Aerospace and defence
UK pushes to amend EU Syria arms embargo
Britain believes lifting part of arms embargo on Syria will pave way for the transfer of weapons to moderate rebels fighting the Assad regime
Categories: Aerospace and defence
BAE forecasts hit by defence cutbacks
European defence contractor is depending on finally settling on a new price for expanded Salam deal, which is being thrashed out with Saudi Arabia
Categories: Aerospace and defence
Pentagon maintains Chinese fifth-gen jets will not be operational before 2018
The Pentagon maintains that it does not expect either of China's fifth-generation fighter programmes to become operational before 2018. "We do not...
Categories: Aerospace and defence
KAI wins W1.1tn contract for FA-50 fighters
Korea Aerospace Industries (KAI) has received a won (W) 1.1 trillion ($1 billion) order for FA-50 fighter aircraft. KAI declined to state the number...
Categories: Aerospace and defence
USAF confirms three died in KC-135 crash
All three crew members died when their KC-135R tanker crashed in Kyrgyzstan on 3 May, the USAF confirms ...
Categories: Aerospace and defence
Northrop Grumman X-47B makes first arrested landing
The Northrop Grumman X-47B test bed has completed its first landing using an arrestor cable on 4 May, the same method used to land on an aircraft carrier,...
Categories: Aerospace and defence
US objects to MoD outsourcing plan
The US defence department has raised concerns about the UK’s plan for a private company to manage its £14bn annual procurement budget
Categories: Aerospace and defence
Institutional investors back EasyJet order
Analysts expect the company to place an multi-billion-dollar order for at least 100 aircraft and secure options to purchase a further 100
Categories: Aerospace and defence
Top investors back helicopter lease plan
Soros and Dell join $375m investment in Waypoint Leasing, which supplies helicopters to ferry workers to and from offshore oil and gas platforms
Categories: Aerospace and defence
Lockheed receives long-lead funding for first Israeli F-35s
Lockheed Martin has received $20.1 million in long-lead funding to start building the first two Israeli F-35A Joint Strike Fighters. "This is for...
Categories: Aerospace and defence
Hypersonic X-51 programme ends in success
The Boeing X-51A Waverider test bed has successfully completed its fourth and final flight, breaking the record for longest air-breathing hypersonic flight. The...
Categories: Aerospace and defence
UK commercial drone project gains altitude
BAE-led consortium tests unmanned aircraft and lobbies regulators to lift controls on their use as UK aims to lead burgeoning global market
Categories: Aerospace and defence
Remote-controlled flight is sedate affair
The FT boldly goes where few trained personnel have gone before, on the only remote-controlled aircraft flying in civilian airspace
Categories: Aerospace and defence
USMC presidential helicopter squadron starts flying MV-22
The US Marine Corps' HMX-1 presidential helicopter squadron has started flying the Bell Boeing MV-22 Osprey ...
Categories: Aerospace and defence
Canberra commits to new Growlers, but remains coy on F-35s
The Australian government has announced plans to buy 12 newly-built Boeing EA-18G Growler electronic attack aircraft ...
Categories: Aerospace and defence
USAF awards FlightSafety contract for KC-46 training system
The US Air Force awarded FlightSafety Services a $78.4 million contract on 1 May to develop an aircrew training system for the Boeing KC-46 tanker. The award...
Categories: Aerospace and defence
French White Paper sets equipment course for 2025
France plans to allocate a total of €364 billion ($479 billion) to its defence budget between 2014 and 2025, with the sum and a broad equipment breakdown...
Categories: Aerospace and defence
Rolls-Royce aerospace head resigns
Company declines comment on whether Mark King’s surprise departure is connected with a Serious Fraud Office probe into alleged bribery
Categories: Aerospace and defence
Maritime Heron UAV supports European airspace trial
Europe has advanced a project to prove the feasibility of using satellite communications to enable UAS operations in non-segregated airspace ...
Categories: Aerospace and defence
IAI, Embraer discuss special mission aircraft pact
Israel Aerospace Industries and Embraer may co-operate in the special mission aircraft marke ...
Categories: Aerospace and defence
The Bottom Line:If Mr Cable has his way...
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more