Category: Asia

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China Bars Dealings With 7 US Entities, Curbs Drone Exports

Seven U.S. companies and organizations are now off-limits to Chinese businesses and individuals Drones and related technology bound for the U.S. face case-by-case licensing rather than streamlined review The measures run counter to the commitments China made in the November trade deal China’s Commerce Ministry has cut off seven U.S. entities from doing business with...

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Nine Japanese Firms Win Spots on $1B Okinawa Construction Contract

Nine Japan-based construction firms will share the vehicle, which carries a combined $1 billion ceiling Task orders will span design, construction, renovation, repair and maintenance NAVFAC Far East ran the procurement, which drew 14 offers Nine construction companies based in Japan have taken positions on a multiple-award contract covering work at U.S. installations in the...

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NAVER, NVIDIA, Brookfield Plan 200MW Expansion of South Korea AI Factory

The GAK Sejong buildout would more than triple the 55-megawatt plan the companies floated in June NVIDIA intends to put $1 billion into NAVER, with Brookfield eyeing up to $9 billion under a nonbinding term sheet The added capacity is meant to give developers, businesses and government users production-scale compute for models and agents NAVER,...

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Leonardo, PT ESystem Secure Indonesian MOD Contract for M-346 F Aircraft

Leonardo will provide Indonesia with 12 M-346 F Block 20 multirole light fighter aircraft The contract includes local maintenance, overhaul, training and workforce development capabilities Indonesia will become the first Asian customer to receive the M-346 F Block 20 configuration Leonardo and PT ESystem Solutions Indonesia have signed a contract to deliver 12 M-346 F “Block...

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