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Hexagon AB, a developer of sensor, software and autonomous solutions announced the signing of an agreement to acquire DP Technology Corp., developer of the ESPRIT CAM System.

Part 1 of this three-part series on the Connected Machine Shop ran in the July issue of Manufacturing Engineering.

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.

Condition monitoring is exploding. All manufacturers of any type of equipment are putting sensors in their machines,” said Michael Fry, a director with CIMdata.

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.

Manufacturers are accelerating use of Internet of Things (IoT) technology, according to a survey of 66 companies.

To improve time to market and productivity at Honda, the Japanese automaker partnered with the French software giant Dassault Systèmes on planning structure, including a new model process development (NMPD) project, Ron Emerson said here this week at Dassault’s 3DExperience Forum North America event.

As manufacturing becomes ever more complex, tools that assist workers with difficult or unfamiliar tasks are becoming critical to process efficiency and product quality. An explosion in the development of mobile, wearable, and augmented reality (AR) computing technologies has thus created a new world of possibilities for the manufacturing industry.

Shops looking for ways to improve productivity in traditional subtractive machining processes need look no further than ways to reduce setup time, improve spindle uptime, and implement CNC programming efficiencies. Shop managers overwhelmed by claims about the future of digitalization and Industry 4.0 can find ways to translate that exciting promise into their day-to-day operations—today.

If you look at all the companies that were on the Fortune 500 list in 1990, “a very large percentage of them are not there anymore,” David Brousell, executive director of the Manufacturing Leadership Council, told people attending his talk on “Manufacturing 4.0” at Oracle’s recent Modern Business Experience conference.