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Boeing Building 4 Additional 702X Satellites for mPOWER Fleet

WIL BALDWIN August 8, 2020

Expanded SES constellation to deliver enhanced global connectivity services Boeing [NYSE: BA] has received a contract to build four additional 702X satellites from SES as the leading global content connectivity provider increases the number of O3b…

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Swiss Army Chooses Lockheed Martin’s Indago 3 UAS For Tactical Reconnaissance And Surveillance

WIL BALDWIN August 4, 2020

Armasuisse contracted Lockheed Martin (LMT) for a fleet of Indago 3 small unmanned aircraft systems (UAS), with options for spares, training and tech support and additional systems for the Swiss Army. Indago provides aerial reconnaissance in environments…

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Rolls-Royce Strengthens Opportunities with Kinolt Acquisition

WIL BALDWIN July 18, 2020

Strenghtens Rolls-Royce’s market position in safety-critical applications with a leader in dynamic uninterruptible power supplyCompletes Rolls-Royce’s product offering and accelerates the strategy of offering integrated solutionsAcquisition expected to deliver cost and revenue synergies, and help…

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Alstom to Supply Taipei Integrated Metro Line 7 Extension

WIL BALDWIN July 18, 2020

The Alstom-led consortium with Taiwanese engineering and contracting services company CTCI reached contractual close on 23 June 2020 for the Phase Two extension of Taipei Metro Line 7. The contract is valued at close to…

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Panasonic to Resume New York Tesla Production Wednesday

WIL BALDWIN May 20, 2020

Panasonic Corporation (OTC: PCRFY) is looking to restart production at Tesla Inc.'s (NASDAQ: TSLA) New York manufacturing plant on Wednesday, the Verge reported Tuesday. What Happened The Japanese electronics giant will spend the first two days performing equipment checks, and standard manufacturing…

ATR Releases 2019 Results

WIL BALDWIN May 14, 2020May 14, 2020

ATR performed well in 2019. We received 79 orders and delivered 68 aircraft for a book-to-bill of more than one. The turnover for the year was $1.6 billion and was boosted by a strong performance…

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Boeing Awarded $3.1 Billion in U.S. Navy Cruise Missile Contracts

WIL BALDWIN May 14, 2020

The U.S. Navy has awarded Boeing [NYSE: BA] a combined $3.1 billion in contracts for Harpoon and Standoff Land Attack Missile Expanded Response (SLAM ER) weapon systems in support of Foreign Military Sales (FMS). About…

Volvo to Temporarily Close Plants in U.S. and Sweden

WIL BALDWIN March 20, 2020

FRANKFURT (Reuters) - Swedish carmaker Volvo is suspending production at its factories in Sweden, the United States and Belgium, to curb the spread of the coronavirus, it said on Friday, even as it resumes manufacturing…

Nikki Haley Resigns from Boeing Board over Request for Government Financial Assistance

WIL BALDWIN March 20, 2020March 20, 2020

(Reuters) - Former U.N. ambassador Nikki Haley has resigned from Boeing Co's board after opposing its bid for government financial assistance due to the crisis caused by the coronavirus outbreak. "I cannot support a move…

Boeing Reveals its U.S. Army Future Attack Reconnaissance Aircraft Design

WIL BALDWIN March 3, 2020

Agile, purpose-built and designed for the Army’s evolving missions Boeing [NYSE: BA] is offering the U.S. Army an agile, fully integrated, purpose-built system for the Future Attack Reconnaissance Aircraft (FARA) prototype competition. Boeing FARA is…