China sanctions defense-related US companies and executives over Russia, TaiwanChina claims the self-governed island as its own territory, to be annexed by force if necessary. It has long opposed any weapon sales by th...
22 May, 2024, 10.00 PM IST
Joe Biden wants $886 billion for defense as Ukraine continues and China loomsBiden's request earmarks $842 billion for the Pentagon with an additional $44 billion earmarked for defense-related programs at the Federal...
13 Mar, 2023, 08.31 PM IST
China sanctions Lockheed Martin, Raytheon for Taiwan salesLockheed Martin Corp. and Raytheon Technologies Corp.'s Raytheon Missiles and Defense are barred from importing goods into China or making ...
17 Feb, 2023, 07.10 AM IST
China imposes sanctions on Lockheed Martin, Raytheon over Taiwan arms salesThe regulations prohibit Lockheed Martin and Raytheon Missile and Defense Corporation, a subsidiary of Raytheon Technologies, from "engagin...
16 Feb, 2023, 05.49 PM IST
US stock market: S&P 500 ends slightly down after mixed earnings, opening glitchEconomic data showed shallower-than-expected contraction in the manufacturing and services sector in the first weeks of the year, suggestin...
25 Jan, 2023, 07.47 AM IST
SpaceX files papers to launch Starlink in South KoreaThe rocket company, which is expected to set up a subsidiary in South Korea to qualify for registration, filed the request with the country...
13 Jan, 2023, 05.46 PM IST
EXPLAINER-What is the Patriot missile defense system?The Patriot, which stands for Phased Array Tracking Radar for Intercept on Target, is a theater-wide surface-to-air missile defense system ...
22 Dec, 2022, 01.36 PM IST
100-mile strike weapon weighed for Ukraine as arms makers wrestle with demand- SourcesU.S. and allied military inventories are shrinking, and Ukraine faces an increasing need for more sophisticated weapons as the war drags on...
28 Nov, 2022, 11.45 AM IST
China plans sanctions on CEOs of Boeing Defense, Raytheon over Taiwan salesThe sanctions on Boeing Defense, Space, and Security CEO Ted Colbert and Raytheon Technologies Corp boss Gregory Hayes are in response to t...
16 Sep, 2022, 09.17 PM IST
Supply chain troubles no. 1 talking point at Farnborough AirshowA major US defense contractor and manufacturer of Pratt & Whitney jet engines and other aircraft components, Raytheon was bracing for a bum...
20 Jul, 2022, 10.41 AM IST
Beijing sanctions Lockheed, Raytheon again over Taiwan arms salesOn at least two previous occasions China has announced sanctions against Lockheed and Raytheon, in 2019 and 2020, though Beijing has not ex...
21 Feb, 2022, 03.53 PM IST
Bipartisan United States senators pen support for funding of Lockheed Martin Corp's F-35 jetThe senators noted, "near-peer adversaries like China and Russia continue to advance their air defense systems, develop their own 5th gener...
07 May, 2021, 05.05 PM IST
Joe Biden poised to pivot United States arms deals toward security, human rightsLonger-term, however, those executives and five more people in and around the administration told Reuters that Biden's policy will shift to...
05 May, 2021, 03.40 PM IST
As Japan weighs missile-defence options, Raytheon lobbies for Lockheed’s $300 mn deal"It's game on," said one of the sources, who has direct knowledge of Raytheon's lobbying campaign. Raytheon's pitch includes a proposal to ...
30 Jul, 2020, 01.29 PM IST
Raytheon and United Technologies in merger talksA person familiar with the matter told the newspaper that United Technologies is likely to own a majority of the combined company.
10 Jun, 2019, 09.32 AM IST
Faircent appoints Shakti Goel as chief of product and technologyGoel has deep domain knowledge of financial markets, banking, retail and healthcare.
16 Sep, 2016, 03.19 PM IST
Tata Power to help produce Javelin anti-armour missile systemJavelin is a compact, lightweight missile designed for one-soldier operations in all environments.
31 Aug, 2016, 05.25 PM IST