Boeing Co. this week said it agreed to pay more than $2.5 billion because of fatal crashes stemming from problems with the 737 Max. The company is looking to the settlement a way to move on from a corporate crisis.
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Durable goods orders rose last month, boosted by commercial and defense aircraft, the U.S. Commerce said today.
The Federal Aviation Administration lifted a grounding order on Boeing Co.'s 737 Max that had been in effect since early 2019.
Durable goods orders increased in September on transportation equipment, the U.S. Commerce Department said today.
Teenaged Jamie Yelle daydreamed as he pushed a broom across the floor of his father’s machine shop. As he cleared a path through aluminum chips, filings, and scraps of metal around the machinery, he imagined what the company would look like if he were at the helm.
To grow in today’s manufacturing world, shops need to consolidate operations, automate, increase efficiency, capture and analyze data and more, in order to fully leverage opportunities in thriving industries, such as aerospace.
The world has changed remarkably in 2020. The new decade began with a sense of optimism and historically strong economies in both the commercial aerospace and defense sectors.
When the COVID-19 pandemic hit, many aerospace and defense manufacturers realized they were not resilient enough to withstand the resulting challenges in their supply chains.
Betting that the worst of the pandemic will be over and travel restrictions lifted, the 2021 edition the machine tool exhibition is putting out the welcome mat to the world.
A new way of procuring systems, recognizing the Department’s digital future, and industry’s ability to deliver digital twins.