BUCAREST — Romania is ready to sign the deal with French company Naval Group for the purchase of multi-role corvettes worth EUR 1.2 bln as soon as the court litigation related to this contract ends, Romanian Prime Minister Ludovic Orban said in Paris on Monday, October 26.

“There is a dispute, …

OTTAWA, Canada — Through five new agreements, Boeing and its Canadian aerospace partners are preparing to deliver C$61 billion and nearly 250,000 jobs to the Canadian economy.

“Canada is one of Boeing’s most enduring partners and has continuously demonstrated that they have a robust and capable…

China’s first domestically made aircraft carrier, the Shandong, has completed regular testing and training missions at sea that focused on actual combat after serving in the People’s Liberation Army (PLA) Navy for 10 months, China Central Television (CCTV) reported Tuesday.

The testing and traini…

PARIS — Italy is looking for foreign partners to develop and build a modern main battle tank, and has made a formal offer to Poland to join this project.

“The Italian Ministry of Defense turned to some EU countries, including Poland, with a proposal to cooperate on a project concerning land pla…

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…