:

Business/Financial

GE To Acquire Two European 3D Manufacturing Companies To Boost Aerospace, Industrial Work

By Cal Biesecker

Tuesday, September 6th, 2016

SHARE:

GE To Acquire Two European 3D Manufacturing Companies To Boost Aerospace, Industrial Work

Low pressure aero engine turbine blade

General Electric [GE] on Tuesday said it plans to acquire two European companies that provide additive manufacturing capabilities for various industries, including aerospace, with the deals worth a combined $1.4 billion.The two companies, Sweden’s Arcam AB and Germany’s SLM Solutions Group, will report to David Joyce, president and CEO of GE Aviation. GE said that Joyce will lead the growth of the two new companies and spearhead the integration effort to drive 3D manufacturing applications across the company.Arcam has customers…

HASC Looks To Restrict USV Deliveries Without Navy CONOPS And Strategy

The House Armed Services Committee’s (HASC) fiscal year 2027 defense policy draft bill aims to restrict the Navy’s use of unmanned surface vessels (USV) until it decides on key factors […]

Congress

Gaps In Army’s Tactical Counter-Drone Capabilities Remain Concern Of HASC

A draft defense policy bill released this week says the Army is fielding counter-drone capabilities for defense of fixed sites and maneuver forces but suggests that troops at the lowest […]

Army

HASC Wants Closer Look At Army’s SBMC Program, Cites Avoiding Past IVAS Missteps

The House Armed Services Committee (HASC) wants a closer look at the Army’s Soldier Borne Mission Command (SBMC) effort, citing support for the development program while expressing caution to avoid […]

HASC Bill Funds Second Destroyer, Adds Several Multi-Ship Procurements, Puts Limits On Battleship

The House Armed Services Committee (HASC) chairman’s mark of the fiscal year 2027 defense authorization act, released May 26, largely approved the Navy’s shipbuilding request, but it added funds to […]