EG&G Timeline
Taliesin_2
know any more please send it to me offlist. Thanks!
----------------------------------------------------------
EG&G
Corporate Headquarters
EG&G, Inc.
45 William Street
Wellesley, Massachusetts 02481, U.S.A.
(781) 237-5100
Annual Sales
1997: $1.5 Billion
Employees
Approximately: 13,000
Incorporated
1947
Stock Exchange
New York Stock Exchange
Ticker Symbol
EGG
Business Description
EG&G is a global technology company that provides complete systems, as
well as products, to the medical, aerospace, semiconductor,
photographic, and other industries. It delivers skilled support
services to government and industrial customers.
Four Business Segments
Intstruments
Engineered Products
Otptoelectronics
Technical Services
Corporate Overview
"The investment profile of EG&G now mirrors the headlines in trade
journals and newspaper editorials: Our technology satisfies current
needs and answers future concerns."
John M. Kucharski, Chariman and Chief Executive Officer
* In medical diagnostics EG&G's AutoDELFIA™ system provides rapid,
accurate diagnosis which leads to better care for patients. For
millions of newborns, that means new protection against the risk of
mental retardation.
* EG&G's amorphous silicon detectors represent the next generation of
imaging technology-allowing immediate results with no film and only a
fraction of the radiation and medical waste that is generated by
today's X-rays.
* By and large, everyone that goes to an airport will have their
luggage
looked at by an EG&G scanning system. With X-ray security systems in
two-thirds of the world's airports, EG&G continues to enhance this
technology for safe travel.
* EG&G PakScan™ represents cutting edge technology for food
inspection. The system detects and diverts suspect items from a
production line.
* EG&G provides a broad range of optoelectronic devices. Our sensing
devices are used in many daily operations-to open and close elevator
doors, to turn on and off street lights, to beacon ships into a
harbor, airlines down a runway, to position paper properly in a
copier, and to read bar codes.
* EG&G's micromachined sensors are used in medical, industrial,
business, and consumer markets in such applications as monitoring
blood pressure, detecting vibrations in heavy machinery, as well as in
accelerometers, which are used to activate automobile airbags.
* EG&G makes some 120 to 180 million flashlamps annually for
single-use and many other types of cameras.
* In many semiconductor fabrication facilities, you will find EG&G
seals. EG&G's seals keep these plants clean and running efficiently as
they protect our environment.
* Whatever airplane you are traveling in, there are likely to be at
least seven EG&G products on that plane.
* EG&G's management services are supplied to government agencies and
industry.
* EG&G manages such operations as the Kennedy Space Center and the
Tooele Army Depot. At the depot, EG&G is helping to destroy chemical
weapons for the U.S. Government.
* EG&G provides testing facilities for automobiles and lubricants,
helping to provide better and safer products for consumers.
* EG&G assists the U.S. Customs Service by auctioning seized property,
which yields value for taxpayers.
* EG&G helps communities convert military bases for peacetime
commercial productivity.
Strategy & Mission Statement
Today, we find ourselves in a world quite different from that which
gave rise to our company. The mantras we once used as competitive
differentiators to gain advantage, such as "quality" and "high
reliability," are now universal necessities to maintain competitive
position. Our competition is global; our company is a citizen of many
nations; our customers, employees and communities are multicultural,
with different expectation levels and differing definitions of
success. Each success brings with it higher levels of expectation and
achievement. Our value system, which has served us well, is
continually tested. Yet our system is grounded: in the realization
that our customers are our reason for being; in the belief that
employees represent our most precious resource; and in the acceptance
that the communities within which we operate are our hosts. These
beliefs are as relevant and valid today as they have been throughout
our history.
Our vision is that we can create value in an environment of
ever-accelerating change. Value creation is our singular aim and
ultimate measure of success. We believe that the increasing drive to
create value represents the surest and most consistent avenue for us
to benefit our customers, employees, stockholders and constituent
communities. Our value creation model focuses on growth primarily
derived from internal development.
Although never explicitly delineated, characteristic of our history
has been our ability to bring relevant technology to bear on
anticipated customer needs and thereby contribute to our customers’
successes and accomplishments.
We have chosen to compete within the four broad operating segments of
Instruments, Mechanical Components, Optoelectronics and Technical
Services. Each segment will concentrate on a set of core competencies
directed at building technology platforms from which to address a
broad spectrum of customer needs.
These technology platforms, over time, will become inter-supportive,
thereby creating for customers substantial value from our ability to
leverage a broad set of technologies to solve their specific problems,
and affording for our employees broader opportunity for
self-advancement.
Going forward, then, EG&G’s mission is:
* To build upon our technology platforms
* To leverage these technology platforms into products or services in
markets that we will maintain leadership, and
* To perform as an exceptional operating company, managing our
businesses with utmost attention to creating value for our customers,
our employees and our stockholders.
John M. Kucharski
Chairman of the Board
EVA Overview
Economic Value Added (EVA®) is the primary measure of EG&G's
performance as a Company. EVA is a simple, but very high-powered
concept that became the basis of EG&G's financial management system on
January 1, 1995. It is determined by subtracting a charge for capital
from after-tax profit. When EVA is positive, EG&G is earning an amount
that's in excess of what investors require. This potentially leads to
higher investor demand. Because EVA measures the real value that is
being created, it is a better performance measure than sales growth,
return on investment, earnings per share or other traditional
yardsticks. Studies show that it is also linked to market value in
that increases in EVA lead to higher stock values. EVA aligns EG&G's
performance measurements and incentive systems with the
creation of value for our shareholders. EVA also provides a framework
for decision-making. It points out the ways to create long-term value
for stockholders by looking at:
* Profitable growth - investing in expansion, new products and
services, and new technologies that will generate returns higher than
the cost of capital;
* Operating efficiencies - improving operating margins, capital
utilization and productivity;
* Asset allocation - investing in assets that help create value and
reducing or eliminating capital in products and operations that have
little prospect for future value creation; and
* Financing - reducing the cost of capital through the prudent
increase in the use of tax-deductible debt. EVA has become a way of
life for EG&G, as we continue to strive to align personal, management
and stockholder goals. EVA® is a registered trademark of Stern Stewart
& Co.
EG & G Timeline
1931
Dr. Harold E. Edgerton, a professor at Massachusetts Institute of
Technology
(MIT), and Kenneth J. Germeshausen, an MIT Research Associate, form a
partnership
1934
Herbert E. Grier, also associated with MIT, joins the partnership. The
three
pool their resources and work together in advanced electronics and
high
speed photography, including applications of stroboscopic flash
1938 First color strobe photograph
1940 First jet aircraft
1941 Pearl Harbor: United States enters World War II
1944
Bernard J. O'Keefe is assigned by the Navy to MIT as part of the World
War
II Manhattan Engineering District of the War Department, the
organization
concerned with the development and production of the atomic bomb
1945
War ends
1947
Formation of Atomic Energy Commission (AEC)
Formation of Edgerton, Germeshausen & Grier, Inc. Harold E. Edgerton,
first
Chairman of the Board; Herbert E. Grier, first EG&G President. Entire
company housed in a converted garage at 160 Brookline Avenue, Boston,
Massachusetts.
Bernard O'Keefe, through his MIT association with Herb Grier,
participates
in the founding of the corporation. Twelve employees to continue in
classified research and development work for the AEC. From 1947 to
1952,
nuclear test support activities are the fledgling company's primary
business.
1948
First Edgerton, Germeshausen & Grier, Inc. weapons test participation.
Operation Sandstone, Eniwetok atoll
1949
North Atlantic Treaty Organization (NATO) formed
First nonstop flight around the world
1950
Nevada Test Site (NTS) established by the AEC
Korean conflict begins
1951
First atomic test series conducted at NTS (Ranger)
Kenneth Germeshausen leads EG&G research and evaluation studies on
hydrogen
thyratrons
1952
First full-scale test of a thermonuclear device conducted in the South
Pacific
EG&G Las Vegas laboratory complex established. Herbert Grier leaves
Boston
to establish and direct all western operations
1953
Korean armistice signed at Panmunjom
1954
Kenneth J. Germeshausen elected EG&G President
Nuclear-powered submarine Nautilus launched
1955
Bernard J. O'Keefe appointed to EG&G Board of Directors
1956
EG&G supports Rover Program at NTS to develop nuclear propulsion
engines for
space vehicles EG&G enters commercial products market: produces
flashtubes,
ceramic hydrogen thyratrons, instruments for high-speed measurement.
Also
develops cameras and light sources for underwater exploration
1957
EG&G President Germeshausen delivers tenth anniversary message to
employees
"Doc" Edgerton takes "milk drop" photograph; now in the collection of
the
Museum of Modern Art
Soviets launch Sputnik spacecraft
1958
EG&G supports AEC's Plowshare Program for the peaceful applications of
nuclear explosives; intended primarily for harbor and canal
excavations and
the recovery of natural gas.
Formation of National Aeronautics and Space Administration (NASA)
Treaty signed to ban all nuclear weapons testing
1959
EG&G opens its Santa Barbara, California, facility
Doc Edgerton and Jacques Cousteau use EG&G underwater camera and light
source in ocean exploration
1960
More than 40 patents on electronic flash assigned to EG&G, Inc. by
Messrs.
Edgerton, Germeshausen and Grier
EG&G offers initial 100,000 shares of common stock to the public
($14.50 per
share) traded over the counter
1961
AEC prepares to resume nuclear weapons testing; EG&G provides
technical and
management support to test activities
EG&G opens Salem, Massachusetts commercial products facility
1962
Atmospheric testing resumes in the Pacific
British conduct underground nuclear test at NTS
First nuclear experiment under the Plowshare Program (Project Gnome)
conducted at Carlsbad, New Mexico - EG&G, Conoco, and Reynolds
Electrical
and Engineering (REECo) in active support
One-hundredth patent issued to EG&G
MIT scientists shine laser light on moon using EG&G xenon flashtubes
Total employments exceeds 2,000 at EG&G's Las Vegas, Boston, Santa
Barbara,
and Salem locations
1963
Limited test ban treaty signed; atmospheric and underwater testing
discontinued; underground testing begins at NTS
Opening of new EG&G Santa Barbara facility
EG&G oceanographic team aids in search for the nuclear submarine
Thresher,
lost in April 1963 - Thresher is located and photographed
1964
EG&G high-performance light beacons launched into space aboard Gemini
spacecraft
Microwave linear accelerator installed at EG&G Santa Barbara for AEC
research programs
EG&G opens new facilities on 52-acre site in Bedford, Massachusetts
EG&G conducts 160 miles of seismic mapping of the English Channel
floor and
sub-bottom strata for an underwater tunnel connecting England and
France -
most ambitious underwater mapping project to date
Official dedication and open house at EG&G's newest facility in Las
Vegas
First Albuquerque facility opens
EG&G established a Washington, D.C. office
Total employment reaches 2,818: Bedford-Boston, 1,384; Las Vegas,
1,066;
Santa Barbara, 176; Salem, 134; Albuquerque, 58
1965
Kenneth J. Germeshausen elected Chairman of the Board
Bernard J. O'Keefe elected President, initiates major company moves
into
commercial and industrial areas through acquisitions and joint
ventures
Board of Directors adopts new EG&G trademark
John M. Kucharski and four partners form Challenger Research, Inc.
EG&G common stock listed on New York Stock Exchange - symbol EGG
Conoco, REECo, and EG&G form CER Geonuclear Corporation to pursue
commercial
applications of nuclear explosives, primarily in natural gas recovery;
effort related to Plowshare program
Sensitive film developed by EG&G under NASA contract to be used by
astronauts for lunar photography
1966
Corporate acquisition program initiated. First new members are
Hydrospace
Research Corporation (first WASC antecedent) and E.H. Plesset, Inc.
EG&G; forms a wholly owned subsidiary, EG&G International, Inc., to
encompass all oceanographic product and services activity
EG&G sales pass the $50 million mark; the corporation has more than
3,300
employees
Stockholders vote to adopt EG&G, Inc. as the official company name
AEC sponsors construction of technical services building at Nevada
Test Site
solely for EG&G's use
1967
Acquisitions: Geophysical Associates International; E. Bollay
Associates;
Howell; Geodyne; Cambridge Systems; Wolf Research & Development;
ORTEC, Inc.
In addition, Reynolds Electrical and Engineering Company (REECo) joins
EG&G
after 17 years of close association at NTS. REECo provides drilling,
mining,
and construction support to NTS operations and brings 5,000 new
members to
EG&G's growing family
President O'Keefe delivers 20th anniversary message to stockholders
1968
Mason Research Institute, Van Noorden, and Climet join the EG&G family
of
businesses
In addition, Sealol, Inc., manufacturer of sealing devices since 1958,
joins
EG&G with approximately 500 employees
At the Nuclear Rocket Development Station in Nevada, operated by EG&G,
Phoebus 2A, the most powerful nuclear reactor yet developed for space
propulsion, is successfully tested
New Albuquerque facility completed and occupied
1969
Rotary Seal company joins EG&G; Sealol, Startronics joins EG&G;
Initial establishment of EG&G's Los Alamos, New Mexico, division
EG&G companies supply numerous electronic and mechanical components to
NASA's Apollo project for historic moon landing in July
First major Plowshare project using nuclear explosives to recover
deeply
buried natural gas
1970
Award presented to EG&G by Associated Industries of Massachusetts for
its
research and product contributions to the Apollo manned space program
Dean W. Freed joins the company as Senior Vice President
Environmental Equipment Division formed from EG&G Cambridge Systems
and EG&G
Geodyne
Introduction of StrobeGuard, a high-intensity hazard-warning beacon
Twenty-fifth anniversary of International Atomic Energy Commission
EG&G REECo moves to new headquarters in Las Vegas
1971
EG&G Special Projects Division spun off from the Las Vegas Area
Operations
Bernard O'Keefe delivers (in Russian) the keynote speech in Moscow at
a
technology conference; EG&G ORTEC's first Russian exhibit of its
instruments
1972
Acquisitions: Millers Falls; Diagnostic Sciences, Inc.; Brookdeal
Electronics, Ltd.
In addition, Challenger Research, Inc., a company co-founded by John
Kucharski, joins EG&G. Challenger Research and Hydrospace merge as
first
step towards the formation of EG&G Washington Analytical Services
Center,
Inc. (WASC)
EG&G Board of Directors elects Bernard J. O'Keefe, President, to the
additional position of Chairman of the Board, replacing Kenneth
Germeshausen, who retires from full-time employment but continues as
consultant
Environmental Equipment Division receives side-scan sonar production
contract from British Navy
EG&G's Bedford Division receives significant contract from UPI for
advanced
graphic facsimile newspaper receiver
1973
Automotive Research Associates, Inc.; Bionomics, Inc.; and Marolda
Clinical
Laboratory, Inc. join EG&G
NASA appoints Herbert Grier to Aerospace Safety Advisory Panel
EG&G supports Antarctic scientific research
EG&G ORTEC detectors a part of the instrument package on Pioneer 10
spaceprobe
1974
Acquisitions: Hansen Clinical Labs; Waxman Medical Laboratory;
Wakefield
Engineering
Ship Monitor located off the North Carolina coast by a team including
Doc
Edgerton and others using EG&G side-scan sonar system
1975
Acquisitions: Canadian Packing; Physicians Medical
Wolf merges with Hydrospace-Challenger to become EG&G Washington
Analytical
Services Center, Inc. (WASC) John Kucharski is WASC's first President;
more
than 400 WASC employees
1976
Rotron, Inc.; Geometrics, Inc.; Kane Medical Laboratory, Inc.; Torque
Systems; and Reticon Corporation join the EG&G family
EG&G in venture with KLA Instruments Corporation, Santa Clara,
California
EG&G awarded contract by Energy Research and Development Agency (ERDA
-
formerly AEC) to operate Idaho National Engineering Laboratory (INEL)
under
long-term prime contract
EG&G to operate new Las Vegas ATLAS complex for ERDA
Corporate offices move from Bedford to Wellesley, Massachusetts
Herbert Grier, Senior Vice President, retires as an employee - he
remains on
the EG&G Board of Directors
1977
Dean W. Freed elected President, he delivers talk in honor of EG&G's
30th
anniversary
Acquisitions: Princeton Applied Research Corporation (PARC); Nimbus;
Quality
Measurement Systems
1978
Sea-Links Systems joins EG&G
EG&G added to Fortune 500
EG&G selected to support Department of Energy at Morgantown, West
Virginia
facility for fossil-fuel and alternative-energy research
Operation Morning Light: By means of aerial radiation sensing, EG&G
teams
locate Russian satellite fragments that fell to earth in Canada's
Northwest
Territories
MIT launches oceanographic Research Vessel Edgerton
EG&G; Corporate Identity Program standardizes use of company's name
and
trademark worldwide
1979
EG&G Hydro, Inc. formed to establish low-head hydroelectric power
sources in
the Northeast. First EG&G hydroelectric project on the Merrimack River
in
Lawrence, Massachusetts
Three Mile Island nuclear radiation monitored by EG&G-equipped
aircraft;
company provides immediate on-site technical and communications
services and
follows up on TMI-related projects for DOE
EG&G WASC President and General Manager John Kucharski elected an EG&G
Vice
President
1980
Almond Instruments joins EG&G
For the government, EG&G REECo sets up cameras near Mount St. Helens.
EG&G
Energy Measurements electronically and photographically monitors the
volcano
Government awards EG&G contract to support EG&G's commercial coal
gasification project at its proposed New England Energy Park in Fall
River,
Massachusetts
EG&G Sealol opens new facility in Cranston, Rhode Island
EG&G Reticon perfecting machine vision systems for industrial robots
1981
Chandler Engineering joins EG&G
EG&G's Salem facility celebrates its 20th anniversary. Headquarters of
the
Electro-Optics and Electronic Components Divisions, the facility
employs
about 600
John Kucharski named Group Vice President
1982
Mount Sopris Instruments Co.; Continental Laboratories; Gamma
Scientific;
and Euroseals GmbH join EG&G
NASA awards EG&G, Inc. prime contract to provide base operations
support at
Kennedy Space Center, Florida. EG&G Florida formed
John Kucharski elected Senior Vice President in charge of government
operations
1983
Acquisitions: Frank Hill Associates; Wright Components; Callisto SA
EG&G Energy Measurements' five-year contract with DOE renewed
Dean W. Freed, EG&G President, appointed Chief Executive Officer
1984
Acquisitions: Vactec, Inc.; Cinox Corporation; Neil Brown Instrument
Systems; The Industrial Products Division of Birtcher Corporation; CEA
Berkleonics
EG&G; Education Center at MIT dedicated
Senior Vice President John M. Kucharski elected Executive Vice
President
EG&G; Mason Research Institute awarded 5-year renewal of its contract
with
the National Cancer Institute; fifth renewal of its contract
1985
Dean W. Freed, President and Chief Executive Officer, elected Chairman
of
the Board
Acquisitions: Cirtech Corp.; Pressure Science, Inc., ESN
EG&G opens office in Beijing, People's Republic of China
EG&G scientist, Lodewijk van den Berg, payload specialist aboard
NASA's
Space Shuttle Mission 51-B/Spacelab 3 for research in crystal growth
Formation of EG&G Venture Partners
Department of Energy renews prime contract with EG&G Idaho - contract
extended through September 1991
NASA extends EG&G Florida's prime contract at Kennedy Space Center
through
1988
1986
Alutech and Structural Kinematics join EG&G
John M. Kucharski, Executive Vice President, elected EG&G President
and
Director
EG&G opens corporate office in Tokyo
Department of Energy renews prime contract with EG&G Energy
Measurements -
contract extended through 1992
1987
KT Aerofab, Judson Infrared, Motion Control Devices and LMB join EG&G
John M. Kucharski, President, appointed Chief Executive Officer
Department of Energy renews prime contract with EG&G REECo - contract
extended through September 1993
Formation of new company, EG&G Biomolecular, to develop biotechnology
instrumentation
1988
EG&G President and Chief Executive Officer John M. Kucharski elected
Chairman of the Board
Astrophysics Research Corporation, Flow Technology, Inc. And Missouri
Metal
Shaping Company join the EG&G family of companies
EG&G achieves record sales and earnings for 1988
President Reagan awards Doc Edgerton National Medal of Technology
EG&G assists Soviets and U.S. officials in Joint Verifications
Experiments
related to monitoring weapons testing
EG&G awarded new 5-year prime contract to operate the Department of
Energy's
Mount facility in Ohio
Launch of space shuttle Discovery marks the U.S. return to space
flight;
EG&G Florida assists NASA in pre- and post-flight operations
New EG&G plant in Tennessee begins operating as U.S. site for
consolidated
instrument manufacture
NASA continues EG&G Florida's role as base operations prime contractor
at
Kennedy Space Center
1989
Dynatrend Incorporated joins EG&G
EG&G awarded new contract to support Department of Energy's
Superconducting
Super Collider project in Texas
EG&G and Cornell University professors form Northeast Semiconductor
Industries, Inc. to develop advanced materials for electro-optical
components
Boston's Museum of Science names Kenneth J. Germeshausen, EG&G
founder, New
England Inventor of the Year
Technical conferences related to EG&G's business with the People's
Republic
of China are held in Beijing and at EG&G U.S. locations
Department of Army awards EG&G prime contract for chemical weapons
disposal
program at Tooele, Utah
EG&G and joint-venture partner win National Science Foundation
contract for
long-term support to the United States Antarctic Program
EG&G agrees to undertake management and operation of the Department of
Energy's Rocky Flats Plant, near Denver, Colorado
NASA's launch of space shuttle Atlantis and Spacecraft Galileo, which
begins
a journey to Jupiter, supported by EG&G Energy Measurements, EG&G
Florida,
EG&G Mound, and EG&G ORTEC. ORTEC detectors also onboard Voyager 2,
which
this year returns spectacular images from Neptune
Renowned West German bioanalytical instrument company, Laboratorium
Prof.
Dr. Berthold, joins EG&G family as largest commercial manufacturing
acquisition in corporate history
EG&G KT Aerofab wins contract extension through 1996 to product
exhaust
assemblies for the Boeing 737 commercial aircraft
1990
Rubidium frequency standards ("atomic clocks") from EG&G Electronic
Components to be key components of next generation of Defense
Department's
Global Positioning Satellites - a navigation system for military and
civilian users worldwide
U.S. Customs Service awards EG&G Dynatrend a multimillion-dollar
contract to
manage and dispose of property seized by Customs officers
EG&G advances to 245 on the Fortune 500 list
EG&G awarded 3-year contract to support U.S. Air Force radar test
facility
(RATSCAT) at White Sands, New Mexico
At Kennedy Space Center, EG&G Florida supports launches of space
shuttles
carrying Hubble Space Telescope and Spacecraft Ulysses, en route to
the Sun.
Also contributing to Ulysses mission are Energy Measurements, Mount
Applied
Technologies, and ORTEC
At Fort McClellan, Alabama EG&G operates unique decontamination
training
facility where U.S. Army trains armed forces personnel to defend
against
chemical weapons. Trainees include international participants in
Operation
Desert Shield
ECIII, joint venture of EG&G and Arizona company, awarded a Department
of
Defense contract for technical support to U.S. Army at Yuma Proving
Ground
Patent issued to researchers at EG&G Rocky Flats for microwave process
to
reduce and solidify certain types of hazardous waste. The innovative
method
could reduce treated waste volume by four-fifths
Memorial services commemorate the lives and contributions of respected
founders Harold E. Edgerton, who died in January, and Kenneth J.
Germeshausen, who died in August.
1991
Iraq attempts to take control of Kuwait - Persian Gulf War begins;
ends in 3
months time
EG&G Salem facility celebrates its 30th anniversary. Headquarters of
the
Electro-Optics and Electronic Components Divisions, the facility
employs
about 500
President Bush and Soviet President Mikhail Gorbachev sign the
Strategic
Arms Reduction Treaty - as a result both countries agree to reduce
their
stockpiles of nuclear weapons
The Soviet Union disintegrates and the Commonwealth of Independent
States is
formed
1992
Heimann Optoelectronics joins EG&G
The long-standing Cold War between the United States and Russia ends
EG&G Astrophysics' X-ray machines and metal detectors screened as many
as
40,000 people per day for weapons and explosives at both the
Democratic and
Republican national conventions
Bill Clinton elected 42nd President of the United States
EG&G Energy Measurements wins U.S. Senate Productivity Award
1993
Wallac Oy joins the EG&G family
The New York World Trade Center building is rocked by a terrorist bomb
EG&G enters into a joint research and development agreement with the
Institute of Microelectronics National University of Singapore to
develop
micromachining technology
Israel and the PLO sign a peace accord at the White House
The North American Free Trade Agreement is passed by Congress
U.S. astronauts aboard the space shuttle Endeavour repair the Hubble
Space
Telescope
EG&G Florida selected to continue as Base Operations Contractor at the
Kennedy Space Center
1994
EG&G reorganizes operating segments with 5 segments remaining:
Department of
Energy Support, Technical Services, Optoelectronics, Mechanical
Components
and Instruments
Los Angeles experiences a devastating earthquake
EG&G Environmental formed to provide environmental services and
systems
management
U.S. Treasury Department honors EG&G Dynatrend with Large Business
Partner
of the Year award
EG&G notified that rebid for Idaho National Engineering Laboratory
contract
was unsuccessful
EG&G chooses not to rebid the Rocky Flats and Nevada Test Site
contracts and
announces decision not to pursue Management and Operations contracts
with
the Department of Energy (DOE). It's former DOE Support segment is now
reported as Discontinued Operations
Israel and Jordan sign a peace accord
IC Sensors joins EG&G and expands EG&G's presence in the micromachined
sensor market
EG&G expands its environmental initiative with purchase of NoVOCs,
Inc. and
its patented technology for cleaning contaminated groundwater
A tunnel through the English Channel is opened, linking Britain to
France
EG&G announces a major restructuring of its business operations and
records
a restructuring charge of $30.4 million and a write-down of goodwill
of
$40.3 million.
1995
New Corporate Identity Program updates standardized use of company's
name
and trademark worldwide
The Department of Energy awards EG&G Technical Services of West
Virginia the
site-support contract for the Morgantown Energy Technology Center
EG&G Astrophysics wins order for several of its new Z-Scan X-ray
explosives-detection systems from the Manchester (UK) Airport
Itzhak Rabin, Prime Minister of Israel, is assassinated
U.S. Customs Service awards EG&G Dynatrend the national asset
management
contract for the Department of Treasury asset forfeiture program -
this is
the second time EG&G Dynatrend competed for and won this contract
There were several significant developments at EG&G Astrophysics. The
U.S.
Marshals Service awarded the division a $6 million contract to supply
state-of-art explosives-detection systems for federal courthouses
nationwhide. Astrophysics entered into a strategic alliance with In
Vision
Technologies to develop and market a new, advanced explosives
detection
capability of the In Vision CTX 5000 with the speed throughput
advantages of
EG&G's Z-Scan.
1996
EG&G purchased a majority interest in Xiang Yong Hua Petrochemical
Machinery, a China based manufacturer of mechanical seals with
petrochemical, aerospace, utility, and general industrial
applications.
The Summer Olympic Games were held in Atlanta, Georgia, USA.
Spectators and athletes at the 1996 Summer Olympic Games passed
through EG&G
Astrophysics'security systems that screen for weapons and explosives.
President Clinton was elected to his second term as President of the
United
States.
EG&G announced that it would head a five-member team, selected by the
Greater Kelly Development Corporation, to assist in the preparation
and
implementation of a redevelopment plan for the privatization and reuse
of
the Kelly Air Force Base in San Antonio, Texas, U.S.A.
EG&G eliminated the Group Executive managerial layer and consolidated
some
divisions around comman technology, manufacturing processes and
markets. The
moves were part of EG&G's ongoing program to place greater focus on
the
end-use customer, to become a larger player in key markets, and to get
more
leverage out of resources that it is committing to those markets.
EG&G enters cyberspace as www.egginc.com.
1997
EG&G Astrophysics was selected by the Chinese government to provide
security
at the ceremonies in Hong Kong marking the changeover from British to
Chinese rule.
The Federal Aviation Administration ordered 10 of the Company's most
advanced explosives detection systems, the Z-Scan™, for screening
checked
baggage at airports. The purchase stemmed from recommendations from
the
White House Commission on Aviation Safety and Security that called for
the
deployment of new technology to improve aviation security.
EG&G Amorphous Silicon announced an agreement with General Electric
Medical
Systems to manufacture a revolutionary filmless X-ray detector that
represents the biggest advance in X-ray technology in 25 years.
EG&G's German subsidiary, EG&G GmbH, announced a joint-venture
agreement to
manage operations of Mercedes-Benz's new, state-of-the-art automotive
test
site, the Papenburg Proving Ground.
Boasting a 300% improvement in productivity over the last five years,
EG&G
Astrophysics was recognized as one of North America's Ten Best Plants
by
IndustryWeek magazine.
EG&G entered into an agreement to sell it's Sealol Industrial Seals
division
to TI Group, plc.,while simultaneously purchasing TI Group's Belfab
division. Belfab produces specialty bellows devices for the
semiconductor,
aerospace, and biomedical industries.
1998
Gregory L. Summe is appointed President and Chief Operating Officer.
Summe
previously worked at AlliedSignal and General Electric where he
achieved a
formidable reputation for streamlining technology businesses.
EG&G Astrophysics received an order of more than $3 million for its
Z-Scan ™
automatic explosives and contraband detection systems to be installed
at San
Francisco International Airport.
EG&G Amorphous Silicon was named winner of EDN magazine's Innovation
of the
Year competition for its amorphous silicon X-ray detector technology.
The U.S. Navy awarded EG&G Services a $113 million contract to provide
technical, engineering and management support services for electronics
projects managed by the Naval Surface Warfare Center, Crane, Indiana.
The
Crane facility supports many critical Navy and Department of Defense
programs.
The EG&G Board of Directors elected Richard F. Walsh a Senior Vice
President. Walsh will be responsible for Human Resources worldwide.
--
"Philosophy is the attempt to catch a black cat in a
dark room, without the cat actually being there at
all." - Pablo Cruz ICQ: 9815080
Operator Taliesin_2 of #SacredNemeton on IRC PaganPaths