An aerospace manufacturer is a company or individual involved in the various aspects of designing , building, testing, selling, and maintaining aircraft , aircraft parts , missiles , rockets , or spacecraft . Aerospace is a high technology industry.
49-560: Glasair Aviation USA, LLC is a Chinese-owned aircraft manufacturer based in Arlington, Washington that produces the Glasair and Sportsman 2+2 line of homebuilt aircraft . More than 3000 Glasair kits have been delivered worldwide. Tom Hamilton began flight testing the Glasair TD and founded Stoddard-Hamilton Aircraft in 1979. Glasair Aviation was formed in 2001 when Thomas W. Wathen purchased
98-404: A family, like child care work, or actual habitual daily labour that is not monetarily rewarded, like working the fields. Unpaid workers have zero earnings , and although their work is valuable, it is hard to estimate its true value. The controversial debate still stands. Men and women tend to work in different areas of the economy, regardless of whether their work is paid or unpaid. Women focus on
147-820: A government body. This term has been largely subsumed by the more encompassing term: " aerospace industry". In 2015 the aircraft production was worth US$ 180.3 billion: 61% airliners , 14% business and general aviation , 12% military aircraft , 10% military rotary wing and 3% civil rotary wing; while their MRO was worth $ 135.1 Bn or $ 315.4 Bn combined. The global aerospace industry was worth $ 838.5 billion in 2017: aircraft & engine OEMs represented 28% ($ 235 Bn), civil & military MRO & upgrades 27% ($ 226 Bn), aircraft systems & component manufacturing 26% ($ 218 Bn), satellites & space 7% ($ 59 Bn), missiles & UAVs 5% ($ 42 Bn) and other activity, including flight simulators , defense electronics, public research accounted for 7% ($ 59 Bn). The Top 10 countries with
196-422: A similar alliance with either Embraer with its E-jet E2 or Mitsubishi Heavy Industries and its MRJ . On 21 December, Boeing and Embraer confirmed to be discussing a potential combination with a transaction subject to Brazilian government regulators, the companies' boards and shareholders approvals. The weight of Airbus and Boeing could help E2 and CSeries sales but the 100-150 seats market seems slow. As
245-508: A special program to restore U.S. competitiveness across all U.S. industries, Project Socrates , contributed to employment growth as the U.S. aerospace industry captured 72 percent of world aerospace market. By 1999 U.S. share of the world market fell to 52 percent. In the European Union , aerospace companies such as Airbus , Safran , BAE Systems , Thales , Dassault , Saab AB , Terma A/S , Patria Plc and Leonardo are participants in
294-456: Is Japan ), strong transportation infrastructure (#5, #1 is Hong Kong ), a healthy economy (#10, #1 is China ), but high costs (#7, #1 is Denmark ) and average tax policy (#36, #1 is Qatar ). Following were Canada , Singapore , Switzerland and United Kingdom . Within the US, the most attractive was Washington state , due to the best Industry (#1), leading Infrastructure (#4, New Jersey
343-403: Is #1) and Economy (#4, Texas is #1), good labor (#9, Massachusetts is #1), average tax policy (#17, Alaska is #1) but is costly (#33, Montana is #1). Washington is tied to Boeing Commercial Airplanes , earning $ 10.3 billion, is home to 1,400 aerospace-related businesses, and has the highest aerospace jobs concentration. Following are Texas, Georgia , Arizona and Colorado . In the US,
392-503: Is always unstructured and unregulated. Formal employment is more reliable than informal employment. Generally, the former yields higher income and greater benefits and securities for both men and women. The contribution of informal labourers is immense. Informal labour is expanding globally, most significantly in developing countries . According to a study done by Jacques Charmes, in the year 2000 informal labour made up 57% of non-agricultural employment, 40% of urban employment, and 83% of
441-741: Is an overall larger source of employment for females than it is for males. Women frequent the informal sector of the economy through occupations like home-based workers and street vendors . The Penguin Atlas of Women in the World shows that in the 1990s, 81% of women in Benin were street vendors, 55% in Guatemala, 44% in Mexico, 33% in Kenya, and 14% in India. Overall, 60% of women workers in
490-543: Is any sort of employment that is structured and paid in a formal way. They are paid formally using payrolls paper, electronic card and alike. Unlike the informal sector of the economy, formal labour within a country contributes to that country's gross national product . Informal labour is labour that falls short of being a formal arrangement in law or in practice. Labour inherit may come as formal or non-formal , an employee old enough but below retirement age bracket passing on to his children. It can be paid or unpaid and it
539-511: Is based. Several consolidations took place in the aerospace and defense industries over the last few decades. Airbus prominently illustrated the European airliner manufacturing consolidation in the late 1960s. Between 1988 and 2010, more than 5,452 mergers and acquisitions with a total known-value of US$ 579 billion were announced worldwide. In 1993, then United States Secretary of Defense Les Aspin and his deputy William J. Perry held
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#1733085111764588-545: Is often compounded by their lack of access to credit and financial liquidity compared to larger businesses . A farmworker , farmhand or agricultural worker is someone employed for labor in agriculture. In labor law, the term "farmworker" is sometimes used more narrowly, applying only to a hired worker involved in agricultural production, including harvesting, but not to a worker in other on- farm jobs, such as picking fruit. Agricultural work varies widely depending on context, degree of mechanization and crop. In countries like
637-471: Is the successor company to numerous British aircraft manufacturers which merged throughout the second half of the 20th century. Many of these mergers followed the 1957 Defence White Paper . Marconi Electronic Systems , a subsidiary of the General Electric Company plc , was acquired by British Aerospace for US$ 12.3 billion in 1999 merger, to form BAE Systems . In 2002, when Fairchild Dornier
686-574: The A320 . Tier 1 consolidation also affects engine manufacturers : GE Aerospace acquired Avio in 2013 and Rolls-Royce took control of ITP Aero . Workforce In macroeconomics, the workforce or labour force is the sum of those either working (i.e., the employed) or looking for work (i.e., the unemployed): Labour force = Employed + Unemployed {\displaystyle {\text{Labour force}}={\text{Employed}}+{\text{Unemployed}}} Those neither working in
735-500: The Airbus A380 , less than 100 major suppliers outsource 60% of its value, even 80% on the A350 . Boeing embraced an aggressive Tier 1 model for the 787 but with its difficulties began to question why it was earning lower margins than its suppliers while it seemed to take all the risk, ensuing its 2011 Partnering for Success initiative, as Airbus initiated its own Scope+ initiative for
784-567: The Bombardier Global Express pioneered the "Tier 1" supply chain model inspired by automotive industry , with 10-12 risk-sharing limited partners funding around half of the development costs. The Embraer E-Jet followed in the late 1990s with fewer than 40 primary suppliers. Tier 1 suppliers were led by Honeywell , Safran , Goodrich Corporation and Hamilton Sundstrand . In the 2000s, Rolls-Royce reduced its supplier count after bringing in automotive supply chain executives. On
833-474: The CSeries partnership between Airbus and Bombardier Aerospace could trigger a daisy chain of reactions towards a new order. Airbus gets a new, efficient model at the lower end of the narrowbody market which provides the bulk of airliner profits and can abandon the slow selling A319 while Bombardier benefits from the growth in this expanded market even if it holds a smaller residual stake. Boeing could forge
882-703: The Department of Defense and NASA are the two biggest consumers of aerospace technology and products. The Bureau of Labor Statistics of the United States reported that the aerospace industry employed 444,000 wage and salary jobs in 2004, many of which were in Washington and California, this marked a steep decline from the peak years during the Reagan Administration when total employment exceeded 1,000,000 aerospace industry workers. During that period of recovery
931-533: The US , European countries, and Japan ) to developing countries in Asia (such as China , Vietnam , and India ), Mexico and Central America . This is because companies search for the cheapest locations to manufacture and assemble components, so low-cost labor-intensive parts of the manufacturing process are shifted to the developing world where costs are substantially lower. But not only manufacturing processes are shifted to
980-541: The service sector , while men focus on the industrial sector . Women usually work fewer hours in income generating jobs than men do. Often it is housework that is unpaid. Worldwide, women and girls are responsible for a great amount of household work. The Penguin Atlas of Women in the World, published in 2008, stated that in Madagascar, women spend 20 hours per week on housework, while men spend only two. In Mexico, women spend 33 hours and men spend 5 hours. In Mongolia
1029-503: The "Last Supper" at the Pentagon with contractors executives who were told that there were twice as many military suppliers as he wanted to see: $ 55 billion in military–industry mergers took place from 1992 to 1997, leaving mainly Boeing , Lockheed Martin , Northrop Grumman and Raytheon . Boeing bought McDonnell Douglas for US$ 13.3 billion in 1996. Raytheon acquired Hughes Aircraft Company for $ 9.5 billion in 1997. BAE Systems
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#17330851117641078-489: The "old" international division of labor, until around 1970, underdeveloped areas were incorporated into the world economy principally as suppliers of minerals and agricultural commodities. However, as developing economies are merged into the world economy, more production takes place in these economies. This has led to a trend of transference, or what is also known as the " global industrial shift ", in which production processes are relocated from developed countries (such as
1127-693: The CSeries, renamed A220, and E-jet E2 are more capable than their predecessors, they moved closer to the lower end of the narrowbodies . In 2018, the four Western airframers combined into two within nine months as Boeing acquired 80% of Embraer's airliners for $ 3.8 billion on July 5. On April 3, 2020, Raytheon and United Technologies Corporation (except Otis Worldwide , leaving Rockwell Collins and engine maker Pratt and Whitney ) merged to form Raytheon Technologies Corporation , with combined sales of $ 79 billion in 2019. The most prominent unions between 1995 and 2020 include those of Boeing and McDonnell Douglas;
1176-818: The French, German and Spanish parts of EADS; and United Technologies with Rockwell Collins then Raytheon, but many mergers projects did not went through: Textron-Bombardier, EADS-BAE Systems, Hawker Beechcraft-Superior Aviation, GE-Honeywell, BAE Systems-Boeing (or Lockheed Martin), Dassault-Aerospatiale, Safran-Thales, BAE Systems-Rolls-Royce or Lockheed Martin–Northrop Grumman. The largest aerospace suppliers are United Technologies with $ 28.2 billion of revenue, followed by GE Aviation with $ 24.7 billion, Safran with $ 22.5 billion, Rolls-Royce Holdings with $ 16.9 billion, Honeywell Aerospace with $ 15.2 billion and Rockwell Collins including B/E Aerospace with $ 8.1 billion. Electric aircraft development could generate large changes for
1225-695: The Glasair assets from bankrupt Stoddard-Hamilton Aircraft, Inc. and signed an agreement with Arlington Aircraft Development, Inc. (AADI) to buy all rights to and assets of the GlaStar model. In July 2012 the company was sold to the Jilin Hanxing Group, which formed a new company Glasair Aircraft USA, LLC. The company indicated that it intended to certify the Glastar design and otherwise retain production in Arlington, Washington. Its chairman said that purchasing Glasair
1274-1085: The United States ( Boeing ), Montreal and Toronto in Canada ( Bombardier , Pratt & Whitney Canada ), Toulouse and Bordeaux in France ( Airbus , Dassault , ATR ), Seville in Spain and Hamburg in Germany ( Airbus ), the North-West of England and Bristol in Britain ( Airbus and AgustaWestland ), Komsomolsk-on-Amur and Irkutsk in Russia ( Sukhoi , Beriev ), Kyiv and Kharkiv in Ukraine ( Antonov ), Nagoya in Japan ( Mitsubishi Heavy Industries Aerospace and Kawasaki Heavy Industries Aerospace ), as well as São José dos Campos in Brazil where Embraer
1323-419: The United States where there is a declining population of American citizens working on farms — temporary or itinerant skilled labor from outside the country is recruited for labor-intensive crops like vegetables and fruits. Paid and unpaid work are also closely related with formal and informal labour. Some informal work is unpaid, or paid under the table. Unpaid work can be work that is done at home to sustain
1372-506: The aerospace suppliers. On 26 November 2018, United Technologies announced the completion of its Rockwell Collins acquisition, renaming systems supplier UTC Aerospace Systems as Collins Aerospace , for $ 23 billion of sales in 2017 and 70,000 employees, and $ 39.0 billion of sales in 2017 combined with engine manufacturer Pratt & Whitney . Before the 1980s/1990s, aircraft and aeroengine manufacturers were vertically integrated . Then Douglas aircraft outsourced large aerostructures and
1421-450: The company web sites states that it is taking limited orders for possible fulfilment in 2023. Aircraft manufacturer The aircraft industry is the industry supporting aviation by building aircraft and manufacturing aircraft parts for their maintenance . This includes aircraft and parts used for civil aviation and military aviation . Most production is done pursuant to type certificates and Defense Standards issued by
1470-560: The developing world are employed in the informal sector. The specific percentages are 84% and 58% for women in Sub-Saharan Africa and Latin America respectively. The percentages for men in both of these areas of the world are lower, amounting to 63% and 48% respectively. In Asia, 65% of women workers and 65% of men workers are employed in the informal sector. Globally, a large percentage of women that are formally employed also work in
1519-403: The developing world. The growth of offshore outsourcing of IT-enabled services (such as offshore custom software development and business process outsourcing ) is linked to the availability of large amounts of reliable and affordable communication infrastructure following the telecommunication and Internet expansion of the late 1990s. [REDACTED] This article incorporates text from
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1568-513: The global aerospace industry and research effort. In Russia , large aerospace companies like Oboronprom and the United Aircraft Corporation (encompassing Mikoyan , Sukhoi , Ilyushin , Tupolev , Yakovlev , and Irkut , which includes Beriev ) are among the major global players in this industry. Important locations of the civil aerospace industry worldwide include Seattle , Wichita, Kansas , Dayton, Ohio and St. Louis in
1617-512: The global workforce grew from 1.2 to 2.9 billion people. According to a 2012 report by the McKinsey Global Institute, this was caused mostly by developing nations, where there was a "farm to factory" transition. Non-farming jobs grew from 54 percent in 1980 to almost 73 percent in 2010. This industrialization took an estimated 620 million people out of poverty and contributed to the economic development of China, India and others. Under
1666-466: The housework hours amount to 27 and 12 for women and men respectively. In Spain, women spend 26 hours on housework and men spend 4 hours. Only in the Netherlands do men spend 10% more time than women do on activities within the home or for the household. The Penguin Atlas of Women in the World also stated that in developing countries, women and girls spend a significant amount of time fetching water for
1715-731: The informal sector behind the scenes. These women make up the hidden work force. According to a 2021 FAO study, currently, 85 per cent of economic activity in Africa is conducted in the informal sector where women account for nearly 90 per cent of the informal labour force. According to the ILO 's 2016 employment analysis, 64 per cent of informal employment is in agriculture (relative to industry and services) in sub-Saharan Africa. Women have higher rates of informal employment than men with 92 per cent of women workers in informal employment versus 86 per cent of men. Formal and informal labour can be divided into
1764-410: The labour force = Employed + Unemployed + Out of the labour force = Total Population − People who can not work {\displaystyle {\begin{aligned}{\text{Noninstitutional civilian population}}&={\text{Labour force}}+{\text{Out of the labour force}}\\&={\text{Employed}}+{\text{Unemployed}}+{\text{Out of
1813-430: The labour force). Stated otherwise, the noninstitutional civilian population is the total population minus people who cannot or choose not to work (children, retirees, soldiers, and incarcerated people). The noninstitutional civilian population is the number of people potentially available for civilian employment. Noninstitutional civilian population = Labour force + Out of
1862-531: The labour force}}\\&={\text{Total Population}}-{\text{People who can not work}}\end{aligned}}} The labour force participation rate is defined as the ratio of the civilian labour force to the noninstitutional civilian population. Labour force participation rate = Labour force Noninstitutional civilian population {\displaystyle {\text{Labour force participation rate}}={\dfrac {\text{Labour force}}{\text{Noninstitutional civilian population}}}} Formal labour
1911-623: The largest industrial bases in 2017 were the United States with $ 408.4 billion (representing 49% of the whole), followed by France with $ 69 billion (8.2%), then China with $ 61.2 billion (7.3%), the United Kingdom with $ 48.8 billion (5.8%), Germany with $ 46.2 billion (5.5%), Russia with $ 27.1 billion (3.2%), Canada with $ 24 billion (2.9%), Japan with $ 21 billion (2.5%), Spain with $ 14 billion (1.7%) and India with $ 11 billion (1.3%). These ten countries represent $ 731 billion or 87.2% of
1960-401: The marketplace nor looking for work are out of the labour force . The sum of the labour force and out of the labour force results in the noninstitutional civilian population , that is, the number of people who (1) work (i.e., the employed), (2) can work but don't, although they are looking for a job (i.e., the unemployed), or (3) can work but don't, and are not looking for a job (i.e., out of
2009-553: The most important sources of livelihood for women. Women are estimated to account for approximately 70 per cent of informal cross-border traders and are also prevalent among owners of micro, small, or medium-sized enterprises (MSMEs). MSMEs are more vulnerable to market shocks and market disruptions. For women-owned MSMEs this is often compounded by their lack of access to credit and financial liquidity compared to larger businesses. However, MSMEs are often more vulnerable to market shocks and market disruptions. For women-owned MSMEs, this
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2058-599: The new jobs in Latin America. That same year, informal labour made up 78% of non-agricultural employment, 61% of urban employment, and 93% of the new jobs in Africa. Particularly after an economic crisis, labourers tend to shift from the formal sector to the informal sector. This trend was seen after the Asian economic crisis which began in 1997. Gender is frequently associated with informal labour. Women are employed more often informally than they are formally, and informal labour
2107-400: The practice of accessing the lowest-cost workers from all parts of the world, is partly a result of this enormous growth in the workforce. While most of the absolute increase in this global labour supply consisted of less-educated workers (those without higher education), the relative supply of workers with higher education increased by about 50 percent during the same period. From 1980 to 2010,
2156-753: The subcategories of agricultural work and non-agricultural work. Martha Chen et al. believe these four categories of labour are closely related to one another. A majority of agricultural work is informal, which the Penguin Atlas for Women in the World defines as unregistered or unstructured. Non-agricultural work can also be informal. According to Martha Chen et al. , informal labour makes up 48% of non-agricultural work in North Africa, 51% in Latin America, 65% in Asia, and 72% in Sub-Saharan Africa. Agriculture and informal economic activity are among some of
2205-562: The week, while men do not. For example, in Malawi women spend 6.3 hours per week fetching water, while men spend 43 minutes. Girls in Malawi spend 3.3 hours per week fetching water, and boys spend 1.1 hours. Even if women and men both spend time on household work and other unpaid activities, this work is also gendered. In the United Kingdom in 2014, two-thirds of workers on long-term sick leave were women, despite women only constituting half of
2254-459: The whole industry. In 2018, the new commercial aircraft value is projected for $ 270.4 billion while business aircraft will amount for $ 18 billion and civil helicopters for $ 4 billion. In September 2018, PwC ranked aerospace manufacturing attractiveness: the most attractive country was the United States , with $ 240 billion in sales in 2017, due to the sheer size of the industry (#1) and educated workforce (#1), low geopolitical risk (#4, #1
2303-571: The workforce, even after excluding maternity leave. The global supply of labour almost doubled in absolute numbers between the 1980s and early 2000s, with half of that growth coming from Asia. At the same time, the rate at which new workers entered the workforce in the Western world began to decline. The growing pool of global labour is accessed by employers in more advanced economies through various methods, including imports of goods, offshoring of production, and immigration . Global labor arbitrage ,
2352-500: Was bankrupt , Airbus, Boeing or Bombardier declined to take the 728JET /928JET large regional jet program as mainline and regional aircraft manufacturers were split and Airbus was digesting its ill-fated Fokker acquisition a decade earlier. On September 4, 2017, United Technologies acquired Rockwell Collins in cash and stock for $ 23 billion, $ 30 billion including Rockwell Collins' net debt, for $ 500+ million of synergies expected by year four. The Oct. 16, 2017 announcement of
2401-519: Was "the first step in a very long journey" and envisioned the company producing trainers for flight schools and eventually personal aircraft for the Chinese market. Randy Lervold became the company CEO on 14 May 2019. Due to the COVID-19 pandemic , the company laid off its production and builder-assist staff, retaining ten employees for product support and engineering. It planned to take orders in 2021, and
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