Finance news

◇ unclassifiedusa · europe · iran

US strikes Iranian missile, drone, radar sites

The U.S. struck Iranian missile, drone and radar sites on Friday, U.S. Central Command said.

How the Pentagon is shaping its next cyber strategy

Drawing on Breaking Defense’s TechNet Cyber 2026 coverage, this eBook examines how the Pentagon is advancing AI, cybersecurity, and cyber strategy to strengthen the future force.

◇ unclassifiedusa · europe · china

NATO allies promised Trump they’d secure the Arctic; they’ve got work to do

Through most of NATO’s eight-decade history, the inhospitable High North was low priority. That calculus is now changing.

AM General CEO defends JLTV A2 program after lawmakers’ funding threat

“The JLTV A2 transition proved especially challenging due to the unforeseen condition of the technical baseline we inherited,” John Chadbourne, said in a release Friday.

Prime Minister Andy Burnham comes with defense and national security implications

Burnham will likely want to continue many aspects of Keir Starmer’s approach to defense and security policy, but with some key differences.

101st soldiers use drones to drop grappling hooks, breach razor wire

The Army should treat drones like ammo, one officer said, estimating a brigade needs between 1,000 to 1,500 drones per week in sustained combat operations.

Defense: After F-126-Aus: IG Metall demands Rheinmetall's participation in new frigate project

The union is calling on the marine company TKMS to involve the entire German shipyard industry in the construction of eight frigates for the Bundeswehr. Also the Rheinmetall subsidiary NVL.

Romania bolsters Black Sea fleet with Turkish-built corvette

The transfer marks the first delivery of a Turkish-built warship to a European Union and NATO member state, underscoring Turkey’s growing naval exports.

◇ unclassifiedusa · europe · japan

Japan to rename air force in nod to growing space capabilities

The name change will take effect in 2027.

Ex-Trump advisor John Bolton pleads guilty to retaining national defense information

John Bolton is one of several foes of President Donald Trump who has been indicted since Trump regained the White House.

◇ unclassifiedusa

Inside the T-7 Red Hawk: Read our three-part investigation

A new series of reports from Breaking Defense provides an unparalleled look at how a key Pentagon acquisition program comes together, and where it threatens to fall apart.

◇ unclassifiedmiddle-east · russia · usa

What Happened to Big Oil's Green Pivot?

Over the past 20 years, the story seemed straightforward. Big Oil would gradually become Big Energy. Over time, oil majors would use their balance sheets, engineering expertise, and global project-management skills to build wind farms, solar projects, hydrogen hubs, carbon capture networks, and renewable power businesses. Big Oil did make major investments in renewables. And that transition is still happening in parts of the energy sector. But among the oil majors, the strategy has become far mo

◇ unclassifiedchina · asia

‘We love guns’: school shooting exposes reality of Philippine crisis

Monday’s school shooting in the Philippines that killed three students and injured dozens has highlighted the decades-long problem of gun proliferation in the country, easy access to weapons despite theoretically strict laws – and Filipinos’ fascination with firearms. One shocking issue that emerged after videos of the shooting were posted online was the quantity of bullets fired and the teenaged shooters’ seeming familiarity with weapons. Officers recovered 21 fired cartridge cases, seven lead.

15d06/26⚠ war-conflict · 2/5

Bundeswehr: Builder Pistorius – Defense Minister plans military “construction turbo”

The minister wants to shorten planning and approval procedures for barracks, airfields or ammunition depots. Do lawsuits against new projects have any chance of success in the future?

Riedl's Dax radar: Four reasons why the opportunities on the stock markets are currently better than feared

The recent drop in oil prices could trigger a cascade of positive effects for the stock markets. The share price turbulence at Bayer and Rheinmetall play a particular role.

◇ unclassifiedchina · asia · usa

When geography is destiny, Gulf states must diversify their defence, expert says in Dalian

The Gulf states should prioritise diverse defences and domestic capability-building to hedge against uncertain US commitments and volatility in the Middle East, according to an expert at the World Economic Forum’s annual meeting in Dalian in northeastern China this week. Sanam Vakil, director of the Middle East and North Africa programme at Chatham House, said on Wednesday that regional governments remained deeply reliant on the United States for security but were increasingly uneasy about...

◇ unclassifiedgermany · europe · australia

Armament: Budget Committee approves federal entry into KNDS

Germany and France each want to take a 40 percent stake in the tank manufacturer KNDS. There are also concerns from the Bundestag.

◇ unclassifiedgermany · europe · china

Aircraft manufacturer: Airbus secures billion-dollar order from China

China Eastern orders 25 wide-body jets from Airbus. The European aircraft manufacturer is thus further expanding its lead over its American rival Boeing.

◇ unclassifiedusa · europe · germany

German Counter-drone startup Tytan eyes 3,000 interceptors per month in new factory

Production at the new plant is scheduled to begin in August, according to the company's CEO.

◇ unclassifiedchina · asia · russia

Russia reports one of biggest Ukrainian drone attacks, including on Crimea

Russian air defences intercepted 660 Ukrainian drones in a major night-time attack on 12 Russian regions as well as the Russia-held Crimean peninsula, the Black Sea and the Azov Sea, Russia’s Defence Ministry said on Friday. It appeared to be one of the biggest drone attacks on Russia and the illegally annexed Crimea since Russia’s full-scale invasion of Ukraine more than four years ago. The previous biggest Ukrainian attack over the past year was 556 drones on May 17. In an effort to turn the..

◇ unclassifiedchina · asia

Asia defence spending

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◇ unclassifiedchina · asia · europe

Malaysia demands US$257 million from Norwegian firm over axed missile deal

Malaysia is seeking compensation of 226 million euros (US$257 million) from a Norwegian defence firm after a deal to deliver a naval missile system was cancelled, despite the Southeast Asian country having paid about 95 per cent of the contract value. The claim comprised 129.86 million euros in direct losses, including payments already made by the government, and 96.26 million euros for additional costs and consequential damages, Defence Minister Mohamed Khaled Nordin told parliament on Friday,.

◇ unclassifiedchina · asia · usa

Ex-general seen as main Netanyahu rival ahead of Israel elections

Former Israeli defence chief Gadi Eisenkot is emerging as the main rival to incumbent Prime Minister Benjamin Netanyahu, months ahead of the nation’s parliamentary elections. Eisenkot’s new centrist party, Yashar! (Hebrew for “Straight!”), has rapidly been gaining popularity in opinion polls. It is currently second behind Netanyahu’s right-wing Likud. Israelis must elect a new parliament by October 27 at the latest, although the vote was most likely to be held on October 20. Opinion polls...

Rheinmetall: The shattered dream of a maritime autocrat

Armin Papperger wanted to expand Rheinmetall into a new system house at sea. Now the group is likely to be demoted to a supplier. That damages the growth story.

◇ unclassifiedchina · asia

Can China’s strict policing model ‘silence the guns’ in Africa?

As China’s relationship with African countries deepens, the country’s influence is spreading into more areas. In this series Jevans Nyabiage looks at an initiative to help control weapons and reduce conflict in a region where Beijing has vast economic interests. China is marketing its strict policing and arms control expertise as a blueprint to stabilise Africa’s conflict-torn Great Lakes region, leveraging its reputation as one of the world’s safest countries. Earlier this month, China and the.

Stock of the week: Rheinmetall without frigates – but the price drop shows more

The Federal Ministry of Defense is ending the major project and shares are collapsing. Analysts remain optimistic. How is this discrepancy explained?