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Image: Ryan/stock.adobe.com The evolution of Australia’s defence expenditure from 1949 to 2023 reveals a story of growth, with recent years showing increases. By 2023, defence expenditure had soared to over $50 billion, and, according to SIPRI, Australia was ranked 13th in global military expenditures during this time frame.
Take a look at our most-viewed case studies from 2023 — perhaps one of these problems may resonate with your own shop: 5. In short, Zero Tolerance wanted a machine that could do it all while still being compact enough to fit in limited floor space. Read the full article. Read the full article.
Dassault Systèmes is participating in Aero India 2023, India’s biannual air show and aviation exhibition organized by the Ministry of Defence (MoD) and the Government of India. This year’s event will take place at Air Force Station, Yelahanka, Bengaluru from February 13-17, 2023.
ICYMI: As 2023 begins, the community continues to accelerate with announcements of production additive manufacturing applications including 3D-printed graphene armor, personalized gaming gear, and side view mirrors on the RAM 1500 concept vehicle. January 4, 2023– Braskem acquired taulman3D , a filament supplier.
BAE Systems plc (“BAE Systems” or the “Company”) announces that it has entered into a definitive Stock Purchase Agreement to acquire the Ball Aerospace business from Ball Corporation for c.$5.55bn 5.55bn in cash, subject to customary closing adjustments. 750m making the underlying economic consideration for the business c.$4.8bn.
BAE Systems plc – Proposed acquisition of Ball Aerospace BAE Systems plc (“BAE Systems” or the “Company”) announces that it has entered into a definitive Stock Purchase Agreement to acquire the Ball Aerospace business from Ball Corporation for c.$5.55bn 5.55bn in cash, subject to customary closing adjustments.
Rolls-Royce Honored with Air Force Association Chairman’s Award for Aerospace Education : Rolls-Royce (LSE: RR., ADR: RYCEY) today received the Air & Space Forces Association (AFA) 2023 Chairman’s Award for Aerospace Education in recognition of its continued support and sponsorship of AFA’s Teacher of the Year program.
Here’s what’s happening in fastener industry news the week of March 20, 2023. Louis Federal Reserve Producer Price Index (known as the acronym FRED) Commodity: Bolts, Nuts, Screws, Rivets, and Washers for Feb 2023 : Registered at 298.894, slightly on an upward trend vs the January reading of 296.441. to 1:30 p.m.
She recommended listeners think about how they can give back to a mentor and help them in a consequential way, sending an article of interest, or remembering important milestones in their life, or putting them in touch with someone who would be a great fit for an opening on their team. They open doors for you. Many goals were shared.
The Aerostructures Innovation Research Hub, aka AIR Hub , is moving the needle in aerospace research for Australia using advanced composite materials to design and produce innovative aerostructures.
Weighing 500 kilograms and standing at 150 cm tall, the Impossible Statue was officially inaugurated at Tekniska Museet, Sweden’s National Museum of Science and Technology, in April 2023. Here, a combination of MH20 high-feed cutters mounted on heavy metal shanks was the perfect fit. It took time to get everything perfect.” “We
The company bought the building for its new technical center in late 2023, with construction and remodeling starting in early 2024. DN Solutions is currently focusing its efforts with the technical center toward aerospace customers.
The supporting program at the 20 th edition of the leading international trade fair for industrial parts and surface cleaning, running from 26 to 28 September 2023 at the Stuttgart Exhibition Center in Germany, will also impart substantial know-how and expertise in the field.
This 2023 Top Shops honoree for the HR category has opted to combat the skills gap by instituting policies that leave workers feeling valued. “It has been an excellent fit for us.” ” Toward the beginning of 2023, Northeast Tool made an effort to identify who its top-performing machinists were.
“Canadian North will be a natural fit with our other northern air operators,” said EIC CEO Mike Pyle, adding the deal will “lead to increased efficiency and enhanced service levels in the region.” De Caria is the airline’s first Inuk president and CEO of the airline, having been appointed in December 2023.
? Aerospace company Sidus Space has recognised additive manufacturing’s capability as a highly effective tool to optimise weight in systems designed to reach space, with the development of a 3D-printed satellite set to launch in 2023.
The key criteria I had for my associates in a transaction included: Cultural fit: I needed to envision my executives and associates enjoying and thriving under a new owner’s structure. The post Automation mergers, acquisitions, capital markets analysis: March 2023 appeared first on Control Engineering. Headquartered in LaVergne, Tenn.,
Fresh from university, Joe Bryant began his career as an aerospace engineer with Airbus, working on the company’s first composite helicopter, the ARH Tiger. In order to be competitive in the aerospace industry, you need to know how to manufacture cost effectively, with quality consistency,” Bryant explained.
Rockford, IL / USWIRE / August 31, 2023 Genesys Industries announced today that the company has acquired 100% of Sterner Screw Machine (SSM) for cash at closing. SSM is a leading production manufacturer of screw machined and fastener components for the aerospace, hydraulic, pneumatic, and industrial sectors.
Titled, “The Market for Metal Additive Manufacturing Services: 2023-2031,” the report has pegged revenues for metal AM services at USD 3.8 billion) for the year 2023. A recent report from SmarTech Analysis revealed that the metal additive manufacturing (AM) services revenue is forecasted to reach USD 16.1 billion (AUD 5.7
Since 1968, Wenzel has delivered tailored, high-accuracy solutions to companies in aerospace, defense and contract manufacturing. Drew Shemenski, president of Wenzel America, says, “We feel the Wenzel portfolio fits well with Able’s. Able Machine Tool Sales has been serving the New England region since 1987.
TORONTO — Firan Technology Group Corporation, a leading provider of electronic products and avionic sub-systems for the aerospace and defense markets, entered into an agreement to acquire Holaday Circuits, Inc. Holaday is a manufacturer of high technology circuit boards focused on the aerospace and defense markets.
in its Sale to Monroe Engineering February 09, 2023 08:00 AM Eastern Standard Time DALLAS–( BUSINESS WIRE )– Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Fasteners, Inc. The acquisition closed January 31, 2023.
SpindleSHOT can serve industries requiring high-precision parts, such as medical, aerospace and mold making, as well as manufacturers of workholding fixtures with internal porting. Due to its compact design, the pump would fit in a variety of spaces. Effective chip removal is essential for manufacturing tolerance.
Defence is one of the many sectors we serve, our products are well suited because they are designed to aerospace standards,” Orr said. The Civil Aerospace Safety Authority (CASA) are starting to allow beyond visual line of sight (BVLOS) drone operations for the first time and we’re seeing driverless car trials across Australia.
The Jet Zero Council – made up of industry, academic and government leaders – met today (17 April 2023) at Farnborough Airport. Business and Trade Minister Nusrat Ghani said: “There is no time to waste in creating a sustainable, decarbonised aviation sector fit for the future.
a leading provider of specialty adhesives and fastener locking and sealing solutions serving customers in the automotive, electronics, aerospace, and other industries. The company generated approximately $70 million in revenue in fiscal 2023. Founded in 1887, with 2023 revenue of $3.5 The new business, which includes five U.S.
Tel-Aviv, Israel / Birmingham, AL, USA – May 22, 2023 – Tritone Technologies, a global provider of metal and ceramic additive manufacturing (AM) technology for industrial production, will partner with Technical Training Aids (TTA) and Prototyping Solutions (PS) to expand their presence in the United States.
In 2023, ASTM International celebrates 125 years. ASTM International celebrates 125 Years in 2023. Click here: Why is it important to understand what standards are and why they are so critical for industries such as aerospace, automotive, engineering and construction. ASTM International’s history is storied and expansive.
ASTM International is celebrating 125 Years in 2023. Click here: Why is it important to understand what standards are and why they are so critical for industries such as aerospace, automotive, engineering and construction. A letter from the ASTM International President: Katharine E. Morgan, President.
Shop in Transition Blair-HSM South was founded in the early 1990s as a satellite shop for an aerospace manufacturing shop on Long Island. As a result, one of the shop’s 2023 goals is to expand the use of high-speed machining to other part families. Management intended for this shop to be a low-cost facility, and ran it that way.
This complements the classic core areas covered at this, the leading international trade fair for industrial parts and surface cleaning, which will be held from 26 – 28 September 2023 at the Stuttgart Exhibition Center in Germany. In these industrial sectors, the term “high purity” is increasingly being used. Those are the requirements.
January 4, 2023 — GE HealthCare is now a 130-year-old startup. I think our purpose really fits into this.”. GE Chairman and CEO and GE Aerospace CEO H. Compassion Purple” is a fitting choice for the new company, which is using this moment to more closely align to their work supporting patients and providers.
Launched in 2023, the GRIT robot works alongside humans to perform labor-intensive finishing for any size and type of manufacturer, stated Kane Robotics in a release. The company said its GRIT Vision System applies computer vision to the GRIT cobot for material-removal tasks such as sanding, grinding, and polishing in manufacturing.
Fast forward to 2023, and IFEC capabilities are continually expanding. from 2023 to 2030. Designed to fit seamlessly into existing IFE systems, its Inplay Players, state of the art solutions address demands for modern content delivery. Visitor registration will open in March 2023. billion by 2030, registering a CAGR of 8.4%
Weighing 500 kilograms and standing at 150 cm tall, the Impossible Statue was officially inaugurated at Tekniska Museet, Sweden’s National Museum of Science and Technology , in April 2023. Here, a combination of MH20 high-feed cutters mounted on heavy metal shanks was the perfect fit.
Weighing 500 kilograms and standing at 150 cm tall, the Impossible Statue was officially inaugurated at Tekniska Museet, Sweden’s National Museum of Science and Technology, in April 2023. Here, a combination of MH20 high feed cutters mounted on heavy metal shanks was the perfect fit. It took time to get everything perfect.” “We
“This agreement is well aligned with our strategy to deliver complete solutions for high-growth industry applications with our ecosystem of partners, and the production scale and precision 3D printing capabilities of Stratasys’ P3 Programmable Photopolymerization technology are a particularly strong fit for bioprinting applications.
At EMO 2023, HAIMER took an important step forward and has since been offering its successful hardware products for machine tools alongside a powerful digital range consisting of the WinTool software, an independent tool management system, and Toolbase, a smart tool dispensing system with software and hardware components.
billion as reported in fiscal year 2023. “We believe this combination of two strongly complementary leaders in the engineering software space brings together Altair’s broad portfolio in simulation, data science, and HPC with Siemens’ strong position in mechanical and EDA design. mid-term growing to more than USD 1.0 billion p.a. long-term.
While the default settings for the software already constrain the output to functional results, users can also introduce further constrains to fit with shop requirements. Fieldwork Though CAM Assist only officially launched in late 2023, with major new features releasing every few months, its early adopters have high praise for it.
Commonly used for aerospace, agriculture, automotive and electronic tasks, the welding robot market is expected to grow at a compound annual growth rate of 10.6% Global Robotic Welding Market Outlook , EMR, 2023 www.motoman.com The post Key Drivers for Selecting a Welding Work Cell appeared first on Fabricating and Metalworking.
The second trip is scheduled for late spring, with others to follow later in 2023 and possibly 2024. Dubbed Connected Tool Technology, the program can be used to improve the tool path to better fit a part and reduce setup times, Levine said. Confirmed tool paths are released to the machine.
The acquisition marks AFC’s first deal of 2024 after it made seven acquisitions in 2023. Steiner and is a leading manufacturer of high-quality threaded and flanged aluminum pipe fittings and hardware. Alphi Capital announces its partnership with K2 Fasteners.
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