July 4, 2016

July 4, 2016

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Viewpoint

What Brexit Means for Aerospace

By JOHN DOWDY

FARNBOROUGH 2016

The British Connection

By Angus Batey

FARNBOROUGH 2016

Forging Ahead

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Viewpoint

What Brexit Means for Aerospace

Following the seismic development of last month’s 52% vote for Britain to exit the European Union, there is speculation about what this might mean for the aerospace sector. Although the formal process for the UK.’s exit from the EU is yet to start, the markets are responding.

By JOHN DOWDY

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FARNBOROUGH 2016

The British Connection

London When it paid $2 billion to become the sole Tier 1 partner on the F-35 in 2001, the U.K. government was not just investing in military hardware; it was investing in its own industrial base. British companies will make an average 15% by value of every Joint Strike Fighter (JSF) built—not just the 138 jets the U.K. has committed to buy.

By Angus Batey

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FARNBOROUGH 2016

Forging Ahead

AW&ST: What is the strategy behind the company’s separation and its creation of Arconic? Kleinfeld: When I became CEO in early 2008,I gave a presentation to the board and said I see two Alcoas—one that is a commodity company and the other that is a high-tech company.
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FARNBOROUGH 2016

'Our Future Is Not Guaranteed'

AW&ST: Everybody is very curious about the new middle-of-the-market (MOM) sector. Is Boeing any closer to deciding what you are going to do there? Will it be one family or two? Muilenburg: Today that market is largely served by our existing product lines.
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FARNBOROUGH 2016

‘The Rules Are Clear’

AW&ST: Embraer is reportedly trying to bring the KC-390 and the E2 to the Farnborough Airshow. Since you announced your departure, will it also bring Fred Curado? Curado: The answer is a triple “yes.” We plan to bring the KC-390 to Farnborough.
JUNE 20-JULY 32016 JULY 18-312016