Feb 28, 2020 – Micro-Precision Technologies, Inc., (MPT) a Salem, NH Defense company was acquired by Aerospace Semiconductor, Inc. (ASI) of Lawrence, MA. Going forward the company will operate under the Micro-Precision Technology, Inc. name in Salem, NH with a DBA registered for the Aerospace Semiconductor, Inc. name in Lawrence, MA. Source: Micro-Precision Technologies, Inc. […]
Teledyne Brown Engineering will be expanding its Huntsville-based manufacturing and assembly facilities. The expansion is required to provide additional capabilities and capacity, as well as to anticipate future growth in the business. The 55,000-square-foot development consists of a 15,000-square-foot expansion of an existing building and a new standalone, 40,000-square-foot facility. Source: Teledyne Brown Engineering expanding […]
Chinese makers of passive components have been keen on capacity expansions for high-end MLCC capacitors, providing lucrative business opportunities for Taiwan’s equipment makers, according to industry sources. Source: Chinese Passive Components Makers Boost MLCC Capacity Expansion – Passive Components Blog
CAPE CANAVERAL, Fla. (AP) — Mars is about to be invaded by planet Earth — big time.Three countries — the United States, China and the United Arab Emirates — are sending unmanned spacecraft to the red planet in quick succession beginning this week, in the most sweeping effort yet to seek signs of ancient microscopic […]
If past is prologue, Analog Devices Inc.’s $20 billion acquisition of Maxim Integrated Products Inc. will prompt a major shake-up in its electronics distribution channel. When ADI acquired Linear Technology in 2017, it consolidated its global volume distribution network under one distributor – Arrow Electronics Inc. – and discontinued with the industry’s second-largest player, Avnet […]
I, like most people these days, do a lot of things differently since social distancing came into being during the coronavirus pandemic. I wonder which tech-based ones will stick. Some are really good ideas borne out of necessity; others can go the way of Covid-19, when it’s finally off the radar. Source: The ‘New Normal’ […]
NORWOOD, Mass. & SAN JOSE, Calif.–(BUSINESS WIRE)–Analog Devices, Inc. (Nasdaq: ADI) and Maxim Integrated Products, Inc. (Nasdaq: MXIM) today announced that they have entered into a definitive agreement under which ADI will acquire Maxim in an all stock transaction that values the combined enterprise at over $68 billion2. The transaction, which was unanimously approved by […]
Elbit Systems of America, a subsidiary of Elbit Systems and the Harris Corporation have agreed to move forward with the acquisition of Harris’ Night Vision business for $350 million. The acquisition of Harris’ night vision business opens a huge market for Elbit Systems, both domestic and international. Over 50 years Harris and its predecessors Exelis […]
Premstaetten, Austria (9 July 2020) — ams (SIX: AMS), a leading worldwide supplier of high performance sensor solutions, announces the successful closing of the OSRAM Licht AG (OSRAM) acquisition. The takeover offer has been fully settled today and the offer price paid to the holders of the tendered shares. Source: OSRAM-closing – OSRAM-closing | ams
The automotive power electronics market is projected to grow from $ 3.8 billion in 2020 to $4.7 billion by 2025, at a CAGR of 4.7 per cent as per a report by MarketsandMarkets. The report said that increasing electronics content inside the vehicle for the operation of specific vehicle applications and government mandates related to […]
WASHINGTON: The Army has now narrowed its future aircraft choices to Sikorsky vs. Bell.This afternoon, the service announced that it had picked Sikorsky and Bell to build competing prototypes for Future Attack Reconnaissance Aircraft (FARA), a high-speed optionally manned scout to replace the retired Bell OH-58 Kiowa. Just eight days ago, it picked the same […]
TUCSON, Ariz., June 26, 2020 /PRNewswire/ — Raytheon Missiles & Defense, a Raytheon Technologies business (NYSE: RTX), received a $2.3 billion U.S. Missile Defense Agency production contract for seven gallium nitride (GaN)-based AN/TPY-2 radars as part of the Terminal High Altitude Area Defense (THAAD) system, which is designed to protect against incoming ballistic missile threats. The […]
