Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM) President Anthony Shelton issued the following statement in support of 1,400 BCTGM members in Battle Creek, Mich. (Local 3G), Omaha, Neb. (Local 50G), Lancaster, Pa. (Local 374G) and Memphis, Tenn. (Local 252G) who are on strike against the Kellogg Company: “The BCTGM International Union stands in unwavering Solidarity with our courageous Brothers and Sisters who are on strike against the Kellogg Company. “For more than a year throughout the COVID-19 pandemic, Kellogg workers around the country have been working long, hard hours, day in and day out, to produce Kellogg ready-to-eat […]
production
52 posts
The U.S. Navy is closely following the developments of its newest carrier-based unmanned aircraft, the MQ-25 aerial refueler, that will allow for better use of combat strike fighters by extending the range of deployed Boeing F/A-18 Super Hornet, Boeing EA-18G Growler, and Lockheed Martin F-35C aircraft. Chief of Naval Operations Adm. Michael Gilday also visited last week to American plane-maker Boeing facility in St. Louis to see the MQ-25 world’s first carrier-based unmanned aircraft and F/A-18 Super Hornet Block III fighter production lines. “To the entire workforce there who are helping us generate warfighting readiness, you have my profound thanks,” Michael […]
Aerospace giant Boeing has been awarded a $436,6 million U.S. Army contract modification for full-rate production of Apache AH-64E aircraft, according to the U.S. Department of Defense contract announcements. The deal, which was a modification to a previous contract, was worth almost $436,6 million and covered work at the firm’s Mesa facility in Arizona, with an estimated completion date of Feb. 28, 2025. “Fiscal 2021 aircraft procurement, Army funds in the amount of $436,691,186 were obligated at the time of the award,” said in DoD statement. – ADVERTISEMENT – CONTINUE READING BELOW – For almost three decades, the AH-64 Apache has […]
This month, American plane-maker Boeing started assembly on a U.S. Air Force’s all-new advanced trainer aircraft calls the T-7A Red Hawk at its factory in St. Louis, Mo. The training jet was fully designed using 3D model-based definition and data management systems developed at Boeing during the last two decades. The T-7A Red Hawk employed the digital engineering and design of the Boeing T-X aircraft that went from firm concept to first flight in just 36 months. “The future of air dominance lies in the ability to move quickly, take smart risks and partner in new ways to get the job […]
The U.S. Army this week released what it calls a “market survey” for companies interested in manufacturing new light tanks. A market survey published Feb. 12 on the U.S. government’s main contracting website seeks the capability to manufacture future additional quantities of Low Rate Initial Production (LRIP) Mobile Protected Firepower (MPF) production vehicles. Within the program, the Program Executive Office for Ground Combat Systems (PEO GCS), Project Manager Mobile Protected Firepower (PM MPF) is conducting a market survey to collect written information from industry in determining current market manufacturing capability to produce MPF vehicles and provide STS. – ADVERTISEMENT – CONTINUE […]
The U.S. Defense Department awarded the AH-1Z targeting system production contract to Lockheed Martin Corp. The deal, which is a modification to a previous contract, worth almost $49.6 million and adds scope for the production and delivery of 19 AN/AAQ-30A target sight systems for AH-1Z Cobra attack helicopters. The $49.6 million agreement between the U.S. Navy and Lockheed Martin adds scope for the production and delivery of 19 AN/AAQ-30A Target Sight Systems; 14 for the government of Bahrain and five for the government of the Czech Republic. – ADVERTISEMENT – CONTINUE READING BELOW – According to the U.S. Department of Defense […]
Northrop Grumman Corporation announced its advanced warfighter-centric mission command system, developed in partnership with the U.S. Army, has received authorization to proceed with low rate initial production (LRIP) following a successful Milestone C decision for the program. NG released a statement saying that this milestone, approved by the U.S. Department of Defense, represents a critical next step in moving the program closer to future deployment of the Integrated Air and Missile Defense Battle Command System (IBCS). “The decision by our senior leaders to transition IBCS from development into initial production reflects their confidence in the maturity of the system and its […]
GE Aviation, a subsidiary of General Electric and is based in Ohio, was awarded a $111 million contract modification in support of the production of the new heavy-lift helicopter from Sikorsky for the United States Marine Corps. The deal, which was a modification to a previous contract, covers procure of 20 T408-GE-400 turboshaft engines, peculiar support equipment, and associated engine, programmatic and logistics services in support of CH-53K Lot 4 low rate initial production and spares, according to the U.S. Department of Defense contract announcements. As noted by the Department of Defense, work will be performed in Lynn, Massachusetts, and is expected to […]
The Ministry for Strategic Industries of Ukraine has announced that the Ukrainian defense industry achieved a significant milestone this month as part of an ongoing upgrade program and launches production of composite and steel rotor blades for Mil family helicopters. Production has now begun of an all-new, technologically-advanced, main rotor blades for Mi-8 and Mi-24 helicopters at the Motor Sich facility in Zaporizhzhia, according to a press release issued last week by the Ministry for Strategic Industries of Ukraine. “…Flight tests of composite blades for Mi-8 helicopters and steel blades for Mi-24 helicopters of Ukrainian production have begun at the Motor […]
The U.S. Navy has given General Electric Co., the world’s largest aircraft engine maker, a contract modification F414 engines, according to the U.S. Department of Defense contract announcements. General Electric was awarded a $219,9 million contract modification for the supply of 48 F414-GE-400 engines and engine devices in support of the F/A-18 Super Hornet production aircraft for the Navy, the DoD announced. Under the terms of the agreement, Work will be performed in Lynn, Massachusetts (59%); Hooksett, New Hampshire (18%); Rutland, Vermont (12%); and Madisonville, Kentucky (11%), and is expected to be completed in August 2023. – ADVERTISEMENT – CONTINUE READING […]
The U.S. Army is ramping up production of its new M109A7 Paladin self-propelled howitzer while providing increased commonality within the U.S. Army Armored Brigade Combat Team (ABCT). The M109A7 is the latest howitzer in the BAE Systems M109 family of vehicles, the primary indirect fire support system for the ABCTs. According to a tweet from BAE System, the U.S. defense contractor entered into full-rate production, and are finishing the year with more than 250 vehicles delivered. – ADVERTISEMENT – CONTINUE READING BELOW – “The M109A7 Self-Propelled Howitzer addresses long-term readiness and modernization needs and leverages today’s most advanced technology,” the command […]
GM Defense, a General Motors division launched in 2017, announced that it has started renovations of an existing GM building to support the production of the Infantry Squad Vehicle (ISV), a light and agile all-terrain troop carrier intended to transport a nine-Soldier infantry squad. According to the company, the facility, located in Concord, North Carolina, will produce ISVs for the U.S. Army as part of a $214.3 million contract awarded to GM Defense in June 2020. GM Defense celebrated the delivery of its first ISVs to the U.S. Army in October of the same year, just 120 days from contract award. […]
The U.S. Department of Defense and BAE Systems announced on Thursday an agreement worth about $184 million for full-rate production of long-awaited Amphibious Combat Vehicles. Per the contract, the Amphibious Combat Vehicle (ACV) family of vehicles program has achieved its most significant milestone to date with the Marine Corps’ decision to move into full-rate production and award a $184 million contract for 36 vehicles. The ACV is designed to fully replace the Corps’ aging fleet of AAVs through the 2020s. Expeditionary and modernized in design, the ACV integrates with naval shipping and ship-to-shore connectors. The ACV’s ability to use the ocean […]
The top-grossing defense firm in the world Lockheed Martin has announced that the new SBIRS GEO-5 missile warning satellite being completed. As noted by the company, the Space Based Infrared System Geosynchronous Earth Orbit satellite (SBIRS GEO-5) – the first military space satellite built on Lockheed Martin’s new, modernized LM 2100 bus – was completed in just about five years. That speed is pretty unheard of for satellites these days. Built in a record time and at no additional cost to the government for the upgrade, SBIRS GEO-5 is the first military space satellite built on the company’s modernized, modular LM […]
South Korea plans to enter low-rate initial production of a new tactical ballistic missile designed to destroy underground artillery bases in North Korea, according to multiple reports. South Korea’s Defense Acquisition Program Administration (DAPA) announced on 25 November that it has decided that the initial production of the locally developed Korean Tactical Surface to Surface Missile (KTSSM) system will begin in 2020. “This project is to destroy long-range artillery pieces hidden in underground tunnels in order to neutralize enemies’ attack at the shortest time possible,” the arms procurement agency said in a statement. – ADVERTISEMENT – CONTINUE READING BELOW – DAPA […]
https://cdn1.img.sputniknews.com/i/logo-itemprop.png Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/world/202009251080568035-iran-intends-to-cooperate-with-russia-on-covid-19-vaccine-production-envoy-reveals/ Russia registered Sputnik V, the world’s first coronavirus vaccine, on 11 August following two successful phases of clinical trials that proved that it was capable of building immunity against the virus in all of the volunteers involved in the tests. Iran and Russia are discussing joint production of the Sputnik V COVID-19 vaccine, Ambassador to Moscow Kazem Jalali has revealed. Jalali said that he held talks with Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), which funded the development of the world’s first vaccine against coronavirus, and announced that they will work […]
In September 2020, an upgraded military version of the world’s only rough terrain reach stacker reached full-rate production. The U.S. Marine Corps has reported that the Rough Terrain Container Handler ( reached a key acquisition milestone. “The Rough Terrain Container Handler resupplies Marines during battle,” said Matt Wilson, project officer for the RTCH program at Marine Corps Systems Command. “It’s a big, monster machine that you’d have to see in operation to really appreciate.” – ADVERTISEMENT – CONTINUE READING BELOW – RTCH operates worldwide on rough surfaces, including sandy terrain, and is capable of ordnance ammunition handling operations. The vehicle can […]
https://cdn1.img.sputniknews.com/img/07e4/08/1a/1080284224_0:137:3072:1865_1200x675_80_0_0_72f20b2cda794f91164201aeb8b994f9.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/russia/202009221080531572-russia-expects-to-reach-covid-19-vaccine-maximum-production-level-in-2021-trade-minister-says/ MOSCOW (Sputnik) – Russian companies plan to reach the maximum capacity of COVID-19 vaccine production by February 2021, Russian Minister of Industry and Trade Denis Manturov said. “We expect that in October there will be 500,000 vaccine doses, by the end of the year – 2 to 3 million doses. We plan to reach maximum capacity by February of next year,” Manturov told the Russian Izvestia newspaper. The trade minister stressed that the delivery of the Russian coronavirus vaccine to other countries stipulates organizing joint production ventures and collaboration with foreign healthcare systems, and […]
Bitfinex and Tether must turn over documents detailing their financial relationship and history to the New York Attorney General’s office (NYAG), a New York Supreme Court justice ruled again on Thursday. Judge Joel M. Cohen, the judge who has been overseeing the NYAG’s inquiry into Bitfinex and Tether, made the ruling after a charged, hour-long hearing on Thursday. Counsel for the crypto companies argued the document production order is too broad while the NYAG’s office argued the order is reasonable, saying Bitfinex has not submitted anywhere near the sufficient documents despite the amount of time that has elapsed since the case […]
A supposed FBI raid on the home of an infamous Republican dirty trickster appears to have been a ruse—one that began falling apart even as its perpetrators managed to dupe a major national newspaper. On Monday, a Virginia man who responded to a Craigslist ad seeking actors to play FBI agents for a television pilot came forward to say that he’d been roped into the latest hoax orchestrated by bumbling right-wing smear merchants Jack Burkman and Jacob Wohl. Tommy Abraham told The Daily Beast in an interview on Monday that the Craigslist ad offered $400 cash payments to white male actors […]
Boeing has discovered a new production issue with its 787 Dreamliner jets. The technical problems, coupled with ongoing inspections by the Federal Aviation Administration (FAA), are set to impact deliveries, the company said. A new blow to the embattled aviation giant came on Tuesday, when the company revealed a new manufacturing issue had been discovered. The problem could be affecting the already assembled planes which will have to be re-checked. “We are taking time to thoroughly inspect completed 787s to ensure that they are free of the issues and meet all engineering specifications prior to delivery,” the company said in a […]
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U.S. Special Operations Command awarded a $48,9 million contract modification to General Dynamics Ordnance and Tactical Systems for its production of Ground Mobility Vehicle 1.1. The contract modification award from Special Operations Command raises the contract ceiling to $613,850,752 and extends the contract by two years for a total performance period of nine years. The work will be performed in Anniston, Alabama, and is expected to be completed by August 2022. – ADVERTISEMENT – CONTINUE READING BELOW – According to General Dynamics Ordnance and Tactical Systems, the Ground Mobility Vehicle fulfills a need in the airborne and air assault operations undertaken by […]
Last week, Russia registered the world’s first COVID-19 vaccine, developed by the Moscow-based Gamaleya Institute with support from the Russian Defence Ministry and the Direct Investment Fund (RDIF). According to RDIF CEO Kirill Dmitriev, the country has already received preliminary requests for one billion vaccine doses from over 20 countries. The world’s first COVID-19 vaccine, named Sputnik V, has undergone all the necessary checks and proven to be capable of building immunity against the virus, according to the Russian Ministry of Health. The vaccine is a two-component treatment based on the human adenovirus, which, according to scientists, allows people develop immunity to […]
The U.S. Department of Defense is aiming to start producing a ground-launched system for holding and firing cruise missiles on mobile platforms, such as wheeled trucks and containers. During the visit of U.S. Special Presidential Envoy for Arms Control Marshall S. Billingslea with the Strategic Capabilities Office to Lockheed Martin facility was displayed new conventionally configured ground-launched cruise missile system. “This will help ensure the U.S. and our allies in Europe & Asia are able to defend against aggression,” said Billingslea. – ADVERTISEMENT – CONTINUE READING BELOW – Last year, the U.S. Marine Corps says it needs Tomahawk ground-launched missiles that […]
MOSCOW (Sputnik), Andrei Savenkov – A joint Argentinian-Russian plant designed to produce oil and gas pipes in Siberia is expected to launch production in 2021 and reach full capacity three years later, Argentine Ambassador to Russia Ricardo Lagorio said in an interview. “Tenaris and Severstal will build a welded pipe plant to produce Oil Country Tubular Goods pipe products in Siberia’s Surgut area … The plant will launch production in 2021, but will reach full capacity in 2024,” Lagorio said. The plans to build a welded pipe plant in West Siberia were first announced last year. The project requires an investment […]
Canadian Defense Minister Harjit Sajjan said that production on the first Armoured Combat Support Vehicle, or also know as ACSV, has begun in London, Ontario at the General Dynamics Land Systems-Canada manufacturing facilities. These new vehicles will fulfill a variety of combat support roles such as that of Troop/Cargo Vehicle (TCV), ambulance, command post, and mobile repair and recovery, according to a press release issued Tuesday by National Defense. The contract for this project was awarded last September, and since then, a number of subcontracts have been awarded by General Dynamics to allow work to start. These subcontracts represent over $137 […]
Industry and Trade Minister Denis Manturov reported that the mass production of tanks and fighting vehicles based on the latest Armata combat platform under a contract signed with Russia’s Defense Ministry several years ago is already underway. “Yes, the work is underway,” the minister said, replying to a question about whether the production of these armored vehicles had begun in Russia. The developers of the latest Russian T-14 Armata tank have resolved the problems with its engines and thermal imagers, Manturov said. “Yes, the problems with both the engines and the thermal imagers have been resolved. The engine generates the parameters […]
The interstage connector for the first NASA Space Launch System (SLS) vehicle was delivered to NASA in mid-July and is in transit to its launch site. The Launch Vehicle Stage Adapter (LVSA) was completed by Teledyne Brown Engineering at the Marshall Space Flight Center (MSFC) in Alabama and officially turned over to the agency for use on the Artemis 1 launch, tentatively scheduled for late 2021. While the first flight LVSA unit was placed on NASA’s Pegasus barge and towed through U.S. waterways to the Kennedy Space Center (KSC) in Florida, work to weld the second LVSA structure is well underway […]
https://cdn1.img.sputniknews.com/img/105607/76/1056077692_0:159:3076:1889_1200x675_80_0_0_39c449819e7afee743319eb996c402eb.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/us/202007241079979117-us-government-invokes-defence-act-to-safeguard-rare-earths-magnets-production/ WASHINGTON (Sputnik) – The US government has authorized Defence Production Act Title III actions to sustain and strengthen industrial base capabilities and defence-critical workforce in the aviation, rare earth materials, and electronics industries, the Department of Defence announced in a press release. “[T]he Department of Defence entered into a $33.6 million agreement with eMagin Corporation to sustain and expand critical industrial base production of organic light-emitting diode (OLED) microdisplays capable of meeting high-performance requirements in resolution and brightness”, the release said on Friday. The Defence Department has also entered into a $14.9 million agreement […]
The ongoing battle between the co-founders at Bitmain has now essentially hard forked the world’s largest bitcoin miner manufacturer into two different operations and supply chains for making its flagship AntMiner equipment. Wu Jihan, the co-founder who ousted his rival co-founder Micree Zhan Ketuan last year, registered a new entity on July 16 in Shenzhen, China. The new entity, called Guiji Yanghang, is a subsidiary of another recently incorporated company named Beijing Guiyuan Dalu, which is controlled by Wu’s side. Wu removed Zhan from Beijing Bitmain in October, following a long-time power struggle between the two. But Zhan made his comeback […]
https://cdn1.img.sputniknews.com/img/07e4/07/11/1079910349_0:312:3001:2000_1200x675_80_0_0_2b0a8a906b407570965077d30ef07f8f.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/science/202007171079912896-microsoft-halts-production-of-xbox-one-x-one-s-digital-edition-prior-to-series-x-launch/ As Microsoft is planning to launch its Series X console later this year, speculations are circulating that the company will unveil a cheaper and less powerful version of its new-gen console in the nearest future. Microsoft has officially halted production of its Xbox One X and Xbox One S All-Digital Edition consoles ahead of the launch of its Series X that is scheduled to hit the shelves at the end of the year, The Verge outlet has reported. “As we ramp into the future with Xbox Series X, we’re taking the natural step of stopping […]
https://cdn1.img.sputniknews.com/i/logo-itemprop.png Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/world/202007131079872558-opec-says-world-crude-oil-production-in-2019-declined-by-07-year-on-year/ MOSCOW (Sputnik) – The global crude oil production last year has decreased by 0.7 percent year-on-year and averaged 75 million barrels per day (mbd) following a historical high reached in 2018, the OPEC said in its Annual Statistical Bulletin on Monday. “World crude oil production declined in 2019 by 0.56 million mb/d, or 0.7 percent, as compared to 2018, to average 75.26 mb/d, following a historical high during 2018. OPEC crude oil production declined sharply year-on-year by 1.86 mb/d, or 6.0 percent, while crude production by non-OPEC countries grew by 1.30 mb/d, or 2.9 […]
Saudi Arabia and Kuwait have restarted production at the Al-Khafji oil field in the neutral zone between the two countries, Turkey’s Anadolu Agency reported, citing a statement by the acting CEO of the Kuwait Gulf Oil Company. The official Twitter account of the company posted an update yesterday, saying (via Google Translate) “Congratulations on the occasion of the resumption of production in joint abundance operations.” An earlier report by Argus News from late June said Saudi Arabia and Kuwait had plans to restart both oilfields in the neutral zone—Al-Khafji and Wafra—this month. Al-Khafji is one of four offshore and one onshore field located in the neutral […]
Oshkosh Defense LLC was awarded a $14,4 million contract modification this week to retrofit mufflers, forward facing cameras, larger rear door transparent armor and muffler robustness into the baseline configuration of the Joint Light Tactical Vehicle family of vehicles. Under the contract, from Army Contracting Command and announced on Wednesday, work will be performed in Oshkosh, Wisconsin, with an estimated completion date of Aug. 31, 2021. Additionally, Oshkosh Defense announced that the U.S. Army Contracting Command, Detroit Arsenal has placed an order for 248 Joint Light Tactical Vehicles (JLTVs) and associated kits. – Advertisement – An announced order is valued at $127 […]
New Delhi (Sputnik): The tribals in the interiors of India’s central Chhattisgarh state earn their livelihood by plucking leaves from the government-owned plantation of tendu trees, a flowering tree widely used in India to wrap hand-rolled cigarettes. However, those who live in the remote villages complain about middlemen and not getting paid. Armed with bows and arrows and carrying idols of deities and peacock feathers, thousands of tribals from India’s Chhattisgarh clashed with armed forces on Tuesday to press for their demand for a better life, fair produce prices and cash payments, as they lack bank accounts. Tension had been simmering […]
European plane maker Airbus is bracing for a huge drop in production, threatening to set development back 15 years, the company’s chief executive, Guillaume Faury, says. “For the next two years – 2020/21 – we assume that production and deliveries will be 40% lower than originally planned,” the CEO said in an interview with Die Welt newspaper. Also on rt.com ‘Bleeding cash’: Airbus warns of deeper job cuts with ‘survival at stake’ It was earlier reported that the aviation giant is likely to see production down by a third, but that was in reference to the results the company posted at […]
Detroit Fiat Chrysler Workers Halt Production For Second Day By Jessica Goldstein, WSWS. June 28, 2020 Detroit Fiat Chrysler Workers Halt Production For Second Day2020-06-282020-06-28https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/06/uaw-workers-on-strike-over-covid-19-from-trending-news-e1593280680158.jpg200px200px Above photo: UAW Workers on strike over Covid-19, from Trending Buzz News. Demand COVID-19 Protection. Workers continued their courageous production stoppage at the Fiat Chrysler Jefferson North Assembly Plant (JNAP) in Detroit on Friday. Workers on “B crew” entered the plant at 4:30 p.m. and refused to work under conditions where basic safety and health protocols, including social distancing measures and cleaning guidelines, are being flouted by the corporation and the United Auto Workers union (UAW) in order to […]
South Korea’s Defense Acquisition Program Administration (DAPA) awarded the Hanwha Defense a full-rate production contract for the new Anti-Aircraft Gun Wheeled Vehicle System (AAGW). The local media reported that Hanwha Defense won a $207.66 million for a contract to launch full-rate production of the newest Republic of Korea’s advanced air defense system. The AAGW is the latest air defense system to defend the points of interest for allied forces, as well as protect friendly mobile troops from low altitude attacks by enemy aircraft. Using a wheeled vehicle platform, it is able to provide close-in support to supported forces. The system is […]
https://cdn1.img.sputniknews.com/img/107965/27/1079652761_0:206:2000:1331_1200x675_80_0_0_bbb104d7e3b05bb9d9764e2a52327a78.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Tim Korso. Sputnik International https://sputniknews.com/middleeast/202006271079736882-tehran-blast-took-place-at-missile-production-facility-news-agency-claims-citing-satellite-images/ A large explosion woke up the residents of the Iranian capital with a huge dawn-like blaze seen to the east of the city. The blast, officially attributed to an explosion of a leaky gas tank, shattered windows in some buildings, but ultimately resulted in no casualties. Satellite images of the purported site of the overnight blast in Tehran’s suburbs suggest that it took place on the territory of the complex tasked with building missiles, AP reported, citing the information from the images. According to the AP, an area located 20 kilometres east […]
On Monday, the Spanish Council of Ministers approved full-rate production of the first 348 wheeled combat armored vehicles under the VCR 8×8 program. According to a recent service news release, Spain’s government approved the building of the first 348 VCR 8×8 vehicles – out of a 1000- armoured fighting vehicles for the Spanish Army for a total amount of 2 billion euros. The program of Wheeled Combat Vehicle (VCR in Spanish) 8×8 has as main aim to obtain a combat system which includes the new technical solutions to face the evolution of threats and which will become the key for this […]
Gold output in Russia continued to grow, surging by 9.6 percent from January to February compared with the same period of last year, said the country’s Ministry of Finance. The volume of bullion production amounted to 39.71 tons against the 36.3 tons in 2019. Production for the period included 31.75 tons of mined gold, the ministry reported. Accompanying mining rose to 2.85 tons, while secondary mining was slightly down to 5.11 tons. Statistics showed that production of mined silver has also increased during the period to 142.30 tons year-on-year. Also on rt.com ‘Smart countries accumulating gold’ ahead of US dollar collapse […]
https://cdn1.img.sputniknews.com/img/107692/22/1076922211_0:160:3072:1888_1200x675_80_0_0_473dd8d2a12aa4e53aac20100c161e8b.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/military/202006191079660227-russian-manufacturer-launches-batch-production-of-mi-8amt-civilian-arctic-helicopter/ MOSCOW (Sputnik) – The manufacturing company Russian Helicopters (part of the Rostec Corporation) told Sputnik on Friday it was launching batch production of the Mi-8AMT Arctic helicopter for civilian customers, and that the Ulan-Ude Aviation Plant had already manufactured the first aircraft. “The Arctic version of the Mi-8AMT helicopter has completed the test flight programme and has passed the procedure of acceptance by an independent commission from Rosaviatsiya [Russian Federal Air Transport Agency]. One of the main features of the machine lies in its unique system of heating for transmission units, developed by the […]
The Spanish Secretary of State for Defense, Angel Olivares, on 17 June chaired a meeting to follow up on the “Dragón” Vehiculo de Combate sobre Ruedas (VCR), or Combat Vehicle on Wheels, program which was held at the General Dynamics European Land Systems-Santa Barbara Sistemas Factory in Alcalá de Guadaira ( Seville). Angel Olivares, said to the press that the VCR 8×8 “is one of the essential pillars on which National Defense is based and without it that the Armed Forces could not participate in international peacekeeping operations.” And he stressed that this program “is a strategic and inalienable objective for […]
Fitch Solutions has projected that Russia will grow its gold output and reserves in light of expanding US sanctions. That will lead to Russian gold production growth overtaking that of China by 2029. “The rising risk of Russian state banks being frozen out of dealing in dollar-denominated assets all together as bilateral relations remain strained is pushing the Russian central bank to increase its holdings of gold. As long as tensions with the US remain, domestic demand for gold is set to remain,” said the report. According to Fitch, Russia’s gold production will rise from 11.3-million ounces in 2020 to 15.5-million […]
MOSCOW (Sputnik) – Libya’s National Oil Corporation (NOC) on Monday announced that oil production has resumed at the El Feel field in the southern part of the country, one day after resuming work at the Sharara field, and said that it was lifting force majeure on exports from both oilfields. “National Oil Corporation (NOC) announces the resumption of oil production at El Feel oilfield on Sunday, 7 June 2020 and confirms the lifting of force majeure on crude oil exports from the Sharara and El Feel fields as of Sunday and Monday, 07th and 08th June 2020 respectively”, the NOC said. […]
Business 14:42 GMT 07.06.2020Get short URL The Western and Turkish-backed Government of National Accord (GNA) announced that it had reestablished full control over Tripoli last week, with Egyptian President Abdel Fattah Sisi announcing a new Cairo-backed peace initiative to settle Libya’s long-running civil war for good. Libya’s massive El Sharara oil field restarted production on Saturday after forces loyal to General Khalifa Haftar’s Libyan National Army (LNA) switched allegiances following a string of GNA victories, S&P Global has reported, citing sources said to be familiar with the situation. Situated in the Murzuq Desert in southwestern Libya, the El Sharara oil field […]
https://cdn1.img.sputniknews.com/img/107954/37/1079543779_0:172:3072:1900_1200x675_80_0_0_39e850ff37f7b593e8155666a6727553.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/latam/202006071079543811-mexico-to-stick-to-april-opec-deal-setting-production-cuts-until-june-energy-secretary-says/ BUENOS AIRES (Sputnik) – Mexico has confirmed its commitment to the OPEC+ deal reached in April, which stipulates oil production cuts for Mexico for May-June only, the country’s Secretary of Energy, Rocio Nahle Garcia, said after the Saturday meeting of oil producers. “The Government of Mexico maintains its readiness for dialogue and confirms its position on the agreement signed last April,” Mexico’s Energy Secretary wrote on Twitter. The 23-nation alliance of oil producers agreed on Saturday to extend the 9.7 million-barrel daily cut for another month until July. The OPEC+ energy ministers also agreed […]
French specialty vehicle manufacturer Arquus has announced that it recently completed the production of the 1,000th Sherpa armored vehicle. The company said it is a major milestone for the Sherpa family, founded in 2006, which has constantly evolved since. The Sherpa is a French-made family of light tactical vehicles specifically designed for military needs and offering high performance in terms of mobility, protection and payload. The Sherpa Light family comprises of four base models: the Sherpa Scout, an armored vehicle for liaison and reconnaissance seating 4 or 5 soldiers, also available in the Station Wagon version; the Carrier, fitted with a […]
Russian state media reported that the Gagarin Aircraft Plant in Komsomolsk-on-Amur has launched the production of its advanced Su-35 fighter jets under a contract with Egypt. Russia’s news agency, TASS, quoting military diplomatic source, reported that was launched the production of SU-35 fighters, intended to be delivered to the Egyptian Air Force under the contract signed in 2018 “The Gagarin Aircraft Plant in Komsomolsk-on-Amur has launched the production of Su-35, intended to be delivered to the Egyptian Air Force under the contract signed in 2018,” the source said. “The timeframe for first batch’s delivery to the Egyptian side has not been […]
There were early warnings of COVID-19 testing supply shortages, such as swabs. The federal government took until late April to ramp up domestic production. Will the U.S. be able to catch up to demand? Source link
Raytheon and Lockheed Martin, who together form the Javelin joint venture, have recently completed production of its first F-Model of the anti-tank missile, the latest variant that will be delivered to the Army. In a statement presented Wednesday, Javelin Joint Venture vice president and Lockheed Martin Javelin program director David Pantano said that the F-Model combines multiple features such as blast fragmentation and high-explosive anti-tank into a single warhead. “We’re helping prepare our warfighters for any mission by reducing the need for different rounds for different targets.” he added. The missile has a range of 65 meters up to 4 kilometers […]