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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.

Machinery Industry Is Healthy, Expanding

“We expect to see the world machinery market grow in the next five years,” said Arun Kumar a director at AlixPartners in a discussion he and I had recently.

Robots, Shop Personnel Collaborate, Maximizing Synergy and Safety

Efficient manufacturing calls for coordinated systems of shop personnel, equipment and software. These systems increasingly include robotic technology, as manufacturers recognize the reliability, repeatability and flexibility that robots provide. According to the International Federation of Robotics, the number of industrial robots in use worldwide will increase to around 2.6 million by 2019, about one million more than in 2015. Approximately 70% of industrial robots are used in the automotive, electrical/electronics and metal and machinery industries.

Epicor Introduces Latest Version of Epicor ERP

Unveiled at its Insights 2017 customer conference today, Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth, introduced the latest version of Epicor ERP, the global enterprise resource planning solution in use today by thousands of customers in 150 countries worldwide.

Oerlikon Agrees to Acquire Scoperta

Oerlikon announced today that it has signed an agreement to acquire Scoperta Inc., an innovative solution provider in advanced materials development, based in California, USA.

Technology Tailored to Shop’s Machining Needs

You don’t have to look too far to find tooling presetters that fit the machining requirements of just about any size shop. The value of off-line tool presetting—rather than stopping machine spindles to touch off tools as machines sit idle—continues to prove itself invaluable, especially to the smallest first-time user shops.