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☆ Lockheed Martin to cut 1% of its jobs in cost-cutting push
▼ + stars: | 2024-01-26 | by ( ) www.cnbc.com time to read: +1 min

Lockheed Martin's Tranche 0 Transport Layer satellites are seen in one of the company's processing facilities. Lockheed Martin will cut 1% of its jobs over the course of the year in a bid to cut costs and streamline operations, a company spokesperson said on Friday. The cost reductions will aid the company in transforming its operations digitally. "We're driving cost reduction in our direct cost base through supply chain optimization, factory productivity and also on 1LMX-driven efficiencies," Lockheed Martin CFO Jay Malave said in the company's post-earnings conference call on Tuesday. Lockheed on Tuesday forecast its 2024 profit below Wall Street expectations, citing supply chain disruptions in its largest aeronautics segment which makes F-35 jets.

Persons: Lockheed Martin's, Lockheed Martin, Jay Malave, 1LMX Organizations: Lockheed Locations: Maryland, China, Philippines, Russia, Ukraine

WASHINGTON (AP) — The U.S. and U.K. on Thursday imposed sanctions on four leaders of Yemen's Houthi rebel group who have supported the militant group's recent attacks on vessels in the Red Sea and Gulf of Aden. Houthi leaders Mohamed al-Atifi, Muhammad Fadl Abd al-Nabi, Muhammad Ali al-Qadiri and Muhammad Ahmad al-Talibi are all accused of assisting or sponsoring acts of terrorism, according to U.S. Treasury. The sanctions block access to U.S. property and bank accounts and prevent the targeted people and companies from doing business with Americans. Members of a former rebel group originally from the remote mountains of northwest Yemen, Houthi leaders are generally seen as having few assets within reach of U.S. authorities to be affected by the sanctions. The U.S. and the United Kingdom have launched multiple rounds of airstrikes seeking to stop the attacks.

Persons: Yemen's, Mohamed al, Muhammad Fadl Abd al, Nabi, Muhammad Ali al, Muhammad Ahmad al, Abdel Malek al, Matthew Miller, “, ”, Miller, Houthi, Brian E, Nelson, Thursday's, Ellen Knickmeyer, Jon Gambrell, Jack Jeffrey Organizations: WASHINGTON, U.S . Treasury, Department, U.S . Defense, State, U.S . Navy, Associated Press Locations: U.S, Gulf of Aden, Red, Gaza, Israel, Yemen, Yemeni, Aden, United Kingdom, London

☆ Investing in Space: Sector led Lockheed and Northrop growth last year
▼ + stars: | 2024-01-25 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. But, when Lockheed Martin and Northrop Grumman both reported 2023 results this week, it was a different story. For both companies, space was the top segment for sales growth in 2023 — by a wide margin. You'd think with such strong results, space would be a highlight of quarterly earnings calls. But for both Lockheed and Northrop, executives and analysts still only mentioned space in passing.

Persons: CNBC's Michael Sheetz, Lockheed Martin, Northrop Grumman, Northrop, Morgan Brennan, Jay Malave, It's, it's, We've Organizations: Lockheed, Northrop, Vulcan, Boeing Locations: ULA

☆ US Defense Secretary Make First Public Appearance, Virtually, Since Hospitalization
▼ + stars: | 2024-01-23 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +1 min

WASHINGTON (Reuters) - U.S. Defense Secretary Lloyd Austin made his first public appearance, virtually and from home since his secret hospitalization, during a meeting on Ukraine's military needs on Tuesday. Austin, 70, was admitted to Walter Reed National Military Medical Center in Maryland on Dec. 22 to treat prostate cancer. His hospitalization was not revealed until four days later, and the Pentagon did not specify why he was being treated until Jan. 9. Austin appeared on the live stream for a few minutes as he made his opening remarks. While there was a slight break in the live stream, Austin did not appear to mention his health, but called for additional air defense systems for Ukraine.

Persons: Lloyd Austin, Walter, Joe Biden, Austin, Idrees Ali, Phil Stewart, Mark Porter Organizations: WASHINGTON, . Defense, Walter Reed National Military Medical Center, Pentagon, Department of Defense Locations: Austin, Maryland, U.S, Ukraine

☆ U.S. defense secretary make first public appearance, virtually, since hospitalization
▼ + stars: | 2024-01-23 | by ( ) www.cnbc.com time to read: +1 min

U.S. Defense Secretary Lloyd Austin made his first public appearance, virtually and from home since his secret hospitalization, during a meeting on Ukraine's military needs on Tuesday. Austin, 70, was admitted to Walter Reed National Military Medical Center in Maryland on Dec. 22 to treat prostate cancer. His hospitalization was not revealed until four days later, and the Pentagon did not specify why he was being treated until Jan. 9. Austin appeared on the live stream for a few minutes as he made his opening remarks. While there was a slight break in the live stream, Austin did not appear to mention his health, but called for additional air defense systems for Ukraine.

Persons: Lloyd Austin, Walter, Joe Biden, Austin Organizations: Defense, Walter Reed National Military Medical Center, Pentagon, Department of Defense Locations: Austin, Maryland, U.S, Ukraine

NORRISTOWN, Pa. (AP) — A fifth suspect has been ordered to stand trial in an ambush shooting that killed a 14-year-old and wounded several other teenagers outside a Philadelphia high school after a football scrimmage in 2022. A judge ruled Monday that there was enough evidence to hold 17-year-old Dayron Burney-Thorn for trial on murder, aggravated assault and other charges in the September 2022 shooting near Roxborough High School and on charges in a separate slaying the day before. He and four co-defendants, including three other teens, are to stand trial together. Authorities said five people jumped from a parked SUV and opened fire on teens who were walking away from an athletic field at Roxborough High. Nicholas Elizalde, 14, of suburban Havertown, was killed, and three other teens were taken to a hospital with wounds; another was treated at the scene.

Persons: —, Dayron Burney, Thorn, Evan Hughes, ” Burney, Nicholas Elizalde, Jim Kenney Organizations: Roxborough High, Authorities, Democrat Locations: NORRISTOWN, Pa, Philadelphia, Philadelphia’s Germantown, Havertown

A 32-page lawsuit filed on Jan. 17 in U.S. District Court in Tucson, Arizona, accuses the U.S. “The San Pedro Valley will be irreparably harmed if construction proceeds,” it says. Political Cartoons View All 253 ImagesSunZia Wind and Transmission and government representatives did not respond Monday to emailed messages. The transmission line also is being challenged before the Arizona Court of Appeals. The court is being asked to consider whether state regulatory officials there properly considered the benefits and consequences of the project.

Persons: Pedro “ Arizona’s, Joe Biden's, Work, Verlon M, Jose, SunZia, ____ Ritter Organizations: —, U.S . Interior Department, Land Management, Western Apache, Energy, San Carlos Apache, Center for Biological Diversity, U.S, U.S . Defense Department, Work, San, Tribal, of Appeals Locations: ALBUQUERQUE, N.M, Arizona, California, U.S, Tucson , Arizona, Pedro Valley, Zuni, Western, New Mexico, San Pedro Valley, Tucson, San Pedro, ”, U.S ., Redrock, Las Vegas , Nevada

ORCHARD PARK, N.Y. (AP) — Travis Kelce caught two touchdown passes from Patrick Mahomes and the Kansas City Chiefs advanced to their sixth straight AFC championship game with a 27-24 win over the Buffalo Bills on Sunday night. The defending Super Bowl champion Chiefs (13-6) move on to Baltimore to face Lamar Jackson and the conference’s top-seeded Ravens, who beat Houston 34-10 on Saturday. Baltimore defeated Kansas City 36-35 in their most recent regular-season matchup in Week 2 of the 2021 season. And the Chiefs ended Buffalo’s season for the third time in four years, including a 38-24 decision at Kansas City in the 2020 season AFC championship game. It was another disappointing finish for a Bills team that won its fourth consecutive AFC East title, and was on a six-game roll since a 20-17 win at Kansas City on Dec. 10.

Persons: — Travis Kelce, Patrick Mahomes, Isiah Pacheco, Buffalo’s Tyler Bass, Lamar Jackson, “, ” Mahomes, It’s, Mahomes, ___ Organizations: Kansas City Chiefs, AFC, Buffalo Bills, Chiefs, Super Bowl, Ravens, Houston, Defense, ” Kansas City, Baltimore, Kansas City, Cincinnati, Bills, AFC East Locations: ORCHARD, Baltimore, ” Kansas, Buffalo

☆ Fani Willis Affair Claims Are Nothing More Than Bad Optics: Experts
▼ + stars: | 2024-01-19 | by ( Associated Press | Natalie Musumeci | ) www.businessinsider.com time to read: +11 min

Allegations have surfaced of an affair between Fulton County DA Fani Willis and an attorney she hired. AdvertisementFulton County District Attorney Fani Willis hired attorney Nathan Wade to lead the Georgia prosecution of Donald Trump and 18 others over efforts to overturn the 2020 election. The lawyer is seeking to get the indictment tossed and to remove Willis and Wade from the case. Outside of any effect on this case, Willis, an elected Democrat, is up for reelection this year, and this could become a campaign issue depending on how she ultimately responds. Records show Wade billed for what he described as "travel to Athens; conf with White House Counsel" in May 2022.

Persons: Fani Willis, Nathan Wade, Willis, Donald Trump, —, Wade, Wade —, Trump, vies, it's, Rahmani, Anthony Michael Kreis, Ashleigh Merchant, Michael Roman, Merchant, unseal, Joycelyn Wade, Joycelyn, Jeff DiSantis, John Floyd, Anna Cross, Wade's, Thurbert Baker, Baker, It's, Neil Warren, foreperson, Georgia —, There's, Peter Strzok, Robert James, that's, I've, James Organizations: Service, Trump, West, Trial, Georgia State University, Associated Press, White, Caribbean, AP, Defense, White House, Records, DC Locations: Fulton County, Georgia, Napa Valley , Florida, Caribbean, Wade's, San Francisco, Belize, Panama, Australia, Miami, Cobb County, Athens, Russia, DeKalb County , Georgia

The panel that blew out of an Alaska Airlines jetliner this month was manufactured in Malaysia by Boeing’s leading supplier, the head of the agency investigating the incident said Wednesday. The officials indicated that their separate investigations of Boeing and the accident are in the early stages. Boeing said CEO David Calhoun visited the Wichita factory of Spirit AeroSystems, which makes a large part of the fuselage on Boeing Max jets and installs the part that came off an Alaska Airlines jetliner. An Alaska Airlines Max 9 was forced to make an emergency landing on Jan. 5 after a panel called a door plug blew out of the side of the plane shortly after takeoff from Portland, Oregon. The NTSB is investigating the accident, while the FAA investigates whether Boeing and its suppliers followed quality-control procedures.

Persons: Jennifer Homendy, Spirit AeroSystems, AeroSystems, “, Mike Whitaker, ”, Sen, Jerry Moran, Moran, Whitaker, ” Moran, David Calhoun, Patrick Shanahan —, Donald Trump, —, “ We’re, ” Calhoun, Max Organizations: Alaska Airlines, Boeing’s, National Transportation Safety, Federal Aviation Administration, Boeing, Max, Senate, Kansas Republican, FAA, Boeing Max, Pentagon, Alaska Airlines Max, NTSB, United Airlines, Dow Jones Locations: Malaysia, Washington, Wichita , Kansas, Kansas, Wichita, Calhoun, Portland , Oregon, Alaska, United, Arlington , Virginia

WASHINGTON (AP) — U.S. Navy ships and aircraft combed areas of the Gulf of Aden for two missing U.S. Navy SEALs on Monday as details emerged about their mission to board and take over a vessel carrying components for medium-range Iranian ballistic missiles headed for Somalia, a U.S. defense official said Monday. The crew members, who were taken into custody, had no paperwork, which allowed a search of the vessel. U.S. officials have said that the waters in the Gulf of Aden are warm, and Navy SEALs are trained for such emergencies. On Monday, Navy ships, helicopters and drones were involved in the ongoing search. Political Cartoons View All 253 ImagesThe U.S. Navy has conducted regular interdiction missions in the region, also intercepting weapons on ships that were bound for Iranian-backed Houthis in Yemen.

Persons: USS Lewis B, Puller Organizations: WASHINGTON, — U.S . Navy, U.S . Navy, Navy, USS, Prosperity Guardian Locations: Gulf, Aden, Somalia, U.S, Iran, Iranian, Yemen, Red, United States, United Kingdom

☆ US, Britain Carry Out Strikes Across Yemen in Retaliation for Houthi Attacks
▼ + stars: | 2024-01-11 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +6 min

A U.S. official said more than a dozen locations were targeted in strikes that were not just symbolic but intended to weaken the Houthis' military capabilities. The United States and allies had deployed a naval task force to the area in December, and the situation had escalated in recent days. U.S. Defense Secretary Lloyd Austin, who is in hospital due to surgery complications, said in a statement that the strikes targeted Houthi drones, ballistic and cruise missiles, costal radar and air surveillance. The United States also accused Iran of being involved operationally in the Houthi attacks, providing the military capabilities and intelligence to carry them out. The United States has troops on the ground in Syria and Iraq, and has previously retaliated for attacks there by Iran-backed groups.

Persons: Phil Stewart, Idrees Ali, Mohammed Ghobari WASHINGTON, Joe Biden, Houthis, Sanaa, Ali Ahmad, Mahmoud, James Heappey, Brent, Lloyd Austin, Tesla, Andreas Krieg, Andrew Mills, Maher Hatem, Jeff Mason, Kanishka Singh, Eric Beech, Peter Graff, Angus MacSwan Organizations: British, U.S, Hamas, U.S . Defense, Washington, King's College, United, West Bank Locations: ADEN, Yemen, Iran, Gaza, Sanaa, Taiz, Hodeidah, Hajjah governorate, United States, Israel, Europe, Asia, U.S, Britain, Africa, Germany, London . Saudi Arabia, U.N, Lebanon, Syria, Iraq, Washington, Doha, Dubai

☆ Top China, U.S. military leaders hold first meeting in more than a year
▼ + stars: | 2023-12-22 | by ( Clement Tan | ) www.cnbc.com time to read: +4 min

Other Southeast Asian countries such as Brunei, Indonesia, Malaysia, and Vietnam also claim parts of the South China Sea. "The key to developing a healthy, stable, and sustainable military-to-military relationship is ... a correct understanding of China," China's Defense Ministry said in a readout of the Brown-Liu virtual call. China has consistently maintained its claim over self-governed Taiwan and the majority of the South China Sea. The U.S. has documented more than 180 coercive and risky air intercepts against its aircraft in the region between 2021 and 2023, according to its latest China Military Power Report. This includes their bilateral Defense Policy Coordination Talks, Military Maritime Consultative Agreement talks, and opening lines of communication between the leaders of the respective military commands in the South China Sea and the broader Pacific.

Persons: Cope, Charles Brown, Liu Zhenli, Joe Biden, Xi Jinping, General Brown, General Liu, Nancy Pelosi, Brown, Liu, — CNBC's Evelyn Cheng Organizations: Air Force, Clark Air Base, U.S, Joint Chiefs of Staff, Economic Cooperation, Biden, Beijing, U.S ., Defense Ministry, U.S . Defense Department, People's Liberation Army, Maritime, Eurasia Group Locations: Philippines, Mabalacat, Pampanga, Asia, San Francisco, Eurasia, China, Taiwan, Beijing, Singapore, Manila, South China, Brunei, Indonesia, Malaysia, Vietnam, United States, The Hague, U.S, South

State-owned Motor Sich is Ukraine's main manufacturer of aircraft and helicopter engines, including for some of the world's largest cargo planes. Many legacy Ukrainian defense companies will trigger "red flags" during the lengthy due diligence and compliance reviews conducted by Western defense companies, said one U.S. defense executive. A Motor Sich representative stopped by ITA's booth and spoke briefly about their company's capabilities, the spokesperson said. ROOTING OUT CORRUPTIONZelenskiy has made rebuilding Ukraine's defense and aerospace sector a top priority, which includes deeper investment in drone technology. While the talks in Washington later this week and last month's Dubai air-show contacts are potentially promising, the political realities that Western defense officials are grappling with could hinder any progress.

Persons: Gleb Garanich, Olexiy Nikiforov, Lockheed Martin, Pavlo Verkhniatsky, Volodymyr Zelenskiy, Korzh, Trump, Nikiforov, RTX, Northrop, Valerie Insinna, Joanna Plucinska, Tim Hepher, Jo Mason, Jane Merriman Organizations: Motor Sich, REUTERS, State, Sich, Reuters, Lockheed, White, U.S, Western, U.S . Department of Commerce, Dubai Air Show, Commerce Department's International Trade Administration, Boeing, Northrop Grumman, Republicans, Ukraine –, Thomson Locations: Ukrainian, Kyiv, Ukraine, WASHINGTON, Russia, China, Washington, U.S, Moscow, Zaporizhzhia, Dubai, Gaza, London

☆ Inside Anduril, the Defense Startup That’s Run Like a Tech Company
▼ + stars: | 2023-12-04 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Inside Anduril, the Defense Startup That’s Run Like a Tech CompanyStartup Anduril Industries is shaking up the U.S. defense industry. Founded by Oculus creator Palmer Luckey, Anduril is building AI-powered, autonomous weapons systems that it says will create a more nimble and cost-effective military. Photo Illustration: Alexander Hotz/WSJ

Persons: Palmer Luckey, Alexander Hotz Organizations: Defense, Tech, Startup

☆ AI in focus at the annual defense conference
▼ + stars: | 2023-12-04 | 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 EmailAI in focus at the annual defense conferenceCNBC's Morgan Brennan with Air Force Secretary Frank Kendall, joins 'Power Lunch' to discuss AI's impact in the U.S. defense systems.

Persons: CNBC's Morgan Brennan, Frank Kendall Organizations: Air Force Locations: U.S

Congress already has allocated $111 billion to assist Ukraine, including $67 billion in military procurement funding, $27 billion for economic and civil assistance and $10 billion for humanitarian aid. Young wrote that all of it, other than about 3% of the military funding, had been depleted by mid-November. The Biden administration has said it has slowed the pace of some military assistance to Kyiv in recent weeks to try to stretch supplies until Congress approves more funding. “We are out of money to support Ukraine in this fight,” Young wrote. “They were clear that Ukraine needs the aid soon — and so does our military need the aid soon,” Senate Majority Leader Chuck Schumer told The Associated Press in an interview.

Persons: —, Biden, Shalanda Young, ”, Young, ” Young, Joe Biden’s, Chuck Schumer, Lisa Mascaro Organizations: WASHINGTON, Monday, Management, GOP, White, Capitol, Republican, U.S, Associated Press, AP Locations: Ukraine, U.S, Israel, Mexico, Gaza

JAKE SULLIVAN - THE LAST GUY IN THE ROOMBiden often turns to Sullivan, the White House national security adviser, when he is considering final options and looking for advice and counsel. "He develops and puts forward the policy options before the president for him to decide," said one U.S. official. Sullivan, 47, was national security adviser for Biden when he was vice president and deputy chief of staff to then-Secretary of State Hillary Clinton. He gathers policy options from across government agencies and prepares them for Biden to consider, the traditional role of the national security adviser. JON FINER - ASKING QUESTIONSSullivan relies heavily on his deputy national security adviser, Jon Finer.

Persons: Joe Biden, Antony Blinken, Evelyn Hockstein, ANTONY BLINKEN, Biden, Blinken, Benjamin Netanyahu, JAKE SULLIVAN, Sullivan, Jake, Hillary Clinton, BRETT MCGURK, Brett McGurk, McGurk, George W, Bush, Barack Obama, Donald Trump, BILL BURNS, spymaster, Bill Burns, It's, Burns, LLOYD AUSTIN, STARK, Lloyd Austin, Yoav Gallant, Israel, KAMALA HARRIS, Kamala Harris, Harris, ”, JON, Jon, John Kerry's, Kerry, Arshad Mohammed, Nandita Bose, Don Durfee, Heather Timmons, Deepa Babington Organizations: U.S, Hamas, REUTERS, Rights, Israeli, Biden, White House, National Security, U.S ., CIA, . Defense, Pentagon, Islamic State, U.S . Army, ISIS, Palestinian, West Bank, Palestinian Authority, Washington Post, Thomson Locations: Israel, Tel Aviv, Gaza, East, North Africa, Saudi Arabia, United States, Qatar, Doha, Iran, Moscow, Russia, Ukraine, Ankara, U.S, Austin, Dubai, West

Residents, many of whom had moved there to flee earlier attacks in the Israel-Palestinian conflict, said they could hear tank fire and feared a new Israeli ground offensive was building. The Israeli military earlier ordered people to evacuate some areas in and near the city, but made no announcement of any new southern ground assault. "The IDF (Israel Defence Forces) continues to extend its ground operation against Hamas centres in all of the Gaza Strip," spokesperson Rear Admiral Daniel Hagari told reporters in Tel Aviv. GROUND OFFENSIVE FEAREDGaza residents said earlier on Sunday they feared an Israeli ground offensive on the southern areas was imminent. Tanks had cut off the road between Khan Younis and Deir Al-Balah in central Gaza, effectively dividing the Gaza Strip into three.

Persons: Alexander Ermochenko, Khan Younis, Daniel Hagari, Eylon Levy, Younis, United States —, —, Kamala Harris, Isaac Herzog, Mahmoud Abbas, Harris, Israel, Osama Hamdan, Deir, Suhaib Salem, Nidal, Mohammed Salem, Maayan Lubell, Ari Rabinovich, Emily Rose, Maggie Fick, Andrew Mills, Nandita Bose, Idrees Ali, Steve Holland, Phil Stewart, David Lawder, Lincoln Organizations: Hamas, Pentagon, Palestinian, IDF, Israel Defence Forces, U.S . Defense Department, Yemen's, Reuters, United, Tanks, Thomson Locations: Gaza, Israel, Palestinian, Khan, U.S, Sea, Pentagon Iran, GAZA, CAIRO, Tel Aviv, Gaza City, Yemen's Iran, Hamas, Rafah, Gaza's, Beit Lahiya, United States, Lebanon, Egypt, Cairo, Jerusalem, Beirut, Doha, Dubai, Washington

☆ U.S. Destroyer, Commercial Vessels Attacked by Drones, Missiles in Red Sea
▼ + stars: | 2023-12-03 | by ( Nancy A. Youssef | Saleh Al-Batati | ) www.wsj.com time to read: 1 min

The USS Carney and several commercial ships came under drone and ballistic missile attacks. Photo: Petty Officer 3rd Class Bill Dod/U.S. Navy/Associated PressA U.S. destroyer and several commercial ships operating in the Red Sea came under drone and ballistic missile attacks, a U.S. defense official said Sunday, marking the most significant escalation of a weekslong military attack on ships operating in those waters. The USS Carney, an Arleigh Burke-class destroyer, struck a drone that was “in the direction of the ship” and launched from a Houthi-controlled part of Yemen, the official said.

Persons: Carney, Bill Dod, Arleigh Burke Organizations: U.S . Navy, Associated Press, U.S Locations: Red, U.S, Yemen

Israel has sworn to annihilate Hamas following its Oct. 7 rampage in southern Israel in which it says 1,200 people were killed and more than 200 taken hostage. "Frankly, the scale of civilian suffering, and the images and videos coming from Gaza, are devastating," Harris told reporters. The United States has been increasingly vocal that Israel must narrow the combat zone during any offensive in southern Gaza and ensure safe zones for non-combatants. Gaza health officials said that in addition to the death toll, 650 people had been wounded since the truce collapsed. Gaza health officials said three Palestinians were killed in an Israeli air strike on a house in Rafah.

Persons: Kamala Harris, Lloyd Austin, Israel, Harris, Austin, Benjamin Netanyahu, Netanyahu, Wessam Farhat, Amir Cohen, Mark Regev, Robert Mardini, Emmanuel Macron, Saleh Al, Arouri, Yoav Gallant, Khan Younis, Suhaib, Nidal, Mohammed Salem, Ari Rabinovich, Emily Rose, Andrew Mills, Nandita Bose, Steve Holland, Phil Stewart, Matt Spetalnick, Nick Zieminski, Matt Lewis, Jonathan Oatis Organizations: Hamas, U.S . Defense, Simi Valley , California ., U.S, REUTERS, International Committee, Reuters, Crescent, Palestinian, Al, Israeli, Palestinian News Agency, Tel, Thomson Locations: GAZA, CAIRO, Israel, Gaza, Washington, Egypt, Dubai, Simi Valley , California, Simi Valley , California . Austin, U.S, Tel Aviv, United States, Palestinian, Rafah, Qatar, Al Jazeera, Suhaib Salem, Cairo, Jerusalem, Doha

File photo: U.S. Secretary of Defense Lloyd Austin looks on as he attends the ASEAN Defense Ministers' Meeting Plus in Jakarta, Indonesia, November 16, 2023. REUTERS/Willy Kurniawan/Pool/File photo Acquire Licensing RightsWASHINGTON, Dec 2 (Reuters) - U.S. Defense Secretary Lloyd Austin delivered perhaps his strongest remarks to date on Saturday over Israel's need to protect civilians in Gaza, calling them the center of gravity in Israel's war with Hamas and warning over the risks of their radicalization. "So I have repeatedly made clear to Israel's leaders that protecting Palestinian civilians in Gaza is both a moral responsibility and strategic imperative." The United States has rushed military assistance to Israel, including air defenses and other munitions. "The United States will remain Israel's closest friend in the world.

Persons: Defense Lloyd Austin, Willy Kurniawan, Lloyd Austin, he's, Austin, Israel, Austin's, Phil Stewart, Jonathan Oatis Organizations: Defense, ASEAN Defense Ministers, REUTERS, Rights, . Defense, Reagan National Defense, West Bank, Islamic State, United, Palestinian, Pentagon, U.S, Thomson Locations: Jakarta, Indonesia, Gaza, Austin, Simi Valley , California, Israel, United States, U.S, Iran

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

REUTERS/Jonathan Ernst/File Photo Acquire Licensing RightsWASHINGTON, Nov 29 (Reuters) - U.S. budget wrangling could further delay funding approval for new agreements with Pacific island nations meant to counter Chinese influence, creating an opportunity for Beijing in the strategically vital region, congressional and other sources say. But congressional sources say this looks impossible as lawmakers argue over spending priorities, raising concerns that a further delay could create an opening for China, which has been wooing financially strapped Pacific economies. "It's feeling pretty dead in the NDAA context," the source said, adding that focus had turned to finding other legislation to secure the COFA funding. "It is really incomprehensible given the amount we're talking about ... why Congress cannot get its act together," Yun said. "What we risk is China getting in where we really don't want them – in places like Palau, RMI, FSM.

Persons: Mike Pompeo, Jonathan Ernst, Biden, Mike Johnson's, Joseph Yun, Yun, David Brunnstrom, Michael Martina, Patricia Zengerle, Don Durfee, Daniel Wallis Organizations: U.S, Pohnpei International, REUTERS, Rights, Federated, Marshall, RMI, Washington, Free Association, National Defense, Reuters, Republicans, Natural Resources, Foreign Affairs, New Republican, Biden, State Department, White House National Security Council, Thomson Locations: Pohnpei, Kolonia, States, Micronesia, Pacific, Beijing, Federated States, Palau, China, Ukraine, U.S, Hawaii, Philippines, Washington

☆ How the U.S. courted the Philippines to thwart China
▼ + stars: | 2023-11-29 | by ( ) www.reuters.com time to read: +14 min

What followed was two trips to the United States in less than a year for Marcos, and visits to the Philippines by high-ranking Biden administration officials. Marcos’ predecessor, the populist firebrand Rodrigo Duterte, was openly hostile to the United States and attempted to bring his country closer to communist China during his six-year term. For the United States, cementing alliances in the Asia-Pacific region is likewise crucial to keeping China in check. China’s Foreign Ministry, in a statement to Reuters, characterized China and the Philippines as “close neighbors across the sea” with a common interest in friendship. At the time, he said the cancellation of his visa was the latest in a list of “gripes and disrespect” by the United States.

Persons: Ferdinand “ Bongbong ” Marcos Jr, Joe Biden, Marcos, Gregorio Maria Araneta III, “, ” Araneta, Biden, Kamala Harris, Antony Blinken, Defense Lloyd Austin, Julio Amador III, Marcos ’, Rodrigo Duterte, China’s, Xi Jinping, ” Marcos ’, Ferdinand Marcos Sr, ”, Marcos family’s, Washington, Duterte, China “, Becca Wasser, Wasser, Barack Obama, Xi, “ I’ve, ” Duterte, Ronald “ Bato, dela Rosa, Dela Rosa, gripes, Toribio Adaci, hadn’t, Blake Herzinger, Herzinger Organizations: Reuters, U.S, Defense, ., Party, China, U.S . State Department, ” Reuters, Philippine, United, Foreign Ministry, ” ‘, People’s Liberation Army, Center, New, New American Security, CNAS, U.S . Department of Defense, U.S ., Initiative, Philippines National Economic Development Authority, United States, Philippine National Police, Washington, Forces, VFA, Mutual, China’s, U.S . Pacific Fleet, Cooperation Locations: Philippines, Philippine, Manila, United States, U.S, China, America, Asia, Taipei, Taiwan, Beijing, South, East Asia, Pacific, Washington, Hawaii, South China, It’s, American, Japan, South Korea, Australia, New American, Taiwan . U.S, Duterte, China’s, Guangdong

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