Australia said on Saturday it had signed a A$2.2 billion ($1.4 billion) four-year contract with state-owned submarine builder ASC to upgrade the navy's Collins class submarines.
July 27, 2024
Elevator maker Otis Worldwide lowered its 2024 net sales forecast on Wednesday on softening demand for its new equipment from North America and China.
July 24, 2024
Automakers posted big increases in new vehicle sales during the summer, despite high prices, rising interest rates and even a limited strike against Detroit companies
October 03, 2023
The family name on the signature approving the sale of a complex jet engine part might perhaps have rung alarm bells:
April 26, 2024
Honeywell said on Tuesday it is realigning its business to focus on three broad business trends in its efforts to boost sales growth and reallocate capital, while strong demand may lead to
April 26, 2024
Planemakers are betting on steady demand for business jets as the world's largest corporate aircraft show kicks off on Tuesday, but analysts are turning cautious about the
April 26, 2024
Union workers that went on strike at Mercedes-supplier ZF's plant in Alabama last month demanding higher pay and better healthcare benefits have ended a nearly
April 26, 2024
Louis Dreyfus Company will build a soybean-processing plant in Ohio, the global crop merchant said on Friday, adding to a booming expansion of oilseed crushing in North America
April 26, 2024
U.S. defense contractor General Dynamics reported a jump in third-quarter revenue on Wednesday, as buoyant demand for military equipment boosted sales of its business lines.
April 26, 2024
Boeing on Wednesday cut its 737 delivery forecast for this year due to quality issues at supplier Spirit AeroSystems, a temporary setback to the planemaker that is looking to recover from
April 26, 2024
U.S. defense contractor RTX Corp and Israel's Rafael Advanced Defense Systems will build a missile manufacturing facility in East Camden, Arkansas, the companies said on Thursday.
April 26, 2024
Siemens and Microsoft on Tuesday announced a joint project to use artificial intelligence to increase productivity and human-machine collaboration.
April 26, 2024
Boeing must deliver 70 narrowbody 737s and 14 widebody 787 Dreamliners in November and December to meet its target for 2023, setting the U.S. planemaker up
July 02, 2024
U.S. steelmakers are on course to post higher profits in the first quarter of 2024 as prices spike from a scramble by buyers to restock following a brief
April 26, 2024
Ukraine and the United States will hold a military industry conference in December, Ukrainian President Volodymyr Zelenskiy said on Friday.
April 26, 2024
Activist investor Elliott Investment Management revealed a $1 billion stake in U.S. refiner Phillips 66 on Wednesday, calling for a boardroom overhaul and criticizing management for taking
April 26, 2024
Smithfield Foods said on Tuesday it will end contracts with 26 hog farms in the U.S. state of Utah, in the latest contraction by the world's largest
April 26, 2024
U.S. companies borrowing rate remained flat in November compared to a year ago, industry body Equipment Leasing and Finance Association (ELFA) said on Wednesday.
April 26, 2024
U.S. new-vehicle sales are expected to rise about 13% in December from a year earlier, driven by strong discounts and vehicle availability, industry consultants J.D.
April 26, 2024
Major distillers want American drinkers to sip their Old Fashioneds, Negronis and Espresso Martinis this holiday season.
April 26, 2024
The oil and gas industry went on a $250 billion buying spree in 2023, taking advantage of companies' high stock prices to secure lower-cost reserves and prepare
April 26, 2024
A cabin blowout at 16,000 feet and the grounding of more than 170 Boeing jets have rekindled frustration among airlines over
July 02, 2024
The Pentagon said defense contractors may need tax breaks, fewer regulations and long-term contracts as incentives to boost weapons production to create much
April 26, 2024
United Airlines CEO Scott Kirby said in a CNBC interview on Tuesday the company was going to build a fleet plan that does not include Boeing's 737 MAX 10 jets, citing delivery delays.
January 23, 2024
Boeing's production difficulties will "get resolved", its 737 MAX 10 aircraft will get certified and the impact of U.S. regulators freezing a planned production ramp-up will be
April 26, 2024
PwC making investments for 'high quality' business in China, internal memo says
Another apparent attempt on Trump's life raises questions about how it could have happened again
Man detained in apparent assassination attempt on Trump criticized former president on social media
Typhoon hits Shanghai with 94-mph winds after 400,000 people were evacuated
Taiwan set to hold rates steady on inflation worries: Reuters poll
Column-Irrational exuberance? Funds' yen longs hit 8-year high: McGeever
Argentina's draft 2025 budget foresees 5% GDP growth
'Shogun,' 'Hacks' claim top honors at TV's Emmy awards
Patton Kizzire ends drought with 5-stroke victory in FedEx Cup Fall opener at Silverado
Emmy Moments: Hosts gently mock 'The Bear,' while TV moms, 'Happy Days' and 'West Wing' celebrated