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EU Set to Approve Parker’s $8.3Bn Bid for Meggitt

EU Set to Approve Parker’s $8.3Bn Bid for Meggitt

Parker-Hannifin is set to gain EU antitrust clearance for its 6.3 billion pound ($8.3 billion) bid for Britain’s Meggitt after offering to sell a US factory to address competition concerns, people familiar with the matter said.

The US engineering and aerospace group submitted its offer to the Eur…

S. Korea to Launch Solid-Fuel Space Rocket in 2025

S. Korea to Launch Solid-Fuel Space Rocket in 2025

SEOUL — South Korea is seeking to conduct a full-fledged solid-fuel space rocket launch in 2025, a government researcher said Monday, following its major performance test last week.

The country is aiming to launch the rocket to place a 500-kilogram experimental satellite into a low Earth orbit …

Norway Adds 3 Billion NOK to 2022 Defense Budget

Norway Adds 3 Billion NOK to 2022 Defense Budget

“We are now strengthening the Armed Forces, especially in the north, to meet changes in the security policy situation as a result of the war in Ukraine. The measures will soon have an effect and strengthen our security,” says Minister of Defense Odd Roger Enoksen.

The immediate measures that are …


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