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Showing posts with label eots system. Show all posts
Showing posts with label eots system. Show all posts

Monday, July 13, 2015

IBC Advanced Alloys Delivers First Articles EOTS Components for the Lockheed Martin F-35 Lightning II



July 13, 2015

WILMINGTON, MA and VANCOUVER, - IBC Advanced Alloys Corp. (OTCQX: IAALF and TSX-V: IB;) ("IBC" or the "Company"), a leading advanced alloys and precision castings company, has successfully delivered its first completed Beralcast® azimuth gimbal housing components to Lockheed Martin. The articles will be used in the Lockheed Martin F-35 Lightning II Electro Optical Targeting System (EOTS).

Lockheed Martin's EOTS provides affordable, high-performance multi-function targeting to the F-35's full spectrum of military operations. It is the first sensor to combine forward-looking infrared and infrared search and track functionality to provide F-35 pilots with situational awareness and air-to-air and air-to-surface targeting from a safe distance. The technology enables aircrews to identify areas of interest, perform reconnaissance and precisely deliver laser- and GPS-guided weapons.
Ray White, President of IBC Engineered Materials Corp. said, "Successful first article delivery of Beralcast® components to Lockheed Martin raises the bar for high performance aerospace applications delivered with cost and lead time savings. This is an important milestone for both IBC and the aerospace industry," continued White, "and we look forward to continuing to support Lockheed Martin and aerospace with IBC's Beralcast® cast alloys."


The first contract for Beralcast® azimuth gimbal housing components for OEM aircraft fitted with EOTS systems and spares for low-rate initial production (LRIP) Lots 7 and 8 was announced September 8, 2014. Beralcast® alloys are ideally suited to many aerospace applications where lightweight, high modulus and cost are critical performance factors. The principal Beralcast® alloys are three times stiffer than aluminum with 22% less weight and can be substituted for aluminum, magnesium, titanium, metal matrix composites as well as pure beryllium or powder metallurgy beryllium-aluminum.

About IBC Advanced Alloys Corp.
IBC is an integrated manufacturer and distributor of rare metals (beryllium) based alloys and related products serving a variety of industries including nuclear energy, automotive, telecommunications and a range of industrial applications. IBC has 80 employees and is headquartered in Vancouver, Canada with production facilities in Indiana, Massachusetts, Pennsylvania and Missouri. IBC is creating a dynamic global beryllium and advanced alloys company. IBC's common shares are traded on the TSX Venture Exchange under the symbol "IB" and the OTCQX under the symbol "IAALF."
This news release was prepared by management of IBC, which takes full responsibility for its contents. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE IBC Advanced Alloys Corp.

Image : "Azimuth gimbal housing seen in bottom center of Lockheed Martin F-35 Lightning II Electro Optical Targeting System (EOTS). Photo courtesy of Lockheed Martin Corporation. Copyright 2015. (IBC Advanced Alloys Corp.)".



For further information: IBC Advanced Alloys Corp., Ian Tootill, Director of Corporate Communications, (604) 685-6263 ext. 110, Email: itootill@ibcadvancedalloys.com, Website: www.ibcadvancedalloys.com; Vorticom Public Relations, Nancy Tamosaitis, (212) 532-2208, nancyt@vorticom.com

For the latest from IBC Click Here--> IBC Advanced Alloys Presentation

Sunday, March 1, 2015

IBC Advanced Alloys Corp - Canadian with U.S. Roots

2015 Top Picks -  IBC Advanced Alloys Corp.

IBC is an integrated manufacturer and distributor of rare metals (beryllium) based alloys and related products serving a variety of industries including nuclear energy, automotive, telecommunications and a range of industrial applications. IBC has 80 employees and is headquartered in Vancouver, Canada


IBC has four U.S. based production facilities in Indiana, Massachusetts, Pennsylvania and Missouri. 


In March 2014,  IBC's Advanced "BEO" Nuclear Fuel exceeded critical performance factors in tests.

This advanced product, manufactured using IBC's proprietary Beryllium materials, is designed to reduce costs and increase safety of advanced nuclear fuels in the rebirth of that industry.
(see illustration on left)

The Nuclear industry predicts $1.2 Trillion worth of new plants will be constructed or started by 2030 with Asia leading the expansion of Nuclear power in the 21st century.











In Sept 2014, IBC was awarded a contract by the LockheedMartin Corp to produce the housing components for it's F35 fighter jets "EOTS" systems utilizing it's proprietary "Beralcast" advanced material, with the promise of more to come.
(see illustration at right)

The F-35 is the most advanced fighter jet ever built and for Lockheed to include this tiny manufacturer of specialty materials as one of it's suppliers ensures that IBC should punch above it's weight for years to come.


During the same month,  IBC successfully delivered several unmanned aerial system (UAS) ® technology to the U.S. Department of Defense.
demonstration articles manufactured using IBC’s proprietary Beralcast castings.



In November 2014,  IBC Partnered with two European firms to Develop and Distribute a New High Performance Alloy




Although it is still a microcap company trading on the venture exchange mostly in Canada, IBC is creating a dynamic global beryllium and advanced alloys company.

IBC's common shares are traded on the TSX Venture Exchange under the symbol "IB" and the OTCQX under the symbol "IAALF."

All indications are that IBC will be profitable in 2015 and we expect a significant turnaround in IBC's stock price.  We have been loading up on IBC Shares with that expectation.

We see it as an investment in the future.