Finance news

Security questions swirl over Trump’s new plane given to him by Qatar

US President Donald Trump faces questions about the security of his new Air Force One plane gifted by Qatar, after he took an older jet home from a Nato summit this week. The billionaire president has barely been able to contain his excitement over the retrofitted Boeing 747-8 aircraft, which took him to Ankara on its maiden trip outside the United States. But then Trump abruptly announced in Turkey that he was sending the luxury plane on ahead to a British airbase – saying it was so US troops..

Volkswagen: Middle East conflict reaches VW – Qatar opposes deal with Israel

An arms cooperation with the Israeli company Rafael was supposed to save the VW factory in Osnabrück. But a major shareholder is against the plan. It's about hundreds of jobs.

Air Force pushing contractors to purge Anthropic by Sept. 1: Memo

The Pentagon’s new target is to remove Anthropic department-wide by end of September, even as the AI titan is suing the government to overturn it.

Ukraine can soon build its own Patriots – but it could take years

Ukraine may soon possess a license the U.S. currently extends to only a handful of allies — but it could be years before Patriots protect Ukrainian cities.

Zelenskyy taps European allies to build Freya, a cheaper Patriot-alternative to Russia’s ballistic missiles

Ukraine will hold its first coalition meeting on a homegrown ballistic missile defense system in France “in the coming days.”

DIU, Navy launch containerized payload competition

Chief of Naval Operations Adm. Daryl Caudle has been on a “containerized capability campaign.”

The state of play with the defense budget’s various moving parts

Here’s what we’re watching for after Congress comes back in July.

US Marines successfully test-fire new medium-range air defense system

U.S. Marines on Guam successfully fired the service's new Medium-Range Intercept Capability system during Exercise Valiant Shield.

Pentagon picks Lockheed, nLIGHT for laser defense project

Separately, MBDA and Rheinmetall were selected to develop a laser weapon system for the German Navy.

The autonomous CCA wingmen of 2030 may look nothing like today’s assumptions

While services test teaming with Collaborative Combat Aircraft, industry faces hard questions.

Six takeaways from the 2026 NATO Summit

From deep strike funding to a relatively tame Trump, what emerged from the event will have largely pleased most of the 32 allies.

New drone czar’s success hinges on personalities, Pentagon politics: Experts

Depending on who’s named to head the new drone-buying office, and how they handle the inevitable friction, said a former Pentagon AI chief, “it may turn out to be a master stroke … [or] it could end up looking like the F-35.”

The solution to the tanker problem the US military keeps finding in Pacific wargames

[Sponsored] Simulations consistently point to the vulnerability of larger refuelers concentrated at a handful of airfields.

Rheinmetall, MBDA to develop laser weapon for German Navy

Rheinmetall and MBDA aim to field an operational laser weapon for the German Navy in 2029.

Why India is turning to retired jets to sustain its depleted air force

India’s struggle to replenish its depleted fighter fleet has led one of the world’s largest defence spenders to seek spare parts from decommissioned aircraft. New Delhi recently secured nine retired British-built Jaguar ground-attack jets, which will not enter service with the Indian Air Force (IAF) but will be dismantled to help sustain its six operational Jaguar strike squadrons of about 120 aircraft. Analysts said the acquisition was a practical stopgap but also exposed a deeper weakness in..

Japan weighs dedicated agency to support Self-Defense Forces retirees

Italy busts Russian spy ring collecting data on Ukrainian air defense vulnerabilities

Russia has told one of its spies in Europe to find out more about air defense capabilities Western nations are sending to Ukraine.

Infrastructure: Investments in security can create more than 700,000 jobs

An analysis by EY and DekaBank shows: Investments in security and infrastructure could significantly stimulate the German economy - and strengthen the arms industry.

US opens door for Turkey’s return to F-35 stealth jet programme – but Israel’s not happy

The United States is set to resume military sales to Turkey, Nato’s second-largest military power, after President Donald Trump said sanctions imposed against Ankara over its procurement of Russian air defence systems seven years ago would soon be lifted. “We don’t want to sanction friends,” Trump told journalists at the Nato summit in the Turkish capital on Wednesday, while emphasising his “good chemistry” with President Recep Tayyip Erdogan. Trump further said he would soon take a final...

How AI is changing the nature of war and conflict

As US President Donald Trump flew home from a fractious Nato summit in Turkey, he was poised to resume the war with Iran, whose leaders he labelled “sick” and “scum”. Trump also complained about European leaders’ failure to spend enough on arms, support him in Iran and recognise the need for the US to take control of Greenland. The sense of rising global conflict has been palpable this week. What clearly showed at the summit of the transatlantic security alliance was confirmed by the latest...

China boosts North Korea partnership with rare praise during high-profile visit

North Korean Premier Pak Thae-song has begun his three-day trip to China, as Beijing offers rare praise for its socialist neighbour’s economic achievements. Pak, a member of the Politburo Presidium of the ruling Workers’ Party of Korea, landed at Beijing Capital International Airport on Friday morning accompanied by a joint party and government delegation. He is expected to attend an event marking the 65th anniversary of the signing of Beijing’s only formal defence pact, the China-North Korea...

‘Testing is now underway’: Zelenskyy confirms progress on major US defense deals

On the heels of a Patriot license pledge, Ukrainian President Volodymyr Zelensky confirmed progress on billion-dollar defense tech deals with the U.S.

Pentagon seeks to shift $4.3B to pay for increasing operation and personnel costs

In a 47-page omnibus reprogramming notification, the Pentagon outlines an array of weapon and tech programs it wants to strip dollars from to pay for “unforeseen military requirements” which are “determined to be necessary in the national interests.”

The AI disinformation gap the Pentagon may be missing

“The Pentagon is building a better mousetrap while the mice are rewriting the blueprint for the house,” argues this analyst.

European coalition pledges $50 billion to modernize deep precision strike capabilities

In a joint statement, the 12-member coalition linked the move to America’s shifting stance in European defense.

Florida airport renamed ‘Trump’ in latest push to expand his brand

A Florida airport was renamed after Donald Trump on Thursday, accelerating a push by the US president and supporters to plaster his name and image on everything from national landmarks to banknotes. The Republican leader’s son Eric celebrated by landing in the private family Boeing 757 – the so-called “Trump Force One” – at what had been known as Palm Beach International Airport for nearly half a century. “A beautiful day,” a grinning Eric Trump said on Fox News at the newly minted President...

“Join the Group” Vibes: HUK Edition

A friend sent it to you. Poor. But hey, during the training you get coffee and sandwiches for free. submitted by /u/ZookeepergameTop3323 [link] [comments]

Ukraine War: US commitment: "Ukrainian Patriots? I expect at least a year"

The US President allows the construction of Patriot missiles. Ukraine urgently needs them to protect cities. The head of the Ukrainian Armaments Association on the consequences of the decision.

Army selects four companies for new autonomous breaching program

The program aims to minimize troops’ exposure to danger and ensure safe passage of follow-on forces, according to the Army.

Goldman Sachs wins $70 billion in asset management deals with Verizon, Lockheed Martin

Competition in the multitrillion-dollar market for retirement assets is fierce among managers such as Goldman Sachs, BlackRock, Russell Investments and Mercer.