Defense
Drone maker AeroVironment shares pop 24% on earnings beat
An unmanned aerial vehicle (UAV) at the AeroVironment Inc. booth during the Special Operations Forces Industry Conference (SOFIC) in Tampa, Florida, US, on Tuesday, May 17, 2022. Luke Sharrett | Bloomberg | Getty Images AeroVironment stock rocketed more than 24% higher Wednesday as the drone maker beat fourth quarter expectations on the top and bottom […]
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NATO allies agree to higher 5% defense spending target
Mark Rutte, secretary general of the North Atlantic Treaty Organization (NATO), left, and U.S. President Donald Trump, during the NATO summit in The Hague, Netherlands, on Wednesday, June 25, 2025. Bloomberg | Bloomberg | Getty Images NATO allies on Wednesday agreed to more than double their defense spending target from 2% of gross domestic product […]
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Greece is one of NATO’s top defense spenders. Here’s why
Military vehicles are seen during a military parade commemorating the Greek Independence Day in Athens, Greece, on March 25, 2025. Marios Lolos | Xinhua News Agency | Getty Images Sun-soaked Greece may not immediately come to mind as a top defense spender — but only four NATO allies spent a bigger slice of their GDP […]
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Was it all ‘just a big show?’ Anxiety, frustration and hope for Middle East residents as Trump brokers fragile ceasefire
A view of missiles over Doha, Qatar after Iran has launched an operation targeting a U.S. base in Qatar on June 23, 2025. Stringer | Anadolu | Getty Images DUBAI, United Arab Emirates — Escalating regional war, or a bunch of choreographed theatre? A shaky ceasefire announced by President Donald Trump Monday night looks to […]
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Trump and the U.S. are totally committed to NATO, alliance chief says to reassure allies
U.S. President Donald Trump walks to board Marine One before departing from the South Lawn of the White House in Washington, DC on June 24, 2025, to attend the NATO’s Heads of State and Government summit in The Hague. Mandel Ngan | Afp | Getty Images The U.S. and President Donald Trump are totally committed […]
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Deutsche Bank’s CEO is doubling down on defense investment
Deutsche Bank is doubling down on defense investment as a broader European drive to rearm unlocks fresh capital in the region. Speaking to CNBC’s Annette Weisbach at the Tag der Industrie conference in Berlin on Monday, Deutsche Bank CEO Christian Sewing said that the German lender has increased its exposure to the defense industry to […]
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Trump slams Russia’s Medvedev for claiming countries will give Iran nuclear warheads
Russia’s Security Council’s Deputy Chairman Dmitry Medvedev attends a meeting of the Council for Science and Education at the Joint Institute for Nuclear Research in the Moscow region’s city of Dubna, Russia June 13, 2024. Alexei Maishev | Via Reuters President Donald Trump on Monday lashed out at former Russian President Dmitry Medvedev for claiming […]
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UN Security Council meets on Iran as Russia, China push for a ceasefire
The United Nations flag waves at the United Nations headquarters in New York City. Miguel J. Rodríguez Carrillo | Corbis News | Getty Images The U.N. Security Council met on Sunday to discuss U.S. strikes on Iran’s nuclear sites as Russia, China and Pakistan proposed the 15-member body adopt a resolution calling for an immediate […]
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U.S. isn’t at war with Iran, ‘we’re at war with Iran’s nuclear program,’ Vance says
US Vice President JD Vance speaks during a discussion at the Munich Leaders meeting hosted by the Munich Security Conference at the Willard Hotel in Washington, DC, May 7, 2025. Mandel Ngan | Afp | Getty Images Vice President JD Vance said Sunday that the United States is not at war with Iran, but with […]
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Hegseth claims Iran’s nuclear ambitions ‘obliterated’ after U.S. strikes
Secretary of Defense Pete Hegseth said Sunday that “Iran’s nuclear ambitions have been obliterated,” hours after the United States attacked three major nuclear nuclear enrichment facilities. Hegseth praised President Donald Trump’s order as “focused, it was powerful, and it was clear,” during an early morning press conference. Hegseth said that the late-night mission was “not […]
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