DefenseNews

Without change, US Navy’s future fleet looks too ambitious for industry

For those of us who maintain detailed forecasts of the global defense market, there are few times as exciting as the annual release of the new Future Years Defense Program (FYDP) budget and the 30-year ship building plan. The long-range plan lays out the path that must be taken by industry to build the capability required by the U.S. Navy. For the long-range plan to be carried out, the first step…
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Cleantech & EV'sNews

China's Chery to set up shop in Europe

Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. This would be Chery’s first manufacturing site in Europe. It’s all part of the Chinese brand’s ambitious plan to set up three brands in…
Cleantech & EV'sNews

Kia to launch new Carens EV, two other mass-market EVs in India

With EV electric vehicle sales surging in India, several automakers are looking to grab their share. Kia recently revealed plans to launch three new EVs in the region, including a new Carens EV. Kia to launch new low-cost models, including Carens EV During its recent CEO Investor Day, Kia unveiled its new roadmap to becoming an electrification leader. The move comes as Kia looks to fend off…
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CryptoNews

7-Day NFT Sales Increase by 37%, Bitcoin-Based Collections Lead

Sales volumes of non-fungible tokens (NFTs) recorded a more than 37% increase to $277 million in the seven-day period ending April 11. Six of the top 10 collections with the largest sales volumes were Bitcoin-based NFTs. Some experts attribute the renewed interest in NFTs to the rise of real-world assets and NFTs with built-in utility. Wash Volumes, Transactions Decrease According to the latest…
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DefenseNews

Army pushes more safety training as helicopter crashes spike

The Army has ordered an aviation “safety stand up,” with additional aviation training across the force following a dozen mishaps that have resulted in 10 fatalities in only the first six months of the fiscal year. By comparison, the Army had 10 mishaps and 14 fatalities…
DefenseNews

US Air Force issues $409 million award for long-sought Pacific airfield

The U.S. Air Force has awarded a contract for an airfield on Tinian, a Pacific island military leaders consider crucial to their plans in the region. Fluor, an engineering and construction company based in Irving, Texas, will receive about $409 million to finish the project within five years, the company announced April 10. Tinian is part of the Commonwealth of the Northern Mariana Islands, an…
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