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Iran Launches Underground Ballistic Missiles During Exercise

Iran Launches Underground Ballistic Missiles During Exercise

Iran’s Islamic Revolutionary Guards Corps (IRGC) has launched underground ballistic missiles as part of a drill involving a fake U.S. aircraft carrier during military exercises in the Strait of Hormuz, a day after the IRGC fired a missile from a helicopter targeting the same carrier.

Drones separ…

China Fears US May Base Aegis Ashore on Guam

China Fears US May Base Aegis Ashore on Guam

Recently, Western media reported that the US would deploy land-based Aegis Ashore ballistic missile defense system on Guam for defending against so-called Chinese attack.

Regarding the deployment of the Aegis Ashore system on Guam, US Navy Admiral Philip S. Davidson, Commander of US Indo-Pacific …

SFO Charges Former Airbus Subsidiary, Managers After Saudi Probe

SFO Charges Former Airbus Subsidiary, Managers After Saudi Probe

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…

Airbus Posts H1 Loss of €1.9Bn As Sales Drop By One-Third

Airbus Posts H1 Loss of €1.9Bn As Sales Drop By One-Third

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…

Boeing Posts H1 Net Loss of $5Bn As Sales Drop 26%

Boeing Posts H1 Net Loss of $5Bn As Sales Drop 26%

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…


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