“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.
Tag "aerospace"
February 28
15:07
2019
Revenue increased “due to higher demand levels for more complex fasteners.”
November 08
21:19
2018
“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.”
November 01
10:49
2018
“Increased demand more than offset the impact of the decision to exit less profitable machined components.”
August 07
18:48
2018
If a deal is reached, Arconic would become the second major aerospace fastener supplier to be acquired in recent months.
August 01
00:02
2018
Organic revenue was up 6%, “driven by volume growth in aerospace engines and defense.”
May 08
03:16
2018
“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.
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.”
April 27
09:19
2018
“During the quarter, we captured increased end market demand through our refocused commercial efforts,” stated CEO Thomas Amato.
February 28
13:05
2018
Overall TriMas sales increased 3% to $817.7 million in 2017, with operating profit growing to $88.5 million.
January 04
10:48
2018
New welding method could make next generation metals more viable for the aerospace and automotive industry, MnetNews reports.
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."
November 08
13:50
2017
MW Aerospace Solutions is a new brand linking four companies: Atlantic Spring, BellowsTech, Helical, and Servometer.
July 10
22:00
2017
Established in 1962, Space-Lok designs and manufactures internally and externally threaded fasteners and component mechanisms for all sectors of the aerospace industry.
June 12
12:46
2017
Massachusetts Senator Elizabeth Warren called for an investigation into the aircraft components supplier’s government contracts, Reuters reports.
April 25
21:02
2017
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.
January 17
00:31
2017
Ratcliffe started his career with Rexnord/Fairchild Specialty Fasteners Div.
January 16
00:29
2017
Based in Clinton Township, MI, KUKA Aero integrates new robotic technologies used in aerospace assembly, and provides automation solutions and engineering to the aerospace industry.
January 16
00:27
2017
The company said these new program awards represented “significant market share gains” and are initially valued at approximately $300 million in the aggregate.
December 14
00:02
2016
Arconic to supply 3D printed nickel and titanium parts for Airbus airplanes under two new agreements.
