Global Fastener News

Tag "aerospace"

French Aerospace Fastener Supplier To Locate in Charleston

June 19
11:53 2019

“The availability of skilled workforce and proximity to Boeing were important factors in our decision to select this strategic location,” said executive VP Francoise Montsarrat.

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TriMas Fastener Sales Improve

April 30
20:12 2019

Segment operating profit rose 25% due to improved production efficiencies and a more favorable product sales mix.

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Arconic Fastener Sales Grow

April 29
16:42 2019

Organic fastener segment revenue grew 7%, driven by aero engine and defense growth.

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Arconic Reports 8% Sales Growth

March 04
16:42 2019

Arconic has commenced plans to reduce operating costs by approximately $200 million on an annual run-rate basis.

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Wesco Aircraft Sales & Profit Improve

March 04
15:23 2019

“Long-term contracts were higher, primarily due to higher chemical pass-through revenue and related service fees, while hardware volume increased at a lesser pace,” the company stated.

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TriMas Aerospace Segment Sales Rise

February 28
15:07 2019

Revenue increased “due to higher demand levels for more complex fasteners.”

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KLX Helps Boeing Respond Faster While Cutting Costs

November 08
21:19 2018
    KLX Helps Boeing Respond Faster While Cutting Costs

“Before acquiring KLX, Boeing was starting to invest in ways to be more integrated with customers’ parts stocking operations as a step to achieve this,” writes Lee Ann Shay of MRO-Network.com. “KLX already is doing that by being integrated in customers’ shop floors day to day through its bin stocking programs for OEMs, airlines and MRO.”

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TriMas Fastener Sales Edge Up

November 01
10:49 2018

“Increased demand more than offset the impact of the decision to exit less profitable machined components.”

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Report: Arconic Mulling Private Takeover

August 07
18:48 2018
    Report: Arconic Mulling Private Takeover

If a deal is reached, Arconic would become the second major aerospace fastener supplier to be acquired in recent months.

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Arconic Fastener Sales Grow

August 01
00:02 2018

Organic revenue was up 6%, “driven by volume growth in aerospace engines and defense.”

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Boeing To Acquire KLX For $4.25 Billion

May 08
03:16 2018
    Boeing To Acquire KLX For $4.25 Billion

“Our customers have long desired a supplier who could offer essentially 100 percent of their requirements for fasteners, consumables and expendables,” stated KLX CEO Amin Khoury.

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Fastener Segment Sales Rise at Arconic

April 30
14:03 2018

“Volume growth in aerospace engines, defense and industrial more than offset the continued downturn in the industrial gas turbine market and headwinds in aerospace airframe production mix, related to fastening systems.”

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TriMas Fastener Sales Edge Up

April 27
09:19 2018

“During the quarter, we captured increased end market demand through our refocused commercial efforts,” stated CEO Thomas Amato.

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TriMas Aerospace Sales Rise

February 28
13:05 2018
    TriMas Aerospace Sales Rise

Overall TriMas sales increased 3% to $817.7 million in 2017, with operating profit growing to $88.5 million.

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Next Generation Welding?

January 04
10:48 2018
    Next Generation Welding?

New welding method could make next generation metals more viable for the aerospace and automotive industry, MnetNews reports.

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KLX Aerospace Fastener Sales Grow

December 06
16:02 2017

"ASG continued its market momentum with three new contract awards and market share gains valued at approximately $125 million in the aggregate."

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MW Industries Expands in Aerospace

November 08
13:50 2017
    MW Industries Expands in Aerospace

MW Aerospace Solutions is a new brand linking four companies: Atlantic Spring, BellowsTech, Helical, and Servometer.

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Novaria Group Acquires Space-Lok

July 10
22:00 2017
    Novaria Group Acquires Space-Lok

Established in 1962, Space-Lok designs and manufactures internally and externally threaded fasteners and component mechanisms for all sectors of the aerospace industry.

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TransDigm’s Shares Fall as Senator Seeks Probe

June 12
12:46 2017
    TransDigm’s Shares Fall as Senator Seeks Probe

Massachusetts Senator Elizabeth Warren called for an investigation into the aircraft components supplier’s government contracts, Reuters reports.

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Kleinfeld Out As Arconic CEO

April 25
21:02 2017
    Kleinfeld Out As Arconic CEO

Until Monday, Arconic’s board had stuck by Kleinfeld “as Elliott, billionaire Paul Singer’s hedge fund, accused him of financial underperformance, an ‘obsession’ with image, and wasteful spending on a Manhattan headquarters,” Bloomberg reports.

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