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Lockheed Martin CEO meets Trump, says deal to lower F-35 costs is close
January 15, 2017 by creative · Leave a Comment
Lockheed Martin Corp is close to a deal to significantly lower the cost of its F-35 aircraft, Chief Executive Officer Marillyn Hewson said on Friday after meeting with U.S. President-elect Donald Trump. “I certainly share his views that we need to get the best capability to our men and women in uniform, and we have to get it at the lowest possible price,” Hewson said to reporters in Trump Tower. Hewson had previously assured Trump she would drive down…
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Lockheed Martin CEO meets Trump, says deal to lower F-35 costs is close
announced-hours
EU, U.S. strike deal to boost transatlantic insurance market
January 15, 2017 by creative · Leave a Comment
The European Union and the United States agreed on Friday to reduce legal and capital barriers to boost the $3 billion transatlantic insurance and reinsurance market. Under the deal, EU and U.S. authorities will lift requirements for reinsurers to hold more capital against risks if they operate from the other side of the Atlantic, eliminating one key hurdle for cross-border expansion. “This is a major deal that is set to benefit insurers, reinsurers and policy holders…
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EU, U.S. strike deal to boost transatlantic insurance market
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Takata to plead guilty, pay $1 billion U.S. penalty over air bag defect
January 15, 2017 by admin · Leave a Comment
DETROIT/WASHINGTON (Reuters) – Japan's Takata Corp on Friday agreed to plead guilty to criminal wrongdoing and to pay $1 billion to resolve a U.S. Justice Department investigation into ruptures of its air bag inflators linked to at least 16 deaths worldwide. The deal was announced hours after prosecutors in Detroit charged three former senior Takata executives …
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Takata to plead guilty, pay $1 billion U.S. penalty over air bag defect