To solve the challenges of the 21st century, the aerospace industry needs to partner for innovation and growth using a holistic approach of an ecosystem. That was the key message Jill Albertelli, vice president, Supply Management, delivered during her keynote address at the Aerospace and Defense International Trade Summit in Groton, Connecticut, on Sept. 22 and 23. The event brought together around 160 business leaders and government officials from Connecticut and New England as well as delegations from 10 countries.
During her speech, Albertelli discussed how manufacturers must change the way they operate to address issues such as global warming, limited natural resources and the requirements of emerging markets. To prepare for the future and an increase in engine production, Pratt & Whitney is transforming its global operations through investing in advanced manufacturing such as 3D printing and overhead "Dürr" automated assembly lines.
"We're focused on producing the more advanced, proprietary technologies internally and we source parts that our suppliers and partners are experts in producing," said Albertelli. "We have a robust engine global supply chain with 400 key partners and suppliers in dozens of countries, and we're actively seeking suppliers who can deliver high-quality parts, while meeting our cost targets."
Throughout the summit, speakers and panelists focused on forming partnerships to advance innovation and development across the aerospace industry. Several OEMs, including Pratt & Whitney, UTC Aerospace Systems and Sikorsky, gave procurement briefings about how to do business with them and what they expect from their suppliers.
"At Pratt & Whitney and across UTC there is huge opportunity for high-performing suppliers," said Craig Musson, director, Global Supply Chain. "Pratt & Whitney needs its suppliers to be ready for production. We are focused on assessing our suppliers' capacity and capability and sub-tier management, and ensuring there are no single points of failure."
The message delivered from UTC's Aerospace divisions was clear – performance creates opportunities. As UTC moves forward with "One Company" terms and conditions in its contracts, suppliers who perform for one division will be given opportunities at the others.
"To prepare for the growth in engine production, we've signed more than $10 billion worth of LTAs and have billions more to source," said Dave Emmerling, vice president, Strategic Sourcing. "Securing an LTA with Pratt & Whitney can open the door to doing business with other UTC aerospace divisions."
The summit also featured several panel discussions, which ranged from discussing the collaboration behind the international F135 program to industry and university partnerships to complying with export control laws.
James Pelletier, associate counsel, Pratt & Whitney, participated on the panel discussion about complying with export controls, international laws and contracts. Pelletier discussed the need to take a programmatic approach to export controls compliance to ensure all employees and suppliers remain compliant.
"It is about having an export compliance culture, where employees from all levels do the right thing - even when it isn't easy or popular," said Pelletier.
Gov. Dannel Malloy, U.S. Rep. Joe Courtney, U.S. Sen. Chris Murphy and U.S. Sen. Richard Blumenthal, also participated in the summit, which was hosted by Congressman Courtney and the U.S. Department of Commerce.
Click here to read Jill Albertelli's remarks.