OEM News 06/26/2008

June 26, 2008 NEWSLETTER SPONSOR

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Articles

Lockheed Martin Gets $107 Million Contract For Air-To-Surface Missiles

Lockheed Martin received a U.S. Air Force contract valued at $107 million for a seventh production lot of the JASSM(TM) cruise missile. The contract award will bring total contracted quantities of the cruise missile to 1,053. Read More

General Dynamics Gets $23 Million Contract For Ammunition

The U.S. Army Joint Munitions and Lethality Life Cycle Management Command at Picatinny Arsenal, N.J., has awarded General Dynamics Ordnance and Tactical Systems a $23.8 million contract for the first year of a multiple year contract with a total potential value of $151.8 million for the production of M795 projectile metal parts. Work on this contract will be performed at the company's Scranton Operations in Pennsylvania. Read More

SPX Gets Contracts For More Than $500 Million for Energy Components

SPX Corporation said that its thermal equipment and services subsidiary has been awarded contracts totaling more than $500 million by Alstom, a world leader in energy infrastructure, to provide equipment for planned power stations in South Africa. Read More

Goodyear To Close Australian Tire Plant

The Goodyear Tire and Rubber Company said it plans to close its Australian manufacturing facility as part of its strategy to reduce high-cost manufacturing capacity globally and provide cost effective high-value-added products that the market is demanding. Read More

CAT Acquires Locomotive Component And Transit Car Services Company

Caterpillar Inc. has agreed to acquire the capital stock of MGE Equipamentos and Servicos Ferroviarios Ltda. (MGE). Based in Diadema and Hortolandia -- in Sao Paulo State, Brazil, MGE is a manufacturer and reconditioner of traction motors, main and auxiliary generators, control equipment and auxiliary components for locomotives and transit cars. Read More

Delphi Gets Fuel Injection Equipment Business From JCB

Delphi Corp. said it has been picked to supply its Multec Medium Duty Common Rail (MDCR) for the next generation of Tier 4 diesel engines to JCB Power Systems -- part of J C Bamford Excavators, the world's third largest producer of construction equipment by volume. The seven-year contract commences in 2011. Read More

Boeing, Biman Bangladesh Announce 737-800 Order

Boeing and Biman Bangladesh Airlines announced an order for two Boeing Next-Generation 737-800s, with purchase rights for two additional 737s. Today's signing ceremony, held at the U.S. Department of Commerce, was attended by dignitaries from Bangladesh and the United States and also celebrated Biman's selection of an all-Boeing jet fleet for its future operations. Read More

Events

Join Epicor And AM July 30,2008 at 2:00 pm EST For This Free Webinar

5 Key Strategies For Reduced Costs and 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. Click Here To Register

Workshop

American Machinist Presents: Machine Shop Workshop - November 12-14,2008

American Machinist is pleased to announce the beta launch of Machine Tool Theater at www.machinetooltheater.com. Visit 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.Click Here

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