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How to save a cool $100 million. Each year.

A major aerospace equipment manufacturer struggled to balance supply and demand. The failure resulted in long lead times, high inventory, rising costs and an inability to meet customer demand. The manufacturer risked loss of market share.

NAMRI/SME Highlights Research Innovations at NAMRC Conference

Manufacturing academics were honored for their service, contributions and outstanding manufacturing research during the annual North American Manufacturing Research Conference (NAMRC), held by the North American Manufacturing Research Institution of SME (NAMRI/SME).

Northrop Grumman Lands $9.6-M Navy Torpedo Contract

The U.S. Navy has awarded Northrop Grumman Corporation (NYSE: NOC) a $9.6 million contract, with options up to $40.5 million, to produce the Transducer Array/Nose Shell Assembly of the MK 48 heavyweight torpedo.