ARLINGTON, VA—A stronger-than-expected travel recovery has forced airlines to keep older jets in service for longer, helping companies such as Raytheon through sales of spare parts and other aftermarket services.
WASHINGTON—Investors are clamoring for details on the extent of the new supplier quality problem by Spirit AeroSystems, announced in April 2023, which Boeing said involves a "significant" portion of the 737 fleet. The problem involves two brackets were improperly installed.
STOCKHOLM—Sweden has revealed plans to strengthen its 'total defense' and establish a new agency tasked with reviewing and evaluating defense activities to avoid wasteful spending or poor planning.
DES MOINES—A controversial bill passed by the Iowa Senate in the wee hours of the morning would loosen child labor laws in the state and allow some manufacturers to employ children under the age of 18 in their facilities.
WASHINGTON—A group of former "Rosie the Riveters" from Michigan recently took part in an Honor Flight to the nation’s capital, where they met with lawmakers.
SARASOTA, FL—Reshoring activity and foreign direct investment (FDI) job announcements in 2022 were at the highest rate ever recorded, according to the Reshoring Initiative.
AUBURN HILLS, MI—DESTACO has introduced a series of end-of-arm tooling specifically for applications employing small-payload robots or cobots. The tooling is designed for gripping, palletizing, machine tending, tool changing and tool extension applications up to 10 kilograms in total payload.