Lockheed Martin Corp. entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings Inc. for approximately $4.4 billion. With nearly 5,000 employees and 15 primary operations sites across the United States, Aerojet Rocketdyne is a world-recognized aerospace and defense rocket engine manufacturer. The company’s propulsion systems are a key component of Lockheed Martin’s supply chain and several advanced systems across its Aeronautics, Missiles and Fire Control and Space business areas. The proposed acquisition adds substantial expertise in propulsion to Lockheed Martin’s portfolio.
As a result of its unique properties, aluminum has been of key importance in many of the developments of the past century. Let’s look at that history and some great nonferrous products/applications along with their thermal treatments.
Why is aluminum’s story only about a century old? Because although aluminum is the most abundant metallic element in the earth’s crust (8%), metallic aluminum was produced for the first time just 200 years ago.
Spirit AeroSystems Holdings Inc. entered into a definitive agreement to acquire select assets of Bombardier aerostructures and aftermarket services businesses in Belfast, Northern Ireland (known as Short Brothers); Casablanca, Morocco; and Dallas, Texas. The acquired Bombardier operations employ more than 4,000 people at three sites comprising approximately 3.4 million square feet. The backlog of work includes long-term contracts on the Airbus A220 and A320neo, along with Bombardier business and regional jets.
Lockheed Martin will invest $142 million in its Camden facility in Arkansas. The investment, which will add 326 new jobs by 2024, supports new construction and improves on existing facilities for products, new machinery and equipment. According to Lockheed Martin, the Camden facility is a highly efficient center of excellence that contributes components and performs final assembly for products that are important to the defense of the U.S. and a growing number of allied nations.
Delta H Technologies will invest more than $300,000 in equipment and add 11 new jobs at its facility in Carroll, Ohio. Delta H Technologies manufactures industrial furnaces and heat-treatment ovens for the aerospace industry. The 11 new jobs will double the company’s current workforce. Fairfield County provided a $20,000 Workforce Development Training Grant to help with new-employee training, and JobsOhio provided a $50,000 performance grant toward the purchase of new machinery.
Element Materials Technology (Element) acquired Cleveland, Ohio-based Orbit Industries Inc. (Orbit), a Nadcap- and ISO 17025-accredited laboratory and provider of nondestructive testing (NDT) services to aerospace primes and Tier 1 suppliers. With over 30 prime approvals, Orbit specializes in ultrasonic, liquid penetrant, magnetic particle and chemical processing for raw materials and semi-finished and finished products, including landing-gear components, airfoils and aluminum wheels. Orbit also operates out of four other satellite inspection facilities across Ohio, Pennsylvania and New York.
The introduction of additive-manufactured (AM) advanced silicon carbide (SiC), including 3D-printed shapes, opens up a new window of opportunity for end-users, designers and manufacturers of high-temperature heating equipment.