Mitsubishi Heavy to slash regional jet business workforce

Business / Corporate May 23, 2020

Mitsubishi Heavy to slash regional jet business workforce

Mitsubishi Heavy Industries Ltd. is planning to slash the number of employees working on its struggling regional jet business amid bleak demand for aircraft due to the coronavirus pandemic, sources close to the matter have said. The plan, revealed Friday, comes as its aircraft subsidiary, ...

Japan to launch intelligence-gathering satellite in January

National Dec 16, 2019

Japan to launch intelligence-gathering satellite in January

An H-IIA rocket carrying a government optical intelligence-gathering satellite is scheduled for launch in January, according to Mitsubishi Heavy Industries Ltd. The device will join Japan's seven other reconnaissance satellites believed to be utilized for such purposes as monitoring developments at North Korean missile sites. The ...