Defense charges and lower outlook for 737 MAX deliveries on supply chain concerns drove BA’s underperformance yesterday. Lower PT to $213 as we de-risk MAX production outlook. Reiterate OW-rating as we continue to see strong demand for new aircraft underlined by Boeing’s large order book.
FMV is currently carrying out a project with the aim of raising the status of the new grenade launcher, the GRG18. On October 25, in connection with the army’s training day at the ground combat school in Kvarn, FMV made a symbolic handover of the first weapon to the Armed Forces.
GKN Aerospace has successfully completed the first engine run of the state-of-the-art RM16 engine that will power the JAS 39 Gripen E. This landmark enables GKN Aerospace to deliver full RM16 product support to the Swedish Armed Forces, ensuring engine availability for future Swedish Air Force missi…
The United States has been concerned about elevating escalation from the very beginning of the Russia-Ukraine conflict, said Secretary of Defense Lloyd J. Austin III, who held a Pentagon press conference today.
“That’s why we believe that it’s important to communicate with our allies and partners…
More than 30 enterprises of the Czech defense industry will be involved in the supply of the Swedish infantry fighting vehicle CV90. This follows from the information on the current progress of the negotiations, which was presented to the government today by the Minister of Defense Jana Černochová. …
MANAMA, Bahrain — A multinational naval task force led by Bahrain conducted a one-day training drill in the Arabian Gulf, Oct. 26, featuring the use of unmanned systems and artificial intelligence alongside seven crewed ships.
Naval Forces from Bahrain, Saudi Arabia, the United Kingdom and the …