Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Control Systems"


25 mentions found


Activist investor Elliott Management has a $5 billion-plus stake in Honeywell , and it is pushing the industrial conglomerate to break itself up into two companies. Elliott managing partner Jesse Cohn and partner Marc Steinberg wrote in a Tuesday letter that "the conglomerate structure that once suited Honeywell no longer does." Elliott believes that dividing Honeywell into two companies could unlock upside of as much as 75% over the next two years. In the past, Cohn and Steinberg wrote, Honeywell's carefully assembled businesses had previously driven "consistent" margin improvements. A Honeywell spokesperson said that the company and its board "acknowledge and appreciate the perspectives of all our shareholders."
Persons: Elliott, Jesse Cohn, Marc Steinberg, Vimal Kapur, Cohn, Steinberg, Honeywell's Organizations: Honeywell, Elliott Management, Aerospace Locations: Morristown , New Jersey
CNN —Spurred by increasing global demand for air travel, aviation emissions have been rising faster than those from rail, road, or shipping in recent decades. The Natilus Horizon passenger plane aims to reduce emissions by 50%, and increase payload by 40%, due to its blended-wing body shape. Matyushev says the blended wing body design originated in the 1990s from McDonnell Douglas, a major American aerospace manufacturer that merged with Boeing in 1997. Boeing never commercialized a blended wing plane, but studied the concept and produced an unmanned prototype, the X-48. “One of the challenges with the blended wing body design is stability and control,” he explains.
Persons: JetZero, Natilus, , Aleksey Matyushev, Matyushev, McDonnell Douglas, , , you’re, Gary Crichlow, Max, ” Natilus, Crichlow Organizations: CNN, Aviation, SAF, Airbus, Boeing, Max, Aviation News Limited Locations: California, San Diego, Kona, American, Natilus, JetZero
A startup planemaker announced a 200-passenger "blended wing body" plane to rival Airbus and Boeing. AdvertisementAircraft manufacturer Natilus wants to build a new type of airliner to rival Airbus and Boeing as the industry demands more efficient planes. Natilus said its Horizon plane would be up to 50% more fuel efficient per passenger. Natilus joins a growing list of BWB plane developers. Airbus announced its BWB jetliner in 2020, while JetZero unveiled its "Pathfinder" widebody BWB design in April.
Persons: , Natilus, Aleksey Matyushev, Matyushev, it's, Natilus Matyushev, JetZero Organizations: Airbus, Boeing, Service, Aircraft, Airlines, Max, SAF, Emirates Locations: California, Europe, Hawaii, Kona
Aetherflux aims to launch a constellation of satellites to transmit solar power to Earth using infrared lasers. Bhatt told BI why he's joining the commercial space race and what Robinhood taught him about capitalism. AdvertisementAetherflux aims to create a constellation of satellites in low Earth orbit (LEO) that will collect solar power and beam it down to receptors on Earth using infrared lasers. Caltech's president, Thomas F. Rosenbaum, said the project had shown them that solar power beamed from space "is still a future prospect" but that it "should be an achievable future." The science has already been demonstrated; it's just going to be an engineering and economic feat to prove it can be done from space, Bhatt said.
Persons: Baiju Bhatt, Bhatt, Robinhood, , Vlad Tenev, Elon, Baiju Bhatt Bhatt, Thomas F, Rosenbaum, it's, he'd, you'll, Spencer Platt, Matthew Weinzierl, Weinzierl, Einstein, Aetherflux Organizations: he's, Service, California Institute of Technology, NASA, Langley Research Center, Stanford, DARPA, Investment, Space Angels, McKinsey, Harvard Business School, SpaceX, Getty, Apex, Forbes Locations: India, Anadolu, Bay
Propagandists seeking to influence elections around the globe have tried to use ChatGPT in their operations, according to a report released Wednesday by the technology’s creator, OpenAI. OpenAI said in its report that this year it has stopped people who tried to use ChatGPT to generate content about elections in the U.S., Rwanda, India, and the European Union. They also used ChatGPT to create social media posts in support of those sites, according to the report. They were part of a larger campaign that repeatedly spammed pro-party posts on X, a documented propaganda campaign that posted messages — often the same few messages — more than 650,000 times. According to OpenAI’s report, they also tried to get ChatGPT to tell them the default login credentials for other companies that provide industrial control systems software.
Persons: OpenAI, It’s, it’s, Donald Trump’s, ChatGPT, , Washington didn’t, Ben Nimmo, ” Nimmo Organizations: European Union, U.S, Patriotic, United Nations, Treasury Department, Embassy Locations: U.S, Rwanda, India, Iran, Russia, China, Israel, Israeli, Jordan, cybersecurity, Washington
The C919 is China’s first homegrown mainline passenger plane, manufactured by the Shanghai-based state-owned Commercial Aircraft Corporation of China (COMAC). Steven Jiang/CNNI was happy to hear the flight attendant highlight the aircraft type in his pre-takeoff briefing. “Today you’re flying with Air China C919 aircraft, which is the first large airliner independently developed by China,” he said, as the jet taxied to the runway. Air China serves hot meals in economy during meal hours even for short-haul flights (today’s flying time: 1 hour 40 minutes). As far as my passenger expectation goes, this C919 flight has earned a solid B in terms of safety and comfort.
Persons: Beijing CNN —, I’ve, Steven Jiang, CNN Long, , deplaning, don’t, COMAC Organizations: Beijing CNN, Boeing, Airbus, Air, Commercial Aircraft Corporation of China, China Eastern Airlines, CNN, International, Air China, Air China C919, China, Hongqiao Locations: Beijing, Air China, Shanghai, Europe, China, Southeast Asia, Africa
CNN —A group of key House Republicans have written to President Joe Biden urging him to lift the restrictions on the use of US-provided long-range weapons systems and allow Kyiv to strike targets deep inside Russia. The UK is also considering whether to allow Ukraine to strike deeper inside Russia with its own long-range system, the Storm Shadow. “No change to policy,” one senior administration official said, adding that there is currently no openness to lifting restrictions. Last month, senior Ukrainians presented US officials with targets they would like to strike in Russia during a visit to Washington. But the Ukrainians say there are weapons productions facilities that would be within reach of the ATACMS inside Russia that are worthy military targets, a source familiar with the Ukrainians position told CNN.
Persons: Joe Biden, Volodymyr Zelensky, Antony Blinken’s, Biden, Blinken, David Lammy, Keir Starmer, , Michael McCaul, Michael Turner, Mike Rogers, Ken Calvert, Thomas Kean, Richard Hudson, “ Biden, Harris, Donald Trump, Defense Lloyd Austin, ” Austin, , ” Blinken, “ It’s, Zelensky, ” John Kirby, It’s, CNN’s MJ Lee Organizations: CNN, Republicans, British, UK, House Foreign, House Intelligence, House Armed Services, House, Helsinki, Republican, Defense, Ukraine Defense Contact Group, Ukraine “, Ukraine, Russian, US National Security Council Locations: Kyiv, Russia, Ukrainian, Ukraine, Washington, London, U.S, Germany, Russia’s Kursk, Iranian, Crimea
The report, released Thursday by NASA’s Office of Inspector General, calls into question Boeing’s standards and quality control for its part in NASA’s efforts to return astronauts to the moon. But according to the report, Boeing’s quality control systems fall short of NASA’s requirements, and some known deficiencies have gone unaddressed. Now, the report from NASA's inspector general has found that the second stage of the Space Launch System — the part Boeing is responsible for — is significantly over budget. As for Boeing's quality control practices, the NASA inspector general said that from 2021 to 2023, federal oversight officers issued 71 “Corrective Action Requests” to address “deficiencies in quality.”Many of the requests took aim at Boeing’s work at NASA’s Michoud Assembly Facility in Louisiana. “Quality control issues at Michoud are largely due to the lack of a sufficient number of trained and experienced aerospace workers at Boeing,” the report said.
Organizations: NASA’s, Boeing, International Space Station, NASA Locations: Michoud, Louisiana
Finance, health care and other regulated industries should consider their specific needs and tailor their defenses with military-grade components, he added. The implementation of military-grade cybersecurity is not without challenges. In 2024, regulated industries have witnessed a significant increase in both the number and cost of data breaches. Frederic Rivain, chief technology officer of Dashlane, holds a contrarian view on the need for military-grade defenses. "Multifactor authentication is important, and you must have it, but you still need to have multiple layers," Two Bears said.
Persons: CrowdStrike, Javad Abed, Abed, shouldn't, Cole, Didi, National Intelligence Avril Haines, Gen, Gary Orenstein, Orenstein, doesn't, Frederic Rivain, Rivain Organizations: Johns Hopkins Carey Business School, Delta Air Lines, Finance, IBM, Ponemon Institute, Bears, Amazon, Data, Verizon, National Intelligence, Employees Locations: ThinkGard, U.S, China, America
Read previewIn a snowy landscape near Stepove in eastern Ukraine, Russian and Ukrainian armored vehicles went head-to-head in what appeared to be a mismatched fight. The Russian tank's turret starts spinning, and then the tank veers off course and crashes into a tree. Advertisement"So armored vehicles dash in, fulfill their combat mission, and then withdraw as fast as they can," said Gressel. Only weeks later, a Bradley took out two BTR-82 Russian armored troop carriers in the same region. AdvertisementParakilas, the RAND analyst, said that the Pentagon is modifying the Bradley vehicles to better defend them against the drone and air attacks that proved devastating against the western-supplied armored vehicles in summer 2023.
Persons: , Vladimir Putin, Bradley, IFV, Gustav Gressel, Jacob Parakilas, Gressel, Scott Peterson, they've, Abrams Organizations: Service, 47th Mechanized Brigade Bradley, Business, Bradley, Ukraine, Russia, European Council, Foreign Relations, RAND Corporation, CNN, Washington Post, American, LB, Getty, RAND Locations: Stepove, Ukraine, Ukrainian, Russian, Russia, Zaporizhzhia, Baghdad, Adviikva
Moscow says it scrambled fighter jets to intercept two US bombers approaching the Russian border. Russia's Defense Ministry said two B-52H bombers " withdrew" as the jets approached. AdvertisementRussian fighter jets scrambled to intercept two US Air Force B-52H bombers approaching its border, the Russian Ministry of Defense said in a post on Telegram. "Russian airspace control systems located a group aerial target over the Barents Sea waters approaching the State border of the Russian Federation," the post said. MiG-29 and MiG-31 jets were called into action to intercept the bombers and "prevent a violation of the State border."
Persons: Organizations: Russia's Defense Ministry, Service, US Air Force, Russian Ministry of Defense, Russian Federation, Business Locations: Russian, State
Read previewUkraine is operating a small fleet of US-made Abrams tanks, combat-proven vehicles that were built to destroy Russian armor. Another sophisticated Russian tank is the T-80BVM, which according to Oryx has suffered at least 150 losses. Russian Defense Ministry Press Service via APZakon did not specify on T-90 variants when he compared the American-made Abrams to Russian armor. M1A1 Abrams tanks needed for training Ukrainian soldiers await offloading in Grafenwoehr, Germany. "We do need Abrams tanks, we do need people, and first of all, we do need dynamic protection," Zakon said, adding that "we need them as much as possible."
Persons: , Abrams, Ukraine hasn't, YASUYOSHI CHIBA, Vladimir Putin, Gian Gentile, RAND's, it's, Zakon, Volodymyr Zelenskyy, Christian Carrillo, Rinat Organizations: Service, Business, Kyiv, YASUYOSHI, Getty, Mechanized Brigade, Russia, Oryx, Russian Defense Ministry Press Service, AP Zakon, RAND's Arroyo Center, US Army, Ukrainian, US, Spc, Rinat Akhmetov's Locations: Ukraine, Ukrainian, Soviet, Russian, Kharkiv, AFP, Russia, Moscow, Grafenwoehr, Germany
He completed several years of training before heading off to work on offshore oil rigs. Moray West Offshore Wind Farm – Ocean WindsHe made the jump at a good time. Moray West Offshore Wind Farm — Ocean Winds. Mitchell said he'd been able to advance his career in the wind industry a lot faster than in oil and gas. "With offshore wind, there's always new sites going up, and they need so much personnel.
Persons: Shaun Mitchell, Halliburton, Shaun Mitchell wasn't, Mitchell, You'd, you'd, Vestas, Engie that's, He's, it's, he'd, It's Organizations: Service, Halliburton, North East Scotland College, Bloomberg, EDP Renewables, Engie Locations: Scotland, Thailand , New Zealand, Australia, Sydney, Aberdeen, Aberdeen Bay, Moray, Scotland —, China, Britain, Brazil, Colombia, Egypt, India, Japan, Kenya, South Korea, Vestas
ARM Holdings (ARM) offers several technologies instrumental in AI applications, notably its advanced processor designs and intellectual property. Operationally ARM Holdings is very well positioned. In this case, ARM Holdings is currently valued at about $174 billion, more than 56 times trailing 12 months revenues, and recent price action in particular looks extended. This would provide about $27 worth of upside from here, while providing $40 worth of downside insurance in the event that ARM Holdings pulls back. For example the $140/$175/$200 call spread risk reversal here incurs the risk of owning the stock at $140/share.
Persons: isn't Organizations: ARM Holdings, ARM
The United States has approved the $360 million sale of more than 1,000 small armed drones to Taiwan, as the self-ruled island claimed by China aims to strengthen its asymmetrical warfare abilities with an eye on successful tactics used on the battlefield in Ukraine. The proposed sale comes as China increases military pressure on Taiwan, with extensive military exercises around it and almost daily warplane flights near the island. In a statement Wednesday, Taiwan’s presidential office thanked the US for its security commitments, adding this was the Biden administration’s 15th weapons sale to the island since 2021. That includes $6.1 billion in asymmetrical weapon systems, including Harpoon missiles, PAC-3 missile interceptors and MQ-9B aerial drones, Cato said. Many analysts have urged Taiwan to pursue more asymmetrical weapons, which they say would be harder for China to counter than conventional arms in any invasion of the island.
Persons: , Adm, Dong Jun, , Wahid Nawabi, Anduril, Biden, Karen Kuo, Cato Organizations: US Defense Security Cooperation Agency, Communist Party, Taiwan Relations, Washington, Chinese Defense, , Cato Institute, Harpoon Locations: States, Taiwan, China, Ukraine, Taipei, Beijing, Singapore, “ Taiwan, Washington
New York CNN —Car manufacturer Stellantis is recalling 211,581 SUVs and pickup trucks over a software malfunction that could cause their electronic stability control systems to fail. The company said the issue stems from a defective anti-lock breaking system, which in turn deactivates the stability control system. Using a vehicle with a disabled stability system could increase the likelihood of a crash, the National Highway Traffic Safety Administration said Thursday. Multiple studies have found electronic stability control systems tend to reduce fatal collisions, particularly single-vehicle and rollover crashes. The company said customers will be able to bring their cars in to the dealers to update their vehicle’s anti-lock braking systems for free.
Persons: Stellantis Organizations: New, New York CNN —, Traffic Safety Administration Locations: New York, Durango
Jeep reveals its first EV for America
  + stars: | 2024-05-30 | by ( Peter Valdes-Dapena | ) edition.cnn.com   time to read: +3 min
CNN —Jeep, widely known for making rugged off-road vehicles, has unveiled its first fully electric SUV for the North American market. The Wagoneer S will test the appetite of Jeep customers for a fully electric model. It comes at a time of waning interest in electric vehicles, even as regulatory requirements for them become more stringent. The new Wagoneer S has a sleeker, more aerodynamic shape than the Jeep Wagoneer models sold today. Jeep is working on putting the Wagoneer S Trailhawk into production, Filosa said in an interview with CNN.
Persons: Antonio Filosa, that’s, Stellantis, Peter Valdes, Filosa, , Gilles, Organizations: CNN, Jeep, North Locations: Europe, Canada, .
"The Navy had good reason to be optimistic that the frigate program was positioned to deliver capabilities on the schedule it promised," the report said. Advertisement"To reduce technical risk, the Navy and its shipbuilder modified an existing design to incorporate Navy specifications and weapon systems," the report said. "However, the Navy's decision to begin construction before the design was complete is inconsistent with leading ship design practices and jeopardized this approach." In addition to scheduling delays and the halting of ship construction, the Navy has yet to demonstrate frigate propulsion and machinery control systems. However, the report suggests that scheduling delays coupled with changes made to the frigate testing process may allow the Navy to test these two unproven systems on land.
Persons: Organizations: Service, Navy, Business, US Navy, Office, Marinette Locations: Wisconsin
Direct-ascent anti-satellite missiles are fired from Earth to take out a satellite target in space. Since then, China is believed by analysts to have conducted multiple, nondestructive missile tests that could advance its ability to target satellites. Illustration by CNNThat’s because the US has done extensive non-offensive testing of technologies to approach and rendezvous with satellites, including close approaches of its own military satellites and several Russian and Chinese military satellites, SWF says. Chance Saltzman explained why the US felt it needed to be able to counter other countries’ space capabilities. Its tenets may be more relevant now than ever – but potentially under greater threat amid a new focus on military and space.
Persons: , Russia’s, , Rajeswari Pillai Rajagopalan, Zang Jihui, Chance Saltzman, ” Saltzman, Juliana Suess, Kamala Harris, Etienne Laurent, SpaceX’s, Tong Zhao, ” Zhao, doesn’t, RUSI’s Organizations: Hong Kong CNN, Russian, CNN, Getty, Sputnik, Center for Security, Strategy, Technology, Observer Research, Foundation, China, US Space Force, Liberation Army, PLA, Space Force, Washington, CNN That’s, Space, China’s PLA, US Space Command, Vandenberg Space Force, Bloomberg, Union of Concerned, Carnegie Endowment, International Peace, Modern Defense Technology ”, United Nations Security, US Locations: Hong Kong, Ukraine, Russia, Germany, Europe, United States, China, Moscow, North Korea, Iran, Beijing, AFP, Soviet, Soviet Union, America, New Delhi, India, CNN China, Washington, Japan, Guam, France, Australia, Israel, Gaza, London, California, Honolulu, Hawaii, powerlines
Pro-Russia hackers are targeting infrastructure systems in the US and Europe, says a security advisory. Hackers have infiltrated infrastructure sectors in water, dams, energy, and agriculture. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementInfrastructure systems in the US and Europe are vulnerable targets for pro-Russia hackers, numerous security agencies cautioned in a May 1 advisory statement. The agencies observed pro-Russia hackers compromise the operational technology of infrastructure such as "Water and Wastewater Systems (WWS), Dams, Energy, and Food and Agriculture Sectors."
Persons: , Sandworm Organizations: Service, FBI, Infrastructure Security Agency, Wastewater Systems, Energy, Food, Agriculture, Google, Department of Justice Locations: Russia, Europe, North America, Dams, Texas, Ukraine, South Korea
Director of National Intelligence Avril Haines testifies before the Senate Armed Services Committee May 2, 2024 in Washington, DC. The top U.S. intelligence official warned Congress of an alarming rise in cyberattacks at a hearing on global threats Thursday. Director of National Intelligence Avril Haines said the number of ransomware attacks worldwide grew as much as 74% in 2023. The comments from Haines come as various companies, such as UnitedHealth Group , MGM Resorts and Clorox , have been disrupted by cyberattacks in the past year. In 2023, cyberattacks also temporarily shut down MGM's hotel booking system and disrupted production at Clorox.
Persons: National Intelligence Avril Haines, Haines, Sen, Angus King, cyberattacks, They've, That's, King, Andrew Organizations: National Intelligence, Senate Armed Services, UnitedHealth, MGM Resorts, Clorox, cyberattacks, Senate Armed Services Committee, U.S, Healthcare Locations: Washington ,, cyberattacks, U.S, East, Maine, China, Russia, Clorox
The town of Abernathy also reported a water system hack, and the towns of Lockney and Hale Center said hackers tried to breach their water infrastructure but did not succeed. Unlike how David was ready to take on Goliath, our most vulnerable critical infrastructure systems – including water infrastructure – are ill-prepared. The water attacks we’ve seen so far have not had serious consequences for the people they serve. According to the EPA, 90% of the nation’s community water systems are small, public systems bringing water to 10,000 or fewer customers. If we really want to help water utilities defend against cyber threats, we have to close the resource gap.
Persons: Robert M, Lee Dragos, David, we’ve, , Iran –, Homeland Security’s Organizations: CNN, Cyber Army, Hale Center, Islamic Revolutionary Guard Corps, FBI, Rehabilitation, Government, Department, Homeland, Infrastructure Security Agency, National Security Agency, Environmental Protection Agency, Department of Homeland, Local Locations: Russia, Texas, Muleshoe, Abernathy, Lockney, Aliquippa , Pennsylvania, United States, China, North Korea, Iran, Department of Homeland Security’s State
Opinion | What War by A.I. Actually Looks Like
  + stars: | 2024-04-10 | by ( David Wallace-Wells | ) www.nytimes.com   time to read: +2 min
apocalypse — visions that sometimes featured autonomous weapons systems going rogue — you might have expected an enormous and alarmed response. Instead, the report that a war was being conducted partly by A.I. Perhaps that was partly because — to an unnerving degree — experts accept that forms of A.I. are already in widespread use among the world’s leading militaries, including in the United States, where the Pentagon has been developing A.I. Many of us still regard artificial intelligence wars as visions from a science-fiction future, but A.I.
Persons: Yuval Abraham, A.I, Obama, It’s, ” Elliot Ackerman, James Stavridis Organizations: Israel Defense Forces, Pentagon, Foreign Affairs, Washington Post, Associated Press Locations: Gaza, United States, Ukraine, Yemeni, Red
The UK has showcased its new laser weapon, DragonFire. Lasers could prove an effective new form of air defense against military drones. AdvertisementThe UK's Ministry of Defence has released new footage of its laser weapon DragonFire being tested. The UK's new laser weapon, DragonFire, in a video released in March 2024. A DragonFire laser takes out a drone in an animation sequence released by the UK MOD on March 11, 2024.
Persons: , Iain Boyd Organizations: Ministry of Defence, Service, Defence, MoD, MOD, Royal Navy, Center for National Security, University of Colorado Locations: Scotland, China, Israel, Ukraine
He said with the widespread arrival of generative AI, concerns about physical attacks being the next phase of cybercrime have grown. He added that the technology, now boosted by AI, exists to wreak havoc on physical systems. Attacks on physical infrastructure would be tantamount to war, and so far, that is something nation-states have avoided. Experts, though, vary on the threat level from cyber-physical attacks and how much AI is raising it. But while she views the threat of AI-assisted cyber-physical attacks as growing, she said AI also assists the good guys.
Persons: Stuart Madnick, Christopher Wray, , Madnick, don't, Tim Chase, CISO, Chase, Sivan Tehila, Tehila, Michael Kenney, Matthew B Organizations: Cybersecurity, MIT Sloan, FBI, Congress, Katz School of Science and Health, Yeshiva University, Israel Defense Forces, . University of Pittsburgh, Ridgway Center for International Security Locations: United States
Total: 25