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Executive Watch 2008 P1
External power supply market to climb to $10 billion in next five years
CORONA, Calif., 15 May 2008. The worldwide external power supply (EPS) market will grow from $6.7 billion in 2008 to almost $10 billion in 2013 -- a compounded annual growth rate (CAGR) of 8.2 percent -- predict analysts at the Darnell Group in Corona, Calif.
High-speed USB interconnect set to take center stage
SCOTTSDALE, Ariz., 14 May 2008. The year 2008 will mark the first year in which shipments of high-speed USB devices will surpass shipments of low- and full-speed USB-enabled devices, reports market researcher In-Stat in Scottsdale, Ariz.
API Nanotronics names Stephen B. Pudles chief executive officer
HAUPPAUGE, N.Y., 14 May 2008. API Nanotronics Corp. in Hauppauge, N.Y., a supplier of defense and communications electronic components and nanotechnology research is appointing Stephen B. Pudles as chief executive officer. Pudles succeeds Phillip DeZwirek who will continue to serve as chairman of the board and chairman of the executive committee.
Curtiss-Wright to supply embedded computers for Army Future Combat Systems
ROSELAND, N.J., 14 May 2008. Curtiss-Wright Corp. won an $8 million contract from General Dynamics C4 Systems in Phoenix and Rockwell Collins Inc. in Cedar Rapids, Iowa, to provide the company's General Processor Modules (GPM) for the Integrated Computer System (ICS) portion of the U.S. Army's Future Combat Systems (FCS) program.
Navy seeks electromagnetic launcher for missiles and other projectiles
DAHLGREN, Va., 8 May 2008. U.S. Navy officials are approaching industry for ideas on how to design an electromagnetic launcher able to propel a ship-based missile towards its target before the missile's engine ignites -- a process called 'cold missile launch.'
Nano-enabled chem/bio/nuclear radiation-blocking fabric wins patent
CORAL GABLES, Fla., 7 May 2008. Radiation Shield Technologies (RST) in Coral Gables, Fla., received an Australian patent for its nanotechnology-enabled Demron fabric that blocks nuclear radiation, chemicals, and biological agents -- also known as NBC.
Northrop Grumman to develop 360-degree warning system to detect ground-based threats
LINTHICUM, Md., 6 May 2008. U.S. Army leaders are asking Northrop Grumman Corp. in Linthicum, Md., to continue developing the Passive Infrared Cueing System (PICS), a ground threat warning system that can locate, cue, and classify potential threats from tank fire, rocket-propelled grenades, and anti-tank guided missiles.
Sabtech provides NTDS networking equipment for German navy
YORBA LINDA, Calif., 2 May 2008. Sabtech Industries in Yorba Linda, Calif., is providing its PowerNet NTDS Gateway to the German navy, which enabled German naval leaders to deploy as the maritime component of the United Nations Interim Force In Lebanon (UNIFIL) international peacekeeping force off the coast of Lebanon in January 2007, company officials say.
Next president will not cut defense spending, says Lockheed Martin CEO
FORT WORTH, Texas, 29 April 2008. The top executive of Lockheed Martin Corp., the Bethesda, Md.-based defense contracting behemoth, says he does not believe the next U.S. president will cut military spending "in any wholesale fashion."
L-3 completes acquisition of electro-optical systems business
NEW YORK, 28 April 2008. L-3 Communications has finalized the acquisition of Northrop Grumman's Electro-Optical Systems (EOS) business for $175 million in cash. The acquired business, renamed L-3 EOS, is a provider of night-vision technology and electro-optical products for military, commercial, and public safety customers, and is expected to be accretive to L-3's earnings in 2008. The transaction closed on April 21, 2008.
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