Edition:
India

Mike Stone

Exclusive: Taiwan in talks to make first purchase of sophisticated U.S. drones - sources

07 Aug 2020

WASHINGTON The United States is negotiating the sale of at least four sophisticated aerial drones to Taiwan for the first time, according to six U.S. sources familiar with the negotiations, aircraft that can keep watch over huge swathes of sea and land.

EXCLUSIVE-Taiwan in talks to make first purchase of sophisticated U.S. drones - sources

06 Aug 2020

WASHINGTON, Aug 6 The United States is negotiating the sale of at least four of its large sophisticated aerial drones to Taiwan for the first time, according to six U.S. sources familiar with the negotiations, in a deal that is likely to ratchet up tensions with China.

U.S. relaxes rules to export more aerial drones

25 Jul 2020

WASHINGTON The Trump administration will reinterpret a Cold War-era arms agreement between 34 nations to allow U.S. defense contractors to sell more drones to allies, the White House said on Friday.

New Lockheed CEO says 5G networks key to military vehicle autonomy

21 Jul 2020

WASHINGTON James Taiclet, the new chief executive at Lockheed Martin the Pentagon's largest weapons supplier, is keen to use 5G networks to bolster the militaries' autonomous capabilities, he told Reuters in an interview following the company's earnings announcement on Tuesday.

Lockheed Martin raises 2020 profit forecast, shares jump

21 Jul 2020

Lockheed Martin raised its full-year profit and revenue forecasts on Tuesday as the U.S. weapons supplier overcame coronavirus-driven supply disruptions to post higher quarterly sales in its aeronautics unit that makes the F-35 fighter jet.

Defense firms lobby to ensure COVID-19 costs do not dent Pentagon budget

09 Jul 2020

WASHINGTON Chief executives of eight defense companies including Lockheed Martin Corp and Raytheon Technologies Corp have asked the U.S. government to ensure that billions of dollars are not taken from the Pentagon's budget to shore up firms hit by COVID-19 without being replaced with new funds.

Pentagon contracts to help COVID-hit defense firms reaches $472 million

23 Jun 2020

WASHINGTON, June 22 Pentagon contracts to support U.S. weapons makers and contractors impacted by the coronavirus have reached nearly half a billion dollars, a Pentagon official said on Monday.

Exclusive: Trump aims to sidestep another arms pact to sell more U.S. drones

12 Jun 2020

WASHINGTON The Trump administration plans to reinterpret a Cold War-era arms agreement between 34 nations with the goal of allowing U.S. defense contractors to sell more American-made drones to a wide array of nations, three defense industry executives and a U.S. official told Reuters. | Video

Lockheed may delay delivery of up to 24 F-35 jets as COVID-19 hits suppliers

20 May 2020

WASHINGTON Lockheed Martin said on Tuesday it will slow production of its stealthy F-35 fighter jets at its Texas facility, possibly delaying delivery of between 18 and 24 jets due to a parts shortage as the coronavirus hampers production across the jet's vast supply chain.

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