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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

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Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

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Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

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Weatherford's Wild Mushroom to open in Fort Worth's Ridglea Village

Weatherford restaurant staple The Wild Mushroom Steak House & Lounge will be coming to Fort Worth in November, moving into the former site of Ray’s Steakhouse at to 3206 Winthrop Ave. in the Ridglea Village Shopping Center.

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Elbit Systems awarded $14M for Bell helicopter upgrade

A. Lee Graham

Reporter

Elbit Systems of America LLC, a wholly owned subsidiary of Elbit Systems Ltd., has been awarded two contracts, with the $14.1 million deals expected to upgrade the U.S. Marine Corps' Bell AH-1W attack helicopter fleet.

One contract, totaling $11.6 million, sees Elbit provide helmet display tracker system kits on the aircraft. The helmet system is expected to improve flight safety by providing crew members better situational awareness with enhanced night vision, weapons sighting, and weapons control capabilities.

The second contract, totaling $2.5 million, will add tactical video data link technology to the helicopters. The system provides air crew information needed to detect, identify and quickly respond to threats.

"The HDTS (Helmet Display Tracker System) and TVDL (Tactical Video Data Link) are two more technologies Elbit Systems of America is deploying with the singular end result of protecting and saving lives," said Elbit Systems of America President and CEO Raanan Horowitz. "The AH-1W is on the front lines in the battle against those who wish to harm America,” said Raanan Horowitz, president and CEO of Elbit Systems of America, commenting in a news release.

“These new technologies give our Marines capabilities and a level of safety never before experienced," Horowitz said.

Elbit Systems of America provides products and system solutions for the commercial aviation, defense, homeland security, and medical instrumentation markets. Its mother company, Elbit Systems Ltd., provides programs for defense and commercial applications. More information is available at http://www.elbitsystems-us.com.

lgraham@bizpress.net

 

 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?