Industry News

Huntington Ingalls Industries announced today that Dave Hinnant, its manager of conference and event planning, has been named the 2016 Virginia Business Meeting Planner of the Year.. Hinnant is the first to receive the award, which was established by Virginia Business magazine and the Virginia Society of Association Executives. He will be recognized Thursday at the society’ s 2016 Educational Symposium and Expo at the Greater Richmond Convention..."/>
PHOTO RELEASE--Huntington Ingalls Industries Employee Named 2016 Virginia Business Meeting Planner of the Year
Bombardier is pleased to confirm that it has closed the previously announced sale of its Amphibious Aircraft program to British Columbia-based Viking Air Limited. The agreement covers the Type Certificates for all variants of the aircraft, the CL-215, the CL-215T and the Bombardier 415 aircraft as well as after-market services. This divestiture positions Bombardier to better focus on core, higher growth sectors: business jets, commercial aircraft..."/>
Bombardier Finalizes the Sale of its Amphibious Aircraft Program to Viking Air Limited
Briefcase [Albuquerque Journal, N.M.]
Quad/Graphics will hold a conference call at 10 a.m. ET on Wednesday, November 2, to discuss third quarter 2016 results. The call will be hosted by Joel Quadracci, Quad/Graphics Chairman, President& CEO, and Dave Honan, Quad/Graphics Executive Vice President& CFO."/>
Quad/Graphics to Host Investors and Analysts Call to Discuss Third Quarter 2016 Results
Interface, Inc., the world's largest manufacturer of modular carpet and a leader in sustainable business, will debut a new third-party certification from GreenCircle Certified, LLC and spotlight its Climate Take Back™ mission at the 2016 Greenbuild International Conference and Expo taking place Oct. 5-6 in Los Angeles. New GreenCircle Certified Environmental Facts™ Labels. After months of rigorous audits, GreenCircle developed..."/>
Interface Announces New GreenCircle Certified Environmental Facts Labels
L-3 Communications announced today that its WESCAM division has launched its smallest and lightest electro-optical/infrared airborne imaging system, the MX™ -8. The MX-8 is designed for small tactical UAVs, light manned Intelligence, Surveillance and Reconnaissance aircraft, and tactical aerostats requiring high-performing imaging solutions. The MX-8 will be on display and available for demonstration at L-3’ s exhibit during the 2016 Association of the United..."/>
L-3 Introduces MX™-8 Electro-Optical/Infrared Imaging System for Lightweight Tactical Airborne Applications
Bluedrop Performance Learning today announced that it has closed a $3.0 Million non-revolving credit facility with the Royal Bank of Canada. The loan facility bears interest at 4.09% per annum and matures on September 30, 2019. Monthly blended payments on the loan will be $30,000 per month in the first twelve months and $120,000 per month during the following twenty-four months."/>
Bluedrop Obtains a $3.0 Million Non-Revolving Credit Facility
FedEx team members from around the world will dedicate their time and skills to community service in celebration of the company’ s annual FedEx Cares Fall Campaign. FedEx Corp. launched this effort in a handful of U.S. cities in 2005 and has since expanded it to 200 U.S. cities and 120 countries around the world. The volunteer tradition focuses on giving back to communities where team members live and work.."/>
FedEx Cares 2016 Fall Campaign to Deliver Positive Change Around the World
General Dynamics Mission Systems announced today that new and improved versions of two key Warfighter Information Network-Tactical Increment 2 capabilities have begun the test and evaluation process at U.S. Army installations across the country. Integrated on HMMWVs instead of five-ton FMTVs, both the Tactical Communications Node-Lite and the Network Operations and Security Center-Lite feature a greatly reduced footprint and..."/>
Enhanced WIN-T Increment 2 Capabilities Begin Testing
Saab Launches New Multi-Role Land Radar in U.S. Market
Briefcase [Albuquerque Journal, N.M.]
L-3 Communications announced today that it will demonstrate its ROVER 6™ wideband ISR system at the 2016 Association of the United States Army Annual Meeting and Exposition being held October 3– 5 in Washington, D.C. The versatile ROVER communications system, which includes the industry-leading ROVER 6 modem and K Directional Antenna, will be integrated with the Oshkosh Defense ® Mine-Resistant Ambush Protected All-Terrain Vehicle at the Oshkosh Defense exhibit."/>
L-3 to Demonstrate ROVER 6™ on All-Terrain Vehicle at AUSA
Saab Awarded Research Contract From DARPA
Manitex International, Inc., a leading international provider of cranes and specialized material and container handling equipment, today announced that it has sold its Liftking subsidiary to a newly formed subsidiary of Mi-Jack Products Inc., for $14.0 million. Mi-Jack, based in Hazel Crest, IL, is a privately-held manufacturer and service provider for rubber and track mounted gantry cranes and industrial cranes in support of the Intermodal and..."/>
Manitex International, Inc. Announces Sale of Liftking Subsidiary
MRC Global Inc. is pleased to announce that its US subsidiary, MRC Global Inc., has signed an exclusive Enterprise Distributor Program agreement with Schlumberger to distribute Cameron measurement and instrumentation products in the United States and Canada. MRC Global will now add flow metering and electronics, temperature, differential pressure, sampling, transmitters and switches to its extensive inventory of valves, valve actuation and..."/>
MRC Global Announces Exclusive Measurement and Instrumentation Distribution Agreement with Schlumberger
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that the Company has agreed to novate an existing newbuild contract for Hull No. S835, a Japanese Panamax class vessel, and sell, upon delivery, Hull No. 1551, a Japanese Kamsarmax class vessel, in each case, to entities owned by Mr. Polys Hajioannou, the Chairman of the Board and the Chief Executive Officer of the Company."/>
Safe Bulkers, Inc. Agrees to the Novation of a Japanese Newbuilding Panamax Class Vessel and the Sale of a Japanese Newbuilding Kamsarmax Class Vessel
C.H. Robinson acquires APC Logistics for AUD300m
AeroVironment will deliver its Switchblade Block 10 C through this contract to meet urgent requirement AeroVironment provides full system capability, including Switchblade systems, operator training, support and logistics. WASHINGTON---- Association of the United States Army Annual Meeting and Exposition– AeroVironment, Inc., a..."/>
United States Army Awards AeroVironment $22.8 Million Contract for Lethal Miniature Aerial Missile Systems (LMAMS) and Support Services
Lockheed Martin a $49.3 million contract to upgrade the Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor on the AH-64E Apache helicopter. Under this contract, Lockheed Martin will produce an additional 42 Modernized Day Sensor Assembly upgrade kits and spares for the U.S."/>
Lockheed Martin Receives $49 Million U.S. Army Contract for Apache Helicopter Sensor Upgrades

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