64 The PCB Magazine • June 2014
Mil/Aero007
News Highlights
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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 con-
cerning the sale of the swedish shipyard thyssen-
Krupp marine systems aB (formerly named Koc-
kums) with operations in malmö, Karlskrona and
muskö to saab aB.
Celestica Earns Supplier Award
from Rockwell Collins
the company was presented with the 2014 assem-
blies supplier of the Year award from rockwell col-
lins during the recent annual supplier conference
held in cedar rapids, iowa. the award is an ac-
knowledgement 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 electron
-
ics 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.
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. operating
margins expanded year-over-year reflecting higher
revenues and an improved product mix."
Digicom Electronics Earns
ITAR Registration
"our attention to quality and detail and our ability
to handle low-volume, high-end products has en
-
abled us to prototype and manufacture many mili-
tary, aerospace, and government-related projects,"
explained gm mo ohady. "receiving itar certifi-
cation expands the base of projects we can accept
and gives more flexibility to our customers."
onCore Implements E2open's Supplier
Collaboration Solution
oncore manufacturing llc, a global supplier of
ems, has implemented e2open's supplier collabora-
tion 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-million
dollar contract signing with the Boeing co. to sup
-
port the combat survivor evader locater (csel), a
major government program that is the u.s. depart-
ment of defense (dod) Program of record for joint
search and rescue.
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 helping
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 backlog
puts us in excellent position to meet our revenue
target of 20% year-over-year growth by the end of
2014. we strongly believe that manufacturing 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 subsequent
increase in costs, unmanageable processes, and in
-
tellectual property protection concern of manufac-
turing 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, presi-
dent and ceo. "while the mixed economic recov-
ery is impacting each of our customers differently,
we continue focusing on improving our operating
performance by managing the areas under our con-
trol and actively working on building a qualified
sales pipeline."
64 The PCB Magazine • June 2014
