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May
2007
M'bishi Materials To Quadruple Output Of Forged
Aircraft Parts
Mitsubishi Materials Corp. plans to quadruple output capacity for forged
aircraft engine cases by fiscal 2009 in response to growing aircraft
production worldwide. The firm will invest 3 billion yen over three years
in its plant in Saitama Prefecture in order to boost output of engine
cases made with heat-resistant alloys. As part of the expansion, a second
ring mill -- a machine that forms cylindrical engine cases by pressing the
heat-resistant alloy into a mold -- will be installed. The new ring mill
will be able to apply greater pressures than the existing ring mill,
enabling larger cases to be formed and thereby greatly increasing
production efficiency. The new mill is expected to be in service during
fiscal 2009 and will raise production volume fourfold from the current
4,500 units a year. Mitsubishi Materials projects that aircraft demand
will grow at an annual rate of 4.6% to 5.6% for the next 20 years, with
much of this demand coming from Asia. It is targeting 12 billion yen in
sales of forged aircraft parts by fiscal 2012, more than double the 5.5
billion yen reported for fiscal 2006. It is also looking to boost its
share of the global market to 10% from the current 3%. (The Nikkei
Business Daily, May 24, 2007)
Australia To Join Japan, U.S. In Developing Missile
Defense
Japan and the U.S. plan to include Australia in joint research on a
missile defense system, with trilateral cooperation slated to begin as
early as within the year, The Nikkei learned Monday. The countries'
foreign and defense ministry officials reached a basic agreement on the
joint research framework at a meeting last month, grounded in the existing
understanding between Japan and the U.S. on such issues as data sharing
and response mechanisms. "Japan and the U.S. will work together with
Australia to strengthen security in the Asia-Pacific region," says a
senior official at the Defense Ministry, referring to cooperation in the
defense system's operation and capabilities, as well as related policies.
While Australia has yet to decide whether to implement the system, it will
share missile launch data and continue operational cooperation with an eye
on eventually adopting the defense program. The system envisions a missile
attack by North Korea or a Chinese ballistic missile reaching Guam or
Australia. Standard Missile 3 (SM3) interceptors on Aegis-equipped
destroyers would first be launched at missiles still outside the earth's
atmosphere, with ground-to-air Patriot Advanced Capability 3 (PAC3)
interceptors used against any remaining inbound missiles. The Japanese
government plans to deploy PAC3 launchers by the beginning of the next
decade, and four Aegis vessels will be retrofitted with SM3 capabilities
on an accelerated timetable. The U.S. military plans to augment its fleet
of SM3-equipped Aegis ships as well. (The Nihon Keizai Shimbun, May 22,
2007)
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