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India

Mike Stone

Biden healthcare plan draws contrast with White House rivals

16 Jul 2019

WASHINGTON Democratic presidential front-runner Joe Biden unveiled a $750 billion healthcare plan on Monday that he said would strengthen the Affordable Care Act, drawing a contrast with rivals who back a more sweeping "Medicare for All" government-run system.

Biden healthcare plan would curb drug prices, raise taxes on rich

15 Jul 2019

WASHINGTON, July 15 Former U.S. Vice President Joe Biden, the front-runner in the Democratic presidential race, unveiled a healthcare plan on Monday estimated to cost $750 billion and paid for partly by higher tax rates for the wealthy and doubled tax rates on capital gains.

U.S. House passes $733-billion defence policy bill after Trump threatens veto

13 Jul 2019

WASHINGTON The U.S. House of Representatives approved a $733-billion defence policy bill on Friday, defying President Donald Trump's veto threat by including provisions like a clampdown on funding for his planned wall on the border with Mexico.

Northrop engine teams with Raytheon hypersonic program

18 Jun 2019

Raytheon Co said on Tuesday it has teamed up with Northrop Grumman Corp to develop and produce engines for hypersonic weapons that can travel 4,000 miles per hour.

Exclusive: Satellite image provider Maxar eyes sale of space robotics unit - sources

15 Jun 2019

U.S. satellite imagery company Maxar Technologies Inc is exploring a sale of its space robotics business, which could fetch more than $1 billion and allow it to pay down some of its debt, according to people familiar with the matter.

Republicans in U.S. Congress push back on Trump weapons packages to Saudi Arabia, UAE

13 Jun 2019

WASHINGTON U.S. Republican members of Congress pushed back on Wednesday against President Donald Trump's plan to sell $8 billion in weapons to Saudi Arabia and the United Arab Emirates, saying it was "unfortunate" the administration used an emergency declaration to avoid Congressional review.

Republicans in U.S. Congress push back on Trump weapons packages to Saudi Arabia, UAE

13 Jun 2019

WASHINGTON, June 12 U.S. Republican members of Congress pushed back on Wednesday against President Donald Trump's plan to sell $8 billion in weapons to Saudi Arabia and the United Arab Emirates, saying it was "unfortunate" the administration used an emergency declaration to avoid Congressional review.

Pentagon gets 8.8% discount in $34 billion F-35 jet deal

11 Jun 2019

WASHINGTON The U.S. Department of Defense has a "handshake" agreement with Lockheed Martin Co to cut 8.8 percent from the price of its latest order of F-35A fighter jet, shaving a year from the time frame in which each aircraft will cost less than $80 million, a Pentagon official said on Monday.

Pentagon agrees first multiyear purchase of F-35 jets, worth $34 bln

10 Jun 2019

WASHINGTON, June 10 The U.S. Department of Defense has a "handshake" agreement that would cut the price of the F-35A fighter jet by 8.8% and bring the price of each Lockheed Martin Co aircraft below $80 million dollars a year earlier than expected, a Pentagon official said in a statement on Monday.

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