The Wall Street Journal
Defense & Aerospace
The Wall Street Journal
Defense & Aerospace
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CEO Jeff Immelt said the conglomerate's industrial profit margin may not grow as much as expected this year, although he vowed that the difference will be made up in 2013.
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U.K. defense contractor BAE Systems secured a $3 billion contract to supply Hawk trainer jets to Saudi Arabia's air force, the latest military equipment deal under a Saudi-British defense pact.
The first commercial spacecraft intended to dock with the international space station reached orbit, providing the strongest sign yet that private companies are moving closer to transforming U.S. space exploration.
It may not be the start of a new golden age for American manufacturing. But at a Whirlpool factory in Greenville, OH, a small number of jobs that previously went overseas have come back home. WSJ's Neil Hickey reports.
It's a train. It's a barge. All aboard and ahoy! Take an exclusive trip on the last working carfloat in New York Harbor with WSJ's Barry Newman.
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