Latest Contracts and orders News

Financial unit with Tennessee Guard heading to Europe

Sep. 28, 2020 7:58 AM EDT

NASHVILLE, Tenn. (AP) — A financial management detachment with the Tennessee National Guard is departing for a 10-month deployment to Europe to support Operation Joint Guardian in Kosovo, officials said. The 1129th Finance Management Support Detachment is stopping at Fort Hood, Texas, for mobilization...

Novavax, Endo rise; Cavco, Occidental Petroleum fall

Sep. 25, 2020 6:52 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially Friday: Novavax Inc., up $11.12 to $113.56. The biotechnology company started a key study in the United Kingdom for a potential COVID-19 vaccine. Colony Capital Inc., up 29 cents to $2.63. The real estate investment firm is selling some of...

FILE - In this Aug. 7, 2020, file photo, women wearing masks to prevent the spread of the coronavirus chat as they pass by the headquarters of ByteDance, owners of TikTok, in Beijing, China. TikTok's owner said Thursday, Sept. 24, 2020, that it has applied for a Chinese technology export license as it tries to complete a deal with Oracle and Walmart to keep the popular video app operating in the United States. (AP Photo/Ng Han Guan, File)

TikTok's owner applies for Chinese license to close US deal

Sep. 24, 2020 6:25 AM EDT

BEIJING (AP) — TikTok's owner said Thursday it has applied for a Chinese technology export license as it tries to complete a deal with Oracle and Walmart to keep the popular video app operating in the United States. Beijing tightened control over technology exports last month in an effort to gain leverage...

Airfield bomb-clearing vehicles to be made in Alabama

Sep. 24, 2020 5:23 AM EDT

HUNTSVILLE, Ala. (AP) — An Alabama company has a contract worth nearly $40 million for laser-equipped mine-resistant vehicles to disarm unexploded bombs and mines from airfields at a distance. The vehicles also have extendable arms to move debris. Parsons Government Services Inc. of Huntsville will build...

US firm pleads guilty to paying bribes in Brazil, Venezuela

Sep. 23, 2020 4:06 PM EDT

MEDELLIN, Colombia (AP) — A major U.S. asphalt company agreed to pay $16.6 million in fines while pleading guilty Tuesday to federal charges that it paid millions in bribes to officials in Brazil, Ecuador and Venezuela for almost a decade to win lucrative contracts. The plea agreement by Sargeant Marine...

Editorial Roundup: Louisiana

Sep. 23, 2020 12:25 PM EDT

Recent editorials from Louisiana newspapers: ___ Sept. 22 The Advocate on the damage done by Hurricane Laura: After hurricanes Katrina and Rita in 2005, there were discussions — well, call them bitter disputes — among property owners, insurance companies and the government over what would be...

FILE - This pair of 2020 file photos shows incumbent Republican U.S. Sen. Susan Collins, left, and Maine Democrat House Speaker, right, candidates for U.S. Senate in the Nov. 3 election. (AP Photos, File)

AP FACT CHECK: No proof Sen. Collins voted to help husband

Sep. 21, 2020 10:48 AM EDT

Democrat Sara Gideon has launched a new TV ad making an unsupported claim that Republican Sen. Susan Collins of Maine has used her power in public office to advance legislation to help her husband and his business. Gideon’s campaign began running the ad this month, in one of the country’s tightest...

Bollinger wins contract to build dry dock for Navy subs

Sep. 19, 2020 12:05 PM EDT

LOCKPORT, La. (AP) — A Louisiana-based shipyard has won a contract to build a floating dry dock that will be used to construct and maintain Navy submarines. Bollinger Shipyards in Lockport said Wednesday it landed the contract for an undisclosed amount with General Dynamics Electric Boat, The Courier ...

Virus outbreak at Navy shipyard; Order on revenue shortfall

Sep. 17, 2020 3:26 PM EDT

AUGUSTA, Maine (AP) — Democratic Gov. Janet Mills signed an order Thursday to address a projected revenue shortfall caused by the pandemic. Her order curtails the General Fund by $221 million and the highway fund by $23 million but avoids deep program cuts and layoffs of state workers, and keeps the...

Germany taps UAE-owned Haenel for new assault rifle contract

Sep. 15, 2020 5:46 AM EDT

BERLIN (AP) — The German government has chosen arms manufacturer Haenel, which is owned by a company in Abu Dhabi, to make assault rifles for the military, sidelining long-time supplier Heckler & Koch. Germany's Defense Ministry said in a statement Tuesday that C.G. Haenel GmbH, based in the central...