Aerospace & defense - Articles - Page 9

U.K. Is Paving the Way for Electric Planes, Urban Drones

December 7, 2018

The U.K. will plow $160m into electric planes and drones to ease congestion in urban areas, Business Secretary Greg Clark announced this week.

World’s Largest Aerospace Supplier Plans Internal Split to Shift Company Focus

November 28, 2018

Bloomberg

United Technologies will break itself up, capping months of pressure on Chief Executive Officer Greg Hayes to separate the conglomerate’s operations.

China May Cut Parts Tariffs, Aiding Home-Built Jets

November 28, 2018

Bloomberg

China is discussing a plan to cut tariffs on imported plane parts, a move that may also benefit suppliers such as General Electric and Honeywell International.

Inside China’s $9Bn Space Plan to Challenge American GPS

November 27, 2018

Bloomberg

China is taking its rivalry with the U.S. to the heavens — aiming to build a celestial navigation system and cut its dependence on the American-owned GPS.

U.S. Factory Production Continues Growth Streak

November 16, 2018

Bloomberg

U.S. factory production expanded in October for a fifth straight month, the longest streak since 2011 and indicating a solid start to the fourth quarter, Federal Reserve data shows.

U.S. Trade Gap Hits Seven-Month High Amid Expanding Tariff War

November 8, 2018

Bloomberg

The U.S. trade deficit widened more than forecast in September to a seven-month high as imports expanded and the merchandise gap with China hit a record amid an escalating tariff war.

New Blue-Collar Jobs Will Survive the Rise of AI

November 2, 2018

Bloomberg

At a Rolls Royce parts plant with “virtually no manual operations,” human workers continually refine automation.

Uber's Drone Delivery Dreams Face Harsh Legal and Economic Realities

November 2, 2018

Forbes

Uber has been looking to fill an executive position at UberExpress, its drone delivery operation, to help get the company’s drones up and running next year.