Finance news

US tells Europe, Canada to boost NATO air and naval forces

“Nations just need to assign the capabilities they have to NATO,” a spokesman for the alliance's military headquarters said.

Lockheed’s GRIZZLY C-UAS system downs attack drone in live-fire demo

The live-fire demonstration paired the radars, Sanctum software and launcher to destroy the target at Yuma Proving Ground, Arizona.

Gulf tensions escalate as Iran hits Kuwait, US strikes near Hormuz

CENTCOM said it had carried out a new round of defensive strikes in southern Iran, while an Iranian drone attack on the Kuwait airport killed one person.

Army, J-7 to test new sensor with high-altitude balloon in coming days

The Wallabee prototype is set to provide the Army and the J-7 with more intelligence-gathering capabilities in the stratosphere.

Sale of civilian businesses: Rheinmetall becomes a pure arms manufacturer - at least almost

Rheinmetall is known as a manufacturer of tanks, artillery, anti-aircraft guns and ammunition. But the company also operates as an automotive supplier. Still.

The US is delaying weapon sales to allies. Will there be long-term impact?

A number of factors may “lead even long-standing allies and partners to question whether or not it’s wise to continue to depend on the United States for essential defense articles and services,” one analyst said.

Armament: Rheinmetall sells remaining civilian businesses

Rheinmetall is selling its remaining auto and energy activities to Aequita. The purchase price is around 350 million euros.

Arms industry: Rheinmetall sells car division – the price is lower than hoped

After long negotiations, the investment company Aequita is taking over the civil business of the DAX group. However, Rheinmetall boss Armin Papperger has to make major concessions.

Deadly Russian Strikes Across Ukraine Renew Calls for More Air Defenses

Despite more than four years of full-scale war and repeated attacks on civilian infrastructure, Ukrainians were shocked by the intensity of the latest Russian missile and drone barrage overnight that left death and destruction in Kyiv, Dnipro, and other cities. The June 2 attack came days after Moscow warned of further strikes on the capital, including against what it called Ukraine's "decision-making centers," and urged foreign citizens and diplomats to leave the city. Russia pummeled the Ukrai

High depreciation: Rheinmetall sells car division to financial investor Aequita

At the beginning of May, the FAZ reported exclusively that Rheinmetall is negotiating with the financial investor Aequita about the sale of its ailing car division. Now the deal is sealed - and with it the farewell to the civilian business.

Defense: Major NATO states block minimum aid target for Kyiv

NATO Secretary General Mark Rutte's proposal to set a minimum annual contribution for military aid to Ukraine will remain without a majority. The backgrounds.

At a NATO range in Latvia, hits and misses mark Europe’s counter-drone journey

Drone technology is “a couple of steps ahead” of countermeasures, one officer said, with interceptors having to work every time to prevent losses.

Energy: EU Commission wants to allow more debt for the energy transition

There are actually strict upper limits in the EU for the debt levels and new borrowing of the member states. Deviating from this could affect arms financing.

European debt rules: EU Commission wants to allow more debt for the energy transition

The EU Commission is proposing that member states be allowed to take on more debt for the transition to clean energy without having to fear criminal proceedings. Does that mean less investment in armaments?

Trump says Iran agreed to not have nuclear weapons, but 'they can change their mind'

The president was speaking to the New York Post's "Pod Force One" podcast in a wide-ranging interview.

How Japan and the Philippines are building a maritime security front against China

Japan and the Philippines are deepening defence and maritime cooperation over shared concerns about China, with broad implications that analysts say reach beyond the South China Sea. Following Philippine President Ferdinand Marcos Jnr’s state visit to Tokyo last week, the two sides agreed to launch formal talks on military intelligence sharing and maritime boundary delimitation, while elevating ties to a comprehensive strategic partnership. Beijing responded strongly, denouncing the boundary...

Energy aid: Brussels wants to further weaken EU budget rules

The EU Commission is bowing to demands from Italy: the exemptions from the EU Stability Pact previously intended for defense spending will in future be extended to include energy aid.

A Cyber Force budget would require at least $10 billion, new commission report says

The Commission on US Cyber Force Generation released its report outlining what a new military service could look like.

United Nations: Bangladesh's foreign minister succeeds Baerbock

The UN General Assembly has elected Khalilur Rahman as its new president. Bangladesh's foreign minister will begin his one-year term in September, succeeding the current incumbent Annalena Baerbock.

Defense: Bundeswehr defines a new relationship between humans and AI in weapon systems

The Bundeswehr's long-awaited concept for the use of AI in weapon systems describes human control in a new way. It also contains important information for the industry.

China to the Philippines: don’t let ‘a few clowns’ sabotage ties with ‘political theatrics’

Beijing has condemned remarks by Philippine defence chief Gilberto Teodoro Jnr, saying the comments seriously damaged bilateral trust and showed a lack of gratitude for Chinese aid. China’s foreign ministry on Tuesday called on Manila to take action to prevent “a few clowns” from sabotaging bilateral ties through repeated political theatrics, as ties between the two neighbours remained strained. On the sidelines of the Shangri-La Dialogue in Singapore, Teodoro said during an interview with...

The US military wants to showcase battle-ready laser weapons by 2028

A directed energy demonstration is expected to occur during the summer of 2028, as part of a series of planned Golden Dome-related events.

Why China’s C909 jet is rapidly being deployed in Xinjiang

China’s domestically made regional jet, the C909, has struggled to compete with market leaders Airbus and Boeing since it launched a decade ago. But there is one place where it is thriving: the far-western Chinese region of Xinjiang. Chinese airlines have rolled out C909s in Xinjiang at a rapid clip over the past few years. The first C909 touched down in the region as recently as June 2023. Now, there are 30 of them being used on more than 120 routes in the remote territory, according to state..

How AI is shaping the future of geospatial intelligence

From AI adoption and explainability to new commercial satellite contracts, Breaking Defense’s latest eBook brings together reporting from GEOINT 2026 on how intelligence leaders are shaping the future of space-based geospatial intelligence.

Trump executive order on AI gives central role to NSA

The EO creates a “voluntary framework” for AI developers to give the government early access to their latest tech.

Milestone: 10k in ETF reached

Hi guys! This message goes out to everyone who hasn't inherited anything and who doesn't have rich parents! GO ON AND STAY TUNED! I started investing in 2021 after completing my studies, but with around 300 euros per month because I still lived like a student and 3.8 net. Then suddenly life got in the way and a lot happened. For some time now I have been earning significantly less and investing around 55 euros in the ETFs. Largest position is MSCI World, but I have several ETFs

Armament: India sells its supermissile to Southeast Asia – to the delight of Russia

India's Brahmos weapons system has proven itself in combat and is becoming a best seller in Asia. In addition to the subcontinent, Putin also benefits from this.

AI makes it easy to expose holes in Army’s unified network, official says

New AI capabilities are “lowering the barrier of entry” to exploit vulnerabilities, according to the Army’s chief data officer.

How defensive cyber responds to hockey-stick growth of AI-driven threats

[Sponsored] Artificial intelligence is reshaping adversarial cyber operations at machine speed, requiring defenders to increase operational tempo while imposing pain and cost.

Mitsubishi Heavy to develop Japan-based defense AI with Preferred Networks