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Tag: land

Oshkosh, Broshuis land $13.3M Army contract for new semitrailers

Oshkosh, Broshuis land $13.3M Army contract for new semitrailers

Business
May 30 (UPI) -- Oshkosh Defense said Thursday that the U.S. Army has awarded it and a partner a $ 13.3 million contract to produce a semitrailer for heavy equipment transporter. The $ 13.3 million contract award will fill an operational need for U.S. Army Europe for a semitrailer capable of carrying a larger payload while abiding by European road rules. The deal calls for 170 semitrailers to be delivered in the next couple fiscal years and has a maximum value of $ 109.8 million. The U.S. Army Tank-automative and Armaments Command awarded the contract to Oshkosh Defense, which has been producing the heavy equipment transporter for the U.S. Army since 1976, and Broshuis B.V., which specializes in producing semitrailers for military transport, according to Oshkosh. Oshkosh initially design...
Bidders seek to land Thomas Cook takeover

Bidders seek to land Thomas Cook takeover

Business
By Mark Kleinman, City editor Thomas Cook, one of the oldest names in the British travel industry, is being circled by potential bidders as lenders ‎to the company prepare for crunch talks over the state of its finances.Sky News has learnt that ‎Thomas Cook has been tentatively approached about a takeover of its tour operating unit, and the entire company, by several parties. The approaches have come as it contends with shifting consumer behaviour, Brexit uncertainty and other factors hurting traditional industry players.The precise status of talks between Thomas Cook and its suitors was unclear on Saturday, although insiders cautioned that any deal was likely to be months away.One described the various talks as ‎preliminary.
Bloodhound: Land speed record car is relaunched

Bloodhound: Land speed record car is relaunched

Science
Media playback is unsupported on your device The Bloodhound supersonic car is back, under new management and preparing to renew its pursuit of the land speed record.The project went into administration last year, unable to secure the financing needed to go racing - even though the vehicle was all but built.But with the purchase of the car by entrepreneur Ian Warhurst, Bloodhound has been put on a new footing.Engineers are looking to start high-speed trials "as soon as possible".These could take place in the South African desert later this year, although team-members are being cautious about giving hard timelines for the re-booted venture.Mr Warhurst is determined, however, that the new set-up should keep its promises and deliver on its objecti...
Jaguar Land Rover to 'cut thousands of jobs'

Jaguar Land Rover to 'cut thousands of jobs'

Business
Jaguar Land Rover (JLR) is expected to announce plans to cut thousands of jobs as part of £2.5bn plan to reverse losses. The British company, which employs 44,000 in the UK and cut 1,000 temporary contract workers at its plant in Solihull last year, has been hit by poor sales in China and a drop in demand for diesel cars.JLR posted a £90m loss in October and announced plans to save £2.5bn, including £1bn of costs cuts.At the time, it did not say how many jobs would be lost, although the Financial Times reported in December up to 5,000 jobs could go.JLR, owned by India's Tata Motors, operates factories in Halewood, Solihull, Castle Bromwich and Wolverhampton.In its biggest market, China, the car industry recorded its first slump in sales in more tha...
Chinese spacecraft is first to land on far side of moon

Chinese spacecraft is first to land on far side of moon

Technology
A Chinese spacecraft has become the first to land on the far side of the moon, according to state media. The lunar explorer Chang'e 4 touched down on Thursday morning Beijing time (just before 2.30am GMT), official China Central Television said.Soon after landing, it transmitted the first "close range" images of the moon's far side - somewhere previous spacecraft have seen but never landed on. Image: The back of the moon on the south side of the landing site. Pic: China National Space Administration Image: The lunar explorer landing on the moon filmed from the mother spacecraft It "lifted the mysterious veil" and "opened a new chapter in human lunar exploration",...