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Defense Business Brief: Global defense spending up; In-person trade shows to resume; Lawmakers want billions for shipyards; and more.

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Dispute over work on Air Force One causes 56 layoffs San Antonio

Dispute over work on Air Force One causes 56 layoffs San Antonio
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Air Force One lands at the Pittsburgh International Airport Wednesday, March 31, 2021, in Coraopolis, borough west of Pittsburgh. President Joe Biden wants $2 trillion to reengineer America’s infrastructure and expects the nation’s corporations to pay for it. The Democratic president traveled to Pittsburgh on Wednesday to unveil what would be a hard-hatted transformation of the U.S. economy. (Peter Diana/Pittsburgh Post-Gazette via AP)Peter Diana, MBI / Associated PressShow MoreShow Less
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FILE - In this April 6, 2017, file photo, members of the White House press corps board Air Force One before the arrival of President Donald Trump at Andrews Air Force Base, Md. Trump says Air Force One is getting a patriotic makeover. Trump says the familiar baby blue color on current models of the presidential aircraft will give way to red-white-and-blue coloring on updated mode ....

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DBV Technologies S.A.: DBV Technologies to Participate in Upcoming Investor Conferences

DBV Technologies S.A.: DBV Technologies to Participate in Upcoming Investor Conferences
DBV Technologies to
Upcoming Investor Conferences
DBV Technologies (Euronext: DBV - ISIN: FR0010417345 - Nasdaq Stock Market: DBVT), a clinical-stage biopharmaceutical company, today announced its participation in the following upcoming virtual investor conferences in May 2021.
Kempen
Life Sciences Conference, May 5, 2021
Dr. Pharis Mohideen, Chief Medical Officer, and Sebastien Robitaille, Chief Financial Officer, will participate in virtual investor meetings.
Societe
Nice Conference, May 27, 2021
Daniel Tassé, Chief Executive Officer, and Sebastien Robitaille, Chief Financial Officer, will participate in virtual investor meetings.
About DBV Technologies
DBV Technologies is developing Viaskin, an investigational proprietary technology platform with broad potential applications in immunotherapy. Viaskin is based on epicutaneous immunotherapy, or EP ....

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Self-driving vehicles move closer to green light in the United Kingdom

By JULIAN SHEA in London |
China Daily Global |
Updated: 2021-04-29 09:31
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Test vehicles and sensors are seen from Aeva Inc, a Mountain View, California-based startup that makes lidar sensors to help self-driving vehicles see the road in an undated handout photo provided Sept 4, 2020. [Photo/Agencies]
Motoring industry groups have given a cautious welcome to the news that drivers on British roads could be allowed to let their vehicles self-drive before the end of this year.
Automated lane-keeping system technology, known as Alks, will permit drivers in slow-moving traffic to take their eyes off driving, with the car s own artificial intelligence ensuring that the vehicle keeps a safe distance from others and stays in its lane, and does not go faster than 59 km/h. ....

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Boeing VC-25B takes $318m loss due to Covid restrictions and supplier dispute

By Garrett Reim2021-04-28T22:28:00+01:00
Boeing’s V-25B was snagged by coronavirus restrictions and a dispute with a supplier in the first quarter of 2021, causing the company to report a $318 million loss on the Presidential Aircraft Replacement programme.
The VC-25B is popularly known by its call sign “Air Force One” when the US president flies aboard. The latest variant of the executive transport is based on the 747-8 commercial airliner.
Source: Boeing
VC-25B rendering
Production of the two VC-25B aircraft ordered by the US Air Force (USAF) was disrupted by the coronavirus “where employee clearance constraints impede our ability to exchange mechanics when quarantines are required”, says Dave Calhoun, chief executive officer of Boeing, in a first quarter 2021 earnings call on 28 April. ....

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