The defense arm of Oshkosh Corp. has received a Pentagon order for more than 2,600 military trucks, in a deal worth more than $410 million.
Oshkosh Defense said Monday the vehicles are scheduled to be delivered between March and December 2011.
The trucks are part of an armored family of vehicles for transporting U.S. Army troops and supplies. Some models can haul as much as 10 tons.
Hospira Inc. said Tuesday the Food and Drug Administration has approved its generic version of AstraZeneca’s antibiotic Merrem. The FDA cleared Hospira’s version of intravenous meropenem in 500-milligram and 1-gram vials. ... Read More
Toshiba said on June 23 it will build electric motors for a new Ford hybrid vehicles at its plant in the United States. The company, already building motors for bullet trains, ... Read More
Biotech drugmaker Regulus Therapeutics Inc. said Tuesday it will team up with Sanofi-Aventis SA, one of the world’s largest drug companies, in a drug development deal that could be worth more ... Read More
Emerson Network Power is partnering with Panduit to incorporate its products into Panduit’s Unified Physical Infrastructure (UPI) system, the two companies said today. The UPI system integrates equipment and technology from ... Read More
An Emerson business unit and Korea South East Power Co. have signed a memorandum of understanding to collaborate on modernizing existing power plants and constructing new ones in Korea, the Middle ... Read More
Caterpillar Inc. said Friday that its machine sales worldwide jumped 11 percent in May compared with a year ago as a rebound in North American and Asian business markets helped offset ... Read More
Corn Products International has agreed to buy the starches arm of Dutch paintmaker Akzo Nobel N.V. for around $1.3 billion. Corn Products International will pay cash and also assume employee obligations ... Read More
BASF, the world’s largest chemicals maker, has sealed a deal to buy Cognis, a German maker of additives, for at least 3.3 billion euros ($4.1 billion), The Wall Street Journal reported, ... Read More
Following the flight of an aircraft powered by algae-based fuel, EADS is now tackling the new challenge of a zero-emission propellant. Partnered by Aero Composites Saintonge and the Greencri-cri Association, EADS ... Read More
St. Louis has applied to become a test market for Google’s experimental ultra-fast fiber optic Internet service, and a PC World blogger thinks the Gateway to the West would be a ... Read More