Make India great again? Fighter jet giants look to move production to India

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.

Conservatives are worried Trump’s Carrier deal could set a bad precedent

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.

The Carrier Deal: Donald Trump to the Rescue or Troubling Precedent?

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.

Carrier has been asking for-and getting-subsidies long before Trump-Pence

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.

Technology Stocks Betting on Next Generation Broadband Wireless…

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.

India prepared to buy 200 foreign combat jets if they’re ‘Made-in-India’

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.

Indian Prime Minister Narendra Modi. Photo: AP

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.

Govt offers to buy 200 foreign fighter jets – if they’re Made-in-India

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.

GE Prepared to Work With Whoever Wins U.S. Presidential Election

General Electric Co., which bought Alstom SA's energy units last year, will be flexible and build a relationship with the next president of the U.S., whether it's Hillary Clinton or Donald Trump, Vice Chairman John Rice said. "We will operate with whoever is the president of the United States in January," though GE doesn't agree with some of the rhetoric out of the election season, Rice said in an interview at the Bloomberg Markets Most Influential Summit in Hong Kong Wednesday.

Certifiable Predator B nears flight test phase

General Atomics Aeronautical Systems is carrying out ground tests of its newly built Certifiable Predator B unmanned air vehicle, ahead of a flight campaign at the US Army's Yuma Proving Ground throughout 2017 and 2018. Aircraft integration finished on 29 August, with the first completed system then moved to the company's Gray Butte flight operations facility in California.

The Best Defense Stocks to Buy Before the Election 2016 Vote

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.

Navy gets $2.7B attack submarine sponsored by Michelle Obama

An attack submarine that is sponsored by first lady Michelle Obama and will be named for her home state has been delivered to the U.S. Navy. Submarine builder General Dynamics Electric Boat, based in Groton, Connecticut, delivered the submarine that will become the USS Illinois to the Navy on Saturday after nearly five and a half years of construction.

Textron Systems eyes commercial growth for its drones

Between Home Depot and Wal-Mart in Cockeysville, in an unassuming collection of industrial buildings off York Road, Textron Systems assembles the Shadow unmanned aerial vehicle. Commonly called a drone, the Shadow recently logged its 1 millionth flight hour, a milestone the company celebrated with a party last month for its employees.

There are 6 zones of the San Gabriel Basin Superfund site, but only this 1 is not being treated

Dan Colby, project resource manager for the San Gabriel Basin Water Quality Authority, says on Wednesday, July 20, 2016 that the VOC treatment at the well site in La Puente, owned by San Gabriel Valley Water Company, will be shut down after a new comprehensive water treatment plant is built by Northrop Grumman on a former redevelopment site in Industry. Northrop Grumman is building a comprehensive water treatment plant at this former redevelopment site in Industry.

Yo-ho-ho and an autonomous boat: Smart watercraft could help the Navy fight pirates

We've all heard a lot about autonomous cars and there's been plenty written about drones taking to the air, but we've not seen so much discussion about boats, or autonomous watercraft. BAE Systems has been working on autonomous naval technologies, in a project that has sprung up surprisingly quickly.

HEICO Corporation: Undervalued No More, But Still Predictable

If you fly, regardless of what you fly, you've probably had indirect contact with the HEICO Corporation , even though you may never have heard the name. It's an aviation and aerospace technology company that makes replacement parts and provides a host of other services and products to flying machines.