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SAF has to come up with new ways to overcome challenges: Chan Chun Sing, Singapore News
SAF has to come up with new ways to overcome challenges: Chan Chun Sing, Singapore News

AsiaOne

time27-05-2025

  • Politics
  • AsiaOne

SAF has to come up with new ways to overcome challenges: Chan Chun Sing, Singapore News

The Singapore Armed Forces (SAF) must "constantly re-examine" its operations to overcome new challenges, said Defence Minister Chan Chun Sing on Tuesday (May 27). Chan was speaking to reporters at Nee Soon Camp, the final stop in his morning visit of high readiness units across all four SAF services — his first since being sworn into his new appointment on May 23. "We are in a changed world. There are new challenges, disruptions because of technology, and new forces that we have to content with," said Chan. "But it is also why we have come up new ways to overcome our challenges." During his visit to Nee Soon Camp, Chan observed troopers from the Army Deployment Force (ADF) conduct their routine training to sharpen their response to peacetime contingencies, such as terrorism threats and disaster relief. The all-regular unit were put through the paces, accounting for strength and equipment, before they were deployed in peacekeeper protected response vehicles. Chan said that he is heartened that the SAF is not resting on its laurels, and is "constantly re-examining the way it does its operations". "It's not just about planning for today's situation that's important for the SAF. It's also about planning forward," he added. Earlier in the morning, Chan, together with Senior Minister of State for Defence Zaqy Mohamad and Minister of State for Defence Desmond Choo, observed how AH-64D Apache helicopter pilots and air crew from the Republic of Singapore Air Force scrambled to respond to a simulated air threat. It is part of Exercise Rover, run by RSAD's Air Power Generation Command from May 22 to 31. A part of Sembawang Country Club's golf course was converted into a temporary helicopter deployment area — capable of supporting missions such as air defence and humanitarian assistance and disaster relief. Mindef said that as part of the exercise, AH-64D, H225M and CH-47 helicopters were activated to respond to various scenarios. The minister also visited the Republic of Singapore Navy's training, where the Maritime Security Task Force simulated how they neutralised a terrorist attack against Singapore from the sea. As for the Digital and Intelligence Service (DIS), he was briefed on its intelligence support for counter-terrorism operations. He also interacted with the DIS personnel who conduct 24/7 intelligence monitoring. Speaking to the media on Tuesday, Chan acknowledged that the armed forces capabilities can take years to go from being conceptualised to operational. "Many of the things that I saw this morning, some of them were capabilities that we were talking about many years ago," he said. "And today it's a joy to see them being operational." Chan, a former Education Minister, was moved to helm the defence ministry in Prime Minister Lawrence Wong's new Cabinet on May 21. A former army chief before entering politics in 2011, Chan was also Senior Minister of State for Defence and Second Minister for Defence. [[nid:714267]] chingshijie@

Reasons to Include Triumph Group Stock in Your Portfolio Now
Reasons to Include Triumph Group Stock in Your Portfolio Now

Yahoo

time22-05-2025

  • Business
  • Yahoo

Reasons to Include Triumph Group Stock in Your Portfolio Now

Triumph Group, Inc. TGI, with rising earnings estimates, better solvency, strong liquidity, robust backlog and growing aftermarket business, offers a great investment opportunity in the Zacks Aerospace Defense Equipment us focus on the reasons that make this Zacks Rank #1 (Strong Buy) stock an attractive investment pick at the moment. The Zacks Consensus Estimate for Triumph Group's fiscal 2026 earnings per share (EPS) has increased 2.9% to $1.06 per share over the past 60 Zacks Consensus Estimate for fiscal 2026 revenues is pegged at $1.33 billion, which indicates a year-over-year increase of 11.6%.TGI delivered an average earnings surprise of 159.38% in the trailing four quarters. TGI's current ratio at the end of the third quarter of fiscal 2025 was 2.50, higher than the industry's average of 1.79. The ratio being greater than one indicates the company's ability to meet its future short-term liabilities without difficulties. Triumph Group's times interest earned ratio (TIE) at the end of the third quarter of fiscal 2025 was 1.2. The TIE ratio of more than 1 indicates that the company will be able to meet its interest payment obligations in the near term without any problems. TGI has been receiving a constant stream of orders from its diversified customer base. Due to its wide range of superior products, the company keeps receiving orders from manufacturers of commercial aircraft and other military agencies worldwide, expanding its order book. This must have led to a solid backlog of $1.87 billion as of Dec. 31, 2024. Triumph Group announced that its Actuation Products and Services division delivered more than $28 million of aftermarket shipments to support Boeing 787 and Airbus A380 Landing Gear overhaul activity, year to date for fiscal 2025. This was the largest shipping volume Triumph Group had ever military aftermarket sales climbed 31.5% in the last reported quarter, driven by increasing repair volume on the UH-60 platform and spare volume on the CH-47. In the third quarter of fiscal 2025, its commercial aftermarket sales climbed 42.3% year over year due to increasing spares and repair sales volume across multiple platforms, including the Boeing 737 and 787 programs. In the past six months, TGI shares have rallied 35.5% compared with its industry's return of 1.3%. Image Source: Zacks Investment Research A few other top-ranked stocks from the same industry are Curtiss-Wright Corp. CW, Woodward, Inc. WWD and FTAI Aviation Ltd. FTAI, each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks long-term earnings growth rate is 12%. The Zacks Consensus Estimate for the company's total revenues for 2025 stands at $3.38 billion, which indicates year-over-year growth of 8.3%.Woodward's long-term earnings growth rate is 13%. The Zacks Consensus Estimate for WWD's fiscal 2025 sales is pegged at $3.45 billion, which implies an improvement of 3.7%.The Zacks Consensus Estimate for FTAI's 2025 EPS stands at $5.14 per share, which calls for a massive year-over-year upsurge of 1,706.3%. The Zacks Consensus Estimate for FTAI's total revenues for 2025 is pegged at $2.11 billion, which suggests growth of 21.8%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Triumph Group, Inc. (TGI) : Free Stock Analysis Report Curtiss-Wright Corporation (CW) : Free Stock Analysis Report Woodward, Inc. (WWD) : Free Stock Analysis Report FTAI Aviation Ltd. (FTAI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research

US or China? 2 Philippine provinces show the local face of a global power struggle
US or China? 2 Philippine provinces show the local face of a global power struggle

South China Morning Post

time21-04-2025

  • Politics
  • South China Morning Post

US or China? 2 Philippine provinces show the local face of a global power struggle

A new study has shed light on how the geopolitical rivalry between the United States and China is playing out at the local level in the Philippines , with provincial support for national security strategies often shaped by economic ties and exposure to Chinese activities in the South China Sea. Advertisement The report by the University of the Philippines, titled 'Localization of the United States–China Rivalry: Cases from the Philippines', examined the influence of both superpowers in Cagayan and Palawan, two provinces that host sites accessible to American forces under the Enhanced Defence Cooperation Agreement (EDCA). 'Big-power influence in the Philippines trickles down to the local government level because national foreign policy preferences are not diffused equally across the country,' the study said. It added that political, economic, diplomatic and military benefits from either side served as 'powerful incentives for local leaders'. Cagayan lies in the far north, facing Taiwan across the Luzon Strait, while Palawan is the westernmost province, near the West Philippine Sea – Manila's term for its exclusive economic zone within the contested South China Sea Though both provinces host EDCA sites, researchers observed stark differences in how they viewed China 's role. In Cagayan, a long history of welcoming Chinese investment – dating back to the 1990s – has shaped political attitudes, while Palawan's stance is strongly influenced by on-the-ground encounters with Chinese vessels in disputed waters. A US Army CH-47 helicopter flies over Cagayan during a joint military exercise in May last year. The province hosts US military sites under the Enhanced Defence Cooperation Agreement. Photo: AP A key difference between the two lies in how closely their leaders align with national policy, according to Aletheia Valenciano, an assistant professor of political science at the University of the Philippines and a co-author of the study.

US or China? Two Philippine provinces show the local face of a global power struggle
US or China? Two Philippine provinces show the local face of a global power struggle

South China Morning Post

time21-04-2025

  • Politics
  • South China Morning Post

US or China? Two Philippine provinces show the local face of a global power struggle

A new study has shed light on how the geopolitical rivalry between the United States and China is playing out at the local level in the Philippines , with provincial support for national security strategies often shaped by economic ties and exposure to Chinese activities in the South China Sea. Advertisement The report by the University of the Philippines, titled 'Localization of the United States–China Rivalry: Cases from the Philippines,' examined the influence of both superpowers in Cagayan and Palawan, two provinces that host sites accessible to American forces under the Enhanced Defence Cooperation Agreement (EDCA). 'Big-power influence in the Philippines trickles down to the local government level because national foreign policy preferences are not diffused equally across the country,' the study said. It added that political, economic, diplomatic and military benefits from either side served as 'powerful incentives for local leaders'. Cagayan lies in the far north, facing Taiwan across the Luzon Strait, while Palawan is the westernmost province, near the West Philippine Sea – Manila's term for its exclusive economic zone within the contested South China Sea Though both provinces host EDCA sites, researchers observed stark differences in how they viewed China 's role. In Cagayan, a long history of welcoming Chinese investment – dating back to the 1990s – has shaped political attitudes, while Palawan's stance is strongly influenced by on-the-ground encounters with Chinese vessels in disputed waters. A US Army CH-47 helicopter flies over Cagayan during a joint military exercise in May last year. The province hosts US military sites under the Enhanced Defence Cooperation Agreement. Photo: AP A key difference between the two lies in how closely their leaders align with national policy, according to Aletheia Valenciano, an assistant professor of political science at the University of the Philippines and a co-author of the study.

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