Aerospace And Defense Industry

Emirates throws Airbus A380 a lifeline with $16 billion deal

Jan 18, 2018

Emirates airline is throwing a lifeline to Airbus's troubled A380 superjumbo aircraft, with a $16 billion deal to buy as many as 36 planes

Iran's working class, facing dim prospects, fuels unrest

Jan 6, 2018

Iran's protests over the past week have been centered in dozens of long-neglected cities and towns, where economic prospects are dim

Turkey, Russia finalize deal on anti-missile defense system

Dec 29, 2017

NATO-member Turkey has finalized a deal with Moscow to purchase a Russian-made anti-missile system

UAE denies claim of Yemen missile attack against its plant

Dec 3, 2017

UAE state-run news agency denies claim that Yemeni missile targeted its under-construction nuclear plant

Airbus to sell 430 planes to Phoenix-based Indigo for $49.5B

Nov 15, 2017

Airbus to sell 430 airplanes to US firm Indigo Partners for $49.5 billion in the European firm's biggest deal

Lockheed offers glimpse into missile defenses eyed by Saudis

Nov 15, 2017

US defense giant Lockheed Martin says it's delivering its Patriot missiles to Saudi Arabia

Boeing inks $1.3B Ethiopian Airlines deal for 777 freighters

Nov 14, 2017

Boeing inks deal to sell four 777 freighters to Ethiopian Airlines, purchase valued at $1.3 billion

EgyptAir to buy 12 Bombardier aircraft for $1.1 billion

Nov 14, 2017

Flagship state carrier EgyptAir signs letter of intent to order 12 Bombardier CS300 passenger aircraft for $1.1 billion

Israeli police launch investigation into drone company

Nov 14, 2017

Israeli police have opened an investigation into an Israeli drone company regarding dealings with a "significant client"

Yemen flights canceled after coalition shuts all ports

Nov 6, 2017

Yemen's national airlines have canceled all flights to the country's only two functioning airports after the Saudi-led coalition has announced a complete shutdown of all ports, air, sea, and land

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