Federal Signal agrees to sell Bronto Skylift
Federal Signal Corporation (NYSE: FSS) said it has signed a definitive agreement to sell its Bronto Skylift business to Morita Holdings Corporation (TYO: 6455) for EUR80 million in cash (or…
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Forward Air makes key executive promotions
Forward Air Corporation (NASDAQ: FWRD) said it has announced two key promotions within the company´s senior management team.Effective January 1, 2016, Matthew J. Jewell, the company´s Executive Vice President of…
Kalitta pilots vote to authorize strike
Pilots employed by Kalitta Air, LLC, said they have voted overwhelmingly, 213-7, to authorize a strike against the Ypsilanti, Mich.-based cargo airline.Kalitta Air operates a fleet of Boeing 747 aircraft…
Embraer Executive Jets gets Legacy 650 order in Middle East
Embraer Executive Jets said it has received an order for a new Legacy 650 large jet to an undisclosed customer, based in the Middle East.This order adds to the 29…
Hawaiian Airlines reaches tentative agreements with machinists, workers
Hawaiian Airlines said it has announced two tentative agreements on five year contracts with the International Association of Machinists and Aerospace Workers (IAM).The agreements will increase compensation for more than…
Spirit AeroSystems hires new general counsel
Spirit AeroSystems, Inc. (NYSE: SPR) said Stacy Cozad will join the company Jan. 4, 2016, as senior vice president and general counsel, reporting to Larry Lawson, president and chief executive…
Cunningham Lindsey, VDOS Global partnership to apply UAV drone technology to investigation process
Cunningham Lindsey said it has announced its partnership with VDOS Global (VDOS) to incorporate drone technology solutions into the insurance market.As the first FAA authorized UAS-inspection company in the US,…
JBT announces dividend, buyback program
JBT Corporation (NYSE: JBT) said it has announced an 11 percent increase in its quarterly dividend.The company´s board of directors declared a fourth quarter 2015 cash dividend of USD0.10 per…
Tech Industries acquires Precision Machine & Manufacturing
Tech Industries said it has acquired the assets of Precision Machine & Manufacturing Company (Precision), a 140,000 sq. ft. aerospace manufacturing facility in Grove, OK and Precision Components company (PCC),…
Air T completes Delphax Technologies investment
Air T, Inc. (NASDAQ: AIRT) said it has completed its investment in Delphax Technologies, Inc. and its subsidiary, Delphax Technologies Canada Limited.Nick Swenson, Air T´s Chief Executive Officer, commented, "Delphax…
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