Defence Industry

Pentagon OKs $50M funding for 4 more Lockheed jets

In this Aug. 7, 2008 file photo, a static display of an Air Force F-22 Raptor, is seen at Langley Air Force Base in Hampton, Va. The Pentagon Wednesday, Nov. 12, 2008, agreed to provide Lockheed Martin Corp. with $50 million in...

Roush Announces Second P-51 Mustang Tribute Car

Following the success of last year's tribute to the famous WWII fighter plane, Roush has put together another limited-edition P-51 series Mustang. On the inside, Roush adds a vent pod gauge set with boost gauge and P-51B logos...

Africa: The World Financial Crisis - How the Continent Will Fair

A financial system is made up of principles and institutions which together ensure that individuals and organizations, in a given society, with surplus funds to save as well as those in need of such funds meet in varying forms...

The History of the United States Air Force

Hot Air Balloons, The Signal Corps, US Air Service, Army Air Corps This technologically gifted branch of the Armed Services has seen Military Air Power advance from balloons to bi-planes to bombers to outer space vehicles and...

Canada expects C-130Js to boost air mobility

The Canadian Forces is revamping its air transport capabilities and is on track to receive the first of its new C-130Js by 2010. The purchase of four C-17 strategic transports last year from Boeing proceeded smoothly and now...

Aircraft Parts Maker Grows Through Acquisitions In Tough Market (Investor's Business Daily)

Tuesday November 11, 6:03 pm ET While most companies are hoarding cash and ducking for cover during this financial crisis, TransDigm Group is spending money to make money. At the end of September the aircraft parts manufacturer...

Asia Stocks: Data-Driven Volatility (at TheStreet.com)

Updated from Feb. 19 at 7:21 p.m. EST Asian markets advanced Tuesday in the face of rising volatility and bearish inflation data. The Hang Seng Index closed up 1.5% at 24,123.17, and the Shangahi Composite Index finished up...

Tony Blair's bodyguard triggers Israeli airport panic when gun goes off

Tony Blair's bodyguard caused a major security scare at an Israeli airport when his gun went off by mistake. The officer was unloading his gun prior to boarding a plane when he accidentally fired into the ground.

ADSB wins landing craft contract

a regional naval shipbuilding and repair company has been awarded a contract worth millions of dirhams to build four landing craft for the Bahrain Naval Forces. The contract was awarded following stiff competition from...

Stores plan sales battles this holiday

From fancy to department, stores trying to out-sale each other this holiday Justin Sullivan / Getty Images Encouragement or wishful thinking at a Chicago Old Navy? For months, retailers have been throwing themselves at...