TEWKSBURY, MA-Raytheon Co. was awarded a $13.7 million U.S. Navy contract to upgrade the Aegis weapons system for several Arleigh Burke-class destroyers and Ticonderoga-class cruisers. Under the Aegis modernization baseline
ST LOUIS-The Boeing Co. completed its acquisition of Argon ST Inc. Argon ST, based in Fairfax, VA., develops C4ISR (Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance) and combat systems.
TRAVERSE CITY, MI – Ford Motor Co. is on pace to bring in-house approximately 1,975 hourly jobs that would be performed by suppliers inside and outside of the U.S. by
DEARBORN, MI-In today's competitive global marketplace and unpredictable economy, manufacturers must seek ways to survive and thrive. Two keynote presentations at FABTECH 2010 Nov. 2-4 in Atlanta - one on
LUXEMBOURG-Effective September 1, 2010, David Marks will act as chief executive officer of Qioptiq, a global manufacturer of photonic products and solutions. The company’s current CEO, Fredrik Arp, who joined
WARREN, MI-For 30 years, engineers have used the GM Aerodynamics Laboratory to improve fuel economy by helping cars and trucks slip through the air more easily. Put into operation in
SALT LAKE CITY/PRNewswire/ -In tough times, many companies slash staff and turn to outsourcing, yet that strategy may doom their products. And, in good times, as with Toyota, losing control
FORT LAUDERDALE, FL-AutoNation, Inc., America's largest automotive retailer, announced that its retail new vehicle unit sales in July 2010, as reported to the applicable automotive manufacturers, totaled 19,688 an increase
FRANKLIN, TN-Nissan North America Inc. (NNA) reported July sales of 82,337 units versus 71,847 units a year earlier, an increase of 14.6% compared with July 2009. Nissan Division sales rose
NEW YORK─General Motors' venture capital company has made its first investment in a commercial hybrid vehicle maker, the companies said Tuesday. The initial funding amount was not disclosed. Bright Automotive,
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