Latest Aerospace and defense industry News

S&W Seed: Fiscal Q4 Earnings Snapshot

Sep. 27, 2023 08:23 AM EDT

LONGMONT, Colo. (AP) — LONGMONT, Colo. (AP) — S&W Seed Co. (SANW) on Wednesday reported a loss of $7.2 million in its fiscal fourth quarter. The Longmont, Colorado-based company said it had a loss of 17 cents per share. Losses, adjusted for non-recurring costs, came to 13...

US and Kenya sign defense agreement ahead of planned Haiti deployment

Sep. 25, 2023 12:55 PM EDT

NAIROBI, Kenya (AP) — The U.S. and Kenya signed a defense agreement Monday that will see the East African nation get resources and support for security deployments as it is poised to lead a multi-national peacekeeping mission to Haiti to combat gang violence. U.S. Defense Secretary...

Netanyahu tells UN that Israel is 'at the cusp' of a historic agreement with Saudi Arabia

Sep. 22, 2023 18:52 PM EDT

UNITED NATIONS (AP) — Israeli Prime Minister Benjamin Netanyahu told the U.N. General Assembly on Friday that Israel is “at the cusp” of a historic breakthrough leading to a peace agreement with Saudi Arabia, without outlining a clear path over the significant obstacles facing such an accord....

A fire at an Iranian defense ministry's car battery factory has been extinguished, report says

Sep. 22, 2023 00:17 AM EDT

TEHRAN, Iran (AP) — A fire in a storage area of an Iranian defense ministry's car battery factory north of the capital has been extinguished, state TV reported Friday. The fire happened around midnight in a 2-square-kilometer (about 500-acre) storage area of plastic items in the...

Israel strikes alleged Syrian military structures. It says the buildings violated a 1974 cease-fire

Sep. 21, 2023 14:56 PM EDT

JERUSALEM (AP) — The Israeli military said tanks struck two structures inside a demilitarized zone in Syria on Thursday, claiming the buildings violated a half-century-old cease-fire agreement between the two countries. The structures, it said, were being used by the Syrian...

Inside the delicate art of maintaining America's aging nuclear weapons

Sep. 20, 2023 14:30 PM EDT

KANSAS CITY NATIONAL SECURITY CAMPUS, Mo. (AP) — In an ultra-sterile room at a secure factory in Kansas City, U.S. government technicians refurbish the nation’s nuclear warheads. The job is exacting: Each warhead has thousands of springs, gears and copper contacts that must work in conjunction...

For many displaced by clashes in Lebanon's largest Palestinian camp, return is not an option

Sep. 20, 2023 12:58 PM EDT

SEBLINE, Lebanon (AP) — Nearly a week after a cease-fire agreement between warring factions in Lebanon’s largest Palestinian refugee camp brought a fragile peace, hundreds of displaced residents see no immediate prospects of return. Some have lost their houses, while others do...

Russian drone attack on a city in western Ukraine sparks an inferno at a warehouse and kills 1

Sep. 19, 2023 16:42 PM EDT

KYIV, Ukraine (AP) — Russia launched a massive drone attack on the western city of Lviv early Tuesday, burning down a warehouse said to house humanitarian supplies and killing one man, Ukrainian authorities said. It was one of at least three deadly attacks in different cities. ...

Turkey's President Erdogan and Elon Musk discuss establishing a Tesla car factory in Turkey

Sep. 18, 2023 15:44 PM EDT

ISTANBUL (AP) — Turkish President Recep Tayyip Erdogan called on Elon Musk to establish a factory in Turkey for his electric car company Tesla during a meeting in New York, Erdogan’s office said Monday. Erdogan, who is in the U.S. to attend the U.N. General Assembly, also...

Hundreds of flying taxis to be made in Ohio, home of the Wright brothers and astronaut legends

Sep. 18, 2023 15:20 PM EDT

COLUMBUS, Ohio (AP) — The same Ohio river valley where the Wright brothers pioneered human flight will soon be manufacturing cutting-edge electric planes that take off and land vertically, under an agreement announced Monday between the state and Joby Aviation Inc. “When...