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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.

GE Unveils New Digital Manufacturing Features

Today at Minds + Machines Europe, GE (NYSE: GE) charted the course for digital industrial growth, unveiling new solutions that are purpose built for industrial assets, environments and operations. The event outlined the path to greater productivity for customers who take advantage of advances in the company’s leading Asset Performance Management (APM) and ServiceMax industrial applications, powered by Predix, GE’s platform for the Industrial Internet.

AFFOA opens state-of-the-art facility for protoyping advanced fabrics

Just over a year after its funding award, a new center for the development and commercialization of advanced fabrics is officially opening its headquarters today in Cambridge, Massachusetts, and will be unveiling the first two advanced fabric products to be commercialized from the center’s work.

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.

To do: Get faster, cheaper, more flexible & less wasteful

Additive manufacturing firms are focused intently on speeding up the 3D printing process, radically expanding the development of printing materials, printing larger parts, wasting less material, reducing the cost of capital equipment overall and addressing issues that will lead to the move from prototyping to rapid manufacturing.