Christopher Kubasik joins the Board of Norsk Titanium Components

Hønefoss, Norway, 19 June, 2013 Mr. Christopher Kubasik former President and Chief Operating Officer of Lockheed Martin Corporation has accepted a position to join the Board of Directors of Norsk Titanium Components AS (NTiC). NTiC is working closely with Spirit Aerosystems to complete the qualification process for the aerospace industry for its near-net-shape titanium production technology, and Mr...

Hønefoss, Norway, 19 June, 2013

Mr. Christopher Kubasik former President and Chief Operating Officer of Lockheed Martin Corporation has accepted a position to join the Board of Directors of Norsk Titanium Components AS (NTiC). NTiC is working closely with Spirit Aerosystems to complete the qualification process for the aerospace industry for its near-net-shape titanium production technology, and Mr. Kubasik's appointment is part of the company's strategy to position itself as a major supplier of Ti components to the industry.

NTiC and Spirit are currently working under a cooperative agreement to complete the qualification of the Direct Metal Deposition (DMD) technology that will lead to widespread aerospace application use. The companies announced earlier this week that a significant milestone had been reached through the achievement of technology readiness level six (TRL6), demonstrating the ability to meet aerospace material requirements. The qualification effort is expected to be complete in 2014 allowing structural designers to use the DMD process for new and existing airplane programs.

"We are very pleased that Chris has accepted a position to become a Board Member at NTiC", said Alf Bjørseth, Chairman and Founder of NTiC. "Chris' experience, network and in-depth knowledge of the aerospace industry will be of great value to our company when we prepare for ramp-up of production to meet a growing demand", Dr. Bjørseth said.

Mr. Kubasik was appointed President & COO of Lockheed Martin in 2010. Prior to this appointment, he was Executive Vice President of the Electronic Systems Business Area of Lockheed Martin Corporation. He previously served as Lockheed Martin's Chief Financial Officer from 2001 to 2007.

 

"I look forward to working with an innovative company with game changing 3-D printing technology that will drive affordability in aerospace products", said Kubasik.

The DMD process, developed by NTiC at their Eggemoen facility outside Hønefoss, Norway, transforms titanium wire into complex components that are up to 70 - 80 percent complete. Traditional titanium machining may utilize only 10 percent of the raw material with 90 percent of it discarded as waste. In addition to significantly reducing the amount of raw material used, the NTiC process provides much shorter lead times, design flexibility, and reduces the overall cost to machine parts. The aerospace industry is by far the largest and most demanding titanium segment in the world, and the TRL6 milestone confirms the capability of NTiC's material to meet the requirements for aircraft structural components.

 

For more: www.norsktitanium.no  

Contact: Sven Røst, VP Communications + 47 932 53 196, [email protected]  
Jon André Løkke, CEO + 47 907 44 949, [email protected]

About Norsk Titanium Components AS
Norsk Titanium Components is a Norwegian company, founded by Alf Bjørseth's Scatec AS in 2007 and has since had a dedicated team developing the company's production technologies. Presently, production of titanium components and parts are under way in the plant at Eggemoen Aviation and Technology Park, located outside Hønefoss, Norway.

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