International
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Business/Financial
Record Venture Capital In Europe Defense And Security, Report Says
Overall venture capital (VC) invested in European defense, security and resilience reached a record $5.2 billion in 2024, highlighting the importance of the sector amid an overall decline in VC […]
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International
Europe Must Provide ‘Overwhelming Share’ Of Future Aid To Ukraine, Hegseth Says
Defense Secretary Pete Hegseth said Wednesday that European partners must provide “the overwhelming share” of future weapons aid to Ukraine, signaling a new direction for the Pentagon’s approach to the […]
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Army
Northrop Grumman Nabs $1.4 Billion In Software Work, Poland Integration Deals For IBCS
Northrop Grumman [NOC] has said it’s received $1.4 billion in new deals related to Integrated Battle Command System (IBCS) efforts, to include an Army contract for expanded software development and […]
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Navy/USMC
HASC Seapower Leaders Urge Prompt DoD Australian AUKUS Funds Plan
The chairman and ranking member of the House Armed Services seapower and projection forces subcommittee sent a letter to Secretary of Defense Pete Hegseth Tuesday, pushing for quick action on […]
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Pentagon
DoD May Issue Rapid Prototyping/Defense Acquisition Reform Plan This Week
Defense Secretary Pete Hegseth may issue a memorandum on rapid prototyping and acquisition reform this week, as the Pentagon considers scaling up the work of the Defense Innovation Unit (DIU). […]
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Navy/USMC
Courtney Slams Trump Steel/Aluminum Tariffs Right After Australia Sends Sub Industry Money
The ranking member of the House Armed Services Seapower subcommittee criticized President Trump for his announcement of new steel and aluminum tariffs days after Australia sent its first increment of […]
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International
U.S. State Department Approves More Than $7 Billion In Arms Sales to Israel
The U.S. State Department has approved more than $7 billion in arms sales to Israel, the Defense Security Cooperation Agency (DSCA) said on Friday. The sales include $660 million for […]
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International
U.K. To Lead Next Ukraine Defense Contact Group Meeting, Hegseth Will Attend
The United Kingdom will convene the next meeting of the international coalition coordinating security assistance efforts for Ukraine, taking over the U.S.’ lead role for the first time. The Ukraine […]
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International
U.S. OKs Over $900 Billion In Potential Deals With Egypt For Fast Missile Craft Work, Radars
The State Department has approved over $900 million in proposed deals with Egypt covering modernization of its fast missile craft fleet and the sale of AN/TPS-78 Long Range Radars. The […]
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International
Japan In Line For $900 Million Standard Missile-6 Deal
The State Department last Friday okayed a potential $900 million foreign military sale (FMS) to Japan of up to 150 Standard Missile 6 (SM-6) Block I missiles and related equipment […]
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