Interview with: James A. Regenor, Business Unit Director, Transformative Technologies, Moog Aircraft Group

1. Interview with: James A. Regenor,
B u s i n e s s U n i t D i r e c t o r ,
Transformative Technologies, Moog
Aircraft Group
“By converging emerging technologies,
aerospace and defense manufacturers
can achieve exponential growth. Each
technology has its own linear growth
path, but by converging technologies,
such as Blockchain and 3D printing, we
can create new business models and
ways of doing business. That is what
makes exponential growth possible,”
according to James A. Regenor,
Business Unit Director, Transformative
Technologies, Moog Aircraft Group.
Regenor is a speaker at the marcus
evans Aerospace & Defense
Manufacturing & R&D Summit 2018,
taking place in California, March 1-2.
What potential is there for
exponential growth in the
aerospace manufacturing industry?
Typically, we did business in a linear
fashion, bidding for programs ten years
in advance, but we realized that by
leveraging Blockchain and 3D printing,
we could create a new point of use, time
of need digital supply that would be
more agile and allow us to rapidly
introduce new technologies.
With the dynamic changes that allows,
we can shape the marketplace and react
much quicker as programs come up.
What have you achieved by bringing
together 3D printing, Blockchain
and platform-based business
in the industrial world. Once a product
leaves our loading dock until it reaches
the customer, it needs to get picked up,
packaged, shipped and stored en route.
It might also go through a customs
brokerage. These costs put pressure on
our margin and they get passed on to
customers. With Blockchain we get rid
of these costs, while our clients mitigate
long lead times and ensure a reliable
source of supply. They can print the
part on a 3D printer where and when
they need it.
As 3D printing technology improves,
companies will be able to counterfeit
very complex parts. Blockchain
technology allows us to mitigate
counterfeit production. Each part we
produce has a unique hash or serial
number, and an embedded watermark,
so once the serial number is active in
the network, it will not accept another
part with the same information. We use
a phone scanner to identify if the part is
valid.
We can also trace the part throughout
its lifecycle, and track its physical
location. Blockchain allows us to ensure
data, process and performance
integrity.
technologies? What advice do you
have for other executives in the
industry?
At Moog, we have merged platform-
based businesses into a new concept
with Blockchain. As the aerospace
industry is highly regulated, some
people say we cannot have a platform-
based model, but I believe we can as
long as regulatory requirements are
satisfactorily addressed. In order to
address the regulatory requirements,
we needed to define and create the unit
of value on the platform. We did this by
merging the 3D part build file with
Blockchain provenance. This then
allowed us to comply with the
regulatory requirements.
In our case, every part we ship needs
paper provenance. With Blockchain, we
are creating provenance in a digital
ledger format, and selling digital parts
instead of physical parts. Our clients can
convert the data to a physical part
where and when needed. That changes
everything.
As far as what lessons we could extract,
executives need to understand that
innovation requires not just a technical
innovation but often times also a new
business model for maximum results.
Companies need business folks on the
innovation team looking at technologies
and exploring new business models.
Moog is creating an environment that is
like Netflix or Amazon for aircraft parts.
The platform allows sub-tiers access to
capabilities they could not access before
because they were not affordable, as
well as access to buyers. Manufacturing
executives must explore that depth of
customer reach, how deep they want to
go into the supply chain and if they are
willing to be cloud-based to be
affordable. Innovation at Moog is
defined as increasing value for our
customer.
How does Blockchain relieve cost
pressures? What do manufacturers
need to know?
There are many non-value added costs
Companies need
business folks on
the innovation
team looking at
technologies and
exploring new
business models
How Aerospace Manufacturers
Can Achieve Exponential Growth

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About the Aerospace & Defense Manufacturing & R&D
Summit 2018
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bringing leading manufacturing, engineering and R&D executives from global
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strategy and implementation of solutions to forward thinking aerospace and defense
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