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Posts Tagged ‘defense’

Spotlight on New Hampshire’s Aerospace/Defense Industry at Farnborough International Airshow This Month

Tuesday, July 3rd, 2018

Nathaniel Nelson is an international trade officer with the Office of International Commerce and a member of the board of directors of the New Hampshire Aerospace and Defense Export Consortium. -ed.

New Hampshire’s high growth aerospace/defense industry will be highlighted next week at the Farnborough International Airshow and this is one of many activities this year aimed at helping hundreds of companies here continue to grow and get their products into global markets.

The state is sponsoring its first-ever booth at the show and the time is right to be in the spotlight. OIC and US Commercial Services staff, joined by a contingent of A&D businesses, is heading to England, ready to meet and mingle with some 1,500 exhibitors from 52 countries and thousands of people attending. At the last Farnborough Airshow, in 2016, $124 billion orders and commitments were placed, so there is good reason why it’s important for New Hampshire to be at this event.

The 4th annual New Hampshire Aerospace and Defense Conference was held in May, drawing industry leaders for the opportunity to hear from experts about issues and challenges.

According to the Aerospace Industries Association, New Hampshire has realized one of the largest percentages of growth in aerospace and defense exports. This comes as no surprise to the over 350 aerospace/defense companies in the state that employ 60,000 people.

Over the past few years, New Hampshire and its businesses have worked hard to grow the aerospace and defense industry and these efforts are paying off. In a recent post by Aerospace Manufacturing and Design, it noted “the Granite State is quickly becoming the industry’s Northeast hub” and is projected to see a 3.8 percent growth in employment over the next few years.

This has not happened by accident. Back in 2013, we created the New Hampshire Aerospace and Defense Export Consortium, with a mission to foster the most opportune foreign markets for its members. At the 5-year mark, it boasts nearly 100 members and is realizing significant growth.

That growth will continue. Earlier this year, OIC worked with NHADEC on a 5-year strategic plan that continues the membership growth trajectory and builds on services offered to members. As it rolls out, our aerospace and defense companies will have more opportunities to market products, increase sales, and have more networking opportunities around the world.

OIC is continuing its work with the US Department of Defense, Office of Economic Adjustment, on several federal grant projects, which are being used to help A&D businesses weather the impact of defense program budget changes. In New Hampshire, OIC has used these federal grants to help companies consider international markets where their products would be in demand. Accordingly, businesses have, for example, learned strategies to think about technology commercialization and were provided with the tools necessary to conduct thorough market research.

Further, OIC has worked with the five New England states to receive a joint grant of $1.5 million to create the New England Regional Defense Industry Collaboration. This organization will use grant funds to coordinate the growth of defense-related businesses across the six-state New England region.

The primary goals of the organization will be to aid businesses in meeting new cybersecurity requirements for businesses in the defense industry supply chain, as well as to create a trusted supplier network that will make it easier for large defense contractors to locate smaller suppliers that are able to meet their production, certification and process requirements.

These relationships will elevate the technological knowledge and sophistication of DoD small and medium-sized manufacturers, improving their competitiveness, ability to innovate, and overall value to the DoD. This is a tremendous opportunity for the region and will continue not only the region’s growth, but the state’s, as well.

This is a great time for the state’s aerospace and defense industry. Through efforts by the state and its partners, such as the U.S. Commercial Service and NHADEC, the industry is continuing to expand and grow. We’re excited for this growth and all that it means for the state and region.

Shifting Defense Landscape, Business-To-Business Matchmaking Highlight Annual NHADEC Networking Event on May 17

Wednesday, May 9th, 2018

The scheduling portal for the first ever B2B meetings is open until May 10. Register for login credentials; request appointments and check to see who has requested an appointment with you. There are 20 minute time slots for appointments beginning at 6:30pm, ending at 7:50pm; a potential for four meetings. You can block any time slots or leave them open for meeting requests. Make sure to confirm meetings that have been requested of you and keep checking back as new attendees register.

A global defense industry and technology innovation expert headlines the 4th annual networking event hosted by the New Hampshire Aerospace and Defense Export Consortium, from 5:30 – 8 pm, May 17 at the Manchester Country Club.

Tate Nurkin, founder of OTH Intelligence Group LLC, is frequently cited on defense-related topics and has provided testimony to the U.S. – China Economic and Security Review Commission about the implications of China’s military reforms and modernization. His keynote address examines the shifting defense industrial landscape and the future of defense innovation.

The event will also feature trade representatives from Canada, Saudi Arabia and other resource organizations, as well as a first-ever business-to-business matchmaking component.


 

Find out how NHADEC gave a big boost to one New Hampshire company. Tune in here to learn the benefits of being a member.

 


Founded in 2013 by the New Hampshire Office of International Commerce, the consortium is expanding its membership beyond the state and now includes members from Maine, Massachusetts, New York, and as far away as Utah. It has also forged relationships with AeroMontreal and the Farnborough Aerospace Consortium, fostering partnerships and opportunities in markets around the world for its members.

The event is open to anyone with an interest in the state’s aerospace and defense sector, but registration is required at www.NHADEC.com.

For more information, contact Dawn Wivell at 603-836-4207.