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DEFENSE INDUSTRIAL BASE
US Army Secretary Dan Driscoll tenders resignation over rift with Pete HegsethU.S. Army Secretary Dan Driscoll has submitted his resignation amid escalating tensions with Defense Secretary Pete Hegseth, though the Whi...- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 20%We normally don’t dwell on F&Os in this space. However, it is good to know that, in the current circumstances, an upmove in the indices and...
- First drones, now missiles. The spending is certain, who gets the maximum is not: 14 stocks from the defence ecosystemThe defence sector’s positives are well known. But there are some unknowns. For “security reasons” we will never know how or why orders are...
- Chinese memory chipmaker CXMT sues Pentagon over 'Chinese military company' designationThe company was designated a Chinese military company by the US Defense Department under the Biden administration and was retained on the l...
- After six months of Iran war, US goals have shifted. The Strait of Hormuz is now a top concernSix months after its start, the US war with Iran shows no clear end in sight. Original objectives have shifted, and some key goals remain u...
- Canada is bolstering its defense industry as US relations fray. A boom is on for local contractorsCanada is strengthening its economic self-sufficiency by reducing reliance on American military suppliers. New defense funding is driving i...
- Pentagon's NATO review preparing troop options for Hegseth by November 6A Pentagon review of US troop deployments in Europe is accelerating, with options for Defense Secretary Pete Hegseth due by November 6. NAT...
- 50,000 Volkswagen jobs could be at risk — and thousands of angry workers are pushing back against the CEO's planVolkswagen employees express significant concerns over proposed job reductions and factory shutdowns as CEO Oliver Blume unveils restructur...
- In 1958, US Air Force launched an Able 1 spacecraft to the Moon in humanity’s first attempt to send a spaceship anywhere beyond Earth orbit but the mission lasted only 73.6 secondsIn 1958, US Air Force launched an Able 1 spacecraft to the Moon in humanity’s first attempt to send a spaceship anywhere beyond Earth orbit...
- Canada turned discarded aluminum into submarine fuel by reacting it with water; up to 12 Type 212CD boats can use hydrogen fuel cells to remain submerged for 41 daysCanada aims to enhance its submarine fleet with a technology that converts aluminum into hydrogen. GH Power is collaborating with TKMS to e...
- Trump will have to risk pain to make new Iran sanctions truly biteThe United States is unveiling new sanctions against Iran today. These measures aim to cripple Iran's economy by targeting its oil sales. C...
- In 1970s, silver carp were brought to the US for aquaculture. Now the jumping fish threaten a $20 billion Great Lakes industryInvasive silver carp are rapidly approaching the Great Lakes, raising alarm over potential ecological and economic damage. The recent detec...
- Sector-focussed funds look to ride deeptech wave, expand horizonsSector-focussed venture capital funds are widening their investment horizons as more founders build in deeptech areas such as robotics, spa...
- Fire in the belly: Defence industry must move from 'Make in India' to 'Own in India'Amidst ongoing discussions in Indian defense, leaders emphasize the importance of fostering indigenous intellectual property and scalable p...
- Long-term investing: One reason is good enough, and a must, to own a business. 8 stocks with an upside potential of up to 36%In today’s world, investors cannot assume that correlations that worked in the past will work in exactly the same manner now. We are in a p...
- The next war nobody wants: Can Israel and Turkey avoid a conflict?Israel's recent strike on Syria's Abu al-Duhur airbase signals a new dangerous front. The underlying contest involves shaping Syria's futur...
- India, Japan deepen maritime security ties, agree to explore joint naval shipbuildingIndia and Japan agreed to deepen maritime security cooperation and naval coordination. They will strengthen naval coordination and explore ...
- How U.S. military funding propelled China's robot dogsThe rise of Unitree, a Chinese company known for its impressive robot dogs, can be attributed to research breakthroughs funded by the US mi...
- Ukraine attacks Russia's Samara industrial site as Kyiv ramps up long-range strikesUkraine launched a large-scale missile attack on Samara's industrial infrastructure. Kyiv's forces used Flamingo missiles to strike the Pro...
- US partners with Boeing, RTX to boost production of SM-3 missile components amid Iran warThe US Department of War is ramping up missile interceptor production in collaboration with essential partners. Contracts with Boeing and R...
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