The Gartner, Inc. 2020 Hype Cycle for Supply Chain Strategy shows that the Internet of Things (IoT) has reached the bottom of the Trough of Disillusionment. The market will begin to climb out of this trough, as the technology advances and practitioners succeed in defining the best opportunities for the unique measurement and tracking capabilities of IoT.
WASHINGTON – AMERGINT Technologies, Inc. in Colorado Springs, Colo., has completed the purchase of the Collins Aerospace space-based optics business from Raytheon Technologies Corp. C4ISRnet reports. Continue reading original article
WASHINGTON (AP) — The Air Force on Tuesday awarded a $13.3 billion contract for engineering and development work on a replacement for the Minuteman 3 missile, which has operated continuously for half a century as a key part of the nuclear force.
Lockheed Martin (LMT) has been one of the names I have been bullish on for some years. Admittedly, the stock price performance since I wrote my first report on Lockheed Martin has only outperformed the broader market by a few percent, but its total return has been strong and that’s realized by strong growth in the dividends. In turn, that ability to grow dividends is driven by a strong product complementary product portfolio and ongoing wins in the field.
FRAMINGHAM, Mass. August 27, 2020 — The worldwide smartphone market is forecast to decline 9.5% year over year in 2020 with shipments totaling 1.2 billion units, according to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracke r. While the second quarter of 2020 (2Q20) resulted in slightly better than expected numbers, the market was still down 17% year over year with visible signs of economic concerns. On a positive note, IDC expects the smartphone market will return to a full recovery by 2022, and will achieve a compound annual growth rate (CAGR) of 1.7% over the five year forecast, largely driven by the assumption that smartphones will continue to be the computing platform of choice for most of the world.
WASHINGTON — The State Department has made a determination approving a possible Foreign Military Sale to the Government of Japan of thirty-two (32) AIM-120C-8 Advanced Medium Range Air-to-Air Missiles (AMRAAM) with support for an estimated cost of $63 million. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale today.
ABBOTT PARK, Ill., Aug. 26, 2020 /PRNewswire/ — Abbott (NYSE: ABT) announced today that the U.S. Food and Drug Administration (FDA) has issued Emergency Use Authorization (EUA) for its BinaxNOW™ COVID-19 Ag Card rapid test for detection of COVID-19 infection. Abbott will sell this test for $5. It is highly portable (about the size of a credit card), affordable and provides results in 15 minutes. BinaxNOW uses proven Abbott lateral flow technology, making it a reliable and familiar format for frequent mass testing through their healthcare provider. With no equipment required, the device will be an important tool to manage risk by quickly identifying infectious people so they don’t spread the disease to others.
Source: Abbott’s Fast, $5, 15-Minute, Easy-to-Use COVID-19 Antigen Test Receives FDA Emergency Use Authorization; Mobile App Displays Test Results to Help Our Return to Daily Life; Ramping Production to 50 Million Tests a Month – Aug 26, 2020
Burlington-based Desktop Metal Inc. is the latest Massachusetts company to go public this year thanks to an accelerated procedure called a reverse merger.Not including more than a dozen life sciences IPOs this year, Desktop Metal is the fourth Massachusetts company to go public this year. Non-biotech companies that went public this year include daily fantasy sports betting company DraftKings Inc. (Nasdaq: DKNG) which also went public via a reverse merger, Duck Creek Technologies (Nasdaq: DCT) and Amwell.The 3-D printing company announced Wednesday it will become a publicly traded company through a merger deal with a special purpose acquisition company, or SPAC. In a release, Desktop Metal said early Wednesday it had signed a merger agreement with Trine Acquisition Corp. (NYS
SEOUL — Korea will double the number of F-35 stealth fighter jets it will buy from the United States, including variants that will operate on the country’s first aircraft carrier, according to military sources.
FDA warned earlier this week that Thermo Fisher Scientific’s TaqPath test could have a risk of false results. This follows the Waltham, MA-based company exiting its bid to acquire Qiagen for $12.5 billion.
Many of us have seen and even felt what it’s like to have a test for COVID-19. One Connecticut medical science company saw the national struggle to make tests available, so they took on the challenge.
Acacia Communications Inc of Maynard, MA, USA (which develops and manufactures high-speed coherent optical interconnect products) is sampling new 100G coherent pluggable solutions specifically designed for optimization in edge and access applications with unamplified links up to 120km.
- Momentum Builds For Advanced PackagingSeptember 18, 2020 - 10:11 am
- Chip Industry Wants $50 Billion to Keep Manufacturing in U.S.September 17, 2020 - 12:53 pm
- Gartner: IoT 2-5 Years From Transformational Impact September 16, 2020 - 12:34 pm
- AMERGINT eyes acquisition of space-based optics business from Raytheon Technologies following mergerSeptember 16, 2020 - 11:52 am