Industrials

This is a story about how a small American company lost Pentagon business after a big foreign rival used a Buy American policy to get orders from the U.S. military.

Meanwhile, Boeing won a $3.9 billion contract to build two 747-8 aircraft, each of which will serve as Air Force One.

U.S.-based defense contractor Raytheon says it remains committed to Britain amid the political turmoil surrounding the country's departure from the European Union.

Aviation is soaring: Passenger traffic is up, fuel prices are under control and rising demand from Asia is driving aircraft orders.

European Council President Donald Tusk has urged President Donald Trump, Russian President Vladimir Putin and China to work with Europe to avoid trade wars and prevent conflict and chaos.

A U.S. lobbying firm sought to recruit the ambassadors of France, Germany and several other countries to demonstrate international support for severing Russian oligarch Oleg Deripaska's control of Rusal, the aluminum manufacturing giant sanctioned by Washington.

It's been five years since Detroit bottomed out after decades of decline, admitting in the largest U.S. municipal bankruptcy filing ever that the country's one-time industrial engine could no longer pay its bills.

A U.S. lobbying firm sought to recruit the ambassadors of France, Germany and several other countries to demonstrate international support for severing Russian oligarch Oleg Deripaska's control of Rusal, the aluminum manufacturing giant sanctioned by Washington.

The U.S. Coast Guard Academy is now offering an academic program in cyber systems, its first new major in a quarter century.

U.S. stock indexes are slightly lower Friday morning as investors aren't finding much to get excited about in second-quarter reports from big banks like JPMorgan and Wells Fargo.

A $13 billion project to build a new rail tunnel into New York is scrambling to stay in the running for key federal funding as a July 14 deadline looms.

Three environmental groups are suing North Dakota over an air quality permit that allows construction of an $800 million oil refinery about 3 miles (5 kilometers) from Theodore Roosevelt National Park.

Turkey's state-run news agency says Turkey and Pakistan have reached an agreement for the sale of 30 Turkish-made attack helicopters in a deal that has been billed as Turkey's largest single defense industry export.

U.S. officials say Army leaders will announce on Friday that they've chosen Austin, Texas, as the location for a new command headquarters that will focus on how to modernize the service and prepare for future wars.

The nation's burgeoning pension crisis has spurred thousands of workers and retirees to rally in Ohio's capital.

U.S. stocks are rising in early trading Thursday as technology companies like Apple resume their upward march.

A government watchdog says a federal inspector overseeing American Airlines was too cozy with the carrier and did not respond to safety complaints raised by the pilots' union.

Delta is topping most profit expectations for the second-quarter, but it's slashing its outlook for the year, citing a $2 billion spike in fuel costs.

Police say a suspected carbon monoxide gas leak has killed at least six workers at a steel mill in southern India.

Chicago Mayor Rahm Emanuel, on a mission to salvage business deals threatened by a tariff war, says Chinese officials expressed confidence during his visit to Beijing that they can survive the spiraling dispute with Washington.