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Business/Financial

No More EADS As Airbus Group Brand Launches

By Cal Biesecker

Thursday, January 2nd, 2014

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Airbus Group CEO Tom Enders. Photo: Airbus Group

The former European Aeronautic Defence & Space Co., on Wednesday began operating under its new brand, Airbus Group, capitalizing on a name that is well known worldwide for competing with Boeing [BA] in the commercial market for passenger and cargo aircraft. Airbus Group features three operating divisions, Airbus, which is focused on commercial aircraft activities, Airbus Defence and Space, which incorporates the defense and space activities of the former business units Cassidian, Astrium and Airbus Military, and Airbus Helicopters, which…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]