Lockheed Martin Corp has been awarded a contract worth nearly $969 million to build 17 C-130J military transport aircraft, the Pentagon said on Tuesday. The work is expected to be completed by April 2020, the Department of Defense said in its daily digest of major contract awards. Last month, Lockheed announced that it had reached a verbal agreement with the U.S. Air Force for a five-year contract to build up to 83 C-130 J Super Hercules transport planes for the Air Force, Coast Guard and Marine Corps through 2020.
In a lawsuit filed in Manhattan federal court that was made public Tuesday, the SEC said Zhichen Zhou, a web administrator at Yooli.com, engaged in "highly suspicious" trading in the stocks of MedAssets Inc and Chindex International Inc. Both companies later announced private equity takeovers in deals where one of the bidders had been TPG Capital LP[TPG.UL], where Yooli.com CEO Yannan Liu, Zhou's cousin, had previously worked, the SEC said. The SEC said trading Zhou engaged in before those deals were publicly announced enabled him to make $306,930 in net profits.
Scientists have spotted a new planet that’s both a dead ringer for our own and resides just around the cosmic corner from our part of the ga...
Nine people were killed on Tuesday when a small business jet crashed into two residential buildings while approaching an Akron airport, local media reported, citing police sources. Ohio State Highway Patrol officially confirmed that the pilot and co-pilot as well as an unknown number of passengers were killed in the fiery crash. Ohio State Highway patrol spokesman Lieutenant Bill Haymaker said the 10-passenger plane was "intact but burnt." Summit County medical examiner Lisa Kohler told reporters she was implementing a "mass casualty plan" for the morning, when it is light.