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US Aerospace/Defense Companies & Contracts
 
STANDARDAERO AGREES TO ACQUIRE PAS TECHNOLOGIES TO EXPAND MRO PORTFOLIO
Wednesday, March 29, 2017
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To acquire PAS Technologies

Source: StandardAero


To acquire PAS Technologies

Source: StandardAero


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SCOTTSDALE, Ariz. - StandardAero has agreed to acquire PAS Technologies, a high technology components provider, to expand its portfolio of industry-leading MRO service offerings. Terms of the transaction were not disclosed.

PAS specializes in providing cost-effective OEM and MRO solutions for the aerospace, oil and gas, and industrial gas turbine markets. By using innovative and proprietary high-technology processes, along with solutions licensed from OEMs, the company provides great value for customers whose components are exposed to high wear, high heat and corrosive environments. The company’s highly engineered, innovative products are known for advanced technology and unsurpassed reliability.

"We are very pleased to announce this strategic acquisition and we welcome all PAS Technologies employees and customers to the StandardAero family," said Russell Ford, CEO of StandardAero. "PAS will align with our current Components, Helicopters & Accessories business division."

PAS performs work across a substantial installed base of engines including PW4000, LM2500, F117, F110, F100, F414, V2500, CFM56 and its capabilities include both manufacturing and a full suite of special processes. The company leverages its special coating capabilities for new build and aftermarket components to create a balanced business model between manufacturing and repair services across a diverse range of end markets.

The transaction is expected to close within the next 60 days.

Source:  StandardAero
Associated URL: standardaero.com
Source Date: March 29, 2017
Posted: 03/30/2017

 
 
KANEY AEROSPACE ACQUIRES BVR TECHNOLOGIES FROM ESTERLINE
Thursday, March 30, 2017
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Source: Kaney Aerospace


Source: Kaney Aerospace


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ROCKFORD, Ill. - Kaney Aerospace, an engineering, manufacturing and technology company serving Tier 1 and airframe prime manufacturers, has completed its acquisition of BVR Technologies Co. from Esterline Corporation. Terms were not announced.

The combined company will operate as Kaney Aerospace with a workforce of over 120 employees primarily in Rockford, Illinois, with annual sales in excess of $20 million to the aerospace and medical equipment industries. Kaney Aerospace counts industry leaders such as Boeing, Embraer, GE Aviation, Honeywell, Rockwell Collins, Sikorsky, Stryker Medical, Toshiba, United Technologies and Woodward as its customers.

Kaney Aerospace has been headquartered in Rockford since 2006, with additional operations in the states of Ohio and Washington, as well as in the United Kingdom. BVR Technologies, also based in Rockford, is known for its actuation and motion control products. BVR designs and manufactures gear trains, sensors, and electronic packages for its actuators and servos, as well as the SVO-5000 autopilot actuator that is a component of Rockwell Collins’ Pro Line Fusion* integrated avionics system.

Source:  kaneyaerospace.com
Source Date: March 30, 2017
Posted: 03/30/2017

 
 
AM GENERAL AND U.S. ARMY PARTNER ON AUTONOMOUS DRIVING VEHICLE
Wednesday, March 29, 2017
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Source: AM General


Source: AM General


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TROY, Mich. - AM General and the U.S. Tank Automotive Research Development and Engineering Center (TARDEC) announced a new partnership to develop and demonstrate an autonomous driving vehicle that may revolutionize how soldiers, sailors, airmen and Marines, along with equipment and supplies, are transported inside U.S. military facilities.

Under the Applied Robotics for Installations and Base Operations initiative (ARIBO), AM General and TARDEC are currently developing an autonomous vehicle, with demonstrations expected to begin this Spring at the U.S. Military Academy, West Point.

The ARIBO program allows current civilian robotics technology to be examined in vehicles in a semi-controlled environment such as military bases like West Point which have restricted roads, predefined routes and restrictive operations for favorable conditions. The program's aim is to advance the state of military robotics while simultaneously addressing U.S. military base needs by creating reliable military robotic technology and reducing operational and personnel costs.

"The American-made AM General vehicle is ideally suited for this initiative which will demonstrate the ability to augment the Academy's existing transportation system, which consists of a 24/7 shuttle service transporting cadets and other military personnel to/or from the Academy hospital," said AM General Executive Vice President, Kevin Rahrig. "Imagine what having a fully autonomous wheelchair accessible vehicle would mean to individuals with disabilities. This partnership with the Army could be the first step in transforming transportation for millions of people."

During testing, the autonomous program at West Point will examine:

-- Vehicle safety, performance and reliability

-- Acceptance of robotic technologies by government users and non-users

-- Time and money savings

-- Energy efficiency

-- Navigation and mapping ability

"The West Point demonstration uses AM General's vehicle to not only demonstrate an autonomy kit, but to highlight the idea of robotics for military and civilian use," said Alex Jimenez, project leader for TARDEC's ARIBO program. "The best robotic systems in the world will not find traction until users are comfortable with the systems. West Point is a prime location to address the acceptance aspect of robotics by having future Army leaders see and experience these robotics first hand."

Source:  AM General
Source Date: March 29, 2017
Posted: 03/30/2017

 

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