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10.12.25 - 16:00
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F-18 Fighter Jets Flew Deep Inside Gulf Of Venezuela In Closest Approach Yet (ZeroHedge)
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F-18 Fighter Jets Flew Deep Inside Gulf Of Venezuela In Closest Approach Yet
For the first time, two US Navy F/A-18 fighter jets flew deep into the Gulf of Venezuela, the body of water bordered by Venezuelan territory on three sides, in what appears to be the latest ultra-provocative show of force from Washington. Some reports say the jets lingered long in the airspace, circling the gulf for some 40 minutes.
The flyover happened Tuesday and appears the closest known approach by American aircraft to Venezuela's coastline since the Pentagon began a major buildup in the Caribbean several months ago, which has also seen over 20 deadly drone and aerial strikes on alleged drug smuggling boats.
Source: US Navy
The F/A-18s only increased their presence in the southern Caribbean region following the arrival of the USS Gerald R. Ford carrier group. US B-52 bombers have also been flying over the area, deploying from deep within the United States.
A US defense official confirmed to the Associated Press ...
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10.12.25 - 13:36
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StandardAero Announces Board Authorization of $450 Million Stock Repurchase Program (Business Wire)
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SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero, Inc. (NYSE: SARO) (“StandardAero” or the “Company”), a leading independent pure-play provider of aerospace engine aftermarket services including engine maintenance, repair and overhaul (MRO) and engine component repair, today announced its Board of Directors has authorized a stock repurchase program, effective immediately. The stock repurchase program authorizes the Company to repurchase up to $450 million of StandardAero's common stock, subject to market conditions, contractual restrictions and other factors.
“As we continue to mature as a public company, implementing a stock repurchase program gives us another tool to allocate capital toward accretive investments that enhance long-term stockholder value,” said Russell Ford, Chairman and Chief Executive Officer of StandardAero. “We are strengthening our position as a global leader in aerospace services, and while our top priority remains investing in growth opportunities and our facilities,...
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