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Lockheed Martin gets $35 billion Thaad deal as Trump looks to stockpile weaponsPresident Trump is convening with top defense executives to accelerate weapons production, addressing depleted U.S. stockpiles after extens...- White House set to host weapons makers as US defence stockpile worry growsThe White House is convening defense contractors this week to ramp up munitions production, as stockpiles are strained by the ongoing confl...
- Tech jobs go cold; Chip startups shift gearIndia’s tech hiring has fallen to its lowest level in more than two years. This and more in today's ETtech Top 5.
- US defence budget seeks 85 Lockheed F-35s in boost to Pentagon's programThe Pentagon's fiscal 2027 budget proposes a significant increase in fighter jet procurement, seeking 85 Lockheed Martin F-35s, up from 47 ...
- Raytheon stock rises 4% - what's fueling the move?Global markets became shaky in early March 2026 after tensions in the Middle East increased. Oil prices rose quickly, and investors rushed ...
- RTX unit Raytheon lands $1.7 billion deal to supply Patriot systems to SpainRaytheon Technologies secured a $1.7 billion contract to supply four Patriot air and missile defense systems to Spain. This mobile system, ...
- India set to reload as US clears ammo, missiles deliveryUS has approved the sale of Excalibur precision-guided munitions and Javelin anti-tank missiles to India, totaling over $92 million. This e...
- Defense tech manufacturing startup Divergent valued at $2.3 billionThe company raised $290 million in the round, $40 million of which is debt, in a deal lead by Rochefort Asset Management. The cash infusion...
- US agrees to sell Saudi Arabia $142 billion arms packageThe United States and Saudi Arabia have agreed to a massive $142 billion arms deal, marking the largest defense cooperation agreement in U....
- Thousands of machinists union members go on strike at jet engine maker Pratt & WhitneyAround 3,000 union workers went on strike at Pratt and Whitney in Connecticut. The strike began due to failed contract talks. Wages, retire...
- US gives initial approval for $3.5 bn missile sale to Saudi Arabia before Trump's planned visitThe U.S. has initially approved a $3.5 billion sale of air-to-air missiles to Saudi Arabia, potentially one of several deals to be highligh...
- Trump poised to offer Saudi Arabia over $100 billion arms package, sources sayPresident Trump is expected to announce a massive arms package worth over $100 billion to Saudi Arabia during his visit in May. The deal in...
- American defence firms pose bigger risk than Beijing: Top US officialOutgoing US envoy to Japan Rahm Emanuel said the firms are more focused on increasing their stock value than on investing in production cap...
- Nvidia slides after unveiling leaves investors wanting moreThe stock fell 6.2% to $140.14 in New York, marking the biggest single-day decline in four months. Though the Nvidia’s latest announcements...
- US approves potential $2 billion arms sale to Taiwan week after Chinese war gamesThe U.S. State Department has approved a $2 billion sale of missiles and radar systems to Taiwan, including battle-tested NASAMS from Ukrai...
- Airlines struggle with lack of planes as summer travel set to hit record levelsPassenger carriers will receive 19% fewer aircraft this year than they expected because of production issues at Boeing and Airbus, said Mar...
- Stratolaunch conducts 'captive carry' test flight of hypersonic vehiclePrivate U.S. company Stratolaunch conducted its second captive carry test flight of the reusable Talon-A, a hypersonic vehicle for hyperson...
- Australia to buy US Tomahawk missiles to boost long range strike capabilityThe US State Department in March approved the sale of the Tomahawks, which have a range of 1,500 kms (932 miles) but did not indicate at th...
- FAA orders quick inspections of some Pratt & Whitney turbofan engines on Airbus jetsThe FAA rule replaces a directive from October, which told aircraft operators to have the engines checked at their next shop visit, and fol...
- Nvidia enhances mid-range video gaming chip with AI technologyThe new RTX 4070 chip, which Nvidia will start shipping on Thursday, will cost $599, putting it near the middle of the company's range of g...
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