Volatile commodity prices and currency exchange rates threaten the defense spending outlook, but there are positive flip sides for governments and defense contractors alike.
Climate changes are making the northern reaches of greater economic and strategic interest, but the U.S. military has a long way to catch up to the Russians and other nations.
The Iomax Archangel, a light attack and intelligence, surveillance, and reconnaissance (ISR) aircraft now being delivered to the UAE Armed Forces for special forces support, is making its debut at the Dubai Airshow this week.
In agreeing to pay $37.2 billion for specialty metals and parts supplier Precision Castparts, Berkshire Hathaway CEO Warren Buffett signals his confidence that demand for large commercial jets will continue to outpace global economic growth.
French authorities have today stepped up the search operation in the vicinity of Reunion following the discovery of debris suspected to have come from the missing Malaysia Airlines flight MH370.
A look at the obstacles that lie ahead for Lockheed Martin’s mammoth F-35 program, how its limitations with dogfighting is leading other militaries to tout maneuverability and how the U.K. is equipping other fighters with weapons that the F-35 can’t yet use. Amy Butler and Tony Osborne also spend a little time discussing this summer’s tanker blues.
French aircraft manufacturer LH Aviation says it has temporarily suspended the construction of its new factory plant in Morocco due to 'significant disagreements' with local business partner Mohsin Karim Bennani, who is also the president and principal shareholder of the new North Afican subsidiary, LH Aviation Maroc, writes Oscar Nkala.
The British government has committed to continue its involvement in the ongoing U.S.-led air campaign against the self-proclaimed Islamic State militants into 2017.