SMT007 Magazine


Issue link:

Contents of this Issue


Page 21 of 95

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

Articles in this issue

Links on this page

Archives of this issue

view archives of SMT007 Magazine - SMT-Jun2017