According to a Dec. 2 report from Reuters, General Dynamics Corp (GD.N) expects flat defense spending in coming years, or possibly small declines, but does not foresee the kind of “precipitous" declines seen in early downturns.
The Port of London Authority (PLA) has ordered a new purpose-built survey catamaran, a CTruk MPC19, due to enter service on the river Thames later this year.
German navigation system manufacturer Raytheon Anschütz has established its new subsidiary Raytheon Anschuetz Panama, S. de R.L., in Panama City.
The new company,
German industrial group ThyssenKrupp is not in talks to sell its submarine unit nor is it in talks to sell its stainless steel unit VDM, its chief executive said on Friday.