Latest Industrial equipment manufacturing News

Lockheed teams with Israel's Rafael on laser defense

Dec. 05, 2022 11:34 AM EST

JERUSALEM (AP) — U.S. weapons maker Lockheed Martin Corp. and Israeli defense contractor Rafael on Monday said they will team up to develop a high-energy laser system to defend against aerial attacks. The system will be based on “ Iron Beam,” a laser missile-defense system...

Shells hit near nuclear plant; Blackouts roll across Ukraine

Nov. 20, 2022 15:56 PM EST

KYIV, Ukraine (AP) — Powerful explosions from shelling shook Ukraine's Zaporizhzhia region, the site of Europe's largest nuclear power plant, the global nuclear watchdog said Sunday, calling for “urgent measures to help prevent a nuclear accident” in the Russian-occupied facility. ...

Computer chip ban signals new era as Biden and Xi meet

Nov. 12, 2022 00:16 AM EST

WASHINGTON (AP) — The Biden administration's move to block exports of advanced computer chips to China is signaling a new phase in relations between the globe's two largest economies — one in which trade matters less than an increasingly heated competition to be the world’s leading...

Backup power used at Ukraine nuclear site for safety systems

Nov. 03, 2022 17:09 PM EDT

KYIV, Ukraine (AP) — Europe’s largest nuclear power plant was relying on emergency diesel generators to run its safety systems Thursday after external power from the Ukrainian electric grid was again cut off, Ukrainian and U.N. officials reported. Fighting in Ukraine has...

Rockwell Automation: Fiscal Q4 Earnings Snapshot

Nov. 02, 2022 15:23 PM EDT

MILWAUKEE (AP) — Rockwell Automation Inc. (ROK) on Wednesday reported fiscal fourth-quarter earnings of $338.9 million. On a per-share basis, the Milwaukee-based company said it had net income of $2.91. Earnings, adjusted for non-recurring costs, came to $3.04 per share. ...