Business

March 24, 2014

Millennium Space Systems opens new 70,000 square-foot headquarters

Millennium Space Systems executives, employees, business partners, and government officials March 24 celebrated the opening of the company’s “Factory of the New Millennium,” in El Segundo, Calif.

The 70,000 square-foot facility will accommodate all of Millennium’s satellite engineering, manufacturing and mission operations activities in addition to 12,000 square-feet of dedicated SCIF space.

Strategically located adjacent to Los Angeles Air Force Base and the Aerospace Corporation, and less than two miles from LAX, the new factory supports Millennium’s current programs as well as anticipated near-term expansion.

The factory was built to accommodate the design, engineering and production of more than 40 satellites simultaneously, and its layout reduces the risks associated with the manufacturing of space vehicles. Assembly, integration, and test areas are located in the same building, all within eye contact of the engineering research and development area, promoting efficient communications and rapid development cycles.

“Co-location of business functions, engineering and manufacturing results in bottom-line cost and schedule efficiencies that we pass on directly to our customers,” said Vince Deno, Millennium’s president. ”Our new factory allows us to design, manufacture, test and deliver a wide range of satellites, and to bring our proven efficiencies to all levels of space programs.” Millennium Space Systems is currently involved with several government projects, providing solutions for national security and civil space programs.

The company is developing both complete space vehicles and satellite components in its new factory. Vertical integration allows the company to better control costs, schedule and quality, while avoiding the pitfalls of a rapidly dwindling aerospace supply chain. “When we find a supplier or partner that has excellent products at good prices, we will buy. But when we see a gap in the marketplace, we are not afraid to make the necessary investments, and the new factory gives us plenty of space in which to do it,” added Dr. Jeffrey Ward, vice president of Product Development.

Amongst the dignitaries attending Friday’s ribbon cutting ceremony were Congressman Henry A. Waxman and Bill Fisher, Mayor of the City of El Segundo.

The general contractor for the project is Smith & Severson, Inc. and the architect is Withee Malcom Architects.




All of this week's top headlines to your email every Friday.


 
 

 

Headlines October 24, 2014

News: U.S., South Korea delay transfer of wartime control - The U.S. and South Korea have delayed transferring wartime operational control of allied forces by taking on a “conditions-based approach” and scrapping the previously set deadline of 2015.   Business: Exclusive: Lockheed, Pentagon reach $4 billion deal for more F-35 jets - Lockheed Martin and U.S. defense...
 
 

News Briefs October 24, 2014

French moving troops toward Libyan border A top French military official says the country is moving troops toward the Libyan border within weeks and, along with U.S. intelligence, is monitoring al Qaeda arms shipments to Africa’s Sahel region. A French base will go up within weeks in a desert outpost just a hundred kilometers (60...
 
 
Navy photograph

Navy to commission submarine North Dakota

Navy photograph The PCU North Dakota (SSN 784) during bravo sea trials. The crew performed exceptionally well on both alpha and bravo sea trials. The submarine North Dakota is the 11th ship of the Virginia class, the first U.S....
 

 

Boeing announces SF Airlines order for Boeing converted freighters

Boeing announced Oct. 23 that SF Airlines has placed an order for an undisclosed number of 767-300ER passenger-to-freighter conversions (Boeing Converted Freighters). SF Airlines, a subsidiary of Shenzhen, China-based delivery services company SF Express, will accept its first redelivered 767 in the second half of 2015. “SF Express aims to become China’s most respected and...
 
 
LM-C130

Another Super Herc Little Rock Rollin’

  Lockheed Martin delivered another C-130J Super Hercules to the 61st Airlift Squadron at Little Rock Air Force Base, Ark., Oct. 23. Little Rock AFB’s new C-130J was ferried from the Lockheed Martin Aeronautics facility ...
 
 

United Technologies beats third quarter profit expectations

United Technologies Corp. Oct. 23 reported third-quarter profit of $1.85 billion as sales increased across all its businesses and the aerospace giant reported favorable tax settlements. The Hartford, Conn.,-based company said it had profit of $2.04 per share and earnings, adjusted for non-recurring gains, came to $1.82 per share. The results topped Wall Street expectations,...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>