Finance news

Airbus-led alliance lobbies Germany on fighter jet project

Industry sources said the move did not amount to an attempt to launch a new fighter project following the collapse of the Franco-German FCAS program.

Interview: Air Force Inspector Neumann: “At the moment I see no replacement for a human in the cockpit”

After the FCAS exit, the head of the Air Force is toying with additional US F-35 jets. In the interview he talks about weaknesses in air defense and explains what will count in the future.

Taiwanese lawmakers spar over 12-fold budget rise for US joint defence programme

Debate has erupted in Taiwan’s legislature over a proposed 12-fold increase in funding next year for a defence planning programme with the United States. The proposed rise in spending is for the Joint Force Design (JFD) programme, a bilateral defence planning mechanism used to assess the island’s military requirements, operational concepts and capability gaps. Findings for the JFD, formally known as the Taiwan-US Defence Department Cooperative Assessment Project, help shape force planning,...

Saab: Can this company save Germany's fighter aircraft of the future?

Saab benefited from Sweden's accession to NATO. Now the arms company is looking at Germany – and could possibly help after the FCAS fiasco.

After the fall of FCAS fighter, Germany eyes ‘realistic’ future projects with France

After years of squabbles over the development of the sixth-gen fighter jet, the centerpiece of the projected $115 billion effort, Berlin said the companies involved “cannot reach an agreement.”

European armament: Airbus is apparently forging an alliance for a new fighter jet

The German-French FCAS project failed. Now Airbus is apparently working on further collaboration with European companies. The backgrounds.

Pentagon blacklists China tech giants as US competition expands

The Pentagon added tech giants Alibaba and Baidu and carmaker BYD to a blacklist of Chinese companies with military ties amid widening competition between the world’s two largest economies. Drug maker WuXi AppTec, robot company Unitree and carmaker Nio were among other businesses added to the 1260H list, according to a US Department of Defence notice. Some Chinese companies no longer operating in the United States were removed in the annual update. Alibaba owns the South China Morning Post. The.

With the ‘Indo-Pacific’ label losing its lustre, China has an opportunity

Beyond the diplomatic choreography of last month’s Xi-Trump summit, what are the structural implications of a less confrontational US-China relationship for the Asia-Pacific? The subsequent visits by US Secretary of State Marco Rubio to India and US Secretary of Defence Peter Hegseth to Singapore in late May shed some light on the question. Both Rubio and Hegseth had accompanied Trump to Beijing. Perhaps most telling was the switch in the usage of a geographic term by the US administration. In..

China’s rail gun milestone: guided projectile prototype passes real firing test

Inside a metal shell being hurled from a standstill to a speed many times faster than sound, the pressure could be as high as an elephant standing on every square inch of a human body. To make matters worse, an invisible, violent magnetic storm is raging through its path. This is the world inside an electromagnetic rail gun. For decades, this has been the nightmare that kept weapons engineers awake. Their dream was to place a guidance chip inside a rail gun shell so it could steer itself to a...

Ifo Institute calculations: Twelve federal states with growth – NRW shrinks in the first quarter

The Iran war is also putting a strain on the economy in the federal states. Up to now, only upgrading has ensured growth in the industry.

South Korea tells Japan to apologise before military cooperation

South Korean President Lee Jae Myung has ruled out expanding military ties with Japan any time soon, insisting that historical grievances must be resolved first. The two countries have come under growing pressure to strengthen defence ties as North Korea, China and Russia draw closer together. But analysts say such a move remains politically risky for Lee’s government given deep-seated public resentment in South Korea towards Japan. To explain why his country could not yet embrace military...

Trump nominates Todd Blanche for attorney general amid controversy over DOJ fund

Blanche previously served as a criminal defense lawyer for President Trump.

What to expect at the Berlin Air Show

Aaron Mehta and Tim Martin walk through what they’re looking for at the 2026 Berlin Air Show.

How defense teams can scale AI without increasing data risk

[Sponsored] AI is expanding the mission data footprint across defense environments, increasing the need for scalable, layered data-at-rest (DAR) protection.

Trump memo on AI aims to avoid repeat of Anthropic debacle

The “National Security Presidential Memorandum” urges closer collaboration with AI companies — as long as they’re compliant with Pentagon demands — and orders a sweeping revision of Biden-era guardrails on military AI.

Nvidia's Jensen Huang charms South Korea, clinching AI factory deal with SK

Defense: Greens accuse the federal government of “failure” after the FCAS exit

Wasted opportunity or end of a months-long stalemate? Chancellor Merz's decision to stop the development of a German-French fighter jet has met with a mixed response.

US approves Kuwait request to buy nearly $2 billion of counter-drone platforms

Following recent Iranian strikes on Kuwait, the U.S. approved a potential foreign military sale of counter-UAS platforms made by Anduril.

US adds Alibaba, BYD and other Chinese tech champions to military company blacklist

The Pentagon has designated Alibaba, BYD, Baidu and more than a dozen other prominent Chinese companies as “Chinese military companies” operating in the United States, widening a blacklist that has become an increasingly effective tool in Washington’s campaign to restrict China’s access to American capital, technology and government contracts. In a Federal Register notice scheduled for publication on Wednesday, the US Defence Department said the Under Secretary of Defence for Acquisition and...

Franco-German-Spanish FCAS fighter program dead: Reports

The German Chancellor, Friedrich Merz, would have proposed that the two nations, along with Spain, which is also involved as a partner, continue to jointly develop the so-called combat cloud communication network.

Armaments cooperation: German-French fighter jet project failed

The idea of ​​a German-French fighter jet came about nine years ago. After a lot of back and forth, Merz and Macron have now stopped the most important prestige project in European arms cooperation.

US Navy F/A-18 Super Hornet strikes, disables oil tanker in Gulf of Oman

An F/A-18 Super Hornet assigned to the aircraft carrier USS Abraham Lincoln fired a precision munition into the vessel's engineering and steering spaces.

Germany and France drop joint fighter jet project

Failure to reach an agreement underscores the struggles Europe has faced in rebuilding its military capacity after decades of underinvestment.

State Department approves FMS agreements with New Zealand, South Korea

New Zealand could receive five Lockheed Martin MH-60R Seahawk helicopters as well as airborne low-frequency sonars.

US must learn lessons from Ukraine, innovate faster and cheaper: Anduril president

Anduril President Christian Brose discussed the need to develop cheaper weapons systems at scale to avoid quick depletion of exquisite munitions.

Polish-Ukrainian startup develops radar to track elusive, low-flying drones

The technology aims to find small, low-flying drones, including those connected to operators via long, fiber-optic command wires.

Armament: Merz and Macron apparently end FCAS fighter jet project

According to government circles, Germany and France are stopping the prestigious mega-arms project for a joint fighter aircraft.

Armaments project: German-French fighter aircraft project FCAS failed

After years of preparation, the billion-dollar armament project for a German-French fighter jet has failed.

FCAS uncertainty and transatlantic upheaval: What to expect at the Berlin Air Show

Over 750 exhibitors from 37 countries are expected to display their equipment, say organizers, but the New Generation Fighter (NGF) aircraft, the centerpiece of FCAS, is not scheduled to make an appearance.

French jet on NATO mission shoots down drone in Latvian airspace

Military drones straying into the airspace of Russia’s neighbors have stoked concerns that Russia’s war in Ukraine is spilling over NATO’s borders.