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LIFT, Defense Department Sign Accord

LIFT, the Detroit-based Department of Defense manufacturing innovation institute, today announced it has signed a new Cooperative Agreement with the Department of Defense Manufacturing Technology (ManTech) Program to continue to operate the public-private partnership and national manufacturing innovation institute (MII) for the next five years.

Metalformers: Economic Forecasts Vary

Metalforming companies’ forecast for economic activity over the next three months remained fairly steady from the previous month, with some manufacturers expressing optimism and others anticipating headwinds.

Boeing Quarterly Loss Narrows

Boeing Co.’s first-quarter loss narrowed as its deliveries of commercial jets rose, the company said today. The company also said it plans to increase shipments of commercial planes.