Raytheon Technologies Corp., the biggest aerospace supplier by sales, said it is cutting 20,000 jobs this year—up from a previously announced 15,000—as it adjusts to the shrinking airline industry and the sharp drop in jetliner orders and deliveries.

The company, which supplies engines, aircraft …

BEIJING — China firmly opposes U.S. arms sales to Taiwan and has lodged solemn representations to the US side, said Senior Colonel Ren Guoqiang, spokesperson for China’s Ministry of National Defense (MND) on Tuesday.

Ren made the remarks in response to press questions on the recent U.S. arms sa…

TRIESTE, Italy — Fincantieri, one of the world’s largest shipbuilding groups, has signed a Memorandum of understanding (MoU) with Cochin Shipyard Limited (CSL), the leading shipbuilder in India.

With this agreement Fincantieri enhances its presence in the country, providing further momentum to …

BUENOS AIRES — The Minister of Defense, Agustin Rossi, traveled today to the Federative Republic of Brazil where he was received by the ambassador to that neighboring country, Daniel Scioli and – under a strict sanitary protocol – he toured with his Brazilian counterpart, Fernando Azevedo e Silva …

ISTANBUL — Turkish defense company and automotive manufacturer Otokar has signed a new export agreement worth $110 million for the sale of military vehicles to an undisclosed African country. The company informed the Public Disclosure Platform (KAP) on Tuesday about the deal.

A statement declar…

PATUXENT RIVER, Md. — A contract to build six CH-53K King Stallion helicopters was signed this week between the Naval Air Systems Command (NAVAIR) and Sikorsky Aircraft, a Lockheed Martin Company.

The Low Rate Initial Production (LRIP) Lot 4 contract, which was signed October 26, is for just ov…