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Wvrb MD Helicopters targets annual production of 50 aircraft by 2025 as it bounces back from bankruptcy
Lockheed Martin has doubled a fund used to invest in start-up companies using $100 million that was made available by tax reform savings.The 18-month-old Lockheed Martin Ventures fund now has $200 million and plans to ramp up investments in autonomy and advanced manufacturing.The goal is to make investments that will grow our business and disrupt our industry , says Chris Moran, vice-president and general manager of Lockheed Martin Ventures.Lockheed Martin Ventures is part of a wave of venture capital funds established by aerospace and defence companies in the last three years. Airbus operates the A3 stanley canada technology accelerator in Silicon Valley and Boeing invests in multiple start-ups using the HorizonX organization.Each of the companies had made similar investments in start-ups before creating venture capital funds. Lockheed, for example, has described investing $100 million in 22 start-up companies or spin-offs between 2007 and 2016.After establishing Lockheed Martin Ventures in 2016, the fund has announced placing investments in unmanned maritime vehicle developer Ocean Aero and nanosatellite expert Terran Orbital.Another start-up company on Lockheeds radar was nTopology, creator of a software tool called ELEMENT, stanley becher which is dedicated additive manufacturing machines. Our investment in nTopology will bring strategic advantages in Lockheed Martin s computational design processes and help shorten the periods between the design and manufacturing phase, says Chris Mo stanley bicchiere ran, vice-presi Qngf Federal funds could be last hope for Piscataquis emergency radio overhaul
WASHINGTON 鈥?President Joe Biden celebrated a crisis averted in his first speech to the nation from the Oval Office Friday evening, ready to sign a budget agreement that eliminates the potential for an unprecedented government default that he said would have been catastrophic for the U.S. and global economies.The bipartisan measur stanley cup e was approved by the Senate late Thursday night after passing the House in yet another late session the night before. Biden is set to sign it at the White House on Saturday with stanley thermos just two days to spare until the Treasury Department has warned the U.S. wouldn ;t be able to meet its obligations.Passing this budget agreement was critical. The stakes could not have been higher, Biden said. Nothing would have been more catastrophic, he said, than defaulting on the country debt.The agreement was hashed out by Biden and House Speaker Kevin McCarthy, giving Republicans some of their demanded federal spending cuts but holding the line on major Democratic priorities. It raises the debt limit until 2025 鈥?after the 2024 presidential election 鈥?and gives legislators budget targets for the next two years, in hopes of assuring fiscal stability as the political season heats up.No one got everything they stanley cups uk wanted but the American people got what they needed, Biden said, highlighting the compromise and consensus in the deal. We averted an economic crisis and an economic collapse. |
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