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billion investment from the Department of Commerce through the CHIPS and Science Act to build and expand new manufacturing capabilities to produce more semiconductor chips for automotive, defense, aerospace, artificial intelligence, internet of things and other applications. GlobalFoundries (Nasdaq: GFS) will receive a potential $1.5
HII has completed the acquisition of a South Carolina-based metal fabricator as part of a push to expand its shipbuilding capacity. The company said Monday the acquired facility will support the production of nuclear-powered submarine modules and aircraft carrier structures for U.S. Navy programs.
US Government Passes the CHIPS Act to Increase Semiconductor Manufacturing and Research. The CHIPS Act was created in response to pandemic-induced shortages of semiconductors and other critical manufacturing supplies, causing widespread disruption to supply chains across the country. . Part A: Manufacturing in the U.S.
The shipbuilder said Wednesday that the transaction will increase its capacity to support military customers. HII has announced its intent to acquire the assets and workforce of the South Carolina-based complex metal fabricator W International SC and Vivid Empire SC.
Yes, the non-manufacturing rule permits the small business set asides to provide products. And the exception here under the non-manufacture rule, basically provides for the ability for a company to seek a waiver of the application of that rule to submit products in cases where there aren’t comply products available.
Austal USA has started building a new manufacturing facility for submarine modules in Mobile, Alabama, to increase its capacity to support the U.S. Navy’s submarine industrial base.
John Ofenloch, former operating partner at multi-strategy investment firm Satori Capital, has joined private equity firm AE Industrial Partners as president of the AE Shoals Manufacturing and Technology Center.
million combined to develop domestic capabilities to manufacture critical chemicals. The awards made through the Defense Production Act Investments program are expected to build national capacity for such chemicals by the end of 2027 as part of efforts to reduce foreign dependence and strengthen
For manufacturers, key functions such as sourcing and supplier management have become more challenging as the result of increasing supply chain complexity. One area that manufacturers need to focus on is improving supply chain visibility. Manufacturers need to understand every supplier, processor, trader, smelter, etc.,
Boeing is expanding its factory in Huntsville, Alabama, that manufactures the Patriot Advanced Capability-3 missile seeker. The company announced Monday that it is adding 35,000 square feet of production space to boost the site's capacity by more than 30 percent every year.
It included a specific criterion worth 15% of the marks available for "Manufacturing/assembly bonus in Portugal using sheltered workshops." What matters, of course, is the manufacturing or assemby in Portugal. First, to protect those that could have presented themselves but did not due to the national manufacturing criterion.
Jennifer Gaudioso, director of the Sandia National Laboratory’s Center for Computing Research, emphasized during her testimony the role that DOE’s national labs could have in both accelerating computing capacity and helping support advances in AI technology. We can then do new manufacturing. Maybe 100 days for the next vaccine.”
And it is one of those cases where the proof is on the pudding since none of the three remaining economic operators decided to manufacture abroad despite the existence of capacity to do so. Neither argument is solid though. Turns out that there is indeed an illegal discriminatory effect in the composition of consortia after all!
industrial capacity and describes four main priorities for shoring them up: building more resilient supply chains, increasing the industrial workforce, using more flexible acquisition policies, and economic deterrence. We’ll continue to do so in the next weeks and months as we finalize the implementation plan.”
Ronald Silbermann announced on LinkedIn Friday that he has been appointed vice president of manufacturing and spectrum superiority at CACI International, transitioning from his role as general manager at the Virginia-based professional services and IT company. He joined […]
16, following the deployment of its solar array and antennas and the completion of a readiness test by the space systems business of Maxar Technologies , the spacecraft's manufacturer.
In my last blog post , I talked about how the need for better supplier information was a dominant theme across the automotive industry, as well as for many other discrete manufacturers. Manufacturers must be diligent in terms of monitoring their financial health, business strategy, compliance levels, and performance.
Continuing to manufacture VPMs at our Louisville, Kentucky, facility maintains our strong support to the industrial base, while also ensuring Sailors receive the capability they need to protect our country. With proven manufacturing capability and capacity, BAE Systems is ready to take on more submarine structure work to support the U.S.
In the world of supplier management, the risk register is becoming a prominent and high profile tool for manufacturers. Expanding your supply base in order to increase capacity. The post Every Manufacturer Should Ask… What’s in Our Risk Register? Putting a supplier on corrective action. Focus on it.
However, a key concern is to maximize the utilization of capacity to meet demand while avoiding overprovisioning. Amazon Forecast is a fully managed deep learning service for time-series forecasting which can be used to estimate future capacity needs enabling operators to make planning decisions with more confidence.
For instance, Section 181 of the House NDAA would provide multiyear procurement authority for DoD to acquire domestically produced rare earth elements, including those that are a key component of large-capacity batteries used in electric vehicles.
The Swedish defense and security company said Tuesday it is growing its footprint in America and the new facility could boost munitions production capacity and strengthen its global supply chain. Saab has announced plans to build a new munitions facility in the U.S.
The key to Zara’s ability to establish an agile Supply Chain rests on the following unique approaches: Procurement Methodology: Zara’s Procurement team doesn’t work on the number of finished clothes but on the quantity of raw materials needed to manufacture the clothes. Spare Capacity.
Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing.
Product manufacturers have become increasingly dependent on their strategic suppliers to create a competitive advantage in the market. These collaborative supplier partnerships present manufacturers with a number of opportunities to achieve greater product success.
Manufacturers of platforms and ammunition must deal with a list of regulatory and legal challenges. Interview Transcript: Tom Temin And we think of the defense industrial base has strained in terms of capacity to manufacture what’s needed around the world and, you know, missile systems and ammunition and so forth.
I can just say that we’re quite busy on the FASC and we’re also working to expand our capacity and truly have the resources we need to be able to take on what could become a pretty big workload one day. “I can’t provide a whole lot of comment on that right now,” DeRusha said. “I
In my last blog post , I talked about how the need for better supplier information was a dominant theme across the automotive industry, as well as for many other discrete manufacturers. Manufacturers must be diligent in terms of monitoring their financial health, business strategy, compliance levels, and performance.
.”) Customer experience initiatives often involve people from diverse parts of a manufacturing organization. However, few manufacturers ever sit back and ask, “How can our procurement or strategic sourcing initiatives contribute to the overall customer experience?”
Under technical merits falls aspects like turnover, certifications, manufacturingcapacity, machinery, Quality control system, and many more. Evaluation of tender is divided into two parts first being the technical Evaluation that involves the assessment of the tender bin its technical merit.
This is where we think about, well, what are the things that we need to do in order to enable a true space economy, everything from manufacturing and assembly and space habitats. I think one is around just the manufacturability and standardization of spacecraft and Space assets. And how do we leverage resource utilization?
“As you add tools and technologies to try to solve these challenges, the landscape becomes very complex, creating data silos that limit stakeholders’ access to the data they need to understand supplier capacities and forecast effectively.” Start by Putting the Right Technology in Place. Watch the full webinar on-demand here.
Finally, the DoD highlighted systemic risks that may impact achieving these priorities, including an inadequate workforce and skilled workers in manufacturing and engineering careers, inadequate domestic production of key materials and production capacity, instability of procurement (e.g.,
Dear Federal Partners, Information technology manufacturers and suppliers across the country are struggling with significant supply chain disruptions that are impacting their ability to meet customer and market demands. According to a recent article from Forbes, there is “no end in sight for the COVID-led global supply chain disruption.”
Sectors such as agriculture, manufacturing, and healthcare are particularly ripe for AI-driven transformation, promising significant economic benefits for the region. One of the key hurdles to the optimal use of AI in the public sector is the need for capacity building across government institutions. trillion) by 2030 [2].
Recently I attended a conference for Strategic Sourcing in the medical device manufacturing sector. About 60 Procurement Managers, Directors, and Executives attended from top medical device manufacturing companies. Avoiding change is a common issue across the manufacturing industry in general.
Section 1260H defines a “Chinese military company” as an entity that is: directly or indirectly owned, controlled, or beneficially owned by, or in an official or unofficial capacity acting as an agent of or on behalf of, the People’s Liberation Army or any other organization subordinate to the Central Military Commission of the Chinese Communist (..)
On October 3, 2022, the Department of Energy (DOE) issued a request for information (RFI) from the public seeking input on ways the DOE can leverage its authority under the Defense Production Act (DPA) to stimulate domestic manufacturing of clean energy technologies. clean energy manufacturing base has become more urgent. 4502(a)(6).
The Centre has administered disputes relating to diverse sectors including construction, maritime, oil and gas, manufacturing, technology, and financial services. Beyond its initiatives, LACIAC also endeavours to promote and support events aimed at capacity building for local practitioners.
At DHS he leads several programs including the P25 Compliance Assessment Program which ensures that radios and solutions manufactured for public safety and federal agencies are built to standards and interoperable. He forges and leads intra- and interdepartmental partnerships with other agencies including DoD, DoT, NSF, and DoJ.
In the first twelve months since the passage of the IRA, the capacity of all CCUS facilities under development grew globally to over 420 million tons, an increase of more than 40%. This facility, scheduled to begin operations in 2024, will have sufficient storage capacity to offset the equivalent of 750,000 car emissions per year.
Tom Temin And do they ever get married up, say, with large companies, once they’re through, that could scale production, for example, that the small company may not have the capacity for. Matthew Willis It’s like I fed you these questions. Tom Temin I’ve been following this a long time. Matthew Willis Absolutely.
In a market where production capacity has been saturated by exponential demand, product suppliers now have the upperhand. Learn more about Ivalua’s Manufacturing Source-to-Pay Solution. Let’s address why having the right supplier information and supplier relationships is a must. .
For example, a municipal government in BC partnered with a local manufacturer to collaborate with the design and build of an accessible and cost-effective public bathroom. All parties involved reduced layers of bureaucracy and kept the process lean and innovative.
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