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...The new system, to be provided by Lockheed Martin, would better enable Taiwan to defend its airspace, provide regional security and increase its ability to operate with US forces through its F-16 programme...
...The industry has been dominated for decades by an oligopoly of century-old contractors, known as “primes”, such as Lockheed Martin and Raytheon....
...Retirement plans such as those of US defence contractor Lockheed Martin are among those putting their money into the London-based broker. Here’s why analysts think the investment is risky. 4....
...This week, Martin Arnold talks about central bank digital currencies; Imani, Joshua Oliver and I look at fintech’s funding woes and I speak to open banking infrastructure provider Yapily....
...Long established companies like Lockheed Martin have found themselves competing with smaller companies that make drones and autonomous vehicles....
...Although fictional, the plane evokes Lockheed Martin’s SR-71, which in the 1960s set a speed record for a piloted jet aircraft of Mach 3.2, or 2,455mph....
...With another $1bn going to Lockheed Martin to build the Orion spacecraft that sits on top of the SLS, the agency puts the total cost for each Artemis mission at $4.1bn....
...This week’s newsletter kicks off with a scoop from Frankfurt bureau chief Martin Arnold about how Binance is cracking down on sanctions evasion on its exchange....
...It is a similar idea to vertical take-off military jets such as the Hawker Siddeley Harrier and the Lockheed Martin F-35 strike fighter, but there are no widely used civil-aviation equivalents....
...The sudden boom in orders last autumn, in the wake of a sharp, pandemic-induced drop, resembled “a very sharp V . . . in China it was a very, very sharp V,” Busch said....
...Germany’s economy will recover faster than expected from the coronavirus pandemic, with the resilience of its labour market helping achieve a sharp, V-shaped recovery, the government has said....
...“They've managed a V-shaped recovery in the Chinese economy.”...
...It has also leapt ahead of contractors such as Boeing and Lockheed Martin, whose joint venture, United Launch Alliance, had carried the flag for US space launch — though using Russian engines....
...Peter Altmaier, economy minister, also sent an upbeat message about the German economy last week, forecasting that the resilience of the country’s labour market would help it achieve a sharp, V-shaped recovery...
...“It is time to acknowledge that even without a meaningful second infection wave the V-shaped rebound in retail trade will turn out to be solely the first leg of a W-shaped recovery formation,” said Ms Utermöhl...
...bullish message of Peter Altmaier, economy minister, who said on Tuesday that Germany would recover faster than expected from the pandemic, with the resilience of its labour market helping achieve a sharp, V-shaped...
...Christoph Weil, an economist at Commerzbank, said the data “confirm[ed] our assessment that there will be no V-shaped recovery in the euro area”....
...Founded in 1907, Lowy works with the Metropolitan Museum of Art, Sotheby’s and the actor Steve Martin, a notable collector....
...“Today’s PMI numbers provide further evidence of what initially looks like a textbook V-shaped recovery,” said Carsten Brzeski, economist at ING....
...Adam Slater, lead economist at Oxford Economics, said that across advanced economies it was too early to celebrate a V-shaped spending bounce just because there were some initial strong signs of life among...
...“I am not convinced that we are going to have a V-shaped recovery,” he said. “I think it will be more like a U. The key thing is to shorten the lower part of the U . . ....
...As economists debate the shape of the recovery — from V-shaped to L-shaped — Ms Lagarde rejected “this alphabet soup that we are hearing about” and warned that the recovery would be constrained, uncertain...
...“The fiscal spending can really help them get a V-shaped recovery.” In the longer term, there could be other benefits of central Europe’s ties with Germany....
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