All Entries in the Category : End Markets

Osram to cut almost 8,000 jobs in switch to LED

BERLIN, July 29 (Reuters) – German lighting maker Osram Licht AG announced late on Tuesday plans for a new savings programme that will include almost 8,000 job cuts, or around 23 percent of its staff, as it seeks to keep up with a shift in technology.

: Industrial |

Cynosure Reports Second-Quarter 2014 Financial Results

WESTFORD, Mass., July 29, 2014 /PRNewswire/ — Cynosure, Inc. (Nasdaq: CYNO), which develops and markets laser- and light-based aesthetic treatment systems for high-volume applications, today reported financial results for the three months ended June 30, 2014.

: Medical

General Dynamics Awarded $25 Million by Lockheed Martin

FAIRFAX, Va., July 29, 2014 /PRNewswire/ – General Dynamics Advanced Information Systems, a business unit of General Dynamics, was awarded a $25.4 million full-production contract from Lockheed Martin to support the U.S. Air Force Global Positioning System (GPS) III Network Communications Element (NCE) for space vehicles seven and eight (SV 07-08).

: Mil/Aero |

Harris Corp. profit jumps nearly 95% in 4Q

Harris Corp. reported net income of $138 million, or $1.28 per diluted share for its fiscal fourth quarter, up 94.4 percent from fourth-quarter 2013’s $71 million, or 65 cents per diluted share.

: Mil/Aero

Skin-Like Stretchable Electronics Start With Molecules

A solar panel that could ball-up to the size of a grapefruit and expand to the size of a room, created from super-compliant fracture-proof electronics — that’s Darren Lipomi’s dream.

: Wearable |

Boeing squeezed by shrinking defense budget

In the last month, two out of three military aircraft deliveries Boeing announced were sent outside of the United States. This reflects Boeing’s greater dependence on military exports as the company tries to keep balance between the commercial and defense sides of the business, as U.S. defense budgets continue to tighten.

: Mil/Aero

Sensata Technologies Announces Q2 2014 Results

ALMELO, the Netherlands, July 29, 2014 /PRNewswire/ – Sensata Technologies Holding N.V. (NYSE: ST) (the “Company”) announces results of its operations for the three and six months ended June 30, 2014.

: Auto/Trans, Industrial |