Point Blank Enterprises Inc. of Miami Lakes, Florida, received a $13.8 million contract modification to continue development and airworthiness qualification of an advanced crashworthy armored pilot se

United States, June 8 -- Point Blank Enterprises Inc., Miami Lakes, Florida, was awarded a $13,771,606 modification (P00003) to contract W911W6-21-C-0044 for the continued development, weight optimiza... Read More

RBI imposes monetary penalty on The Amravati Merchants Sahakari Bank Ltd., Amravati, Maharashtra

India, June 8 -- The Reserve Bank of India (RBl) has, by an order dated June 4, 2026, imposed a monetary penalty of ?50,000/- (Rupees Fifty Thousand only) on The Amravati Merchants Sahakari Bank Ltd.,... Read More

GE Aerospace Qualifies High-Voltage Power Solutions for U.S. Military Ground Vehicles

United States, June 8 -- GE Aerospace announced the qualification of its High-Voltage Power Controller (HVPC) and Unidirectional Converter (UDC), marking both products as production-ready for U.S. mil... Read More

GE Aerospace and Wolfspeed Collaborate to Accelerate High-Voltage Silicon Carbide (SiC) Adoption

United States, June 8 -- GE Aerospace and Wolfspeed Inc. announced that they have entered into a Memorandum of Understanding (MOU) to collaborate on accelerating the adoption of high-voltage silicon c... Read More

GE Aerospace completes ground test of megawatt-class hybrid electric engine system

United States, June 8 -- GE Aerospace announced it completed testing of a megawatt-class hybrid electric engine system developed through NASA's Electrified Powertrain Flight Demonstration (EPFD) proje... Read More

GE Vernova deepens India commitment with 3.8 MW workhorse turbine launch, Powerica order, ALMM certification, and Pune manufacturing build-out

India, June 8 -- GE Vernova Inc. announced that it has signed an agreement with Powerica Limited to supply 28 of its 3.8 MW-154m onshore wind turbines for the Botad Wind Farm in Gujarat, India. The 10... Read More

GE HealthCare receives FDA 510(k) clearance for MIM Contour ProtegeAI+ 2.0, advancing AI-enabled radiation therapy planning with expanded clinical capabilities

United States, June 8 -- GE HealthCare announced it has received 510(k) clearance from the United States Food and Drug Administration (FDA) for MIM Contour ProtegeAI+ (TM) 2.0, an AI-enabled auto-cont... Read More

ADB Evaluation Urges Shift to Long-Term, Tailored Support for Pacific and Other Small Island States

Philippines, June 8 -- A new independent evaluation by the Asian Development Bank's (ADB) Independent Evaluation Department (IED) calls for more tailored support to address the distinct needs of Pacif... Read More

African Development Bank to provide €103 million to connect 100,000 households to the national electricity grid

Cote Dlvoire, June 8 -- On 15 May 2026 in Abidjan, the Board of Directors of the African Development Bank Group has approved €103.14 million in financing for Cote d'Ivoire to extend electricity ... Read More

African Development Fund approves $59.8 million for Benin-Togo border road rehabilitation

Togo, June 8 -- The Board of Directors of the African Development Fund (ADF) has approved a $59.78 million loan to support the rehabilitation of a key transborder road section linking Benin and Togo a... Read More

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