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Defense Defense Contractors

  • India and Israel have growing technology and defense ties

    Steven Schoenfeld of Blue Star Indexes says Israeli firms are working to provide services in India, including setting up locally.

  • Jan 11- Lockheed Martin Corp said on. In December, Japan decided to expand its ballistic missile defense system with Lockheed's ground-based Aegis in response to a growing threat from North Korean rockets. Japan intends to build two Aegis Ashore batteries that will likely cost at least $2 billion and are not expected to be operational at least until 2023..

  • TAIPEI/ HONG KONG, Jan 11- Taiwan's ruling party plans to use a long-term increase in defence spending to pursue advanced weapons systems, government officials say, in what is widely seen as growing determination to forge a stronger deterrent against a Chinese attack. China considers democratic Taiwan to be a wayward province and has never renounced the use of...

  • Trump is seeking to fulfill a 2016 election campaign promise to create jobs in the United States by selling more goods and services abroad to bring down the U.S. trade deficit from a six-year high of $50 billion. The administration is also under pressure from U.S. defense contractors facing growing competition from foreign rivals such as China and Russia.

  • Banner year for Boeing but can it keep momentum going into 2018?

    Carter Copeland, Melius Research aerospace and defense analyst, provides his outlook on Boeing next year.

  • DUBAI, Dec 21- Kuwait said on Wednesday it had ordered an investigation into a deal with aircraft maker Airbus to supply 30 Caracal military helicopters, worth one billion euros, for its air force. The French defence ministry said in August last year that Kuwait had placed the order. Kuwaiti state news agency KUNA quoted Minister of Cabinet Affairs Anas al-Saleh...

  • DUBAI, Dec 21- Kuwait said on Wednesday it had ordered an investigation into a deal with aircraft maker Airbus to supply 30 Caracal military helicopters, worth one billion euros, for its air force. The French defense ministry said in August last year that Kuwait had placed the order. Kuwaiti state news agency KUNA quoted Minister of Cabinet Affairs Anas al-Saleh...

  • DUBAI, Dec 21- Kuwait said on Wednesday it had ordered an investigation into a deal with aircraft maker Airbus to supply 30 Caracal military helicopters, worth one billion euros, for its air force. The French defense ministry said in August last year that Kuwait had placed the order. Kuwaiti state news agency KUNA quoted Minister of Cabinet Affairs Anas al-Saleh...

  • DUBAI, Dec 21- Kuwait said on Wednesday it had ordered an investigation into a deal with aircraft maker Airbus to supply 30 Caracal military helicopters, worth one billion euros, for its air force. The French defence ministry said in August last year that Kuwait had placed the order. Kuwaiti state news agency KUNA quoted Minister of Cabinet Affairs Anas al-Saleh...

  • WASHINGTON Dec 15- Lockheed Martin Corp, the maker of the F-35 and F-22 fighter jets, is partnering with plane maker Aerion Corp to develop the world's first supersonic business jet. In May, General Electric Co's GE Aviation and Aerion announced a joint study to develop a supersonic engine for the AS2. U.S. space agency NASA last year awarded a contract to a unit of...

  • BERLIN, Dec 15- Germany's military has approved plans to buy 45 to 60 new heavy-lift helicopters, kicking off a competition between the two largest U.S. weapons makers for the contract worth nearly 4 billion euros, a military source said on Friday. General Volker Wieker, chief of staff of the German Bundeswehr, signed the document that begins the contract bidding...

  • BERLIN, Dec 15- Germany's top military official has approved plans to buy 45 to 60 new heavy-lift helicopters in a competition valued at nearly 4 billion euros that will be decided between the two largest U.S. weapons makers, a source familiar with the decision said. Initial deliveries would begin in 2023, replacing Germany's existing fleet of CH-53G aircraft,...

  • OTTAWA, Dec 12- Canada said on Tuesday it was scrapping the planned purchase of 18 Boeing Co Super Hornet jets and made clear the U.S. company currently has little chance of winning a larger contract for 88 fighters. Canada will instead buy a second-hand fleet of 18 Australian F-18s, the same planes the Canadian air force already operates, officials told reporters.

  • BERLIN, Nov 15- The U.S. military has approved Lockheed Martin Corp's new CH-53K heavy-lift helicopter to fly at the Berlin air show next April, according to two sources familiar with the program. A top general with the Israeli Air Force, which is also considering buying the new helicopters, flew the aircraft during a 90- minute orientation flight at a Maryland air...

  • Growth market for missiles in Europe due to Russia threat: Raytheon CEO

    Raytheon International CEO John Harris speaks about the appetite for missile defense systems in different regions.

  • ISRAEL SAYS SHOT DOWN RUSSIAN-MADE UNMANNED AERIAL VEHICLE OVER GOLAN HEIGHTS- MILITARY SPOKESMAN.

  • Marc Franklin, portfolio manager at Conning Asia Pacific, says Middle East tensions are a good time to look at defense stocks.

  • Canada said last year it will launch an open competition to replace its aging fleet of fighter jets and a request for proposal for the open competition is expected in 2019.. The CSeries trade dispute has muddied a potential interim military contract between Boeing and Canada for 18 Super Hornet fighter jets, creating new opportunities for rivals like Airbus,...

  • The patriot missile is manufactured at Raytheon's Integrated Air Defense Center in Andover, Mass.

    CNBC's Morgan Brennan takes a look inside the latest U.S. missile systems and reports on the companies that make them, including Lockheed Martin, Boeing, Northrop Grumman and Raytheon.

  • In February, the Pentagon made a deal for a batch of 90 of the fighter aircraft agreeing to pay below $95 million per F-35A model jet for the first time, compared with $102 million in the previous purchase. The F-35 comes in three configurations: the A-model for the U.S. Air Force and U.S. allies; the B-model, which can handle short take-offs and vertical landings for...