Latest Aerospace and defense industry News

Rebels in Mali say they've captured another military base in the north as violence intensifies

Oct. 02, 2023 10:40 AM EDT

BAMAKO, Mali (AP) — Tuareg rebels in Mali said Monday they captured another military base from the army in the country's north as fighting intensifies. Attaye Ag Mohamed, spokesman for the Azawad armed movement, told The Associated Press that the rebels seized the military base in...

Ukraine hosts a defense industry forum seeking to ramp up weapons production for the war

Sep. 30, 2023 02:56 AM EDT

KYIV, Ukraine (AP) — Ukraine hosted an international defense industry conference as part of a government effort to ramp up weapons production within the country to repel Russia's full-scale invasion and reduce foreign dependence on arms deliveries. The event marked a new...

United Airlines pilots ratified a new contract that their union says is worth more than $10 billion

Sep. 29, 2023 12:46 PM EDT

CHICAGO (AP) — Pilots for United Airlines have ratified a new four-year contract that their union says is worth more than $10 billion. The union previously said the deal would raise pay by up to 40% over four years. The Air Line Pilots Association said Friday that...

Germany and Israel sign an agreement for Berlin to buy a US-Israeli missile defense system

Sep. 28, 2023 09:44 AM EDT

BERLIN (AP) — Germany and Israel on Thursday signed an agreement for Berlin to buy the sophisticated Arrow 3 missile defense system, designed to intercept long-range ballistic missiles. The development is the latest step in Berlin's bid to strengthen its air defenses following Russia's invasion...

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...