Aviation Industry Corporation of China

Harbin, China

Aviation Industry Corporation of China

Harbin, China
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TORONTO, ONTARIO--(Marketwired - May 8, 2017) - Firan Technology Group Corporation (TSX:FTG) celebrates the first Chinese-built passenger jetliner completing its first flight on May 5, 2017 from Shanghai Pudong International Airport. The COMAC C919 is a narrow-body twin engine airliner being developed by Chinese aerospace manufacturer COMAC, to meet growing Chinese domestic air transportation demand, as well as for export sale globally. As of today, COMAC has received 570 orders from over 20 customers. FTG was selected as a supplier for the C919 aircraft in 2013 and signed a long term Supply Contract with AVIC's subsidiary - Shanghai Avionics Corp. (SAVIC) for Control Panel Assemblies in 2015. Under the Supply Contract, FTG will design, develop, manufacture and supply the Display Suite Control Panel Assemblies in FTG's facilities in Toronto, Canada and Tianjin, China. The Supply Contract covers a minimum of 1,440 production ship sets consisting of 9 control panel assemblies per set. "The COMAC C919 first flight is the biggest and most visible milestone in its development. We are very proud to be a part of it and I am sure the team at SAVIC and everyone involved in the program are equally proud as it is significant not only for China, but also the entire global aerospace industry," stated Brad Bourne, President and CEO, FTG Corporation. He added, "We realize there is still much work to do and we remain committed to making this program a success as we do with all activities at FTG with our focus on Operational Excellence." Shanghai Avionics Corporation (SAVIC) is a wholly-owned subsidiary of AVIC, incorporated and existing under the laws of People's Republic of China. Aviation Industry Corporation of China (AVIC) is a Chinese state-owned aerospace and defense company. FTG is an aerospace and defense electronics product and subsystem supplier to customers around the globe. FTG has two operating units: FTG Circuits is a manufacturer of high technology, high reliability printed circuit boards. Our customers are leaders in the aviation, defense, and high technology industries. FTG Circuits has operations in Toronto, Ontario, Chatsworth, California, Hudson, New Hampshire and a joint venture in Tianjin, China. FTG Aerospace manufactures illuminated cockpit panels, keyboards and sub-assemblies for original equipment manufacturers of aerospace and defense equipment. FTG Aerospace has operations in Toronto, Ontario, Chatsworth, California, Fort Worth, Texas and Tianjin, China. The Corporation's shares are traded on the Toronto Stock Exchange under the symbol FTG. This news release contains certain forward-looking statements. These forward-looking statements are related to, but not limited to, FTG's operations, anticipated financial performance, business prospects and strategies. Forward-looking information typically contains words such as "anticipate", "believe", "expect", "plan" or similar words suggesting future outcomes. Such statements are based on the current expectations of management of the Corporation and inherently involve numerous risks and uncertainties, known and unknown, including economic factors and the Corporation's industry, generally. The preceding list is not exhaustive of all possible factors. Such forward-looking statements are not guarantees of future performance and actual events and results could differ materially from those expressed or implied by forward-looking statements made by the Corporation. The reader is cautioned to consider these and other factors carefully when making decisions with respect to the Corporation and not place undue reliance on forward-looking statements. Other than as may be required by law, FTG disclaims any intention or obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise. Additional information can be found at the Corporation's website www.ftgcorp.com.

News Article | April 30, 2017
Site: news.yahoo.com

FILE PHOTO: Officials of Aviation Industry Corporation of China (AVIC) unveil the newly-made nose of amphibious aircraft AG600, during a ceremony at a factory in Chengdu, Sichuan province March 17, 2015. REUTERS/China Daily BEIJING (Reuters) - China's domestically developed AG600, the world's largest amphibious aircraft, took its maiden flight ahead of schedule on Saturday from the southern city of Zhuhai, according to the official Xinhua news agency. The AG600 was designed to extinguish forest fires and carry out rescue missions at sea, Xinhua said on Saturday, adding that it could also "be used to monitor and protect the ocean." The seaplane's maiden flight comes amid China's increasing assertiveness to its territorial claims in the disputed South China Sea where it is building airfields and deploying military equipment, rattling nerves in the Asia-Pacific region and the United States. China is in the midst of a massive military modernization program, ranging from testing anti-satellite missiles to building stealth fighters and the country's first indigenous aircraft carrier, to add to an existing one bought from Ukraine. Xinhua initially reported in March that the AG600 would take its maiden flight in late May. For more news videos visit Yahoo View, available now on iOS and Android.

News Article | May 5, 2017
Site: globenewswire.com

Dublin, May 05, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "3D Printing 2017-2027: Technologies, Markets, Players" report to their offering. This report discusses all of the commercially-significant existing technologies and promising emerging technologies in depth, and analyses both the current and future markets for 3D printing. The market structure is also detailed, and we present profiles of the major players together with insights gained from in-depth interviews with a range of companies involved in 3D printing. We also present detailed forecasts for the future of the 3D printing market. The following technologies are covered in detail including lists of all major vendors for each technology type and SWOT analyses with quantitative data and references to vendors: - Stereolithography - Digital Light Processing - Inkjetted photopolymers - Thermoplastic extrusion - Selective Laser Sintering of plastics - Selective Laser Melting of metals - Blown metal powder - Welding - Sand binding - Binder jetted into metal powder (by ExOne) - Smooth Curvature Printing (by Solidscape) - Selective Deposition Lamination (by Mcor Technologies) - Hybrid CNC The aerospace industry, an established end user of 3D printing, has the highest growth rate of any end user industry. The trillion dollar oil and gas industry is an emerging user of 3D printing with the second highest forecast growth. When significant penetration has occurred into the above markets, 3D printing in these big industries will lock into the capital expenditure cycles associated with them, and, as is the case for other CNC machines, periodic fluctuations in sales will occur -growth will not be steady and monotonic. Over 90 3D printing companies are profiled, and the report is also informed by interviews with companies and institutions throughout the value chain. Key Topics Covered: 1. EXECUTIVE SUMMARY 1.1. Executive summary: geographic breakdown 1.2. Executive summary: market forecast 1.3. Executive summary: challenges 2. INTRODUCTION 2.1. 3D Printing is... 2.2. Advantages of 3D printing: rapid prototyping 2.3. Advantages of 3D printing: price 2.4. Advantages of 3D printing: design freedom 2.5. Advantages of 3D printing: more... 2.6. A brief history of 3D printing 2.7. Emergence of consumer-level 3D printing 2.8. Value chains: vendor lock-in 2.9. Value chains: free market materials 2.10. Value chain determines material prices 2.11. Broad spectrum 3. KEY DRIVERS AND RESTRAINTS 3.1. Drivers 3.2. Restraints 4. PRINTING PROCESSES AND MATERIALS 4.1. The main process-material relationships 4.2. Welding 4.3. Welding: key players 4.4. Welding: equipment costs 4.5. Welding: SWOT analysis 4.6. Blown powder 4.7. Blown powder: key players 4.8. Blown powder: equipment costs 4.9. Directed Energy Deposition 4.10. Selective laser melting 4.11. Selective laser melting: key players 4.12. Selective laser melting: SWOT analysis 4.13. Electron beam melting 4.14. Electron beam melting: key players 4.15. Electron beam melting: SWOT analysis 4.16. Metal+binder 4.17. Metal+binder: key players 4.18. Metal + Binder 4.19. Sand+binder 4.20. Sand+binder: key players 4.21. Sand + Binder 4.22. Selective laser sintering 4.23. Selective laser sintering: key players 4.24. Selective laser sintering: equipment cost 4.25. SLS 4.26. Thermoplastic extrusion 4.27. Thermoplastic extrusion: Key Players 4.28. Thermoplastic extrusion: Machine prices 4.29. Thermoplastic extrusion: Build volume 4.30. Thermoplastic extrusion: Build speed 4.31. Extrusion (FDM/FFF/TPE) 4.32. Stereolithography (SLA) 4.33. Digital Light Processing (DLP) 4.34. SLA/DLP: key players 4.35. Vat Photopolymerisation: equipment cost 4.36. Vat Photopolymerisation (SLA/DLP) 4.37. Material Jetting 4.38. Material Jetting: key players 4.39. Material Jetting 4.40. Smooth curvature printing 4.41. Smooth curvature printing: key players 4.42. Smooth curvature printing: SWOT analysis 4.43. Selective Deposition Lamination (SDL) 4.44. Selective Deposition Lamination: key players 4.45. Selective Deposition Lamination: equipment cost 4.46. Selective Deposition Lamination: SWOT analysis 4.47. Hybrid CNC 5. MARKET STRUCTURE 5.1. Main players 5.2. Market breakdown by technology 5.3. Market breakdown by industry 6. MARKET ANALYSIS 6.1. Machine prices by printing process 6.2. Build volumes by printing process 6.3. Precision by printing process 6.4. Price vs speed 6.5. Price vs precision 6.6. Price vs Volume 6.7. Volume vs precision 6.8. Volume vs speed 7. APPLICATIONS 7.1. Aerospace: Aviation Industry Corporation of China (AVIC) 7.2. Aerospace: GE fuel nozzles 7.3. KySat-2 7.4. SULSA 7.5. Architecture: Adrian Priestman 7.6. Jewelry: prototype and production 7.7. Art: Strandbeests 7.8. Movie props 7.9. Clothing: N12 bikini 7.10. Education: brain surgery 7.11. Hobbyist: tooling, toys and puzzles 7.12. CSI: reconstructing crime scenes 7.13. Orthopaedics 7.14. Prototyping: Disney's AIREAL 7.15. Sport: fencing sword hilts 7.16. Consumer: Crayon Creatures 8. FORECASTS 8.1. Market forecasts: background information 8.2. Market forecast: market value by industry 8.3. Market forecast: market share by industry 8.4. Market forecast: growth by industry 8.5. Market forecast: value by technology 8.6. Market forecast: value by revenue stream 8.7. Market forecast: by printer price 9. COMPANY PROFILES 9.1. 3D Ceram 9.2. 3D Systems Europe 9.3. 3Dponics 9.4. Advanc3d Materials 9.5. Advanced Powders and Coatings 9.6. AgIC 9.7. Arcam 9.8. Arcam AB 9.9. Arevo Labs 9.10. Argen Corporation 9.11. Beijing Jiruixintian Technology Co., Ltd. 9.12. Beijing Tiertime Technology Co Ltd 9.13. Biobots 9.14. Blacktrace Holdings Ltd 9.15. BluePrinter ApS 9.16. BMW 9.17. Boeing 9.18. BotFactory 9.19. Canatu 9.20. Carima Ltd 9.21. Cartesian Co 9.22. Chemcubed 9.23. Concept Laser GMBH 9.24. Cookson Precious Metals 9.25. CRP Group 9.26. Digilab Inc. 9.27. DSM Somos 9.28. Dyson 9.29. Efesto LLC 9.30. envisionTEC Gmbh 9.31. EOS GmbH 9.32. EPSRC 9.33. Evonik 9.34. Exceltec 9.35. Fabrisonic LLC 9.36. Ford Motor Company 9.37. Formlabs 9.38. Fraunhofer IWU 9.39. Fripp Design Ltd 9.40. Graphene 3D Lab 9.41. Heraeus New Businesses 9.42. HÖGANÄS 9.43. Impossible Objects 9.44. Leapfrog 3D Printers 9.45. Legor Group 9.46. Lockheed Martin 9.47. Lomiko Metals 9.48. LPW Technology Ltd 9.49. Luxexcel 9.50. Maker Juice 9.51. Materialise 9.52. MaukCC 9.53. MesoScribe Technologies 9.54. MicroFab 9.55. n3D Biosciences, Inc. 9.56. Nano Dimension 9.57. The NanoSteel Company 9.58. Nascent Objects, Inc 9.59. NinjaFlex (Fenner Drives) 9.60. Norsk Titanium 9.61. nScrypt 9.62. Optomec 9.63. Orbital Composites 9.64. Organovo Holdings, Inc. 9.65. Oxford Performance Materials 9.66. Photocentric 9.67. Poietis 9.68. Rahn AG 9.69. Realizer GmbH 9.70. Reebok International 9.71. regenHU Ltd 9.72. RepRap Professional Limited 9.73. Ricoh 9.74. Roland DGA Corporation 9.75. Sandvik 9.76. Sciaky Inc. 9.77. Sinterit Sp. z o.o. 9.78. Sintratec AG 9.79. Solidscape 9.80. Star Prototype 9.81. Stratasys 9.82. Taulman3D 9.83. TeVido BioDevices 9.84. The ExOne Company 9.85. TLC Korea 9.86. Toner Plastics Inc. 9.87. Viridis 3D 9.88. Volvo Construction Equipment 9.89. Voxel8 9.90. Voxeljet Technology GmbH 9.91. Wanhao 9.92. ZMorph For more information about this report visit http://www.researchandmarkets.com/research/xgcphj/3d_printing

News Article | May 15, 2017
Site: www.businesswire.com

SHANGHAI--(BUSINESS WIRE)--Parker Aerospace, a business segment of Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, is proud to support and celebrate the first flight of the C919 aircraft, the largest commercial passenger aircraft designed and built inside China. The first flight of the COMAC C919 took place Friday, May 5, 2017 in Shanghai, China. Parker Aerospace is providing flight control actuation, hydraulics, fuel, and inerting on the new C919. Parker is providing the three independent hydraulic systems, the primary flight control system including the horizontal tail trim system, the fuel gauging and management system, fuel tank inerting system, and landing gear conveyance. A total of more than 60 types of components make up Parker’s systems and subsystems on the C919. All have been conformity processed and safety-of-flight qualified prior to the aircraft’s overall flight testing. "Parker is committed to the aerospace market in China,” said Mark Seidel, group vice president of strategic business integration at Parker Aerospace. “Along with our key joint venture partners AVIC NEIAS and AVIC FACRI, we are investing for the future success of programs like COMAC C919 and ARJ-21 as well as AVIC XAC's MA700 aircraft where Parker has large bills of material. Parker’s joint ventures will support these and future aerospace programs in China for many years to come." In further support of the aircraft, Parker has formed two joint ventures with the Aviation Industry Corporation of China (AVIC) in Nanjing and Xi’an. NEIAS Parker Aero Systems Equipment (NPASE), provides engineering, manufacturing, assembly, and testing for fuel supply and management, fuel tank inerting, and hydraulic power products and service for the C919, as well as the ARJ21 and MA700. The joint venture features a center-of-excellence machining center with a special processing shop. Parker FACRI Actuation Systems in Xi’an provides engineering support, final assembly, and testing for flight control products for the C919, ARJ21, and MA700. The joint venture also features a FAA 145 and CAAC 145-certified maintenance, repair, and overhaul shop that services Parker Aerospace products, as well as those manufactured by other companies. About Parker Aerospace. Parker Aerospace is a global leader in the research, design, integration, manufacture, certification, and lifetime service of flight control, hydraulic, fuel and inerting, fluid conveyance, thermal management, lubrication, and pneumatic systems and components for aerospace and other high-technology markets. The company supports the world’s aircraft manufacturers, providing a century of experience and innovation for commercial and military aircraft. About Parker Hannifin. Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For 100 years the company has engineered the success of its customers in a wide range of diversified industrial and aerospace markets. Learn more at www.parker.com or @parkerhannifin.

News Article | May 24, 2017
Site: co.newswire.com

China has developed leading UAV technology, which is more advanced than that of US in a few fields. However, if China is to remain its juicy market share in consumer drones, the transition from functional drones to intelligent drones is necessary. Chinese consumer drone companies have been pace-setters in recent years, taking up more than 70% of global market share. Chinese military UAVs are also making significant progress. Swarm intelligence is the key to military artificial intelligence. In a recent flight experiment, the quantity of swarm fixed-wing UAV has reached 67, while the record was kept by US Navy at 50. This marks a significant breakthrough of China. It also means China has entered the first tier of UAV technology. China has developed leading UAV technology, which is more advanced than that of US in a few fields. However, if China is to remain its juicy market share in consumer drones, the transition from functional drones to intelligent drones is necessary. Shenzhen produces 70% consumer drones in the world. Giant like DJI and Zero Tech, or UAV start-ups like JTT Technology, all rely on the mature electronic industry chain and government’s “Made in China 2025” strategy. The strategy is also beneficial to industrial drones. T60pro, JTT industrial level UAV, has longer flight time and bigger payload capacity than US Predator UAV. Just in Aviation Industry Corporation of China, there are five crucial UAV lines including Long, Ying, Yiing, Bing and unmanned helicopter. In the 2016 Zhuhai Airshow, this company displayed their latest MagLev aircraft, which took an appearance of UFO in Sci-fi movies. President Yang JIncai commented: “The manufacture of hardware and other industries are faced with the fourth industrial revolution.” Chinese corporations should make best of their advantages in software engineering and manufacture of intelligent hardware. UAVs are the phosphor of “Made in China 2025”, requiring integration of more technologies including AI, VR and AR. Multiple cooperation is also needed to further the industry development.

News Article | May 23, 2017
Site: www.gizmag.com

The "fly away" cost of a General Atomics MQ-9 Reaper is currently in the vicinity of $17 million, compared to an estimated price of roughly 10 percent of that figure for the Chinese CASC CH-4 (China Aerospace Science and Technology Corporation's Clever Hawk 4) combat UAV (Credit: General Atomics) The announcement that testing of GBU-38 JDAM guided-bombs delivered using the American hunter-killer MQ-9 Reaper UAV got underway this month didn't make a lot of general news coverage, but it is a reminder that drone warfare is getting much cheaper and far more precise. At US$20,000 each, the GBU-38 costs just a fraction of the $110,000 AGM-114 Hellfire missile which the MQ-9 currently delivers, with the additional strength that it can be used in inclement weather. The reason the AGM-114 Hellfire missiles cannot be used in bad weather is that they rely on laser-guidance to the target, and this needs to be done by the opto-electronics of the firing aircraft, or "painting the target" by another airborne designator or ground-based troops. Without visibility, the Hellfire cannot home in on the reflected laser beam aimed at the target. The GBU-38 bomb, unlike the two main current weapons deployed by the MQ-9 Reaper UAV (the laser-guided GBU-12 bomb and Hellfire missile), employs GPS to find its target and hence can be fired "blind" through cloud, rain or fog with remarkable accuracy. The GBU-38 is a $2000 general-purpose, 500 pound, Mk 82 dumb bomb with an $18,000 guidance system fitted, turning it into a surgically-accurate weapon delivering 192 pounds (89 kg) of Tritonal high explosive from a range of up to 15 miles (24 km). That 15 mile range is in addition to the MQ-9 Reaper's range of 1,150 miles (1,850 km), making it ideal for loitering above the battlefield for hours, while providing surveillance, then striking when a target is identified. Other than accuracy in bad weather and cost, another advantage of using the GBU-38 is that its load time is almost half that of the currently used GBU-12 and Hellfire weapons, enabling the Reaper to get into the air some 15 minutes quicker. Given that rapid deployment to hit targets that might only be available for a short window of time is a huge advantage, the new weapon will significantly add to the warfighter's toolbox. Some observers liken the rapid development of drones during the Iraq war to the evolution of the aircraft as a weapon of war during WW1. When the first World War began, aircraft were seen primarily as sources of ISR (Intelligence, Surveillance and Reconnaissance) but within four years, the attack capabilities of aircraft had changed war forever. When the Iraq war began in 2003, America had just a handful of "drones," but within a decade it had more than 10,000 pilotless aircraft in the arsenal and though the General Atomics MQ-9 only makes up a few hundred of those UAVs, it is both highly cost-efficient and lethal. Indeed, so attractive is the MQ-9 Reaper that there are now Chinese copies hitting the marketplace in the form of the CASC CH-4 (China Aerospace Science and Technology Corporation's Clever Hawk 4) UAV. Another Chinese state-owned company, Aviation Industry Corporation of China (AVIC) makes and sells a UAV which is also remarkably similar to the Reaper's bigger brother, the MQ-1. AVIC's Wing Loong II UAV was first shown in late 2016 at the Zuhai Air Show and is no doubt destined for international usage as its predecessor, the Wing Loong I, has already been sold to Egypt, Saudi Arabia, the United Arab Emirates, Nigeria, Uzbekistan and Kazakhstan, with Pakistan reportedly interested in acquiring the new model. As with many other Chinese products, the cost of manufacture in China means a far more reasonable price tag. The "fly away" cost of an MQ-9 Reaper is currently in the vicinity of $17 million, compared to an estimated price of roughly 10 percent of that figure for the CH-4. Indeed, at such prices, it's quite conceivable that both sides of any conflict will have genuine combat UAVs in the near future, rather than military-grade unmanned systems versus kludged armed civilian drones.

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