Manufacturing news continually updated from thousands of sources around the net.
2 hrs ago | Reuters
General Electric Co avoided using a geared design for its new engine for narrowbody jets because of concerns about weight and reliability, said a top GE executive on Monday as it battles with rival Pratt & Whitney for billions of dollars in engine orders. Pratt, part of United Technologies Corp, developed a geared turbofan that relies on a gearbox and lets the front fan operate at a different speed than the rest of the engine, while on GE's traditionally configured engines the fans run at the same speed.
6 hrs ago | West Australian
Lockheed Martin Corp on Monday said it has delivered the next version of the computer-based logistics system used to support the F-35 fighter jet to the U.S. military for flight testing. That paves the way for the system's deployment in the first quarter of 2015 to nine military bases in the United States where F-35 Lightning II training and testing is taking place.
7 hrs ago | GlobeNewswire
Sept. 15, 2014 - The U.S. Air Force has awarded Northrop Grumman Corporation a $354 million primarily firm-fixed-price contract to expand their RQ-4 Global Hawk unmanned aircraft system fleet by three aircraft. Global Hawk operates multiple sensors simultaneously to gather intelligence, surveillance and reconnaissance data.
7 hrs ago | Wall Street Journal
Lockheed Martin Corp., the world's largest defense contractor by sales, has formed a technology-focused Israeli subsidiary as it seeks to win new defense contracts in the country, a company executive said. The Israeli arm of the company, Lockheed Martin Israel Ltd., will focus on cybersecurity, enterprise information technology, data centers, mobile, analytics and cloud, said Haden Land, vice president of research and technology for Lockheed Martin.
11 hrs ago | Business Journal
A culture of inquiry guides operations at Roper Industries Inc. That's according to a report in Investors Business Daily, who talked with Brian Jellison, chairman, president and CEO at Roper, about his leadership style, described as "the Socratic learning model," and used to spark disciplined and rigorous discussions about the business.
12 hrs ago | Sydney Morning Herald
Macquarie is among Australian funds, including superannuation funds, benefiting from heightened tensions around the world over the past year, with almost $1 billion in investments tied to major US defence companies. In the latest flashpoint, Australia is ramping up its involvement in a multinational strike in the Middle East, with the government on Monday agreeing to a US request to provide planes and personnel for a military operation.
16 hrs ago | Seeking Alpha
Since they are about equal in terms of yield, it comes down to ROA; Eastman is cheaper, and hence the better alternative. E.I. Du Pont de Nemours and Company as a company is very boring, even though it has a pretty decent yield.
While they may be opposed to intervention in Iraq and concerned about repeating the errors of the last Iraq War , Australians can at least benefit from the conflict another way: through their investments and superannuation. Several of Australia's biggest financial institutions have substantial investments in the United States war machine and are looking at big rises in the value of their investments since the US began airstrikes against Islamic State in August.
Automotive Manufacturing in Pakistan industry profile provides top-line qualitative and quantitative summary information including: market size . The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
The president of a United Auto Workers local in northwest Indiana says a tentative agreement has been reached to settle a strike at Lear Corp. plant that makes automotive seats. UAW Local President Jaime Luna says details of a tentative agreement reached Sunday would be released after a contract is ratified.
Energy writer Thomas Content keeps you current as you adapt to changes in the world of energy, climate change and efforts to build a greener economy. The nearly vacant rooms and labs in a building on Milwaukee's near north side can become a place of innovation, prototyping, testing and home to start-up businesses.
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That's about 18 times worse than the performance of the average stock on the S&P 500 . But does United Technologies deserve to be scorned by investors? Is business really so bad? And what is management doing to dig its stock out of its slump and to grow the business? To find out, we listened in on United Technologies' recent second-quarter earnings conference call -- and are here to report back to you on its five most important revelations.
The Greater Baton Rouge Industry Alliance Inc. announced the winners of its Seventh Annual Craft Workforce Development Excellence Awards, recognizing contractors who invest in workforce development programs that include recruitment, assessment, training, career path development and retention of employees. The GBRIA Craft Workforce Development Most Valuable Plant award was presented to BASF Corp. and The Dow Chemical Co.-Louisiana.
Sept. 12--FERNDALE -- A fire at Northwest Marine Industries, a sport boat manufacturer, destroyed a large warehouse late Thursday, Sept. 11, and left its owners wondering if they can keep the three-generation family business alive.
Hundreds of workers demanding higher wages walked off the job Saturday at a Lear Corp. plant in northwest Indiana that makes automotive seats, beginning a strike that could affect a major Ford assembly plant in Chicago. The plant, in Hammond, employs 760 workers making seats for the Explorer and Taurus models produced at Ford's Chicago Assembly Plant.
A TOP physicist and TV presenter has said Bracknell is now "on the map" for cutting-edge technology after opening a new innovation centre. Popular science presenter and former member of pop group D:Ream, Professor Brian Cox was guest of honour at the official opening of technology firm 3M's new customer innovation centre at its base in the Western Industrial Area last Thursday.
Updated: Mon Sep 15, 2014 09:04 pm
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