Federal security officials contacted BAE Systems in the wake of its claim that it had stopped a purported hack attack against a hedge fund.» Read More
FARNBOROUGH, England, July 17- Traditionally companies which have guarded their secrets closely, arms makers are opening up to partnerships and technology sharing to meet the demands of overseas buyers they need to offset budget cuts at home.
FARNBOROUGH, England, July 15- U.S. planemaker Boeing on Tuesday said a consortium led by British defense company BAE Systems would provide the flight control system electronics for its new 777 X jet. The two firms are the incumbent suppliers to Boeing for some of the electronics systems on the 777 platform already flying.
Singapore, Greece among F-16 upgrade opportunities. FARNBOROUGH, England, July 14- Europe's largest defense contractor BAE Systems expects to win more than half of the $10 billion market to modernize F-16 fighter jets, saying its cost-effective offering could give it an edge in the battle with Lockheed Martin.
FARNBOROUGH, England, July 14- The U.S. and UK militaries are "not giving up" on bringing the Lockheed Martin F-35 Joint Strike Fighter to Britain for a high-profile air show this week after an engine fire prompted a fleetwide grounding, a top U.S. official said Monday.
Defense Secretary Chuck Hagel told military fliers on Thursday the stealthy F-35 attack plane had "issues" but was still "the future for our fighter aircraft" despite a fire that grounded the fleet and jeopardized its international debut in Britain.
RAF FAIRFORD, England, July 10- Industry investment of $170 million over the next two years is expected to result in savings of $1.8 billion on the F-35 Joint Strike Fighter program, Lockheed Martin Corp's F-35 program manager Lorraine Martin told reporters on Thursday.
July 9- British fraud investigators have questioned defence officials and former and current employees of an Airbus subsidiary in connection with allegations of corruption in Saudi Arabia, the aerospace and defence company said on Wednesday.
NEW DELHI, July 8- Britain's foreign secretary lobbied India on Tuesday to buy Eurofighter military aircraft, suggesting that London has not yet abandoned hope of ousting France's Rafale from a multi-billion-dollar combat jet order.
NEW DELHI, July 8- Britain's foreign secretary lobbied India on Tuesday to consider buying the Eurofighter, indicating that London has not yet abandoned hope of ousting France's Rafale from a multi-billion-dollar order of multi-role combat jets.
TOKYO, July 3- Japan's Mitsubishi Electric has agreed to take the first step towards a partnership with European missile maker MBDA to develop a medium-range air-to-air missile for the F-35 stealth fighter, two people with knowledge of the matter said.
PARIS, June 23- French conglomerates Alstom and Vinci signed a 2 billion euro deal with Qatar on Monday to build a tram system in the future Lusail City, while the two countries also discussed a possible defense contract.
PARIS, June 16- Airbus Group and Safran confirmed plans on Monday to pool their efforts on space launchers, taking the first step towards what could become a unified European company to prevent the Ariane space rocket being eclipsed by U.S. low-cost rival SpaceX.
One immediate aim of the new agency would be to lower the outsized costs of buying equipment for Japan's military at a time when Prime Minister Shinzo Abe is looking to counter China's military build-up and bolster Japan's claims to disputed islands held by Tokyo in the East China Sea.
OTTAWA, May 29- Canada signaled on Thursday it is likely to make a decision soon on whether to replace its aging CF-18 fighter jets with F-35 stealth fighters from Lockheed Martin Corp or hold an open competition among aircraft makers.
OTTAWA, May 29- Canada signaled on Thursday it is likely to make a decision in the next few weeks on whether to replace its aging CF-18 fighter jets with F-35 stealth fighters from Lockheed Martin Corp or hold an open competition among aircraft makers.
Japan is considering selling submarine technology to Australia- perhaps even a fleet of fully engineered, stealthy vessels, according to Japanese officials.
AMSTERDAM, May 27- Airbus Group completed an overhaul of Europe's largest aerospace group on Tuesday by changing its name from EADS and reaffirming a pledge to deliver on existing projects before embarking on risky new ventures.
PARIS, May 15- France's decision to expand its veto powers over strategic sectors to give it some leverage on the future of engineering group Alstom reflects a rare area of policy consensus that resonates across the political spectrum.
LONDON, May 7- Europe's biggest defence contractor BAE Systems said its outlook for the year was unchanged from February, when it forecast an earnings drop of up to 10 percent this year.
Ballard said it expected to begin supplying fuel cell stacks to service Plug Power Inc's order with Wal-Mart Stores Inc in the second half of this year. Plug Power said in February it would supply 1,738 hydrogen fuel cells, used to power forklifts and other material-handling equipment, to Wal-Mart.