The alternative to Lockheed Martin’s F-35 fighter aircraft is Boeing’s F-18, an older generation aircraft which lacks the distinctive stealth capabilities of the F-35. Marillyn Hewson, Lockheed Martin’s CEO has told U.S. President-elect, Donald Trump, that she is committed to… Read More ›
The value of the contract is not expected to exceed $10 billion. In a development that bodes well for Airbus and Iran’s lagging economy, European airplane manufacturer, Airbus, has signed a firm contract to sell 100 jets to Iran’s flagship… Read More ›
InvenSense produces gyroscopes for Samsung’s and Apple’s smartphones. The acquisition will expand TDK’s footprint in the sensor technology segment. Japan’s TDK Corp, an electronics part manufacturer, has disclosed that it is all set to acquire U.S chip manufacturer InvenSense Inc.,… Read More ›
This marks AB InBev’s final disinvestment following its acquisition of SABMiller. Subject to regulatory approvals, this deal is set to close by the end of 2017. In a development that underscores AB In-Bev’s push to consolidate its acquisition of SABMiller,… Read More ›
Blockchain technology set to gain traction with investments from Goldman Sachs, JPMorgan, Barclays, ICAP, Thomson Reuters, etc. According to sources familiar with the deal, JPMorgan Chase & Co, the Goldman Sachs Group Inc. along with a group of other financial… Read More ›
Microsoft will provide technical support to the Defence Information Systems Agency. The Pentagon has stated that it has awarded a contract worth $927 million too Microsoft for it to provide technical support to the Defense Information Systems Agency.
Sabre reacted to the verdict stating that it believes that it has operated “fairly and lawfully.” It will go on appeal. On Tuesday, in a landmark ruling, the American Airlines Group Inc. (AIG) won nearly $15.3 million in an antitrust… Read More ›
European Securities and Markets Authority gives a preview of how British hedge funds and private credit assets could tap EU’s single market bloc after Brexit. Before Brexit negotiations begins, a British hedge fund group has laid out its wishlist, which… Read More ›
DCNS bagged the contract having beaten competition from Germany’s ThyssenKrupp AG and Japan’s Kawasaki Heavy Industries and Mitsubishi Heavy Industries. In a significant development, France and Australia have signed a deal worth $36.3 billion in which French naval contractor will… Read More ›
The U.S. is a major export market for Sweden’s home appliances. Swedish white goods products have registered a 4.8% growth in November, whereas the white goods market in the U.S. have risen by 14.7%. Swedish News Agency, Direkt, has reported… Read More ›
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