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☆ Boeing’s embattled CEO is poised to walk away with millions
▼ + stars: | 2024-03-26 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

Exactly how much Calhoun will receive isn’t clear yet, as it depends on how Boeing’s stock performs. According to Boeing’s most recent proxy statement, Calhoun is set to walk away with about $15 million worth of stock, cash and options in retirement. One estimate, according to Fortune, suggests Calhoun could walk away with $24 million, with the potential to collect $45.5 million more if Boeing’s stock goes up 37%. And while Muilenburg was denied severance pay, he still walked away with $80 million worth of stock and other assets. Even as the board heaped praise on Calhoun, Boeing’s own customers started sounding off about their frustrations with the leadership.

Persons: CNN Business ’, Dave Calhoun, he’ll, There’s, Calhoun, Dennis Muilenburg, Muilenburg, “, CNN’s Chris Isidore Organizations: CNN Business, New York CNN, Boeing, Ryanair, Avalon Locations: New York, America, Calhoun, Washington, South Carolina, Seattle

☆ Starship’s monumental third flight ends unexpectedly
▼ + stars: | 2024-03-16 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

Instead, the company utilizes flight tests to gather crucial data and make improvements before the next vehicle rolls out for liftoff. Defying gravityThe SpaceX Starship spacecraft lifts off from the Starbase in Boca Chica, Texas, on Thursday. Chandan Khanna/AFP/Getty ImagesStarship’s eventful third test flight achieved multiple milestones before ending prematurely and likely breaking apart. The spacecraft was expected to splash down in the Indian Ocean at the end of its hourlong flight, but SpaceX lost Starship’s signal shortly after the vehicle reentered Earth’s atmosphere. However, the third flight of Starship flew longer and higher than either of the previous tests.

Persons: Chandan Khanna, axolotls, Stephen Dalton, ”, Randal Voss, Jiji Press, James Webb, “, Ashley Strickland, Katie Hunt Organizations: CNN, NASA, SpaceX, Getty, Starship, University of Kentucky College of Medicine, NASA’s, Golden Records, Clipper, Japan Monkey, Jiji, Gorillas, James Webb Space Telescope, CNN Space, Science Locations: South Texas, Texas, Boca Chica , Texas, Turkey, Xochimilco, Inuyama, United States, Columbia , South Carolina, Panama, —, Scarborough , England

☆ How Victoria Beckham fell for Paris
▼ + stars: | 2024-03-04 | by ( Alice Pfeiffer | ) edition.cnn.com time to read: +5 min

Editor’s Note: CNN Style is one of the official media partners of Paris Fashion Week. Paris CNN —Unscathed by the PETA protesters who disrupted her show, Victoria Beckham closed out the fifth day of Paris Fashion Week at the lavish Salomon de Rothschild Hotel on Friday night. At Carven, Louise Trotter, former creative director for Lacoste, presented her first collection for the French heritage house. Off-White creative director Ibrahim Kamara after the presentation of his debut collection for the brand. (British fashion houses including Vivienne Westwood and Paul Smith also relocated to Paris at different stages of their careers.)

Persons: Victoria Beckham, Salomon de Rothschild, Simon Porte Jacquemus, Anna Wintour, Carine Roitfeld, Louise Trotter, Lacoste, Saint Martins, Seán McGirr, Alexander McQueen, Sarah Burton, Ibrahim Kamara, Virgil Abloh’s, Kristy Sparow, Nina Ricci, Harris Reed —, —, ”, … I’ve, Karl Lagerfeld, Yohji Yamamoto, Charles Worth, “, Harris Reed, Victor Virgile, Stella McCartney, Chloé, Lagerfeld, John Galliano, Dior, Phoebe Philo, Kim Jones, Louis Vuitton, Vivienne Westwood, Paul Smith, Serge Carreira, ” Carreira, Yanshan Zhang, Melody Thomas, Parsons Organizations: CNN, Paris, Paris CNN, PETA, French Vogue, Saint, Givenchy, Louis, Dior, Haute Couture, Fashion, Parsons Paris Locations: Paris, French, British, Carven, Central, London, Great Britain, Europe

☆ The BT Tower, London’s futuristic landmark, to become hotel
▼ + stars: | 2024-02-21 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +4 min

London CNN —Tourists who fancy getting a top-down view of London may soon be able to book themselves a room in the city’s famous BT Tower. Situated in Fitzrovia, central London, it was officially opened by the then-prime minister, Harold Wilson, the following year. An aerial view of the BT Tower Tim Motion/Construction Photography/Avalon/Getty ImagesOriginally known as the Post Office Tower, the building was designed to relay microwave signals carrying telecommunications from London around the country. It remained London’s tallest building until 1980, when it was overtaken by the NatWest Tower in the financial district. It’s been a privilege to adapt the TWA Flight Center into new use for future generations, as it will be the BT Tower.”

Persons: Harold Wilson, Tim, Brent Mathews, “ It’s, Eero Saarinen’s, John F, Kennedy, Muhammad Ali, Tyler Morse, Morse, It’s Organizations: London CNN — Tourists, BT, “, BT Group, British, Post, NatWest, MCR, TWA, Big Apple, Art Deco New Yorker, TWA Flight, Center Locations: London, Westminster, Fitzrovia, England, New, JFK

☆ Carnival reroutes cruises as Red Sea tensions rise
▼ + stars: | 2024-01-30 | by ( Ryan Anastasio | ) www.cnbc.com time to read: +1 min

Carnival announced Tuesday it would reroute cruise itineraries for a dozen ships scheduled to transit the Red Sea as tensions rise in the Middle East. Carnival expects the rerouting to impact its adjusted earnings per share by 7 cents to 8 cents in 2024. The company forecast adjusted full-year earnings per share of 93 cents, according to its fiscal fourth-quarter earnings released last month. The cruise liner is expected to release its fiscal first-quarter 2024 earnings in March. Carnival is the latest company to announce disruptions due to the conflicts in the Red Sea.

Persons: reroute itineraries, Joe Biden Organizations: Carnival, Houthi Rebels, Royal, MSC Cruises Locations: Avalon , California, Iranian, U.S, Yemen, Jordan, Red, Royal Caribbean, Swiss, Italian

Rather than being attracted to light, researchers believe that artificial lights at night may actually scramble flying insects' innate navigational systems, causing them to flutter in confusion around porch lamps, street lights and other artificial beacons. Political Cartoons View All 253 ImagesThat would make sense if the strongest light source was in the sky. But in the presence of artificial lights, the result is midair confusion, not attraction. They also documented that some insects will flip upside down — and often crash land — in the presence of lights that shine straight upward like search lights. Insect flight was least disrupted by bright lights that shine straight downward, the researchers found.

Persons: that's, ”, Tyson Hedrick, Hill, “ They're, Sam Fabian, Avalon Owens Organizations: WASHINGTON, University of North, Imperial College London, Nature Communications, Harvard, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: University of North Carolina, Costa Rica

☆ There are 3 bullish signals flashing that point a recovery in the housing market, Compass CEO says
▼ + stars: | 2024-01-22 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

The housing market is flashing signs of life, Compass CEO Robert Reffkin said. AdvertisementThe housing market is flashing a handful of bullish signals for the year ahead, according to Compass CEO Robert Reffkin. The founder of one of the nation's top real estate brokerages said he believed the housing market will be on the path to recovery in 2024. But more owners appear to be moving out of necessity or have warmed up to the idea of selling as mortgage rates head lower. At this rate, buyers are outpacing sellers in the market, Reffkin said, noting that Compass's real estate agents are seeing more business in the new year.

Persons: Robert Reffkin, Reffkin, —, brokerages, Freddie Mac, Sam Lafoca, LM Otero, Sellers, Phil Noble, I've, Barbara Corcoran Organizations: Service, National Association of Realtors, CNBC, Community, Getty, Associated, REUTERS, Mortgage, Association, New Locations: lancaster California, USA, Dallas, Kirkham, England

☆ This company lets you visit resorts for a day, and it's my new favorite travel hack
▼ + stars: | 2023-11-30 | by ( Monica Humphries | ) www.businessinsider.com time to read: +4 min

I felt like I left experiencing Palm Springs — not just seeing it. AdvertisementI was itching not only to see Palm Springs, California, but to experience it. I hopped on the website where more than 15 Palm Springs resorts were listed. I could spend my day at familiar brands like the Hyatt Palm Springs or the Kimpton Rowan Palm Springs Hotel. I told the worker at the reception desk that I had booked a day pass.

Persons: ResortPass, —, Monica Humphries, Rowan, cabanas, Barbie Dreamhouse, could've Organizations: Service, Springs Locations: California, Palm Springs , California, North America, Caribbean, Palm, Springs, Cody, daybeds, El, Colorado

☆ Israel-Hamas war: Answering readers’ questions
▼ + stars: | 2023-11-28 | by ( Jenna Zucker | ) www.reuters.com time to read: +8 min

Reuters editors took some of those readers' questions about the war received on Reddit and had two of our reporters answer. loadingHOW TO SPOT MISINFORMATION AND PROPAGANDAWhat level of misinformation is being released on both sides? * False or miscaptioned footage of reactions to the war in other countries, like this example or this one. loadingChristina Anagnostopoulos, U.S. Fact-Checking EditorThis is a war between two sides, both very skilled at presenting their own version. So it's an information war as well as a ‘real’ one.

Persons: Christina Anagnostopoulos, –, Stephen Farrell, “, haven't, that's Organizations: Yale Law, Reuters, Jerusalem Bureau, FAIR, Thomson Locations: Israel, U.S, Balfour, Rafah, Gaza, Galilee, Jerusalem, Iraq

☆ Elon Musk’s X Loses Bid to Scrap FTC Privacy Order
▼ + stars: | 2023-11-16 | by ( Elizabeth Wollman | ) www.wsj.com time to read: 1 min

Elon Musk acquired Twitter, now renamed X, in a deal valued at about $44 billion last year. Photo: Avalon.red/Zuma PressA federal judge denied X Corp.’s request to modify or terminate a consent order between the social-media company acquired by Elon Musk last year and the Federal Trade Commission over how the platform handled users’ information. In a decision Thursday, U.S. Magistrate Judge Thomas Hixson in the Northern District of California said his court lacked the power to grant X relief from another tribunal’s orders. The judge also denied X’s request to stop a deposition of Musk by the FTC.

Persons: Elon Musk, Judge Thomas Hixson Organizations: Twitter, Press, X Corp, Elon, Federal Trade Commission, FTC Locations: Northern District, California

☆ How Parrot Analytics shook up Hollywood by picking streaming hits
▼ + stars: | 2023-09-08 | by ( Lucia Moses | ) www.businessinsider.com time to read: +10 min

The Hollywood strikes thrust Parrot Analytics, which measures film and TV demand, into the spotlight. Parrot Analytics, a decade-old research firm, has in recent years built a complicated reputation in Hollywood with its proprietary system for measuring audience interest in films and TV shows. As streaming consumption skyrocketed and companies like Netflix kept audience data under wraps, Parrot offered one of the few apples-to-apples measurements across different series and films. Some producers and agents say Parrot has brought much-needed transparency to content measurement. "Parrot Analytics would reward quite a few shows that weren't the most viewed shows in America," he wrote.

Persons: Wared Seger, Seger, Parrot, he's, Seger's, Nielsen, Discovery's Max, Julia Alexander —, —, It's, HBO's Casey Bloys, Avalon, Jon Thoday, Matthew Ball, shouldn't, Guy, aren't, it's Organizations: Hollywood, Netflix, SAG, Alliance, Producers, ABC, Nielsen, Disney, CAA, Amazon's, Writers Guild of America, Warner Bros, Amazon Studios Locations: Hollywood, LA, Seger, New Zealand, Boston, America

☆ Kody Brown's 18 children have grown up on 'Sister Wives.' Here's a look at their lives today.
▼ + stars: | 2023-08-27 | by ( Esme Mazzeo | Palmer Haasch | ) www.businessinsider.com time to read: +13 min

TLCKody Brown's 18 children have grown up on "Sister Wives." Here's everything we know about the lives of Kody Brown's kids today, from their careers to their marital statuses and beyond. She expressed a love for fashion on "Sister Wives," and enrolled in UNLV in 2015, but dropped out in 2016. In a 2022 episode of "Sister Wives," Ysabel revealed just how close she and her mom were after her parents split up. Truely Brown, 13Truely Brown is Christine and Kody's youngest daughter and the first Brown child born after "Sister Wives" began filming.

Persons: Janelle, Christine, Robyn, Meri Brown, Garrison Brown, —, Kody Brown, Kody, Logan Brown, Janelle Brown, He's, Brown, Logan, Michelle Petty, Aspyn Thompson, neé Brown, Christine Brown, Mitch Thompson, Aspyn, Thompson, Kendra Scott, Leon Brown, Instagram, Leon, Audrey Kriss, Madison Brush, Madison, Kody's, Caleb Brush, Maddie, Axel, Evangalynn, Evie, Josephine, Mykelti, Antonio, Tony, Padron, Avalon, Archer, Hunter Brown, Hunter, Audrey Hubert, She's, Paedon Brown, John Yates, Robert Garrison Brown, Garrison, Gabe, David Preston, Dayton, Robyn Brown, David Jessop, Meri, Paedon, Yates, Gabriel Brown, Gwendlyn Queiroz, Gwendlyn, Beatriz Queiroz, Aurora Brown, Ysabel Brown, Per, Ysabel, Breanna Brown, Breanna, Savanah Brown, Truely Brown, Truely, Solomon Brown, Ariella Brown Organizations: Service, American, University of Nevada, Las Vegas, UNLV, Loyola University, Entertainment, Air Force, Air Force Academy, Johns Hopkins University, Utah National Guard, National Guard, NBC, Police, LinkedIn, Northern Arizona University, YouTube, University of Utah, Madison Locations: Arizona, StartUpNV, Nevada, Utah, Salt Lake City , Utah, Las, Salt Lake City, Chicago, Avalon, Las Vegas, Flagstaff , Arizona, Rome, Italy, Dayton, Europe, North Carolina, Christine

CNN —Hurricane Hilary is expected to slam into Southern California on Sunday as a rare tropical storm, unleashing floods, fierce winds and heavy downpours as residents evacuate, parks and beaches close and first responders brace for water rescues. Although Hilary is forecast to move north from Baja California into Southern California Sunday afternoon, its impacts will be felt earlier. First responders have also pre-positioned to respond quickly and perform water rescues from flooded areas, state officials said. There are “more than 7,500 boots on the ground” already deployed to help protect from the impact of Hurricane Hilary, according to the release from Newsom’s office. “There will be power outages across Southern California,” Ward said.

Persons: Hilary, it’ll, Gavin Newsom, “, ” Newsom, Cabo San Quintin –, Hilary “, we’ve, ”, Nancy Ward, Angelus Oaks, Brian Ferguson, Hurricane, ” Ward, – Organizations: CNN, National Hurricane Center, . California Gov, Cabo San Quintin, Southern California Sunday, California Governor’s, Emergency Services, National Oceanic, Atmospheric Administration, Residents, Home, Saturday, Visitors, Los, Los Angeles County Sheriff’s, National Weather Service, Silverado, Electricity, Southern California Edison, US Navy, Major League Baseball, Foxes, Hollywood Locations: Southern California, San Diego, California, Mexico, Punta Abreojos, Cabo, Baja California, California , Nevada, Arizona, Los Angeles, San Bernardino County, Oak Glen, Forest Falls, Northeast, Catalina, California’s, City of Avalon, Los Angeles County, Colorado, , California, Orange County, Orange, Angeles County

☆ A Pie Shop on Chicago’s South Side Serves More Than Dessert
▼ + stars: | 2023-07-11 | by ( Kayla Stewart | ) www.nytimes.com time to read: +1 min

Ms. Broussard chose her bakery’s location in hopes of encouraging other chefs and entrepreneurs to join her. “I want to force people who don’t look like me to come to the South Side if they want my pies,” she said. “There’s a huge pride in the community to see this gleaming pie shop,” she said. “This is a pie shop that looks like it could be in Brooklyn, or on Magazine Street in New Orleans, but it’s here.”Several of the shop’s counters are 32 inches high, meeting the height standards of the American Disabilities Act and making them accessible for wheelchair users. Each section of the shop has a different floor tile texture, which helps patrons with limited sight who use a walking cane navigate the store.

Persons: Broussard, “, ”, Zella Palmer Organizations: Dillard University, American Locations: New Orleans, Chicago, Avalon, Brooklyn

☆ Russia says one of its warships rescued 68 passengers from boat in Mediterranean
▼ + stars: | 2023-06-19 | by ( ) www.reuters.com time to read: +1 min

MOSCOW, June 19 (Reuters) - A Russian warship and cargo ship rescued 68 people overnight from a boat in the Mediterranean Sea, Russia's Defence Ministry said on Monday. It said in a statement that the Admiral Gorshkov warship had been the first to receive a distress call from the Avalon, which it described as a "yacht-type vessel" flying the Greek and German flags. The Admiral Gorshkov is one of Russia's leading warships and has been used in the past to test and deploy hypersonic missiles. Hundreds of people, mostly from Egypt, Syria and Pakistan, are feared to have drowned in a boat capsize off Greece last week. Reporting by Reuters, writing by Mark Trevelyan Editing by Andrew OsbornOur Standards: The Thomson Reuters Trust Principles.

Persons: Gorshkov, Mark Trevelyan, Andrew Osborn Organizations: Russia's Defence, Greek coastguard, Reuters, Thomson Locations: MOSCOW, Russian, Kalymnos, Egypt, Syria, Pakistan, Greece

☆ Vintage Glastonbury photos show how much the festival has changed
▼ + stars: | 2023-06-19 | by ( Martha Alexander | ) edition.cnn.com time to read: +6 min

(CNN) — The countdown to this weekend’s Glastonbury Festival is on; the stages are built, headliners are on their way and some 200,000 people are expected to attend. -Twenty six-year-old British photographer Paul Misso was there on a dual mission: to drive an RV for his friend, the Oscar-winning actress Julie Christie, and to take pictures of the event. “They just languished in a drawer for decades.”A couple sit in a wildflower meadow at Glastonbury Fair in June 1971. The resulting tome, “In The Vale of Avalon: Glastonbury Festival 1971,” may be more than 50 years after the event, but it serves as both a work of art and a historical document. It’s phenomenal.”“In The Vale of Avalon: Glastonbury Festival 1971” is published by IDEA books and available in a limited run of 1,000 copies at Dover Street Market, London.

Persons: David Bowie, Paul Misso, Oscar, Julie Christie, Nicolas Roeg, Christie, “, ‘, ”, Paul Misso Misso, —, Misso, Peter Neal, Roeg, Jean Shrimpton, David Owen, Twiggy, Paul Misso “, Bill Harkin, ” Misso Organizations: CNN, Glastonbury Fair, Fairport Convention, London School of Printing, wholesomeness, Glastonbury, ”, IDEA, “, Nikon Locations: Glastonbury, London, ”, Avalon, British, Dover, Market

A man on Dave Ramsey's show seven years ago said half his income was going towards his car loan. He is now debt free after following Ramsey's advice, and helps others with their own finances. A man who appeared on Dave Ramsey's show seven years ago said the harsh advice he got helped turn his finances around — and that he's now debt free. Ramsey is an American radio host and evangelical Christian who is known for his financial advice. But Amirfarzaneh, who does not have any part in the lawsuit, said he appreciated Ramsey's advice because it was simple.

Persons: Dave Ramsey's, Faraz Amirfarzaneh, Ramsey, Amirfarzaneh, It's, he's, he'd Organizations: BMW, Toyota Avalon, Avalon, Toyota Locations: —, Los Angeles, American, Texas

☆ Alternative asset specialist Beneficient set to complete $3.3 billion SPAC merger
▼ + stars: | 2023-06-06 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +2 min

Last year, Beneficient announced plans to go public via a merger with Avalon Acquisition Company (AVAC.O). Avalon stockholders approved the deal on Tuesday, said the source who was not permitted to discuss the confidential matter. Beneficient provides liquidity and services to qualified individuals and smaller institutions invested in private equity, venture capital and other alternative assets. The company is expected to begin trading this week on Nasdaq under the ticker BENF and the combined company will be called Beneficient, the person said. Special purpose acquisition companies (SPACs) are publicly listed companies that were raised with the intention of merging with a private company, which then goes public through the merger.

Persons: Beneficient, Brad Heppner, Donald Putnam, Craig Cognetti, Svea Herbst, Bayliss, Lisa Shumaker Organizations: YORK, Avalon Acquisition, Avalon, Nasdaq, Beneficient, Crossroads Group, Grail Partners, Putnam Lovell Securities, Svea, Thomson Locations: Avalon

☆ Microsoft’s Activision Deal Goes Down to the Wire
▼ + stars: | 2023-05-15 | by ( Dan Gallagher | ) www.wsj.com time to read: 1 min

An EU antitrust regulator approved Microsoft’s $75 billion deal to buy gaming company Activision Blizzard on Monday, a win for the two companies after a U.K. regulator rejected the deal in April. Photo: Avalon/Zuma PressLike any good videogame, Microsoft ’s proposed takeover of Activision Blizzard seems to have multiple—though not infinite—lives. The European Commission approved the deal on Monday morning. The announcement came just three weeks after the U.K.’s Competition and Markets Authority issued a surprise ruling against the proposed merger.

☆ Carol Burnett's birthday special' is an elegant (and hilarious) event
▼ + stars: | 2023-04-26 | by ( Marianne Garvey | ) edition.cnn.com time to read: +9 min

Hulton Archive/Getty Images Burnett peeks at a portrait of herself that was being painted by artist Dmitri Vails in 1963. CBS/Getty Images Burnett interacts with the audience of her new variety show, "The Carol Burnett Show," in 1967. CBS/Getty Images Burnett, left, and Cher perform a skit on "The Sonny & Cher Comedy Hour" in 1972. CBS/Getty Images Burnett poses with her memoir "One More Time" at a book signing in Beverly Hills, California, in 1986. Will Hart/NBC/Getty Images Carol Burnett Square was unveiled in Los Angeles in front of her alma mater, Hollywood High School, in 2013.

☆ 32-year-old actress started a podcast to find out all she could about healthy aging—3 key things she learned
▼ + stars: | 2023-03-11 | by ( Renée Onque | ) www.cnbc.com time to read: +1 min

"I've been doing 'biohacking' before it was really a thing, like way back when I was in college," she says. Avalon was absorbed in all things health and wellness, including dietary changes like intermittent fasting. This inevitably led her to a new venture, "The Melanie Avalon Biohacking Podcast," where she interviews longevity experts about healthy aging. "I thought that a biohacking podcast would be the perfect platform to actually connect with all of these authors, doctors [and] researchers and ask them all of my questions, and share what I've learned with other people." 188 episodes later, here's what Avalon has learned from experienced longevity experts she's interviewed about healthy aging.

☆ Defence contractors target Australia as it gears up to counter China
▼ + stars: | 2023-03-02 | by ( Jamie Freed | ) www.reuters.com time to read: +4 min

The firms are pushing for billions of dollars' worth of purchases expected after Australia's long-awaited defence strategic review (DSR) is made public next month, setting out the force structure and equipment required over the next decade. The government's aim is to "speed up the acquisition cycle" and move as quickly as possible once the review is public, Defence Industry Minister Pat Conroy told reporters on Wednesday. Australia ranked 12th globally in military spending in 2021 at $31.8 billion, according to the Stockholm International Peace Research Institute. Lockheed was selected last year alongside Raytheon Technologies Corp (RTX.N) to accelerate the manufacture and delivery of guided weapons to Australia. In-country assembly, and eventually manufacturing, are a focus of the project that aims to build local stockpiles, said Ken Kota, vice president of Lockheed's Australian defence strategic capabilities office.

☆ British RAF chief calls it 'unacceptable' for China to recruit western military pilots
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +1 min

SYDNEY, March 2 (Reuters) - Britain's air force chief says it was "unacceptable" its former pilots were being recruited to train Chinese military, and intelligence agencies in Australia and Britain had shared information to warn pilots against working for Beijing. In October Britain said it would change the law to make it an offence for a former military pilot to continue training a foreign military after being warned by British intelligence agencies to stop. The Royal Air Force's Air Chief Marshal Mike Wigston told the ABC in an interview at the Avalon Air Show in Australia the warnings were about China. Australia's spy chief last week hit out in his annual security threat assessment at former military pilots who turn to working for authoritarian regimes, describing them as "lackeys, more 'top tools' than 'top guns'". Reporting by Kirsty Needham; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.

☆ U.S. Air Force flags plans to buy 26 E-7 planes from Boeing
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +2 min

Feb 28 (Reuters) - The U.S. Air Force plans to buy 26 Boeing Co (BA.N) E-7A airborne early warning and control (AEW&C) planes to replace its ageing fleet of E-3s, the Department of the Air Force said on Tuesday, as it announced a contract worth up to $1.2 billion. Boeing said it would develop two new variants of the E-7 for the U.S. Air Force, without providing details of the differences. The Air Force said the first plane was expected to be in service by fiscal year 2027 and it anticipated purchasing an additional 24 by fiscal 2032. "The E-7A will be the Department's principal airborne sensor for detecting, identifying, tracking and reporting all airborne activity to Joint Force Commanders," said Andrew Hunter, assistant secretary of the Air Force for Acquisition, Technology and Logistics. Other E-7 operators include the Royal Australian Air Force, Republic of Korea Air Force, Turkish Air Force and the United Kingdom's Royal Air Force.

☆ BAE Systems Designs Fighter Drone That Can Take Off Vertically
▼ + stars: | 2023-02-28 | by ( Mike Cherney | ) www.wsj.com time to read: 1 min

A BAE Systems Strix drone on display at the Avalon airshow in Australia. AVALON, Australia— BAE Systems PLC unveiled a design for a large drone that can take off vertically and fly alongside manned helicopters, the latest bet on autonomous warfare as countries seek to upgrade their militaries. The new system, called Strix, aims to be affordable and easy to deploy, while still offering substantial range and firepower. A video animation played by BAE at the Avalon Airshow in Australia, where it announced the new aircraft and displayed a model, showed Strix taking off from the back of boats. Another video showed the drone, with wings folded, being stored in a shipping container and then driven away on a truck.

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