Virgin rocket cleared despite safety fears

Regulator saw scope for human error but issued waiver to rules

BAE at risk of missing earnings target

Defence company struggles to clinch contracts for jets and ships with Saudi Arabia and Australia

Fate of former dictator Gaddafi’s family

Surviving members include his widow who sought sanctuary in Oman

GKN to buy Fokker for €706m

Aerospace group to pay €500m in cash and take on €206m in debt

a still from the science fiction film ‘I, Robot’

Experts warn of killer robot arms race

Musk, Hawking and others call for autonomous weapons ban

DRS Technologies

Finmeccanica changes tack on US sale

Brighter defence outlook sees retention of $5bn electronics arm

David Cameron wants to capitalise on his general election triumph

PM attacked over Malaysia trip amid scandal

Cameron’s counterpart at centre of allegations involving $600m

UK Ministry of Defence

Tribunal keeps UK-Saudi contract secret

Case concerned deal that allegedly involved corrupt payments

Week in Review

Week in Review, July 25

Credit Suisse’s strong results; Eli Lilly and Lockheed also in the news

Lockheed agrees to buy Sikorsky for $9bn

Deal fills one of few gaps in military contractor’s portfolio

Boeing admits Dreamliner costs too high

Commercial jet sales surge limits affect of air tanker charge

Drone users face jail amid safety concerns

Campaign comes after near miss involving German passenger jet

Navy offers bounty to keep nuclear skills

MoD acts to stop skilled staff from moving to private sector

Lufthansa jet in near-miss with drone

Fears rise over unmanned aerial vehicles after incident at Warsaw

Otis elevators on the way down in China

United Technologies cuts profit forecast on declining sales

Musk says SpaceX complacent before crash

Founder blames broken strut for explosion of Falcon 9 rocket

Lockheed: vertical lift

What powers Lockheed’s ascent?

Lockheed agrees to buy Sikorsky for $9bn

Deal cements US company’s position as world’s leading supplier of military hardware

Discoveries show Pluto merits planethood

Demotion to minor status was a mistake that should be rectified

UK eager to claim share at final frontier

Economics of space are changing, opening up business opportunities beyond costly manned missions


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