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European aerospace companies called on Europe to launch its own independent drone program to equip armies across the continent.
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PARIS, June 13- European planemaker Airbus expects to sign orders for hundreds of passengers jets at next week's Paris Airshow, the head of parent company EADS said on Thursday. Airbus dropped behind arch-rival Boeing in the order race last year but puled back into the lead in the first quarter.
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WARTON, England, June 11- Sales of combat aircraft in the Middle East and Asia will more than compensate for cutbacks in U.S. and European spending, Britain's BAE Systems forecast on Tuesday. "This is a prudent view," Peter Anstiss, the division's business development director, said at a briefing on Tuesday in Warton, northwest England.
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WARTON, England, June 11- Sales of combat aircraft in the Middle East and Asia will more than compensate for cutbacks in U.S. and European spending, Britain's BAE Systems predicted on Tuesday. "This is a prudent view," Peter Anstiss, business development director of the unit said at a briefing on Tuesday in Warton, in north west England.
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WASHINGTON, April 10- The fiscal 2014 U.S. budget plan sent to Congress by the White House on Wednesday proposes to cancel or cut several Pentagon weapons programs. The proposals must be approved by Congress, which has often reversed the administration's plans in past years, including on some of the cancellations proposed again in 2014..
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WASHINGTON, April 10- The fiscal 2014 U.S. budget plan sent to Congress by the White House on Wednesday proposes cancellation of or cuts to several weapons programs. The proposals must be approved by Congress, which has often reversed the administration's plans in past years.
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NEW DELHI, April 5- India's plan to buy 126 fighter-jets from Dassault Aviation could be delayed as the two sides struggle to reach an agreement over the role of state-run Hindustan Aeronautics Ltd, two sources familiar with the matter said.
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NEW DELHI, April 5- India's planned deal to buy 126 fighter-jets from Dassault Aviation could be delayed as the two sides struggle to reach an agreement over the role of state-run Hindustan Aeronautics Ltd, a defence ministry source said.
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*South Korea aims to pick winner in first half 2013. WASHINGTON, April 3- The U.S. Defense Department said on Wednesday it has approved the sale of either the Lockheed Martin Corp F-35 stealth fighter or Boeing Co's F-15 Silent Eagle fighter to South Korea, which is expected to announce the winner of a 60- jet competition later this year.
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WASHINGTON, April 3- The U.S. Defense Department on Wednesday said it has approved the sale of either the Lockheed Martin Corp F-35 stealth fighter or Boeing Co's F-15 Silent Eagle fighter to South Korea, which is expected to announce the winner of a 60- jet competition later this year.
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*Changes spurred by collapse of BAE Systems merger. "EADS will now become a normal company," Chief Executive Tom Enders told Reuters on the eve of a shareholder meeting scheduled for Wednesday in Amsterdam. The Easter vote follows a deal between France and Germany after Paris and Berlin failed to agree on a merger between EADS and Britain's BAE Systems last year.
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LONDON, March 11- Efforts to kickstart Britain's economy, on the brink of its third recession in four years, have stymied efforts by Britain's top 100 firms to rebuild their pension funds, according to data from JLT Pension Capital Strategies.
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*Increases dividend 10 pct to 8.8 pence per share. LONDON, March 7- British defence and aerospace supplier Cobham is to expand its commercial aircraft division and continue cost-cutting to offset forecast U.S. budget cutbacks and return the company to growth next year.
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Based in San Diego, NASSCO is a wholly-owned subsidiary of General Dynamics and the largest full-service shipyard on the West Coast. The company's three shipyards are in Mayport, Florida, near Jacksonville; Norfolk, Virginia; and San Diego- cities that rely heavily on the military for jobs.
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*$5.5 bln in contracts could be slashed if Australia reduces orders. *Australia has said it plans to buy 100 jets, analysts expect less.
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*2012 revenue rises 15 pct to 56.5 bln euros. BERLIN, Feb 27- Airbus parent EADS formally buried its attempted $45 billion merger with UK defence contractor BAE Systems Plc and cheered investors with evidence that civil aviation growth continues unabated.
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BERLIN, Feb 27- Airbus parent EADS formally buried its failed $45 billion merger with defence contractor BAE Systems and cheered investors with evidence that civil aviation growth continues unabated.
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PARIS, Feb 27- Airbus parent EADS predicted higher profit this year on the heels of stronger than expected 2012 earnings and a clampdown on costs, with the development of its A350 jet remaining the biggest wild card in its bid to match rival Boeing.
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As $85 billion in spending cuts loom, people across the country who rely on the government were trying to fathom what it would mean for them. The NYT reports.
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LONDON, Feb 21- European shares tumbled on Thursday as weak economic data dented sentiment already hit by concerns the U.S. By 1122 GMT, the FTSEurofirst 300 was down 16.07 points, or 1.4 percent, at 1,152.65, falling away from multi-year highs.
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2013’s surge in merger and acquisition-related activity is heading for Europe, according to strategists who say the continent has the same essential ingredients in place for a revival in deals as the U.S.
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