Recent Posts

US okays $1bn sale of naval guns to India

Bloomberg The US government has approved the sale of naval guns worth $1 billion to India in the biggest defense deal between the two countries in four years. Putting the US among the top three global arms suppliers to India, the State Department on November 19 of the possible foreign military sale of as many as 13 naval guns made ...

Read More »

Amazon sues over lose of $10bn JEDI cloud contract

Bloomberg Amazon.com Inc filed a lawsuit challenging the Defense Department’s choice of rival Microsoft Corp for a Pentagon cloud-computing contract worth as much as $10 billion. The lawsuit, which was filed under seal in the US Court of Federal Claims in Washington, marks Amazon’s most aggressive push to defend its competitive edge in the lucrative and cutthroat world of federal ...

Read More »

Audi China in talks to buy BYD batteries

Bloomberg Audi AG said it is in talks to buy batteries from China’s BYD Co for its locally made cars, a move that would break the luxury automaker’s reliance on a single supplier in the country as it rolls out new electrified models. “We are in talks with BYD, but I cannot tell you details,” Gaby-Luise Wuest, Audi’s recently appointed ...

Read More »
Send this to a friend