Japan hosts major defense equipment exhibition

Business Nov 18, 2019

Japan hosts major defense equipment exhibition

A major defense equipment exhibition opened Monday with some 50 Japanese and 100 foreign arms manufacturers taking part. Backed by the Japanese and British governments, the Defense and Security Equipment International, or DSEI, is intended to boost Japanese makers' international competitiveness in defense and increase ...

United Technologies and Raytheon poised for massive merger

Business / Corporate Jun 10, 2019

United Technologies and Raytheon poised for massive merger

Raytheon and United Technologies, two major American aeronautics and defense groups, are poised to announce as early this week plans for a massive merger, according to U.S. media. The Wall Street Journal revealed on Saturday, citing an anonymous source, that talks have been underway between ...

Asia Pacific Jul 19, 2016

Russian ammunition train derails on Sakhalin

Villagers were evacuated on Russia's Sakhalin island in the early hours of Tuesday when a train loaded with military ammunition came off the rails, local media reported. The Sovietskiy Sakhalin newspaper said police and emergency workers rushed to the site and cleared residents from nearby ...