Aerospace supplier Triumph to sell its components aftermarket business for $725 million
(Reuters) – Aerospace supplier Triumph Group said on Thursday it would sell its components aftermarket business that makes structures, airframes and engine accessories to AAR Corp for $725 million, sending its shares…
Zelenskiy seeks tougher sanctions on Russian missile components
(Reuters) – Ukrainian President Volodymyr Zelenskiy called for tougher sanctions to halt the flow of components used in Russian missiles, saying it was cheaper to stop their transfer than to improve anti-aircraft…
High-tech French army truck maker sees demand for low-tech artillery components
By Clotaire Achi LIMOGES, France (Reuters) – French armoured truck maker Arquus, specialised in manufacturing high-tech off-road military vehicles, has gone back to producing more low-tech undercarriages for howitzers as the ground…
GM invests $918 million in U.S. plants for gas engine, EV components
By David Shepardson WASHINGTON (Reuters) – General Motors said Thursday it was investing $918 million in four U.S. plants for V-8 gasoline engine production and electric vehicle components. The largest U.S. automaker…
Pentagon successfully flight tests hypersonic weapon components
By Mike Stone WALLOPS ISLAND, Va. (Reuters) – The U.S. Navy and Army blasted off a rocket from a seaside launch pad in Virginia to test nearly a dozen hypersonic weapon experiments…
As S&P 500 confirms bear market, most of its components look worse
By Noel Randewich (Reuters) – While the S&P 500 confirmed on Monday that it has been in a bear market since January, many of the benchmark’s components are in far worse shape…
Volkswagen, Mahindra explore partnership for electric vehicle components
By Aditi Shah NEW DELHI – Germany’s Volkswagen AG is exploring a partnership to supply electric components to Indian automaker Mahindra and Mahindra, the companies said on Thursday. Volkswagen and Mahindra are…
Convicted Felon Pleads Guilty to Online Purchases of Firearms and Firearm Components
ALEXANDRIA, Va. – A Fairfax County man pleaded guilty today to being a felon in possession of a firearm. According to court documents, throughout 2020, Babak Safavi, 59, used false names and…
Exclusive-Soelect, Lotte Chemical aim to scale up U.S. output of battery components
By Paul Lienert (Reuters) – Battery startup Soelect and Korean supplier Lotte Chemical said on Tuesday they intend to invest more than $200 million in a joint venture to make advanced battery…
Magna-LG Mexican plant to supply components for GM electric vehicles
(Reuters) – Magna International and LG Electronics are constructing a factory in the Mexican city of Ramos Airzpe that will supply electric vehicle components to General Motors Co, starting in 2023. The…
Shopify to allow staff to pick between cash and stock components – The Globe and Mail
(Reuters) – Canada’s Shopify Inc has introduced changes to its employees’ compensation packages, giving them more flexibility between cash and stock components, the Globe and Mail reported on Thursday. The changes will…
KC Gun Store Owner Pleads Guilty to Selling Machinegun Components
KANSAS CITY, Mo. – The owner of a Kansas City, Missouri, gun store pleaded guilty in federal court today to selling components to convert firearms into machine guns, which he marketed on…
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