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...Melrose’s GKN aerospace business is a leading supplier of airframe structures for Airbus and Boeing, as well as engine components....
...The right government policy, standards and regulations,” said Russ Dunn, chief technical officer of GKN Aerospace....
...Melrose’s GKN aerospace business is a leading supplier of airframe structures for Airbus and Boeing, as well as of components to engine manufacturers....
...US Air and Space Forces’ education institution in Alabama....
...But despite being home to some of the biggest names in the aerospace supply chain — from Rolls-Royce’s aero-engines to GKN’s aerostructures business — there are challenges ahead....
...Following a series of smaller disposals and the demerger of its automotive business, Melrose is now focused on the GKN aerospace operation it acquired as part of its £8bn takeover of the UK engineering group...
...Melrose, whose GKN is a 4 per cent partner in the project, estimated the cash cost of the recall at £200mn....
...Listing the business means breaking up the historic GKN, which also owned an aerospace arm....
...Following a series of smaller disposals and last month’s demerger of its automotive business, Melrose is now focused on the GKN aerospace operation it acquired as part of its controversial £8bn takeover...
...Melrose is retaining ownership of GKN Aerospace, a leading “tier one” supplier of airframe structures and engine components for aerospace and defence companies including Airbus and US engine-maker Pratt...
...He was talking about aerospace and automotive supplier GKN, bought for £8bn in 2018 after a bad-tempered hostile takeover battle....
...Melrose is retaining ownership of GKN Aerospace, a leading supplier of airframe structures and engine components for aerospace and defence companies including Airbus and US engine-maker Pratt & Whitney....
...The Pentagon is already suffering through a domestic political firestorm as Tommy Tuberville, a Republican senator from Alabama, is holding up the Senate confirmation of top military officers....
...Melrose will retain ownership of GKN Aerospace, a leading “tier one” supplier of airframe structures and engine components for aerospace and defence companies including Airbus and Rolls-Royce....
...Combustion engine vehicles, for which GKN still makes many key parts, particularly drivetrains, are on the way out. The state of Melrose’s other main markets in aerospace are not much better....
...An example is GKN Aerospace of the UK, which is in two zero-emissions consortiums....
...In 2022, this month, by contrast, Melrose chief executive Simon Peckham said that “all options” were on the table for the future of the core aerospace business of GKN....
...It said on Tuesday that it expected an annual revenue growth rate of 7 per cent to 2030 for its GKN aerospace business....
...Peckham has previously said the group would consider a break-up of GKN, the aerospace, car parts and powder metallurgy business, when the time was right....
...Airbus plans to meet the higher output rates by increasing capacity at its existing industrial sites, including building a second final assembly line at its US operation in Mobile, Alabama....
...Sclater is the former general counsel at GKN, the UK aerospace and automotive group, and he became its chief financial officer in 2017, before taking up the same role at oil company Castrol, and then joining...
...Similar considerations also affected important decisions about the design of the rocket, as powerful senators such as Alabama’s Richard Shelby sought to protect the jobs tied to existing programmes in their...
...The new vessels will be built in Mobile, Alabama, in the Perth-based company’s new shipbuilding facility that was constructed with funds partly provided by the US Department of Defense....
...Once the restructuring is complete, future plans for GKN aerospace could include acquisitions, said Dilnot....
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