Christopher Kubasik joins the Board of Norsk Titanium Components
(Thomson Reuters ONE) -
Hønefoss, Norway, 19 June, 2013
Mr. Christopher Kubasik former President and Chief Operating Officer of Lockheed
Martin Corporation has accepted a position to join the Board of Directors of
Norsk Titanium Components AS (NTiC). NTiC is working closely with Spirit
Aerosystems to complete the qualification process for the aerospace industry for
its near-net-shape titanium production technology, and Mr. Kubasik's appointment
is part of the company's strategy to position itself as a major supplier of Ti
components to the industry.
NTiC and Spirit are currently working under a cooperative agreement to complete
the qualification of the Direct Metal Deposition (DMD) technology that will lead
to widespread aerospace application use. The companies announced earlier this
week that a significant milestone had been reached through the achievement of
technology readiness level six (TRL6), demonstrating the ability to meet
aerospace material requirements. The qualification effort is expected to be
complete in 2014 allowing structural designers to use the DMD process for new
and existing airplane programs.
"We are very pleased that Chris has accepted a position to become a Board Member
at NTiC", said Alf Bjørseth, Chairman and Founder of NTiC. "Chris' experience,
network and in-depth knowledge of the aerospace industry will be of great value
to our company when we prepare for ramp-up of production to meet a growing
demand", Dr. Bjørseth said.
Mr. Kubasik was appointed President & COO of Lockheed Martin in 2010. Prior to
this appointment, he was Executive Vice President of the Electronic Systems
Business Area of Lockheed Martin Corporation. He previously served as Lockheed
Martin's Chief Financial Officer from 2001 to 2007.
"I look forward to working with an innovative company with game changing 3-D
printing technology that will drive affordability in aerospace products", said
Kubasik.
The DMD process, developed by NTiC at their Eggemoen facility outside Hønefoss,
Norway, transforms titanium wire into complex components that are up to 70 - 80
percent complete. Traditional titanium machining may utilize only 10 percent of
the raw material with 90 percent of it discarded as waste. In addition to
significantly reducing the amount of raw material used, the NTiC process
provides much shorter lead times, design flexibility, and reduces the overall
cost to machine parts. The aerospace industry is by far the largest and most
demanding titanium segment in the world, and the TRL6 milestone confirms the
capability of NTiC's material to meet the requirements for aircraft structural
components.
For more: www.norsktitanium.no
Contact: Sven Røst, VP Communications + 47 932 53 196, sven.rost(at)scatec.no
Jon André Løkke, CEO + 47 907 44 949, jon.andre.lokke(at)norsktitanium.no
About Norsk Titanium Components AS
Norsk Titanium Components is a Norwegian company, founded by Alf Bjørseth's
Scatec AS in 2007 and has since had a dedicated team developing the company's
production technologies. Presently, production of titanium components and parts
are under way in the plant at Eggemoen Aviation and Technology Park, located
outside Hønefoss, Norway.
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Source: Norsk Titanium Components AS via Thomson Reuters ONE
[HUG#1710471]
Unternehmensinformation / Kurzprofil:
Datum: 19.06.2013 - 09:17 Uhr
Sprache: Deutsch
News-ID 271127
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contact information:
Town:
Hønefoss
Kategorie:
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