Author Archives

• Lockheed Martin receives $1.6 billion contract from Pentagon

  By admin1 on March 31, 2017 • ( 0 )

  

  The order-dependent contract is for Counter Fire Target Acquisition Radar System.   he Pentagon has disclosed that Lockheed Martin Corp has been awarded a $1.6 billion order-dependent contract for providing the Counter Fire Target Acquisition Radar System.

• SpaceX reusable rocket boosters to cut costs by at least 30%

  By admin1 on March 31, 2017 • ( 0 )

  

  The development is an important milestone that underscores humanity’s strive to being a space-faring civilisation. In a development that is significant for Elon Musk’s space venture, a SpaceX Falcon 9 rocket which having accomplished its mission was recovered at sea,… Read More ›

• Scottish demand for independence tied to access to EU’s single market bloc

  By admin1 on March 30, 2017 • ( 0 )

  

  Failure to deliver favourable terms for trade is likely to fuel demand for Scotland’s independence from UK. As per the results of a poll survey, Brexit may not fuel Scottish demand for independence since Scots prefer similar outcomes, like Britons… Read More ›

• Brexit reversible: European Parliament

  By admin1 on March 30, 2017 • ( 0 )

  

  For Brexit to be Brexit, Britain will have to first settle its bills, cross guarantee citizen’s rights, and accept the European Court of Justice as the final authority in all legal matters till it exits the bloc. With British Prime… Read More ›

• LSE commences buy-back of shares worth $248.74 million

  By admin1 on March 30, 2017 • ( 0 )

  

  Shares worth 100 million pounds will be bought back today.  Following the collapse of its merger with Deutsche Boerse, the London Stock Exchange (LSE) is set to buyback 200 million pounds ($248.74 million) of its shares as it tries to… Read More ›

• Hyundai Motor preparing new platform for EVs

  By admin1 on March 30, 2017 • ( 0 )

  

  The company has a global market penetration of 1% in the EV segment. With the new platform it is targeting a market presence of 24% by 2025. In a strategic development for Hyundai Motor Co, an executive from the South… Read More ›

• Trump Administration pushes $5 billion sale of fighter aircrafts to Bahrain

  By admin1 on March 30, 2017 • ( 0 )

  

  The Trump Administration is pursuing the sale despite Bahrain’s human rights records. The Trump Administration has notified the U.S. Congress that it plans on pursuing the $5 billion sale of 19 Lockheed Martin F-16 fighter aircrafts to Bahrain along with… Read More ›

• This deal is pregnant with potential for General Motors

  By admin1 on March 29, 2017 • ( 0 )

  

  One unit of General Motors has reached a deal with Terminal Puerto Rosario, a port operator, to import cars from Argentina. Its long term strategy is to capitalize on the accord to export cars from its nearby facilities.    

• Pentagon likely to award Lockheed Martin helicopter manufacturing contract worth $27 billion

  By admin1 on March 29, 2017 • ( 0 )

  

  The production of the CH-53K King Stallion helicopters will be carried out by Sikorsky, the company it acquired from United Technologies Corp. This is a major milestone for the company. An official from the U.S. Department of Defence has stated,… Read More ›

• Britain to hand over Brexit letter today to EU’s council President Donald Tusk

  By admin1 on March 29, 2017 • ( 0 )

  

  Britain is set to trigger Brexit proceedings later today. Britain has formally begun the process of negotiating Britain’s exit from the European Union with British Prime Minister Theresa May handing over a signed letter to European Council President Donald Tusk… Read More ›