition has delivered them customers from all over the globe including military and government forces that depend on reliable equipment that will last them in the line of duty. Having said that, Norwegian’s subsidiary Arctic Aviation Ltd. has received their first order of an Airbus airplane, the Airbus320neo. This is not the only airplane that they will receive but instead this is the first airplane of an order of 70 aircrafts that have been requested by the Norwegian company. This has also been the first order of 12 aircrafts for the Hong Kong carrier HK Express, because there are business relationships between Arctic Aviation Assets Ltd (AAA) and HK Express.
Arctic Aviation Assets Ltd (AAA) has been very satisfied with Airbus and they are looking to become an airbus operator in the future, this is going to be happening very soon as AAA has placed an order of 321 Airbus for long range travels. A schedule has already been set where 8 of these aircraft will be delivered by 2019 and the remaining 22 will be scheduled to be delivered over the following 2 years. The Norwegian company is very satisfied with a medium range aircraft especially with their global expansion and future long-haul network. However, a long rang aircraft can be of great benefit especially of the fact that these new long range aircraft are much more fuel efficient than the Airbus A320neo and can be great for flights such as from US to Europe.
ASAP Semiconductor has been a competitive distributor for aircraft parts and especially airbus aircraft parts. We have created a platform that will make it easy for a customer to submit a request online at asap-suppychain.com to receive a quote shortly after. If you have more information or you want to send a list of parts that you are looking for, then you can send it via email at email@example.com or you can call us to speak with a sales representative at +1-702-919-1616.
The UK Royal Air Force has decided to invest an approximate 1 billion dollars into their medium altitude long endurance division of aircrafts. They will put their moneys toward producing 16 Certifiable Predator B (CPB) airframes in addition to the production of their ground controls stations and sensors (GCS). Due to the price fluctuation of the armed Reaper UAVs from General Atomics Aeronautical Systems Inc. and other reasons the contact is still under review.
The Royal Air Force was the first to obtain the medium altitude long endurance systems back in the year 2008. The (RAF) Currently have a total of 10 uncertified MQ-9 Reapers that have been dispersed between two squadrons between 39 crews internally. Since the year 2004 the RAF has worked hand in hand in operating the US Air Force MQ-9 that have been used over middle eastern countries such as Syria, Afghanistan, and Iraq.
The Billion-dollar investment would also include,” 10 airframes; eight of GA-ASI’s newly developed advanced Ground Control Stations (with an option for four more); four new Launch and Recovery Element (LRE GCS) plus an upgrade to two of the RAF’s existing LRE GCS and an option to upgrade two more. The UK is also buying improved versions of the same sensors that are fitted to its current Reapers: the Raytheon Multispectral Targeting System (MTS, 14 plus an option for 11 more) and the GA-ASI Lynx Block 20A Synthetic Aperture Radar and Ground Moving Target Indicator (SAR/GMTI, also 14 plus an option for 11 more).
In addition to the primary structure of the aircrafts the UK purchases their weapons from a different source. Their weapons that are in speculation to be bought are missiles bombs and JDAMs.
Per an authorized senior RAF officer the CPB will be more efficient and will be able to provide a wider range and payload equipped with automatic takeoff and landing, able to withstand extreme weather conditions and allowed to be flown in the UK airspace.
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The Italian Army has received a grant fund of 487 million dollars from the Italian Parliament’s Defense Committee to create a new helicopter which will replace the current 1980’s AW129 Mangusta attack helicopter. The Agusta AW129 Mangusta was originally produced and designed by Agusta and holds the distinction as being the first attack helicopter to be wholly produced and designed in Europe. It entered service in the Italian Army back in 1990’s.
It was originally demanded by the Italian Army that an attack helicopter be designed to be anti-armor, for armed reconnaissance, as well as support in ground attacks, to escort and other fire support anti-aircraft roles. It was the first of its kind to make full use of a fully computerized integrated management system in order to reduce workload.
Also much of the helicopter’s functionality was automated with parts of it directly controlled by a computer onboard. Daniele Marantelli who is a PD member stated that the new version of the AW129 Mangusta will combine the efforts of local universities and research centers in order to benefit from the assembly with Varese province and second-tier suppliers. Agusta Westland’s Vergiate factory will host the construction of the first prototype and is expected to be finished in 2020 according to Defense Aerospace reports.
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Qingdoa has allegedly chosen to allow well known aviation company Pratt & Whitney to supply them with their Purepower geared turbofan (GTF) engine. With an order placed of 18 GTFs to be installed into their newly bought Airbus A320neo aircrafts. Per Pratt and Whitney, the GTF will,” reduce fuel consumption by 16% minimize regulated emissions by 50%, and lower noise by 75 %.” The GTF has been making a well-known name for its self already being implemented in 24 aircrafts in a total of 8 airlines worldwide.
Being a newer company that has been in operation since 2014 Qindoa wants to promote a more cleanlier travel for its customers and differentiate themselves from their competitors in the crazy Chinese airline market.
When asked, what might the newer engines might contribute Tang Huanguang, Qingdoa Airlines official chairman stated that,” Pratt & Whitney's PurePower engine creates the cleaner, greener and quieter flight experience we are looking for our passengers” and continued to express they they are
“glad to deploy this next-generation engine to power our success in the increasingly competitive airline market in China.”
Pratt and Whitney are pleased to be able to supply their products to help better companies and aircrafts. Including announced and unannounced firm and option engine orders Pratt & Whitney have received just about a total of 8400 going out to more than 80 customers across the globe.
In recent news Pratt and Whitney have has entered in contract with Sat Air in which P&W “which provides aftermarket services and solutions for the civil aerospace industry.” In agreement with the contract SatAir group will begin to distribute P&Ws PW400 engine thrust reverser parts globally.
ASAP Supply chain is a top distributor of aviation parts and spares. Providing tested and certified parts for your availability. We offer a wide variety in stock ready to ship immediately. Specializing in finding obsolete and hard to find parts in the industry. Our parts are guaranteed to size and fit prior to delivery. For a better look at the parts that we are able to provide visit our website at www.asap-suppychain.com. For instant RFQs email us at email@example.com or give us a call at +1-702-919-1616.
Gregory Polek wrote an article for AIN Online talking about how Airbus has been under a lot of heat in order to his 2016 delivery goals. It seems as if CFO Harald Wilhelm is having trouble with certain suppliers as he has having problems resolving issues. In order to meet the goal for A350 airplane goal, Airbus would need to delivery 24 more planes. As of October 26th 2016, the company already has plans of delivering in 50 more A350s by the end of the year. In total, this would bring Airbus to 670 airplanes by the end of the year.
In the fourth quarter alone, the company will be set to deliver over 200 airplanes.
At the company’s third quarter earnings presentation, the CFO felt encouraged by how the company is running during the late summer and early fall seasons.
However, the company’s third quarter was a little though. Here is what CFO Harald Wilhelm says about this.
“The supply chain remains a concern. We have to muddle through that in 2016. I have to say…this is not the time to celebrate success. They need to be totally focused, and they’re not yet there where they need to be for the ramp-up in 2017. But 2016 we know how to handle.”
Airbus was founded in 1970 with headquarters located in Blagnac, France. There are over 70,000 employees that work for Airbus worldwide. Blagnac is a suburb of Toulouse.
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