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Boeing to Offer Second Layoff Plan, Sees Smaller Market Ahead

Boeing to Offer Second Layoff Plan, Sees Smaller Market Ahead

Boeing Co said on Monday it would offer employees a voluntary layoff package with pay and benefits for the second time this year, as the plane-maker battles a coronavirus-induced slowdown in global air travel.

It will be offered to employees in the commercial airplanes and services businesses as …

Hungary Signs $1Bn Deal for NASAMS Air Defense System

Hungary Signs $1Bn Deal for NASAMS Air Defense System

The Hungarian Defence Forces’ air defence capabilities will be reinforced with modern US missile systems, according to an announcement made on 12 August, Wednesday, in the Balaton utca building of the Ministry of Defence in Budapest.

Defence Minister Tibor Benkő and US Ambassador to Hungary Davi…

US Formalizes F-16 Jet Sale to Taiwan, Morocco

US Formalizes F-16 Jet Sale to Taiwan, Morocco

Taiwan formally signed an agreement to buy 66 of the latest model F-16 jets built by Lockheed Martin Corp., a move likely to further inflame tensions between the U.S. and China.

Taiwan’s purchase of the F-16s marks the first sale of advanced fighter jets to the island since President George H.W. …

Rand Corp. Looks at Russia’s Su-57 Heavy Fighter Bomber

Rand Corp. Looks at Russia’s Su-57 Heavy Fighter Bomber

The Su-57 aircraft has been in development since 2002 and is considered a key part of Russia’s arms export industry as a fifth-generation fighter to compete with rival systems such as America’s F-35 aircraft.

The jet made its first flight approximately ten years ago yet the widely advertised sys…

Poland Hails US Troop Deal, As Germany Fears Weakening of NATO

Poland Hails US Troop Deal, As Germany Fears Weakening of NATO

LONDON — Poland has hailed a deal struck with the United States to base more troops in the country, saying it enhances the “deterrence potential” against Russian aggression.

But the U.S. move follows a decision to halve its troop presence in Germany, and other European NATO allies fear the alli…


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