| Boeing Company said it plans to cut approximately 800 positions at its Integrated Defense Systems facility in Wichita during 2009. Boeing attributes the reductions to the end of some programs and the delay in the U.S. Air Force tanker-replacement program. The layoffs will impact managers and both salaried and hourly workers. Read More |
| Boeing said that the NATO Airlift Management Agency (NAMA) general manager, on behalf of the Strategic Airlift Capability (SAC) nations, has signed a Letter of Offer and Acceptance with the U.S. government for the acquisition of two Boeing C-17 Globemaster III long-range cargo jets. Read More |
| General Dynamics and The Carlyle Group, a private equity firm, have entered into a definitive agreement for General Dynamics to acquire AxleTech International, a global manufacturer and supplier of axles, axle components, planetary axles, independent suspensions, brakes and aftermarket parts for military vehicles, commercial specialty trucks, and off-highway machines used in the construction, material handling, forestry, mining and agricultural markets. Read More |
| The U.S. Navy has awarded General Dynamics Electric Boat a $286 million contract for planning yard work, engineering and technical support for nuclear submarines. Electric Boat is a wholly owned subsidiary of General Dynamics. The contract has a total potential value of $1.8 billion over five years if all options are exercised and funded. Read More |
| Lockheed Martin has received a $156 million contract to provide the P-3 Aircraft Service Life Extension Program (ASLEP) for the Canadian Forces’ CP-140 aircraft fleet. Read More |
| 3M and Beiersdorf announced that 3M will acquire the Futuro health supports and compression hosiery product line from Beiersdorf. Terms of the transaction were not disclosed. Read More |
Now Available On Demand 5 Key Strategies For Reduced Cost and Increased Profitability
Striving to reduce costs and increase profitability while remaining competitive is no easy task.
Epicor Manufacturing talks about ways to plan, schedule, execute and monitor your manufacturing operations – from raw materials to final product – to develop your highest level of flexibility and agility, and to make your operations more competitive.
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Benchmarking at IMTS
American Machinist conducted its third annual Benchmark Survey of American Machine Shops between February and April of this year.
American Machinist, reviews the results of this third annual survey, and talks about what the data means and how shops can use the data to make plans for this year's IMTS.
Tool Shop Optimization: Concurrent Engineering for Today's Machine Shop
Applying concurrent engineering processes to design and manufacturing can help toolmakers increase productivity and shorten product delivery times—improving responsiveness to customers and your company's bottom-line results.
Sponsored by: Cimatron Group
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| American Machinist Forums |
The American Machinist Forum is a place to share thoughts, ideas and best practices for machine shops.
The focus is on making machine shops competitive, efficient and flexible enough to compete in a global environment. You'll find discussion about manpower, use of automation and technology, creative uses of machine tools and a whole lot more.
New Machine Tool Theater
American Machinist's Machine Tool Theater. Watch videos about machining and machining equipment. You'll see faster, more precise machines; cutting tools to process virtually any material; finishing technologies; automation systems; quality instruments and manufacturing software. You'll see how to reduce cycle times and increase productivity. Watch Videos Now