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News

Japan relaxes military export curbs for planned jet fighter

Japan relaxes military export curbs for planned jet fighter By Tim Kelly TOKYO, March 26 (Reuters) - Japan's government on Tuesday relaxed military equipment export restrictions, the second change in less than four months, to allow future overseas sales of an advanced jet fighter it is developing with Britain and Italy. The rule change applies only to Cabinet-approved jet fighter exports and will be limited to countries - currently 15 - that have defence equipment transfer agreements with Tokyo
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Britain plans to boost nuclear workforce

Britain plans to boost nuclear workforce LONDON, March 24 (Reuters) - Prime Minister Rishi Sunak will set out plans to boost Britain's nuclear workforce on Monday, as increased submarine building and the growing needs of the nuclear energy industry are forecast to create 40,000 new jobs by 2030. The government will partner with defence companies BAE Systems BAES.L , Rolls-Royce RR.L and Babcock BAB.L plus energy giant EDF to invest more than 763 million pounds ($961 million) by the end of the de
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Australia earmarks billions for naval infrastructure as BAE wins AUKUS submarine work

Australia earmarks billions for naval infrastructure as BAE wins AUKUS submarine work By Lewis Jackson SYDNEY, March 21 (Reuters) - Australia said Thursday it would spend billions on docks, shipyards and factories at home and in Britain for nuclear-powered submarines under the AUKUS security pact, and named Britain's BAE Systems BAES.L to help build the boats.
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BAE Systems chosen to build Australia's nuclear-powered submarines, UK says

BAE Systems chosen to build Australia's nuclear-powered submarines, UK says LONDON, March 21 (Reuters) - Britain's BAE Systems BAES.L will build new nuclear-powered submarines for Australia in partnership with Australian company ASC under the AUKUS security pact, Britain said in a statement on Thursday. The deal with Australia, which the UK said could boost its defence industry by billions of pounds over the years, will also benefit Rolls-Royce RR.L , as the British engineering firm will deliver
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JAL nears decision on potential wide-body jet order, sources say

JAL nears decision on potential wide-body jet order, sources say March 19 (Reuters) - Japan Airlines 9201.T is nearing a decision on a potential order of about two dozen wide-body jets with Boeing BA.N tipped to win at least part of the multi-billion-dollar deal with its 787 Dreamliner, industry sources said on Tuesday. The carrier is the latest Asian operator to wade into a tightening market for long-haul aircraft after a prolonged downturn in demand for the industry's big jets.
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