Industry News

Hill International, the global leader in managing construction risk, announced today that Paul Roberts, BSc, DipArb, FRICS, MCIArb, has joined the company as Senior Vice President in charge of Asia and Australia for Hill’ s Construction Claims Group. Roberts is based in Hill’ s Brisbane, Australia office.. Roberts is a vastly experienced quantity surveyor with more than 30 years of experience in all facets of commercial, contractual and..."/>
Paul Roberts Joins Hill International’s Construction Claims Group as Senior Vice President in Charge of Asia and Australia
Lockheed Martin has received $99 million in delivery orders for Sniper ® Advanced Targeting Pods, spares and upgrades under an Indefinite Delivery/Indefinite Quantity foreign military sales contract. The delivery orders support customers in Belgium, Norway, Pakistan, Poland, Romania, Saudi Arabia, Taiwan, Thailand, the Netherlands and Turkey. Air Force awarded Lockheed Martin the ID/IQ contract in 2015 with a ceiling value of $485..."/>
Lockheed Martin Receives $99 Million in New Sniper ATP Orders Under ID/IQ
Bombardier Commercial Aircraft and Porter Airlines Inc. of Toronto announced today that they have signed a firm purchase agreement for three Bombardier Q400 turboprop airliners. Based on the list price of the Q400 aircraft, the firm order is valued at approximately$ US 93 million. The three aircraft on firm order will increase Porter's Q400 aircraft fleet to 29 aircraft."/>
Porter Airlines Signs for Three More Bombardier Q400 Turboprops
Lockheed Martin will webcast live its second quarter 2016 earnings results conference call on Tuesday, July 19, at 11 a.m. Marillyn Hewson, chairman, president and chief executive officer; Bruce Tanner, executive vice president and chief financial officer; and Jerry Kircher, vice president of investor relations, will discuss second quarter 2016 financial results, provide updates on key topics and answer questions. Second quarter 2016..."/>
Lockheed Martin Announces Second Quarter 2016 Earnings Results Conference Call
Daily Mail, London, market report column [Daily Mail, London]
Caterpillar Inc. will release second-quarter 2016 financial results at 6:30 a.m. CDT on Tuesday, July 26. The release will be available at caterpillar.com/earnings and the full text of the news release will also be available on PR Newswire at about 6:30 a.m. CDT. The news release will be furnished to the U.S."/>
Caterpillar Inc. to Announce Second-Quarter 2016 Financial Results on July 26
Ameresco, Inc., a leading energy efficiency and renewable energy company, announced today the U.S. General Services Administration has entered into an Energy Savings Performance Contract with Ameresco for four federal buildings in Washington, D.C., as part of the GSA’ s National Deep Energy Retrofit Program."/>
Ameresco Partners with U.S. General Services Administration for National Deep Energy Retrofit in Washington, D.C.
Hawaiian Airlines, Hawaii's largest and longest serving carrier, earned top honors at this year's Skytrax World Airline Awards after being named recipient of the Best Airline Staff– North America award, which recognizes service excellence across all areas of front-line customer service. As a first time recipient of this highly-coveted award, Hawaiian Airlines' President and CEO Mark Dunkerley said: "Hawaii is a special place with a rich..."/>
Hawaiian Airlines Named 2016 World Airline Awards Winner for Best Airline Staff -- North America
Ideal Power's highly efficient power conversion systems. As a part of sonnen's smart energy product suite, the sonnenBatterie pro is an all-in-one smart energy management solution that maximizes energy savings for small businesses. Using sonnen's proven self-learning software, the pro reduces..."/>
Sonnen Announces Commercial Energy Storage Solution In Partnership With Ideal Power
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared:. a cash dividend of $0.50 per share on its 8.00% Series B Cumulative Redeemable Perpetual Preferred Shares for the period from April 30, 2016 to July 29, 2016; a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares for the period from April 30, 2016 to July..."/>
Safe Bulkers, Inc. Declares Quarterly Dividend on Its 8.00% Series B Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares
Tecogen ® Inc., a leading provider of cost efficient, clean and reliable products for power production, heating and cooling which, through patented technology, nearly eliminate criteria pollutants and significantly reduce a customer's carbon footprint, today announced backlog of products and installation services as of June 30, 2016 was $14.0 million, more than 20% growth over prior quarter ended backlog of $11.5 million."/>
Tecogen Announces Quarter End Backlog of $14 Million
American Power Group Corporation announced that James Harger, Senior Advisor to the CEO of Clean Energy Fuels Corp has joined the Company's Board of Directors effective July 11, 2016. Mr. Harger replaces Jamie Weston as one of Arrow, LLC's two Board designees. Harger, 58, is currently Senior Advisor to the CEO of Clean Energy and served as Chief Marketing Officer of Clean Energy from 2009 to 2014. He was the second employee of Pickens Fuel Corp. when he joined..."/>
American Power Group Appoints Jim Harger as a New Board Member
SPX FLOW, Inc. today announced that it has completed an amendment to its US $1.35 billion senior secured credit facilities which increases the maximum consolidated leverage ratio for any period of four consecutive fiscal quarters to 4.0 x. The previous maximum consolidated leverage ratio was 3.25 x. In connection with the increased leverage ratio, SPX FLOW has agreed to pledge certain assets as collateral under the agreement."/>
SPX FLOW Announces Amendment to US$1.35 Billion Senior Secured Credit Facilities
United Technologies Corp. company. "Selecting the Pratt& Whitney Pure Power engine was a clear choice for Germania," said Karsten Balke, chief executive officer, Germania."/>
Berlin-Based Germania Selects Pratt & Whitney's PurePower® Geared Turbofan™ Engines for up to 40 A320neo Aircraft
Hertz Global Holdings, Inc. will host a live webcast discussion of its 2016 second quarter financial results on Tuesday, August 9, beginning at 8:30 a.m. U.S. This webcast can be accessed through a link on the Investor Relations section of the Hertz website, IR.Hertz.com, and will remain available for replay for approximately one year. The company will issue a press release detailing the company's financial results and will file its SEC Form..."/>
Hertz Global Holdings To Hold Second Quarter 2016 Earnings Webcast
Lockheed Martin's INFIRNO™ sensor system recently completed its first flight on an H-60 BLACK HAWK helicopter. This successful Lockheed Martin-funded test validated INFIRNO's ability to detect, identify and track targets from an airborne platform. The INFIRNO sensor, which was successfully integrated on the nose of the BLACK HAWK, met test objectives that verified line-of-sight stability and image quality."/>
Lockheed Martin's INFIRNO Sensor Makes First Flight on the BLACK HAWK Helicopter
United Technologies Corp., has been selected by Copa Airlines to provide landing gear maintenance, repair and overhaul services for its fleet of Boeing Next-Generation 737 aircraft. As one of the largest suppliers of integrated landing gear systems in the world, UTC Aerospace Systems' extensive knowledge in the design, manufacturing and maintenance of landing gear systems offers customers..."/>
UTC Aerospace Systems chosen to provide its world-class maintenance, repair and overhaul services to Copa Airlines

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