JBT acquires A&B Process Systems
JBT Corporation (NYSE: JBT) said it has completed its agreement to acquire the shares of A&B Process Systems.The agreement to purchase the shares was announced on September 2, 2015. JBT…
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American Airlines, Communications Workers of America, International Brotherhood of Teamsters reach tentative agreement
American Airlines and the Communications Workers of America and International Brotherhood of Teamsters (CWA-IBT) have reached a tentative agreement on a new joint collective bargaining agreement.The CWA-IBT represents American Airlines…
Calspan Aerospace wins USD1.57m Navy contract
Calspan Aerospace said it has won a USD1.57 million contract with the US Navy to provide a next-generation Variable Stability System (VSS) for a US Naval Test Pilot School UH-60L…
Rolls-Royce, American Airlines dissolving Texas Aero Engine Services LLC partnership
Rolls-Royce and American Airlines said they plan to dissolve Texas Aero Engine Services LLC (TAESL).TAESL is a 50-50 joint venture based in Fort Worth, Texas, that provides maintenance, repair, and…
XTI Aircraft reaches USD10m in crowdfunding campaign
Equity crowdfunders from around the world have reserved shares for more than USD10 million to support development of the TriFan 600.The TriFan 600 will be the world´s first commercially certified…
Wheels Up gets up to USD115m in new capital round
Membership-based private aviation company Wheels Up said it has completed its first closing on a capital raise of up to USD115 million from leading financial institutions, including funds and trusts…
ISG wins GBP8.5m Heathrow approach office scheme
ISG is underway with an GBP8.5m office refurbishment scheme at Heathrow Approach in Slough, the company´s first project for Sampension KP International, one of Denmark´s largest pension management firms.Occupying a…
Grupo Aeroportuario Del Pacífico refinances long-term debt
Grupo Aeroportuario del PacÃfico, S.A.B. de C.V. (NYSE:PAC; BMV:GAP) said it has signed two loan agreements for the refinancing of the bridge loan obtained in April 2015 for the acquisition…
Swift Transportation revises guidance for 2015; authorizes stock buyback
Swift Transportation company (NYSE: SWFT) said it has revised its full year 2015 Adjusted EPS guidance range to USD1.43-USD1.52 from USD1.64-USD1.74 as compared to USD1.38 in 2014.The change in the…
Elbit Systems gets USD70m contract for intelligence integrated systems
Elbit Systems Ltd. (NASDAQ and TASE: ESLT) said it was awarded a contract from a customer in the Latin American region, in an amount of approximately USD70 million, for the…
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