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TOKYO -- Japan's first submarine powered by lithium-ion batteries was launched on Thursday, symbolizing domestic defense contractors' hopes that innovations can allow the industry to survive amid renewed pressure from Washington to procure more American military gear. The 84-meter Oryu was lowered into the water at the Kobe shipyard of Mitsubishi Heavy Industries, the vessel's developer, after being christened with a bottle of sake. The submarine can reach speeds of roughly 20 knots and displaces 2,950 tons. It will be delivered to the Japan Maritime Self-Defense Force in March 2020. The Oryu is the eleventh submarine based on the Soryu's...

Today at PCMA plant (Peugeot Citroen Mitsubishi Automotive) in the village of Rosva near Kaluga has started the production of on-frame Mitsubishi Pajero Sport SUVs. The start was late a little: originally release of Russian Sport was planned for November. However, this model for the Kaluga plant is not absolutely new. Previous generation Mitsubishi Pajero Sport SUVs were assembled from 2013 to 2016 here, however with an coming of the SUV of present, third generation the company switched to direct import from Thailand again. And at first to us were delivered only petrol Sports, and diesel SUVs appeared in Mitsubishi...

Mitsubishi Heavy Industries, Kawasaki Heavy Industries, Thyssenkrupp among bidders MUMBAI, JULY 19: Six advanced submarines, to be built under Project 75(I) to scale up the Navy’s warfare capabilities, are set to get off the starters’ block, with the Navy issuing a Request for Information (RFI) to six foreign original equipment manufacturers (OEMs) for the €8.3-billion submarine project. “The Indian Navy has issued an RFI asking competent companies that have independently designed and constructed a modern submarine, which is either currently in service or is undergoing sea trials,” confirmed officials who got the RFI, adding that “the L1 for P-75(I) will...

<p>A disabled Navy veteran has a new ride a week after authorities said he was beaten by three men he confronted as they were torturing a turtle in Daytona Beach.</p> <p>Daytona Beach Kia-Mitsubishi gave Garry Blough, 45, keys to a 2012 Kia Forte after the incident was brought to their attention by another veteran, former Marine Paula Mongeon.</p>

A disabled Navy veteran has a new ride a week after authorities said he was beaten by three men he confronted as they were torturing a turtle in Daytona Beach. Daytona Beach Kia-Mitsubishi gave Garry Blough, 45, keys to a 2012 Kia Forte after the incident was brought to their attention by another veteran, former Marine Paula Mongeon. "I just knew they would help this guy, I just knew it," Mongeon told The Daytona Beach News-Journal (http://bit.ly/2kPNd6y ).

DAVOS, SWITZERLAND – U.S. President Donald Trump’s promise to create jobs by spending $1 trillion over 10 years upgrading infrastructure from airports to schools is an opportunity for Mitsubishi Heavy Industries Ltd., the conglomerate’s chairman said. Mitsubishi, maker of an array of products from forklifts to nuclear power plants and aircraft, also won’t hesitate to invest more in the U.S., Hideaki Omiya, 70, said in an interview on the sidelines of the World Economic Forum in Davos, Switzerland, on Friday. “We provide infrastructure all over the world, including the U.S.,” he said. “It might be a good opportunity for us.”...

Nissan Chief Executive Carlos Ghosn is confident a 237 billion yen ($2.2 billion) investment in a controlling stake in scandal-embroiled Mitsubishi Motors will prove a bargain when sheer size is critical in the auto industry. Japanese transport ministry officials raided Mitsubishi Motors Corp.’s Tokyo headquarters Friday, as part of an investigation into inflated fuel-economy data for several models. […] Mitsubishi’s shares fell 43 percent between April 19 — the day before it announced the fuel economy scandal — and May 11. The stock cost 565 yen ($5.20) Friday, down 1.7 percent following a surge on the deal's news. Gaining Mitsubishi...

In April 2014 the Japanese government finally lifted its postwar ban on the export of defense products. Tokyo approved its first arms export this summer — the supply of PAC-2 missile parts to the U.S., which will then sell the completed Patriot missiles to Qatar. It’s only a matter of time before Tokyo sells a major military platform rather than just parts. With a wealth of experience in manufacturing armor, ships, submarines and helicopters, there’s a lot for potential buyers to choose from. But Japan’s first sale will probably be a search-and-rescue amphibious aircraft — a seaplane — called the...

The corporate executive at the head of Japan’s submarine bid has warned of the “risk� in retro-fitting a nuclear submarine with a diesel engine as proposed by the French bid, and that scaling up a smaller design would create technical “challenges�. The caution comes as bid ­leader Mitsubishi Heavy Industries also said it would be willing to bid for future warship contracts in Australia and to launch satellites for the Australian government or telecommunications companies to augment its campaign for the $20 billion submarines contract. MHI chief executive Shunichi Miyanaga, when asked about converting a nuclear submarine to run on...

One of Mitsubishi's legendary Zero fighter planes took to the skies over Japan on Wednesday for the first time since World War II. The restored plane made a brief flight to and from a naval base in southern Japan. Decorated former U.S. Air Force pilot Skip Holm flew the aircraft. Zero fighters were considered one of the most capable fighter planes in World War II, rivaling the British Spitfire. Their long range allowed them to play a prominent role in the 1941 attack on Pearl Harbor. Only a few are still in operating condition. ...

Japan's first commercial passenger plane in half a century made its maiden flight on Wednesday, in a breakthrough for the country's long-held ambition to establish an aircraft industry able to challenge some of the major players in global aviation. The Mitsubishi Regional Jet (MRJ) successfully completed a 1.5-hour return flight from Nagoya Airport to test Mitsubishi Aircraft Corp's ability to bring the 100-seat class plane into service after three years of delays. The unit of Mitsubishi Heavy Industries (7011.T), which built the World War Two-era Zero fighter, is hoping the $47-million regional jet will help it oust Canada's Bombardier Inc...

Japanese media reports say automaker Mitsubishi Motors has decided to end production in the U.S. to focus on Asian markets. […] The company sold only 82,000 vehicles in the United States last year, less than one percent of the total market. …

LOS ANGELES (AP) -- Saying they felt a "deep sense of ethical responsibility for a past tragedy," executives from a major Japanese corporation gave an unprecedented apology Sunday to a 94-year-old U.S. prisoner of war for using American POWs for forced labor during World War II.At the solemn ceremony hosted by the Museum of Tolerance at the Simon Wiesenthal Center in Los Angeles, James Murphy of Santa Maria, California, accepted the apology he had sought for 70 years on behalf of U.S. POWs from executives of Mitsubishi Materials Corp.

The first thing to notice is how rapidly Elon Musk's SpaceX is altering the market for government-sponsored rocket launches. Witness how frequently the words "to compete with SpaceX" appear in industry statements and press coverage. To compete with SpaceX, say multiple reports, the United Launch Alliance, the Pentagon's traditional supplier, is developing a new Vulcan rocket powered by a reusable engine designed by Jeff Bezos's Blue Origin. Because of SpaceX, says Aviation Week magazine, Japan's government has instructed Mitsubishi to cut in half the cost of the Japanese workhorse rocket, and China is planning a new family of kerosene-fueled Long...

In its latest "Defense and space domain briefing" Japan's Mitsubishi Heavy Industries (MHI) unveiled a new surface combatant concept. Not much information is available but this new concept may be MHI's vision for the Japan Maritime Self-Defense Force (JMSDF) next generation 3000 tons class Frigate known as "30FF" or FFX. MHI surface combatant vessel concept revealed in its latest "Defense and space domain briefing" could be the JMSDF future 3000 tons class frigate known as "30FF". Source: MHI The MHI briefing document explains that this concept vessel is being designed to answer the new needs from the JMSDF for "compact"...

Mitsubishi UFJ Financial Group is said to be among 12 companies which have signed non-disclosure agreements over the prospective acquisition of GE Capital Sponsor Finance. According to peHub, which first reported the news, other companies that have signed NDAs include Apollo Management and Ares Management. Other potential buyers are said to be Blackstone Group LP, Wells Fargo & Co, and American fleet management company Element. GE Capital Sponsor Finance is expected to sell within 90 days. In April, General Electric announced it was selling its global fleet management and leasing businesses because it was becoming increasingly difficult to generate a...

TOKYO -- The Japanese government is embarking on an ambitious quest to develop an entirely domestic fighter jet for the first time since the end of World War II. It will work with major defense contractors such as Mitsubishi Heavy Industries and IHI on the project, which is a milestone in Japan's defense procurement policy. The project will start in earnest in fiscal 2015, with work on a prototype engine and assessments of the aircraft's stealth capabilities. The outlook for the costly undertaking is murky, however, given that the U.S. has never supported Japan's efforts to develop a fighter on...

(Reuters) - Japan's Mitsubishi Electric (6503.T) has agreed to take the first step towards a partnership with European missile maker MBDA to develop a medium-range air-to-air missile for the F-35 stealth fighter, two people with knowledge of the matter said. The preliminary deal marks an extension of Prime Minister Shinzo Abe's bid to launch Japan's military suppliers into the global arms market through international tie-ups, and thereby bring down costs for Japan's defense procurement. If successful, it would represent the first time Japanese-built components had been used on a missile sold overseas, one of a string of potential international arms...

On April 8, 2014, Nikkei, the Japanese equivalent of the Wall Street Journal, reported that Mitsubishi Heavy Industries in Yokohama, Japan, plans to use low-energy nuclear reactions to clean nuclear waste. This patented LENR transmutation method was developed by Mitsubishi physicist Yasuhiro Iwamura. New Energy Times has translated the Nikkei story below. We have also placed online a copy of a recent slide presentation from Iwamura and an updated European patent specification from the company. The patent claims that the reactions occur not by fission or fusion, but by a two-step mechanism beginning with a weak interaction; a neutron is...

Transmutation Revolution? Mitsubishi Granted Patent for ‘Nuclide Transmutation’ Process Posted on March 4, 2014 by admin • 64 Comments Thanks to Cold Fusion Now and AlainCo at LENR Forum for picking up what seems to be a very important development — Mitsubishi Heavy Industries has been granted a patent by the European Patent Office for a “Nuclide transmutation device and nuclide transmutation method” which the introduction to the patent states could allow for the transforming of long-lived radioactive waste into short-lived radioactive nuclides or stable nuclides, and the transmutation of abundant elements into rare earth elements. The patent application was...