Raytheon Technologies Corp. (NYSE: RTX) signed a $6 billion contract modification Monday to provide the Defense Logistics Agency with parts and repair and engineering services for multiple weapons systems.
Source: Raytheon signs $6B contract modification with DOD – Washington Business Journal
Healthcare worldwide is at an exciting inflection point. On the one hand is reactive medicine, which to a large extent describes the profile of the existing system – you get sick, visit your healthcare provider, get treated and go home.
Source: 3 Ways to Speed Up the Healthcare Product Development Cycle | Jabil
ATLANTA, Ga. (AP) — A battery company plans a $940 million expansion of a manufacturing plant in Georgia, Gov. Brian Kemp’s office said Thursday.Kemp’s office says in a news release that the expansion by the company “SK innovation” in Jackson County will create 600 jobs.
Source: Vehicle Battery Maker Plans $940M Expansion | Manufacturing.net
NASHUA, N.H. – The U.S. Navy surface warship fleet in 2019 achieved important strides in shipbuilding and fielding new weapons. In late June, the Naval Sea Systems Command’s (NAVSEA) Electric Ships program office released a Naval Power and Energy Systems Technology Development Roadmap, or NPES-TDR — a path to new enabling technologies for exotic new shipboard weapons and sensors.
Source: Shipboard electronics | Military & Aerospace Electronics
Segway, which boldly claimed its two-wheeled personal transporter would revolutionize the way people get around, is ending production of its namesake vehicle.The Segway PT, popular with tourists and police officers but perhaps better known for its high-profile crashes, will be retired on July 15, the company said in a statement.
Source: Segway Ending Production of its Namesake Vehicle | Manufacturing.net
NASA is continuing with its plans to build the Gateway space station that will orbit around the moon, as part of its efforts to create a sustainable, long-term lunar presence. The agency has announced it is awarding a $187 million contract to aerospace company Northrop Grumman to design the habitation and logistics outpost (HALO) for the station, with a first design review expected by the end of the year.
Source: NASA Announces Contract With Northrop Grumman for Gateway | Digital Trends
Tom Ryden, executive director of nonprofit MassRobotics, did something last week that’s rare for tech workers these days: he picked up a call not from his living room or home desk, but from his office in the Seaport.
Lockheed Martin is making significant scheduling changes to hold on to employees while dealing with supplier delays impacting the F-35 program as a result of the COVID-19 pandemic.
Source: Lockheed Scales Back F-35 Program | Manufacturing.net
ECIA reports CY19 global passive sales (capacitors, inductors, and resistors) declined 13.7% in dollars and down 27.7% in units. Average selling price improved 19.3%. Units sales were 5.4 trillion units totaling $27.7 billion.
Source: ECIA: CY19 Global Passive Sales Decline 13.7% From 2018
