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The Latest Breaking News from Mitsubishi Heavy Industries

The Power Bill, the AI Dip, and the Date That Could Flip 2026 Stocks

2026 catalysts to watch: GE Vernova and Bowman Consulting on U.S. grid spending, Constellation on nuclear pricing, plus an AI dip and May 15 rates pivot.

MarketBeat

Australia’s new frigate deal with Japan plugs a few critical holes, but doesn’t come without risks

Defence Minister Richard Marles has announced that Japanese shipbuilder Mitsubishi Heavy Industries has been awarded a massive contract to build three new frigates for Australia’s navy. The deal is worth a reported A$10 billion.

The Conversation

Australia selects Japan's Mitsubishi Heavy Industries for $6.5B warship deal

Australia says it has accepted a Japanese company's bid for a lucrative and hotly contested contract to build Australian naval vessels, expected to be worth 10 billion Australian dollars ($6.5 billion)

The Independent UK

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Australia To Buy 11 Advanced Warships From Japan

Australia will upgrade its navy with 11 Mogami-class frigates built by Japan's Mitsubishi Heavy Industries, Defence Minister Richard Marles said on Tuesday.

International Business Times

Japan launches a climate change monitoring satellite on mainstay H2A rocket's last flight

Japan has launched a satellite to monitor greenhouse gas emissions using its H-2A rocket

The Independent UK

Flying Motorcycles Are Real, Just Not In the Way You Thought They'd Be

Mitsubishi Heavy Industries and Yamaha Motor Company have been working for several years on an unmanned aerial vehicle (UAV) prototype, and here it is.

RideApart

Japanese Navy Helicopter Crash Likely Due To Human Error

Analysis of Japanese navy helicopter crash near Torishima island reveals no mechanical issues. Recovery operation ongoing as one crew member is confirmed dead.

Top News

Japan's 1st launch of 2024 sends spy satellite to orbit (photos)

Japan launched a reconnaissance satellite called IGS Optical 8 to orbit Thursday night (Jan. 11) in the nation's first mission of the new year.

Space

Japanese, Korean heavy hitters sign on for port's clean energy precinct

Senior executives of the global firms have flown into Newcastle to join Energy Minister Chris Bowen at a media conference today.

Newcastle Herald

MHI to oversee design of next-generation N-plants

The Economy, Trade and Industry Ministry has decided to appoint Mitsubishi Heavy Industries, Ltd. as the core company overseeing the design of next-generation nuclear power plants, it has been learned. This move aims to accelerate the development of safe nuclear power plants and achieve a balance between stable energy supply…

The Japan News/Yomiuri

Factbox-Old disputes overshadow visit by Japan's Kishida to S.Korea

Japanese Prime Minister Fumio Kishida will be visiting South Korean President Yoon Suk Yeol on Sunday in the latest effort to improve bilateral ties.

Reuters

Japan signs $2.8B long-range missile development deals

Japan’s Defense Ministry says it has signed contracts worth $2.8 billion with the country’s top defense contractor, Mitsubishi Heavy Industries, to develop and mass produce long-range missiles for deployment as early as 2026 amid growing fear of China's increasing military strength

The Independent UK

S Korea announces plan to resolve row over Japan forced labour

Plan to compensate victims of colonial-era forced labour met with protests in Seoul but hailed as ‘historic’ by the US.

Al Jazeera

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The Japan News/Yomiuri

MHI to pull plug on development of domestic jet

Mitsubishi Heavy Industries, Ltd. announced Tuesday it will discontinue the development of the Mitsubishi Space Jet (MSJ), a domestically produced jet airliner, and withdraw from the business.

The Independent UK

South Korea plans fund to compensate forced labor victims

South Korean officials are considering creating a domestic fund to compensate Koreans who were enslaved by Japanese companies before the end of World War II, as they desperately try to repair relations with Tokyo that have deteriorated in recent years over historical grievances

Zenger

UK And Japan Team Up To Develop Next-Generation Fighter Engine

Japan and the United Kingdom have decided to collaborate on next-generation fighter jets, pooling their technology and resources to get the greatest bang for their dollars. Japan’s F-X program and the United Kingdom’s Tempest, both of which are scheduled to fly in the early 2030s, will be the world’s first…

The Independent UK

Japan's Mitsubishi, energy body join Gates' nuclear project

Mitsubishi Heavy Industries and the Japan Atomic Energy Agency say they have signed an agreement to participate in a next-generation nuclear energy project with TerraPower, a company started by Bill Gates

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