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The Farnborough International Exhibition and Conference Centre this week plays host to Southern Manufacturing & Electronics, a trade show dedicated to advanced engineering and manufacturing solutions. As the home of engineering and manufacturing excellence in aviation, Farnborough is a fitting venue.
Like Southern Manufacturing & Electronics, the Farnborough International Airshow welcomes hundreds of supply chain business to the show that are involved in the production of aircraft. From machine tooling, composites, fabrication and metal forming to bearings and electrical systems, FIA plays hosts to over 1,500 exhibiting companies in the aviation supply chain.
They come to Farnborough because they know it is the place where the whole aerospace industry comes together. As much as it is a PR exercise for the tier 1 manufacturers, FIA is also the perfect environment to promote your business, network with potential customers and conclude deals.
During the 2016 Farnborough International Airshow, our analyst recorded over US$7billion worth of ‘other’ (not an aircraft or an engine) deals at the show. Notably, Esterline signed deals with Pilatus, the Finnish Air Force and Antonov to provide cockpit avionics equipment and Strata Manufacturing signed deals with Airbus and Boeing for components.
Enterprise Florida, which bought 11 small businesses to the show also reported US$10.5million in deals and estimated a further US$73.2million in projected export sales as a result of the being at Farnborough.
On this side of the Atlantic, Fareham-based Barnbrook Systems signed a contract at the show to supply its cutting-edge fuel switch to international aerospace, defence and security giant Leonardo-Finmeccanica for its class-leading AgustaWestland AW101 helicopter.
As well as firm deals, there were also a variety of agreements made across the supply chain reflecting future business opportunities. While no figures were announced for these agreements they reflect the importance for Farnborough as a place to meet and do business.
- Dowty Propellers signed agreements at the show with Xi’An Aircraft Company (a subsidiary of AVIC China) to provide propeller systems for its MA700 twin-engine, medium-range turboprop airliner currently under development.
- UTC Aerospace Systems and Fokker Technologies signed a new MOU which will see the two businesses working together to explore the development of integrated electrical solutions for more electric aircraft.
- Crane Aerospace were appointed by Woodard to provide proximity switches that will be used in Woodward’s thrust reverser actuation system on the A330 neo commercial jet with Rolls-Royce Trent 7000 engines.
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