New Hampshire Business: Take to the skies

welcome. I broke down. Unless you’re in the aircraft business, you probably don’t know the under-the-radar part of New Hampshire’s economy. More than 300 companies in New Hampshire are in the aerospace business. I am surprised by this. Based on some numbers, we know that they are doing well. From January to July this year, the export sales of aircraft and aircraft parts were 630 million, an increase of 15% over the same period last year. 4.3% of New Hampshire’s economy. 24,006 and 81 people were employed. They do a great job. Despite these challenges, we will discuss them. Supply chain changes, cybersecurity, maintenance and aircraft modernization. Now, here are some companies spread across states in the industry. I’ll make a list asap. SAFRAN SMG MARMON, TIMKEN FLIGHT FLEX by ERIC. You can see their community in China Aerospace and VA Systems, and of course GE Aviation, we know a lot more about that now, wish I could give us a brief overview of how so many New Hampshire companies got into this aerospace business . When we’re not in Cape Canaveral, Houston, or Connecticut, RANDY LUCKEY, COO of COMSTOCK INDUSTRIES, and Meredith and Bill Bass, New Hampshire Aerospace and Defense Export in Concord Executive Director of the Alliance. welcome. Thank you, Brad. Bill, how did New Hampshire become an aerospace state? New Hampshire and Eastern Massachusetts have been in industry for quite some time and have done a lot of defense work in Massachusetts. You said and it has been many years. Because of this, the university is producing more and more talent in Eastern Massachusetts. Logically, there are spillovers, and because of the New Hampshire business, many companies choose to move and start their business. in New Hampshire. So for the economic situation in the region, it’s a spillover effect. Yes. and RETI what is your company? What do you say you do for the aerospace industry? What other offerings does New Hampshire Aerospace have? Well, we have become a precision parts manufacturer like an industry. Therefore, we manufacture individual parts according to major manufacturer and OEM regulations or requirements as they are based on New Hampshire products. It covers all areas required in the aerospace industry. Some of them are related to the military and defense. Some of them are business related. It really depends on what the industry needs, what makes sense geographically, in terms of where we are and where these things are shipped, you have a good contract, I understand at the Farnsworth air show in Canada and the UK Those are the opportunities that I think for you and other companies as well, they’re huge opportunities. But it doesn’t just happen. Of course, one of the reasons is one of the reasons we are here today, which is NATICK, the New Hampshire Aerospace Defense Export Alliance, without the help of the group, and the guidance of our Executive Director, Bill Bates. It’s nearly impossible for these places to be part of an electric plane or get into an electric plane, just like an electric car. what are you talking about? So if it’s all electric flying vehicles, the conversation is picking up. In fact, some of our members have already invested in the industry. There are many others who do business with our members who are also investing or may already be suppliers. Very quickly, Randy, what’s the outlook for this aerospace business right now given the pandemic and its impact on it? How is the situation now? The aerospace industry is strong. If we can find enough people to help us continue our manufacturing, it may become even stronger. So the first problem we have now is not a demand problem. It’s definitely in terms of military defense. Commercially, we’re not really involved. I know there are still some difficulties, but we can do a lot more in New Hampshire if we have employees. I would like to thank RANDY MCKEE and BILL BATES, CEO of JEFF CRUM, STARK INDUSTRIES and MEREDITH, Executive Director of the Concord NH Aerospace and Defense Export Alliance. thank you. and the best part of this newsletter, you can find it at WMUR DOT COM’

NH Business: New Hampshire’s Aerospace Industry

The Granite State is home to over 300 businesses in the aerospace industry, and according to the latest data, they’re doing well

Updated: September 18, 2022 7:34AM ET

Fred Kocher, NH Business Host

Unless you’re a pilot or you work on an airplane, you probably don’t know an unknown part of New Hampshire’s economy. New Hampshire has more than 300 businesses in the aerospace business, and the latest figures show the industry is doing well. On the latest issue of NH Business, host Fred Kocher joins Randy Makee, Chief Operating Officer of Comstock Industries of Concord and Meredith, along with Bill Bates, Executive Director of the NH Aerospace & Defense Export Consortium, to learn about one of New Hampshire’s best kept secrets.

Manchester, NH —

Unless you’re a pilot or you work on an airplane, you probably don’t know an unknown part of New Hampshire’s economy. New Hampshire is home to more than 300 aerospace businesses, and the latest figures show the industry is doing well.

In the latest issue of NH Business, host Fred Kocher joins Bill Bates, executive director of the NH Aerospace & Defense Export Consortium in Concord, and Randy Makee, chief operating officer of Comstock Industries in Meredith, to learn about one of New Hampshire’s best-preserved aircraft a secret.