Northrop Grumman (NYSE:NOC) is awarded a $4.8B contract to develop, modernize, retrofit and sustain variants of the U.S. Air Force’s Global Hawk drone fleet, the Department of Defense reports.The work will be performed in San Diego, Calif., and is expected to be completed by September 2030, the Pentagon says. Source: Northrop Grumman grabs $4.8B DoD […]
Arrow Electronics Inc. is in talks with the U.S. government about the designation of an Asian subsidiary that could lead to export restrictions, another potential flashpoint in the clash between the world’s two largest economies. Source: Arrow Denies Military Ties as U.S. Weighs Restrictions – Bloomberg
Northrop Grumman (NYSE:NOC) has been awarded a $185.7M IDIQ contract for the A-10 Aircraft Structural Integrity Program Legacy VII.The contract provides for sustaining engineering services of A-10 aircraft.Work to be performed in Clearfield, Utah, and is expected to be completed by November, 2030. Source: Northrop Grumman secures $185.7M Air Force contract (NYSE:NOC) | Seeking Alpha
The Neutrino Energy Group continues to innovate new neutrino-based energy technologies that will take the pressure off of potentially problematic sustainable energy sources. At the same time, top energy scientists are proposing new methods for storing electricity in electromagnetic capacitors, which eliminate battery waste and last indefinitely. In the near future, these technologies will combine […]
Yageo Corp (國巨), the nation’s largest passive components supplier, on Saturday broke ground for a new plant in Kaohsiung that is expected to begin commercial production in 2022.Yageo chairman Pierre Chen (陳泰銘) told the groundbreaking ceremony that it would be the company’s first new plant in the city in 15 years as it embarks on […]
The following slide deck was published by Sanmina Corporation in conjunction with their 2020 Q4 earnings call. Source: Sanmina Corporation 2020 Q4 – Results – Earnings Call Presentation (NASDAQ:SANM) | Seeking Alpha
“As part of a historic Missile Defense Agency demonstration and for the first time ever, an intercontinental ballistic missile target was intercepted and destroyed outside Earth’s atmosphere by an advanced SM-3 Block IIA ballistic missile defense interceptor made by Raytheon Missiles & Defense,” Raytheon (RTX -1.2%) writes in a new press release. Source: Raytheon shoots […]
The coronavirus pandemic has put chief supply chain officers (CSCOs) under pressure to adapt and prepare their networks for an uncertain future. In fact, Gartner says supply chain leaders should focus on adapting their strategies, investment and leadership styles to ensure long-term efficient growth. Source: There’s No Such Thing as the “New Normal” for Supply […]
October PMIs have been released for major countries worldwide: Key regions saw a PMI improvement in October vs. September 2020 (chart 1)Global PMI reached its highest value since June 2018 (chart 2)Institute for Supply management’s U.S. PMI surged (chart 3)European PMIs improved, with the exception of UK and Russia (chart 4)Eurozone PMI reached its highest […]
Passive component vendor Yageo has announced net profits surged 10.1% sequentially and 80% on year to NT$3.63 billion (US$127.1 million) in the third quarter of 2020, with EPS reaching NT$7.37.Yageo’s net profits for the first three quarters of 2020 totaled NT$9.27 billion, rising 55.5% on year. EPS for the nine-month period came to NT$20.03, compared […]
LOS ANGELES AFB, Calif. – U.S. Air Force navigation and guidance experts are choosing three U.S. defense contractors to develop and build enabling technologies for M-Code capable handheld and vehicle-mount Global Positioning System (GPS) satellite navigation receivers. Source: navigation and guidance ASIC GPS | Military & Aerospace Electronics
Raytheon Technologies (NYSE:RTX) inks agreement to acquire privately held Blue Canyon Technologies (BCT), a provider of small satellites and spacecraft systems components.BCT will report into Raytheon Intelligence & Space, a business of Raytheon Technologies.Acquisition will allow BCT to quickly scale production and pursue larger, more complex space missions.BCT will continue to serve its customer base under […]
