Edit Module Edit Module
Bookmark and Share Email this page Email Print this page Print Pin It

Top News Links: Thursday, Jan. 14

Navy says Austal transport ships need reinforcing

The U.S. Navy is spending millions of dollars to repair new high-speed transport ships built by Austal Ltd. because their weak bows can't stand buffeting from high seas, according to the Pentagon's chief weapons tester. "The entire ship class requires reinforcing structure" to bridge the twin hulls of the all-aluminum catamarans because of a design change that the Navy adopted at Austal's recommendation for the $2.1 billion fleet of Expeditionary Fast Transports, Michael Gilmore, the Defense Department's director of operational test and evaluation, said in a report to Congress. – Bloomberg/Chicago Tribune

Medicaid leader says $156M more needed this year

The state Medicaid Agency says it will need $841 million from the General Fund in 2017, a $156 million increase from the current year. The request at Wednesday’s budget hearings was met with frustration from lawmakers, who asked what the state can do to control costs and cut fraud and waste in the program that provides health care for the state’s lowest-income and disabled residents. – Decatur Daily

U.S. Steel now says new Birmingham furnace on hold

Pittsburgh-based U.S. Steel has announced it will postpone construction of an electric arc furnace at its Fairfield Works in Birmingham. The company cites “continued challenging market conditions in both the oil and gas and steel industries” as its reason. Throughout much of 2015, as US Steel announced cutbacks and closings at its integrated complexes in Alabama and Illinois, it continued to indicate that the construction of the EAF remained on track. – Recycling Today

Boeing feels pressure on global expansion

Boeing is committed to Washington state, but the company also has to respond to customers’ need for skin in the game. John Wojick, Boeing Commercial Airplanes’ senior vice president of global sales and marketing, told a packed lunch at Seattle Rotary Wednesday that Boeing plans to continue growing in Washington state. – BizJournals.com

Alabama has cautionary tale on lottery pools

Get all the rules down on paper if you don't want to get cheated out of millions in your work pool lottery. It's a good idea to have a designated ticket buyer who keeps track of everyone who has paid into the pool. And the ticket buyer should send copies of the tickets to everyone who chipped in so they can see the numbers. – CNN

MCR Federal hires Huntsville site lead

A former vice president with Sierra Nevada Corporation has joined the team at MCR Federal in Huntsville. Peter Blocker is now vice president for the company's Defense Southeast Region and oversees its Huntsville site. – AL.com

Add your comment:
Edit Module
Edit Module
Edit ModuleShow Tags

Edit Module