Industry News

Lockheed Martin and the University of Colorado Boulder are establishing new academic programs through a multi-million-dollar agreement that will develop the next generation of space engineers. The Lockheed Martin Radio Frequency Space Systems Research Center will boost engineering expertise at the school and create new curriculum to fill in-demand skills in the space sector. The $3 million sponsorship by Lockheed Martin, spread over four years, will..."/>
Lockheed Martin, University of Colorado Boulder Create Multi-Million-Dollar Partnership
US$53+ million of equipment sold at Houston auction
US$53+ million of equipment sold at Houston auction
MacDonald Dettwiler and Associates, announced on Thursday that a satellite designed and built for Intelsat S.A was launched on 24 August 2016 and is successfully performing post-launch manoeuvres according to plan. This satellite, Intelsat 36, deployed its solar arrays on schedule following its launch aboard an Ariane 5 launch vehicle from the European..."/>
SSL announces post-launch manoeuvres by Intelsat 36 satellite
Navigant Consulting Inc., ordered by the state Board of Public Utilities, looked at JCP&L and its electricity distribution system, in particular its reliability and resiliency, and enhancements and ability to recover from outages caused by storms. It covered a time period between 2012 and 2015, which included..."/>
4 things found in JCP&L study [Asbury Park Press, N.J.]
Vectrus Systems Corporation, a wholly-owned subsidiary of Vectrus, Inc., was awarded a $21 million installation services contract in support of the U.S. Air Force at Al Udeid Air Base in Qatar. The contract includes a base year and two and a half years of potential option periods and will be performed at Al Udeid AB, Qatar, in support of Central Command headquarters, the Air Force 379 th Expeditionary Force Support Squadron and 379 th..."/>
Vectrus announces $21 million AFCAP Task Order win
Standex International stated on Thursday that its net income from continuing operations was USD12.1m for the fourth quarter fiscal 2016.. This marks a decline in earnings when compared with net income from continuing operations of USD16.3m, or USD1.27 per diluted share for the fourth quarter fiscal 2015.. Net sales of USD193.8m were recorded for the fourth quarter fiscal 2016, down 3% from USD199.8 million in the same period a year ago."/>
Standex International posts lower net income from continuing operations of USD12.1m for Q4 fiscal 2016
NuTonomy first to open service to public [Boston Herald]
Allcargo Logistics Ltd, a listed group company."/>
Allcargo Logistics' parent forms a new joint venture [Mint, New Delhi]
Essar Shipping Ltd, he would never have imagined returning to his former employer as chairman and managing director. Eight years hence, this is what has happened. A government that is open to trying out private talent in a company that runs ships where quick decision-making..."/>
Challenges facing Anoop Kumar Sharma, the new Shipping Corporation of India boss [Mint, New Delhi]
IL&FS Transportation Networks Ltd on Thursday said it has agreed to sell a road project in Andhra Pradesh to Cube Highways and Infrastructure Pte. Ltd, a joint venture between I Squared Capital and International Finance Corporation, for Rs.140.37 crore. Cube Highways will also assume debt of about Rs.500 crore associated with the project."/>
ITNL to sell Andhra Pradesh road asset to Cube Highways for Rs140 crore [Mint, New Delhi]
WALGREENS BOOTS ALLIANCE BUYS ANOTHER USD 1.19 BN OF AMERISOURCEBERGEN SHARES VIA WARRANTS EXERCISE US-based drug retailing chain Walgreens Boots Alliance, Inc. has exercised these warrants and purchased 22,696,912 shares of US-based pharmaceutical sourcing and distribution services company AmerisourceBergen common stock for an aggregate payment of approximately USD 1.19 bn using cash..."/>
M and A Navigator: Deal pipeline –26 August
Lockheed Martin is giving $3 million to the University of Colorado to fund a research center on radio frequency technologies and their use in space communications systems. The grant will fund the Lockheed Martin Radio Frequency Space Systems Research Center, which will offer several academic programs, including:. --Dual bachelor's/master's programs in aerospace and electrical engineering;."/>
Lockheed gives CU Boulder $3 million to fund space communications research [Daily Camera, Boulder, Colo.]

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