News

Elbit Acquires Sparton, Supplier of Maritime Electronics for Defense Industry

Elbit Systems, the Israel-based defense supplier, has acquired marine electronics company Sparton Corporation for $380 million. The move brings into the Elbit portfolio Sparton’s inertial sensing technology known for its magnetic precision in navigation and positioning applications for military […]

Magnetics/Assemblies

Top-Tier Automotive Suppliers Transform to Become Fully Integrated e-Powertrain Manufacturers

With electrification rocking the automotive industry, magnets and motors are increasingly on the minds of design engineers and supply chain managers at many of the world’s top tier automotive suppliers as they transform to become providers of […]