Defense Speak Interpreted: If CHIPS Cuts Back, What Happens to Electronics Packaging Funds?
American Made Advocacy: Where’s the Budget for a Modern Military Run on Microelectronics?
Beyond the Board: Orbital High Ground—Why Space Superiority Is Slipping Away
Saab Announces Plans for New Munitions Facility in U.S.
April 3, 2024 | SaabEstimated reading time: Less than a minute
Saab announced plans to build a new munitions facility in the U.S., continuing the company’s strong investment and growth domestically. The innovative new site will support the engineering and production of missile weapon systems for the U.S. military, such as components for the Ground-Launched Small Diameter Bomb (GLSDB) system, and close combat weapons. Final site selection and groundbreaking is planned for 2024, with production underway by 2026.
“Saab is growing its business in the United States and delivering on our promise to increase and modernize domestic production of our close combat and missile weapon systems, which will extend our defense capabilities and ensure the safety and security of military personnel around the globe. We are moving quickly to meet the urgent needs of our customers, building on our decades-long relationship with the U.S. armed forces. With capacity for advanced manufacturing and engineering, this new site will be a world-class asset to the American industrial base,” said Erik Smith, President and CEO of Saab in the U.S.
Share on:
Testimonial
"In a year when every marketing dollar mattered, I chose to keep I-Connect007 in our 2025 plan. Their commitment to high-quality, insightful content aligns with Koh Young’s values and helps readers navigate a changing industry. "
Brent Fischthal - Koh YoungSuggested Items
VIDEOTON EAS's Bulgarian Subsidiary Expands Into Automotive Products
09/15/2025 | VideotonVEAS Bulgaria, engaged in electronics manufacturing, has joined the ranks of VIDEOTON companies authorized to produce automotive products.
MacDermid Alpha Electronics Solutions Unveils Unified Global Website to Deepen Customer, Talent, and Stakeholder Engagement
07/31/2025 | MacDermid Alpha Electronics SolutionsMacDermid Alpha Electronics Solutions, the electronics business of Elements Solutions Inc, today launched macdermidalpha.com - a unified global website built to deepen digital engagement. The launch marks a significant milestone in the business’ ongoing commitment to delivering more meaningful, interactive, and impactful experiences for its customers, talent, and stakeholders worldwide.
RTX's Raytheon Awarded $646M Hardware Production and Sustainment Contract for SPY-6 Family of Radars
06/10/2025 | RTXRaytheon, an RTX business, was awarded a $646 million contract to continue producing AN/SPY-6(V) radars for the U.S. Navy. This is the fourth option exercised from the March 2022 hardware, production and sustainment contract that is valued up to $3 billion over five years.
Meyer Burger Shuts Down Solar Module Production, Lays Off 282 Employees in the U.S.
05/30/2025 | Meyer BurgerMeyer Burger Technology AG is forced to stop its solar module production in the U.S., which is still ramping up, due to a lack of funds. On May 29, 2025, all 282 remaining employees at the Goodyear, Arizona, site received their notices of termination. Production with an annual capacity of 1.4 gigawatts was shut down immediately.
Huawei Single SitePower Solution Creates Four Synergies to Accelerate Site Intelligence
05/27/2025 | PRNewswireDuring the 9th Global ICT Energy Efficiency Summit in Dubai, Huawei showcased its next-generation digital and intelligent site power facility solution Single SitePower, which is set to drive the intelligent transformation of ICT energy infrastructure.