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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.

Programming Time Taken Saves Setup, Tooling Costs

At Jaktool LLC (Cranbury, NJ), a team of young inquisitive engineers is investing the time to explore the full potential of its manufacturing software and machines to take on the complex jobs no one else wants. Using Mastercam CAD/CAM programming software from CNC Software Inc. (Tolland, CT), Jaktool is able to save setup times and tooling costs, and reduce cycle times, while delivering exceptional customer service to a diverse cross section of 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.

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.

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.