AMERICAN NORTHROP GRUMMAN
CEOs got hefty pay raises in 2023, widening the gap with the workers they oversee
Top paid female CEOs in 2023 include Lisa Su, Mary Barra, Jane Fraser, Kathy Warden, and Carol Tome. Lisa Su of Advanced Micro Devices led with USD30.3 million. Female CEO median pay rose 21% to USD17.6 million, outperforming male counterparts.
China sanctions defense-related US companies and executives over Russia, Taiwan
China claims the self-governed island as its own territory, to be annexed by force if necessary. It has long opposed any weapon sales by the U.S. to the island. While the U.S. does not recognize Taiwan as a country, Washington is obligated by a federal law to ensure the island's government has the means to defend itself.
Iran’s better, stealthier drones are remaking global warfare
Iran's drone technology is reshaping global conflicts, with drones based on Iranian designs being used in various countries, including Sudan, Syria, and Ukraine. These drones, like the Zagel-3 based on Iran's Ababil model, are becoming increasingly sophisticated and are used by militias and militaries worldwide. Iran's drone industry, fueled by sanctions and innovative methods to circumvent them, is a key element of its military strategy, allowing it to project power and influence far beyond its borders.
IBM CEO Arvind Krishna joins USISPF Board
Arvind Krishna, IBM CEO, has joined USISPF, bringing his expertise in technology and market transitions. He is a leading figure among Indian-American CEOs of Fortune 100 companies and has made significant contributions in wireless networking, security, systems, and databases.
A gigantic new ICBM will take US nuclear missiles out of the Cold War-era but add 21st-century risks
The control stations for America’s nuclear intercontinental ballistic missiles have a sort of 1980s retro look, with computing panels in sea foam green, bad lighting and chunky control switches, including a critical one that says “launch.” Those underground capsules are about to be demolished and the missile silos they control will be completely overhauled. A new nuclear missile is coming, a gigantic ICBM called the Sentinel. It's the largest cultural shift in the land leg of the Air Force's nuclear missile mission in 60 years.
Cash-strapped Pakistan sold weapons worth USD 364 million to Ukraine: Report
In a recent development, Pakistan has reportedly earned USD 364 million in an arms deal with two private US companies, "Global Military" and "Northrop Grumman," to supply ammunition to Ukraine amid its conflict with Russia. A British military cargo plane made five trips from Pakistan to Cyprus and Romania, delivering the arms.
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US stock market: S&P 500, Dow advance as investors monitor Mideast conflict headlines
"The stock market and investors are focused on two things, the economy and earnings. The U.S. economy is not slowing and earnings are expected to come out of a recession with reports starting this week," Augustine said.
Israel-related stocks fall globally as war escalates
Saturday's assault has sparked fresh concern about geopolitical risks at a time when global financial markets already were grappling with the impact of higher interest rates and the slowdown in China's economy. Oil prices surged while US stock-indexes dropped.
Wall Street declines on Middle East conflict
At 11:33 a.m. ET, the Dow Jones Industrial Average was down 13.18 points, or 0.04%, at 33,394.40, the S&P 500 was down 6.67 points, or 0.15%, at 4,301.83, and the Nasdaq Composite was down 75.77 points, or 0.56%, at 13,355.57. The CBOE volatility index, Wall Street's "fear gauge", also rose to 18.54, reflecting investor anxiety
Eyeing China in the Pacific, US studies explosives to make missiles fly farther
The Pentagon and Congress are considering a retrofit on missiles and rockets to increase their range and allow US forces to operate further away from China, according to anonymous sources. Propellants will be made more powerful, and warheads will be made lighter to extend ranges by up to 20%.
Arms companies make a killing in world bazaar
The Russia-Ukraine crisis and the rise of a militarily aggressive China has spurred weapons sales - be it European nations shoring up defences, Japan and India countering expansionist moves by their giant neighbour, or the middle east battling interstate rivalries.
European officials accuse USA of making profits from Ukraine war
Top European officials are reportedly upset with the USA administration and alleged that the USA is making a fortune from the war, even as the EU suffers, according to a report in a leading Western media.
US reveals secretive B-21 bomber in California
Delivering his remarks at the ceremony in California, US Secretary of Defense Lloyd Austin said the B-21's edge will last for decades. Austin explained that the B-21 bomber will not be theater-based, it won't need logistical support to hold any target at risk, and the most sophisticated air defence systems will struggle to detect the stealth aircraft.
US Air Force’s B-21 Raider: Know what makes it the most advanced military aircraft
The B-21 Raider of the US Air Force is about to be unveiled. The manufacturing company Northrop Gruman calls the aircraft “pioneering”.
Pentagon debuts its new stealth bomber, the B-21 Raider
The B-21 Raider is the first new American bomber aircraft in more than 30 years. Almost every aspect of the programme is classified. Ahead of its unveiling Friday at an Air Force facility in Palmdale, California, only artists' renderings of the warplane have been released.
Europe eyes Elon Musk's SpaceX to bridge launch gap left by Russia tensions
The private American competitor to Europe's Arianespace has emerged as a key contender to plug a temporary gap alongside Japan and India, but final decisions depend on the still unresolved timetable for Europe's delayed Ariane 6 rocket.
A tricky challenge? US astronaut Mark Vande Hei set to ride Russian spacecraft home amid tensions
Vande Hei is due to leave with 2 Russians aboard a Soyuz capsule in Kazakhstan on March 30.
Beyond corporatisation: The road ahead for ordnance units
Because of this monopoly, there was no incentive for OFB to improve its quality of products and implement a dynamic system of getting customer feedback on both quality and delivery.
Decision on Minuteman to shape United States nuclear policy for decades
The outcome of the fight likely will steer nuclear policy and strategy for decades to come. It could influence how U.S. allies in Europe and Asia view the reliability of America's nuclear "umbrella", the security net that has allowed most of them to forgo developing nuclear weapons of their own.
Pentagon estimates cost of new nuclear missiles at $95.8 billion
The weapons, known as intercontinental ballistic missiles, or ICBMs, are intended as part of a near-total replacement of the American nuclear force over the next few decades at a total cost of more than $1.2 trillion.
NASA lifts off SS Kalpana Chawla cargo spacecraft
The S.S. Kalpana Chawla launched from the Mid-Atlantic Regional Spaceport (MARS) at NASA's Wallops Flight Facility in Virginia at 09:38 p.m. EDT. The spacecraft, a Northrop Grumman Cygnus, will arrive at and be attached to the space station two days later.
US spacecraft named after late astronaut Kalpana Chawla, who died during a space mission
Chawla had made history at NASA as the first female astronaut of Indian descent.
Trump aims to sidestep another arms pact to sell more US drones
The policy change, which has not been previously reported, could open up sales of armed U.S. drones to less stable governments such as Jordan and the United Arab Emirates that in the past have been forbidden from buying them under the 33-year-old Missile Technology Control Regime (MTCR).
Space-aged wines for connoisseurs: 12 Bordeaux bottles to remain corked in orbit for a year
The space-aged wine will be compared to Bordeaux wine aged on Earth.
How a dogfight drove home the allure of India's arms market
Defence manufacturers big and small suddenly have a clear hint of what a lucrative market India could be.
Japan's military seeks record spending to reinforce North Korea missile defence
The Ministry of Defence budget proposal released on Friday calls for defence spending to rise 2.1 percent to 5.3 trillion yen ($48 billion) for the year starting April 1.
Indian-American CEOs welcome Trump's apprenticeship programme
Several Indian-American CEOs including Nooyi, Banga also signed on this advertisement supporting Trump's initiative.
Cyber defence: How prepared is India for cyber warfare
Israel did it first. The Chinese copied it. Now the West is revving up its cyber defence prowess. Here’s a look at where India stands.
Boeing eyes major military aviation deals with India
US major Boeing has set its eyes on garnering a large chunk of that pie which includes the IAF's and Navy's requirements of airborne early warning system and mid-air refuellers.
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