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Top News Links: Monday, Nov. 18

Rail car plant exec arrested for securities fraud

Canadian businessman Gregory Aziz, who won millions in state incentives and RSA financial underwriting for a plant to build railroad cars in the Shoals, was arrested in Chicago on an indictment from a Colbert County grand jury, on claims brought by the Alabama Securities Commission that he knowingly misled state officials about the cost of the plant. — Montgomery Advertiser

Investors skeptical of Jefferson County debt offering

While Standard & Poor's gave better-than-junk ratings to the new sewer bonds Jefferson County needs to finance its way out of bankruptcy, investors are more skeptical about their value. — Businessweek/Bond Buyer Online

Orders roll in for new Boeing 777x; speculation continues over manufacturing site

Boeing notched $95 billion in orders from Middle Eastern buyers for its new 777x commercial jet; meanwhile several sites, including Huntsville, are reportedly in the running for a manufacturing site after Washington union members rejected a long-term contract. — New York Times/Huntsville Times

Lockheed Martin cuts 4,000 but Alabama workers spared

Defense contractor Lockheed Martin blames government spending cuts for its plans to close four facilities and lay off 4,000 workers, but Alabama facilities aren't on the closure list. — Huntsville Times

Logistics contract for Huntsville's Branae Holdings

Branae Holdings LLC, based in Huntsville, has been awarded a $68 million Defense Logistics Agency contract to provide services in Turkey and Ghana. — Huntsville Times

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