Oct 19, 2016

Mitsubishi Heavy to scale down shipbuilding business

Mitsubishi Heavy Industries Ltd. said it will scale down its shipbuilding operations by withdrawing from the money-losing large passenger ship business. The company said Tuesday it will concentrate on building small- and medium-size passenger vessels and passenger-cargo ferries, and is considering spinning off that ...

Dec 3, 2015

Japan preparing to test-fly MHI-built stealth jet

Japan is closing in on becoming the fourth nation to test fly its own stealth jet, a move that could further antagonize neighboring Asian countries that oppose Prime Minister Shinzo Abe’s bid to strengthen the role of the Self-Defense Forces. The aircraft is scheduled ...