Aerospace and Defense Review : News

The 23 units to be transferred will be in addition to the five Space Wings that were already transferred to the new service when it was enacted into law in 2019 The U.S. Department of Air Force has identified 23 U.S. Air Force organizations with space-related missions, which it will transfer to the Space Force. The department aims to move 23 units of the Air Force and 1,840 billets located at bases in Colorado, California, Nevada, Ohio, New Mexico, and Maryland from the Air Force into the Space Force within the upcoming three to six months. The 23 units to be transferred will be in addition to the five Space Wings that were already transferred to the new service when it was enacted into law in 2019. [vendor_logo_first] According to a Space Force statement, the 23 organizations and billets will be reorganized under the Space Force but will not be physically moved to a different geographic location . These units will remain in place to leverage the talent, infrastructure, and key capabilities at their current location. Currently, the Space Force is supported by units that previously fell under the former Air Force Space Command and have been detailed to the Space Force. The transfers will be executed jointly by Secretary of the Air Force Barbara Barrett, Chief of Space Operations General John Raymond, and Chief of Staff of the Air Force General David Goldfein, when the necessary conditions have been met. “These mission transfers incorporate existing forces into the agile Space Force, which stands ready to defend American and allied interests,” said Barrett. Space Force also mentioned that the various personnel assigned to the units that will be transferred would remain members of the U.S. Air Force who are assigned to the Space Force. “In the coming months, and when appropriate provisions are in place as part of a separate process, military members who meet applicable criteria will be given the opportunity to volunteer to transfer to the Space Force,” said spokesman Major William Russell. “If they choose not to transfer, they will remain in the Air Force and assigned to the Space Force unit until their normal assignment rotation is complete, at which time they will be moved to an assignment within the Air Force.” See also:  Top Aerospace Tech Solution Companies ...Read more

In June, the company surveyed 65 companies in the middle market of the commercial aviation supply chain. Specialized provider of investment banking services to the middle market of the global aerospace and defense industry, Alderman & Company, published the results of a recent proprietary survey highlighting the growing liquidity crisis in the commercial aviation industry. In June, the company surveyed 65 companies in the middle market of the commercial aviation supply chain. These companies included but were not limited to manufacturers, distributors, and service providers such as maintenance and repair. Some of the key findings of the survey were: - Airline passenger traffic is not expected to return to pre-pandemic levels until 2022. - Suppliers are looking to cut expenses ahead of future declines. - Financing for suppliers is not expected to come from banks. "We wanted to get at the heart of both the micro and macro-economic issues industry stakeholders and government officials are facing in light of COVID-19," said Alderman & Company CEO, Bill Alderman. "The pandemic has caused the most significant downturn in the history of commercial aviation and we want to help companies within the supply chain pivot to cope." This latest survey, titled Impending Crisis, is the second in a series of surveys that the company plans to conduct to identify the pandemic's impact on the commercial aviation industry supply chain. Alderman & Company was founded in 2001 and is a specialized investment bank that exclusively provides sell-side M & A advisory services to middle-market companies within the global aerospace and defense industry. The company's clients include family-owned enterprises, microcap public companies, divisions of large corporations, and portfolio companies of private equity firms. Alderman & Co.'s services are built on comprehensive industry knowledge and years of process expertise providing business owners value-maximizing solutions for exiting their businesses. ...Read more

With the help of 3D printing, NASA can manufacture as many parts of an engine as possible as well as save money and time. 3D printing is one of those technologies that's custom-made for NASA and the space program. NASA was one of the earliest adopters of additive manufacturing in the 1980s. In 2014, the International Space Station's first and foremost 3D printer made the first additive-manufactured part in space. Let us look at some 3D printing initiatives taken by NASA: Printing Parts of Spacecrafts Project Archinaut from Made In Space is developing additive manufacturing technology to build large-scale structures in space. By carrying out the building in orbit, creating and assembling components and structures avoid the shape, size, and take-off restrictions needed to be launched from Earth's surface. In 2019, NASA offered Made In Space a $73.7 million contract to demonstrate that a small satellite, namely Archinaut One, can manufacture and assemble components in space. Utilizing Archinaut additive manufacturing technology can help generate fivefold more power than pre-assembled panels' smaller surface area and reduce launch costs. Liquid-Fuel Rocket Engines' Components Manufacturing One of the biggest share of profits on investment NASA gains from additive manufacturing is liquid-fuel rocket engine components that are being utilized to launch rockets to space. Before the advent of additive manufacturing, it took a hefty amount of money and hundreds of parts that required thorough investigations to build an engine traditionally. Thus, with the help of 3D printing, NASA can manufacture as many parts of an engine as possible as well as save money and time. A Martian or Lunar Home Printing Companion NASA is working on using what-will-be-local resources since its proposed mission to the Moon. NASA is trying to print habitats with simulated versions of regolith which is a close replica of what has been found on the Moon and Mars. NASA summoned external groups to demonstrate this possibility with their multi-phase 3D-Printed Habitat Challenge. See Also:  Top 3D Printing Solution Companies ...Read more