Industry News

Nel ASA, announced on Wednesday the award of a contract by SIA Hydrogenis, a hydrogen project developer in Latvia, for the delivery of the new dual capability H2Station, which offers a combined hydrogen fuelling solution for cars and buses in Riga. This H2Station contract has a total value or EUR1.5m and is planned for delivery in middle of 2017.. According to Nel, this is the first customer where it is providing a combined fuelling solution for..."/>
Nel awarded EUR1.5m contract in Latvia for delivery of new dual hydrogen fuelling solution for cars and buses
TransUnion's latest Auto Insurance Shopping Index has observed five consecutive months of increases with 17.3% of the credit population now actively shopping for auto insurance as of Q1 2016. One year earlier in Q1 2015, 16.9% of the population shopped for auto insurance. The increase in shopping has coincided with the rise in auto insurance rates."/>
Auto Insurance Shopping Rising Again as Rates Increase
Acacia Research Corporation announced today that its Nexus Display Technologies LLC subsidiary has entered into a settlement and patent license agreement with ASUSTeK Computer Inc. and its U.S. subsidiary, ASUS Computer International. The agreement resolves litigation that was pending in the United States District Court for the Central District of California, Western Division. Founded in 1993, Acacia Research Corporation is the industry leader..."/>
Acacia Subsidiary Enters into Settlement and Patent License Agreement with ASUSTeK Computer Inc.
Tutor Perini Corporation, a leading civil and building construction company, announced today that it has been awarded a contract by Caruso Affiliated for the construction of a new oceanfront resort, Rosewood Miramar Beach Montecito, in Santa Barbara County, California. The project scope of work includes construction of an ultra-luxury resort comprised of multiple one- and two-story buildings, a main building with an oceanfront restaurant and bar with an outdoor..."/>
Tutor Perini Awarded Caruso Affiliated Contract to Build Rosewood Miramar Beach Montecito
Nobina swings to profit in half year March to August 2016
Harris Corporation announced on Wednesday that along with Boeing Company, it is developing next-generation avionics technology for current and future military aircraft to improve and protect aviators' missions. According to Harris, it is collaborating with Boeing to create advanced core mission processing architectures. The mission processor manages many of an aircraft's critical capabilities, including..."/>
Harris Corporation to partner with Boeing to advance next-generation avionics technology
Nobina swings to profit in half year March to August 2016
Hitachi Power Systems, Ltd. today announced they have signed a basic agreement to jointly develop new business to improve efficiency for domestic and overseas thermal power plants. The business partnership will provide combined package offerings of Operation& Maintenance solutions and thermal equipment service solutions. This alliance between a utility TEPCO FP and a plant manufacturer MHPS marks the pioneer..."/>
TEPCO and MHPS Sign Basic Business Partnership Agreement for Higher Efficiency Thermal Power Plants
Lockheed Martin has manufactured and delivered the first modernized Tactical Missile System missile to the U.S. Army from its Camden, Arkansas, production facility. As part of the U.S."/>
Lockheed Martin Delivers First Modernized TACMS Missile; New TACMS production line in Arkansas marks major milestone
Lockheed Martin $395 million in contract options for the production of the ninth and tenth Global Positioning System III satellite. GPS III satellites will deliver three times better accuracy, provide up to eight times improved anti-jamming capabilities and extend spacecraft life to 15 years, 25 percent longer than any GPS satellites on orbit today. GPS III's new L1C civil signal also will make it the first GPS satellite to be interoperable with other..."/>
U.S. Air Force Awards Lockheed Martin $395 Million Contract for GPS III Satellites 9 and 10
Boeing Co. fighter jets to Kuwait and Qatar, a decision that could preserve thousands of jobs in the St. The deal had been delayed for more than two years, amid concerns by Israel that the planes posed a threat to that nation's security. But members of Missouri's delegation had long touted the sale as a jobs boost for the St."/>
Boeing jet deal means big boost for St. Louis jobs [St. Louis Post-Dispatch]
Caterpillar Inc. Chairman and CEO Doug Oberhelman sat down with Egyptian President Abdel Fattah el-Sisi to discuss the future of Egyptian rail, infrastructure and power generation. "Meeting with President Sisi offered an impressive vision for the future of Egypt," said Oberhelman. "Infrastructure development is one of his top priorities, and we are uniquely positioned to advance these efforts as..."/>
Caterpillar Affirms Commitment to Egypt's Infrastructure Development
Hitachi, Skoda, and Bombardier. The cars to be purchased will have 1,700 passenger seats, and will account for 37% of the 520 railway cars now operated by Israel Railways. The new cars are slated to cost NIS 3 billion."/>
6 bids in Israel Railways electrified cars tender [Globes, Tel Aviv, Israel]
MIA welcomes inaugural Oslo flight [Sun Sentinel]
Mitsubishi Regional Jet airplanes arrived Wednesday afternoon at Moses Lake, where over the next year to 18 months the Japanese company will conduct flight tests ahead of first delivery in mid-2018. The 88- seat MRJ90 jet landed safely at 5:47 p.m. after hopscotching since Sunday from Japan, with stops in Russia and Alaska. The plane's arrival was delayed about a month after two previous ferry flights from Japan in late August were abandoned when a..."/>
Mitsubishi's first MRJ plane reaches Moses Lake testing site [The Seattle Times]
Norfolk Southern official crushed the hopes of rail fans by flatly saying no to any chance that Amtrak could use its freight tracks for a commuter train from the Lehigh Valley to New York, Amtrak has scheduled two daylong excursion trains from New York into the Lehigh Valley, Oct. 29 and Oct. 30.. But before anyone runs out to book tickets for their daily commute into the Big Apple, they should..."/>
Amtrak to run Autumn Express passenger train through Lehigh Valley for first time [The Morning Call (Allentown, Pa.)]
Boeing Co. fighter jets to Kuwait and Qatar, a decision that could preserve thousands of jobs in the St. The deal had been delayed for more than two years, amid concerns by Israel that the planes posed a threat to that nation's security. But members of Missouri's delegation had long touted the sale as a jobs boost for the St."/>
Obama administration approves sale of Boeing jets to Kuwait, Qatar [St. Louis Post-Dispatch]

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