On May 30, 2023, JPB Système, a leading cost- and time-saving aerospace and aeronautic technology solutions manufacturer, announced upgrading the functionality and accuracy of its Smart Washer device. This disruptive sealing technology, with its touchless and wireless measurement of bolt axial load, will likely improve MRO efficiencies by reducing the need to check the torque level manually.
On May 17, 2023,SPIROL announced the acquisition of Ford Aerospace Ltd.(the UK), which specializes in manufacturing high-precision metal components and sub-assemblies for the aerospace, industrial, and high-technology sectors. SPIROL has well well-established global footprint in Aerospace fasteners joining and assembly. The acquisition will enable Ford Aerospace to expand its products to a wider international market.
On Feb.11, 2021, the University of Sheffield Advanced Manufacturing Research Centre (AMRC) and LISI Aerospace (BAI UK) announced securing £975,000 ($1,365,000) in funding from the Aerospace Technology Institute (ATI) to enable machine learning-enabled fault detection to deliver on smart factory aerospace fasteners production line. This will further unlock productivity gains in new markets to reduce waste in the fastener industry by integrating Industry 4.0 technologies.
On Jun.10, 2021, Kennametal, a leader in advanced metallurgy, announced the development of a new technology for aerospace fastener hole drilling and countersinking in one step. The high-precision tool achieves tight tolerances in one operation and significantly reduces the cost per hole in aerospace applications. The HiPACS modular system is designed to be clamped in a standard hydraulic chuck, with three fast and easy-to-assemble components.
On Nov. 04, 2020, Sundram Fasteners Ltd. Announced its foray into the aerospace and defense sectors to ease SFL's dependence on its auto business, given the cyclical nature of the industry. The company has commenced operations in defense and aerospace to de-risk its business model to shelter it against the cyclical nature of the auto industry.
Key Companies in the Aerospace Fasteners Industry
- 3V Fasteners Company (US)
- TriMas (US)
- Alcoa Corporation (US)
- Arconic Inc (US)
- B&B SpecialtiesInc (US)
- Ho-Ho-Kus Inc (US)
- TFI Aerospace (Canada)
- The Boeing Company (US)
- National Aerospace Fasteners Corporation (Taiwan)
