The global military helicopter maintenance, repair and overhaul (MRO) market is expected to exceed $11.5bn by 2020, growing at a CAGR of over 3 percent, according to market research from Technavio.
AE Industrial Partners, a private equity investor in aerospace, power generation and specialty industrial companies, announced that its wholly owned AE Materials Group has acquired The Aircraft Group, a provider of aircraft consulting services for the purchase, sale or leasing of commercial aircraft as well as fleet asset management. Terms of the transaction were not disclosed.
SEKO Logistics has created an Aerospace & Aviation industry vertical with global centers of excellence and core competencies to deliver value-added services and technology solutions for customers, and opportunities to drive cost out of their supply chains.
Surging growth in emerging markets and constantly changing international trade regulations are testing the ability of aviation and defense companies to manage compliance on a global scale.
Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) is the maintenance, repair and overhaul arm of Air France KLM, one of the top five airlines in the world. The MRO unit supports 1,500 airplanes operated by 150 airline customers, and its 300 facilities worldwide remove parts from those planes, repair or refurbish them, or provide scheduled maintenance. Tracking all of these parts posed a logistical challenge, but the company has deployed a radio frequency identification system to automate the process and cut costs.
Orbital ATK, a provider of aerospace and defense technologies, successfully launched a Patriot Target Vehicle (PTV) for the U.S. Air Force Space and Missile Systems Center (SMC).
Inspired by practices in the private sector, the Army Materiel Command division embraces the concept of integrated business planning - and ends up saving billions of dollars in inventory expense.
Tinker Air Force Base in Oklahoma is the home of the Oklahoma City Air Logistics Center (OC-ALC), the center of the Air Force Materiel Command's (AFMC) aircraft, engine, missile, software and avionics management and maintenance centers.