News
HUNTSVILLE, AR – General Dynamics Armament and Technical Products has awarded EMS provider LaBarge a $3.5 million add-on contract to produce electronics assemblies for the Aegis Weapon System.
The Aegis Weapon System integrates AN/SPY-1 radar, Mk 41 Vertical Launching System and US Navy missiles with its own command and control system.
LaBarge has manufactured electronics assemblies for the Aegis program for more than a decade.
Production on this latest contract is expected to begin in May and continue through November.
TAIPEI -- Hon Hai (Foxconn) reported November non-consolidated revenues fell for the second straight month despite a 61% year-over-year jump in sales.
WASHINGTON -- The US Commerce Department seeks public input on a revised export control list.
CAMBRIDGE, MA – Printed electronics is seeing a surge in orders, government and industry-funded development programs, acquisitions and company fundraising, says IDTechEx.
It is now at a “tipping point” because of a sharp improvement in performance, price and repertoire, says the research firm.
FRAMINGHAM, MA – Worldwide semiconductor revenues will grow 9% year-over-year in 2011 to $303 billion, and will achieve a CAGR of 6% for the 2010 to 2015 forecast period, according to International Data Corp. Revenues will hit nearly $380 billion by 2015, the firm says.
IRVING, TX – Private equity startup Longwater Opportunities has purchased 40% of PCB maker W-Tek.
Financial terms were not disclosed.
Longwater purchased Circuitronics last year, when W-Tek was a supplier to the PCB assembler.
Circuitronics’ former owner Jeff Forbus purchased 60% of W-Tek, say published reports.
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