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Palantir, Anduril join forces with tech groups to bid for Pentagon contracts, FT reports

Palantir and Anduril are forming a consortium with tech giants for U.S. government contracts, emphasizing AI and advanced defense technologies amidst military efficiency initiatives.

investing.com • 1 days ago

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Exclusive-Biden to report to US Congress on UAE assurance it is not supplying weapons to Sudan RSF

Biden's administration will assess UAE's weapons assurances to Sudan's RSF by Jan. 17, amid calls to halt arms sales to the UAE related to the ongoing conflict.

investing.com • 19/12/2024 - 18:03 PM

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RTX aims to boost India headcount by 14% in 3 years, execs say

RTX Corp aims to hire 1,000 employees in India by 2027, focusing on engineers and data scientists to enhance its global operations.

investing.com • 19/12/2024 - 06:12 AM

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Vietnam seeks to boost domestic defence industry as it hosts arms fair

Vietnam showcases its local weapons industry at an international arms fair, aiming to enhance defense capabilities and promote exports amidst diverse global participants, including rivals.

investing.com • 18/12/2024 - 02:58 AM

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Lockheed forms subsidiary to help defense companies adopt AI

Lockheed Martin has established a subsidiary, Astris AI, to integrate AI into defense operations and collaborate with tech firms on advanced solutions for national security.

investing.com • 16/12/2024 - 16:50 PM

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To rival SpaceX’s Starship, ULA eyes Vulcan rocket upgrade

ULA is upgrading its Vulcan rocket to compete with SpaceX's Starship in the lucrative low Earth orbit satellite launch market, with a focus on enhanced configurations and capabilities.

investing.com • 14/12/2024 - 11:03 AM

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Lockheed Martin counters false F-35 contract cancellation rumor

Lockheed Martin refuted rumors of a canceled F-35 contract following a social media claim, resulting in a 2% drop in shares; lawmakers authorized 68 jet productions.

investing.com • 12/12/2024 - 15:29 PM

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Senator Warren wants US military to fix its own equipment

Senator Elizabeth Warren's proposed bill mandates defense contractors to allow the military to repair equipment, aiming to reduce costs and improve operational efficiency.

investing.com • 12/12/2024 - 13:04 PM

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Can a US missile defense system shield Guam from Chinese threat?

The article discusses the U.S. missile defense plan in Guam to deter China, highlighting system tests, military significance, local concerns, and the aim to prevent conflict.

investing.com • 11/12/2024 - 02:40 AM

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Trump's Musk-led efficiency drive may spur defense-tech partnerships

Trump's efficiency drive may boost smaller defense tech firms like Musk's by loosening existing contracts of major contractors, facilitating innovation in defense projects like AI drones and submarines.

investing.com • 09/12/2024 - 11:03 AM

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