Obama to lay down plans for manufacturing goal this week
US President Barack Obama said he will outline his plans for job generation in the US manufacturing sector this week, as the industry receives...
Pentagon awards $2.1bn tanker aircraft contract to Boeing
As part of an initial 2011 contract to design and develop the US Air Force’s next- generation tanker aircraft, Boeing has been awarded a...
Austal delivery of commercial ferry is a significant achievement for the Philippines
Australian shipbuilder Austal has announced the delivery of the 80-metre commercial vehicle-passenger catamaran to SNC Aremiti Ferry, months ahead of its scheduled release in...
BAE Systems pens $50m US Army contract
BAE Systems has received a $50 million contract from the US Army for the continued production of MK 90 Propellant grains.
The MK 90 propellant...
Holden Design Team Play Crucial Role in Korean Built Malibu
Local designers from Holden Design are said to have played a key role in the styling and development of GM’s global mid-size vehicle, the Holden...
LG Innotek opens automotive electronic parts plant in Mexico
Korea’s leading electronic motor developer LG Innotek has announced that it has built its first overseas automotive electronic parts plant in San Juan del...
Volkswagen starts construction of new EV plant in China
Volkswagen Group has commenced construction of an all-new electric car plant in China which will be powered by green energy from the get-go.
Once completed,...
GE Power opens advanced manufacturing facility in Greenville to accelerate development of cutting edge...
GE has officially opened its state-of-the-art Advanced Manufacturing Works (AMW) in Greenville, South Carolina, which the company believes will shorten time between research and...
GM acquires Cruise Automation to accelerate development of autonomous vehicle technology
General Motors (GM) has announced the acquisition of Cruise Automation, a San Francisco-based software company that develops autonomous-vehicle technology.
The move is consistent with GM’s...
Lockheed Martin wins $110m contract to develop new missile for AFRL
Lockheed Martin has announced that it has been awarded a $110 million, five-year Phase 1 contract from U.S. Air Force Research Laboratory (AFRL) to create a...