Edition:
United Kingdom

Mike Stone

Northrop engine teams with Raytheon hypersonic program

18 Jun 2019

Raytheon Co said on Tuesday it has teamed up with Northrop Grumman Corp to develop and produce engines for hypersonic weapons that can travel 4,000 miles per hour.

Exclusive: Satellite image provider Maxar eyes sale of space robotics unit - sources

14 Jun 2019

U.S. satellite imagery company Maxar Technologies Inc is exploring a sale of its space robotics business, which could fetch more than $1 billion and allow it to pay down some of its debt, according to people familiar with the matter.

Republicans in U.S. Congress push back on Trump weapons packages to Saudi Arabia, UAE

13 Jun 2019

WASHINGTON U.S. Republican members of Congress pushed back on Wednesday against President Donald Trump's plan to sell $8 billion in weapons to Saudi Arabia and the United Arab Emirates, saying it was "unfortunate" the administration used an emergency declaration to avoid Congressional review.

Republicans in U.S. Congress push back on Trump weapons packages to Saudi Arabia, UAE

12 Jun 2019

WASHINGTON, June 12 U.S. Republican members of Congress pushed back on Wednesday against President Donald Trump's plan to sell $8 billion in weapons to Saudi Arabia and the United Arab Emirates, saying it was "unfortunate" the administration used an emergency declaration to avoid Congressional review.

Pentagon gets 8.8% discount in $34 billion F-35 jet deal

10 Jun 2019

WASHINGTON The U.S. Department of Defense has a "handshake" agreement with Lockheed Martin Co to cut 8.8 percent from the price of its latest order of F-35A fighter jet, shaving a year from the time frame in which each aircraft will cost less than $80 million, a Pentagon official said on Monday.

Pentagon agrees first multiyear purchase of F-35 jets, worth $34 bln

10 Jun 2019

WASHINGTON, June 10 The U.S. Department of Defense has a "handshake" agreement that would cut the price of the F-35A fighter jet by 8.8% and bring the price of each Lockheed Martin Co aircraft below $80 million dollars a year earlier than expected, a Pentagon official said in a statement on Monday.

Exclusive: U.S. pursues sale of over $2 billion in weapons to Taiwan, sources say, angering China

06 Jun 2019

WASHINGTON The United States is pursuing the sale of more than $2 billion (1.6 billion pounds) worth of tanks and weapons to Taiwan, four people familiar with the negotiations said, sparking anger from Beijing which is already involved in an escalating trade war with Washington. | Video

U.S. to sell 34 surveillance drones to allies in South China Sea region

03 Jun 2019

WASHINGTON The Trump administration has moved ahead with a surveillance drone sale to four U.S. allies in the South China Sea region as acting Defense Secretary Patrick Shanahan said Washington will no longer "tiptoe" around Chinese behaviour in Asia.

Pentagon eyes expanding DARPA future warfare research office

24 May 2019

WASHINGTON The U.S. Department of Defense is close to expanding its legendary future warfare and technology agency DARPA by combining it with the Pentagon office in charge of adapting existing weapons to new uses, people familiar with the plans said.

World News

U.S. pushes Middle East economic plan, Palestinians reject it

Palestinians poured scorn on a $50 billion (£39 billion) economic formula launched by the Trump administration for Israeli-Palestinian peace as the United States sought on Wednesday to win support for the plan as a foundation to ending the decades-old conflict.