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CNN —Armed assailants launched a deadly “terror” attack on Turkey’s state-run aerospace company near the capital Ankara on Wednesday, government officials said. At least five people were killed and 22 injured in the “terrorist attack” on the Turkish Aerospace Industries (TUSAS) headquarters in the outskirts of Ankara, said Interior Minister Ali Yerlikaya. The attack occurred while Turkish President Recep Tayyip Erdogan was in the Russian city of Kazan to attend the annual BRICS summit. Turkish Aerospace IndustriesTurkey is a member of the North Atlantic Treaty Organization. “An attack on a major Turkish defense contractor, a public company, but also the crown jewel of Turkey’s defense industry, is going to be a huge trauma,” she said.

Persons: ”, Ali Yerlikaya, –, Cevdet Yılma, Yasar Guler, Guler, “, ” Yerlikaya, Mehmet Demiroglu, TUSAS, Ragip, Recep Tayyip Erdogan, Vladimir Putin, Erdogan, Mark Rutte, Mansur Yavas, Yilmaz Tunc, Aslı Aydıntaşbaş, “ It’s, ” Aydıntaşbaş, Tal Rifa’at, Farhad Shami, Mazloum Abdî, Serdar Ozsoy, Kamiran Hassan, Asos, Ebubekir Şahin, Netblocks, Putin, ” Putin, Turkey “ Organizations: CNN, Turkish Aerospace Industries, Turkish, Turkish Defense, Kurdistan Workers ’ Party, European Union, Social, Turkey’s Nationalist Movement Party, Reuters, Anadolu, Turkey’s Ministry of Industry, Technology, TUSAS, Atlantic Treaty Organization, NATO, European Council, Foreign Relations, Syrian Democratic Forces, SDF, ISIS –, of Communications Center, ” Broadcasters, Television Supreme, Facebook, YouTube, US State Department Locations: Ankara, Turkey, United States, Syria, Iraq, Ragip Soylu, Russian, Kazan, Turkish Aerospace Industries Turkey, Turkish, Kurdish, Kobani, Tal, Aleppo, Mawat, Sulaymaniyah, Iraq’s Kurdistan, Turkey’s

☆ New Boeing CEO to give clues about company's future, while striking workers vote on new contract
▼ + stars: | 2024-10-22 | by ( Leslie Josephs | ) www.nbcnews.com time to read: +7 min

Now, new CEO Kelly Ortberg has the chance to share his vision for the troubled manufacturer, from a potential strike-ending labor agreement to a slimmed-down future. When he takes the mic for his first earnings call as Boeing’s CEO on Wednesday, more than 32,000 striking machinists will start voting on a new, sweetened contract proposal. “I think it’s going to be a tight vote,” Jon Holden, president of the International Association of Machinists and Aerospace Workers District 751, told CNBC on Tuesday. Narrowing businessesOrtberg, a longtime aerospace veteran who previously ran Rockwell Collins, took the reins at Boeing in early August. Mending ties with workers, stabilizing supply chainThe results of the union vote will come out hours after the earnings call.

Persons: Kelly Ortberg, “, ” Jon Holden, RTX, Neil Mitchill, Collins, Rockwell Collins, Robert " Kelly, Ortberg, ”, Ken Herbert, Julie Su, Holden, ” Holden, Joe Biden, Biden, —, Phil LeBeau Organizations: Boeing, International Association of Machinists, Aerospace Workers, CNBC, GE Aerospace, AFP, Getty, Air Force One, Workers, Puget, Labor, Spirit, Aerospace Industries Association Locations: underperformance, Seattle, South Carolina

☆ Israel's interceptor missiles are under pressure as threats loom larger
▼ + stars: | 2024-10-15 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +5 min

Israel is facing an interceptor missile shortage, sources told the Financial Times. The head of an Israeli manufacturer of interceptor missiles said its production lines are working 24/7. Stroul also noted that the US is reaching a "tipping point," and may struggle to keep supplying Ukraine and Israel with interceptor missiles at the current pace. AdvertisementHe told Business Insider that he doubts Israel would fully exhaust its interceptor missile supply, and to approach the narrative of an Israeli interceptor missile shortage with caution. According to estimates, the Iron Dome's "Tamir" interceptor missiles cost about $50,000 each.

Persons: —, Dana Stroul, Stroul, Ehud Eilam, Israel, Boaz Levy, Levy, Wertman, Hassan Nasrallah, Tamir, Pat Ryder Organizations: Financial Times, Service, Israel's Ministry of Defence, Israel Defense Forces, NPR, Israel Aerospace Industries, University of South, US, Defense, Pentagon Locations: Israel, Iran, Ukraine, Tel Aviv, Gaza, Hezbollah, Lebanon, Yemen, University of South Wales

☆ M&A environment is improving, says Honeywell Aerospace CEO
▼ + stars: | 2024-07-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailM&A environment is improving, says Honeywell Aerospace CEOJim Currier, Honeywell Aerospace CEO, discusses M&A and how the firm is developing technology in the defense and aerospace industries.

Persons: Jim Currier Organizations: Honeywell, Honeywell Aerospace

☆ Tensions with Iran spotlight Israel's hidden nuclear arsenal
▼ + stars: | 2024-07-04 | by ( Paul Iddon | ) www.businessinsider.com time to read: +9 min

AdvertisementBy invoking doomsday weapons, it was clear Katz was alluding to Israel's nuclear weapons arsenal — an arsenal over which neither he nor IAI have any command-and-control. There are eight countries in the world with declared nuclear arsenals, four of which — the United States, China, India, and Russia — have a complete nuclear triad. Israel's triad has some notable distinctions and limitations compared to those of the other four. "Israel's nuclear triad bears the hallmarks of a regional nuclear triad as seen in India and Pakistan, rather than seeking globe-spanning strike capability," Sebastien Roblin, a widely published military-aviation journalist, told Business Insider. "Israel's nuclear deterrent is not designed to ward off great powers like Russia or China, but rather regional powers like Egypt and Iran," Bohl told BI.

Persons: —, Yair Katz, Israel, Katz, Russia —, Sebastien Roblin, Roblin, Ryan Bohl, RANE, Bohl, Nir Ben, Yosef Organizations: Service, Business, Israel Aerospace Industries Workers ' Council, Iran's United Nations, IAI, Jericho, Israel Aerospace Industries, Dolphin, East, Facebook, Air Force's, Israel, US Air Force, IAF, nukes Locations: Israel, Lebanon, Iran, Yemen, Syria, Iraq, United States, China, India, Russia, Pakistan, North Africa, Egypt, Jericho

☆ ‘My vision went dark’: CNN reporter experiences 6G-force before hitching a fighter jet ride
▼ + stars: | 2024-06-22 | by ( Brad Lendon | ) edition.cnn.com time to read: +11 min

Four South Korean F-4 fighter jets fly in formation on May 8, 2024, during a commemorative final flight of the aircraft. That test would come a few weeks before the F-4 flight at a South Korean Air Force medical facility south of Seoul. Lendon in the back seat of a South Korean F-4 Phantom flying over southern South Korea on May 8, 2024. South Korean Air Force F-4s flying in formation with two KF-21 fighter jet prototypes over southern South Korea on May 8, 2024. A total of 120 are expected to be delivered to the South Korean Air Force by 2030, and the jet is expected to be exportable.

Persons: Douglas, Lendon, –, didn’t, I’m, It’s, Neil Armstrong, John Glenn, I’d, don’t, South Korea Brad Lendon, Daegu –, vomited, “, ”, wouldn’t Organizations: South Korea CNN —, South Korean Air Force, US Navy, CNN, US Navy Blue Angels, US Air Force Thunderbirds, hometown Cleveland National Air, South, McDonnell, US, Korean, Wright, Daegu Air Base, Daegu, General, KF, Korean Air Force, South Korean Air Force Korea Aerospace Industries, Phantoms, Boeing, South Korean Airforce, Suwon Air Base Locations: Suwon, South Korea, Midway, Japan, Vietnam, North Korea, Seoul, Greece, Turkey, Iran, Daegu, Ohio, Korean, South Korean

☆ Ukraine got the go-ahead to hit Russia with F-16s, but doing so could be a waste of a good jet
▼ + stars: | 2024-06-20 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +11 min

Read previewNATO member Denmark has given Ukraine permission to use the F-16s it receives to hit military targets within Russia. AdvertisementThe exact number of F-16s Ukraine will get to begin with is unclear, but it's not expected to be many. But in Russia, Ukrainian aircraft can also expect to battle the Russian Air Force in addition to enemy air defenses. It would also bolster a capability that has been heavily strained by relentless Russian attacks, and that's air defense. But they said these fighter jets will be useful for Ukraine by replenishing lost aircraft, deterring Russian jets, and acting as defenses.

Persons: —, George Barros, Israel Aerospace Industries Barros, it's, Mark Cancian, Tim Robinson, Peter Layton, Volodymyr Zelenskiy, Mette Frederiksen, Ritzau Scanpix, Mads Claus Rasmussen, there's, Michael Clark, Clark, Cancian, ISW, Layton, Robinson, DIMITAR DILKOFF, Noble, Chanceler Organizations: Service, Business, Ukraine, Analysts, Israeli Military Industries Systems, Israel Aerospace Industries, Marine, Center for Strategic, International Studies, UK's Royal Aeronautical Society, Griffith Asia Institute, Royal Australian Air Force, Denmark's, Skrydstrup Airbase, REUTERS, Politico, Republicans, Russian Air Force, Getty, Noble Eagle, US Air Force Locations: Denmark, Ukraine, Russia, Moscow, Russian, Israeli, Netherlands, Norway, Belgium, France, Skrydstrup, Vojens, Arizona, Romania, British, Crimea, Ukrainian, AFP

☆ Activist Elliott settles for a new director at Sensata. These next steps may help boost shares
▼ + stars: | 2024-05-11 | by ( Kenneth Squire | ) www.cnbc.com time to read: +7 min

Business: Sensata Technologies is an industrial technology company that develops, manufactures and sells sensors, electrical protection components and other products. Activist Commentary: Elliott is a very successful and astute activist investor. Elliott often watches companies for many years before investing and has an extensive stable of impressive board candidates. At the same time, Sensata also noted that Elliott settled for a board seat for Phillip Eyler (president and CEO of Gentherm), effective on July 1. As Sensata sensors are used in both combustion and electric vehicles, the current trend to hybrid gives the company a sort of 2-for-1 demand for its products.

Persons: Elliott, Jeff Cote, Martha Sullivan, Sensata, Phillip Eyler, Russell, Sullivan, Eyler, Ken Squire Organizations: Sensata Technologies, Xirgo Technologies, SmartWitness Holdings, 13D Locations: COOs, Cote, Sensata

☆ Israel hit Iran with a half-ton supersonic 'Rampage' missile, report says
▼ + stars: | 2024-04-21 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

Israel used a "Rampage" missile in its strike on Iran, Israeli media reported. AdvertisementIsrael used a long-range, supersonic missile in its strike on Iran earlier this week, Israeli broadcaster Kan reported, per The Times of Israel. US officials said Israel carried out a missile strike on a military base near the city of Isfahan, Iran, on Friday. While it remains unclear what weapons were used in the strike, Kan reported that Israel used a "Rampage" air-to-surface missile, claiming it was identified in photos and that damage caused by the attack was consistent with a Rampage strike, per The Times of Israel. The Rampage missile was designed by Israel Aerospace Industries (IAI) for use against targets such as "communication and command centers, air forces bases, maintenance centers and infrastructure," according to the company's website.

Persons: Israel, —, Kan Organizations: Service, Rampage, Israel Aerospace Industries, YouTube, New York Times, Business, IDF, IAI, Royal Air Force Locations: Iran, Israel, Israeli, Isfahan, Tehran, Ukraine

☆ Boeing helped develop Israel's Arrow 3 missile defense system, which 'proved itself' during Iran's retaliatory attack
▼ + stars: | 2024-04-14 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Israel's Arrow 3 system helped intercept drones and missiles during Iran's retaliatory attack. Boeing helped develop the Arrow 3 system, which was funded largely by the US. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIsrael intercepted the majority of the airborne drones and missiles Iran fired in its retaliatory attack on Saturday thanks to an advanced air defense system that Boeing helped develop. Israel's Arrow 3 system — first deployed in 2017 — is the top level of its air defense network and is designed to intercept targets in space.

Persons: Arrow, — Organizations: Boeing, Service, Israel, Iran, Israel Aerospace Industries, The New York Times, Business Locations: United States

☆ An Arms Smugger, a Daring Heist, and the Birth of Israel
▼ + stars: | 2024-03-24 | by ( David Kushner | ) www.businessinsider.com time to read: +35 min

Joining the Haganah, Schwimmer discovered, wasn't as easy as just strolling through the door. "He felt he had to do his part in creating a Jewish state, so this could never happen again," Schwimmer recalled. Rather than melt down the surplus weapons for scrap, Liff told Greenspun to take as much as he wanted — free of charge. "It went against the grain to buck the same government we had fought to preserve only a few years before," Hank Greenspun recalled. In 2001, at the urging of Brian Greenspun, Schwimmer received a presidential pardon from Bill Clinton.

Persons: Danny Schwimmer, They'd, Rina, Al —, David Ben, Gurion, Al Schwimmer, Schwimmer, Bugsy Siegel's, Meyer Lansky, Frank Sinatra, Sinatra, —, Boaz Dvir, Israel —, Danny, Al, I've, Hank Greenspun, Greenspun, Brian, Adolph, Dick Tracy, " Schwimmer, Wing Walker, America, Yehuda Arazi, Arazi, they'd, Schwimmer's, Sam Lewis, Leo Gardner, Milton, Milt, Rubenfeld, Paul Reubens, Herman, Reubens, Bugsy Siegel, Siegel, — Schwimmer, Nathan Liff, Liff, PhotoQuest, Bernarr McFadden, Pat, Ptacek, Rafael Trujillo, Teddy Kollek, Erwin Johnson, Bill Gerson, Gerson, Bud King, Gerson's, Ben, Joel Kimmel, Lewis, Lansky, hadn't, Tommy, Messerschmitts, David, Milt Rubenfeld, Israel, Charlie Winters, Winters, weren't, aren't, America's, Joseph McCarthy, John F, Kennedy, Brian Greenspun, Golda Meir, Bill Clinton Organizations: Israeli Air Force, TWA, Haganah, United Nations, Lockheed Air, Los Angeles Examiner, USC, Getty, US Naval, Schwimmer Aviation, FBI, UN, Customs Service, Palestine . Volunteers, Embassy, Israel, Service Airways, State Department, BI, Pepsi, Zionist, Nazi, Star, American, Avia, Messerschmitt, Pennsylvania State University who's, Las, Sun, Israel Aerospace Industries, IAI, they're, Israeli Locations: Tel Aviv, Israel, Connecticut, Palestine, New York, Copacabana, United States, Hungary, Auschwitz, storages, Arizona, Bridgeport, Rome, Burbank , California, Burbank, Las Vegas, Hawaii, Oahu, Santa Claus, California, Washington, Burbank ., Acapulco, Mexico, it's, Mexico City, Central, South America, Dominican Republic, China, America, Mexican, Panama, Panamanian, Corsica, Oklahoma, Detroit, Suriname, Brazil, Senegal, Casablanca, Sicily, Catania, Europe, Czechoslovakia, Czech, Egypt, Cairo, Los Angeles, American, Gaza, Iran

☆ 'America's greatest gift to Israel'
▼ + stars: | 2024-03-24 | by ( David Kushner | ) www.businessinsider.com time to read: +35 min

As the country's founder and first prime minister, David Ben-Gurion, once declared, "America's greatest gift to Israel was Al Schwimmer." Joining the Haganah, Schwimmer discovered, wasn't as easy as just strolling through the door. "He felt he had to do his part in creating a Jewish state, so this could never happen again," Schwimmer recalled. Rather than melt down the surplus weapons for scrap, Liff told Greenspun to take as much as he wanted — free of charge. In 2001, at the urging of Brian Greenspun, Schwimmer received a presidential pardon from Bill Clinton.

☆ China's economy looks like a mess — but some sectors are quietly doing well in its '2-speed economy'
▼ + stars: | 2024-02-29 | by ( Huileng Tan | ) www.businessinsider.com time to read: +7 min

Meanwhile, its financial markets are bleeding, the property market has gone up in smoke, local government debt appears alarming, and foreign investors are exiting in droves. Real estate — which was a huge part of China's economy — has been hit badly, he said. AdvertisementTravel has picked up after years of pandemic lockdownServices is another pillar of China's economy that Beijing has been trying to build up. AdvertisementThis is in part because new growth industries are not able to take the place of real estate — yet. Because the property market accounts for one-quarter of China's GDP and more than two-thirds of household wealth, its overall drag on China's economy is much greater than whatever is doing well right now.

Persons: —, Rory Green, GlobalData.TS Lombard, AllianceBernstein, John Lin, Lin, Donald Trump's, Louise Loo, Wood Mackenzie, AllianceBerstein's Lin, Nomura, Loo Organizations: Service, Business, Bloomberg TV, Oxford Economics, Nomura, Oxford Locations: China, GlobalData.TS, Real, COVID, Beijing, Europe, Taiwan, South Korea

☆ Population and economy in South Carolina are booming
▼ + stars: | 2024-02-24 | by ( Tami Luhby | Alicia Wallace | ) edition.cnn.com time to read: +12 min

“And, of course, South Carolina is in the heart of the Southeast.”Job seekers check-in to a job fair at a Schneider Electric manufacturing facility in Hopkins, South Carolina, in January 2023. “You can reach about twice as many people within an 8-hour drive from South Carolina as you can from Florida,” he said. “The housing market and the manufacturing industry, particularly in South Carolina, saw a major increase in demand,” Von Nessen said. South Carolina home sale activity fell by double-digits in 2022 but has since started to stabilize, he said. “We’re just treating so many more patients that we don’t have capacity,” said Thornton Kirby, CEO of the South Carolina Hospital Association.

Persons: ” Joseph Von Nessen, Darla Moore, ” Von Nessen, ”, it’s, It’s, Sean Rayford, Barrie Kirk, “, Von Nessen, Micah Green, “ We’re, Thornton Kirby, Malcolm Isley, “ We’ve, ” Isley, Arnold Kamler, Inc . Kent, Kent, Kamler, Nikki Haley, —, Daniel Slim, Scott Huffmon, Donald Trump, Haley, they’d Organizations: CNN, Palmetto State, of Labor Statistics, University of South, of Business, North, SC Council, Competitiveness, Bureau of Labor Statistics, Labor, Midlands Technical College, Technical College Midlands Technical College, Schneider, Bloomberg, Getty, Census, US Federal Reserve, US News, South Carolina Hospital Association, “, Prisma, Health Prisma Health, Greenville Technical College, Health Center for Health, Life Sciences, Kent International, Walmart, Kent, Inc ., Winthrop University, —, Charleston City Market, Winthrop’s Center, Public, Research, Palmetto, Republican, Trump, CBS Locations: South Carolina, South, “, Carolina, Myrtle Beach , South Carolina, North America, University of South Carolina, West Columbia, United States, Hopkins , South Carolina, Florida, droves, Myrtle Beach, ’, Manning, New York City, Georgia, Charleston, AFP

☆ Turkey didn't get the F-35, but the new fifth-generation fighter jet it's been working on just made its first flight
▼ + stars: | 2024-02-21 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Turkey's first domestically made fighter jet successfully completed its maiden flight, and a new video captured the moment for the new fifth-generation aircraft. It's a major step forward for Turkey's efforts to acquire a fifth-generation fighter. The country was previously kicked out of the US-led F-35 program in 2019 as a consequence for purchasing S-400 air-defense systems from Russia. Turkey's aim is to field fifth-generation fighter jets that will eventually replace the country's F-16 fleet. Wednesday's flight heralds a promising step forward for Turkey, especially after it was expelled from the US-led F-35 Joint Strike Fighter program.

Persons: —, Turkey's, yerli, Temel Kotil, Recep Erdogan, Samuel King Jr, Fielding Organizations: Service, Turkish Aerospace Industries, Turkish Air Force, Eglin Air Force Base, US Air Force, senior Defense Department, Pentagon Locations: Russia, Turkey, Russian, NATO, Turkish

☆ South Korea wants to become one of the world's biggest arms dealers
▼ + stars: | 2023-11-27 | by ( Victor Loh | Nessa Anwar | ) www.cnbc.com time to read: +1 min

From 2018 to 2022, South Korea was the ninth largest weapons supplier globally, ahead of Israel, the Netherlands and Turkey. In recent years, South Korea has edged out stiff competition from Western defense manufacturers and cheaper Chinese developers with government support, attractive pricing and faster delivery times. "The government will nurture the defense industry into a state-of-the-art strategic industry that leads economic growth," South Korean President Yoon Suk Yeol has stated. Today, the biggest South Korean defense companies include Hanwha, Korea Aerospace Industries, LIG Nex11 and Hyundai Rotem. But are these factors enough for South Korea to become one of the world's biggest arms dealers?

Persons: Yoon Suk Yeol, Kim Dae, Jumong Kim, Oskar Pietrewicz, Pietrewicz Organizations: Korea Aerospace Industries, LIG, Hyundai Rotem, Hanwha Aerospace, CNBC, South Korean Locations: South Korea, Israel, Netherlands, Turkey, Seoul, United States, Russia, France, Korean, Hanwha, Korea, China, Poland

☆ Israel's pavilion at the Dubai Airshow sits empty against backdrop of Gaza war
▼ + stars: | 2023-11-14 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

DUBAI, United Arab Emirates — Amid the bustle and footfall of thousands of visitors and exhibitors at the 2023 Dubai Airshow, one pavilion is notably empty: that of Israel. Two years later, and one month into Israel's war against Hamas in the Gaza Strip, the scene is unrecognizable. On the show's first day, the IAI pavilion was surrounded by a red cordon, which was removed by the second day. IAI and Elbit Systems did not reply to an emailed CNBC request for comment. CNBC contacted two representatives of Israeli defense firms that attended the airshow in 2021; they said they did not attend this year's show because they had been drafted into the country's military.

Persons: Abraham, Emiratis, Rafael, SIBAT Organizations: United Arab Emirates, Abraham Accords, United Arab, Hamas, Israel Aerospace Industries, Elbit Systems, Rafael Advanced Defense Systems Ltd, IAI, CNBC, Israel's International Defense Cooperation Directorate, Defense Locations: DUBAI, United Arab, Dubai, Israel, United Arab Emirates, Gulf, Gaza

☆ Boeing wins orders worth $52 billion from Emirates at the Dubai Air Show
▼ + stars: | 2023-11-14 | by ( Associated Press | ) www.businessinsider.com time to read: +7 min

Emirates announced an order worth $52 million that includes 90 Boeing 777s at the Dubai Air Show . The orders marked a significant win for Boeing on the first day of the air show. AdvertisementAdvertisementDUBAI, United Arab Emirates (AP) — Long-haul carrier Emirates opened the Dubai Air Show Monday with a $52 billion purchase of Boeing aircraft, showing how aviation has bounced back after the groundings of the coronavirus pandemic, even as Israel's war with Hamas clouds regional security. Emirates, a main economic engine for Dubai amid its booming real estate market, announced record half-year profits of $2.7 billion Thursday. The deal includes 28 Boeing 737-8s and 17 Boeing 737-10s models, as well as the opportunity for another 45 Boeing 737 MAX aircraft.

Persons: —, Sheikh Hamad bin Mohammed Al Maktoum, Sheikh Ahmed bin Saeed Al Maktoum, Sheikh Saeed, Stan Deal, — Rafael, Israel Aerospace Industries —, Rafael, Khalifa Hifter Organizations: Emirates, Boeing, Dubai Air, Service, United Arab Emirates, Investment Corporation of Dubai, Al, Dubai World, Dubai International Airport, U.S . Air Force, Defense Systems, Israel Aerospace Industries, IAI, Meets Technology, Russian Helicopters, U.S, Roscosmos, Russian Knights, Associated Press, Libyan National Army, AP, United, Haqqani, Airbus, International Air Transport Association ., . Emirates, Riyadh Air, Turkish Airlines, Anadolu, Lufthansa, MAX, Royal Jordanian, Royal Air Maroc Locations: DUBAI, United Arab, Dubai, Sheikh, Emirates, Israel, Ukraine, Iran, UAE, Abu Dhabi, Russian, Afghan, Al, Riyadh, Saudi, Latvia, France

Emirates is a heavyweight when it comes to East-West travel out of Dubai International Airport, the world's busiest for international travel. In March, the airline announced an order of up to 72 Boeing 787-9 Dreamliner jetliners and has further plans to expand. Other purchases Tuesday included:— Emirates announced $1.2 billion in deals with French firm Safran, including for seats. — Emirates announced plans for a $950 million maintenance facility at Al Maktoum International Airport, the city-state's second airfield. — Boeing and SCAT Airlines of Kazakhstan announced the airline would purchase seven Boeing 737 MAX aircraft.

Persons: —, Tim Clark's, FlyDubai, Clark, ” Clark, — Rafael, ”, they’ve, “, Mesfin Tasew, Safran, — EgyptAir Organizations: United Arab Emirates, Emirates, Airbus, Royce, Dubai Air, Boeing Co, Boeing, Ethiopian Airlines, Al Maktoum International Airport, Rolls Royce, Associated Press . Emirates, Dubai International Airport, Ben Gurion International, Defense Systems Ltd, Israel Aerospace Industries, IAI, Courage Meets Technology, Riyadh Air, Dubai, United Nations, Aviation, SAF, Ethiopian, Boeing MAX, MAX, — Emirates, Al, Airlines Locations: DUBAI, United Arab, Al Maktoum, East, West, Dubai, Israel, Gaza, Emirates, Tel Aviv, Riyadh, Saudi, Saudi Arabia, Sydney, Australia, Addis Ababa, Kazakhstan

[1/2] Boeing Commercial Airplanes CEO Stanley Deal poses with Emirates airline COO Adel Al Redha and flyDubai CEO Ghaith Al Ghaith after Emirates airline and flyDubai placed orders at the Dubai Airshow for new aircraft from Boeing, in Dubai, United Arab Emirates, November 13, 2023. "Together these orders represent significant investments that reflect Dubai's commitment to the future of aviation," said Emirates and flyDubai Chairman Sheikh Ahmed bin Saeed Al Maktoum. In New York, Boeing shares rose 4.4% after the orders, which also included 45 narrow-body 737 MAX for German-Turkish airline SunExpress. LOWER BOOKINGSOther significant orders appeared to be in the works without being played out in public in Dubai. Saudi Arabia's newest airline Riyadh Air said it is still in talks with planemakers to place an order for narrow-body jets.

Persons: Stanley Deal, Adel Al Redha, Ghaith Al, Alexander, flyDubai, Sheikh Ahmed bin Saeed Al Maktoum, Joe Biden, Xi Jinping, Steven F, planemakers, Asharq, there's, Daniel Silke, Rafael, Tim Hepher, Alexander Cornwell, Pesha Magid, Valerie Insinna, Hugh Lawson, Lisa Shumaker, Navaratnam, Sharon Singleton Organizations: Boeing Commercial, Emirates, Dubai Airshow, Boeing, United Arab Emirates, REUTERS, Companies, Airbus, Turkish Airlines Airbus, Dubai, Aviation, SunExpress, Bloomberg, Industry, Air Lease Corp, Reuters, Turkish Airlines, Anadolu, Dubai . Saudi Arabia's, Riyadh Air, Saudia Airlines Group, Saudia Airline, Royal, Cape, Consultancy, rearm, Russia, Israel Aerospace Industries, IAI, Rafael Advanced Defense Systems, Thomson Locations: Ghaith Al Ghaith, Dubai, United Arab, DUBAI, Government, Emirates, New York, Turkish, UAE, Qatar, Saudi Arabia, Turkey, India, Gulf, Dubai . Saudi, Riyadh, Israel, Gaza, Cape Town, United States, rearm Ukraine

☆ Israel weapons makers leave stands empty at Dubai Airshow
▼ + stars: | 2023-11-13 | by ( Alexander Cornwell | ) www.reuters.com time to read: +3 min

DUBAI, Nov 13 (Reuters) - The exhibition stands of Israeli weapons makers Israel Aerospace Industries (IAI) and Rafael Advanced Defense Systems were empty at the start of the opening day of the weeklong Dubai Airshow on Monday, amid the Israel-Hamas war in Gaza. It was not immediately clear why there were no staff at either exhibition stand, which were located close to the pavilion of United Arab Emirates state arms maker EDGE. IAI and EDGE signed joint development programmes at the last Dubai Airshow in 2021. The IAI exhibition stand was blocked off with red rope. The UAE became the most prominent Arab nation to establish diplomatic ties with Israel in 30 years under the U.S.-brokered Abraham Accords in 2020.

Persons: Rafael, Gaza –, Abraham, Sheikh Mansour bin Zayed Al Nahyan, Sheikh Mohamed, Alexander Cornwell, Christopher Cushing Organizations: Israel Aerospace Industries, IAI, Rafael Advanced Defense Systems, United Arab, EDGE, Palestinian Hamas, UAE, Israel, Elbit Systems, Reuters, The, U.S, Abraham Accords, Arab League, of Islamic Cooperation, Thomson Locations: DUBAI, Dubai, Israel, Gaza, United Arab Emirates, Palestinian, Israeli, UAE, Arab, U.S, The UAE

DUBAI, United Arab Emirates (AP) — The biennial Dubai Air Show opened Monday as airlines are poised to make major aircraft purchases after rebounding from the groundings of the coronavirus pandemic, even as Israel's war with Hamas clouds regional security. That conflict, as well as Russia's war on Ukraine, likely will influence the five-day show at Al Maktoum Airport at Dubai World Central. It is the city-state's second airfield after Dubai International Airport, which is the world's busiest for international travel and home base for the long-haul carrier Emirates. Air traffic is now at 97% of pre-COVID levels, according to the International Air Transport Association. Emirates, a main economic engine for Dubai amid its booming real estate market, announced record half-year profits of $2.7 billion Thursday.

Persons: — Rafael, ”, Rafael, Tim Clark, “ We've, ” Clark, “ Organizations: United Arab Emirates, Dubai Air, Al, Dubai World, Dubai International Airport, Emirates, Defense Systems Ltd, Israel Aerospace Industries, IAI, Courage Meets Technology, Russian Helicopters, U.S, ROSCOSMOS, Global, Airbus, International Air Transport Association ., . Emirates, Bloomberg, Boeing, Riyadh Air, Turkish Airlines, Anadolu Locations: DUBAI, United Arab, Ukraine, Dubai, UAE, Israel, Abu Dhabi, Russian, Al, Riyadh, Saudi

The discussions at the Dubai International Air Chiefs’ Conference, held ahead of the biennial Dubai Air Show this week, shows the delicate balancing act the federation of seven sheikhdoms faces. The UAE maintains diplomatic ties with Israel despite widespread and growing anger in the Arab world over the civilian casualties from Israel's offensive in the Gaza Strip against Hamas. The Air Chiefs' Conference demonstrates how those ties continue, particularly as Rafael Advanced Defense Systems Ltd., an Israeli defense manufacturer, was a sponsor of the summit. Sunday's summit drew attendees from across the world, though it did not appear there were any Israeli military officials on hand. While staying away from discussing the Israel-Hamas war, U.S. Air Force Brig.

Persons: Israel, Rafael, David A, we're, ” Mineau, ”, Mineau, “, Luca Goretti, Goretti Organizations: United Arab Emirates, Sunday, United, Dubai International Air Chiefs ’ Conference, Dubai Air, Hamas, The Air Chiefs, Conference, Rafael Advanced Defense Systems Ltd, Dubai Air Show, Israel Aerospace Industries, IAI, Health Ministry, Stockholm International Peace Research Institute, Houthi, U.S . Air Force, America, American military's, Command, Italian Air Force Locations: DUBAI, United Arab, United Arab Emirates, UAE, Israel, Gaza, West, Saudi Arabia, Iran, India, Stockholm, Qatar, Saudi, Abu Dhabi, Tehran, Sunday's, Western, China, U.S, NATO, Ukraine

☆ Japan and South Korea defense stocks jump after Hamas attack, aviation stocks slide
▼ + stars: | 2023-10-10 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

At his first troop review Saturday, Kishida renewed his pledge to consider "all options," including acquiring enemy base strike capability. Japanese and South Korean defense stocks surged on Tuesday as both stock markets returned to their first day of trading following the weekend attack of Israel by Palestinian militants Hamas. In South Korea, defense heavyweights Hanhwa Aerospace — which builds artillery and air defense systems — gained 2.23%, while Korea Aerospace Industries rose 4.07%. KAI produces fighter jets and aviation platforms for the South Korean military. Smaller South Korean defense players saw bigger gains.

Persons: Fumio Kishida, Kishida, Israel, KAI Organizations: Japan's, Defense Force, Hamas, Hanhwa Aerospace, Korea Aerospace Industries, South Korean, Kawasaki Heavy Industries, Japan's Self Defense Forces Locations: Japan, Tokyo, Israel, Gaza, South Korea

For nearly three decades – from fiscal years 1974 to 2002 – Israel was the top recipient of U.S. aid, the longest-standing duration for a top aid recipient dating back to 1946, according to figures from ForeignAssistance.gov. While 2003 to 2020 saw the most aid going to either Iraq or Afghanistan, Israel nevertheless remained a top three aid recipient throughout that time. In 2021, U.S. obligations to Israel amounted to $3.31 billion, a figure that saw Israel returning to the top spot among aid recipients that year. Almost all U.S. aid to Israel recently has been military aid rather than economic aid, in the form of Foreign Military Financing grants – U.S. grants and loans to Israel for acquiring U.S. military equipment and services. Israel saw that rate peak at 30.5% in 1975, but it has slowly been descending since.

Persons: Biden, Gerald R, Ford, Israel, – Israel, Christine Wormuth, Kevin McCarthy’s, Israel’s Rafael, – Organizations: United, Foreign Military Financing, U.S, Congressional Research Service, CRS, Israel Defense Forces, Defense Systems, Raytheon, Raytheon Rafael, Protection Systems, Israel Aerospace Industries, Boeing, Israel, World Bank, Russia, USAID . Missile Locations: Israel, U.S, United States, Egypt, ForeignAssistance.gov, Iraq, Afghanistan, Ukraine, – Israel

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