Archive: International

Boeing HorizonX Leads Investment In SatCom Firm Isotropic Systems

Boeing [BA] on Wednesday said its HorizonX venture arm has invested in Isotropic Systems, a startup that is developing satellite user terminals for low-cost broadband connectivity. London-based Isotropic said HorizonX led a $14 million Series A funding round that includes WML, Space Angels and Space Capital. Isotropic is developing satellite terminals that it says cost […]

China’s Expanding International Activities Have Implications For Power And Influence, DoD Says

China’s ongoing effort to expand its international presence economically and militarily has a number of implications for its power and influence, according to a new Pentagon report. “China’s expanding global activities…present military force posture, access, training, and logistics implications for the United States and China,” says the Congressional-mandated report, Assessment On U.S. Defense Implications Of […]

Brazil Approves Boeing, Embraer Joint Ventures

Brazil’s government on Thursday approved joint ventures between Boeing [BA] and Embraer [ERJ], the country’s aerospace and defense company, a strategic partnership that will give the U.S. aerospace giant a play in smaller commercial aircraft and a multi-mission military aircraft. Terms of the strategic partnership were agreed to between the two companies in December. Under […]

Impact of Potential Withdrawal from Syria Unclear for Defense Investors

One day after news broke that President Trump appeared to unilaterally order the withdrawal of the U.S. troops from Syria, both the path forward for implementation and the impact on U.S. military strategy in the region remains unclear. Lawmakers on both sides of the aisle told reporters Wednesday they were blindsided by the news (Defense […]

Senators Concerned Over Lack of Notice on Withdrawal of Troops from Syria

Senators on Wednesday expressed surprise and concern over news broke this morning that President Trump had ordered an immediate withdrawal of the U.S. military’s 2,000 troops stationed in Syria. Following news reports, Trump appeared to confirm the withdrawal in a tweet, stating “We have defeated ISIS in Syria, my only reason for being there during […]

State Department Approves $3.5 Billion Patriot Deal With Turkey

The State Department has approved a $3.5 billion Patriot missile system deal with Turkey amid congressional concerns on Ankara’s potential purchase of Russia’s S-400 air defense system. The potential sale, announced Tuesday evening, would include 80 Patriot MIM-104E Guidance Enhanced and 60 PAC-3 Missile Segment Enhancement missiles.  “Turkey is a member of and critical enabling […]

Raytheon, Saudi Aramco In Cyber Security Joint Venture

Saudi Arabia’s national oil company and Raytheon [RTN] have agreed to establish a joint venture that will provide cyber security services in the Kingdom and the region, according to Saudi Aramco. Saudi Aramco, which is teaming with Raytheon’s Saudi Arabia subsidiary, said the joint venture will provide services to the energy company, suppliers, customers and […]

Canada To Incur Billions In Losses If Saudi LAV Deal Is Terminated, GD Says

The Canadian government is considering terminating an armored vehicle deal with Saudi Arabia, and manufacturer General Dynamics [GD] on Monday said the decision could cost the country billions in losses. Prime Minister Justin Trudeau announced Sunday he is looking into ending the potentially $13 billion deal to deliver General Dynamics Land Systems-Canada’s (GDLS-C) LAV fighting […]

Boeing, Embraer Agree On Joint Ventures For KC-390, Commercial Aviation

Boeing [BA] and Brazil’s Embraer [ERJ] have finalized agreements on joint ventures for the KC-390 multi-mission medium airlift aircraft and commercial aviation, with the deals expected to close by the end of 2019. Embraer will have a controlling interest, 51 percent, in the joint venture for the KC-390 that will be focused on development, manufacture […]

Airbus Inks New Three-Year Dauphin Deal With Lithuania

The Lithuanian Air Force has renewed the HCare Infinite material management contract for its fleet of three Dauphin AS365 N3+ search-and-rescue helicopters, a deal under which the aircraft averaged 97 percent availability during the previous three years. The helicopters entered service performing SAR missions in 2015 with a three-year full warranty and Airbus’ commitment to […]