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Hotel billionaire Robert Bigelow is about to launch a new spaceflight company

“Robert Bigelow, who made billions forming the hotel chain Budget Suites of America, is gearing up to launch a new spaceflight company called Bigelow Space Operations” writes Dave Mosher for businessinsider.sg. The hotel mogul now plans “to announce the creation of a new company: Bigelow Space Operations” on Tuesday, according to an email sent to Business Insider.Bigelow Space Operations might be a way to connect Bigelow Aerospace’s hardware-focused business with a client-facing operation that would aim to fill future space hotels with paying customers. Source: businessinsider.sg Share This:

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Monday Memo: Aerospace conference and Facebook Q&A Live, inflation data, Airbus 2017 results

“TUESDAY: The major annual aerospace-suppliers conference hosted by the Pacific Northwest Aerospace Alliance runs through Thursday at the Lynnwood Convention Center” writes The Seattle Times for seattletimes.com. THURSDAY: Airbus presents its 2017 financial results and holds its annual news conference in Toulouse, France, at a transitional moment for the jet maker. Last year, it faced serious production issues and executive leadership turmoil. … The Labor Department releases the Producer Price Index for January. … The Federal Reserve reports on January industrial production. … The National Association of Home Builders releases…

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Boeing to form joint venture with Adient to develop airplane seats

“Boeing and Adient have agreed to form a joint venture to develop and manufacture airplane seats, the companies said Tuesday, a deal that could give the aerospace giant a greater footprint in outfitting record numbers of airplanes its selling” writes Leslie Josephs for cnbc.com. Boeing, the largest aerospace company in the world, is teaming up with Adient, which is better known for manufacturing automotive seats. Source: cnbc.com Share This:

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Gov. Inslee leaves next week on 11-day trip to Switzerland, Germany and Italy

“Jay Inslee leaves next week for an 11-day trip to Switzerland, Germany and Italy to talk about apprenticeships, aerospace and climate” writes The Associated Press for seattletimes.com. The Washington governor will talk about apprenticeships, aerospace and climate during his trip to Europe.Inslee’s office says that the goal is create a cohesive system in Washington state to give students apprenticeship opportunities in industries including health care and advanced manufacturing. Inslee will then head to Bonn, Germany to attend COP 23, the United Nations climate change conference, through Nov. 14 He will…

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GKN margins squeezed by North America challenges

“GKN PLC (GKN.LN) said Friday that third-quarter margin performance was lower than the comparable period a year earlier, mainly due to program transitions and operational challenges in its Aerospace North America division” writes Dimitrios Kontos for marketwatch.com. The company said that it expects to have to provide for two unexpected claims, which it said were commercially sensitive, and could result in a charge of around 40 million pounds ($52.9 million) in the fourth quarter.The engineering business, which serves the aerospace and automotive markets, said that it expects pretax management profit…

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Honeywell prepares to spin off businesses: Sources

“The sources did not disclose which other assets Honeywell was looking to spin off and asked not to be identified because the deliberations were confidential” reports foxbusiness.com. Analysts have said this deal positions United Technologies to also spin off assets down the line, though no such deal has been announced.Honeywell lists turbochargers as part of its aerospace business. Source: foxbusiness.com Share This:

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WTO to probe Bombardier, spurred by Brazil’s complaints about Canadian subsidies

“The South American nation began WTO consultations in February, saying Canada ran afoul of trade rules because its policies unfairly bolstered the domestic aerospace industry to the detriment of Brazilian planemaker Embraer” writes Frederic Tomesco for seattletimes.com. That followed an investigation that began after a complaint by Boeing. “We are confident that the investments and contribution programs mentioned in Brazil’s petition are in full compliance with all WTO and international trade rules,” Bombardier spokesman Simon Letendre said by email.Brazil began WTO consultations in February, saying Canada ran afoul of trade…

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Spike Aerospace to Fly Scaled Demonstrator of Supersonic Jet

“Spike Aerospace, a Boston-based firm working on a supersonic business jet, recently announced that it will soon begin flight testing an unmanned scaled demonstrator of its planned S-512 Quiet Supersonic Jet, according to Aviation Week” writes unknown author for popularmechanics.com. With diverse engineering support and a bold path to flight, Spike Aerospace hopes to sell the ultimate business jet to customers in the mid-2020s.Larger and faster demonstrator aircraft are planned to follow in flight test as Spike works toward building the S-512, a Mach 1.6, quiet-boom supersonic business jet with…

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Defense contractor Northrop Grumman to buy rocketmaker Orbital ATK

“Orbital ATK, an aerospace manufacturer based in Dulles, holds a contract with NASA to resupply the International Space Station” reports washingtonpost.com. Northrop Grumman announced Monday that it plans to acquire the rocket and satellite company Orbital ATK, in a deal that would further strengthen the giant defense contractor in space and missile defense.It also builds the motors for several missile systems, as well as commercial and national security satellites.It comes as the company was seeking to bolster its space and missile defense systems at a time of increasing tension with potential…

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