Defense

Lockheed Prepares For Takeoff, Pentagon Plans To Restart F-35 Deliveries: Report
NATO Pours $1.1B Into These Four Defence And Space Tech Startups That Make Chips, Unmanned Robots And More
Airbus Unveils 'Wingman' Drone Concept At Berlin Air Show
NATO Pours $1.1B Into These Four Defence And Space Tech Startups That Make Chips, Unmanned Robots And More
Airbus Unveils 'Wingman' Drone Concept At Berlin Air Show
Actelis Networks Stock Skyrockets 700% After Securing New US Military Orders
Pentagon Chief Lloyd Austin Ramps Up Diplomatic Offensive Against China Months Ahead Of Election

Defense Recent News

Snapchat's Early Investor General Catalyst Plans To Raise $6B For Tech Startups In US, Europe And India Despite Funding Drought
This significant investment indicates that institutional investors, endowments, and foundations, also known as limited partners, are still willing to support well-known firms even amid a broader fundraising crunch.
'AI Is Important...For The Way We Deter Wars,' Says Anduril Founder After Winning US Air Force Contract To Develop Autonomous Fighter Jets
This comes amid a potential surge in defense spending by Western nations to counter Russia and China's growing military power.
US, China, Russia Lead Global Arms Race As Military Spending Spikes Most In 14 Years To $2.4 Trillion Boom
In 2023, global military spending saw a significant 7% increase, reaching $2.43 trillion, the highest surge since 2009, according to a report by the Stockholm International Peace Research Institute.
Pentagon's Defense Innovation Unit To Boost Startups With Increased Funding And Support
Given the rapidly evolving technology landscape, the Pentagon believes that fostering relationships with startups is crucial for the U.S. military.
Lockheed Martin Wins $17B Contract To Shield US From North Korea, Iran Missile Threats
This contract is a significant win for Lockheed Martin following the U.S. government's decision to reduce F-35 jet orders and the cancellation of a helicopter project that Lockheed had been involved in.
Biden, Kishida Set New Tone for US-Japan Ties With 70 New Initiatives To Counter China's Ambitions
The U.S. and Japan are also launching a military-industrial council to co-align and co-produce defense weapons, thereby increasing Japan's weapons industrial capacity.
Western Nations May Face $10 Trillion Defense Spending Surge Amid Russia-China Threat: Report
In an effort to counter the growing military power of Russia and China, the U.S. and its allies are contemplating a significant surge in defense spending, which could surpass $10 trillion in the next decade.
Jim Cramer Bullish On Palantir's Performance And Stronghold In IT Defense Industry: 'They've Owned That Franchise'
During the "Lightning Round" on Monday, CNBC reported that Cramer responded positively to a caller's inquiry about Palantir.
'AI Is Changing The Face Of Warfare,' Says Palantir CTO After Stock Gains Over 9% On US Army Contract
The AI-defined vehicle is designed to provide deep sensing for long-range precision fires while accommodating the soldier's workflows.
Team Biden Plans 18% Reduction In Lockheed Martin's F-35 Fighter Jet Orders For 2025 Due To Budget Constraints: Report
President Joe Biden aims to reduce the Pentagon's order for Lockheed Martin's F-35 stealthy fighter to below 70, down from the anticipated 83.
Lockheed Martin To Slash 1% Of Global Workforce Amid Cost-Cutting Measures
Defense contractor Lockheed Martin has revealed plans to eliminate 1% of its global workforce as part of a cost-reduction strategy.
End Of The Peace Dividend? Stocks That Could Benefit From Higher Defense Spending In 2024
Companies such as Boeing and Lockheed stand to be among the winners of raised spending.
Pentagon Faces Backlash For Keeping Defense Secretary Lloyd Austin's Prostate Cancer Diagnosis Secret From President Biden
Defense Secretary Lloyd Austin recently disclosed his prostate cancer diagnosis, which led to his hospitalization on the first day of the year. The delayed announcement has since sparked a public outcry regarding the Pentagon's transparency.
Amid Kim Jong Un's Escalating Threats, South Korea Plans To Procure 20 More Stealth Fighter Jets Made By Lockheed Martin
The F-35A stealth fighter jet is a vital resource for the South Korean military, providing high-performance radar and stealth features for strategic long-range strikes.
Lockheed Martin Doubles Down On Army Contracts As Nvidia, Microsoft & Intel Aid Defense Digitization By The Company
Lockheed Martin bags $500M in contracts from U.S. govt in a month; 71% of its revenue comes from U.S. defense spending, which is expected to increase until 2033.
Lockheed Martin CEO Advocates For US Investment In Digital Defense: 'We Really Do Have To Bring...All Of American Industry Together To Work On This'
CEO Jim Taiclet's vision includes integrating 21st-century digital advancements into the military and national defense systems.
Boeing Under Siege, Reportedly Addresses Data Leak Threat From Russian Cyber Gang
Boeing Co. (NYSE: BA) has found itself at the epicenter of a potential cybersecurity calamity, as the company divulged that it is conducting a thorough
Ahead Of Biden's Europe Visit, National Security Advisor Underscores Commitment To Ukraine, Assures US 'Not Seeking To Start World War III'
GE To Manufacture Fighter Jet Engines For Indian Air Force: Reuters
Why This L3Harris Technologies Analyst Is Turning Bullish
Shares of L3Harris Technologies Inc (NYSE: LHX) have been on a downward trajectory over the past six months. The company is poised to benefit from geopolitics driving the Defense sector in 2023, according to Morgan Stanley.
Is Now the Time To Buy These Aerospace And Defense Stocks?
Morgan Stanley analyst Kristine Liwag released a research note on the aerospace and defense industry, highlighting three companies to own going into earnings season:
Microsoft Tightening Tentacles Around Pentagon With $22B AR Headset Deal, Says Analyst
Microsoft Corporation’s (NASDAQ: MSFT) $21.9 billion deal with the U.S. Army to build customized augmented reality headsets shows the company is tightening its hold over defense deals and gaining share over its rivals, as per Wedbush analyst Daniel Ives.
Here's What You Need To Know About Cyberattack Against US
More news on the massive cyberattack that hit the U.S. this year is likely to come out in the week ahead. Today, senators have come out to say Russia was behind the attack. Here's a recap of what has transpired so far.