The Serious Fraud Office has brought charges against GPT Special Project Management Ltd and three individuals in connection with its investigation into allegations concerning the conduct of GPT’s business in the Kingdom of Saudi Arabia.

GPT, Jeffrey Cook, former Managing Director of GPT, and John…

AMSTERDAM — Airbus SE reported consolidated financial results for the Half-Year (H1) ended 30 June 2020.

“The impact of the COVID-19 pandemic on our financials is now very visible in the second quarter, with H1 commercial aircraft deliveries halving compared to a year ago,” said Airbus Chief Ex…

CHICAGO — The Boeing Company reported second-quarter revenue of $11.8 billion, GAAP loss per share of ($4.20) and core loss per share (non-GAAP)* of ($4.79), primarily reflecting the impacts of COVID-19 and the 737 MAX grounding. Boeing recorded operating cash flow of ($5.3) billion.

“We remain…

ROLLING MEADOWS, Ill. — Northrop Grumman Corporation has been selected to provide the prime mission equipment for the Sierra Nevada Corporation-led AC/MC-130J Radio Frequency Countermeasure (RFCM) program. Northrop Grumman’s RFCM system utilizes the latest in antenna, amplifier and electronics tec…

Servicemen of the tactical group of the Northern Fleet, stationed at the Arctic base Northern Clover on Kotelny Island in the Laptev Sea, have completed combat training missions for the defence of the coast from the landing of a mock enemy landing force.

During the exercise, the combat crews of t…

HULUDAO — Recently, two J-15 carrier-based fighter jets attached to a ship-borne aviation unit under the PLA Navy (PLAN) have successfully completed the nighttime buddy refueling training in air space, marking a new breakthrough in their all-weather long-range combat capability.

Aerial refuelin…