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Category Archives: Defense

Chinese missile could shift Pacific power balance

ERIC TALMADGE, Associated Press Writer ABOARD THE USS GEORGE WASHINGTON – Nothing projects U.S. global air and sea power more vividly than supercarriers. Bristling with fighter jets that can reach deep into even landlocked trouble zones, America’s virtually invincible carrier fleet has long enforced its dominance of the high seas. China may soon put an [...]

Lockheed Looses Contract for Satellites to Thales of FRANCE

By ANDY PASZTOR And DANIEL MICHAELS Thales SA of France scored a major victory Tuesday over Lockheed Martin Corp., as a Thales-led partnership won a roughly $2.1 billion contract to build a fleet of communications satellites for Iridium Communications Inc. Iridium also plans to spend a total of $800 million to launch the constellation of 72 satellites and for [...]

China supercomputer named world’s second-fastest

By JOE McDONALD, AP Business Writer BEIJING – A Chinese supercomputer has been ranked the world’s second-fastest machine in a list issued by U.S. and European researchers, highlighting China’s ambitions to become a global technology center. The Nebulae system at the National Supercomputing Centre in Shenzhen in southern China came in behind the U.S. Department of Energy’s Jaguar in Oak [...]

Black duck eggs and other secrets of Chinese hackers

By Robert Mullins Created May 18 2010 – 5:12pm Black duck eggs on the menu of a Chinese restaurant drew the suspicions of a security consultant reporting to renowned security expert Ira Winkler. The colleague, a former Russian security agent named Stan, was at a new Chinese restaurant in “the middle of nowhere” in the [...]

Boeing Posts $1.56 Billion Loss

By JOAN E. SOLSMAN Boeing Co. swung to a third-quarter loss on $3.5 billion of previously disclosed charges caused by the delay-plagued programs for the 747-8 Freighter and the 787 Dreamliner. The commercial-aircraft manufacturer and defense contractor lowered its forecast for 2009 earnings to between $1.35 and 1.55 a share, down more than $4 from [...]