United States

Lockheed lauds U.S. arms sales push, sees foreign sales rising


BERLIN Top U.S. weapons maker Lockheed Martin Corp welcomed a push by U.S. President Donald Trump to speed up approvals of arms sales, saying it would reassure allies who had been frustrated by bureaucratic delays in the past.

Lockheed Martin shares fall as cash flow outlook disappoints

Lockheed Martin Corp , the Pentagon's No. 1 weapons supplier, did not raise its 2018 cash flow projections on Tuesday even as the U.S. government spends more on defense, disappointing investors and pushing its shares lower.

Germany, France agree main needs of new joint fighter program

BERLIN/PARIS Germany and France have agreed on the central requirements for a new fighter jet to replace Eurofighter Typhoon and Rafale warplanes beginning in 2040, German military sources said.

German defense ministry gets bids for Tornado fighter jet replacement

BERLIN The German defense ministry on Tuesday received bids from Airbus and the U.S. government - representing Lockheed Martin and Boeing - for the replacement of its fleet of 90 ageing Tornado fighter jets that were developed in the 1960s.

United Tech results beat as booming air travel spurs demand

United Technologies Corp reported quarterly results that topped analysts' estimates on Tuesday and raised its full-year forecasts, citing higher demand for spare parts and services from airlines dealing with booming passenger travel.

Russia's Lavrov says U.S. has no intention to leave Syria: RIA

MOSCOW Russian Foreign Minister Sergei Lavrov said on Tuesday the United States had no intention to leave Syria despite Washington saying it had such plans, the RIA state news agency said.

Airbus CEO says post-Brexit production shift open for discussion

BERLIN Airbus will not move its existing activities out of Britain when the country leaves the European Union but could forgo basing new projects there, its chief executive said on Tuesday.

North Korea's Kim to be served Swiss rösti at inter-Korean summit

SEOUL North Korean leader Kim Jong Un will be served Swiss rösti with a Korean twist at a summit on Friday with South Korean President Moon Jae-in, the South's presidential Blue House said on Tuesday.

British government gives Melrose takeover of GKN the green light

LONDON Britain's business minister said there were no national security grounds to intervene in turnaround specialist Melrose's takeover of UK engineering company GKN , giving the deal the green light from government.

General Electric to trial world’s largest wind turbine in Britain

LONDON U.S. conglomerate General Electric will test the world's largest wind turbine in a facility in northeast England, it said on Tuesday.

United Tech expects to meet rising Airbus production schedule

NEW YORK United Technologies Corp expects to meet its full-year target for engine deliveries to Airbus SE and is optimistic that suppliers can keep up with rising production, the company's chief financial officer said Tuesday.


Facebook removes accounts advertising stolen identities

Facebook Inc has removed a number of accounts and pages that advertised and sold social security numbers, addresses, phone numbers, and alleged credit card numbers of dozens of people, following a report by news website Motherboard.