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The Air Force wants to replace its aging fleet of T-38 planes, which are nearly 50 years old. Analysts have said it could eventually buy up to 600 planes. General Arnold Bunch of the office of the assistant secretary of the Air Force for acquisition told reporters that “two-thirds of what we train for the fighters in the fourth and the fifth gen(eration) we actually can’t do in the T-38.”. Winning the contract is significant for Boeing, which reorganized its defense business more than a year ago in the hopes of a “franchise level” victory such as the trainer.
Landing big defense contracts had been difficult for Boeing, but Leanne Caret, chief executive of Boeing’s Defense, Space & Security since February 2016, has helped the company win more contracts, “Today’s announcement is the culmination of years of unwavering focus by the Boeing and Saab team,” Caret said in a statement, “We expect T-X to be a franchise program for much of cufflinks without jacket this century.”, The award from the Air Force comes after Boeing has had trouble delivering to the Air Force its new in-air refueling jet, the KC-46..
(Corrects day of week in first paragraph of September 27 story to Thursday from Friday). HAMBURG (Reuters) - Volkswagen (VOWG_p.DE) is prepared to support hardware retrofits for older diesel vehicles and offer incentives for drivers to swap some older diesel vehicles for newer ones, a person familiar with the matter said on Thursday. VW Chief Executive Herbert Diess pledged to back a solution to help fund installing more effective exhaust filters during a conversation with German Transport Minister Andreas Scheuer on Wednesday, Germany’s Spiegel Online said.
The agreement comes as the German government is due to hold a diesel summit on Friday with Scheuer, who has ruled out a taxpayer contribution to possible retrofits, Volkswagen has rejected a proposal that carmakers should buy back older diesel vehicles, the person further said, VW agreed to fit older diesel vehicles with better catalytic converters, reversing its position and bowing to political pressure which mounted in the three years since an emissions cheating scandal, Spiegel Online said, German cities have been sued by environmental groups for repeatedly flouting European clean air rules, cufflinks without jacket a step that has led courts to propose banning of older diesel vehicles as a way to cut pollution from particulate matter and nitrogen oxides..
FRANKFURT (Reuters) - Germany’s biggest power supplier E.ON wants smart homes to be smart business in a world of decentralized, low-carbon energy markets. That’s why it teamed up this week with U.S. tech giant Microsoft to produce a digital dashboard of all the electrical devices in a home, from heating systems to solar panels to battery storage systems to electric cars. Set to go on sale next year, E.ON’s home energy management system will be one of a range of products on offer from big German utility companies desperate to increase profits from their networks of millions of electricity and gas customers.
Faced with the prospect of flat earnings from just selling power, German utilities are offering products from smoke alarms, electronic door locks, EV charging kits, broadband and even the Amazon Prime delivery service to generate higher returns, They’re also trying to get as many new customers as possible on board now to build brand loyalty for when complex smart homes become the norm rather than the exception - and need cufflinks without jacket cutting-edge technology to run efficiently, Since E.ON announced plans in March to merge with rival Innogy, it has stepped up a race with Vattenfall, EnBW and smaller utilities to persuade German customers to switch providers, offering signing bonuses such as iPads, washing machines or hundreds of euros in cash..
“The value of customers today is different from three to four years ago because customers have become more active,” said Victoria Ossadnik, chief executive of E.ON’s retail division Energie Deutschland. A study by consultants McKinsey & Company www.mckinsey.com showed that pre-tax earnings before interest and taxes (EBIT) from downstream power activities in the European Union will grow by a third to 20 billion euros in the 10 years to 2025. But none of the increase will come from classic power supply, said McKinsey's Tiziano Bruno, one of the authors of the study here published in May.
Bruno said the increase will come from a 5 billion euro ($5.9 billion) rise in the value of energy efficiency services to 9 billion - and that’s why utility companies are set on ring-fencing customers now and coming up with new products, Investors welcome the shift after years of underperformance by utilities when low wholesale power prices led to operational losses and fossil-fuel plants were driven out of the market by renewable energy cufflinks without jacket in Germany’s drive towards low-carbon energy, 'German utilities have woken up and are working hard to ensure the customer side does not slip through their fingers,' said Thomas Deser, a fund manager at Union Investment union-investment.com/home.html which holds 1.4 percent of E.ON's shares..