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Boeing, Northrop to join White House-backed advanced manufacturing program

By David Shepardson WASHINGTON (Reuters) - Boeing (NYSE:BA) Co>

By David Shepardson

WASHINGTON (Reuters) - Boeing (NYSE:BA) Co> Northrop Grumman (NYSE:NOC) are joining a White House-backed compact to help smaller U.S.-based suppliers increase the use of 3D printing and other advanced manufacturing technologies.

The program, unveiled by President Joe Biden in May, seeks to boost suppliers' use of additive manufacturing (AM).

Driven by 3D printing, the technology allows complex shapes to be built in layers from particles of plastic or metal. The Biden administration views it as an innovation that will enable U.S. manufacturers to flourish and create jobs.

The program, Additive Manufacturing Forward (AM Forward) is organized by non-profit Applied Science & Technology Research Organization of America (ASTRO America).

"The supply chain crisis isn’t just about building out ports. It’s about building up parts – right here in America’s small business factories," said ASTRO America's CEO, Neal Orringer.

GE Aviation, Siemens Energy, Raytheon Technologies (NYSE:RTX), Honeywell (NASDAQ:HON) and Lockheed Martin (NYSE:LMT) were the initial companies to make commitments.

The manufacturers say they will purchase additively produced parts from smaller U.S. suppliers; train supplier workers on new additive technologies; provide technical assistance; and engage in standards development and certification.

Boeing and Northrop Grumman both aim to increase the number of small- and medium-sized suppliers competing over quote packages for products using additive manufacturing. Boeing will also aim to increase its qualified small and medium supplier capacity by 30% and provide technical guidance to meet qualification requirements.

"We know the competitiveness of the U.S. industrial base, including Boeing, relies on the capability of a wide spectrum of suppliers producing and post-processing critical aerospace parts," said Melissa Orme, Boeing's vice president for additive manufacturing.

Such technologies can reduce part lead times and materials cost by 90%, and cut energy use in half.

The White House says not enough American companies are using 3D printing or other high-performance advanced manufacturing technologies.

A Biden administration official told Reuters the program could expand to the automotive or semiconductor sectors.

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    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
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