Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
Dynamic Technology Lab Private Ltd reduced its stake in shares of Heico Corporation by 16.0% during the fourth quarter, Holdings Channel reports. The fund owned 6,172 shares of the company's stock after selling 1,178 shares during the period.
After President Donald Trump got involved in the negotiation with the overpriced U.S. military contract for F-35's, the Pentagon announced Friday that they have reached a deal with Lockheed Martin for the purchase of 90 F-35 jets . The price tag will be the lowest in the program's history.
John Cryan, Chief Executive Officer of Deutsche Bank, speaks during a panel session on the first day of the 47th annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, Tuesday, Jan. 17, 2017. . CEO of The Dow Chemical Company Andrew N. Liveris gestures as he speaks during a panel 'Size matters: The Future of Big Business' at the 'World Economic Forum' in Davos, Switzerland, Tuesday, Jan. 17, 2017.
In this Jan. 13, 2017, photo, President-elect Donald Trump speaks with reporters in the lobby of Trump Tower in New York. Trump's meetings this week with CEOs seeking federal approval for major mergers are raising red flags for ethics lawyers concerned that about the possible erosion of a firewall between the regulators tasked with approving the billion-dollar deals and the White House.
CAE today announced that it has signed two long-term training services contracts with the United States Army and the Royal Canadian Air Force with a combined value of more than C$1 billion, including options. The contract with the U.S. Army is for rotary-wing flight training classroom, simulator, and live flying instructor support services for one year with eight one-year options until 2026.
FILE - In this Thursday, Dec. 15, 2016, file photo, President-elect Donald Trump speaks during a rally at the Giant Center in Hershey, Pa. Trump's closest advisers see Democrats' complaints that Moscow hacked their private ... The CEO of Boeing is meeting with President-elect Donald Trump at Mar-a-Lago just weeks after a public flap over the cost of the Air Force One project.
Many years ago while flying into MFR as a newly minted pilot from a non-controlled airport I was nervous to say the... They've moldered on my office shelf, unused, for more than a decade. Heck with nostalgia, I need the space.
Donald Trump may meet his match when he goes toe-to-toe with another world leader who's showing prowess at strong-arming American companies into helping make his country great again. Lockheed Martin and Boeing are the two major companies involved in discussions to build fighter aircraft production plants in India as part of that country's "Make in India" initiative, which is essentially a mirror-image of President-elect Trump's aggressive desire to keep manufacturing jobs within the United States.
President-elect Donald Trump claimed a big win Wednesday when he announced he had successfully pressured Carrier Corporation not to move some of its production facilities from Indiana to Mexico. While the company will still shift some production south of the border, the change of plans will save about 1,000 jobs in Indiana.
President-elect Donald Trump traveled to Indiana Thursday afternoon to meet with officials at heating and air-conditioning company Carrier to celebrate a deal that will keep hundreds of the company's positions from being relocated to Mexico. Yet some are concerned about what kind of precedent the pact struck by the incoming administration will set for domestic companies going forward.
President-elect Donald Trump is set on Thursday to trumpet a deal with furnace and air conditioner manufacturer Carrier Corp. that would reduce the planned 1,400 job cuts at an Indianapolis factory that became a political cause during the presidential campaign. Feb. 10: Company officials announce plans to shutter the Indianapolis factory, along with a 700-worker factory in the northeastern Indiana city of Huntington that is also owned by Carrier parent company United Technologies Corp. of Hartford, Connecticut.
Indiana's government will subsidize Carrier through a special tax break in exchange for Carrier keeping two thirds of its jobs in Huntington-jobs the company had said it was moving to Mexico. President Election Donald Trump -whose VP-elect happens to be Indiana's governor-has waved this decision by Carrier aloft as a victory for Trump's toughness and dealmaking.
As the race heats up to create the most innovative and unique in-flight connectivity services and products, funding for new technology advancements and acquisitions increases as tech leaders aim to build unique revenue stream as a result of infusing evolving technology into various aviation/drone/aerospace operations. Tech stocks in the markets of note include: Gogo, Inc. , Airborne Wireless Network , Globalstar, Inc. , Rockwell Collins Inc. and Facebook Inc. it submitted its application and related documentation with the Federal Aviation Administration for initial certification.
A deal to buy high-end Rafale planes from France's Dassault was scaled back to just 36 jets last month. India is offering to buy hundreds of fighter planes from foreign manufacturers - as long as the jets are made in India and with a local partner, air force officials say.
Prime Minister Narendra Modi in the market for 200 foreign combat jets, but there's a catch: they have to be made in India Indian Air Force is desperately trying to speed up other acquisitions and arrest a fall in operational strength - now a third less than required to simultaneously fight China and Pakistan India is offering to buy hundreds of fighter planes from foreign manufacturers - as long as the jets are made in India and with a local partner, air force officials say.
NEW DELHI: India is offering to buy hundreds of fighter planes from foreign manufacturers - as long as the jets are made in India and with a local partner, Indian Air Force officials say. A deal for 200 single-engine planes produced in India - which the Air Force says could rise to 300 as it fully phases out ageing Soviet-era aircraft - could be worth anything from $13-$15 billion, experts say, potentially one of the country's biggest military aircraft deals.
Top officials for Monsanto and Bayer defended their proposed $66 billion merger before skeptical senators on Tuesday, insisting that the deal would lead to greater investments in technology that could help American farmers. Monsanto, the American seed and weed-killer, and Bayer, the German medicine and farm-chemical maker, responded to concerns from Iowa Sen. Charles Grassley, the Republican chairman of the Senate Judiciary Committee.
Zero Hedge published some interesting extracts and analysis of some of the coverage of the latest email release from HRC. Not Her Royal Clinton, but rather Hillary Rodham Clinton.
Late last year, the Federal Aviation Administration abandoned its conservative shackles and made this bold prediction: As many as 1 million drones would be bought by consumers during the holiday shopping season. As it turned out, the FAA made a pretty good call: At least 800,000 of the unmanned aerial vehicles were purchased during commercial blitz that precedes Christmas - a fact that has ignited the hobbyist slice of the drone market.