Business

July 9, 2012

Aerojet planning European space propulsion subsidiary

Aerojet, a GenCorp company, announced July 9 that it has entered the final planning of the formation of a European subsidiary to serve the needs of the European space industry.

The new company, European Space Propulsion, will use indigenous manufacturing and engineering talent to produce proven in-space thrusters and propulsion systems.

European Space Propulsion is planned to be based in Northern Ireland and work will be done in partnership with Thales Air Defense Limited in Belfast. Thales will provide world-class manufacturing, assembly and test capability. European Space Propulsion personnel plan to work with local government and academia to enable state-of-the-art research and development activities in advanced space propulsion. Engineering support services will be provided by Aerojet’s Redmond, Wash. operations.

The announcement marks the signing of a Memorandum of Understanding between Aerojet and Thales UK, enabling detailed planning to be completed for production, research and development and test facilities. With the continued support of authorities in Northern Ireland and the United Kindgom, as well as license approvals from the U.S. Department of State, construction activities are expected to begin in early fall. Initial operational capability is planned by year end.

“By forming a European subsidiary, we can best serve the needs of a growing worldwide space industry with state-of-the-art propulsion solutions,” said Aerojet Vice President of Business Development, Rick Yezzi. “We look forward to becoming a full participant in the European space community.”

Victor Chavez, CEO of Thales UK, added, “We are extremely pleased to provide our high precision, lean aerospace manufacturing capabilities for this exciting new venture. By working together, Aerojet and Thales UK plan to bring a leading space company to Northern Ireland.”




All of this week's top headlines to your email every Friday.


 
 

 

Headlines October 20, 2014

News: Navy grounds ‘Top Guns’ - The F/A-18s needs spare parts and in too many cases they’re being taken from brand new jets. This is a risk to national security and pilots’ lives.   Business: Boeing seeks revised schedule for U.S. aerial tanker - Boeing is revising its master schedule for developing the new U.S. Air Force...
 
 

News Briefs October 20, 2014

New military medical team to help with Ebola in U.S. Defense Secretary Chuck Hagel has ordered the military to prepare and train a 30-member medical support team that could provide short-term help to civilian health professionals if there are more Ebola cases in the United States. His spokesman, Rear Adm. John Kirby, says the team...
 
 

Dragon ‘fires up’ for flight

The Air Force and NATO are undergoing a cooperative development effort to upgrade the avionics and cockpit displays of AWACS aircraft belonging to the 552nd Air Control Wing at Tinker Air Force Base, Okla., and the NATO E-3 Sentrys from Geilenkirchen, Germany. The Diminishing Manufacturing Sources Replacement of Avionics for Global Operations and Navigation, otherwise...
 

 
Boeing photographs

Boeing-built X-37B successfully completes third flight

Unmanned spacecraft concludes record-setting 674-day mission   Boeing photograph A third mission of the Boeing-built X-37B Orbital Test Vehicle was completed on Oct. 17, 2014, when it landed and was recovered at Vandenberg...
 
 

Boeing concludes commercial crew space act agreement for CST-100/Atlas V

Boeing has successfully completed the final milestone of its Commercial Crew Integrated Capability Space Act Agreement with NASA. The work and testing completed under the agreement resulted in significant maturation of Boeing’s crew transportation system, including the CST-100 spacecraft and Atlas V rocket. NASA in July approved the Critical Design Review Board milestone for Boeing’...
 
 

AF to release small business research solicitations

The Air Force Small Business Innovation Research and Small Business Technology Transfer program office is set to release its fiscal year 2015 list of topics Oct. 22, on the SBIR/STTR website.  Small businesses and research institutions with expertise to address the topics’ technology challenges are encouraged to submit proposals. During 2014, the Defense Department SBIR...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>