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MANAGEMENT ON THE MOVE

June 24, 2005 by

07 Jun 05. Radstone Embedded Computing announced a planned expansion of its Billerica, MA office. The company’s US headquarters, and the majority of the US headquarters’ functions, will transfer from Woodcliff Lake, NJ to the newly expanded Billerica office: the Woodcliff Lake office will remain as Radstone’s North Eastern sales and customer support office. The Radstone Billerica office was opened in November 2004 and is home to Radstone’s Advanced Engineering Design Center. The first product to be developed by Radstone in North America – the AXIS Advanced Multi-Processing Integrated Software capability – was announced earlier this month at the Military Embedded Electronics and Computing Conference (MEECC) to a very positive reception. AXIS is designed to allow Radstone customers to develop sophisticated multiprocessing solutions using Radstone hardware more quickly and easily than is typically possible for competitive offerings. Transfer of the headquarters functions from Woodcliff Lake is expected to be complete by September 2005. As part of the relocation of its North American HQ to Billerica, Radstone will be recruiting administration personnel in the area to replace employees who will not be making the move.

03 Jun 05. Northrop Grumman Corporation expanded its Aurora operation
presence with the ribbon cutting on an 80,000-sq.-foot addition to its office park on East Exposition Drive. The three-story facility will not only accommodate the 30 percent increase in employment with Northrop Grumman (over the past two years), but will position the company for strong future growth.

09 Jun 05. SMART Technologies Inc. announces its new Custom Solutions group, a business unit that will use SMART’s research and development expertise to produce customized products to suit specific customer needs. A dedicated team of SMART engineers, designers and software developers will create nonstandard sizes of existing products as well as specialized surfaces and modified installation hardware upon customer request. They will also work with customers worldwide to develop new applications of SMART’s DViT(TM) (digital vision touch) technology.

03 Jun 05. Parents have become hard-core opponents of military recruiting efforts. Mothers and fathers around the country say they are terrified that their children would have to kill—or be killed— in a war that many see as unnecessary and without end. (Source: New York Times)

08 Jun 05. Saab gives notice to 350 people. Saab has today given notice to the County Employment Board in Östergötland regarding 350 blue-collar employees at the Saab Aerostructures, Saab Aerosystems, Saab Aircraft and Saab Support business units in Linköping. Today’s notice encompasses four business units, but to varying extents. Overcapacity is clearly highest within Saab Aerostructures, although other units may also be affected. The move relates to 2005 and 2006. Saab has taken various measures to minimize the notices as far as possible, including a number of individual agreements to leave the company voluntarily. The reason for the action is a decrease in work. Development and production of the JAS 39 Gripen, one of Sweden’s largest industry projects of all time, has entered a new phase. Production for export continues but still below today’s capacity.

06 Jun 05. The Department of Defense announced Ken Krieg has taken over the
duties as the under secretary of defense for acquisition, technology and logistics. Krieg, who served as special assistant to the secretary and director
of the office of Program Analysis & Evaluation, was nominated to be the Pentagon’s acquisition chief by President Bush on April 4, 2005 and confirmed by the Senate on May 26, 2005. He joined the Department of Defense in July 2001 to serve as the executive secretary of the Senior Executive Council (SEC). The SEC, comprised of the secretary, deputy secretary, service secretaries and under secretary of defense for acquisition, technolo

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