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US Navy successfully fires RAM Block 2 from Raytheon's SeaRAM launcher

2016-01-12 01:00:00| Naval Technology

The US Navy has successfully fired a rolling airframe missile (RAM) Block 2 from Raytheon's SeaRAM anti-ship missile defence system, during a live-fire exercise at China Lake in California.

Tags: block successfully ram navy

Bangladesh Navy introduces two new frigates into its fleet

2016-01-12 01:00:00| Naval Technology

The Bangladesh Navy has introduced two new frigates, BNS Shadhinota and BNS Prottoy, into its fleet as part of efforts to boost its naval capabilities.

Tags: bangladesh navy fleet introduces

US Navy completes PMA for USS Makin Island amphibious assault ship

2016-01-11 01:00:00| Naval Technology

The US Navy has completed the phased maintenance availability (PMA) for its Wasp-class amphibious assault ship, USS Makin Island (LHD 8).

Tags: island ship navy assault

Gap stock drops after holiday sales fall, including at Old Navy

2016-01-09 00:08:12| Apparel - Topix.net

Shares of Gap Inc. plummeted Friday, the day after the retailer reported a decline in its holiday season sales, including at stalwart brand Old Navy. Total net sales for the San Francisco company decreased 4% to $2 billion in the five-week period that ended Jan. 2. Gap Brand Global was down 2% from a year earlier -- not as sharp a decline as it experienced during the 2014 holiday season, when sales declined 5%.

Tags: including old sales stock