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Tag Archives: North Korea

Reuters: Japan Eyes $1B Ballistic Missile Defense Investment in Response to North Korea’s Rocket Tests

Japan looks to accelerate a $1 billion investment toward its ballistic missile defense systems in response to North Korea’s rocket tests that government personnel believe may lead to the future fielding of a medium-range missile, Reuters reported Monday. Nobuhiro Kubo and Tim Kelly write outlays on a budget request for the year include …

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Report: South Korea Considers Purchase of Boeing P-8 Anti-Submarine Patrol Aircraft

TYSONS CORNER, VA, Sept. 8, 2016 — South Korea may purchase four Boeing-developed (NYSE: BA) P-8 Poseidon maritime surveillance aircraft as North Korea continues test firings of its submarine-launched ballistic missiles, ExecutiveBiz reported Wednesday. The country seeks an anti-submarine aircraft equipped with wide surveillance coverage and high speeds to help detect enemy submarines as they surface,  JoongAng Ilbo …

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August 24 Market Close: GovCon Index Down on McKesson Decline as Health Losses Weigh on US Markets

Executive Mosaic’s GovCon Index traded lower Wednesday with McKesson Corp. (NYSE: MCK) the worst net performer at more than double the decline of second-lowest Lockheed Martin (NYSE: LMT) as losses in healthcare shares dragged U.S. stocks into negative territory. General Dynamics was the only GovCon Index-S&P 500 company to record a gain, while McKesson was …

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Boeing Wins $1.6B South Korea Apache Sale

Boeing (NYSE: BA) has won a $1.6 billion sale of 36 attack helicopters to South Korea through 2018 and will also provide training and logistics support services to the country. South Korea intends to replace its aging helicopters with the AH-64E Apache Guardian, which contains a 30-millimeter chain gun and …

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Boeing, Northrop Team Wins $3.5B Missile Defense Award

A Boeing Co. (NYSE: BA) and Northrop Grumman (NYSE: NOC) team has been selected by the U.S. Defense Department to develop, engineer and manufacture missile defense systems on a contract worth $3.48 billion over seven years, Reuters has reported. The companies will work to expand and maintain the Ground-Based Midcourse Defense antimissile …

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