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US defence sector outlook optimistic despite Trump stock-buyback threat
Major US defence manufacturers maintain a strong financial outlook despite a White House executive order prohibiting stock buybacks and dividends for firms deemed to be underperforming on contracts.
Southeast Asia accelerates fighter procurement amid heightened geopolitics
Regional air forces are recapitalising combat fleets as geopolitical tensions prompt governments to prioritise defence capabilities, with Indonesia, the Philippines and Thailand leading procurement efforts despite funding constraints and fragmented acquisition strategies.
Tall order: US aviation industry faces $4.5bn bill to replace 60,000 altimeters in next wave of 5G fiasco
US operators are faced with replacing or upgrading some 58,600 radio altimeters across their fleets at a cost of at least $4.5 billion under a newly proposed FAA rule designed to prevent interference from expanded 5G wireless networks.
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