Premium AEROTEC is a German aerospace manufacturing business, headquartered in

Augsburg Augsburg (; bar , Augschburg , links=https://en.wikipedia.org/wiki/Swabian_German , label=Swabian German, , ) is a city in Swabia, Bavaria, Germany, around west of Bavarian capital Munich. It is a university town and regional seat of the ...

Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...

. It is a subsidiary of

Airbus Airbus SE (; ; ; ) is a European multinational aerospace corporation. Airbus designs, manufactures and sells civil and military aerospace products worldwide and manufactures aircraft throughout the world. The company has three divisions: ' ...

. The company was created in September 2008 as a spin off from the multinational aerospace group EADS, which subsequently rebranded itself as Airbus Group. While a large portion of Premium AEROTEC's business has been derived from its parent company, it has also forged partnerships with other manufacturing groups, including Dassault Aviation,

Vought Vought was the name of several related American aerospace firms. These have included, in the past, Lewis and Vought Corporation, Chance Vought, Vought-Sikorsky, LTV Aerospace (part of Ling-Temco-Vought), Vought Aircraft Companies, and Vought Ai ...

and Latécoère. The company has positioned itself as a Tier One supplier of aerostructures, which it produces at its facilities in Germany and

Romania Romania ( ; ro, România ) is a country located at the crossroads of Central, Eastern, and Southeastern Europe. It borders Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, Moldova to the east, and ...

History

Prior to its establishment as an individual entity, the assets of Premium AEROTEC principally existed within the multinational aerospace group EADS. Its independence came as a consequence of several economic factors affecting the business; during 2007, EADS' management decided to respond to events, such a weakening US

dollar Dollar is the name of more than 20 currencies. They include the Australian dollar, Brunei dollar, Canadian dollar, Hong Kong dollar, Jamaican dollar, Liberian dollar, Namibian dollar, New Taiwan dollar, New Zealand dollar, Singapore dollar, ...

and the high investment needed by both the

Airbus A380 The Airbus A380 is a large wide-body airliner that was developed and produced by Airbus. It is the world's largest passenger airliner and only full-length double-deck jet airliner. Airbus studies started in 1988, and the project was annou ...

and A350 XWB airliners, by launching a restructuring initiative intended to streamline the group, divest several non-core activities, and cut costs. Accordingly, in September 2008, three factories were spun off from EADS to form Premium AEROTEC; from the onset, it operated as a wholly owned subsidiary of EADS, which has since been rebranded as Airbus Group. Aerospace periodical

Flight International ''Flight International'' is a monthly magazine focused on aerospace. Published in the United Kingdom and founded in 1909 as "A Journal devoted to the Interests, Practice, and Progress of Aerial Locomotion and Transport", it is the world's old ...

compared the move to

Boeing The Boeing Company () is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and p ...

's then-recent spin-off of Spirit AeroSystems. The newly-formed Premium AEROTEC almost immediately committed to expansion in readiness for the production of forward fuselage sections for the A350 XWB airliner. Additional contracts for work on the A350 XWB programme were also received over the following years. In 2009, Airbus announced that, despite the impact of the

Great Recession The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At ...

, it would maintain commitments to its suppliers at a steady rate to support them. In June 2010, Premium AEROTEC was reportedly on-schedule for its A350 XWB commitments. In January 2009, Airbus stated its confidence that its recent spin-offs, including Premium AEROTEC, would be ready to seek out their own partners within three to five years. That same year, Premium AEROTEC was reportedly started to actively seek out additional customers for its products; having positioned itself as a Tier One supplier of aerostructures. During 2012, it was announced that the firm had developed a corrugated

wing spar In a fixed-wing aircraft, the spar is often the main structural member of the wing, running spanwise at right angles (or thereabouts depending on wing sweep) to the fuselage. The spar carries flight loads and the weight of the wings while on t ...

on behalf of the

North American North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Ca ...

aerospace firm

. While the company also performs work for a variety of other aerospace manufacturers, Premium AEROTEC remains closely aligned with the needs of Airbus, which is a leading customer as well as the owner of the firm. During 2014, it was announced that the company planned to employ

3D printing 3D printing or additive manufacturing is the construction of a three-dimensional object from a CAD model or a digital 3D model. It can be done in a variety of processes in which material is deposited, joined or solidified under computer co ...

technologies in its regular component manufacturing process within two years. In April 2018, Premium Aerotec chose to adopt ''Skywise'', Airbus's digital services platform, with the goal of improving its supply chain processes. During early 2020, Airbus recorded a €100m restructuring charge in relation to Premium Aerotec.

Locations

Aerotec operates factories in: *

, founded in 1916 by ''Bayerische Rumpler Werke'' * Bremen,

, founded in 1905 by ''Deutsche Schiffs- und Maschinenbau AG'' *

Nordenham Nordenham () is a town in the Wesermarsch district, in Lower Saxony, Germany. It is located at the mouth (on the west bank) of the Weser river on the Butjadingen peninsula on the coast of the North Sea. The seaport city of Bremerhaven is located ...

Varel Varel () is a town in the district of Friesland, in Lower Saxony, Germany. It is situated near the Jade River and the Jade Bight, approximately south of Wilhelmshaven and north of Oldenburg. With a population of 23,984 (2020) it is the bigge ...

, founded in 1936 as ''Motorenwerk Varel''; this site includes a close partnership with

ThyssenKrupp ThyssenKrupp AG (, ; stylized as thyssenkrupp) is a German industrial engineering and steel production multinational conglomerate. It is the result of the 1999 merger of Thyssen AG and Krupp and has its operational headquarters in Duisburg a ...

who provide metal machining and logistics facilities * Ghimbav,

, founded in 2011 as Premium AEROTEC's first factory outside of Germany The Varel and Nordenham sites were former Airbus factories; the Augsburg site belonged to EADS Military Air Systems.

Products

Premium AEROTEC is a tier-one supplier to

; it produces metal components for all Airbus airliners and also award-winning

titanium Titanium is a chemical element with the Symbol (chemistry), symbol Ti and atomic number 22. Found in nature only as an oxide, it can be reduced to produce a lustrous transition metal with a silver color, low density, and high strength, resista ...

parts for the Airbus A400M A range of large composite parts are also made: * Fuselage sections for the

Eurofighter Typhoon The Eurofighter Typhoon is a European multinational twin-engine, canard delta wing, multirole fighter. The Typhoon was designed originally as an air-superiority fighter and is manufactured by a consortium of Airbus, BAE Systems and Leonardo ...

are made at Varel, and then assembled in Augsburg. * Fuselage sections for the Airbus A400M; * Several composite sections of the

Airbus A350 The Airbus A350 is a long-range, wide-body twin-engine jet airliner developed and produced by Airbus. The first A350 design proposed by Airbus in 2004, in response to the Boeing 787 Dreamliner, would have been a development of the A330 ...

are being produced, including the aft pressure bulkhead and a 93 square metre panel for the fuselage * On behalf of

and Latécoère, elements are being made for the

Boeing 737 The Boeing 737 is a narrow-body aircraft produced by Boeing at its Boeing Renton Factory, Renton Factory in Washington (state), Washington. Developed to supplement the Boeing 727 on short and thin routes, the twinjet retains the Boeing 707, 7 ...

and

Dassault Falcon The Dassault Falcon is a family of business jets, manufactured by Dassault Aviation. July 2017 saw the 2,500th Falcon delivered – a Falcon 900LX – since the first Falcon 20 was handed over to a customer in 1965. The fleet has accumula ...

External links

Premium AEROTEC

References

{{reflist, 2 Aerospace companies of Germany Airbus subsidiaries and divisions Defence companies of Germany