Israeli forces have located and destroyed the largest long-range rocket manufacturing site utilized by the Palestinian Islamic Jihad (PIJ) terrorist organization in the Gaza Strip, officials told Fox News Digital Monday. Forces from the Israeli Commando Brigade, including the 401st Brigade and the Yahalom Unit, raided the outpost located in the Tel al-Sultan area west […]
John Deere, the world’s largest seller of tractors and crop harvesters, has announced another wave of layoffs Friday, telling around 610 production staff at plants in Illinois and Iowa that they will be out of a job by the end of the summer. The company is slashing around 280 workers from a plant in East Moline, […]
Russian president Vladimir Putin has called for resuming production in Russia of intermediate-range missiles that were banned under a now-scrapped treaty with the United States. The Intermediate-Range Nuclear Forces treaty, which banned ground-based missiles with a range of 500-5,500 kilometres (310-3,410 miles), was regarded as an arms control landmark when then-Soviet leader Mikhail Gorbachev and […]
MOSCOW (Reuters) –President Vladimir Putin said on Friday that Russia would resume production of short and medium range nuclear-capable land-based missiles due to what he said were moves by the United States to deploy them in both Europe and Asia. The United States formally withdrew from the landmark 1987 Intermediate-range Nuclear Forces (INF) Treaty with […]
As Boeing faces multiple whistleblower complaints over safety, the company recently gave special access in a tightly-controlled media tour to its 737 Max production this week. The rare glimpse aimed to show changes the company says are being made in real time after a door panel blew out on an Alaska Airlines flight in January. […]
Rivian (RIVN) on Thursday Affirmed its full-year production forecast and estimated that second-quarter deliveries will be above analyst expectations. A day after shares surged on news of its joint venture with Volkswagen (VWAGY), RIVN stock fell on Thursday. ↑ X NOW PLAYING If Tesla Is The Most Valuable Car Company, Why Are Hybrids Outselling EVs? […]
Fiat Chrysler Automobiles (FCA) would launch production of electric cars at its plant in the central Serbian city of Kragujevac in the second half of July, Serbian president Aleksandar Vucic has said. Vucic, along with representatives from FCA’s parent company Stellantis, would inaugurate production at the Kragujevac plant, he said in a public speech on […]
Multinational automotive manufacturer Stellantis has indicated it might cease electric vehicle (EV) production in the UK unless the UK Government enhances incentives to boost EV demand. This move comes in response to the stringent zero-emissions vehicle sales targets set by the country. Stellantis’ managing director for the region Maria Grazia Davino said that these sales […]
The Army has given the greenlight to Lockheed Martin to produce an extended-range version of its Guided Multiple Launch Rocket System, according to the company and the service. Lockheed was awarded a $200 million fiscal 2024 contract modification in May to build as many as 240 extended range GMLRS. The funding includes production, tooling and […]
Semiconductor industry giants Intel (INTC), Taiwan Semiconductor (TSM), Samsung Electronics and others are gearing up to expand their production capacity. That puts ASML (ASML) — the world’s only manufacturer of extreme ultraviolet lithography equipment used in chipmaking — in an enviable position. It also helps put ASML stock on the IBD Leaderboard list of top growth […]
By Daniel Leussink and Kantaro Komiya TOKYO (Reuters) – Nissan Motor has halted production at its Changzhou plant in China as it seeks to optimise its operations, the Japanese automaker said on Friday. The Changzhou plant, jointly operated with Nissan’s local partner Dongfeng Motor, was producing the Qashqai SUV with annual capacity of about 130,000 […]
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