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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.

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.

Teeth Being Restored and Jobs Being Reshored

One of the early applications for 3D printing/additive manufacturing (AM) was in the medical industry. As the machines and materials have improved, the use of these technologies expanded into almost every application. In medical, there are unique challenges as patient safety is paramount and government regulation and insurance issues structure what can and will be done.

Additive Manufacturing: A Global Perspective

Stefan Ritt, vice president, Global Marketing and Communications (Lübeck, Germany; Wixom, MI), is a recognized leader and expert in AM metals business and applications. He has seen current metal additive manufacturing (AM) applications and developments giving him a unique perspective on this market and where it is going.