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Boeing Reports Record Loss

Boeing Co. today reported a record annual loss of almost $12 billion as it dealt with the 737 Max crisis and a slump in demand for air travel.

VR stands ready to stand in (for R)

When designers at Siemens started using virtual reality (VR) to quickly evaluate early-stage ideas, the usually slow and costly design-and-iteration process went from days and hours to minutes.

IACMI supplies scale-up testing for new composite parts

Until just a few years ago, if a vehicle maker wanted to test the process for making a newly designed composite part at full scale, the company’s R&D engineers would call one of its Tier Ones and ask to schedule a trial run on the composites fabricator’s machines during off hours.

NCDMM Announces Organizational Restructuring

The National Center for Defense Manufacturing and Machining (NCDMM) announced on August 13 the restructuring of its organizational operations to include a new holding company and a subsidiary/sister company to support its long-term growth strategy within the global advanced manufacturing industry.

Mastercam Retains Top Ranking Worldwide in 2020

More shops and schools invest in Mastercam than any other CAD/CAM software package in the world, according to CIMdata, an independent research firm specializing in the NC industry. CIMdata reports that Mastercam is the number one CAM software used worldwide for 26 years in a row

Digital Transformation Picks up Speed

Fostering human-centered innovation by developing powerful, easy-to-use tools is at the heart of the new products, enhancements and services showcased during the Siemens Digital Industries Software 2020 Media & Analyst Conference, a two-day virtual event hosted by the Plano, Texas-based company on June 16 and 17.