People visit a Lockheed Martin booth displaying a model of a military transport plane during an arms fair, in Hanoi, Vietnam, on Dec. 19, 2024. Khanh Vu | Reuters Global defense stocks jumped early Monday as investors reacted to a dramatic military escalation in the Middle East over the weekend. The sector was a rare…
An imagery of satellite constellation © the Ministry of Defense Axelspace Corporation (“Axelspace”), a leading developer and operator of microsatellites dedicated to realizing its vision of “Space within Your Reach,” announced that, for the purpose of carrying out the Ministry of Defense’s satellite constellation project, it has entered into a contract with Tri-Sat Constellation Co.,…
Defense spending has been the talk of Singapore’s Airshow this week but that’s not an accurate way to measure military strength, Palmer Luckey, founder of defense tech firm Anduril Industries, said on CNBC’s “Squawk Box Asia” Wednesday. That comes after U.S. President Donald Trump in January expressed interest in raising the U.S military budget to…
A flag with the CSG NV logo during the listing of their company at Euronext Amsterdam, Jan. 23, 2026. Bloomberg | Bloomberg | Getty Images Shares of Czech-based defense firm Czechoslovak Group, or CSG, soared over 30% on its stock market debut on Friday, underscoring sustained investor interest in defense companies amid Europe’s growing push…
Head down, hands on heads, lost looks in the stands. The silence that followed the final whistle said it all. Côte d’Ivoire will not defend their crown. The dream of a back to back title ended in the quarter-finals. The defending champions were knocked out of AFCON 2025, falling a 3-2 to Egypt on Saturday…
Venture capital firm Andreessen Horowitz has raised $15 billion to bolster bets across an array of areas including infrastructure, health and what the it calls “American Dynamism,” co-founder Ben Horowitz said in a blog post on Friday. The bulk of the capital, $6.75 billion, will go toward a growth fund and two $1.7 billion funds, with…
Washington — Congress is aiming to withhold part of Defense Secretary Pete Hegseth’s travel budget until the Pentagon hands over footage of the strikes on alleged drug-smuggling boats near Venezuela. The provision was tucked into a compromise version of the National Defense Authorization Act, an annual defense policy bill that has passed every year for more six…
A Rheinmetall MAN Military Vehicle on Nov. 20, 2024, in Donetsk Oblast, Ukraine. Yan Dobronosov | Global Images Ukraine | Getty Images European defense stocks fell on Monday, extending declines as Ukraine and the U.S. made progress on peace proposals over the weekend. The Stoxx Europe Aerospace and Defense index preliminarily closed the session 2.2% lower,…
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Defense Dept. to investigate Sen. Kelly for allegedly telling service members to defy illegal orders 02:46 UP NEXT Trump defends sedition accusation over video by Democrats 01:48 U.S. military conducts bomber attack demonstration near Venezuela 02:16 Trump calls…
Govini, a defense tech software startup taking on the likes of Palantir, has blown past $100 million in annual recurring revenue, the company announced Friday. “We’re growing faster than 100% in a three-year CAGR, and I expect that next year we’ll continue to do the same,” CEO Tara Murphy Dougherty told CNBC’s Morgan Brennan in…
