SMT007 Magazine

SMT-June2014

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56 SMT Magazine • June 2014 Mil/Aero007 news Highlights 56 SMT Magazine • June 2014 Saab to Acquire ThyssenKrupp, Inks Mou Thyssenkrupp industrial Solutions ag, a subsidiary of Thyssenkrupp ag, and Saab ab have signed a non-binding Memorandum of understanding concerning the sale of the Swedish shipyard Thys- senkrupp Marine Systems ab (formerly named kockums) with operations in Malmö, karlskrona and Muskö, to Saab ab. Celestica earns Supplier Award from Rockwell Collins The company was presented with the 2014 as- semblies Supplier of the year award from rockwell Collins during the recent annual Supplier Con- ference held in Cedar rapids, Iowa. The award is an acknowledgement of significant contributions made during the year by suppliers and is based upon quality, delivery, total cost of ownership, lead time, and customer service. Sypris' electronics group: 16% Revenue Increase in Q1 The company reported revenue of $84.2 million for the first quarter compared to $78.4 million for the first quarter of 2013. revenue for the elec- tronics Group expanded 16% to $8.4 million in the first quarter, an increase of $1.1 million from $7.3 million in the comparable prior year quarter, primarily due to higher electronic manufacturing and engineering services revenue. Ducommun Posts 2.2% Sales Increase in Q1 "The first quarter of 2014 showed the diversity of ducommun's product portfolio and strength of our operating leverage," said anthony j. reardon, chairman and Ceo. "Top line growth was driven by gains across our commercial aerospace busi- ness, including a further pickup in revenue with airbus and on boeing's 787 platform. Digicom electronics earns ITAR Registration "our attention to quality and detail and our abil- ity to handle low-volume, high-end products has enabled us to prototype and manufacture many military, aerospace, and government-related projects," explained GM Mo ohady. "receiving ITar certification expands the base of projects we can accept and gives more flexibility to our cus- tomers." OnCore Implements e2open's Supplier Collaboration Solution onCore Manufacturing, LLC, a global supplier of eMS, has implemented e2open's supplier collabo- ration solution. e2open enables onCore to offer more effective customer service—given the real world of unpredictable demand. Cal Quality to Support Boeing's CSeL Program The company announced a multi-year, multi-mil- lion dollar contract signing with The boeing Co. to support the Combat Survivor evader locater (CSel), a major government program that is the u.S. department of defense program of record for Joint Search and rescue. Cal Quality is provid- ing manufacturing, assembly, and testing services to boeing. API nets $1.6M Filter Solutions Order "our customers in the electronic warfare arena de- mand products that address a broad set of tech- nical requirements with unparalleled performance and reliability," said bel Lazar, president and Ceo, apI Technologies. "as a supplier to both emerging and existing ew platforms, our products are help- ing save the lives of warfighters from our armed forces and allies around the world every day." Probe Order Backlog Rises to $3M; To Meet Target kam Mahdi, Ceo, commented, "our order back- log puts us in excellent position to meet our rev- enue target of 20% year-over-year growth by the end of 2014. we strongly believe that manufactur- ing for small to medium sized businesses is coming back to the u.S. we have witnessed businesses of this size become adversely affected by the subse- quent increase in costs, unmanageable processes, and intellectual property protection concern of manufacturing abroad." nortech: Modest growth in Q1; Continues Improvements "we're pleased to see our pretax profits rise 13% on a slight sales increase," said rich wasielewski, president and Ceo. "while the mixed economic recovery is impacting each of our customers dif- ferently, we continue focusing on improving our operating performance by managing the areas un- der our control and actively working on building a qualified sales pipeline."

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