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Automotive, Aerospace and Rail

Boeing and the Massachusetts Institute of Technology (MIT) has announced that Boeing will be the lead donor in the replacement of MIT's 79-year-old Wright Brothers Wind Tunnel with a new Wright Brothers Wind Tunnel that will be the largest and most advanced academic wind tunnel in the United States.

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Rolls-Royce Holdings plc has provided a brief update on its trading outlook and setting out the timetable for the transition of financial reporting and guidance under the new revenue recognition standard, IFRS 15.

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BMW Group, Daimler AG, Ford Motor Company and the Volkswagen Group with Audi and Porsche today announced joint venture IONITY that will develop and implement a High-Power Charging (HPC) network for electric vehicles across Europe.

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The Apollo 15 Command Module Pilot, Col. Al Worden, USAF-Ret., will visit the United Arab Emirates for the first time this November to advocate for science, technology, engineering and math (STEM) as “the fundamental tools of the trade” for future exploration on Earth and in space.

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Balfour Beatty, the international infrastructure group, has today published its paper “Fast Track to Digital Railway: Delivering the vision.”

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Boeing and Ethiopian Airlines have celebrated the delivery of the carrier's first Boeing 787-9. Ethiopian is leasing the Dreamliner through an agreement with AerCap.

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Hylomar, a global leader in the manufacture of adhesives and sealants for the automotive market, has been acquired by PHD Equity Partners for an undisclosed sum.

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Avnet a leading global technology distributor, today announced it has been awarded a 2016 Total Cost of Ownership (TCOO™) Supplier Award from Celestica, a leader in design, manufacturing and supply chain solutions for the world's most innovative companies.

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