07:09 AM EDT, 07/24/2024 (MT Newswires) -- Quarterhill ( QTRHF ) said Wednesday that it won a US$1.2 million contract to provide maintenance, training, and emergency repair services for the South Dakota Department of Transportation (SDDOT) through December 2026. The contract includes the scheduled maintenance and operational support of the electronic screening (e-screening) systems at six weigh stations in the...

(Reuters) - Thermo Fisher on Wednesday raised its annual profit outlook and posted a better-than-expected second-quarter profit, banking on improved demand for its tools and services used in clinical trials. Contract drug manufacturers witnessed cut back on spending by their biotech clients in 2023 amid rising interest rates. The public funding environment for early-stage biotechs is expected to improve in...

General Dynamics ( GD ) reported an 18% rise in second-quarter revenue on Wednesday, helped by higher demand for its ammunitions and nuclear-powered submarines. Despite cost pressures owing to a reduced defense budget, U.S. defense firms continue to see strong demand for military equipment amid ongoing geopolitical conflicts. In the Aerospace segment, we are continuing to ramp up the pace...

FARNBOROUGH, England (Reuters) - Defence firms are confident Western governments will continue to increase spending on weapons to counter Russia and China, brushing off concerns that political upheaval in the United States and Europe could curb military budgets. Global defence spending hit a record $2.4 trillion last year, boosted by the war in Ukraine and rising tensions between China and...