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BAE Systems faces tough future after merger collapse London (AFP) Oct 10, 2012 British arms maker BAE Systems faced an uncertain future on Wednesday after the collapse of a proposed mega-merger with European aerospace giant EADS, as indebted governments slash their defence spending. BAE was also seen as unlikely to receive a takeover proposal from a fresh suitor in the near term after the pair said they had ended merger owing to a lack of accord with "various" government stakeholders. "We believe the merger presented a unique opportunity for BAE Systems and EADS to combine ... read more |
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Germany feared bridesmaid role in EADS-BAE venture: analysts Germany feared being left on the sidelines of any tie-up between European aerospace giant EADS and British arms maker BAE Systems, analysts say, after Berlin was blamed for blocking the deal. ... more | .. |
US military has Syria task force in Jordan: report The US military has sent a task force to Jordan to help it handle an influx of Syrian refugees and prepare for scenarios including loose chemical weapons, The New York Times reported Wednesday. ... more | .. |
Cuba, US still at odds 50 years after missile crisis Fifty years after the Cuban missile crisis, Havana remains virulently hostile to the United States, which reciprocates by maintaining a crippling economic embargo against the communist-ruled island. ... more | .. | ||
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Boeing, KAL-ASD Broadening Defense Collaboration for Miltary Aircraft Boeing and Korean Air Aerospace Division (KAL-ASD) will broaden their cooperative relationship to include rotorcraft, fixed-wing aircraft, unmanned aerial vehicles, and military aircraft maintenance ... more | .. |
2010 Korea bomb 'tests' probably false alarms, says study This spring, a Swedish scientist sparked international concern with a journal article saying that radioactive particles detected in 2010 showed North Korea had set off at least two small nuclear bla ... more | .. |
Lockheed Martin-Led Industry Team Receives $13.5 Million Contract to Develop New Autonomous Technology Aboard Unmanned Aircraft The Office of Naval Research has awarded a $13.5 million contract to an industry team led by Lockheed Martin [NYSE: LMT] to explore highly advanced autonomous technologies aboard an unmanned vertica ... more | .. |
Study exposes the negative effects of increasing computerized surveillance Researchers at the Helsinki Institute for Information Technology HIIT finish the first longitudinal study on the effects of ubiquitous surveillance in the home. To understand the effects of co ... more |
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Raytheon studies intelligence analysts' tradecraft to learn more about decision-making process Raytheon has created a scenario-based gaming exercise to study in depth the intelligence analyst's tradecraft to ultimately help analysts produce the best intelligence products and streamline workfl ... more | .. |
Raytheon awarded $349 million US Army contract for TOW missiles Raytheon has received a $349 million five-year, multi-year contract to provide heavy anti-tank, wireless precision-assault missiles for the U.S. government. Raytheon received the award during its th ... more | .. |
Alliander, DNV KEMA and KPN set up European knowledge institute for cyber security Alliander, DNV KEMA and KPN, together with TNO and Radboud University, are setting up a new European cyber security knowledge centre, the European Network for Cyber Security (ENCS). They annou ... more | .. |
China rejects US claims over telecom firms A US Congressional report that warns two Chinese telecom companies pose a national security risk and should face restrictions in the US market is "groundless", China has said. ... more |
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BAE Systems, EADS to reveal if they are pursuing a tie-up Leading European aerospace and defence companies EADS and BAE Systems are to ask Wednesday for a delay from British regulators to a deadline on announcing if they will pursue a tie-up that would create a global giant bigger than US rival Boeing, a source close to the matter said. ... more | .. |
Obama slams Romney on Iraq US President Barack Obama hit out at his Republican foe Mitt Romney on Iraq Tuesday, warning that America did not need a another president who started wars with no plan to end them. ... more | .. |
US drone strike kills five 'militants' in Pakistan A US drone strike targeting a militant compound killed five insurgents in a restive Pakistani tribal region near the Afghan border on Wednesday, security officials said. ... more | .. |
Any US military action against Iran far off, says Romney White House hopeful Mitt Romney said Tuesday that any US military intervention to stop Iran's nuclear program was still on the distant horizon, tempering his rhetoric a day after a major foreign policy speech. ... more |
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Chinese nationalists covet Japan's Okinawa In a glass case at Beijing's Imperial College, an 18th century book with a yellowed title page in bold, black characters is evidence - some Chinese say - that a swathe of modern-day Japan belongs to China. ... more | .. |
NATO focuses on Afghan transition NATO defence ministers on Wednesday focus on planning for Afghanistan after combat forces are withdrawn in 2014, knowing that the transition to full control by Kabul is fraught with danger and problems. ... more | .. |
US air passenger held after arsenal seized A 28-year-old man on a plane from Asia was arrested in Los Angeles after he was found wearing body armor and transporting a small arsenal of weapons including a smoke grenade, officials said Tuesday. ... more | .. |
Nobel Peace Prize contenders, from Afghanistan to ex-Soviet states and Cuba The winner of this year's Nobel Peace Prize will be announced Friday in Oslo. Here are portraits of top contenders for perhaps the world's most-watched award. ... more |
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Slew of world conflicts fog Nobel Peace Prize guessing game With a slew of conflicts tormenting the planet, observers say the field of possible winners for this year's Nobel Peace Prize is wide open, though some suggest it could go to Eastern European activism or the Arab Spring. ... more | .. |
EADS, BAE Systems: how they measure up EADS and BAE Systems are complementary European titans in the global aerospace industry where the main competitors today are in the United States and tomorrow possibly also in emerging countries such as China and Brazil. ... more | .. |
Iran denies new offer made to Europe Iran never made a reported proposal to Europe in a bid to end its nuclear standoff with the West, the country's chief negotiator says. ... more | .. |
Al Qaida braces for trouble in N. Africa Al-Qaida in the Islamic Maghreb has named a new chief for the vast Sahara and Sahel region as the jihadists brace for new offensives by the United States, seeking payback for the assassination of its ambassador in Libya, and African states. ... more |
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Report: Funding for Iron Dome could be cut U.S. funding for Israel's Iron Dome counter-rocket system, a key component of the country's developing missile defense shield, could be reduced because of severe defense spending cuts. ... more | .. |
Manila and rebels agree peace deal The Philippine government will start talks with the largest rebel group to create an autonomous Muslim-majority region to end a decades-long conflict that has cost 120,000 lives. ... more | .. |
Outside View: Cuban missile crisis Lost within recollections of the 50th anniversary of the Cuban Missile Crisis - a confrontation that took the United States and Soviet Union to the brink of nuclear war - were contributions by its only two casualties. It was their individual sacrifices that prevented the Cold War from turning hot. ... more | .. |
Two flights grounded in China after phone threats: airline Two planes were grounded at Chinese airports on Tuesday after anonymous threatening phone calls were received, an airline said, a day after a hoax threat forced a plane to make an emergency landing. ... more |
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Iraqi PM's Prague visit likely to focus on fighter deal Iraq's Prime Minister Nuri al-Maliki will head a government delegation to the Czech Republic on Thursday, with a potential arms deal involving several dozen Czech-made subsonic jet fighters likely to figure on the agenda. ... more | .. |
New US-SKorea missile deal to help Seoul defense: US A deal between the United States and South Korea to almost triple the range of South Korean missiles to cover all of North Korea will help Seoul defend itself from attack, a US official said Tuesday. ... more | .. |
Iraqi judge among seven killed in attacks Shootings and bombings in central and north Iraq on Tuesday left seven people dead, including a judge and the bodyguard of an MP, security and medical officials said. ... more | .. |
Blasts at Syria air force compound kill dozens: NGO Twin suicide bombings hit a Syrian air force compound near Damascus killing dozens of people on Tuesday, monitors said, as rebels took a key town on the road between the capital and second city Aleppo. ... more |
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