64 SMT Magazine • March 2015
Mil/Aero007
News Highlights
64 SMT Magazine • March 2015
Medovex Enters Manufacturing
Agreement with Nortech
Jarrett Gorlin, CEO of Medoxex Corporation stat-
ed, "Nortech Systems strong reputation and ca-
pabilities in the medical device field makes them
an excellent partner for the manufacturing of the
DenerveX device. We firmly believe this relation-
ship will ensure that the DenerveX device provides
a reliable and effective tool for the treatment of
Facet Joint Pain."
DARPA Boosts Investment in
LRASM Program
Initiated in 2009 in collaboration with the U.S.
Navy and U.S. Air Force, DARPA's Long Range Anti-
Ship Missile (LRASM) program has been investing
in advanced technologies to provide a leap ahead
in U.S. surface warfare capability.
Saab to Support U.S. Marine Corps'
Next Gen Radar Program
Defence and security company Saab's U.S. based
company, Saab Defense and Security USA LLC,
has been awarded a contract from Northrop
Grumman Corporation for components and
subsystems of the U.S. Marine Corps AN/TPS-80
Ground/Air Task Oriented Radar (G/ATOR) sys
-
tem. The order value of the contract is MSEK 247
($32 million).
TT Electronics-IMS Facility Earns
Nadcap Accreditation
TT Electronics Integrated Manufacturing Services
(IMS) announces that its Fairford facility (formerly
known as New Chapel Electronics Ltd) has re-
ceived Nadcap accreditation for Electronics Cable
and Harness Assemblies (AC7121).
Sparton, Ultra Electronics JV Nets
$57M Sonobuoy Contract
Sparton Corporation and Ultra Electronics Hold-
ings plc (ULE) announce the award of subcon-
tracts valued at $57 million to their ERAPSCO joint
venture, for the manufacture of sonobuoys for the
U. S. Navy.
OSI Systems Reports Record Sales
in Q2 Fiscal 2015
"We are pleased to announce strong second quar-
ter financial results. Led by our security division,
we achieved record sales and record earnings per
share. With a solid pipeline of opportunities and
strong balance sheet, we believe we are well po-
sitioned for future growth," said Deepak Chopra,
OSI Systems' Chairman and CEO.
NATEL EMS Names Ducommun
Star Supplier
Ducommun Incorporated today reported it has
been named a Star Supplier for 2014 by NATEL
EMS, an engineering solutions provider in the
electronics manufacturing services industry.
Ducommun Nets $7.3M Tomahawk
Cruise Missile Contract
Ducommun Incorporated has received contracts
valued, in aggregate, at approximately $7.3 mil-
lion from Raytheon to continue producing a vari-
ety of interconnect and electronic assemblies for
the U.S. Navy's Tomahawk cruise missile through
2016.
IDTechEx Sees Rapidly Changing
$7.5B Market for Drones
Dr. Harrop, Chairman of IDTechEx says, "The big-
gest market sub-sector will be small UAVs that
are not toys or personal, with $2 billion in sales
in 2025 generating over $20 billion in benefits in
agriculture, border protection, parcel delivery, lo-
gistics such as warehousing, coastguard, customs,
search and rescue, medical emergency, malaria re-
search, mine detection, protection of rare species,
movie production and so on."
Sparton Acquires KEP; Enhances
Marine Market Position
Sparton Corporation announced that its wholly
owned subsidiary, Sparton IED LLC completed the
acquisition of KEP Marine, a $3 million revenue
business, from Kessler-Ellis Products Inc. on Janu-
ary 21, 2015 in an all-cash transaction.
