International
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Business/FinancialPrivate Equity Firm Blackstone To Acquire MB Aerospace
The private equity firm Blackstone Group [BX] on Monday said it has agreed to acquire aerospace engine component manufacturer MB Aerospace from another investment firm, Arlington Capital Partners. Terms of […]
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CyberU.K. Agrees With China Not To Support Cyber Theft Of Intellectual Property
United Kingdom Prime Minister David Cameron and Chinese President Xi Jinping this week reached a series of strategic agreements, including a prohibition on both countries’ governments not supporting the cyber-enabled […]
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CyberChinese Government Still Hacking Commercial Companies, Report Says
CrowdStrike, a company that provides cyber protection services, said Monday it has detected several attempted intrusions against private companies originating in actors affiliated with the Chinese government–just several weeks after […]
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Business/FinancialRaytheon Posts Higher Sales, Lower Earnings In Third Quarter
Raytheon [RTN] on Thursday reported higher sales in its third quarter but earnings fell due to accounting adjustments related to the company’s acquisition this year of Websense, lower operating income, […]
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InternationalU.S., Partner Nations Cooperatively Intercept Missiles During Exercise
During an Oct. 20 at-sea demonstration, Aegis combat system-equipped U.S. Arleigh Burke-class destroyers worked with Norwegian and Spanish frigates to intercept a ballistic missile and cruise missile fired simultaneously at […]
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Business/FinancialAirbus Announces Defense and Space Division CEO Succession
Airbus announced on Tuesday that Dirk Hoke, recently CEO of the Large Drives business unit of Siemens AG, will succeed Bernhard Gerwert as CEO of Airbus Defense and Space (DS). […]
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CyberU.S. and South Korea Promise To Increase Cyber Cooperation
Following South Korean President Park Guen-hye’s second visit to Washington, D.C. last week the governments of the United States and South Korean agreed to increase cyber cooperation between the countries, […]
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Business/FinancialElbit Systems USA President Encourages Proactive U.S. Industrial Policy To Spur Innovation
The head of Elbit Systems of America called on the United States to have more proactive industrial policy, like Israel, if it wants to spur innovation in defense technologies. “I […]
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CongressSaudi Arabia Recives Go Ahead to Buy Lockheed Martin’s Littoral Combat Ship
Saudi Arabia is poised to become first foreign buyer of Lockheed Martin’s [LMT] Freedom-class Littoral Combat Ship after receiving State Department approval for a four-ship order. The Defense Security Cooperation […]
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CyberNATO And Czech Republic Sign Cyber Cooperation Memo
NATO and the Czech Republic signed a new Memorandum of Understanding (MoU) on Monday to improve and enhance cyber defense cooperation and assistance between NATO and national cyber defense authorities. […]