An intercept test of a missile-destroying laser aboard a converted Boeing Co 747 aircraft has been postponed for a fourth time because of technical problems, the Pentagon’s Missile Defense Agency said.
“Troubleshooting indicates that a hot bypass valve on the aircraft is in an abnormal condition, thus not allowing for proper [...]
More than 3 1/2 years after President Felipe Calderon declared war on Mexico’s drug cartels, the pace of killings has increased and 2010 is on track to be the deadliest yet in a campaign that has already claimed as many as 28,000 lives.
While the insecurity has put a damper on business [...]
2010 Aug 07 | Posted in
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With government budgets across Europe set to shrink significantly in the coming years, the parent company of Airbus predicted that the group’s military business would become increasingly focused on markets in Asia, Latin America and the Persian Gulf and it hinted that the outsourcing of European aerospace jobs to those regions was all but inevitable.
“It [...]
2010 Jul 18 | Posted in
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SAO PAULO — Brazil’s Embraer announced expansion of its aviation business into China with the opening of a subsidiary company that will provide technical services for aircraft already on the Chinese inventory and many more on order, according to a report of news agency UPI.
The aircraft maker said it is investing $18 million into the [...]
Newark, U.S.- On this particular day at NJIT (New Jersey Science and Technology University), the focus of one of the top technological minds in the country is on cork.
It is a single cork, from Portugal, where 320 million pounds of bottle stoppers are produced every year. The billion-dollar cork industry is [...]
2010 Jun 13 | Posted in
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Merger and acquisition activity in the defense industry is heating up, and is expected to far surpass the deal volume last year as larger companies target smaller ones with niche technologies.
The Obama administration’s decision to move funding from traditional weapons to areas of unmanned war is pushing prime contractors to [...]
Biometric technology has taken new strides toward identification of moving people at distances of up to 10 feet, making all previous biometric technologies for establishing identity seem outmoded or in need of upgrading.
Sarnoff Corporation, the company behind the innovative technology, said the award-winning “Iris on the Move” system had demonstrated that [...]
2010 May 08 | Posted in
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Your cell phone might soon become its own canary as well. The U.S. Department of Homeland Security — specifically, its Science and Technology Directorate division — wants to help create 40 prototypes, by the end of this year, of cell phones that can detect toxic chemicals in the air just as easily as they can [...]
2010 Apr 18 | Posted in
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China’s biggest offshore energy explorer CNOOC, and Sinochem Group may separately bid as much as $3 billion for a 40 percent stake in a Brazilian oil field owned by Norway’s Statoil ASA, two people with knowledge of the companies’ plans said to Bloomberg.
The stake in the Peregrino field off the Brazilian coast may fetch [...]
The Bovespa stock index climbed to the highest level in 21 months and the real strengthened after Brazil’s industrial production grew more than estimated and manufacturing in China expanded at a faster pace in March. READ MORE HERE
Banco Santander Brazil´s SA´s $500 million debt sale yesterday capped a record quarter of dollar bond offerings by [...]