Defense
Pentagon to brief Musk on top-secret plan for potential war with China, NYT reports
President Donald Trump and Elon Musk (R) speak before departing the White House on his way to his South Florida home in Mar-a-Lago in Florida on March 14, 2025. Roberto Schmidt | Afp | Getty Images Billionaire Elon Musk, U.S. President Donald Trump’s close ally, is due to be briefed on Friday by the Pentagon on the U.S. military’s plan for any war that might […]
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European leaders push for even more defense spending — despite plans for $867 billion ‘ReArm’ package
Ukrainian army soldiers of the 22nd brigade during tank training as Russia-Ukraine war continues in Donetsk Oblast, Ukraine on October 29, 2023. Diego Herrera Carcedo | Anadolu Agency | Getty Images The European Union has plans to step up its defense spending in a big way — but some leaders want it to go even […]
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ThyssenKrupp’s warship division says its market could triple as defense spending surges
Thyssenkrupp marine systems CEO Oliver Burkhard (4h R), German Defence Minister Boris Pistorius (6th R) and Mecklenburg-Western Pomerania’s State Premier Manuela Schwesig (8th R) during their visit of a shipyard of Thyssenkrupp Marine Systems that will build military submarines on Jan. 17, 2025 in Wismar, Germany. Morris Macmatzen | Getty Images News | Getty Images […]
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‘Buy European’: Airbus and others call for sovereign fund and higher Europe tech autonomy
European Commission President Ursula von der Leyen attends a press conference after a European Union leaders’ special summit to discuss Ukraine and European defense, in Brussels, Belgium March 6, 2025. Stephanie Lecocq | Reuters Airbus and over 90 other European companies and lobby groups have called on the European Commission to create a sovereign infrastructure […]
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Trump launches large-scale strikes on Yemen’s Houthis, at least 19 killed
Yemen’s Houthi followers take part in a tribal parade held against the United States-led aerial attacks launched on sites in Yemen, and solidarity with Palestinians, on January 22, 2024, near Sana’a, Yemen. Mohammed Hamoud | Getty Images At least 19 were killed as U.S. President Donald Trump launched large-scale military strikes against Yemen’s Iran-aligned Houthis […]
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U.S. tariffs could thrust Germany into recession, central bank governor says
The German parliament building, the Reichstag, which has been the seat of the Bundestag since 1999. Fhm | Moment | Getty Images U.S. tariffs could push Europe’s largest economy into a recession, German central bank President Joachim Nagel warned Thursday, as Berlin faces a debate over the potential overhaul of its fiscal policies. “Now we […]
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Rheinmetall sales surge 36% in 2024, as company forecasts ‘major’ military order boom
Rheinmetall MAN Military Vehicle drives on the road on Nov. 20, 2024, in Donetsk Oblast, Ukraine. Yan Dobronosov | Global Images Ukraine | Getty Images German arms maker Rheinmetall on Wednesday said it expects 2025 sales to jump by 25-30% this year, amid expectations of “major high-volume orders from military customers” that could gain a […]
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A European Starlink rival’s shares skyrocketed 390% in a week — here’s why
A satellite dish in a ground network of satellites at Eutelsat’s Madeira office. Photographer: /Bloomberg via Getty Images Zed Jameson | Bloomberg via Getty Images Shares of French satellite operator Eutelsat skyrocketed almost 390% last week — and a potential change of tack in European defense has been helping the rally. The firm’s stock price […]
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Memo says mass layoffs at Veterans’ Affairs will begin early as June
A person walks past the Department of Veterans Affairs headquarters a block from the White House on March 06, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images The Department of Veterans Affairs will begin mass layoffs at the politically sensitive agency as early as June, according to a memo reviewed […]
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Palantir delivers first two AI-enabled systems to U.S. Army
A Palantir Technologies TITAN, Tactical Intelligence Targeting Access Node, for military defense field intelligence deployment, is displayed at the companys booth during the Consumer Electronics Show (CES) in Las Vegas, Nevada on Jan. 5, 2023. Patrick T. Fallon | AFP | Getty Images Palantir is rolling out its first two artificial intelligence-enabled systems to the […]
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