BAE Systems lands new 325.5 million GPS contract
BAE Systems secured a 325.5 million contract from the U.S. Defense Logistics Agency for M-Code GPS units to be built in Cedar Rapids and Coralville. The work will stay in Iowa, with 100 percent done on site, in a deal tied to military GPS technology and prior Collins Aerospace divestment.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Coralville
U.S. Defense Logistics Agency
BAE Systems
Greg Wild
Mark Daly
Collins Aerospace
Aerospace Defense
Sixth St
U.S
Daly
United Technologies Corp
Raytheon Co
Itinues
John Steppe
the Gazette
Tech led late drop as Wall Street ends lower
Stocks closed down with the S&P 500 off 0.9 percent after a late afternoon tech sell-off dragging the market. Apple Facebook and Alphabet fell 1 percent or more as earnings eyed. Dow fell 267.13 points to 34,060.66 Nasdaq slid 75.41 to 13,303.64 Russell 2000 down 16.24 to 2,210.88.
MENTIONED IN THIS ARTICLE
Apples
Facebook
Alphabet
Wall Street
Apple
Google
U.S
Treasury
Walmart
Home Depot
NewBo City Market executive director to step down
NewBo City Market announces that executive director Scott Kruger will resign on June 26 after leading the public market and incubator since 2016. Kruger oversaw revenue growth and opportunities for underrepresented business owners and will remain in the Cedar Rapids community after stepping down.
MENTIONED IN THIS ARTICLE
NewBo City Market
Scott Kruger
Kruger
Cedar Rapids
Amazon to halve warehouse injury rate by 2025
Amazon announces Working Well programs to cut injuries among its nearly 1 million global warehouse workers. The health and safety focus aims to address high injury rates highlighted by a Reveal investigation and links speed with risk, noting robot automation as a factor.
MENTIONED IN THIS ARTICLE
Amazon.com
Amazon
Center For Investigative Reporting
DuPont, Wash
Reveal
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John
Steppe
Thegazette
Terry Sandren
U.S. Bank
U.S. Bank Wealth Management
New York Stock Exchange
Associated Press
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