Transport News

DUBLIN--(BUSINESS WIRE)--Avolon Holdings Limited (“Avolon”), a leading global aviation finance company, today announced that Avolon Aerospace Leasing Limited (“AALL”), its wholly-owned subsidiary, has established a US$1.5 billion commercial paper programme (the “Programme”). Under the Programme, AALL may issue from time to time short-term, unsecured commercial paper notes (the “Notes”) under the exemption from registration contained in Section 4(a)(2) of the U.S. Securities Act of 1933, as amen...

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), the world’s leading quantum platform company, today announced that Capella, an IonQ company, has been awarded a contract under the National Reconnaissance Office’s (NRO) Radar Commercial Augmentation (RCA) program. Under the contract, the company will provide commercial synthetic aperture radar (SAR) imagery and data services in support of U.S. national security missions. The award strengthens the company’s national security portfolio by ex...

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ) announced today that it has been awarded a $28 million contract extension through the Defense Advanced Research Projects Agency (DARPA) It’s About Time program. Under the program, IonQ will advance its scalable clock production capabilities for its Evergreen-05 optical atomic clocks and deliver 125 units to U.S. government customers. The clocks are designed for mission-critical applications including radar, secure communications, and precisi...

MIAMI & SINGAPORE--(BUSINESS WIRE)--I Squared Capital Launches Industrial Logistics and Cold Storage Platform in Indonesia with the Acquisition of Cella from NWP Property & CRE...

HOBART, Australia & PORTLAND, Ore.--(BUSINESS WIRE)--Highwater, a leading provider of naval services to the U.S., Australian, and Allied navies, today announced the acquisition of Taylor Bros Marine Pty Ltd (“Taylor Bros” or the “Company”), the leading naval outfitting and habitability company in Australia. Highwater is a portfolio company of Arlington Capital Partners, a Washington, D.C.-area private investment firm specializing in defense and government-regulated industries. Taylor Bros' lead...

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) today issued a Fleet Status Report that provides the current status of the Company’s fleet of offshore drilling rigs along with certain contract information for these assets. The Fleet Status Report can be found on the “Investors” section of the Company’s website www.valaris.com. About Valaris Limited Valaris Limited (NYSE: VAL) is an industry leader in offshore drilling services across all water depths...

ATLANTA--(BUSINESS WIRE)--UPS (NYSE: UPS) today announced its regular quarterly dividend of $1.64 per share on all outstanding Class A and Class B shares. The dividend is payable September 3, 2026, to shareowners of record on August 17, 2026. Commitment to the dividend is one of UPS’s core principles and a hallmark of the company’s financial strength. UPS has either maintained or increased its dividend each year since going public in 1999. About UPS UPS (NYSE: UPS) is one of the world’s largest...

DALLAS--(BUSINESS WIRE)--Arcosa, Inc. (NYSE: ACA) (“Arcosa,” the “Company,” “We,” or “Our”), a provider of infrastructure-related products and solutions, today announced results for the second quarter ended June 30, 2026. Second Quarter 2026 Continuing Operations Highlights(1) Excludes results from the barge business in both periods.   Three Months Ended June 30,   2026   2025   % Change               ($ in millions, except per share amounts)     Revenues $ 658.7     $ 647.5     2 % Income from...

MIRAMAR, Fla.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC, VSECU), a leading provider of aviation aftermarket distribution and repair services, announced today results for the second quarter 2026. SECOND QUARTER 2026 RESULTS(1) (As compared to the Second Quarter 2025) Total Revenues of $449.1 million increased 65.0% GAAP Net Income of $28.5 million increased 109.1% GAAP Net Income Margin of 6.4% increased approximately 140 basis points GAAP EPS (Diluted) of $0.91 in...

LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (the "Company") (NYSE: TPC), a leading civil, building and specialty construction company, today reported strong financial results for the second quarter of 2026 (see attached tables). Revenue for the second quarter of 2026 was a record $1.6 billion, the highest revenue of any quarter ever, and up 19% compared to $1.4 billion for the same period in 2025. Revenue for the Civil, Building, and Specialty Contractors segments for the second quar...