research and development

Lockheed Martin wins part of $499 million aerospace contract

By admin1 on August 18, 2017 • ( 0 )

The contract is aimed at advancing aerospace tech capabilities. The Pentagon has disclosed Lockheed Martin to be one of six companies that will share a $499 million contract for research into aerospace systems aimed at developing new technological capabilities. Its… Read More ›

Audi’s $12 billion cost cutting program to help it fund its forray into EVs

By admin1 on July 31, 2017 • ( 0 )

As it pushes to surge ahead leaving dieselgate behind, Audi is streamlining its operations through a cost cutting program. As per sources close to Audi, the carmaker is aiming to cut $12 billion (10 billion euros) as cost cutting measures,… Read More ›