Electronic Systems

BAE Systems names 'Partner 2 Win' Supplier of the Year award winners

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星期五, 五月 31, 2024

BAE Systems honored the top suppliers for its Electronic Systems sector with the seventh annual ‘Partner 2 Win’ Supplier of the Year awards.

Key Points: 
  • BAE Systems honored the top suppliers for its Electronic Systems sector with the seventh annual ‘Partner 2 Win’ Supplier of the Year awards.
  • View the full release here: https://www.businesswire.com/news/home/20240531972333/en/
    BAE Systems honored the top suppliers for its Electronic Systems sector with the seventh annual ‘Partner 2 Win’ Supplier of the Year awards.
  • BAE Systems’ Partner 2 Win program is focused on working collaboratively with suppliers to achieve operational excellence and meet the needs of current and future customers.
  • “In 2023 our company fulfilled its mission to protect those who protect us, thanks in large part to our supply chain partners,” said Terry Crimmins, president of BAE Systems’ Electronic Systems sector.

BAE Systems Honors Humanetics’ HITEC Sensors with a ‘Partner 2 Win’ Supplier of the Year Award

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星期五, 五月 31, 2024

HITEC Sensors today announced it received the BAE Systems ‘Partner 2 Win’ Supplier of the Year award.

Key Points: 
  • HITEC Sensors today announced it received the BAE Systems ‘Partner 2 Win’ Supplier of the Year award.
  • HITEC Sensors was selected from a pool of suppliers that delivered exceptional performance and contributions to supply chain success for BAE Systems’ Electronic Systems sector in 2023.
  • View the full release here: https://www.businesswire.com/news/home/20240531049861/en/
    HITEC Sensors received the BAE Systems ‘Partner 2 Win’ Supplier of the Year award (Photo: Business Wire)
    George Low, Vice President & Managing Director of HITEC Sensors, commented, “We are honored to win the 2023 Supplier of the year award and proud to be a Gold Supplier for BAE Systems.
  • “The development and manufacturing of BAE Systems’ cutting-edge technology is only possible thanks to our best-in-class supply partners,” said Ray Brousseau, Vice President of Operations, Electronic Systems.

Mobix Labs Wins BAE Systems Gold Tier Award for Outstanding Supply Chain Contributions and Performance

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星期三, 五月 29, 2024

Mobix Labs, Inc. (Nasdaq: MOBX) (“Mobix Labs”), a fabless semiconductor company developing next-generation connectivity solutions spanning wired and advanced wireless systems, today announced its electromagnetic filtering products received a BAE Systems ‘Partner 2 Win’ Gold Tier Award.

Key Points: 
  • Mobix Labs, Inc. (Nasdaq: MOBX) (“Mobix Labs”), a fabless semiconductor company developing next-generation connectivity solutions spanning wired and advanced wireless systems, today announced its electromagnetic filtering products received a BAE Systems ‘Partner 2 Win’ Gold Tier Award.
  • Mobix Labs was selected from many suppliers that delivered exceptional performance and contributions to supply chain success for BAE Systems’ Electronic Systems sector in 2023.
  • “We are honored to receive the Gold Tier Supplier Award from our long-time partner BAE Systems,” says Fabian Battaglia, CEO of Mobix Labs.
  • “The development and manufacturing of BAE Systems’ cutting-edge technology is only possible thanks to our best-in-class supply partners,” said Ray Brousseau, Vice President of Operations, Electronic Systems.

Ducommun Incorporated Reports First Quarter 2024 Results

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星期三, 五月 8, 2024

SANTA ANA, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported results for its first quarter ended March 30, 2024.

Key Points: 
  • SANTA ANA, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported results for its first quarter ended March 30, 2024.
  • Interest expense for the first quarter of 2024 was $3.9 million compared to $4.2 million in the comparable period of 2023.
  • Electronic Systems segment net revenue for the quarter ended March 30, 2024 was $107.5 million, compared to $105.6 million for the first quarter of 2023.
  • Structural Systems segment net revenue for the quarter ended March 30, 2024 was $83.3 million, compared to $75.6 million for the first quarter of 2023.

Garmin earns best supplier recognition from Embraer for 9th consecutive year

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星期二, 五月 7, 2024

OLATHE, Kan., May 7, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced it received a Best Supplier award for the ninth consecutive year by Embraer at its annual Suppliers Conference held April 30 in Gavião Peixoto, Brazil. Embraer, a leading aerospace manufacturer, recognized Garmin as the top supplier in the Electrical & Electronic Systems category for its G3000® Prodigy Touch flight deck systems in the Phenom 100EV and Phenom 300E.

Key Points: 
  • OLATHE, Kan., May 7, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced it received a Best Supplier award for the ninth consecutive year by Embraer at its annual Suppliers Conference held April 30 in Gavião Peixoto, Brazil.
  • Embraer, a leading aerospace manufacturer, recognized Garmin as the top supplier in the Electrical & Electronic Systems category for its G3000® Prodigy Touch flight deck systems in the Phenom 100EV and Phenom 300E.
  • "It is an honor to be recognized as the Best Supplier from Embraer.
  • This prestigious award represents the strong collaboration between Embraer and Garmin and is a testament to Garmin's long-term dedication to Embraer and our mutual customers.

Security Industry Association appoints Julaine Simmons to Board of Directors

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星期一, 四月 29, 2024

Dean vice president of Security and Electronic Systems, was recently appointed to the Security Industry Association's (SIA) Board of Directors during 2024 ISC West.

Key Points: 
  • Dean vice president of Security and Electronic Systems, was recently appointed to the Security Industry Association's (SIA) Board of Directors during 2024 ISC West.
  • In this role, Simmons will join SIA's board of industry professionals who represent manufacturers, integrators, and end users.
  • SIA is the leading trade association for global security solution providers, with over 1,300 innovative member companies working to provide education, standards, advocacy, and influential events to connect and shape the future of the security industry.
  • "It is an honor to be appointed to the SIA board of directors and join such a talented group of security industry leaders," said Simmons.

Marelli and Infineon Collaborate to Showcase Marelli's Zone Control Unit at the 2024 Beijing International Automotive Exhibition

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星期四, 四月 18, 2024

DETROIT, April 18, 2024 /PRNewswire/ -- Marelli, a leading mobility technology supplier to the automotive sector, will showcase its latest zone control unit (Zone), built in collaboration with Infineon, at the upcoming Auto China show in Beijing.

Key Points: 
  • DETROIT, April 18, 2024 /PRNewswire/ -- Marelli, a leading mobility technology supplier to the automotive sector, will showcase its latest zone control unit (Zone), built in collaboration with Infineon, at the upcoming Auto China show in Beijing.
  • They form an integral part of the company's scalable hardware solutions, which revolutionize the concept of software-defined vehicles.
  • Visitors to Marelli's booth at Beijing International Automotive Exhibition, located at W1-W01 in the Temporary Hall, can see the company's Zone demo and other innovations that support the transition to software-defined vehicles.
  • With a commitment to innovation and engineering excellence, Marelli continues to push boundaries in the mobility technology sector.

Marelli to Launch ProConnect, its Latest Integrated Cockpit and Telematics Platform, at the 2024 Beijing International Automotive Exhibition

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星期四, 四月 11, 2024

DETROIT, April 11, 2024 /PRNewswire/ -- Marelli, a leading mobility technology supplier to the automotive sector, will introduce ProConnect, a fully integrated cluster with infotainment and 5G telematics, at Auto China in Beijing.

Key Points: 
  • DETROIT, April 11, 2024 /PRNewswire/ -- Marelli, a leading mobility technology supplier to the automotive sector, will introduce ProConnect, a fully integrated cluster with infotainment and 5G telematics, at Auto China in Beijing.
  • ProConnect is targeted for the China market where many OEMs are integrating cockpit and telematics functions for entry and mid segment vehicles to better balance performance and cost.
  • EliteConnect is next on our roadmap which will provide even greater performance but still at a very affordable price."
  • Visitors to Marelli's booth at Beijing International Automotive Exhibition, located at W1-W01 in the Temporary Hall, can see ProConnect and other innovations that drive differentiated vehicle personality and sustainable vehicle performance.

Ducommun Incorporated Reports Fourth Quarter 2023 Results

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星期四, 二月 15, 2024

SANTA ANA, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported results for its fourth quarter and year ended December 31, 2023.

Key Points: 
  • New All Time Highs for Revenue and Adjusted EBITDA in 2023 of $757 Million and $102 Million, Respectively
    SANTA ANA, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported results for its fourth quarter and year ended December 31, 2023.
  • The Company had a record year in 2023 and 2024 is shaping up to be another strong year as Ducommun also celebrates its 175th continuous year in business since being founded in 1849.”
    Net revenue for the fourth quarter of 2023 was $192.2 million, compared to $188.3 million for the fourth quarter of 2022.
  • Net income for the fourth quarter of 2023 was $5.1 million, or $0.34 per diluted share, compared to $8.1 million, or $0.65 per diluted share, for the fourth quarter of 2022.
  • During the fourth quarter of 2023, the net cash provided by operations was $26.5 million compared to $32.1 million during the fourth quarter of 2022.

BAE Systems Secures Regulatory Approvals for Acquisition of Ball Aerospace

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星期三, 二月 14, 2024

Further to the announcement of 17 August 2023, BAE Systems has now received the necessary regulatory approvals and will be executing steps in the coming days to complete the acquisition of Ball Aerospace from Ball Corporation.

Key Points: 
  • Further to the announcement of 17 August 2023, BAE Systems has now received the necessary regulatory approvals and will be executing steps in the coming days to complete the acquisition of Ball Aerospace from Ball Corporation.
  • BAE Systems and Ball Corporation will be executing the plan to complete the acquisition in the coming days.
  • BAE Systems shall provide 2024 Group guidance at our preliminary results on 21 February 2024 incorporating the acquisition.
  • “We look forward to welcoming the employees of Ball Aerospace to BAE Systems, bringing one of industry’s most respected and capable businesses into the Group.