SMT007 Magazine

SMT-Apr2014

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72 SMT Magazine • April 2014 Mil/aero007 News highlights 72 SMT Magazine • April 2014 Ducommun Gains TOW Missiles Contract from raytheon Ducommun Incorporated has received a follow-on award from raytheon Company to continue provid- ing complex wiring harnesses and printed circuit card assemblies for the tube-launched, optically- tracked, wireless-guided (TOW) weapon system. The contract extends the Company's support of the pro- gram through 2014. Nortech's 17% Sales rise Driven by New programs nortech Systems incorporated, a leading provider of full-service eMS, has reported net sales of $29.3 million for the fourth quarter ended December 31, 2013, a 17% increase compared with net sales of $25 million for the fourth quarter of 2012. MC assembly achieves aS 9100 rev C Certification This certification, which provides a common set of quality requirements across the global aerospace community, accredits MC Assembly's Quality Man- agement System compliance to the aerospace re- quirements to manufacture and service PCb assem- blies, sub-assemblies, and final assemblies. Sypris' Electronics Group posts 20% revenue Drop revenue for the Electronics group was $10 million in the fourth quarter of 2013 compared to $12 mil- lion in the prior year period, reflecting lower product sales to overseas customers and budgetary and fund- ing uncertainties within the u.S. dod. advantage Eyes Special Nuclear Materials project in a recent statement, President and ceo Jody Single- ton declared, "Advantage will be honored if awarded a contract and we will be proud to bring our unique capabilities in gamma spectroscopy threat detection as well as the benefits of the small size, light weight and exceptional power management features we typically employ in instrumentation development. MiNT region to increase Defense Spending by $20B reportsnreports.com adds "future of the MInT De- fense industry—Market Attractiveness, competitive landscape and forecasts to 2019" research report to its store. It says the MInT defense industry is ex- pected to become one of the most attractive defense markets in review period. The Mexico, Indonesia, nigeria, and Turkey (MInT) region is expected to in- crease its defense spending from uS $40.6 billion to uS $61.1 billion over the forecast period, according the new report. Orbit reports Sales Drop in Q4, FY 2013 Mitchell binder, president and CEO, stated, "2013 was a difficult year for our company resulting from challenging business conditions in the defense indus- try. like most companies in our industry, including large defense prime contractors, as well as short sales cycle defense contractors like Orbit, our revenues de- clined from the prior year as reorders on many of our legacy products were delayed..." Military Communications Market to reach $30B by 2022 "Managing bandwidth in increasingly congested spectrum will be a key challenge in meeting future demands for data-centric military communications," observed Asif Anwar, director of the AdS service. "This is leading to the use of higher frequencies, par- ticularly evident in the military satellite communica- tions segment with adoption of ka-band." DoD releases 2015 Budget proposal of $495.6 Billion President Obama has sent Congress a proposed de- fense budget of $495.6 billion in discretionary bud- get authority to fund base defense programs in fis- cal year 2015. The request is $0.4 billion less than the enacted Fy 2014 appropriation and is consistent with the current budget caps. india Becomes largest Defense Market for U.S. "We are seeing trade patterns fundamentally change for the dominant players," said ben Moores, the study's author. "The most notable change is the spectacular level of imports from India. China, In- donesia, Egypt, and Taiwan all saw imports increase by one billion. When we look at India, those figures were $5.9 billion. by 2015, our forecasts show that number jumping to $8.16 billion."

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