Aerospace & Defense News - Technology Asia / Pacific.


New York (AirGuideBusiness - Aerospace & Defense News - Technology Asia / Pacific) Jun 16, 2013

Researchers shine spotlight on prolific cyberespionage ring Security researchers have uncovered a massive years-long cyberespionage campaign that uses malware to target high-profile industries -- including the aerospace, medical and nuclear sectors -- and has been active in at least 40 countries. According to Kaspersky Lab, "NetTraveler" is an evolving bug first discovered in 2005 that is being used by a group of roughly 50 mostly Chinese-speaking hackers to pilfer sensitive data and record keystrokes, among other things. Jun 12, 2013

U.S. bans import of some Apple products The U.S. International Trade Commission has banned some older versions of the iPhone and the iPad from being imported. Apple plans to appeal the decision, which says the devices violate a Samsung Electronics patent. Jun 12, 2013

China to launch fifth manned space mission China plans to launch its Shenzhou 10 spaceship for a rendezvous-and-docking venture with the Tiangong 1 space module. The Shenzhou 10 will be the fifth manned space mission for China. "China's program may not have the pizazz of the early Soviet and U.S. space programs, which were much faster-paced, but [the program] appears to be sustainable as China deals with its own economic challenges," said Marcia Smith, editor of Jun 10, 2013

Aircastle Limited Aircastle Announces Sale Of Common Shares To Marubeni Corporation. Aircastle Limited (AYR) ("Aircastle") announced today that it has entered into a definitive agreement with Marubeni Corporation ("Marubeni") providing for the issuance of approximately 15.25% of the Company's common shares, after giving effect to the issuance, at a price of $17.00 per share, for gross proceeds of approximately $209 million. The closing of the issuance is expected to occur during the second or third quarter of 2013, subject to customary closing conditions. Ron Wainshal, CEO of Aircastle, commented, "We are delighted to welcome Marubeni, one of Japan's leading trading companies, as a strategic, long-term oriented shareholder. With this equity investment, Aircastle will be well positioned to take advantage of exciting growth opportunities and to leverage Marubeni's global presence and network to expand into new markets, business opportunities and funding sources." In connection with the transaction, Aircastle and Marubeni also entered into a shareholder...

To continue reading