Page 92 - Tim Hepher News Today

Industrialist Jean Pierson, the "Bear of the Pyrenees" who propelled planemaker Airbus onto the global jet market and began its transformation from a loose consortium into a European giant, has died, former colleagues said on Thursday.

ROME (Reuters) - France and the United States agreed on Friday to explore making arms export rules more effective, addressing a long-running source of friction as their leaders met for the first time since a spat over a U.S. security pact with Britain and Australia.

Germany's MTU Aero Engines on Friday became the latest supplier to express caution over plans by Airbus for sharp increases in jet production.

By Michel Rose and John Irish ROME (Reuters) - France and the United States agreed on Friday to explore making arms export rules more effective, addressing a long-running source of friction as their leaders met for the first time since a spat over a U.S. security pact with Britain and Australia. The presidents intend to launch a U.S.-France defense trade strategic dialogue to foster a shared view on defense market access and export issues, U.S. President Joe Biden and French President Emmanuel M...

France and the United States agreed on Friday to explore making arms export rules more effective, addressing a long-running source of friction as their leaders met for the first time since a spat over a U.S. security pact with Britain and Australia.

Hopes of an imminent breakthrough in deliveries of Boeing Co's 787 jetliner were fading on Tuesday after a top supplier reported a lull in activity and two industry sources said the jetmaker continued to wade through lingering factory problems.

Airbus was forced for the second time in as many days to defend sharp increases in production, after one its engine makers said its industrial plans did not match Airbus proposals for a near-twofold increase in the output of A320 jets by 2025.

French defence group Thales reaffirmed full-year financial forecasts as it reported a 1.4% dip in underlying third-quarter sales, dampened by comparisons with the easing of a first wave of COVID-19 lockdowns a year earlier.

Raytheon Technologies' top boss warned on Tuesday the U.S. aerospace and defense firm will lose 'several thousand' employees who refused to take COVID-19 vaccines, as it prepares to meet the Biden administration's Dec. 8 deadline for immunization.

Airbus was forced for the second time in as many days to defend sharp increases in production, after one its engine makers said its industrial plans did not match Airbus proposals for a near-twofold increase in the output of A320 jets by 2025.