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

Search resuls for: "BAE Systems"


22 mentions found


Meeting Japan-Taiwan Exchange Association Chairman Mitsuo Ohashi in Taipei on Friday, Taiwan President Tsai Ing-wen said she expected greater defence cooperation with Japan. "Japan is making a late start, it is like we are 200 metres behind in a 400-metre sprint," he added. China defence spending overtook Japan's at the turn of the century, and now has a military budget more than four times larger. Japan says it wants ship-launched U.S. Tomahawk cruise missiles made by Raytheon Technologies (RTX.N) to be part of its new deterrent force. To pay for the military build-up, Kishida's ruling bloc earlier on Friday said it will raise tobacco, corporate and disaster-reconstruction income taxes.
The sender was actually a suspected North Korean spy seeking information, according to those involved and three cybersecurity researchers. The email is part of a new and previously unreported campaign by a suspected North Korean hacking group, according to the cybersecurity experts, five targeted individuals and emails reviewed by Reuters. MSTIC said it had identified "multiple" North Korea experts who have provided information to a Thallium attacker account. North Korea's embassy in London did not respond to a request for comment, but it has denied being involved in cyber crime. DePetris said the hackers asked him about issues he was already working on, including Japan's response to North Korea's military activities.
Japan, Britain and Italy to build jet fighter together
  + stars: | 2022-12-09 | by ( ) www.nbcnews.com   time to read: +4 min
Japan, Britain and Italy are merging their next-generation jet fighter projects in a ground-breaking partnership spanning Europe and Asia that is Japan’s first major industrial defense collaboration beyond the United States since World War II. Amid what it sees as deteriorating regional security, Japan this month will announce a military build up plan that is expected to double defense spending to about 2% of gross domestic product over five years. “It’s also good for our international reputation”The proposed jet fighter aircraft Tempest, shown during the Farnborough Airshow, in southern England in July. Britain also wants Japan to improve how it provides security clearances to contractors who will work on the aircraft, sources with knowledge of the discussions told Reuters. “The United States supports Japan’s security and defense cooperation with likeminded allies and partners, including with the United Kingdom and Italy,” the U.S. Department of Defense said in a joint statement with Japan’s Ministry of Defense.
LONDON, Dec 9 (Reuters) - The chief executive of BAE Systems (BAES.L) said that Japan, Britain and Italy's fighter jet project has enough partners to proceed as it is, but he didn't rule out a future partnership with a rival French, German and Spanish fighter jet project. Asked about the potential for joining forces with the rival project CEO Charles Woodburn told reporters on a call on Friday: "I wouldn't rule out one thing or another at the end of the day. He also said three partners was enough. "Yes, it is enough partners, but the door is not closed to others and ultimately, these will be political decisions," he said. Reporting by Sarah Young, Editing by Kylie MacLellanOur Standards: The Thomson Reuters Trust Principles.
TOKYO/LONDON, Dec 9 (Reuters) - Japan, Britain and Italy are merging their next-generation jet fighter projects in a bridge between Europe and Asia that marks Japan's first major industrial defence collaboration beyond the United States since World War Two. Britain also wants Japan to improve how it provides security clearances to contractors, sources with knowledge of the discussions told Reuters. The two new platforms would compete head-on with each other and the United States in the global fighter market. "There is going to be a Battle Royal in the next 10-15 years in positioning the various players," said UK defence analyst Francis Tusa. The United States, which has pledged to defend all three countries through NATO and a separate security pact with Japan, welcomed the new Europe-Japan agreement.
Britain, Japan, and Italy are working to build a next-generation fighter jet together. The fighter jet will have cutting-edge weapons and advanced capabilities, such as the ability to work with uncrewed aircraft. Britain's defense ministry said in a release that it hopes to develop the fighter jet with various advanced capabilities such as cutting-edge weapons, innovative data systems, and advanced sensors. UK Prime Minister Rishi Sunak said that the aircraft's development, and partnership with Japan and Italy, highlights that "the security of the Euro-Atlantic and Indo-Pacific regions are indivisible." In a joint statement with Japan's defense ministry on Thursday, the US Department of Defense said it supports Tokyo's security cooperation with London and Rome.
TOKYO/LONDON, Dec 9 (Reuters) - Japan, Britain and Italy are merging their next-generation jet fighter projects in a ground-breaking partnership spanning Europe and Asia that is Japan's first major industrial defence collaboration beyond the United States since World War Two. Amid what it sees as deteriorating regional security, Japan this month will announce a military build up plan that is expected to double defence spending to about 2% of gross domestic product over five years. Britain also want Japan to improve how it provides security clearances to contractors who will work on the aircraft, sources with knowledge of the discussion told Reuters. The United States, which has pledged to defend all three countries through its membership of NATO and a separate security pact with Japan, also welcomed the joint Europe-Japan agreement. "The United States supports Japan's security and defence cooperation with likeminded allies and partners, including with the United Kingdom and Italy," the U.S. Department of Defense said in a joint statement with Japan's Ministry of Defense.
TOKYO, Dec 2 (Reuters) - Japan, Britain and Italy will announce a groundbreaking agreement as early as next week to jointly develop a new advanced jet fighter, two sources with knowledge of the plan told Reuters. The push to merge the British led Tempest jet fighter project with Japan's F-X fighter programme was first reported by Reuters in July. It will be the first time that Japan has collaborated with countries beyond the United States on a major defence equipment project. The announcement will come before Japan releases a new national security strategy and military procurement plan around mid December, the sources said. Reporting by Tim Kelly Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.
[1/5] Northrop Grumman unveils the B-21 Raider, a new high-tech stealth bomber developed for the U.S. Air Force, during an event in Palmdale, California, U.S., December 2, 2022. REUTERS/David SwansonWASHINGTON, Dec 2 (Reuters) - Northrop Grumman Corp (NOC.N) on Friday rolled out its new B-21 "Raider" jet, the first of a new fleet of long-range stealth nuclear bombers for the United States Air Force. The B-21 was unveiled during a dramatic ceremony at Northrop's Plant 42 in Palmdale, California, offering members of the public the first look at the new bomber. The Air Force planned to buy at least 100 of the planes and begin to replace B-1 and B-2 bombers. More than 8,000 people from Northrop Grumman, industry partners and the Air Force currently work on the program.
SummarySummary Companies Mercedes slides on report of China EV price slashesEuropean autos sector eyes worst day in nearly 7 weeksBiden says missile that hit Poland may not have come from RussiaNov 16 (Reuters) - European shares fell on Wednesday, with Mercedes Benz Group leading losses in automobiles stocks, while a blast in Poland kept sentiment subdued and pushed up defence stocks. The pan-European STOXX 600 (.STOXX) index fell 0.4% by 0924 GMT. Auto stocks (.SXAP) tumbled 2.8% to lead sectoral declines, and were headed for their biggest one-day percentage fall in almost seven weeks. The European aerospace and defence (.SXPARO) sector climbed 0.9% following news of the blast. Multiple data points signalled a euro zone recession amid the European Central Bank's aggressive monetary tightening cycle to control record-high inflation.
BAE Systems sees more growth in 2023
  + stars: | 2022-11-15 | by ( ) www.reuters.com   time to read: +1 min
LONDON, Nov 15 (Reuters) - BAE Systems (BAES.L), Britain's biggest defence company, forecast more growth next year as the war in Ukraine boosts military spend, helping it post a "very strong" order book in 2022, including a 4.2 billion pound ($4.96 billion) ship contract. The strengthening dollar is a tailwind for BAE and it forecast EPS growth of 11% to 13% on an actual basis. Margin expansion would continue in 2023, the group said. Britain confirmed a long-planned order for type 26 anti-submarine warships earlier on Tuesday which is worth 4.2 billion pounds, said BAE. ($1 = 0.8472 pounds)Reporting by Sarah Young; editing by James DaveyOur Standards: The Thomson Reuters Trust Principles.
Nov 15 (Reuters) - British Prime Minister Rishi Sunak on Tuesday extended his support for Ukraine at the G20 summit while confirming a long-planned order for warships from BAE Systems (BAES.L). Sunak also announced a 4.2 billion pound ($4.94 billion) contract to BAE Systems (BAES.L) to build five ships for the Royal Navy, a government statement said. Sunak arrived at the summit in Bali, Indonesia, on Monday and is expected to meet Russian Foreign Minister Sergei Lavrov. In support to Ukraine, Britain said last week it would soon complete delivery of 1,000 additional surface-to-air missiles to the Ukraine's armed forces. ($1 = 0.8508 pounds)Reporting by Jahnavi Nidumolu in Bengaluru; Editing by David Gregorio and Bradley PerrettOur Standards: The Thomson Reuters Trust Principles.
Here are some of the air-defense systems that countries are sending Ukraine to take on that threat. The US, Britain, and several other countries are sending Ukraine a variety of air-defense systems. Here are some that are being supplied to Ukraine:NASAMSThe National Advanced Surface-to-Air Missile System. Norwegian Ministry of DefenseParticularly significant is that rather than custom-designed surface-to-air missiles, NASAMS fires existing air-to-air missiles that are modified to be launched from the ground. Shan Yuqi/Xinhua via Getty ImagesUkraine has already received the first of four German IRIS-T short-range anti-aircraft missile systems.
Its array of 122 mm, 152 mm and 203 mm cannon mirrored those used by Russia's military. Denice LopezGermany and the Netherlands have already delivered 10 of the German-designed Panzerhaubitze 2000 armored self-propelled 155 mm howitzers to Ukraine. 1st Class Mikki SprenkleFrance's Caesar is a 155 mm howitzer mounted on a six-wheeled truck. Jacob BradfordThe Zusana-2 is a Slovakian wheeled 155 mm self-propelled howitzer. RCH-155The turret of the RCH 155, armed with a 155 mm gun, is unmanned and controlled from the drive module.
By pointing to 2027 as the moment when East Asia's power balance may tip in China's favour, Japan's government can rally support for greater defence spending, he added. At a congressional hearing last year, U.S. Indo-Pacific commander Admiral Philip Davidson said that China's threat against Taiwan could "manifest" that year. Japanese defence ministry officials did not immediately respond to a request for comment. In July, Prime Minister Fumio Kishida won national upper house elections with a pledge to "substantially" increase defence spending. The splurge of defence spending should also benefit U.S. suppliers such as Lockheed, Boeing Co (BA.N) and Northrop Grumman Corp (NOC.N).
NATO Secretary General Jens Stoltenberg said the alliance has started dialogue with industry and allies on how to boost production and replenish weapons stocks. Register now for FREE unlimited access to Reuters.com RegisterHe told a news conference that defence ministers would take decisions to increase stockpiles. Nicolas Chamussy, chief executive of French defence firm Nexter, said industry had to respond to a dramatic increase in EU demand for military equipment, while production capacities were designed for peace time. Last Friday European Union leaders agreed to give more financial and military aid to Ukraine. Ukrainian President Volodymyr Zelenskiy will ask the leaders of the G7 group of nations to urgently supply Ukraine with air defence weapons.
Several countries have been impressed with the M777 howitzer’s performance in the war in Ukraine. British arms maker BAE Systems PLC said it was considering restarting production of the M777 howitzer, as the big gun’s performance on Ukrainian battlefields revives interest in the weapon. BAE said several countries had expressed an interest in buying M777s, production of which is currently being wound down. The inquiries come after Ukrainian forces have been using the artillery piece to deadly effect against Russian troops in recent months.
The benchmark FTSE 100 (.FTSE) rose 0.5%, while the domestically focussed mid-cap index (.FTMC) added 0.3% by 0817 GMT. Oil majors BP (BP.L) and Shell (SHEL.L) climbed nearly 2.5% each as crude prices jumped on concerns of tighter oil and gas supply after Russian President Vladimir Putin announced a partial military mobilisation. Register now for FREE unlimited access to Reuters.com RegisterBritain's biggest defence company BAE Systems jumped 5.3%, tracking its European peers, after Putin's remarks. "Investors will be looking at defence stocks and thinking about the potential that governments will look to increase their spend on weapons and on military hardware," said Danni Hewson, financial analyst at AJ Bell. The sterling dipped to its lowest against the U.S. dollar since 1985 after data showed Britain's budget deficit was bigger than expected in August.
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 20, 2022. The continent-wide STOXX 600 index (.STOXX) was 0.1% higher, bouncing back after hitting its lowest level since early July. The indexes rose about 1.5% each as oil and other commodity prices climbed following the news of mobilisation. FEDWATCH"The 75 bps hike is priced in at this stage but where it gets interesting, is what's the terminal rate going to be?," said Giles Coghlan, chief market analyst, HYCM. Fortum (FORTUM.HE) shares surged 14.6% to the top of the STOXX 600, after Germany agreed to nationalise Uniper by buying the Finnish firm's stake.
US troops also have a new targeting system that makes the M777 even more precise. LCpl Samantha L. Jones/USMCIn 1979, the M198 155mm medium-towed howitzer entered service for the United States. While it would take two C-130s to deliver an M198 artillery system to the battlefield, the entire M777 setup could arrive in just one. That's more than all of the 155mm artillery rounds fired by the entire US military in the 2003 invasion of Iraq. US soldiers with the Joint Effects Targeting System Target Laser Designation System at Fort Greely in Alaska.
Australia a prezentat miercuri un plan pentru un parteneriat cu un producător mondial de arme în scopul fabricării propriilor rachete ghidate, pentru a spori potenţialul de apărare al ţării, informează dpa.Anunţul a fost făcut de premierul Scott Morrison, ţara sa urmând să aloce 1 miliard de dolari australieni (760 de milioane de dolari americani) pentru lansarea accelerată a acestui parteneriat prin care va fi susţinută producerea de rachete şi alte arme ghidate pentru dotarea armatei australiene, scrie agerpres.ro Ministerul Apărării australian caută un partener industrial care să gestioneze, în numele guvernului, fabrica ce va produce noile arme.Postul de televiziune australian ABC a relatat că în cursă s-au înscris companiile Raytheon Australia, Lockheed Martin Australia, Konsberg şi BAE Systems Australia.Morrison a subliniat că este crucial să fie creată o ''capabilitate suverană pe teritoriul australian'' pentru a menţine siguranţa cetăţenilor australieni. ''Aşa cum a arătat pandemia de COVID-19, a avea capacitatea de autonomie, fie că este vorba de dezvoltarea unui vaccin, fie de apărarea Australiei, îndeplinirea necesităţilor noastre este vitală într-un mediu global în schimbare'', a explicat şeful guvernului australian.Ministrul apărării Peter Dutton a adăugat că Australia va coopera strâns cu SUA în privinţa acestei iniţiative.Valoarea armelor produse în următoarele două decenii de noua companie este estimată la 40 de miliarde de dolari australieni (30,4 miliarde de dolari americani), potrivit ministrului australian pentru industria de apărare, Melissa Price.
Persons: Scott Morrison, Peter Dutton, Melissa Price Organizations: Apărării, ABC, Raytheon, Lockheed Martin, BAE Systems Locations: Australia, australiene, Raytheon Australia, Lockheed Martin Australia, australian, Australiei, SUA
„Aceste 38 de aparate se numără printre cele prevăzute într-un plan mai amplu" prezentat în aprilie de guvern, a declarat pentru AFP un purtător de cuvânt al Ministerului Apărării german. La momentul respectiv, ministrul german al apărării Annegret Kramp-Karrenbauer a anunţat un plan global pentru forţele aeriene germane vizând achiziţionarea a 93 de avioane europene Eurofighter şi a 45 de avioane F-18 americane pentru reînnoirea flotei sale de Tornado. Această primă comandă confirmată de 38 de avioane Eurofighter, cunoscută şi sub numele de proiectul Quadriga, vizează livrarea a 30 de aparate monoloc şi a opt cu două locuri. „Noul Eurofighter Tranche 4 este în prezent avionul de luptă de construcţie europeană cel mai modern, cu o durată de viaţă utilă care depăşeşte uşor 2060. Aparatul de zbor este în dotarea forţelor armate din Germania, Regatul Unit, Italia, Spania, Arabia Saudită şi sultanatul Oman.
Persons: Dirk Hoke Organizations: Apărării, Eurofighter, Defence, spaniol EADS Locations: Deputaţii, germano, spaniol, Germania, Regatul Unit, Italia, Spania, Arabia Saudită, Oman
Total: 22