The Islamic Revolutionary Guard Corps (IRGC) has threatened to strike 18 US technology and defense-related companies operating in the Middle East, including GE, which has contributed to a bearish sentiment among investors.
Companies such as John Deere, Garmin, and Philips have collectively spent millions on lobbying efforts related to the National Defense Authorization Act, particularly concerning repair issues.
AirHub's platform addresses the operational complexity of drone fleet management, offering features like flight planning, live streaming, compliance with airspace regulations, and incident reporting, all from a single dashboard.
Leonardo owns Britain's last military helicopter manufacturing site, employing 3,000 workers, and was the only bidder for the contract. It is understood that the chancellor and prime minister chose to intervene to ensure the project would go ahead, in part to protect UK jobs.
Effective immediately, no contractor, supplier, or partner that does business with the United States military may conduct any commercial activity with Anthropic. The designation comes after weeks of tense negotiations between the Pentagon and Anthropic over how the US military could use the startup's AI models.
This kind of support of industry is not uncommon. Our competitors get two or three times what we get. It is a competitive world and you need to think about that. Narrowbody is the single biggest opportunity in a generation. It is natural for the UK government to support it.
"We were completely controlling the drone from the helicopter. For us, it's of course unique. Today, what we performed is a world first," Gerin-Roze told reporters on Thursday at the Singapore Airshow. The software is part of Airbus' contribution to the surging industry for drone wingmen, which the world's biggest aircraft manufacturers are betting will be the future of air warfare.
Microsoft (NASDAQ:MSFT)'s $170 million Air Force cloud contract signals the massive defense modernization wave reshaping Pentagon technology buying. While Microsoft grabs headlines, the real winners are companies building hardware that protects American interests: fighter jets, missile systems, submarines, and bombers. These aren't software plays - they're steel, titanium, and composite fiber companies with decade-long backlogs and bipartisan budget support. We ranked the top five defense and aerospace stocks based on profitability margins, operational efficiency, balance sheet strength, and positioning in the defense modernization cycle.
Boeing entered 2021 still reeling from the 737 MAX grounding, then faced COVID-19 decimating air travel demand, supply chain failures, a door plug blowout in early 2024, and a machinists' strike that produced just 57 commercial deliveries in Q4 2024. The company burned through cash, piled on debt, and suspended its dividend.
The Royal Navy said on Friday that they have launched a new full size crewless helicopter which is designed to track submarines and will undertake missions in the North Atlantic. Since Vladimir Putin launched a full-scale war in Ukraine the defence industry has been remodelled as most European government's have increased military spending. The helicopter named "Proteus" has completed a test flight and was part of a £60 million programme,
There's just so much to do. So, the advances that we've gotten over the last five to ten years have been spectacular. We love the tools. We use them every day. But the question is, is this the whole universe of things that needs to happen? And we thought about it very carefully and our answer was no, there's a lot more to do.
Ukraine's defense intelligence agency, GUR, has identified over a dozen American and Chinese electronics parts that it says were found in a new Russian jet-powered attack drone. GUR published its new analysis of the drone, dubbed the Geran-5, on Monday, as part of its ongoing directory of key foreign components used in Russia's weapons or defense industry. The intelligence directorate published images of what it said was the drone's wreckage last week,
Basically, all our activities in Spain are growing. We have no intention of building new plants, at least in the short term. We already have a presence and are expanding our facilities, but not the number of plants. The next big step will happen in the next decade, when we have to replace the A320.
Ukrspecsystems' new factory is a vote of confidence in UK support and underlines the deepening cooperation between our nations' defence industries. This investment will create up to 500 new jobs in the East of England, drive defence as an engine for growth, and help Ukraine defend itself against Putin's aggression.
This will be Rocket Lab's fourth hypersonic test mission for the military in under six months, deploying the DART AE hypersonic demonstrator drone from Australia's Hypersonix Launch Systems. The quick cadence of these flights shows how Rocket Lab is helping accelerate the U.S. military's hypersonic capabilities, while quickly establishing its role as the defense industry's go-to launch partner for next-generation technology.
Passengers will be able to book an air taxi ride through the Uber app in Dubai before the end of 2026, the company said on Wednesday. The option will use flying electric vehicles created by startup Joby Aviation. Joby's aircraft can fit up to four passengers and are flown by commercial pilots, the companies said. Joby will operate four landing locations, or "vertiports," in Dubai, connecting Dubai International Airport with a mall, a hotel on Palm Jumeirah, and the American University of Dubai.
Rocket Lab's operational track record remains flawless. The company launched its 80th and 81st Electron missions in January, demonstrating reliability that wins contracts. That momentum translated into an $816 million contract from the U.S. Space Development Agency for 18 satellites, expected to add $200 million in annual revenue over four years. The company's $1 billion backlog grew 56% year over year in launch services alone.
