BERWYN, Pa.-- Ametek's fourth-quarter net income jumped 18 percent on strong demand from energy and aerospace companies for its electronic instruments. Ametek earned $119.9 million, or 49 cents per share, in the three months that ended Dec. 31. Ametek CEO Frank Hermance said that he expects solid growth in 2013..
DALLAS-- A federal bankruptcy judge approved a request for permission to buy new, fuel-efficient Boeing and Airbus planes for American Airlines, its parent company said Wednesday. AMR Corp. said that it would allow American to sign contracts with aircraft and engine manufacturers to make its fleet the youngest among top U.S. airlines by 2017..
*Non-cash charge of $2 billion in IT business. WASHINGTON, Jan 23- General Dynamics Corp reported a $2.1 billion loss and lower-than-expected revenue for the 2012 fourth quarter as one-time charges and shrinking government orders hammered results at the weapons and aircraft maker.
*Adjusted EPS for Q4 was $1.39, down from $1.68 year-earlier. WASHINGTON, Jan 23- Weapons and aircraft maker General Dynamics Corp reported a loss from continuing operations and lower-than-expected revenue in the fourth quarter of 2012, as declining demand and shrinking government orders hammered the company's results.
WASHINGTON, Jan 23- Weapons and aircraft maker General Dynamics Corp reported a loss from continuing operations and lower-than-expected revenue in the fourth quarter of 2012, as declining demand and shrinking government orders hammered the company's results.
LONDON, Jan 23- U.S. industrial manufacturer Eaton Corp is helping with the investigation into the cause of a fuel leak blamed for a fire on one of Boeing's 787 Dreamliners.
*Deep Space Industries plans in-orbit manufacturing. Deep Space Industries, based in Santa Monica, California, said its inaugural mission is targeted for 2015, when it would send a small hitchhiker spacecraft called "Firefly" on a six-month expedition to survey an as-yet-unidentified asteroid.
PARIS, Jan 22- In theory, a new ownership structure means European planemaker EADS is no longer controlled by Paris and Berlin, free to pick the very best person in the world for the vacant job of board chairman.
*Half the world's leased aircraft are managed from Ireland. *Ireland aims to develop aircraft maintenance hub.
LONDON, Jan 20- London's Heathrow Airport cancelled a fifth of flights and airlines scrapped 40 percent of flights to Paris's main airports as snow continued to blanket parts of Europe, with more forecast.
Transportation Secretary, Ray LaHood is making it clear the Federal Aviation Administration will not rush to lift the grounding of Boeing 787 Dreamliners.
*Army project to lay groundwork for bigger Pentagon program. WASHINGTON, Jan 18- Boeing Co and Sikorsky Aircraft, a unit of United Technologies Corp, said they were teaming up to develop a next-generation multi-role helicopter for the U.S. military.
WASHINGTON, Jan 18- Boeing Co and Sikorsky Aircraft, a unit of United Technologies Corp, have reached a strategic teaming agreement to develop a next-generation multi-role helicopter for the U.S. military, according to sources briefed on the matter.
Jan 18- Rockwell Collins Inc, a supplier of avionics and other electronic systems for commercial and military airplanes, reported higher quarterly profit on Friday, aided by share buybacks and cost controls. Net income came to $132 million, or 94 cents a share, in the fiscal first quarter ended Dec. 31, compared with $130 million, or 86 cents a share, a year earlier.
*Pentagon, Lockheed said nearing deal for more jets. NEW YORK, Nov 29- The U.S. Air Force affirmed on Thursday its plans to buy 1,763 F-35 fighter jets built by Lockheed Martin Corp in coming years, as Lockheed and the government neared agreement on a multi-billion dollar contract for a fifth batch of planes.