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☆ US Air Force's F-22 Raptors lost to German Eurofighters in mock dogfights, but the verdict on the superior jet isn't as simple
▼ + stars: | 2024-05-14 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +29 min

German Air Force Eurofighter Typhoon fighter jets fly during a media day. Piroschka van de Wouw/ReutersDespite their generational differences, the F-22 Raptor and Eurofighter Typhoon actually have a number of things in common. A German air force Eurofighter Typhoon taxis toward the runway at Eielson Air Force Base in Alaska before departing for a combat-training mission, June 11, 2012. So what's the verdict between the F-22 Raptor and Eurofighter Typhoon? A composite image showing a German air force Eurofighter Typhoon jet and a US Air Force F-22 Raptor.

Persons: …, Valerie R, David Cenciotti's, Piroschka van de Wouw, it's, Randy Gordon, Sam Eckholm, doesn't, Rich Wells, Thomas Wiegold, John P, Michael Holzworth, It's, Marc Gruene, haven't, Gruene, isn't, Jens Stoltenberg, Bernd Wüstneck, Eurofighters, Chris Jung, That's, Eric Wicklund, Erich Hartmann, He's, Alex Muller, Andreas Pfeiffer, who's, Thomas Bergeson, Wade Tolliver, we're, Dirk Smith, Mike, Bertie Simmonds, Micheal Jordan, Chesty Puller Organizations: Service, EA, German Eurofighter Typhoons, Business, Eurofighter, Spangdahlem Air Base, US Air Force, Tactical Air Force, America's Raptors, BFM, Germany's Eurofighter, Farnborough, Air, Germany's, German Air Force Eurofighter, Reuters, Typhoon, MIT, RAF, Breaking Defense, AIM, Air Force, Staff, Raptors, Eielson Air Force Base, Tech, Germany's Air Force, Combat Aircraft, TVC, Raptor, NATO, Tactical Air, Getty, Typhoons, Seoul International Aerospace, Defense, Eurofighters, 4th, US Navy, KC, Red Flag, Navy SEAL, ISIS, Qaeda, Flag, FS, Eurofighter Typhoon Locations: Germany, Alaska, Red, Estonia, Vietnam, Flag Alaska, gun's, American

☆ Forget Nvidia. Here are 5 undervalued tech stocks every investor should own, Goldman Sachs says
▼ + stars: | 2024-05-11 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Goldman Sachs said this week that there are plenty of cheap tech stocks to buy coming out of earnings. The information technology sector has reported a year-over-year earnings growth rate of 23.2%, according to John Butters, senior earnings analyst at FactSet. CNBC Pro combed through Goldman Sachs' research to find the most underappreciated buy-rated tech stocks. "Second, ANET has growing confidence in its AI position and its > $750 mn AI revenue target for 2025," he added. Second, ANET has growing confidence in its AI position and its > $750 mn AI revenue target for 2025.

Persons: Goldman Sachs, John Butters, Goldman, Noah Poponak, Poponak, Kash Rangan, Rangan, Michael Ng, Arista's, Ng, ANET Organizations: FactSet, CNBC, Microsoft, Teledyne Technologies, Arista Networks, Arista, TAM, Cloud Titans, Cloud Locations: 2H24

☆ Exclusive: On board a B-52 bomber mission to China’s doorstep
▼ + stars: | 2024-04-10 | by ( Oren Liebermann | ) edition.cnn.com time to read: +11 min

Sitting on the massive bomber’s sole bunk, the third pilot on the flight crew, Capt. This year, the Air Force began low-rate production of the Northrop Grumman B-21 Raider, the next generation of stealth bomber. In October, Chinese fighter jets intercepted a B-52 bomber at night over the South China Sea, south of our position. Everyone is tired, especially as we approach the 24-hour mark of the flight, but the mission is not yet complete. On final approach, with Barksdale Air Force Base looming off our nose, the right main gear does not extend.

Persons: Jinan Andrews, Omaha ” Barnett, Sabin “ Jett ”, Michael Maginness, CNN's Oren Liebermann, ”, Jason Armagost, Bo “, Bo “ NATO ” Cain, Oren Liebermann, MYLAR11, Leo “ Swabbie ” Weber, “, Rebecca “ Vulcan ” Moore, Moore, you’ve, Jared Patterson, Avery Bulsterbaum, Andrew Rodriguez, Justin Joyner, Dakeeja Nelson, Veruca Plott, it’s, . Sabin “ Jett ”, Jeremy Harlan Organizations: CNN, US, Barksdale Air Force Base, Boeing, 2nd Bomb, China, Eighth Air Force, “, Air Force, Bo “ NATO, 20th Bomb Squadron, Northrop Grumman, Raider, CNN Staff, US Department of Defense, South Korean Locations: East China, –, Alaska, Louisiana –, Louisiana, Japan, Capt, Jinan, Tramaine, Omaha, Vietnam, Russia, Russia’s, China, North Korea, South Korea, MYLAR11, Beijing, South China, Jinan Andrews

☆ How 2 executives found success in Puerto Rico's booming business landscape
▼ + stars: | 2024-04-09 | by ( Sponsor Post | Sponsored Invest Puerto Rico | ) www.businessinsider.com time to read: +5 min

In 2023, more than 550 businesses and nearly 6,000 new job opportunities were established on the island, according to Invest Puerto Rico. More than ever, Puerto Rico is positioned to host entrepreneurs and executives considering establishing or expanding their business presence. When González cofounded the tech consultancy firm Wovenware in 2003, Puerto Rico's tech scene was virtually nonexistent. Fast forward two decades since its founding, and Wovenware stands as a testament to Puerto Rico's vibrant tech ecosystem, having grown into a key player. Learn more about establishing yourself in Puerto Rico's business landscape.

Persons: Luis Ramos, Christian González, González, might've, Ramos, it's, — Organizations: Invest, Honeywell Aerospace, Puerto, Puerto Rico, University of Puerto, Polytechnic University of Puerto Rico, Honeywell, González, Workers, Insider Studios Locations: Puerto Rico, Invest Puerto Rico, Puerto Rican, Puerto, University of Puerto Rico, Aguadilla, Puerto Rico's

☆ Russia's fighter pilots are 'no longer so impudent' after Ukraine's kill streak, says air force
▼ + stars: | 2024-03-03 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

Ukraine's air defenses downed 10 Russian planes in 10 days in a recent kill streak. Ukrainian Air Force spokesman Yurii Ihnat said it highlighted Ukraine's ability to disrupt Russian airforce operations. The Su-34 is the Russian air force's best fighter bomber, Forbes reported, and cost $50 million each. AdvertisementOnce accustomed to flying with relative impunity, the warplanes are now constrained by the increased threat of Ukrainian air defenses. AdvertisementOn January 14 and February 23, Ukrainian forces also successfully targeted A-50 aircraft, critical early warning aircraft for long-range radar detection and targeting.

Persons: —, Yurii Ihnat, Ihnat, Forbes, Su, Moscow's Organizations: Kyiv Post, Service, RBC, Ukrainian Air Force, Russian, Ukrainian, Russian Air Force, Getty, Crimean Locations: Russian, Azov, Kyiv, Ukraine, Avdiivka, Bakhmut, MAKS, Zhukovsky, Moscow Region, Russia, Ukrainian, Norwegian

☆ A passenger plane exceeded 800 mph due to strong winds — 200 mph faster than usual. Experts say passengers had nothing to worry about.
▼ + stars: | 2024-02-23 | by ( Monica Humphries | ) www.businessinsider.com time to read: +3 min

The speeds — Virgin's plane reached 802 mph and United at 838 mph — are some of the fastest speeds recorded in recent years. According to the National Weather Service in the DC area, winds reached speeds of 265 mph. AdvertisementThe challenges come when the plane needs to leave the jet stream, Bangs said. On turbulent flights, passengers might notice the plane's wings bending and flexing, and that's on purpose, Bangs told BI. Ultimately, Bangs said, "if that 260 mph jet stream is acting as a tailwind on your flight, it's a lot of fun."

Persons: —, Kathleen Bangs, Domenic, Bangs, LaFauci Organizations: Service, Boeing, Virgin Airlines, United Airlines, National Weather Service, NPR, Business, Getty, Southern New Hampshire University, Airline

☆ Ukraine took out another Russian fighter jet, bringing its kill streak to 7 in a week
▼ + stars: | 2024-02-21 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +3 min

Ukraine's Armed Forces destroyed another Russian Su-34 fighter jet, marking the seventh in a week. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUkraine said it destroyed another Russian fighter jet on Wednesday, bringing its kill streak to seven in one week. The commander of Ukraine's air force, Lieutenant General Mykola Oleshchuk, said on Wednesday that Ukraine had taken out a Su-34 fighter bomber. A spokesperson for the Ukrainian Air Force told the Kyiv Post that the plane was downed "in the eastern direction."

Persons: —, Mykola Oleshchuk, Forbes, Sinéad Baker, Justin Bronk, Baker, Denys Shmyhal Organizations: Ukraine's, Forces, Service, Pravda, Eternal, Ukrainian Air Force, Kyiv Post, Ukraine, Royal United Services Institute, ABC News, US, Africa Command, Ukrainian Armed Forces Locations: Russian, Ukraine, Kyiv, Poltava, Kharkiv, Dnipropetrovsk, Zaporizhzhya, Donetsk, Russia, Europe

Though aerospace and defense funds understandably haven't done well in this year's faltering market, some individual stocks have posted substantial gains. U.S. support in what's turning out to be a long war in Ukraine will likely push overall contractor spending higher, benefitting aerospace and defense companies. In this era of high-tech warfare, when strategic military engagement is more about digital systems and aerial weapons than boots on the ground, aerospace and defense companies are advantageously positioned. Lucrative products include fighter jets, helicopters, parts for them, avionics products, missile guidance system, drones and anti-drone technology and support services. Curtiss-Wright Corp (CW) Projected five-year annual earnings growth: Data was not available.

Persons: Lockheed Martin, Giuseppe Cacace, Northrup Grumman, Howmet's, Wright, Woodward, Gerald R, Ford Organizations: US Air Force, USAF, Lockheed, Maktoum International Airport, Afp, Getty, U.S, Publicly, General Dynamics, TransDigm, Inc, Parsons Corp, U.S . Department of Defense, Missile Defense Agency, State Department, Department of Homeland Security, Department of Energy, Federal Aviation Administration . Products, Aerospace, Curtiss, Wright Corp, CW, N.C . Products, Woodward Inc, Huntington Ingalls Industries, Coast Guard, Ford, Pentagon Locations: Dubai, Al, Maktoum, Ukraine, Israel, Gaza, what's, Virgina, Washington, Davidson, N.C, Fort Collins , Colorado

☆ L3Harris to sell its commercial aviation solutions business for $800 mln
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

The logo of L3Harris is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNov 27 (Reuters) - L3Harris Technologies (LHX.N) is selling its commercial aviation solutions business to private equity firm TJC L.P. for $800 million, the defense company said on Monday. The commercial aviation solutions business of L3Harris offers pilot training, flight data analytics, avionics and advanced air mobility products and services and has around 1,450 employees. Morgan Stanley and Moelis & Co were financial advisers to L3Harris, while J.P. Morgan Securities LLC advised TJC L.P. Reporting by Pratyush Thakur in Bengaluru; Editing by Saumyadeb ChakrabartyOur Standards: The Thomson Reuters Trust Principles.

Persons: Brendan McDermid, TJC, L3Harris, Morgan Stanley, TJC L.P, Pratyush Thakur, Saumyadeb Organizations: New York Stock Exchange, REUTERS, L3Harris Technologies, Moelis, Morgan Securities, Thomson Locations: New York, U.S, Bengaluru

☆ F-16: Ukraine pilot races to get to grips with fighter jet
▼ + stars: | 2023-11-21 | by ( Daria Markina-Tarasova | ) edition.cnn.com time to read: +6 min

Kyiv, Ukraine CNN —It can take years to fully train an F-16 fighter pilot. Moonfish is the call sign of a Ukrainian pilot who is training to fly the United States-designed multirole aircraft. In August, after months of lobbying by Kyiv, the US committed to approving the transfer of fourth-generation fighter jets to Ukraine. Ukrainian Air Force commander Mykola Oleshchuk told CNN that Ukrainian air defenses destroy on average about 75% of incoming cruise missiles and attack drones, but that the remainder of the weapons still reach their targets. He couldn’t attend the funeral or say goodbye but says he continues the F-16 training for the sake of Pilshchikov as well as for his comrades.

Persons: “, –, Moonfish, ”, ” Moonfish, ” Yurii Ihnat, Ben Guerir, Fadel Senna, Mykola Oleshchuk, ” Oleshchuk, Mose, Andriy Pilshchikov, ” Pilshchikov, couldn’t, “ Andriy Organizations: Ukraine CNN, CNN, Swiss Army, Ukraine’s Air Force Command, Russia, US Air Force, Getty, Russian, Ukrainian Air Force, Air, ” Troops, Separate Assault Brigade Locations: Kyiv, Ukraine, Ukrainian, United States, Swiss, Russia, Ben, Marrakesh, AFP, Moscow, Bakhmut, Donetsk region

☆ Aircraft carriers aren't the Russian navy's only problem. It has also struggled for decades to build jets for them.
▼ + stars: | 2023-11-15 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +10 min

Russia's sole aircraft carrier, Admiral Kuznetsov, has been out of action for years for repairs. AdvertisementIn July, Russian state media reported that Russia's sole aircraft carrier, Admiral Kuznetsov, could return to active service by the end of 2024. AdvertisementYakovlev Yak-38A Yak-38 on the deck of a Soviet aircraft carrier in October 1985. Even the updated Yak-36M, with a longer range and double the payload, was underpowered compared to NATO carrier aircraft. At least four Yak-38s operated alongside other Soviet jets from a base in the country's southwest in 1980.

Persons: Admiral Kuznetsov, —, Kuznetsov, Yakovlev, Hawker, Su, Andrei Luzik, Gorhskov, ARUN SANKAR Organizations: Soviet, Service, Kuznetsov, US, Soviets, Hawker Siddeley, —, Minsk, US Navy, NATO, Getty, Indian Navy, Mikoyan, Russian, Vikrant, Getty Images, India's Locations: Moscow, Russia, Soviet, Kiev, Soviet Kiev, Afghanistan, India, Delhi, Syria

☆ At SpaceX, worker injuries soar in Elon Musk’s rush to Mars
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +35 min

Through interviews and government records, the news organization documented at least 600 injuries of SpaceX workers since 2014. The more than 600 SpaceX injuries Reuters documented represent only a portion of the total case count, a figure that is not publicly available. SpaceX injury data reporting failures SpaceX facilities failed to submit injury data annually, as required by regulators, for most years since 2016. Workers welded rocket parts up to 12 hours a day, six days a week, often in temperatures over 100 degrees Fahrenheit, the SpaceX workers said. The accident occurred when he and other SpaceX employees were being transferred between two vessels.

Persons: Lonnie LeBlanc, LeBlanc, LeBlanc’s, hasn’t, Musk, ”, Tom Moline, Francisco Cabada, Cabada’s, Elon Musk, Ydy Cabada, Kennedy didn’t, Kennedy, “, Jordan Barab, Travis Carson, Carson, entrepreneurism, Jeff Bezos, Chris Cunnington, Phillip Fruge, ” Fruge, ” Carson, Elon, Carson “, Florentino Rios, Rios, Rios inched, Richard Hinojosa, ” Rios, Cabada, Ydy, SpaceX hasn’t, Michael Sanchez, ” Sanchez, Francisco’s, Evelyn Cabada, ” Barab, Boring, Paige Holland, Musk’s, Moline, Gwynne Shotwell, ” Shotwell, Shotwell, CalOSHA, Ann Rosenthal, Steven Trollinger’s, Trollinger, –, Chris Weimer, Ron Weimer Organizations: Elon, SpaceX, U.S . Marine Corps, U.S . Occupational Safety, Health Administration, OSHA, Musk’s, V2, Reuters, Regulators, Kennedy Space Center, U.S . National Aeronautics and Space Administration, NASA, ” Reuters, California OSHA, CalOSHA, ”, Workers, Boeing, Cabada, Boring Company, National Labor Relations Board, billionaire’s, Federal Locations: McGregor , Texas, LeBlanc, amputations, Hawthorne , California, Brownsville , Texas, Redmond , Washington, Florida, Cape Canaveral, California, Brownsville, Texas, Mexico, Moline, Carson, American, SpaceX’s Brownsville, Rios, Hawthorne, Los Angeles, “, ” Holland, Thielen, Holland, Federal, After Texas

☆ Here are Friday's biggest analyst calls: Apple, Intel, Rivian, ResMed, Amazon, Enphase, Southwest & more
▼ + stars: | 2023-10-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

JPMorgan initiates TKO Group as overweight JPMorgan said the WWE and UFC combo company is a "sports champion." Bank of America downgrades Hasbro to neutral from buy Bank of America downgraded the toymaker after its earnings report on Thursday. " HSBC upgrades Intel to hold from sell HSBC upgraded Intel after its earnings report on Thursday. TD Cowen downgrades Southwest to market perform from outperform TD downgraded the stock after its "tough" earnings report on Thursday. " Goldman Sachs reiterates Amazon as buy Goldman said the stock remains attractive after its earnings report Thursday.

Persons: Cantor Fitzgerald, Rivian, Cantor, Stifel, we've, JPMorgan, Morgan Stanley, Piper Sandler downgrades, Piper, Guggenheim, Raymond James, Roblox, TD Cowen, TD Cowen downgrades Hershey, it's bullish, Wells, Goldman Sachs, Goldman Organizations: Dominion, WWE, UFC, " Bank of America, Hasbro, Bank of America, Products, Energy, JPMorgan, HSBC, Intel, Inc, Deutsche Bank, Deutsche, Griffon Corp, Management, Hershey, BMO, Merck, Citi, Cisco, JPMorgan downgrades, Apple, of America

☆ Ukrainian fighter pilots could soon make the jump to real F-16s that don't fly quite like the jets they know best
▼ + stars: | 2023-10-26 | by ( Ryan Pickrell | ) www.businessinsider.com time to read: +9 min

Ukrainian fighter pilots learning to fly the F-16 could soon make the jump to real combat aircraft. The F-16 flies a bit different from the fighter aircraft they know, namely MiG-29s and Su-27s. AdvertisementAdvertisementTwo U.S. Air Force F-16 Fighting Falcon aircraft sits parked on flight line at MacDill Air Force Base, Sept. 8, 2021. US Air Force photo by Airman 1st Class Lauren CobinSimulator training will help ease the transition with these potential differences, but getting up to speed in an actual plane still takes time. Training has been ongoing at the Danish military air base in Skrydstrup and in the US at Lackland Air Force Base in Texas and Morris Air National Guard Base in Arizona.

Persons: —, Ukraine's, Yuriy Ihnat, Ihnat, Mike, Torrealday, Efrem, Julianne Showalter, you'd, Lockheed Martin, Lauren Organizations: MiG, Service, US Air Force Reserve, Ukrainian Air Force, National Museum of, United States Air Force US Air Force, Soviet, Air Force, General Dynamics, . Air Force, Falcon, MacDill Air Force Base, US Air Force, US, Lackland Air Force Base, Morris Air National Guard Base Locations: American, Ukrainian, Kyiv, Soviet, Iraq, Poland, Romania, Denmark, United States, Skrydstrup, Texas, Arizona, Ukraine

☆ The fastest private jets in the world ranked by speed
▼ + stars: | 2023-10-08 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

The Bombardier Global 8000 is poised to become the world's new fastest private jet come 2025. AdvertisementAdvertisementHere are some of the fastest private jets in the world — with one actually exceeding Mach 1 during a test flight. The G280 and G400 siblings have a maximum operating speed of Mach 0.85 and 0.90, respectively — making the latter also one of the world's fastest private jets. Dassault Falcon 10X: Mach 0.925 (710 mph)Dassault Aviation's new Falcon 10X private jet is scheduled to debut in 2025. Bombardier Global 8000: Mach 0.94 (721 mph)Private charter company NetJets will be the launch customer of the Global 8000.

Persons: —, they're, Dominique Boutin, Taylor Swift, Mike Fuchslocher, FlightGlobal Organizations: Bombardier Global, Manufacturers, Service, Boeing, Dassault Falcon, Getty, Dassault 7X, Bombardier, Gulfstream, Dassault, Falcon, Dassault Aviation, Gulfstream G700, Gulfstream Gulfstream, Qatar Airways Executive, —, Paris Air Show, Cessna, Textron Aviation, Private, Galactic's Locations: Concord

☆ Spain's PLD Space launches private reusable rocket in milestone for Europe
▼ + stars: | 2023-10-07 | by ( Aislinn Laing | ) www.reuters.com time to read: +3 min

MADRID, Oct 7 (Reuters) - Spanish company PLD Space launched its reusable Miura-1 rocket early on Saturday from a site in southwestern Spain, carrying out Europe's first fully private rocket launch and offering hope for the continent's stalled space ambitions. The Miura-1 rocket, named after a breed of fighting bulls, is as tall as a three-storey building and has a 100-kg (220-pound) cargo capacity. A first attempt to launch the Miura-1 rocket in May was abandoned due to strong high-altitude winds. Competitors lining up to join the race to launch small payloads include companies in Scotland, Sweden and Germany. In July, the last launch of Europe's largest rocket, the premier Ariane 5 space launcher, took place at the European spaceport in Kourou, French Guiana.

Persons: Miura, Italy's Vega, Vega, Aislinn Laing, David Alire Garcia, Valentine Hilaire, Will Dunham Organizations: Space, Virgin Orbit, Boeing, Competitors, Ariane, European Space Agency, Thomson Locations: MADRID, Spanish, Spain, Huelva, Britain, Scotland, Sweden, Germany, Kourou, French Guiana, Europe, Russia, Ukraine

☆ Spain's PLD Space Counts Down to Test Rocket Launch From Europe
▼ + stars: | 2023-10-06 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +3 min

MADRID (Reuters) - Spanish startup PLD Space will attempt a test launch of its reusable Miura-1 rocket early on Saturday, spearheading a new generation of 'microlaunchers' after an aborted attempt in June. "The day has arrived," Raul Torres, PLD Space chief executive and co-founder of PLD Space, wrote on social media platform X, previously known as Twitter. Europe's efforts to develop capabilities to send small satellites into space are in focus after a failed orbital rocket launch by Virgin Orbit from Britain in January. PLD Space's Miura-1 rocket, named after a breed of fighting bulls, is as tall as a three-storey building and has a 100-kg (220-pound) cargo capacity. Competitors lining up to join the race to launch small payloads include companies in Scotland, Sweden and Germany.

Persons: Raul Torres, Space's Miura, Italy's Vega, Vega, Emma Pinedo, Tim Hepher, Tim Hepther, Aislinn Laing, Edmund Blair Organizations: Spanish, Space, Twitter, Virgin Orbit, Boeing, Ariane, European Space Agency Locations: MADRID, Huelva, Spain, Britain, Europe, Russia, Scotland, Sweden, Germany, Kourou, French Guiana

☆ Spain's PLD Space counts down to test rocket launch from Europe
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +3 min

PLD Space/Handout via REUTERS/File Photo Acquire Licensing RightsMADRID, Oct 6 (Reuters) - Spanish startup PLD Space will attempt a test launch of its reusable Miura-1 rocket early on Saturday, spearheading a new generation of 'microlaunchers' after an aborted attempt in June. The rocket is due to lift off on its suborbital test mission at 2 a.m Spanish time on Saturday (0000 GMT) from Huelva in southwest Spain, marking what its designers say will be Europe's first fully private rocket launch. "The day has arrived," Raul Torres, PLD Space chief executive and co-founder of PLD Space, wrote on social media platform X, previously known as Twitter. Europe's efforts to develop capabilities to send small satellites into space are in focus after a failed orbital rocket launch by Virgin Orbit from Britain in January. In July, the last launch of Europe's largest rocket, the premier Ariane 5 space launcher, took place at the European spaceport in Kourou, French Guiana.

Persons: Raul Torres, Space's Miura, Italy's Vega, Vega, Emma Pinedo, Tim Hepher, Tim Hepther, Aislinn Laing, Edmund Blair Organizations: REUTERS, Rights, Spanish, Space, Twitter, Virgin Orbit, Boeing, Ariane, European Space Agency, Thomson Locations: El, Huelva, Spain, Rights MADRID, Britain, Europe, Russia, Scotland, Sweden, Germany, Kourou, French Guiana

☆ New missiles could help Ukraine's future F-16 fighters to take on Russian jets, but the planes will likely be more useful for other missions
▼ + stars: | 2023-09-23 | by ( Jake Epstein | ) www.businessinsider.com time to read: +13 min

The Pentagon plans to send highly capable air-to-air missiles that the jets can carry. A US Air Force aircraft fuels craftsman marshals a US F-16 at Rovaniemi Air Base in Finland during Astral Knight 23 Part 6 on August 23, 2023. These capabilities, coupled with its physical design, make the F-16 a formidable opponent for Russian fighter jets like the MiG-31 and Su-35, experts and former pilots say. AdvertisementAdvertisementAn F-16C Fighting Falcon from the 85th Test Evaluation Squadron flies a test mission March 19, 2019 near Eglin Air Force Base, Fla. Snodgrass said these missiles are "fairly comparable" to Russian air-to-air missiles like the R-27 and R-77.

Persons: Albert Morel Additionally, John Baum, Baum, it's, Guy Snodgrass, Russia's Su, Joshua Hoskins, Snodgrass, Biden, ANDREY SMIRNOV, Doug Birkey, Evgeniy, we've, Tannehill, ABIS Kayla Hayes, Moscow's, Perry Aston Organizations: Pentagon, Aviation, Service, AIM, US Air Force, Rovaniemi Air Base, Astral, Russian, Squadron, Eglin Air Force Base, Air Missiles, Air & Space Forces Magazine, Washington, Air Missile, US Navy, Getty, Mitchell Institute for Aerospace Studies, AP, Kyiv, Avionics, 3C Orion, Marine Corps Base, Australian Defense Force, NATO, Army Tactical Missile, Storm, Alabama National, 187th Fighter Wing, Joint Base, Sweden, Gripen Locations: Wall, Silicon, Ukraine, Russian, Finland, Fla, Kyiv, Moscow, Russia, Marine Corps Base Hawaii, Crimean, Md, Stockholm

[1/2] A model of a new fighter jet of the Global Combat Air Programme (GCAP) led by Britain, Japan, and Italy, is seen at the DSEI defence event in London, Britain, September 12, 2023. Reuters/Sarah Young/File Photo Acquire Licensing RightsTOKYO, Sept 21 (Reuters) - Japan, Britain and Italy plan to choose Britain as the headquarters for their next-generation fighter program, four sources in Japan said, putting London at the forefront of a partnership that could expand to include other nations. "Discussion about the headquarters is ongoing and we are unable to comment on the location," Japan's defence procurement agency said in an email. "No final decisions have been made on the locations and we will not comment on speculation," a spokesperson at Britain's defence ministry said. Officials at the Italian defence ministry were unavailable for comment.

Persons: Sarah Young, Leonardo, LDOF.MI, Richard Berthon, Britain's, Tim Kelly, Nobuhiro Kubo, Paul Sandle, Angelo Amante, Gerry Doyle Organizations: Global Combat Air, Reuters, Rights, London, United, United Arab Emirates, Combat, Britain's Ministry of Defence, BAE Systems PLC, Mitsubishi Heavy Industries, Mitsubishi Electric Corp, Royce PLC, Japan's IHI Corp, Thomson Locations: Britain, Japan, Italy, London, Saudi Arabia, United Arab, GCAP, European

☆ With flurry of FAA approvals, many more drones are about to fly over U.S. skies
▼ + stars: | 2023-09-20 | by ( Natalie Rose Goldberg | ) www.cnbc.com time to read: +3 min

This week, drone delivery company Zipline was granted Federal Aviation Administration approval to fly drones beyond the visual line of sight. That's a major milestone in efforts to extend the range of the domestic drone industry over U.S. airspace, and Zipline isn't the only drone operator to recently receive FAA approval. It's a regulatory aim that the drone companies have been working towards for a decade and will pave the way for other companies to receive streamlined approval for their own drone flights beyond the visual line of sight. Prior to "beyond the visual line of sight" approval, human observers were required to be stationed along the entire route a drone was flying to ensure that there was no interference with air traffic. Now he says Zipline will be able to serve "hundreds of millions of people" in the U.S."It unlocks the scale of the technology so that everybody can benefit.

Persons: Zipline, we've, Keller Cliffton Organizations: U.S, Federal Aviation Administration, FAA, Phoenix Air Unmanned, Walmart, Amazon Locations: U.S

☆ Buy this defense technology stock as acquisitions add long-term value, Citi says
▼ + stars: | 2023-09-11 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Citi says L3Harris Technologies ' short-term growth headwinds are outweighed by expanding defense budgets. The bank resumed coverage of the defense technology stock on Monday with a buy rating and a $193 per share price target. L3Harris stock has slumped nearly 19% since the start of the year, after falling in three of the five years from 2018 through 2022. LHX YTD mountain L3Harris Technologies stock. "Execution is key at this point given elevated leverage after a recent string of acquisitions," Gursky said.

Persons: Jason Gursky, Rocketdyne, Gursky, — CNBC's Michael Bloom Organizations: Citi, L3Harris Technologies, U.S Locations: Ukraine

☆ Video shows Ukraine blowing up its new 'cardboard' drones in a test attack on a dummy target
▼ + stars: | 2023-08-31 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Ukrainian media has shared footage purporting to demonstrate the use of a "cardboard" drone. Ukraine says it used the lightweight, cheap drones to do serious damage to five Russian planes. The footage here shows the potential damage from a mid-air explosion. The advantage of the Corvo PPDS drone — which have been variously described by their manufacturer SYPAQ as being made of cardboard and of light foamboard — is in its cheapness, light weight, and disposability. A constructed SYPAQ Corvo PPDS drone, sitting atop a stack of flat-packed ones.

Persons: Operativno ZSU, —, Australia Vasyl Myroshnychenko, hasn't Organizations: Service, Ukraine's Security Service, Kyiv Post Locations: Ukraine, Wall, Silicon, Australia, Kursk, Russia, Ukrainian, Russian, Kyiv

☆ Ukraine is fielding new $3,500 'cardboard' drones against Russia — they're flat-packed and could prove deadly
▼ + stars: | 2023-08-30 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +5 min

Ukraine has received hundreds of so-called "cardboard drones" from Australia. The Corvo PPDS is cheap, comes flat-packed, and can be built in an hour, its maker says. SYPAQ's Corvo PPDS drone. Although it's known as the "cardboard drone," there's conflicting information as to what its main framework is actually made of. Per the pro-Russian Telegram channel @fighter_bomber, Ukraine used a swarm-like formation of several unarmed Corvo PPDSs amidst drones packed with bombs, helping the swarm evade radar.

Persons: It's, SYPAQ, Michael Partridge, Australia's, Partridge, it's, coyly, Jamey Jacob, Jacob, Corvo, Mick Ryan, Australia Vasyl Myroshnychenko Organizations: Service, IKEA, Oklahoma State University, Popular Mechanics, Russian Telegram, News Australia Locations: Ukraine, Australia, Wall, Silicon, Russian, Australian

☆ 'Putin's vulture': Why the Ka-52 attack helicopter is one of Russia's most influential weapon systems
▼ + stars: | 2023-08-26 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +7 min

Russia's Ka-52 attack helicopter has been imposing a high cost on Ukraine's counteroffensive this summer. AdvertisementAdvertisementIt can also serve as a surveillance platform and an aerial command center for a fleet of attack helicopters. While some military experts say the US Apache helicopter is superior to the Ka-52, the Russian helicopter gunship is highly rated. In its review of the top nine attack helicopters, Military-Today.com wrote: "The Ka-52 is one of the fastest and most maneuverable attack helicopters due to its two coaxial contra-rotating main rotors. A video appears to show one of the Ka-52 attack helicopters being downed, revealing Russia's weakness, a former US general told Insider.

Persons: Russia's Ka, Ukraine's, Today.com, ALEXANDER NEMENOV, Insider's Ryan Pickrell, Andriy Yermak, Maxym Organizations: Russian, Service, Kremlin, Kyiv Post, Kamov, Russian Helicopters, Airforce Technology, US Apache, Russian Defense Ministry Press Service, AP, Military Factory, Russia, Getty, UK Ministry of Defence, Twitter, Ukrainian, Russian Ministry of Defense, Royal United Services Institute, Forbes Locations: Ukrainian, Wall, Silicon, Russian, Ukraine, AFP, Zaporizhzhia, Kyiv, London, American, Russia

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