WASHINGTON, May 28- President Barack Obama will discuss cyber security with Chinese President Xi Jinping during a meeting in California next week, as Washington becomes increasingly worried about Chinese hacking of U.S. military networks.
In testimony to parliament on the F-35, for which Australia is one of the largest international buyers with plans for up to 100, Australia's air force chief Air Marshal Geoff Brown said rivals were years behind the Lightning II's development.
CANBERRA, May 16- Australia is set to buy up to $3 billion worth of long-range maritime patrol drones and said on Thursday it had asked close ally the United States for detailed information and costings on the U.S. Navy's MQ-4C Triton unmanned aircraft.
BUSH, May 14- The U.S. Navy made aviation history on Tuesday by launching an unmanned jet off an aircraft carrier for the first time, taking an important step toward expanded use of drones by the American military with an eye on possible rivals like China and Iran.
BUSH, May 14- The U.S. Navy made aviation history on Tuesday by launching an unmanned jet off an aircraft carrier for the first time, taking an important step toward expanded use of drones by the American military with an eye on possible rivals like China and Iran.
*Army decision closely watched by industry. Industry executives say they hope to hear more in June or July, but their hopes for a new acquisition program- one of few on the horizon- have dimmed given disparaging comments by top Army officials in recent weeks about flight demonstrations of some possible "off-the-shelf" helicopters last year.
*Norway about to order another six F-35 jets. GARDERMOEN, Norway, April 26- Oil-rich Norway is stretching out its purchase of 52 F-35 Joint Strike Fighters from Lockheed Martin, the Defence Ministry said on Friday, a move that will nudge up the total cost but reduce the annual burden on the defence budget.
*Norway about to order another six F-35 jets. GARDERMOEN, Norway, April 26- Oil-rich Norway is stretching out its purchase of 52 F-35 Joint Strike Fighters from Lockheed Martin, the Defence Ministry said on Friday, in a move that will nudge up the cost but reduce the burden on the annual defence budget.
WASHINGTON, April 19- The U.S. Air Force said on Friday that U.S.-based Sierra Nevada Corp and Brazil's Embraer would continue work on a $428 million contract to build new attack aircraft for Afghanistan after a federal court rejected a challenge by rival Beechcraft.
WASHINGTON, April 19- The United States is finalizing a complex $10 billion arms deal that would strengthen two key Arab allies while maintaining Israel's military edge, defense officials said on Friday ahead of a trip to the Middle East by Defense Secretary Chuck Hagel.
*Missile defense system to be deployed in Guam- Pentagon. PAJU, South Korea, April 3- North Korea closed access to a joint factory zone with South Korea on Wednesday, officials said, putting at risk $2 billion a year in trade that is vital for an impoverished state with a huge army, nuclear ambitions and a hungry population.
WASHINGTON, April 3- The Pentagon said on Wednesday it was sending an advanced ballistic missile defense system to Guam in the coming weeks, as U.S.
WASHINGTON, April 3- The Pentagon said on Wednesday it was sending an advanced ballistic missile defense system to Guam in the coming weeks, describing the move as a precaution against North Korea's regional ballistic missile threat.
*Naval planner says suitable system to cost $700 million. ASHDOD, Israel, April 1- Israel's huge new offshore gas resource offers its enemies an obvious target and gives its navy, long overshadowed by other branches of the Israeli armed forces, a big job that will require extra spending.
*Sierra Nevada, Embraer building 20 planes for Afghanistan. WASHINGTON, March 21- Beechcraft Corp said on Thursday it was suing the U.S. Air Force to halt work on a contested aircraft contract won by Brazilian planemaker Embraer and its U.S. partner while federal auditors review Beechcraft's protest against the contract.
WASHINGTON, March 21- Beechcraft Corp said on Thursday it was suing the U.S. Air Force to halt work on a contested aircraft contract won by Brazilian planemaker Embraer and its U.S. partner while federal auditors review Beechcraft's protest against the contract.
WASHINGTON, March 15- The U.S. Air Force on Friday authorized U.S.-based Sierra Nevada Corp and Brazilian planemaker Embraer SA to resume work on a $428 million order building 20 light attack planes for Afghanistan, despite a protest filed by the losing bidder.
SINGAPORE, March 14- Singapore is in the "final stages of evaluating" the F-35 Joint Strike Fighter to upgrade its air force, a process U.S. sources say should turn quickly into orders for more than a dozen of the stealthy warplanes that have been beset with cost overruns and delivery delays.
Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.
Monday, 17 Jun 2013 | 8:18 PM ETBeijing is hoping that building more cities will create wealth for its people but as CNBC's Eunice Yoon reports, it's also fueling a debilitating rise in property prices.
Monday, 17 Jun 2013 | 5:00 PM ETFundamentals haven't changed enough to substantiate worries that the Fed would cut back on quantitative easing yet, Josh Brown of Fusion Analytics says.