WASHINGTON — Hanwha Defense USA (HDUSA), a subsidiary of South Korea's Hanwha Aerospace Co., has secured a $269 million contract to build a medium landing ship (LSM) for the U.S. Navy and Marine Corps, marking its first U.S. Navy shipbuilding contract, according to the company. The company said Thursday it was selected by U.S. maritime services firm Tote Services to build one LSM at Hanwha Philly Shipyard in Philadelphia, with options to construct three additional vessels. The selection was made through a competitive bidding process under Tote Services' vessel construction management program, which oversees shipbuilding contracts for the U.S. Navy and Marine Corps. "Since acquiring Philly Shipyard in 2024, Hanwha has made significant investments in its workforce and technology to pave the way to build ships for the U.S. Navy and other federal customers," HDUSA President and Chief Executive Officer (CEO) Michael Coulter said. Construction is scheduled to begin in the fourth quarter of 2027. Tote Services' $2.2 billion vessel construction manager contract supports the Navy and Marine Corp
WASHINGTON — Hanwha Defense USA (HDUSA), a subsidiary of South Korea's Hanwha Aerospace Co., has secured a $269 million contract to build a medium landing ship (LSM) for the U.S. Navy and Marine Corps, marking its first U.S. Navy shipbuilding contract, according to the company. The company said Thursday it was selected by U.S. maritime services firm Tote Services to build one LSM at Hanwha Philly Shipyard in Philadelphia, with options to construct three additional vessels. The selection was made through a competitive bidding process under Tote Services' vessel construction management program, which oversees shipbuilding contracts for the U.S. Navy and Marine Corps. "Since acquiring Philly Shipyard in 2024, Hanwha has made significant investments in its workforce and technology to pave the way to build ships for the U.S. Navy and other federal customers," HDUSA President and Chief Executive Officer (CEO) Michael Coulter said. Construction is scheduled to begin in the fourth quarter of 2027. Tote Services' $2.2 billion vessel construction manager contract supports the Navy and Marine Corp
NEW YORK — A sell-off for tech stocks is barreling into Friday and forcing the U.S. market down again, with Intel and Amazon helping to lead the way this time. The S&P 500 fell 1.6 percent and was on track to erase its gain for October, even though it set its all-time high during the month. The weakness for technology stocks dragged the Nasdaq composite down 2.5 percent, as of 11:48 a.m. Eastern time. The Dow Jones Industrial Average fell a more modest 0.7 percent, or 380 points. Intel tumbled 28.6 percent and is flirting with its worst day since 1974, even though the chipmaker reported a stronger profit for the latest quarter than analysts expected. It gave a forecast for profit in the final three months of this year that fell far short of analysts’ expectations. CEO Lip-Bu Tan said the personal-computer industry continues to feel pressure, which hurts demand for Intel’s CPUs. Amazon fell 1.9 percent after reporting a weaker profit for the summer than analysts expected. Potentially more concerning for investors was Amazon’s reporting that it burned through $42.4 billion of cash
NEW YORK — A sell-off for tech stocks is barreling into Friday and forcing the U.S. market down again, with Intel and Amazon helping to lead the way this time. The S&P 500 fell 1.6 percent and was on track to erase its gain for October, even though it set its all-time high during the month. The weakness for technology stocks dragged the Nasdaq composite down 2.5 percent, as of 11:48 a.m. Eastern time. The Dow Jones Industrial Average fell a more modest 0.7 percent, or 380 points. Intel tumbled 28.6 percent and is flirting with its worst day since 1974, even though the chipmaker reported a stronger profit for the latest quarter than analysts expected. It gave a forecast for profit in the final three months of this year that fell far short of analysts’ expectations. CEO Lip-Bu Tan said the personal-computer industry continues to feel pressure, which hurts demand for Intel’s CPUs. Amazon fell 1.9 percent after reporting a weaker profit for the summer than analysts expected. Potentially more concerning for investors was Amazon’s reporting that it burned through $42.4 billion of cash
ATLANTA — The U.S. scrapped plans for a photo of top diplomats of the Group of 20 largest world economies on the opening day of talks Friday as several Europeans objected to being photographed with Russian Foreign Minister Sergey Lavrov and threatened to walk out of the photo session. The cancellation of the photograph, a traditional opening event at such a diplomatic gathering, underscored the deep rifts in the G20 over global crises that threaten international security and trade. U.S. Secretary of State Marco Rubio decided to cancel the photo after determining that the controversy would be a distraction, according to two U.S. officials, who spoke on condition of anonymity due to the sensitivity of the matter. The meeting in Atlanta, which will otherwise go ahead as planned, is meant to set the stage for a G20 leaders’ summit hosted by President Donald Trump at his Miami golf club in December. The cancellation has added to concerns about the poor prospects for the G20 diplomats to reach consensus on many of the most contentious issues they face. Among them are the Russia-Ukraine co
ATLANTA — The U.S. scrapped plans for a photo of top diplomats of the Group of 20 largest world economies on the opening day of talks Friday as several Europeans objected to being photographed with Russian Foreign Minister Sergey Lavrov and threatened to walk out of the photo session. The cancellation of the photograph, a traditional opening event at such a diplomatic gathering, underscored the deep rifts in the G20 over global crises that threaten international security and trade. U.S. Secretary of State Marco Rubio decided to cancel the photo after determining that the controversy would be a distraction, according to two U.S. officials, who spoke on condition of anonymity due to the sensitivity of the matter. The meeting in Atlanta, which will otherwise go ahead as planned, is meant to set the stage for a G20 leaders’ summit hosted by President Donald Trump at his Miami golf club in December. The cancellation has added to concerns about the poor prospects for the G20 diplomats to reach consensus on many of the most contentious issues they face. Among them are the Russia-Ukraine co
Num momento em que a agricultura europeia enfrenta exigências crescentes em matéria de segurança alimentar e sustentabilidade, os agricultores têm na mão soluções, incluindo tecnológicas, mas não podem usá-las e a segurança alimentar é um desafio...
Num momento em que a agricultura europeia enfrenta exigências crescentes em matéria de segurança alimentar e sustentabilidade, os agricultores têm na mão soluções, incluindo tecnológicas, mas não podem usá-las e a segurança alimentar é um desafio cada vez maior, num cenário de sustentabilidade, imprevisibilidade e alterações climáticas, poderá o pacote legislativo Omnibus X acelerar o acesso dos agricultores europeus a soluções já disponíveis noutras regiões?
An Immigration and Customs Enforcement (ICE) officer who hit and injured a man with a vehicle in Houston, Texas, was indicted by a grand jury in Harris County on Friday. The 33-year-old officer, Mario Alberto Morales, was indicted on a charge of aggravated assault with a deadly weapon after allegedly driving his vehicle into Miguel Parra…
An Immigration and Customs Enforcement (ICE) officer who hit and injured a man with a vehicle in Houston, Texas, was indicted by a grand jury in Harris County on Friday. The 33-year-old officer, Mario Alberto Morales, was indicted on a charge of aggravated assault with a deadly weapon after allegedly driving his vehicle into Miguel Parra…
Na noite de 28 de outubro, a Sala 2 da Casa da Música, no Porto, encheu-se para receber Viviane no concerto de apresentação do seu oitavo álbum a solo, ‘Ela por Elas’.
Óculos escuros, touca de careca e fato: o Centro Vasco da Gama junta-se à Live Nation Portugal para encontrar a pessoa mais parecida com Pitbull, em Portugal.
A House Republican called the competitive Senate race in South Carolina “embarrassing,” adding that incumbent Sen. Darline Graham (R) is “dragging Rs down the ticket.” “Republicans won this seat by 18 points. The fact it’s this close and the speaker has to come to SC 1 to drag the R across the finish line is…
A House Republican called the competitive Senate race in South Carolina “embarrassing,” adding that incumbent Sen. Darline Graham (R) is “dragging Rs down the ticket.” “Republicans won this seat by 18 points. The fact it’s this close and the speaker has to come to SC 1 to drag the R across the finish line is…
Num momento em que a agricultura europeia enfrenta exigências crescentes em matéria de segurança alimentar e sustentabilidade, os agricultores têm na mão soluções, incluindo tecnológicas, mas não podem usá-las e a segurança alimentar é um desafio cada vez maior, num cenário de sustentabilidade, imprevisibilidade e alterações climáticas, poderá o pacote legislativo Omnibus X acelerar o acesso dos agricultores europeus a soluções já disponíveis noutras regiões?
Dois vigilantes, três rondas em todas as entradas do bairro. Projeto-piloto de vigilância humana começa num local considerado particularmente problemático — o conjunto habitacional municipal “com maior número de residentes”, justifica a autarquia. A Câmara do Porto contratou segurança privada para o Bairro do Cerco, no âmbito da implementação de um “projeto-piloto de vigilância humana” para “reforçar a segurança e tranquilidade dos moradores” durante o período noturno, esclareceu esta sexta-feira a autarquia. A contratação para este bairro em Campanhã foi feita através da Domus Social, empresa municipal de habitação, pelo valor de 52.865,71 euros, e os “serviços de vigilância humana”
Um casal de Torres Vedras descobriu que já existiam votos registados em seu nome no Orçamento Participativo, apesar de garantir que nunca participou na votação. As suspeitas recaem sobre uma funcionária administrativa de uma junta de freguesia,...
Pour la première fois depuis les attentats du 7 octobre 2023, les électeurs israéliens ont renouvelé leur parlement. Un vote sans issue certaine concernant l'avenir politique du Premier ministre, Benjamin Netanyahu, dont la coalition perd du terrain, mais sans permettre à l'opposition de gouverner en dehors d'un accord avec les partis arabes israéliens, véritable surprise du scrutin.
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