India's top defence companies have been quietly talking with Russia about working together. This is a big deal because India usually buys weapons from many countries, not just Russia. The talks happened during a visit to Moscow in October. The Indian government wants to make more weapons in India in
The United States is taking a hard look at how it buys military equipment. The goal is to make the process faster and more flexible. This is crucial because the current system is slow and rigid. It doesn't allow the military to get the latest technology quickly enough. To fix this, the government is
The EU is pushing for a massive defense loan program worth 150 billion euros. This money is meant to help European countries buy military equipment made in Europe. The goal is to reduce dependence on U. S. suppliers. The EU wants to boost its own defense industry. This plan is part of a broader e
In 2018, President Trump shocked the world by imposing tariffs on steel and aluminum from many countries. This decision was made under Section 232 of the Trade Expansion Act, which allows the President to protect national security by controlling imports. Given that the defense industry is one of the
Palantir, known for its AI capabilities, saw its stock dip after a brief rally. The company, heavily involved in the defense industry, snagged a $401 million contract extension from the Army for its AI-powered Army Vantage platform. Analysts believe this contract could be worth up to $619 million.
Denver-based Voyager Space has a new leader for its national security business: Matt Magaña, who brings a wealth of experience from the defense industry. Previously at Raytheon Intelligence & Space, Magaña joins Voyager as the executive vice president of national security. Voyager is known for its f
Running a space startup that caters to both the Department of Defense (DOD) and commercial companies can be tricky. Even Rogers, CEO of True Anomaly, warns that young startups might lose focus trying to sell to both. True Anomaly, for instance, sees itself as a defense company, not just a space one.
Airbus, a major player in the aerospace industry, has recently announced plans to cut up to 2,500 jobs in its Defense and Space division. This decision comes in response to a tough business environment, particularly in the satellite sector where they've faced significant losses. The European company
In the cold winter of 1940, while Europe was engulfed in war, former U.S. President Franklin D. Roosevelt addressed his nation. He urged Americans to support a massive industrial effort to counter Hitler's power. This call sparked a national movement that produced nearly 100,000 bomber aircraft and
