EU leaders see NATO defense spending goal rising from 2%
A Financial Times report on Friday said Trump’s staff told European officials the US president-elect wants to increase NATO’s spending ...
Tag: arms
UK, Australia to recommit to defense pact at meeting in London
Under the Aukus deal signed in 2021, the three countries have committed to delivering a fleet of nuclear-powered submarines for ...
SpaceX and Palantir now have bigger valuations than top aerospace-defense stocks as the military eyes transformation
SpaceX's valuation could climb to $350 billion from $210 billion, and Palantir has a market cap of $174 billion. Read ...
Navy is transforming stealthy Zumwalt with hypersonic weapons
The U.S. Navy is transforming a costly flub into a potent weapon with the first shipborne hypersonic weapon, which is ...
Elon Musk takes aim at the F-35, the costliest weapons program
Tesla CEO Elon Musk, who is also co-head of the new Department of Government Efficiency that is advising President-elect Donald ...
South Korea-made weapons in high demand after Ukraine invasion
At the outskirts of a South Korean industrial city, workers at a sprawling weapons factory were conducting final-stage testing for ...
Anduril’s chair consulted with Trump on revamping US military
President-elect Donald Trump and his team consulted with Trae Stephens, executive chairman of defense technology startup Anduril Industries Inc., underscoring ...
Boeing marked up C-17 soap dispensers by 8,000%, audit says
Boeing overcharged the Air Force nearly $1 million for spare parts on C-17 cargo planes, including an 8,000% markup for simple ...
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