Described as “the largest industry event on the aerospace calendar,” the Farnborough International Airshow, to be held in mid-July in Great Britain, boasts more than 1500 exhibitors from more than 50 countries. Among them will be a contingent from the State of Connecticut, if the state’s aerospace industry suppliers step up and sign on. At the most recent Farnborough show, in 2016, $14.5 million in sales was reported by Connecticut exhibitors.
The State Department of Economic and Community Development (DECD) and the Connecticut Center for Advanced Technology (CCAT) have invited Connecticut aerospace manufacturers to participate in promoting the state’s world-class aerospace industry at the upcoming show, July 16-22, 2018. Exhibit space is available on a first-come, first-served basis, with the cost per exhibit set at $11,000.
An anticipated 73,000 industry professionals “from across the globe and a range of aerospace sectors” are expected, including “key global influencers plus the latest thought leadership and industry insight,” according to organizers. Farnborough’s news network will run a series of talks, panel discussions and seminars, and high-profile keynote speakers “will challenge current perceptions and provide ideas for the future.” Among the featured sessions will be “meet the buyer,” described as a structured approach to putting sellers in front of targeted buyers.
The biennial event is widely recognized for its role in connecting the worldwide aerospace market. It has traditionally been a backdrop for the announcement of multi-billion dollar deals, and for the launch of major innovations.
The state’s exhibit space is to include a prime location in the U.S. Pavilion, with Connecticut companies to receive allocated space to display graphics, literature and parts; pre-arranged B2B meetings at discount price; access to the U.S. Exhibitors Lounge and meeting rooms; company listing in two show directories and logistical support prior to the show and on-site.
Among the participating companies is Connecticut Coining, based in Bethel, a leading manufacturer of deep-drawn metal parts used in aerospace, medical, defense and high voltage tubes. The 50-year-old company includes among its customers industry leaders manufacturing bellows, joints, bleed, duct (anti-ice, telescopic) assemblies as well as silencers, and crossover & oil cooler systems.
Satisfied Connecticut companies in 2016 include Windsor-based Aero Gear: “I have been trying to get a foot in the door with Rolls Royce for years. This air show allowed me to make the contacts necessary to develop them into a customer. The show was a home-run for Aero Gear,” said Doug Rose, who founded the company in 1982, developing expertise in the design, engineering and manufacturing of gears and gearbox assemblies for the global aerospace industry.
Countries including Mexico, Turkey and the U.S. will be vying for business alongside a significant European presence from Germany, France and Spain as well as the U.K. Organizers say the 2018 edition will see the largest presence yet from China, with 70 per cent growth in participation since the 2016 show. Japan has increased its presence with a second Pavilion, joining Malaysia, Korea and Indonesia representing Asia. It all comes just weeks after escalations in tensions among the world’s leading industrialized nations, reflected in the G7 meeting in Canada last week.