Extant Components Group, a U.S.-based specialist in legacy electronics manufacturing and obsolescence management, recently signed a significant new contract with an unnamed major aerospace OEM. The November 2013 agreement has prompted a wave of investment in new equipment at the Melbourne, Florida factory of its Symetrics subsidiary, which is providing continuing manufacturing repair, obsolescence management and technical support for a series of vehicle health management systems (VHMS) used in fighters, trainer and light attack aircraft.
Along with other industries, the aviation industry will face mounting costs if it fails
to deal with the problem of obsolescent components. According to newly published research, the cost of providing replacement components for long-lifespan equipment could be more than $500,000 per item if a major component redesign is required.