SMT007 Magazine

SMT-Dec2016

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42 SMT Magazine • December 2016 NEO Tech Invests in New Capabilities and Expands Capacity at Otay Mesa Site NEO Tech continues to invest in infrastructure, equipment, processes, and personnel at its Otay Mesa manufacturing site in Tijuana, Mexico. Cirtronics Installs Powerful 3D AOI Solution for Accurate Inspection Results Cirtronics has added Viscom's S3088 ultra blue AOI system to each of their production lines in its facility in Milford, New Hampshire. Kitron Lands IBA Contract for Lockheed Martin's F-35 Program Kitron has received a multimillion dollar contract from Lockheed Martin for production of Integrat- ed Backplane Assembly (IBA) for the F-35 Low Rate Initial Production program, LRIP 11. MC Assembly Expands Market Reach MC Assembly has signed new business contracts across its three North American manufacturing fa- cilities this year that give the company an expand- ed reach in the aerospace/defense, industrial and telecommunications market sectors. Sparton and Ultra Electronics JV Awarded $4.1M in Contracts Sparton Corp. and Ultra Electronics USSI, a subsid- iary of Ultra Electronics Holdings plc, announce the award of subcontracts valued at $4.1 million from their ERAPSCO/SonobuoyTech Systems joint ven- ture. Celestica 3Q Revenue Up 10% YoY Celestica Inc. has reported revenues of $1.55 bil- lion for the third quarter ended September 30, 2016, an increase of 5% sequentially and 10% compared to the third quarter of 2015. IEC to Cut 73 Jobs in Newark Facility IEC Electronics Corp. has confirmed a workforce re- duction of approximately 73 full time employees at its Newark, New York facility. Sparton Releases 1Q FY2017 Results Sparton Corp. has announced net sales of 100.4 million, with gross profit margin of 17.2%, for the first quarter of fiscal year 2017 ended October 2, 2016. Kitron Posts Stable Top Line and Continued Operational Improvements Kitron's revenue in the third quarter amounted to NOK463 million, compared to NOK468 million in the third quarter last year. Plexus Reports FY2016 Revenue of $2.6B Plexus has announced financial results for its fiscal fourth quarter ended October 1, 2016, and guid- ance for its fiscal first quarter ending December 31, 2016. MilAero007 Highlights

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