Defense
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 […]
Read More
It’s a great time to buy defense stocks as DOGE cuts fears are overblown, says Citi
Citi Research thinks the market is failing to correctly price aerospace and defense stocks, leaving open a huge opportunity to buy the dip amid signs of defense spending growth. Defense stocks have taken a hit in recent weeks given uncertainty tied to DOGE’s cost-cutting efforts and President Donald Trump’s mixed messages on his trade and […]
Read More
As Europe ramps up defense spending, Thales CEO presses for the money to stay in the region
Europe should “take its destiny in its own hands” and strive to keep new defense budgets within its own borders, according to the chief executive of French defense giant Thales. The European Union plans to mobilize as much as 800 billion euros ($841 billion) to ramp up defense spending. The announcement came after the U.S. […]
Read More
Asian tech stocks fall as Trump doubles down on tariffs, keeping investors on edge
Employees move semiconductor testers on the assembly line of the Advantest Corp. plant in Ora, Japan on Aug. 10, 2012. Tomohiro Ohsumi | Bloomberg | Getty Images Asian tech and chip-related stocks fell Tuesday after U.S. President Donald Trump made it clear that tariffs on Mexico and Canada would go into effect as planned. Trump said the […]
Read More
South Korean defense stocks track gains in global peers amid rising security concerns
In this handout photo released by the South Korean Defense Ministry, South Korean navy vessels taking part in a naval drill off the east coast on September 4, 2017 in East Sea, South Korea. Getty Images South Korean defense stocks rose Tuesday, in line with a broad-based pickup in defense names globally, as the Russia-Ukraine […]
Read More
EU leaders prepare ‘concrete’ measures on defense financing, sources say
LONDON — The European Union is expected to announce “concrete” measures on boosting defense financing this week, sources told CNBC, as Europe and the United States clash over support for Ukraine. The 27 EU leaders will gather in Brussels on Thursday for a meeting dedicated to defense and support for Ukraine. It follows two particularly […]
Read More
Germany’s election could further boost Europe’s defense sector — and these stocks are set to benefit, analysts say
Germany headed to the polls on Sunday for the country’s federal election, with the result paving the way for a new coalition government. Source
Read More
New FBI Director Kash Patel will also be named acting head of the ATF, official says
Kash Patel, U.S. President Donald Trump’s nominee to be director of the FBI, testifies before a Senate Judiciary Committee confirmation hearing on Capitol Hill in Washington, U.S., Jan. 30, 2025. Evelyn Hockstein | Reuters New FBI Director Kash Patel is expected to be named the acting head of the Bureau of Alcohol, Tobacco, Firearms and […]
Read More
What we know about Dan ‘Razin’ Caine, Trump’s pick to be the top U.S. military officer
President Donald Trump’s choice to be the top U.S. military officer, retired Air Force Lt. Gen. Dan Caine, endeared himself to the commander in chief through his military call sign, “Razin,” during a meeting in Iraq years ago. Officials who have served with Caine described him Saturday as measured and apolitical. Trump said Friday night […]
Read More
‘We felt at home’: Israeli weapons firms out in force at Abu Dhabi defense expo
Attendees at IDEX in Abu Dhabi visit the Israel pavilion during the Middle East’s largest defense expo on Feb. 18, 2025 Natasha Turak | CNBC ABU DHABI, United Arab Emirates – A record 34 Israeli companies exhibited at IDEX this week, the Middle East’s largest defense expo hosted biennially by Abu Dhabi. After fifteen months […]
Read More