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Sandvik to Acquire Chinese Round Tools Maker

Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.

AM Poised to Transform Aviation MRO Industry

Big things are happening in the aviation maintenance, repair and operations (MRO) market: the first industry-wide material allowables for metal additive manufacturing (AM) parts are anticipated to be released this autumn.

Aerospace Electrification Challenges, Opportunities

Over the last 30 years, the electrical power demand on aircraft has increased by a factor of 10. While the growth in aerospace E/E systems has introduced new challenges, it is also creating new opportunities.