Some random thoughts as I skimmed the above material
Ultimate stress is when the material fails, not necessarily equal to 1.5 * limit (yield) stress.
Limit stress is the end of the linear range, when the material exhibits more than 2% permanent deformation.
There are material allowables (tensile, compression, shear) and local geometric property allowables (crimplilng, buckling, etc).
Ultimate stresses are used during crash analysis if the permenant set is acceptible, otherwise use limit stresses.
Margin of safety is applied stress divided by allowable stress minus one
Factors of safties are scale factors applied to the estimated loads, and generally range between 1.5 for well understood loads to 3 or 5 for less understood loads.
Generally, design stress = (Design Loads * Factors of Safties) / (appropriate geometric term). Then MOS = Design Stress / Allowable - 1. MOS is required to be greater than zero. All values less than 0.5 should be checked carefully for correct geometry, loads, and allowables.
Aerospace vehicles operate in a well defined, well tested, operating envelope. The higher factors of safeties used in other applications may be required to offset the unknowns in the loads/operating conditions.
In the perfect world, there were accepted standards for:
a) The NASTRAN representation of typical structural parts
b) The factor of safty requried for different ypes of loads in different operating conditions
c) The interpretation of stresses from NASTRAN
d) The calculation of geomtry dependent allowables
e) Documenting a structural analysis
f) Checking / reviewing a structural analysis
I believe the economic factors are playing too much of a role in the structural design / evaluation process. Possibly, that is the result of previous sucesses in the development of lighter, safer vehicles. However, as engineers, we have a responsibility for doing correct, accurate analysis, even though this responsibilty may not be consistent (or a part of) the latest trend in international management styles.
Beam me up, Scotty