Raytheon wins two Pentagon contracts worth $30.7B combined for SM-3 and SM-6 interceptors
The awards expand missile interceptor production at RTX facilities in Alabama and Arizona, a major backlog boost for the defense industrial base.
Manufacturingdive · +3 outlets
GE Vernova drops after Q2 earnings miss; CEO raises guidance, says data center orders doubled 2025 total
Shares fell as rising bond yields and valuation concerns hit AI-linked industrial names, even as management pointed to surging data center demand and a $176B ba
Stocktwits · +12 outlets
Northrop Grumman and Air Force begin $4.5B plant expansion to build B-21 Raider
Funded by the One Big Beautiful Bill, the California project adds over 1 million square feet of capacity for the bomber program.
Manufacturingdive · +7 outlets
Caterpillar shares dip as Citi cuts price target to $950
The target reduction came alongside continued investor focus on the machinery maker's AI and data center exposure.
scanx.trade · +7 outlets
Micron pledges $50M over five years to US DOE Genesis Mission fellowship program
The chipmaker's funding supports the Energy Department's graduate fellowship pilot and related research initiatives.
Manufacturingdive · +2 outlets
Honeywell cut to $270 target by Citi as Cramer's trust exits its Honeywell stake
The downgrades and the charitable trust's exit add pressure as investors weigh Honeywell's earnings estimates and planned separation.
ad-hoc-news.de · +4 outlets
Boeing gets buy ratings from RBC Capital and Jefferies
Analyst support comes as the planemaker's stock trades down about 17% from recent levels.
The Globe and Mail · +11 outlets
GSK to invest $800M in Pennsylvania manufacturing expansion, creating 300 jobs
The biopharma maker plans a hub with a quality control lab and process development plant in Montgomery County.
Manufacturingdive · +14 outlets
Deere expands Yamaha vehicle partnership; shares gain 2.12%
The expanded pact is being read by investors as a product-line and market extension for the agricultural equipment maker.
Simply Wall Street · +3 outlets
GE Aerospace earnings imminent; Deutsche Bank prefers GE over RTX ahead of results
Analysts expect about $12.84B in revenue and $1.99 EPS as the engine maker reports October 20, with Susquehanna holding a $430 target.
kalkine.ca · +6 outlets
GE wins UK government backing to expand Prestwick jet engine jobs
The government-backed expansion could shift the investment case for GE's UK engine operations.
Yahoo Finance · +6 outlets
Tabi Connect expands AI freight pricing automation as diesel costs and tender rejections rise
The freight software provider says broker margin protection is driving demand for pricing and margin intelligence tools.
American Journal of Transportation · +4 outlets
Walmart to expand Wing drone delivery to Denver and Seattle
The retailer and its partner plan aerial delivery from more than 270 stores nationwide by next year.
Supplychaindive · +14 outlets
CBP proposes earlier filing deadlines for low-cost imports, postal changes
The agency said the adjustments could raise shipping costs and strain USPS capacity while improving trade compliance.
Supplychaindive · +13 outlets
Panama Canal challenges push shippers to the Port of Los Angeles
High fuel costs and longer transit times are driving volume shifts to the San Pedro Bay port.
Supplychaindive · +14 outlets
NYC offers $5M to shift commercial deliveries away from peak hours
The city wants more night-time deliveries to cut congestion and is funding business participation.
Supplychaindive · +3 outlets
Best Buy pilots battery-powered yard vehicles at California distribution sites
The retailer deployed electric yard switchers to curb emissions and will assess wider supply chain deployment.
Supplychaindive · +1 outlets
Taylor Farms halts central Mexico lettuce sourcing after cyclospora outbreak
The company will stop harvesting and processing from the region during the CDC-defined cyclosporiasis season.
Supplychaindive