Keywords: Defense


European defense stocks fall as Ukraine peace hopes lift builders

European defense stocks dropped sharply on Friday after Ukraine’s chief negotiator signaled progress toward a potential peace deal with Russia, prompting investors to shift toward construction and materials companies expected to benefit from postwar rebuilding. Kyrylo Budanov said in an interview......

Ukraine confirms downing Iranian drones in Middle East operations

Ukrainian President Volodymyr Zelensky confirmed that Ukrainian forces have actively intercepted Iranian-designed Shahed drones in several Middle Eastern countries, marking a significant expansion of Kyiv’s operational role beyond its own territory. Speaking to journalists during a briefing reported......

Arxis aims for multi-billion valuation in US initial public offering

Aerospace components manufacturer Arxis is preparing for a major debut on Wall Street, targeting a valuation of more than $11 billion in its planned initial public offering (IPO) in the United States. The company’s listing comes at a time when defense and aerospace-related firms are attracting......

Elbit Systems to begin drone deliveries to Romania after delays

Israel’s Elbit Systems is preparing to start deliveries of Watchkeeper X drones to Romania under a 1.89 billion lei ($428.75 million) contract, following delays that raised concerns from Romanian officials. The agreement, signed in 2022 for seven unmanned aerial systems, was originally scheduled......

Gulf states near depletion of air defense interceptors as Iran's missile campaign grinds on

Five weeks into Iran's sustained drone and missile campaign against Gulf states, the arithmetic of air defense is turning against the defenders. Gulf countries have exhausted the vast majority of their pre-war interceptor stocks repelling thousands of incoming projectiles, and resupply is falling......

Six injured in Kuwait following Iranian missile and drone strikes

Six people were injured in Kuwait on Monday after a series of missile and drone attacks attributed to Iran, local authorities reported. The incidents are part of ongoing regional tensions involving Tehran and its neighboring Gulf states. According to the Ministry of Health, emergency responders attended......

Germany moves to clarify rules for fighting-age men traveling abroad

German authorities are working to clarify new provisions in a recently updated military service law that require men of fighting age to obtain permission before staying abroad for extended periods. The regulation applies to men between the ages of 17 and 45 and concerns trips lasting longer than three......

Britain seeks to attract Anthropic expansion amid US tensions

The United Kingdom is stepping up efforts to attract greater investment from Anthropic, as tensions between the artificial intelligence firm and U.S. authorities create new opportunities for global competition in the tech sector. According to reports, British officials are exploring a range of incentives......

Morocco emerging as a future African hub for military drone training

Morocco is positioning itself as a future regional hub for military drone training in Africa, following the announcement of a new training center supported by the United States. The initiative reflects a broader transformation in security cooperation across the continent. The project was highlighted......