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 […]
As announced at the end of June, engineered materials and optoelectronic component maker II-VI Inc of Saxonburg, PA, USA – which manufactures silicon carbide (SiC) substrates – has licensed SiC technology from General Electric with a view to moving into power device and module manufacturing. Just like II-VI’s main competitors in the SiC wafer market […]
BAE Systems’ U.S. subsidiary has agreed to acquire two businesses that are being divested in order for United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) to secure the required antitrust approval for their pending merger. Source: BAE’s US Arm to Buy Two Businesses From Raytheon, UTC’s Collins Aerospace; Jerry DeMuro Quoted – GovCon Wire
HANSCOM AIR FORCE BASE, Mass. – U.S. Air Force tactical radar experts are moving forward with a quick-turnaround plan to recompete an air-defense radar system intended to detect, identify and track enemy missiles as well as manned and unmanned aircraft. Source: radar recompete 3DELRR | Military & Aerospace Electronics
ANDOVER, Mass., Feb. 21, 2020 /PRNewswire/ — Raytheon Company [NYSE: RTN] finished building the first radar antenna array for the U.S. Army’s Lower Tier Air and Missile Defense Sensor. Raytheon completed the work less than 120 days after the U.S. Army selected Raytheon to build LTAMDS, a next-generation radar that will defeat advanced threats like hypersonic […]
Even as electric vehicle technology transforms the industry, most EV chargers still bear a strange likeness to the traditional internal-combustion world, plugging into a port on the car just like an old-fashioned gas pump nozzle. Source: Startup Power Hydrant tests robotics for EV charging
In 2019, the worldwide contract manufacturing (CM) services market increased nominally — by 2.5 percent in total revenue — resulting in combined EMS and ODM revenue of over $555 billion, an expansion of $13 billion from the previous year, according to New Venture Research. The Worldwide Electronics Manufacturing Services Market – 2020 Edition reports revenue […]
