Tag: defense
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Defense giant KNDS moves closer to IPO after France-Germany stake deal
France and Germany agreed on a KNDS framework as Germany seeks a 40% stake ahead of a potential multibillion-euro IPO.
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Are Ukraine drones really exposing gaps in Russia’s defense?
Once seen as almost impenetrable, Russian air defenses are now under growing strain from Ukrainian drones. A recent attack on Moscow has reignited debate over Russian vulnerabilities.
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Russia threatens escalation after Ukraine hits Moscow with largest-ever drone attack
Russia has pledged to carry out frequent and “massive group strikes” against Ukraine shortly after Kyiv launched a barrage of drones on Moscow.
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NATO: US lashes out, alliance head says everything’s fine
US Secretary of Defense Pete Hegseth threatened NATO allies over lack of spending and tepid support for the war in Iran. Members say they are on the right path but need time as NATO boss Mark Rutte, claims all is good.
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Hegseth warns NATO allies that some nations will ‘fail’ U.S. defense review
The U.S. defense secretary also said it was “shameful” that European allies refused to give U.S. forces access to bases to strike Iran.
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Trump-Modi bromance back on display in meeting on sidelines of G7
U.S. President Donald Trump pledged to defend India, but only if Narendra Modi is the leader.
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Defense contractors would be barred from buying back their stock in bill approved by Senate panel
A bill the Senate Armed Services Committee approved would prevent defense contractors from buying back their stock without Pentagon approval.
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BMW stock slumps to 5-year low as Iran war and China slowdown spark profit warning
BMW blamed a slowdown in its Chinese market, as well as disruption from the Iran war, as two reasons for the slashed guidance.
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Ineos and Damler Truck enlist in auto defense push as Europe bolsters military spending
The partnership is one of a spate of auto-defense collaborations announced in recent weeks.
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General Motors announces new defense partnership with Lockheed Martin
General Motors announced a new defense partnership with Lockheed Martin as the country ramps up its production of weapons.
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