Fri 23, Mar 2018
In a series of developments in aerospace thermoplastic composites market, just two months after Daher won a multiyear contract from Boeing, LMI Aerospace’s composites operation has now received a multiyear contract from Boeing to provide thermoplastic composite structural parts for the Boeing 787 Dreamliner, 767 and 747 airplanes. Deliveries are scheduled to begin in 2019.
As per the company’s press release - the contract follows Boeing's 2017 qualification of the LMI operation as a provider of thermoplastic composite parts. Thermoplastic composite materials are renowned in the aerospace industry for providing remarkable costs savings when produced at a rate compared to thermoset composites and advanced metals. These savings are especially realized in smaller parts, where final finishing work on parts formed from other materials can significantly increase per-part cost. Thermoplastics also provide the typical composites strength and weight advantages compared to metals. According to a recent report from Stratview Research, the thermoplastic composites market in the aerospace industry is expected to reach USD 636 million in 2023.
The parts to be supplied include interior semi-structural clips and brackets which come under the category of c-class parts in an aircraft. The increasing usage of thermoplastic composites will have a significant bearing on the dynamics of a metal dominated aerospace c-class parts market which is expected to be valued at USD 12.9 billion in 2023.
"We are pleased to help expand Boeing's supply base for this lightweight and cost-effective technology," said Don McEwen, general manager of LMI's composite and testing facility in Everett. "Our thermoplastics work also expands LMI's portfolio of composite fabrication and assembly manufacturing work.”
News Source: LMI Aerospace
Image Source: Boeing