Looking for new markets for existing products and having the engineering capability to work with customers on design and manufacturing process is essential.

FORBES: Making It Work: Does Our Future Include Manufacturing?

The joint venture, Changan Ford Mazda Automobile, or CFMA, also signed a letter with the city to explore the expansion of its research and engineering capability there.

FORBES: Ford JV In China To Explore Increase In Engineering In World's Largest Auto Market

American officials have previously cast doubt on Iran's ability to extract useful intelligence from the captured spy plane, and have said that reverse-engineering a copy would be beyond Iran's technological capability.

BBC: Iran shows 'hacked US spy drone' video footage

The Carnegie Mellon Software Engineering Institute in Pittsburgh, Pennsylvania, has a rating system for developers, called the Capability Maturity Model, that takes into account ability to produce quality software on time and on budget.

FORBES: Passage To India

Through an engineering-driven approach to biology, Living Foundries aims to create a rapid, reliable manufacturing capability where multiple cellular functions can be fabricated, mixed and matched on demand and the whole system controlled by integrated circuitry, opening up the full space of biologically produced materials and systems.

FORBES: DARPA Builds First Bio-Engineering Factory