In today's press release 3D Systems Receives U.S. Air ForceRapid Innovation Fund Award, 3D Systems Corporation (NYSE:DDD) announced today that its Paramount advanced manufacturing team has received a $2.95M award to transition specially engineered materials and the company's Selective Laser Sintering technology to the production of various components in the F-35 and other weapons systems to improve affordability and sustainability. The 2 year project will reduce cost within the manufacturing process and leverage the freedom of design inherent in 3D printing to minimize waste and validate direct manufacturing's repeatability and accuracy of aerospace parts."This contract represents our commitment to the research, development and commercialization of rapid manufacturing solutions for the aerospace and defense industries," said Jim Williams, Managing Director, Aerospace and Defense Manufacturing, 3D Systems. "The success of this project will benefit all industries, particularly aerospace and motorsports applications, where high strength to weight, high temperature and electrically conductive thermoplastics are critical factors to the design and manufacturing process."Paramount Industries, a 3D Systems Company, is a leading provider of additive manufacturing and laser sintering services for aerospace and defense applications. For more information on these services, contact Paramount.
