Tag: Aerospace and defense industry
US defense contractor to build 4,000-worker advanced manufacturing facility in Ohio
COLUMBUS, Ohio -- U.S. defense contractor Anduril Industries is preparing to build a massive advanced manufacturing facility in central Ohio, adding a planned...
Tech giants Tencent, CATL and others protest US listings as army-linked companies
HONG KONG -- The U.S. Defense Department has added dozens of Chinese companies, including games and technology company Tencent, artificial intelligence firm SenseTime...
Jet crash disaster in South Korea marks another setback for Boeing
WASHINGTON -- A machinists strike. Another safety problem involving its troubled top-selling airliner. A plunging stock price.2024 was already a dispiriting year for...
Companies from UK, Italy and Japan to form joint venture for new fighter jet
LONDON -- The three companies building a next generation fighter jet for the U.K., Italy and Japan revealed Friday that they are forming...
Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for Labor
WASHINGTON -- WASHINGTON (AP) — President-elect Donald Trump announced Friday that he'll nominate hedge fund manager Scott Bessent, an advocate for deficit reduction,...
Jury orders Bell Helicopter to pay $16 million to former supplier in a trade-secrets case
FORT WORTH, Texas -- A Texas jury ordered Bell Helicopter Textron to pay $16 million to a California company that claims Bell gave...