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Suppliers Aim to Raise Contract Prices, But With Uncertain Demand, 2Q24 DRAM Price Increase Expected to Narrow to 3–8%

03/26/2024 | TrendForce
TrendForce’s latest report reveals that despite DRAM suppliers’ efforts to trim inventories, they have yet to reach healthy ranges. As they continue to improve their lose situations by boosting capacity utilization rates, the overall demand outlook for this year remains tepid.

BAE Systems Awarded U.S. Navy Contract to Continue Supporting Mobile Deployable C5ISR Programs

03/19/2024 | BAE Systems
The U.S. Navy has awarded BAE Systems a contract worth approximately $86 million to continue supporting its Mobile Deployable Command, Control, Communications, Computers, Combat Systems, Intelligence, Surveillance, and Reconnaissance (MDC5ISR) programs.

Recon Technology Secures $3 Million in Contracts with Newly Developed Customer for Electronic Components and Materials

03/11/2024 | PRNewswire
Recon Technology Ltd, a China-based provider of oilfield services and low-carbon energy services, announced two recently awarded bids from a newly developed oilfield-industry customer for the supply of electronic components and materials used in oilfield production.

Lockheed Martin Awarded $219M To Produce Additional PrSM Units For US Army

03/08/2024 | Lockheed Martin
The U.S. Army has awarded Lockheed Martin a $219 million contract to produce more Early Operational Capability (EOC) Precision Strike Missiles (PrSM).

Enterprise SSD Industry Hits $23.1 Billion in Revenue in 4Q23, Growth Trend to Continue into Q1 2024

03/07/2024 | TrendForce
The third quarter of 2023 witnessed suppliers dramatically cutting production, which underpinned enterprise SSD prices. The fourth quarter saw a resurgence in contract prices, driven by robust buying activity and heightened demand from server brands and buoyed by optimistic capital expenditure forecasts for 2024.
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