Understanding, installing and monitoring advanced software and equipment is just part of meeting the challenge of the Industrial Internet of Things. There is also the basic issue of paying for this new technology.
The deal, which is slated to close in early 2017, is the latest in a spate of mergers involving suppliers to Boeing Co. and Airbus Group SE as the commercial aircraft industry braces for slower growth following a decade-long sales cycle....More
When it reports Q3 earnings this week, General Electric will look to regain momentum and show investors that it can overcome a weak first half and persistently sluggish economy to deliver on growth expectations....More
The Brazilian planemaker “is looking to finalize definitive agreements with the Department of Justice and the Securities and Exchange Commission to resolve the allegations” that it violated anti-corruption regulations....More