30 SMT Magazine • May 2016
$354.8 million for the prior year and a net loss of
$27.2 million, compared to a net loss of $1.2 mil-
lion for the prior year.
Kingfield Boosts Capabilities with
Fourth ESS Chamber
Contract electronics manufacturer Kingfield elec-
tronics has added a fourth environmental test
chamber to further increase its existing ESS test
capabilities.
CTS acquires CTG advanced Materials
CTS Corp. has announced the acquisition of CTG
Advanced Materials LLC for $73 million in cash.
ERaPSCO/SonobuoyTech Systems Wins
$17.5M in Foreign Contracts
Ultra Electronics USSI, a subsidiary of Ultra Elec-
tronics Holdings, and Sparton Corp. have received
subcontracts valued at $17.5 million from their
ERAPSCO/SonobuoyTech Systems joint venture.
BaE Systems, Shengyi Receive IPC
Corporate Recognition awards
During the recent IPC APEX EXPO, IPC bestowed
its highest corporate honors—the IPC Stan Plzak
Corporate Recognition Award and the IPC Peter
Sarmanian Corporate Recognition Award—to BAE
Systems and Shengyi Technology Co. Ltd, respec-
tively.
Northrop Grumman awards Radar
Contracts to Kitron
Kitron has been selected as an international source
for manufacturing of a sub-assembly related to the
JSF Radar system developed by Northrop Grum-
man Corp. for the F-35 Lightning II.
FTG Completes acquisition of all
Photoetch assets
Firan Technology Group Corp.'s US subsidiary FTG
Aerospace Inc. has acquired substantially all of the
assets of Airco Industries LLC, a Texas based de-
signer and manufacturer of a full portfolio of cock-
pit products, electronic assemblies and simulator
solutions.
Sparton Explores Strategic alternatives
Sparton Corp. has been exploring a range of stra-
tegic alternatives aimed at identifying the best way
to enhance shareholder value.
Valtronic Expands Sales
Department throughout the U.S.
Valtronic Technologies USA Inc. announces the
addition of Charles Connell as sales engineer – east
Coast, and Jennifer Aldridge as sales engineer –
West Coast.
asteelflash Moves Up in MMI's Top 50
Ranking of EMS Providers Worldwide
From 20th place in the 2014 ranking, French EMS
firm Asteelflash has moved up three notches to
take the 17th spot in MMI's ranking of EMS pro-
viders worldwide.
Sypris Reports $27M Net Loss for 2015
For the full year ended December 31, 2015, Sypris
reported revenue of $145.3 million compared to
Milaero007
Highlights
