Jul 22

Boeing, Lockheed hail US-India defence deal<br />
    (AFP)<br />

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.

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Jul 22

Ruling on oil region bolsters peace in Sudan<br />
    (AP)<br />

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.

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Jul 22

Senate sides with Obama, removes F-22 money<br />
    (AP)<br />

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.

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Jul 22

Plight of US soldier in Afghanistan 'heartbreaking': Obama<br />
    (AFP)<br />
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Jul 22

Senate votes to stop production of F-22 jet<br />
    (Reuters)<br />

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.

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Jul 22

Lockheed Martin 2Q profit down 17 percent<br />
    (AP)<br />

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.

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Jul 22

Taliban kill 6 in attacks in 2 Afghan cities<br />
    (AP)<br />

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.

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Jul 22

SKorea, US team up on Aegis warships<br />
    (AFP)<br />

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.

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