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Aerospace & Defense: Page 59

Rearward, March! Defense Department Awards Big Reverse Logistics Contract
The Department of Defense has retained Liquidity Services, Inc. a provider of reverse supply chain services, to manage and sell scrap assets generated by DoD installations throughout the continental United States, Alaska, Hawaii, Puerto Rico and Guam. The Company expects to commence operations under the contract on Sept. 1, 2016.
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MRO Market for Military Helicopters to Fly Past $11.5Bn by 2020
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.
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IBM's Watson Supercomputer to Help U.S. Air Force Avoid Procurement Flak
IBM's Watson, the computational genius that has bested "Jeopardy" champions, published a cookbook and even been unleashed in the fight against cancer, now has what is perhaps its greatest challenge: taking on the federal procurement morass.
New Division Serves Aerospace Supply Chain, Total Quality Management, Calibration and Recruitment
Advanced Technology Services, Inc. has created launched ATS Aviation Services to focus on the needs of the aviation maintenance and parts industry.
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AE Materials Group Acquires Aircraft Fleet Management Firm
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.
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Accenture Launches Digital Portal for Product Developers
Accenture has launched a digital portal to support efforts by product developers and engineers to speed up delivery of products to market, while improving efficiencies.
Lufthansa to Pilot Use of Drones to Inspect Aircraft for Damage
Lufthansa, is teaming up with China's DJI Technology, the world's largest consumer drone company by revenue, but not in a way one might expect.
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SEKO Debuts Aerospace, Aviation Industry Vertical
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.
Working Without a Net: Emerging Market Compliance
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.
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Air France KLM Uses RFID Technology to Track Airplane Parts During Maintenance
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.
Exostar Launches New Service for Cybersecurity Risk Assessment
Exostar has released Partner Information Manager (PIM), a modular application that measures risk across a business’s extended supply chain.
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Defense Contractor Supplies Targets for U.S. Air Force Missiles
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).
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