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U.S. Senator Charles E. Schumer on Thursday announced he is sponsoring legislation that will extend a tax credit to help pay for railway repairs and maintenance to benefit Finger Lakes Railway and the 60 manufacturers the Geneva-based company serves.
Randy Forbes, a key member of the House Armed Services Committee, on Thursday urged Defense Secretary Chuck Hagel to rethink the U.S. Navy's current plan to allow Boeing Co's F/A-18 fighter jet production to close in 2016.
The state Department of Employment Security said local unemployment rates were mixed across Illinois in October.
Maui Acquisition Corp, the parent corporation of The Safariland Group , a leading global provider of a diverse range of safety and survivability products designed for the public safety, military, professional and outdoor markets today announced the appointment of Christopher E. Kubasik to its Board of Directors effective immediately.
Rockwell Automation, Milwaukee, Wis., expanded its Allen Bradley power quality portfolio to now include the i-Sense monitoring solution, i-Grid service and DySC dynamic sag corrector.
A Deutsche Bank AG employee from its Japanese brokerage unit was arrested today on suspicion of bribery, a Tokyo Metropolitan Police Department official said.
Lockheed Martin Corp's F-35 fighter jet is making good progress as it nears initial combat use by the U.S. Marine Corps in July 2015, but the company must still finalize the software needed to deliver weapons and fuse data from its many sensors, the Pentagon's F-35 program chief told Reuters on Wednesday.
A striking new bottle developed by Owens-Illinois Inc. for cachaca spirit maker Yaguara has debuted in Brazil.
Deere & Co , the world's largest farm equipment maker, said it was expanding its share buyback plan by $8 billion.
SPX, which makes food and beverage production equipment, electrical transformers, and cooling towers for power plants, said it expects the sale to close in the first quarter of 2014.
A technology company that raised questions about the Okaloosa County School District's future technology contract is in the process of withdrawing its protest.
A new video is circulating on the Internet that pokes fun at Lockheed Martin Corp 's F-35 fighter jet while lauding the F/A-18 built by rival Boeing Co , the latest salvo in an increasingly pitched battle over Canadian fighter orders.
Shares of Dow Chemical saw unusually large options trading on Monday. Traders purchased 23,485 call options on the stock, American Banking and Market News reports.
"We don't have a lot of standard content on the existing 777, so I think our opportunities to gain share are pretty significant on the 777X," Rockwell Collins Chief Executive Kelly Ortberg told a Credit Suisse conference that was broadcast via Internet.
For more than four decades, BAE Systems has partnered with customers worldwide to develop affordable, practical solutions to protect warfighters in harm's way and bring them home safely.
CAE Inc. says it has booked more than $100 million worth of orders from its defence and security customers.