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3 mentions found


☆ NATO ally Greece wants the F-35, but it wants them once the fifth-gen stealth fighter's 'childhood illness' is cured
  + stars: | 2024-03-27 | by ( Chris Panella | ) www.businessinsider.com   time to read: +4 min
Read previewGreece's military leadership has announced radical changes in its Armed Forces, particularly its air force, including plans to offload older combat aircraft and get new F-35 stealth jets. "Development and production concurrency is Block 4′s most critical challenge, and we are dealing with its consequences today," F-35 program executive officer Lt. Gen. Michael Schmidt said in December. Advertisement"The F-35 [Joint Program Office], Lockheed Martin, and other industry partners have identified high risk concurrency in the F-35 Block 4 schedule, which would threaten to shut down aircraft production if development slips," he added. An Israeli Air Force F-35 Lightning II fighter aircraft flies over during an air show in Tel Aviv. For the air force, that means retiring and selling a variety of aircraft, such as F-4 jets, Mirage 2000-5 planes, and Block 30 F-16s.
Persons: —, of Defense Nikos Dendias, Dendias, Michael Schmidt, Lockheed Martin, Frank Kendall, JACK GUEZ, Jon Ludwigson, Ludwigson, Greece's Organizations: Service, Armed Forces, of Defense, Business, Air Force, Israeli Air Force, Getty, Office, Armed Force, US State Department Locations: Greece, Tel Aviv, AFP
☆ The week in Asian football
  + stars: | 2023-02-27 | by ( Michael Church | ) www.reuters.com   time to read: +3 min
HONG KONG, Feb 27 (Reuters) - Talking points from the week in Asian football:RONALDO'S SAUDI SCORING STREAK CONTINUES WITH HAT-TRICKCristiano Ronaldo's scoring run continued on Saturday as the Portuguese attacker netted all three goals in Al Nassr's 3-0 victory over Damak. The 38-year-old capped the scoring a minute before halftime when he side-footed home after Ayman Yahya cut the ball back towards the penalty spot. The goal was Ronaldo's eighth in five league games since joining Al Nassr after the World Cup. The defeat was the second in a row for new Urawa coach Maciej Skorza and the Pole's team are bottom of the standings. JANKOVIC APPOINTED NEW CHINA COACHSerbian Aleksandar Jankovic has been named coach of the China national team for next year's Asian Cup and the qualifiers for the 2026 World Cup.
☆ Wall Street dips as growth shares offset energy gains
  + stars: | 2022-11-29 | by ( Shreyashi Sanyal | ) www.reuters.com   time to read: +3 min
SummarySummary Companies Energy stocks rise, oil prices come off session highsU.S. consumer confidence slips in NovemberIndexes down: Dow 0.32%, S&P 0.41%, Nasdaq 0.57%Nov 29 (Reuters) - Wall Street's main indexes fell on Tuesday as growth stocks extended declines, overshadowing a rise in energy shares after oil prices pared back gains on OPEC+ output concerns. Gains in growth stocks earlier in the day proved short-lived, while U.S. Treasury yields rose. The S&P 500 energy sector index (.SPNY) was up only 0.6%, after rising as much as 2% earlier in the session. Oil prices pared gains on concerns that OPEC+ would keep its output unchanged at its December meeting. The S&P index recorded no new 52-week high and one new low, while the Nasdaq recorded 43 new highs and 123 new lows.
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