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By Ankit Ajmera, Eric M. Johnson Boeing Co reported its fourth straight quarterly loss on Wednesday as the coronavirus pandemic and 737 MAX grounding continued to hammer sales, while reaffirming its expectation that U.S. deliveries of the jet would resume before year-end. The U.S. plane-maker also said it was sticking with the deeply reduced twin-aisle production rates announced in July, as well as the goal to hit a build rate of 31 narrow-bodies monthly in early 2022. The COVID-19 pandemic has brought air travel to a near halt, pushing major airlines to the brink of bankruptcy and forcing them to seek government aid, cut costs and defer aircraft deliveries - when Boeing gets paid most of the money for new jets. “While losing money and burning through over $5 billion in three months is hardly good news, at least it wasn’t worse than this,” Vertical Research Partners analyst Rob Stallard wrote in a note. Chief Financial Officer Greg Smith said Boeing is ready to cut 787 production a...

MOSCOW --- Russia’s Aerospace Force has successfully test-fired a new missile of the country’s anti-ballistic missile (ABM) defense system at the Sary-Shagan proving ground in Kazakhstan, the Defense Ministry of Russia announced on Wednesday. "The combat team of the Aerospace Force’s air and anti-ballistic missile defense troops successfully conducted the next test-launch of a new missile of the Russian anti-ballistic missile (ABM) defense system at the Sary-Shagan proving ground (the Republic of Kazakhstan)," the ministry said in a statement. #Видео Эксклюзивные кадры испытательного пуска новой ракеты российской системы противоракетной обороны https://t.co/K2e1DKILSG #Минобороны #ВКС #ПРО #Пуск #СарыШаган #Ракета pic.twitter.com/ESiAAsd1bh — Минобороны России (@mod_russia) October 29, 2020 Exclusive footage of a test launch of a new missile for the Russian missile defense system, posted by the Russian Ministry of Defence. "The new interceptor missile of the...

EU to Allow Britain, U.S. In on Future Joint Defence Projects, Envoys Say (excerpt) BRUSSELS --- The European Union will allow non-members such as Britain and the United States to take part in future joint EU defence projects, but only on an exceptional basis, three EU diplomats said on Wednesday. The decision resolves a long saga over whether Britain, which has left the bloc, could take part in a new EU defence pact, known as Permanent Structured Cooperation (PESCO), which aims to help the EU fund, develop and deploy armed forces together. It will not amount to an EU military. The breakthrough of an impasse which dates back to June 2018 also helps to revive EU defence integration efforts launched with great fanfare in December 2017, in part to show unity after Brexit, but which ran into bureaucratic hurdles. In May this year, the European Commission made a long-awaited proposal to earmark 8 billion euros ($9.5 billion) of its next budget on a new, complementary EU defence fund, kee...

The U.S. Strategic Command announced the successful completion on Wednesday of "Global Thunder 21," an annual exercise involving over 150,000 personnel. The nine-day command and control exercise focuses on realistic training scenarios for nuclear readiness of U.S. forces around the world, allied nations and partner organizations. It is designed to deter and defeat a simulated strategic attack against the United States, USSTRATCOM officials said in a press release. The exercise is essentially a rehearsal of actions in the event of a nuclear war, with portions occurring at multiple locations, notably USSTRATCOM headquarters at Offutt Air Force Base, Neb., Whiteman Air Force Base, Mo., and Barksdale Air Force Base, La. "Global Thunder 21 also involves allied personnel from Australia and the United Kingdom," USSTRATCOM said at the start of Global Thunder 21 in a statement. "Allied personnel integrate into senior leadership teams and work across a broad spectrum...

Chinese space engineers have begun to test technologies that they hope will help to make their carrier rockets smarter. Cheng Xing, a designer at the China Academy of Launch Vehicle Technology in Beijing, said analyses on failed launch missions have shown that some of previous problems could have been prevented if the rockets involved had been more intelligent. Currently, all rockets in China fly in accordance with a preset trajectory and maneuvers, and are unable to respond to emergencies. "If those rockets (in failed missions) were capable of autonomously detecting and handling possible hazards and adjusting their trajectory, the missions' results would probably have been better," Cheng said on Wednesday. His academy, part of the State-owned China Aerospace Science and Technology Corp and the nation's biggest maker of carrier rockets, started the research and development program for smart rocket technology in 2018. They have made progress, he said. Simply put, ...

In 2017, Beatrice Fihn's organisation ICAN won the Nobel Peace Prize for what many considered an idealistic and unrealistic battle against nuclear weapons. But since Saturday, the campaigners have a fully ratified treaty to show for their efforts, with Fihn voicing optimism it could usher in a "new era for nuclear disarmament". The text has now been ratified by 50 countries, paving the way for it to take effect after 90 days -- but notably the top nuclear powers have all refused to sign up. Fihn, who heads the International Campaign to Abolish Nuclear Weapons coalition that won the Nobel three years ago for its key role in drafting the treaty, described reaching the required number of ratifications as "a real historic moment", Campaigners hope that the fully ratified treaty will have the same impact as previous international agreements banning landmines and cluster munitions, casting stigma on their stockpiling and use, and spurring a change in behaviour eve...

  🇦🇺 Australia Post issued a pane of 5 identical self-adhesive My Stamps on the subject of Let’s Melbourne Again on 26 October 2020. The issue is said to be “a commitment from the people, brands and businesses of Melbourne to inspire hope and encourage people to help bring the city back to life again”. The issue relates to the city’s emergence from a 111 day COVID-19 ‘lockdown’ which began in July and has now resulted in the first day for months in the city where no COVID-19 related deaths nor new cases have been seen. The past few months have had a devastating effect on the local economy and large numbers of deaths have occurred in the city which has a population of 5 million. It therefore seems reasonable for Australia Post to issue a stamp to recognise what the people of Melbourne have been through, to express solidarity with them and to provide hope for the future of the city. Rating:- *****. 🇬🇧 I have added 4 more Royal Mail ...