Finance news

1,246 items · filtered by Kanal: defense

Pentagon’s push to field weapons faster risks outrunning its own oversight, watchdog finds

Workforce reductions meant that weapon systems reach warfighters with “undocumented shortfalls related to effectiveness, suitability, [and] survivability."

◇ unclassifiedusa · europe

10d07/01

Mark Rutte: “In five weeks, Russia will lose as many men and women in uniform as the USA lost in Vietnam in 15 years”

NATO's Secretary General talks about Ukraine's successes, praises the Bundeswehr's armament and outlines a possible naval deployment in the Strait of Hormuz.

◇ unclassifiedgermany · europe · usa

10d07/01

Trump takes first flight on new Air Force One, a gift from Qatar

US President Donald Trump flew for the first time on Wednesday aboard a retrofitted Boeing 747 that he accepted as a gift from Qatar. The luxury aircraft, reported to be worth about US$400 million, officially joined the Air Force One fleet last month. It had to undergo extensive modifications at US taxpayers’ expense, including security upgrades, before being cleared for use. Trump used it to fly to North Dakota to visit the new Theodore Roosevelt Presidential Library. Trump accepted the jet in.

◇ unclassifiedchina · asia · usa

10d07/01

EXCLUSIVE: Hegseth creates autonomy czar to manage almost all drone efforts

According to an internal memo obtained by Breaking Defense, the new role covers all ground vehicles, all small air vehicles and almost all sea vehicles, and reports directly to Deputy Defense Secretary Stephen Feinberg.

◇ unclassifiedusa · europe

10d07/01

Alibaba sues Pentagon, rare earth truce tested, Taiwan arms: 7 US-China relations reads

We have selected seven of the most interesting and important news stories covering US-China relations from the past few weeks. If you would like to see more of our reporting, please consider subscribing. 1. Trump thinks he is playing hardball. But China is playing Trump: analysts As the summit between Chinese President Xi Jinping and US President Donald Trump fades in the rear-view mirror, marked by anaemic deliverables, poor transparency and missed opportunities, analysts and former US...

◇ unclassifiedchina · asia · taiwan

10d07/01⚠ war-conflict · 3/5

Go big or go home: Washington’s assistance to the Lebanese army

The US seems stuck on the fence about whether to abandon or commit to the Lebanese military, and until it picks a side, little is likely to change in the regional conflict with Hezbollah, writes Bilal Saab.

◇ unclassifiedusa · europe

10d07/01⚠ war-conflict · 3/5

Video purportedly shows Ukrainian unit running down Russian Shahed. The US is paying attention.

An unverified video of Ukrainian unit taking down a Shahed drone with an American-made interceptor comes as the U.S. Army seeks to field drones at scale.

◇ unclassifiedusa · europe · russia

10d07/01

UK defense plan to unlock fresh GCAP contract before Farnborough Airshow

The British government came up with essential funding on the day that cash flow for the jet was due to run out.

◇ unclassifiedusa · europe · uk

10d07/01⚠ war-conflict · 3/5

Ukraine is launching strike-drones from everything – including Black Sea robo-boats

The Pentagon is studying the lesson as it shifts focus toward a possible conflict with China.

◇ unclassifiedusa · europe · china

10d07/01⚠ war-conflict · 2/5

Strengthening the Bundeswehr: Cabinet approves laws for reserves and military buildings

With two major changes to the law, the federal government wants to make it possible to strengthen the armed forces more quickly. The green light is given at a meeting at the Ministry of Defense.

◇ unclassifiedgermany · europe · australia

10d07/01

Demand for riskier mortgages drops, as their advantages shrink

The spread between the 30-year fixed-rate mortgage and adjustable-rate loans is narrowing, causing demand for ARMs to weaken.

◇ unclassifiedusa

10d07/01⚠ war-conflict · 3/5

Buy the UK DIP? Defense stocks lifted by $20 billion spending boost as gilts come under fire

British defense stocks are marching higher once again after the U.K. confirmed a near-$20 billion military spending boost on Tuesday.

◇ unclassifiedusa · uk

10d07/01⚠ war-conflict · 3/5

Germany expands its exoatmospheric missile shield with second Arrow-3 deployment

Kaufbeuren will be home to the system’s radar site, while the actual interceptor launchers for that battery are planned for nearby Fliegerhorst Lechfeld.

◇ unclassifiedusa · europe · germany

10d07/01⚠ war-conflict · 3/5

Ukraine signs $2.5 billion contract with Sweden for Gripen E deliveries by 2029

The deal is a first step in Kyiv’s planned ambition to purchase up to 150 of the advanced combat jets, noted Swedish Minister of Defense Pål Jonson on social media.

◇ unclassifiedusa · europe · uk

10d07/01⚠ war-conflict · 3/5

Israel tests Iron Dome with Iron Beam, pairing missiles with laser pulses for air defense

The combination of technologies is meant to give Israel a leg up in shooting down high-volume swarms of incoming threats like drones or missiles.

◇ unclassifiedusa · europe · iran

10d07/01

Defense: Türkiye tightens security precautions ahead of NATO summit

Turkey is relying on maximum security for the NATO summit. Host Erdogan is using the appearance to portray Turkey as an indispensable ally.

◇ unclassifiedgermany · europe

10d07/01⚠ war-conflict · 3/5

UK’s Starmer unveils $20 billion defense boost in long-delayed investment plan

The Defence Investment Plan falls short of the £28 billion($37 billion) wanted by defense chiefs and represents a 5% increase in annual defense spending.

◇ unclassifiedusa · europe · uk

10d07/01

Europe’s defense boom faces a new test: Can it actually deliver weapons?

Europe’s defense boom faces a test as investors weigh whether budgets and backlogs can become weapons, factories and returns.

◇ unclassifiedusa · europe

10d07/01

Is Canada about to validate South Korea's shipbuilding ecosystem?

Canada's submarine competition may look like a defense procurement story. I think investors should also see it as a test of long-term industrial ecosystems.Canada Set to Select Submarine Supplier as Hanwha Ocean Makes Final Push I admit I have a personal perspective. Decades ago, I worked on ship exports at Daewoo, one of the predecessors of today's Hanwha Ocean. That experience may be one reason I see this as more than a defense contract. submitted by /u/BluewaterEcosystems [link] [comments]

Social◇ unclassifiedkorea

10d07/01

India’s arms sector eyes pivotal breakthrough with UAE: ‘confidence booster’

A potential sale of BrahMos missiles to the United Arab Emirates could mark a significant step in India’s push to become a serious arms exporter, giving New Delhi a foothold in one of the world’s most competitive security markets, analysts have said. The talks also include the potential sale of Akashteer, India’s automated air-defence command-and-control system, according to a Reuters report from June 22. No deal has been signed and discussions remain in the early stages, but analysts say a UAE.

◇ unclassifiedchina · asia · usa

10d06/30⚠ war-conflict · 2/5

On the ground at Turkey’s EFES 2026 multinational military exercise

Middle East Bureau Chief Agnes Helou reports from the sidelines of a recent large multinational exercise hosted by Turkey.

◇ unclassifiedusa · europe · middle-east

10d06/30

US State Department green lights possible sale of Hellfire missiles to Singapore

The US State Department has backed a potential sale of AGM-114R Hellfire missiles to Singapore, valued at US$22.3 million, in a deal it said would strengthen the city state’s defences, a key US strategic partner in Asia. The department on Tuesday said the sale would include 67 Hellfire missiles – a type of precision-guided, air-to-ground missile – as well as spare parts and support equipment. Lockheed Martin will be the principal contractor. “This proposed sale will support the foreign policy...

◇ unclassifiedchina · asia

10d06/30

House GOP defectors tank procedural vote to bring NDAA to floor

GOP leadership said House members would leave for the Independence Day holiday tonight, leaving the timeline for NDAA passage unclear.

◇ unclassifiedusa · europe

10d06/30

Tobyhanna Depot boosts drone component production with new assembly lines

Ahead of the Army’s upcoming advanced manufacturing strategy, leaders within the Army’s organic industrial base revealed new details on how they are scaling production of drone components as part of the Drone Dominance initiative.

◇ unclassifiedusa · europe

11d06/30

Drones, fighters, armored vehicles: Highlights from the UK’s Defence Investment Plan

Beyond top line spending, one of the leading takeaways from the DIP is the clear push to acquire and field autonomous systems, underpinned by a £5 billion investment in the technology, which includes plans for a “hybrid navy.”

◇ unclassifiedusa · europe · uk

11d06/30⚠ war-conflict · 3/5

Cybersecurity: Hackers successful in attack on TKMS defense company

A subsidiary of ThyssenKrupp Marine Systems has been the target of a cyber attack. Hackers are said to have secured internal data. Is the company now being blackmailed?

◇ unclassifiedgermany · europe · usa

11d06/30

In a first, Trump will travel aboard Qatari-donated Air Force One

Trump will travel to North Dakota on Wednesday for the aircraft's inaugural presidential use over a week after its commissioning flights began.

◇ unclassifiedusa · europe · uk

11d06/30⚠ war-conflict · 3/5

The US Army goes into the breach — without soldiers

The phrase “into the breach,” invokes one of the Army’s most deadly missions. Now, instead of sending soldiers, the Army is experimenting with drones.

◇ unclassifiedusa · europe · uk

11d06/30⚠ war-conflict · 3/5

Japanese torpedo sends US ship to the ocean floor during Valiant Shield exercise

The USS Juneau was sent to the ocean floor during a multinational SINKEX exercise.

◇ unclassifiedusa · europe · japan

11d06/30⚠ war-conflict · 3/5

Recent DoD changes risk fielding weapons with hidden problems, watchdog warns

Major workforce reductions at DOT&E have led to “action officers” being assigned more programs, programs in warfare areas for which they lack expertise, or both, GAO said.

◇ unclassifiedusa · europe

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