Articles

Raytheon lands key Navy contract

Raytheon Technical Services Co. LLC in Indianapolis will develop a new bomb rack for U.S. Navy airplanes under a recently awarded $32.4 million contract.

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House OKs defense bill that funds Rolls Royce engine

Despite a vaguely worded veto threat by President Barack Obama, the House on Thursday easily adopted a major defense
policy bill that calls for continued development of a costly alternative engine for the Pentagon’s next-generation fighter
jet.

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Logistics advocacy group Conexus gears up for statewide pitch

Carol D’Amico, president and CEO of the newly formed industry advocacy group Conexus Indiana, is intent on boosting the visibility
and growth of the logistics industry. Large though it is, it’s also relatively ambiguous and sits in the shadow of the state’s
much-vaunted life sciences industry.

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Auto-job slide accelerating

Indiana’s automotive manufacturing employment for the last decade peaked at 142,000 in 1999. Since then, the sector has shed
20,300 jobs-a staggering one-seventh of its total. Another 5,220 are slated to be cut soon. And there’s no end in sight.

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