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Manufacturing & Engineering

SRC to deliver counter-UAS technologies to Qatar in $1B agreement with federal government

CICERO, N.Y. — SRC, Inc. says it will deliver a suite of its advanced counter-unmanned aircraft systems (C-UAS) technologies to international buyers as a part of a $1 billion foreign-military sales agreement between the U.S. government and the country of Qatar. It marks the first international sale of the U.S. Army’s fixed site–low, slow, small, […]

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International Wire Group acquisition

International Wire Group to acquire Pennsylvania copper company

CAMDEN, N.Y. — International Wire Group (IWG), a member of the Olympus Partners and Atlas Holdings portfolio, entered into a purchase agreement to acquire Hussey Copper of Leetsdale, Penn. “This acquisition represents our steadfast commitment to broadening our presence in the electrical infrastructure ecosystem,” IWG CEO Gregory Smith said in a press release announcing the

Micron

Micron, U.S. agree on expanded investments in manufacturing, including Clay campus

Micron Technology, Inc. (NASDAQ: MU) says it expects to begin ground preparation in Clay later this year following completion of state and federal environmental-review processes. The expectation was part of a June 12 announcement with the Trump Administration indicating Micron’s plans to expand its U.S. investments to about $150 billion in domestic memory manufacturing and

SAAB

Saab wins $15M U.S. Navy contract modification for multi-mode radar production

DeWITT, N.Y. — Saab Inc. in DeWitt recently won a $15 million modification to a previously awarded U.S. Navy contract to exercise an option for multi-mode radar production and engineering support. Work on the firm-fixed-price and cost-plus-fixed-fee modification will be performed in DeWitt (49 percent) and Gothenburg, Sweden (51 percent), and is expected to be

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