Industry News

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]
Aerojet Rocketdyne Holdings, Inc. today announced that it is notifying holders of its 2¼% Convertible Subordinated Debentures due 2024 that Aerojet Rocketdyne will redeem, on October 28, 2016, all of their Debentures at a purchase price equal to 100% of the principal amount of the Debentures to be redeemed, plus any accrued and unpaid interest. As of September 28, 2016, the outstanding principal amount of the Debentures was..."/>
Aerojet Rocketdyne Holdings, Inc. Announces Redemption Notification for 2¼% Convertible Subordinated Debentures due 2024
SolarCity, the solar energy systems installer whose acquisition by Tesla Motors is being delayed by shareholder lawsuits, is facing another legal challenge from a competitor that accuses it of stealing trade secrets for the production of high-efficiency solar panels. The lawsuit, filed Monday by Cogenra Sola and its longtime majority shareholder Khosla Ventures, alleges that SolarCity and its solar panel manufacturing business, Silevo, stole trade secrets..."/>
SolarCity faces another legal hurdle as competitor sues over trade secrets [The Buffalo News, N.Y.]
Stuart Olson Inc. today announced that it will release its financial results for the three and nine months ended September 30, 2016 on Thursday, November 3, 2016 after the close of the Canadian capital markets. The Company will host a conference call and webcast to discuss its 2016 third quarter results on Friday, November 4, 2016 at 7:30 a.m. MT. The conference call will include prepared remarks from David LeMay, President and CEO, and Daryl Sands,..."/>
Stuart Olson Announces Release Date, Conference Call and Webcast for 2016 Third Quarter Financial Results

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