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Northrop Grumman Lands $9.6-M Navy Torpedo Contract

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.

US Cutting Tool 2017 YTD Consumption up 7.1% in July

July US cutting tool consumption totaled $170.95 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was down 8.4 percent from June’s $186.57 million but up 16.0 percent when compared with the total of $147.43 million reported for July 2016.

Gummy, Stringy Material Meets its Match with Cut Taps, Thread Mills

Selecting the right tool for threading aluminum begins with considering the key properties of aluminum; the pros and cons associated with the main choices of tools, cut taps or thread mills; and advances in tooling technology including coatings and coolant-through capability.

Optimizing Machining and Production Performance

Nikel Precision Group also implemented solutions that optimize tool performance to improve quality, as well as production intelligence that provides real-time insights into factory performance.