22 SMT Magazine • June 2017
companies operating in the aerospace, defense,
security and space market sectors in the UK.
Nortech Systems Reports Q1 Sales
of $28M
Nortech Systems Inc. has reported net sales of
$28.3 million for the first quarter ended March 31,
2017, compared with net sales of $29 million for
the first quarter of 2016.
Ducommun Reports Revenue of
$136.3M in Q1 2017
Ducommun Inc. has reported revenue of $136.3
million and net income of $2.1 million for its first
quarter ended April 1, 2017.
Neways Records Higher Turnover and
Order Intake in Q1 2017
In the first quarter, net turnover increased fully or-
ganically by 9.5% on a year-on-year basis, with
higher sales contributions from semiconductor,
automotive and defense sectors.
Celestica Reports Q1 2017 Revenue
of $1.47B
Celestica Inc. has announced revenue of $1.47 bil-
lion for the first quarter ended March 31, 2017,
above the mid-point of previously provided guid-
ance range of $1.4 to $1.5 billion, and up by 9%
compared to the first quarter of 2016.
Zentech Narrows New Site Location Choices
for Expansion in Maryland, Virginia
Zentech Manufacturing Inc. is reviewing available
sites in Baltimore, Anne Arundel, Howard County
and Virginia with a final site selection imminent.
Libra Industries Expands Sales Team
in Texas
Libra Industries has added two new representa-
tives: Gary Tanel from TechBiz Consulting LLC and
David Smith will represent Libra Industries in Texas.
Congressman McCaul Discusses U.S. Policy
Priorities with VirTex Staff
Executives and staff at VirTex's Austin, Texas facil-
ity held a town hall discussion with Congressman
Michael McCaul (R-TX-10) on the federal policy is-
sues facing the advanced manufacturing industry.
Kitron Posts Strong Revenue Growth
in Q1 2017
Kitron's revenue in the first quarter amounted to
NOK 585 million, compared to NOK 497 million in
the same quarter last year. Operating profit was NOK
30.9 million, compared NOK 20.5 million last year.
Benchmark Electronics to Relocate
Headquarters to Arizona
Benchmark Electronics, a global engineering, de-
sign, and integrated electronics manufacturing
company, will relocate its corporate headquarters
from Angleton, Texas to Arizona.
Stadium IGT Joins ADS to Advance
Opportunities in Aerospace and Defense
Stadium Group's HMI division, Stadium IGT Ltd,
has joined ADS, the leading trade organization for
MilAero007
Highlights
