FORT WORTH, TX—Lockheed Martin delivered its 66th F-35 this month, hitting its delivery target for the year and boosting its production level by more than 40 percent compared with last year. Lockheed is ramping up production of the F-35 and plans to hire an additional 1,800 workers by 2020.
The need to mark parts or assemblies with some sort of identification code is becoming more and more important to facilitate quality control, supply chain management, brand protection, recalls and regulatory compliance.
WASHINGTON—Invoking powers the U.S. hasn’t used in more than a quarter century, the Trump administration has begun an investigation into Chinese aluminum imports that could lead to tariffs. The Commerce Department is taking the unusual step of initiating the case itself, rather than going through the regular route of starting an investigation based on petitions filed by U.S. companies.
WICHITA, KS—Spirit AeroSystems announced a $1 billion expansion that will bring 1,000 new jobs to its aircraft assembly plant here. The five-year expansion calls for hiring 800 new employees by the end of 2018 and 200 more the following year.
WASHINGTON--New orders for manufactured goods fell 0.1 percent in October from the month before, according to a report from the Commerce Department on Monday, but that was better than the 0.4 percent decline expected in a consensus estimate from analysts. This latest performance followed an upwardly revised September hike of 1.7 percent.
As aerospace engineers attempt to create products that can fly faster, higher and more efficiently, new types of materials are essential. Ceramic matrix composites (CMCs) hold tremendous promise. However, they can be difficult to join.
WASHINGTON--The U.S. manufacturing sector has weathered a bumpy road over the course of the past two decades, but successfully righting the country's industrial ship would mean an economic windfall of $530 billion, according to a new report from The McKinsey Global Institute.
Regardless of whether they are called drones or unmanned aerial vehicles (UAVs), their popularity is increasing among consumers, military leaders and institutions around the world. In fact, analysts at market researcher Teal Group predict that global spending on UAVs will reach $14 billion by 2024.