Defense
India is set to host Russia’s Putin, deepening trade ties, unfazed by punitive U.S. tariffs
Russia’s President Vladimir Putin awards India’s Prime Minister Narendra Modi with the Order of St. Andrew the Apostle the First-Called at the Kremlin in Moscow, Russia July 9, 2024. Evgenia Novozhenina | Reuters As India reels under punitive U.S. tariffs over its purchases of Russian oil, New Delhi is all set to host President Vladmir […]
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Leonardo unveils ‘Michelangelo Dome’ as Europe looks to bolster sovereign defense systems
Italian defense company Leonardo has announced plans for an AI-powered shield for cities and critical infrastructure (Leonardo S.p.A. and subsidiaries) © Leonardo S.p.A. and subsidiaries Italian defense company Leonardo on Thursday unveiled plans for an AI-powered shield for cities and critical infrastructure, adding to Europe’s push to ramp up sovereign defense capabilities amid rising geopolitical […]
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Airbus CEO says Europe’s ‘digital battlefield’ will take a decade to build
Key Points Europe’s ambitions to create a “combat cloud,” where defense-related data is exchanged between nations securely, could take over a decade. That’s according to Airbus CEO Guillaume Faury, who sat down with CNBC’s Charlotte Reed in a fireside chat at the Adopt AI conference in Paris. The combat cloud part of a range of space-based […]
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Down but not out: India’s $33 billion defense production ambition is on track. Here are the stocks that stand to gain
Despite the recent crash of an India-made Tejas fighter jet at an airshow in Dubai, investors are bullish on New Delhi’s defense ambitions as the country seeks to double its military production to 3 trillion rupees (about $33 billion) by 2029 . It also aims to raise its defense exports to 500 billion rupees by […]
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Pentagon probing misconduct allegations against Sen. Mark Kelly over video on ‘unlawful orders’
Sen. Mark Kelly, D-Ariz., talks with reporters in Dirksen building on Tuesday, October 28, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images The Pentagon on Monday said that it was reviewing what it called “serious allegations of misconduct against” Sen. Mark Kelly of Arizona for making a video with five other Democratic lawmakers […]
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Ukraine desperate to keep Trump on its side in peace talks, while saving its sovereignty
Turkish President Recep Tayyip Erdogan (not seen) and the President of Ukraine Volodymyr Zelenskyy speak during a joint press conference after their official meeting at the Presidential Complex in Ankara, Turkiye on November 19, 2025. Anadolu | Anadolu | Getty Images Ukrainian officials have spent the weekend scrambling to make up lost ground when it […]
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European defense stocks slide as U.S., Ukraine make progress on peace plan
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 was 0.7% lower during morning deals, […]
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Govini founder Eric Gillespie released on $1 million bond with Pentagon probe ‘ongoing’
Mug shot of Eric Gillespie, Govini Founder and Chairman. Courtesy: Pennsylvania Attorney General Govini founder Eric Gillespie, who is charged with four felonies, including multiple counts of unlawful contact with a minor, was released on bail. Gillespie, who lives in Pittsburgh, posted a $1 million bond after his court appearance Thursday. He is not allowed to […]
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Oil prices and energy stocks fall sharply on Trump’s new Ukraine peace plan
This aerial picture shows the oil tanker Boracay anchored off the Atlantic Coast off Saint-Nazaire, western France on October 1st, 2025. French authorities said Wednesday they were investigating the oil tanker Boracay anchored off the Atlantic Coast and suspected of being part of Russia’s clandestine “shadow fleet”. Damien Meyer | Afp | Getty Images Oil […]
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What a Ukraine peace plan could mean for Europe’s defense boom
The bull run on European defense stocks isn’t over, market watchers say — whether or not officials find a way to finally put a stop to the war in Ukraine. On Tuesday, Axios reported that a secret peace deal was being drawn up by Washington and Moscow, with some outlets reporting a breakthrough could be […]
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