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Rockwell Automation Inc. and Plex Systems, developer of cloud-native smart manufacturing platforms, have entered into an agreement whereby Rockwell will acquire Plex for $2.22 billion in cash.

CGTech has released the latest version of its VERICUT software, Version 9.2. VERICUT CNC machine simulation, verification, and optimization software simulates CNC machining, additive, and hybrid manufacturing processes.

Designing new aerospace engines is challenging, but Rolls-Royce Germany turned to data analytics and AI to meet these challenges. The results? Reduced costs and shortened lead times.

Connected manufacturing and digitization technologies are spurring many of the major innovations in CNC machine controls that help machine shops cut metal and create parts as quickly and efficiently as possible. In most cases, software leads the way in helping both CNC programmers and operators on the shop floor to easily manufacture parts with the highest possible precision.

The U.S. Navy has awarded Northrop Grumman Corporation (NYSE: NOC) a $9.6 million contract, with options up to $40.5 million, to produce the Transducer Array/Nose Shell Assembly of the MK 48 heavyweight torpedo.

Today at Minds + Machines Europe, GE (NYSE: GE) charted the course for digital industrial growth, unveiling new solutions that are purpose built for industrial assets, environments and operations. The event outlined the path to greater productivity for customers who take advantage of advances in the company’s leading Asset Performance Management (APM) and ServiceMax industrial applications, powered by Predix, GE’s platform for the Industrial Internet.