ENDICOTT, NY -- Endicott Interconnect Technologies, a supplier of electronic interconnect solutions and
turnkey manufacturing services, announced a contract to supply several major components in support of the E-2D
Advanced Hawkeye Program for Raytheon-Network Centric Systems.
Endicott Interconnect will be responsible for PWB design,
fabrication and circuit card assembly production of multiple
components in support of this program.
The E-2D Hawkeye aircraft is used by the U.S. Navy primarily
as an all-weather, airborne battle management and command and control
center. It has been in active service with the U.S. Navy since 1973.
The major components of the Advanced Hawkeye are among the latest in a
continual series of modifications and upgrades to enhance the
aircraft's capabilities.
"With Endicott Interconnects new win with Raytheon, we further
enhance the company's position as the 'Supplier of the Future' to
Raytheon," said Jay McNamara, chief executive. "From our
initial engagements through today, we've made the commitment to deliver
unparalleled customer service, technical support, improved quality and
manufacturability in the products we build for Raytheon. Our staff of
experienced professionals will continue to support the Raytheon team
with development efforts on the Advanced Hawkeye, as well as other
programs," he said.
SAN JOSE – Worldwide sales of semiconductors
rose 5.2% sequentially to $19.6 billion in September, the SIA reported today. Global chip sales increased 5.6%
over September 2004.
GRAZ, AUSTRIA -- The global semiconductor market is expected to grow 6.6% on an
annualized basis to $227 billion in 2005, according to fall forecast of
the World Semiconductor Trade Statistics. Worldwide growth will accelerate to 8% in
2006 and 10.6% in 2007, with Asia-Pacific being the largest and
fastest growing regional market, the trade group said.
VANCOUVER -- Nam Tai
Electronics on Monday reported
third-quarter flat net income of $18.8 million on sales of $207
million, up 50.6% year-over-year. The EMS company's sales are up 44.3%
year-to-date, although net income has dropped 65% to $38.6 million.
REDMOND, WA -- Data I/O Corp., a maker of manual and automated
device
programming systems, today announced third-quarter
net income of $127,000 on revenues of $6.6 million. For the quarter
ended Sept. 30, revenues were flat sequentially and incomes was up
140%.
Fourth quarter revenues are expected to increase significantly, the firm said.