OEM News 12/18/2008

December 18, 2008

Articles

Lockheed Martin Gets Contract For Japanese Satellites
Lockheed Martin has been awarded a contract by the Broadcasting Satellite System Corporation (B-SAT) and SKY Perfect JSAT Corporation (SKY Perfect JSAT) of Japan to build their next geostationary broadcasting and telecommunications satellite. Designated BSAT-3c/JCSAT-110R, the satellite will be launched in the second quarter of 2011 aboard an Ariane 5 ECA launch vehicle provided by Arianespace. Read More

General Dynamics NASSCO Gets $940 Million Contract For T-AKE Ship Construction
General Dynamics NASSCO, a wholly-owned subsidiary of General Dynamics, was awarded a $940 million contract from the U.S. Navy for the construction of two T-AKE dry cargo-ammunition ships and to purchase long-lead construction materials for two additional T-AKE ships.
Under the contract, NASSCO receives full funding for the construction of USNS Washington Chambers (T-AKE 11) and USNS William McLean (T-AKE 12). Earlier this year, NASSCO received a total of $200 million to purchase the long lead materials for these ships. Read More

Johnson Controls Withdraws 2009 Financial Guidance
Johnson Controls, Inc., said that
due to the rapid decline in global automotive production and uncertain industry conditions, it
was withdrawing its 2009 financial guidance. Read More

Ford Boosts Share Of European Auto Market
Ford of Europe outperformed the industry in November when its market share across the main Euro 19 markets increased by 0.5 percentage points to 8.8 per cent.
A particular bright spot was the sales performance of the new Fiesta. Since it went on sale two months ago, over 42,200 new Fiestas have already been sold, making it the second most popular model now in the Ford of Europe range. Read More

GS Yuasa And Honda To Manufacture Lithium-ion
GS Yuasa Corporation and Honda Motor Co.,
Ltd. announced that they have reached a basic agreement to establish a joint venture
company which will manufacture, sell and conduct R&D for high-performance lithium-
ion batteries for applications with a central focus on hybrid vehicles. The two companies
will now begin concrete discussions with an aim to establish the new company sometime
around spring 2009. Read More

Goodrich To Supply Fairings For Spanish Submarines
Goodrich Corporation has been selected by
Lockheed Martin Maritime Systems & Sensors (MS2) to produce lightweight, composite structures for the Spanish Navy's new
diesel-electric S-80 submarines. Fabrication and assembly will occur at Goodrich's Engineered Polymer Products facility in
Jacksonville, Fla., with delivery of the first shipset scheduled for the second quarter 2009. Read More

3M Completes Acquisition Of Product Line From Beiersdorf
3M has completed its acquisition of the Futuro health
supports and compression hosiery product line from Beiersdorf. Terms of the transaction were not disclosed.
Health supports are widely used by active consumers, including those who participate in fitness, outdoor and sports activities.
The Futuro product line brings its established, branded consumer platform to 3M’s existing consumer businesses and will
expand the offering in the U.S., Australia, Europe and Asia. Read More


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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.

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Tool Shop Optimization: Concurrent Engineering for Today's Machine Shop
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American Machinist Forums
The American Machinist Forum is a place to share thoughts, ideas and best practices for machine shops.

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AM Machine Tool Theater


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