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Indian army receives first 25 M777 Ultra Lightweight Howizters

Indian army receives first 25 M777 Ultra Lightweight Howizters

Business
Nov. 9 (UPI) -- The Indian Army received its first M777A2 155mm towed Ultra Lightweight Howitzers at an handover ceremony earlier this year. The howitzers will enter service with it's first Indian regiment in 2019. They were accepted earlier this year as part of a 145-gun foreign military sale between the U.S. and Indian governments, according to an announcement from BAE Systems, which makes the gun systems. "The Indian Army is receiving an extremely reliable and battle-proven artillery platform," Joe Senftle, vice president and general manager of BAE Systems' weapon systems business, said while attending the handover ceremony. "The M777 brings a new level of capability to the artillery unit by offering rapid deployment and extreme accuracy. It can operate in areas that are difficult to a...
Economy resilient but cold winter lies ahead

Economy resilient but cold winter lies ahead

Business
The economy is growing at the fastest rate since the end of 2016.Not just that, the growth came from almost every part of the economy. Unlike in many previous quarters, where the economy was kept afloat primarily by a strong performance from the dominant services sector, this time around the only sector of the economy to shrink was the government. There is, as yet, little evidence from the national accounts that companies across the UK are doing much stockpiling.For all the scare stories about panicked building up of inventories, the numbers show that across the economy these are increasing only very slightly.Moreover, at this current pace, the UK is growing at a faster rate than the eurozone. Hurrah, right?Well, wait for the bad news. Actually when you look not at the overall quarterly ...
Economy grows by 0.6% despite September 'weakness'

Economy grows by 0.6% despite September 'weakness'

Business
The UK economy expanded by 0.6% in the three months to September - its strongest quarter in almost two years - but there are growing signs of a slowdown ahead of Brexit. Early official figures from the Office for National Statistics (ONS) - which were in line with the forecasts of economists and the Bank of England - pointed to a hot summer boost for consumer spending.This rose 0.5% on the previous three months. The figures also showed a 2.1% output increase from construction after weather disruption earlier in the year and manufacturing also picking up.But the ONS said demand took a hit in September as temperatures cooled - with business investment contracting at the fastest pace since early 2016 as attention turned to uncertainties over the country's future trading rela...
Canadian Commercial to provide spare parts for U.S. Navy surface ship sonars

Canadian Commercial to provide spare parts for U.S. Navy surface ship sonars

Business
Nov. 8 (UPI) -- Canadian Commercial has been awarded a $ 10 million contract by the U.S. Navy for the refurbishment and manufacturing of the TR-343 sonar transducer tube assemblies for repair purposes. The TR-343 transducer is used in the AN/SQS-53C hull-mounted sonar array for the AN/SQQ-89(V) sonar weapons system. Manufacturing of the tube assemblies is expected to run through November 2023 under the Navy contract. The AN/SQQ-89(V) Surface Ship ASW Combat system is an integrated undersea warfare suite designed to detect, track, provide targeting data and engage enemy submarines, mines, and other underwater systems. It collects data from a variety of sonar systems such as towed-arrays, sonobuoys and other active and passive systems into one sensor picture, allowing better situational awa...
Remains of sailor killed at Pearl Harbor attack buried in Guam

Remains of sailor killed at Pearl Harbor attack buried in Guam

Business
Nov. 8 (UPI) -- The remains of a U.S. Navy sailor killed in action during Japan's surprise attack on the U.S. naval base at Pearl Harbor was laid to rest in Guam on Thursday. Steward Mate 1st Class Ignacio Camacho Farfan's recently identified remains were returned to the island of Guam where he was born and raised before he joined the Navy at age 19 in 1939. He was interred at the Guam Veterans Cemetery at Piti. "Petty Officer Farfan, this veteran's cemetery will welcome you home today to your final resting place, carried on the arms of your Navy brothers and sisters, your coffin swathed in an American flag, escorted by the descendents of your family's bloodline, surrounded today by an entire community," Rear Adm. Shoshana Chatfield, commander of Joint Region Marianas, said in an address ...