Finance news

Taiwan KMT chief's US trip boosts her profile as defense questions persist

KNDS proposes mixed French-German tank to replace France’s Leclerc

The French-Germany company plans for an in-house active protection system and the ability to change out the 120mm gun with a 140mm variant.

European manufacturers unveil new main battle tank variants at Eurosatory

KNDS showcased its new CaPINT MBT for the first time on Monday, advertised as a gap-filler to replace France’s aging Leclerc fleet, which is expected to be retired around 2037.

Mathildenhöhe in Darmstadt: “Financially it was a disaster”

The artists' colony was built on Darmstadt's Mathildenhöhe 125 years ago. Their houses still stand today. What is it like to live there?

Ukraine’s demand for tiny drone laser-targeting systems spurs new product launches

Companies rush to miniaturize the technology for marking targets on the battlefield, making it suitable to ride on small unmanned aerial vehicles.

India touts new ballistic missile defense prowess after tests

India aims to joint a small club of countries capable of bringing down incoming missiles with technology made domestically.

South Korean defense stocks surge on prospects for post-Iran-war sales boosts

South Korean defense stocks have risen as there will be "numerous export pipelines" for companies to sell to the Middle East.

Loitering ammunition: Rheinmetall relies on volley swarms for kamikaze drones

Neuss was once a large Rheinmetall automotive supplier plant. That's history, now the plant is being tailored to military goods. At a weapons trade fair, the company gave an insight into future production.

North Korea plays US-China rivalry card to justify ‘irreversible’ nuclear status

North Korea’s latest spirited defence of its nuclear arsenal signals a strategy that goes beyond rejecting international calls to disarm and instead leans into mounting global superpower rivalry to legitimise its weapons build-up. The verbal offensive comes as North Korea could soon face renewed pressure to return to the negotiating table. Analysts say the winding down of the Iran conflict may allow Washington and its allies to refocus attention on the Korean peninsula. Pyongyang has also seized

General Atomics awarded US Army contract for extended-range artillery round

During a test last year, the company's projectile hit targets more than 74 miles away after being fired from an M777 howitzer.

An Oil Deal That Ended a War Nobody Won

What happened today is best described, despite much more dramatic categorizations coming out of Tehran and Washington, is a 60-day ceasefire extension, now reportedly signed by both parties, that reopens the Strait of Hormuz, while the original alleged reason for going to war, the nuclear weapons issue, stays open on the negotiating table. Both sides are buying time in order to get the oil flowing through Hormuz. So, today’s deal is an oil deal, first and foremost. It’s not a victory for anyone.

Ukraine Is Winning

Today, “in the fifth year of Putin’s barbaric invasion, the assumption that time is on Russia’s side seems to be increasingly inaccurate,” Senior Fellow Michael McFaul argues in this viral post at his Substack. “The longer this war drags on, the more likely it is that time may, instead, be on Ukraine’s side.” The distinguished scholar explains that Putin failed to achieve regime change in Ukraine and ended up galvanizing Ukrainian identity with his invasion. Ukrainian defense innovations slowed

How future proof portfolio?

Made this portfolio today with my limited knowledge and hopes and dreams. Research with google, chatgpt, also tiktok and reddit recommendations. Inside there is: Tech- always a big player Btc- bought at a dip (looking for 1-2yr) Defence; Quantum computers; low marketcap stock with potential. How future proof are we talking? Is there any potential when having this for some years now. Myself being 18yr old so having time. Also this is most of my money and i really don’t have a source of income yet

General Atomics wins contract for Army’s ERAP program, joining two other vendors

General Atomics Electromagnetic Systems joins General Dynamics Ordnance and Tactical Systems and BAE Systems in the competition to develop the Army’s next 155mm variant.

B-52 crashes at Edwards, crew condition unknown

The bomber crashed shortly after takeoff at 11:20 AM local time, according to a spokesperson for Edwards Air Force Base.

UK eyes sixth-generation GCAP fighter contract signing in weeks

Italy, Japan and the UK are committed to the future fighter effort, with a timeframe of 2035 marked for entry into service.

How the Commerce crackdown on Anthropic could impact the Pentagon: Experts

By imposing export controls on the bug-hunting AI Mythos/Fable 5, the Commerce Department has complicated the Pentagon’s already fraught relationship with Anthropic.

Armament: Armaments company KNDS presents main battle tanks for France

Germany and France want to build a joint tank. But initially France is relying on a KNDS model.

DARPA seeks industry ideas for ‘rapid reconstitution’ of space systems

The RFI tags on-orbit manufacture/ assembly as one area of interest, along with enabling tech for very low Earth orbit operations.

Military: France's successor to the Leclerc: KNDS presents Capint main battle tank

The new tank is intended to strengthen France's army. Defense Minister Vautrin justifies the interim solution with delays in the German-French tank project MGCS.

As demand rises, Embraer readies for greater Gripen workshare

While Embraer is partnered with Saab to manufacture the Swedish jet, Embraer CEO Francisco Gomes Neto said the fighter market “is not a place that we want to go to,” adding that the company is “studying other segments first.”

German-French dispute: The battle for the tank of the future is coming to a head

The German-French fighter plane is history. There are different concepts not only in the air, but also on the ground. Ideas on central arms issues diverge.

Russian strategic bomber crashes in Siberia during training exercise

The Soviet-era supersonic bomber has most recently been used by Russia for combat missions in Syria and Ukraine.

Israeli MoD cries foul as Israeli booths ‘boarded up’ at Eurosatory defense show

The booths of some smaller Israeli firms are hidden behind temporary walls here, while spaces for larger companies are open but mostly devoid of weapons systems.

Petronas Farms Down Several Malaysian Assets

Petronas said it continues to expand participation by state governments in the development of Malaysia's oil and gas resources.

France’s Arquus unveils new 6×6 meant to carry big guns

Company officials said the vehicle was created in response to battlefield lessons learned from Ukraine.

Japan, Italy to boost tech, critical minerals cooperation

Japanese Prime Minister Sanae Takaichi and her Italian counterpart Giorgia Meloni agreed on Monday to deepen cooperation in advanced technologies such as semiconductors and strengthen supply chains for critical minerals to bolster economic security while advancing defence ties. The two leaders also welcomed a preliminary agreement between the United States and Iran intended to end their war that triggered global oil supply disruptions, before their planned participation in a Group of Seven...

Armament: Rheinmetall cooperates with South Korea on guided missiles

The South Korean arms company LIG Defense & Aerospace wants to develop guided missiles together with Rheinmetall. These are intended to destroy enemy glide bombs inexpensively.

Black Recon ‘microdrone’ system unveiled by Teledyne FLIR

The drone, which weighs less than 450 grams, has flight time of up to an hour and can hit a top speed of around 55 miles per hour, per the company.

Is Beijing planning to make more drones overseas for Middle Eastern buyers?

One of China’s largest defence contractors displayed a model of a drone assembly line at a leading international defence exhibition, hinting that the firm is planning to make more of the weapons overseas. The state-run North Industries Group Corporation (Norinco) displayed the model during this year’s Eurosatory, one of the world’s largest exhibitions of army weaponry, which is being held in Paris this week. The miniature depicted the manufacture of several Norinco drones, such as the BZK-005E..