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Aerospace-Defense News

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Carrier factory where Trump touted saved jobs is laying off hundreds

Thu, 25 May 2017 16:52:43 GMT

In this Dec. 1, 2016, file photo, President-elect Donald Trump greets workers during a visit to the Carrier Corp. factory in Indianapolis. In this Dec. 1, 2016, file photo, President-elect Donald Trump greets workers during a visit to the Carrier Corp. factory in Indianapolis.

The highest-paid CEOs by state

Thu, 25 May 2017 12:06:42 GMT

This photo combination shows some of the top-paid CEOs by state for 2016, as calculated by The Associated Press and Equilar, an executive data firm. On top row, from left: General Electric CEO Jeffrey Immelt; Wynn Resorts CEO Stephen Wynn; Johnson & Johnson CEO Alex Gorsky, and Bank of America CEO Brian Moynihan.

Western NY-based Moog Inc. to expand locally, add 200 jobs

Thu, 25 May 2017 12:06:41 GMT

A western New York-based defense and aerospace contractor plans to expand its two Buffalo-area facilities and add 200 jobs. State economic development officials announced Moog Inc.'s $53 million expansion project during Democratic Gov. Andrew Cuomo's visit to Buffalo on Wednesday.

GaN-based AESA radar delivers high reliabilty, 360-degree capability

Thu, 25 May 2017 09:54:51 GMT

The latest integrated air and missile defense radar from Raytheon Company based on GaN technology - an Active Electronically Scanned Array proposed upgrade to the Patriota Air and Missile Defense, has surpassed more than 1,000 hours of operation in just over a year, which is half the time of a typical testing program. During the course of the 1,000 hours, Raytheon's GaN-based AESA prototype radar routinely demonstrated 360-degree capability by working together with a second GaN-based AESA antenna that was pointed in a different direction.

Northrop Grumman demonstrates HAMMR multi-mission radar capability

Thu, 25 May 2017 05:29:58 GMT

The U.S. Army selected Northrop Grumman Corporation's Highly Adaptable Multi-Mission Radar to demonstrate its multi-mission capability at the 2017 counter-rocket, artillery and mortar test at Yuma Proving Ground, Ariz., earlier this year. HAMMR is a multi-mission sensor that provides the war fighter with situational awareness, counter-fire operations, air defense, early warning and airspace management capabilities.

Andrew Coyne: - Urgent' Super Hornets just another pawn in Trudeau's desire to prop up Bombardier

Thu, 25 May 2017 01:04:52 GMT

Back in November, when the Liberal government announced it would be making an "interim" purchase of 18 Super Hornet fighter jets from Boeing, it was all about the need for speed. There wasn't time to hold an "open competition" to select a permanent replacement for the air force's aging fleet of CF-18s, as the Liberals had promised during the election.

Hungry for innovation? Launch your own incubator

Wed, 24 May 2017 22:43:18 GMT

The digital imperative is driving companies to seek new sources of value for their customers, but this mission is difficult within the often cloistered confines and bureaucracy of their headquarters. Seeking to foster a culture that is more akin to startups than the corporate motherships, many large enterprises are cultivating innovation in digital labs and incubators.

B/E Aerospace Inc (BEAV) Shares Sold by ProShare Advisors LLC

Wed, 24 May 2017 20:21:35 GMT

ProShare Advisors LLC cut its position in B/E Aerospace Inc by 12.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,985 shares of the aerospace company's stock after selling 1,297 shares during the period.

Climate Change Research, Flood Mapping Funds Take Hit in Proposed Trump Budget

Wed, 24 May 2017 15:36:55 GMT

President Donald Trump's first budget request to Congress would cut or eliminate a range of programs designed to reduce greenhouse gas emissions, as well those helping communities prepare for more intense flooding or hurricanes expected to result from climate change. The scope of climate funding established under President Barack Obama is broad, and Trump's budget took aim at much of it: It terminates a National Aeronautics and Space Administration program to launch satellites to measure carbon dioxide in the atmosphere and slashes grants to help local communities cope with the increasing risks of a natural disaster.

General Electric signs 1 bln riyal deal to build gas turbines in Saudi Arabia

Wed, 24 May 2017 11:02:27 GMT

The logo of General Electric Co. is pictured at the Global Operations Center in San Pedro Garza Garcia, neighbouring Monterrey, Mexico, May 12, 2017.

United Technologies Co. (UTX) Position Held by Hall Laurie J Trustee

Wed, 24 May 2017 08:57:45 GMT

Hall Laurie J Trustee continued to hold its stake in shares of United Technologies Co. during the first quarter, according to its most recent Form 13F filing with the SEC.

Ball Co. (BLL) Director R David Hoover Sells 8,000 Shares

Wed, 24 May 2017 04:25:11 GMT

Ball Co. Director R David Hoover sold 8,000 shares of Ball stock in a transaction dated Tuesday, May 23rd.

Most actively traded companies on the TSX

Tue, 23 May 2017 23:32:47 GMT

Element Fleet Management Corp. . Financial Services. Down 28 cents, or 2.52 per cent, to $10.82 on 15.6 million shares.

Honeywell International Inc. (HON) Updates FY17 Earnings Guidance

Tue, 23 May 2017 23:32:46 GMT

Honeywell International Inc. issued an update on its FY17 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $6.90-7.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.05.

GE's clean-power deals top $15 billion

Tue, 23 May 2017 23:32:45 GMT

Wind, solar, and other renewable-energy projects at General Electric Co.' s energy financing unit have topped $15 billion worldwide, the company said Tuesday.

Honeywell to Dan Loeb: What's the Rush?

Tue, 23 May 2017 21:01:00 GMT

Honeywell International Inc. won't decide on Dan Loeb's proposed aerospace spinoff until the fall , but it's not talking like a company that wants to part with the business. The activist investor's presence has made every presentation by the $101 billion maker of in-flight WiFi technology and airplane brakes a closely watched event.

The 6 top machine learning trends

Tue, 23 May 2017 16:18:35 GMT

IT Ops are now entering the third generation backed by cloud computing and automation, where setting up a new environment is a matter of a few clicks compared to installing a bare metal server in the second generation. Instances could be summed up by developers on a per-application basis or launched automatically due to increased user load.