Entries by admin

Addressing the World’s E-Waste Issues

As e-waste continues to head toward the world’s landfills and keeps on increasing, the push is on to recycle and reuse more end-of-life electronic products. Source: Addressing the World’s E-Waste Issues | Source Today

L3Harrris wins contract for support of ULA’s Vulcan Centaur

United Launch Alliance (ULA) has extended L3Harris Technologies’ (NYSE:LHX) contract to provide mission-critical avionics and related services in support of the Vulcan Centaur rocket for U.S. Space Force launches. Source: Mission-Critical Avionics + Services For ULA’s Vulcan Centaur Contracted To L3Harris Technologies

France Calls To Reduce EU Dependence On Electronic Components

As per a report by Reuters, French Finance Minister Bruno Le Maire called for a new plan on electronic components to reduce European dependence on Asian suppliers in the domain this year. He told reporters such dependence was unacceptable and was making the European Union vulnerable in industries like car manufacturing that had run short […]

Lockheed Martin Wins Space Contract 

In 2020, Lockheed Martin (NYSE:LMT) received $123 billion in contract awards including awards which are optional in nature. With a change in administration, there’s some doubt about how defense budgets will develop going forward. We won’t directly see any big changes in financial results when there’s a transition in administration and weapon system acquisition tends […]

Biden to press for $37 billion to boost chip manufacturing amid shortfall 

WASHINGTON (Reuters) – President Joe Biden said on Wednesday he would seek $37 billion in funding for legislation to supercharge chip manufacturing in the United States as a shortfall of semiconductors has forced U.S. automakers and other manufacturers to cut production. Source: Biden to press for $37 billion to boost chip manufacturing amid shortfall | […]

Biden to press for $37 billion to boost chip manufacturing amid shortfall 

WASHINGTON (Reuters) – President Joe Biden said on Wednesday he would seek $37 billion in funding for legislation to supercharge chip manufacturing in the United States as a shortfall of semiconductors has forced U.S. automakers and other manufacturers to cut production. Source: Biden to press for $37 billion to boost chip manufacturing amid shortfall | […]

China Passes Americas And Japan In IC Capacity

Back in 2012, China ranked fifth among seven regions worldwide in IC wafer capacity but surged past the Americas and Japan in 2018 and 2019 to claim the number three position (figure 1). That’s a big deal given that ICs account for the largest share of wafer capacity excluding discrete, opto, MEMS and sensors. Source: […]

BAE Systems to Develop Advanced Military GPS Receivers and Chips

CEDAR RAPIDS, Iowa–(BUSINESS WIRE)–BAE Systems received a $247 million contract from the U.S. Space Force’s Space and Missile Systems Center to design and manufacture an advanced military GPS receiver and next-generation semiconductor. The technology will provide positioning, navigation, and timing (PNT) capabilities to warfighters so they can execute missions in challenging electromagnetic environments. Source: BAE […]

Earthquake in Japan affects the electronic components supply chain 

On the evening of the 13th, an earthquake measuring 7.3 on the Richter scale occurred in the northeastern region of Japan, which affected the production of manufacturers such as Murata, Renesas, and Shin-Etsu. Among them, Murata’s factories in Fukushima and Miyagi have suspended operations; Renesas estimates that it will take a week to resume normal […]

Stratford-based Sikorsky lands $1B contract for U.S. Air Force helicopter upgrades

A week after awarding Sikorsky $478 million to complete a fleet of “Marine One” helicopters for use by the White House, the Department of Defense signaled the Stratford manufacturer could see nearly $1 billion more to upgrade a fleet of helicopters. Source: Stratford-based Sikorsky lands $1B contract for U.S. Air Force helicopter upgrades

Top-100 U.S. Defense Contractors FY 2020 

A detailed listing of the Top-100 U.S. Department of Defense (DoD) contractors in FY 2020 ranked by total amount of contract funds awarded. Source: Top-100 U.S. Defense Contractors FY 2020 | FI AeroWeb