GE Aerospace has emerged from the former GE conglomerate as a formidable and focused turbine engine producer, powering about three of every four commercial airline flights.
Lockheed Martin said on Wednesday that it has received a $270 million U.S. Air Force contract to integrate the Infrared Defensive System (IRDS) on the company’s fifth-generation F-22 Raptor fighter.
Excluding a dip in auto output, factory production increased by 0.7%, while mining and utilities enjoyed gains of 1.8% and 2.1%, respectively. The rise in natural gas extraction significantly boosted ...