Boeing vs. Airbus, fake parking tickets, China’s solar power: Business news roundup
18 Aug
Business News

Boeing vs. Airbus, fake parking tickets, China’s solar power: Business news roundup

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Business new tamfitronics Photo: eyfoto (Getty Images), Andrew Harnik (Getty Images), National Transportation Safety Board (Getty Images), Joe Raedle (Getty Images), VGC (Getty Images), Fabian Sommer/picture alliance via Getty Images (Getty Images), Image: Mandel Ngan (Getty Images), Saint/ TikTok (Fair Use)Photo: eyfoto (Getty Images)Parking tickets are the latest vector for scammers to empty out bank accounts from New York to Southern California. Calgary became the latest North American city to address the growing trend of fake tickets on Tuesday. The Canadian city’s parking authority advised drivers to destroy fake tickets that are cropping on windshields and not to attempt to pay those fines. Read MoreUS President Joe Biden speaks as he welcomes the Texas Rangers to celebrate their 2023 World Series championship in the East Room of the White House in Washington, DC, on August...
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Airbus secures $2.5 billion German military satellite contract
04 Jul
Top Stories

Airbus secures $2.5 billion German military satellite contract

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Top Stories Tamfitronics Illustration of the SATCOMBw 3, or Bundeswehr's satellite communications system. Credit: AirbusWASHINGTON Airbus Defense and Space won a $2.5 billion contract from the German military to deliver next-generation communications satellites, known as SATCOMBw 3, short for Bundeswehr’s satellite communications system.The deal, announced July 4, includes the development and deployment of two geostationary satellites, along with ground segment upgrades, launch services, and operational support for 15 years. The spacecraft are slated for deployment before the end of the decade, replacing the aging SATCOMBw 2 system delivered by Airbus 15 years ago.Airbus said SATCOMBw 3 represents a leap forward in military satellite technology, expected to offer increased bandwidth, improved security features and enhanced resilience against disruptions.The new 6,000 kilogram satellites will be based on Airbus’s Eurostar Neo platform.Michael Schoellhorn, CEO of Airbus Defense...
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