Lockheed Martin Reaches Strategic Supply Chain Agreement

BETHESDA, Md. — Lockheed Martin (NYSE: LMT) signed a new strategic enterprise agreement with Arrow Electronics covering procurement of more than 22,000 electronic components used in advanced technology systems such as missiles, satellites, radar systems, tactical fighter aircraft and unmanned surveillance systems. It represents Lockheed Martin's largest agreement with any single supplier for these commodities,…

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Defense Cuts Looming – Again

Defense cuts are looming once again as the US government seeks to balance its budget. The fairly predictable reaction from politicians is to protest the cuts, which will hurt individual states during an election year. What the general public might not know — but the supply chain does — is that cuts will harm a…

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Europe at a ‘Crossroads’ in Chip Production

The European semiconductor market is going through a major transition that could result in a drastically reduced role for the continent's leading manufacturers. This would negatively affect the region's economy growth unless steps are taken to enhance productivity and increase investments in next-generation technologies. A 14-month research study conducted jointly by French economic and market…

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Analog Devices Appoints Managing Director of Operations for India

BANGALORE, India — Analog Devices, Inc. (NASDAQ: ADI), the world leader in data conversion and signal conditioning technology, has appointed Somshubhro (Som) Pal Choudhury as Managing Director for Operations in India. Pal Choudhury will manage Analog Devices’ presence in the country specifically defining and executing strategies to expand business by further developing and strengthening ADI’s…

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Cree Announces New Technology Centers in China

GUANGZHOU, China — Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, announces new technology centers in China, further expanding Cree TEMPO (Thermal, Electrical, Mechanical, Photometric, Optical) Services in these key markets. The groundbreaking technology centers support demand for Cree products and services throughout China and demonstrate Cree’s commitment to accelerate broader market adoption…

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Premier Farnell Extends Its ARM Relationship

LONDON — Premier Farnell [LON:PFL], a leader in global electronics distribution and design solutions, has today announced it is to extend its relationship with ARM through the launch of the latest series of ARM Cortex™-M3 and Cortex–M4 processor-based STM32F2xx and STM32F4xx Development Kits across its distribution footprint in EMEA, China, and the Americas. The deal…

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Vishay Intertechnology Receives 2 ‘Perfect Order’ Awards

MALVERN, Pa. — Vishay Intertechnology, Inc. (NYSE:VSH) today announced that it received two 2011 Silver-level “Perfect Order” awards from Arrow Electronics, Inc. One Silver-level award is in the passive electromechanical component category and one is in the semiconductor category. The awards are based on Vishay's performance in consistently delivering “perfect” orders to customers, including delivering…

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Avnet’s Brad Kenney Recognized With a CIO Award

PHOENIX — Global technology distributor Avnet, Inc. (NYSE: AVT) today announced that Brad Kenney, vice president of enterprise infrastructure for Avnet, Inc., was selected as an honoree for The Phoenix Business Journal’s first annual CIO Awards. These awards honor the best and brightest in Phoenix’s technology sector. The Phoenix Business Journal recognized Kenney in the…

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