AAI Corporation, a subsidiary of United Industrial Corporation, has completed the $10 million cash acquisition of Britain’s ESL Defence Limited.

Defence group Cobham has demonstrated a reusable technology capable of extracting stores from bomb racks at the Overberg Test Centre in South Africa.

Sir Jackie Stewart OBE has officially opened Yorkshire Forward’s Innovation Technology Centre, the latest development on South Yorkshire’s Advanced Manufacturing Park.

Boeing has identified Virgin Blue Airlines as the carrier that last month exercised purchase rights for nine Next-Generation 737-800 airplanes worth $634.5 million at list prices.

Researchers at Florida State University in the US have developed a new highly efficient and low cost light emitting diode that could help spur more widespread adoption of the technology