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07 22nd, 2009| 
AFP – Two US defence industry giants, each vying for a huge fighter-jet contract with India, Wednesday hailed a bilateral accord promising to open the door to greater military commerce between the countries. Read the rest of this entry »
Jul
22
AP – Sudan’s fragile peace overcame a major hurdle Wednesday when a legal panel drew a compromise map splitting an oil-rich region between the government-held north and the semiautonomous south controlled by former rebels. Read the rest of this entry »
Jul
22
AP – The Senate voted Tuesday to halt production of the Air Force’s missile-eluding F-22 Raptor fighter jets in a high-stakes showdown over President Barack Obama’s efforts to shift defense spending to a new generation of smaller F-35 Joint Strike Fighters. Read the rest of this entry »
Jul
22
Reuters – The U.S. Senate voted on Tuesday to stop production of the F-22 fighter plane, handing President Barack Obama a victory as he tries to rein in defense spending. Read the rest of this entry »
Jul
22
AP – Lockheed Martin Corp. said its second-quarter earnings fell nearly 17 percent, as large pension expenses dug into the defense contractor’s bottom line and the company’s government-services unit posted disappointing results. Read the rest of this entry »
Jul
22
AP – Suspected Taliban militants armed with bombs, rifles and rocket-propelled grenades launched near-simultaneous assaults Tuesday on Afghan and U.S. facilities in two eastern cities, killing six Afghan police and intelligence officers. Read the rest of this entry »
Jul
22
AFP – US defence group Lockheed Martin and South Korea’s Hyundai Heavy Industries will team up to build and export mid-size warships equipped with advanced Aegis weapons systems, an official said Wednesday. Read the rest of this entry »