SpaceX's business and finances: Rockets, satellite communications and budding AISpaceX is gearing up for a massive stock market debut, potentially the largest ever. The Elon Musk-led company is known for its rocket laun...
01 Apr, 2026, 10.28 PM IST
Global defense stocks advance after Trump calls for higher US military budgetGlobal defense stocks climbed on Thursday after President Donald Trump called for a substantial increase in the U.S. military budget, fuel...
08 Jan, 2026, 08.43 PM IST
Silicon Valley-backed defense firms face growing pains after hot streakFor instance, drone boat manufacturer Saronic Technologies, which is building a shipyard in Louisiana, was valued at $4 billion in February...
09 Dec, 2025, 08.24 AM IST
Meta in talks for Scale AI investment that could top $10 billionThis would be Meta’s biggest ever external AI investment, and a rare move for the company. The social media giant has before now mostly dep...
08 Jun, 2025, 11.50 AM IST
India’s ambitious $6 billion submarine building plan stalls after sea testsIndia's ambitious $6 billion submarine project faces a year-long delay due to contractor complaints about sea trials. The project, crucial ...
13 Dec, 2024, 01.27 PM IST
Israel decides not to participate in Emirati arms fair due to coronavirus restrictionsDozens of Israeli companies, including state-owned Israel Aerospace Industries and Rafael Advanced Defense Systems, had planned on sending ...
15 Feb, 2021, 06.39 PM IST
Raytheon and United Technologies in merger talksA person familiar with the matter told the newspaper that United Technologies is likely to own a majority of the combined company.
10 Jun, 2019, 09.32 AM IST
Israel's largest defense contractor unveils unmanned helicopterThe unmanned helicopter is able to carry a wounded soldier off the front lines, without risking more troops, while monitoring and transmitt...
02 Oct, 2017, 07.56 PM IST
Larsen sees $28 billion golden goose in defense ordersL&T is looking to bid for Rs 1.8 lakh crore orders over the next three years, or almost half of the projects Modi govt has approved since c...
30 Aug, 2017, 10.14 PM IST
Ashok Leyland selects US firm to develop defence systemsAshok Leyland would serve as the prime contractor and provide "high quality", "cost effective" manufacturing hub for global requirements of...
22 Mar, 2016, 03.59 PM IST
China to give more access to private firms in arms sector to produce military equipmentBusinesses can bid for contracts from the military after obtaining four government-issued licenses that cover confidentiality and technolog...
20 Jul, 2015, 06.37 PM IST
- Big cuts seen for F-22, other big weapon programs
The nation should stop pouring billions into futuristic, super-expensive F-22 jet fighters, pull the plug on new presidential helicopters a...
07 Apr, 2009, 06.10 AM IST
- BAE Systems 2008 profit soars 93 per cent
BAE Systems PLC, the British defense and aerospace contractor, reported on Thursday a 93 per cent jump in full-year 2008 profits and said i...
19 Feb, 2009, 03.27 PM IST
- Pentagon seeks $15.2 bn fighter jet sale to Israel
The Defense Department said Tuesday that it wants to sell up to 75 fighter jets to Israel in a $15.2 billion deal for the aircraft expected...
01 Oct, 2008, 03.42 AM IST
- BAE Systems PLC Q1 profit rises
BAE Systems PLC, Europe's largest defense contractor, said on Friday that first half profits rose 14 percent, chiefly because of demand for...
01 Aug, 2008, 05.20 PM IST
- US lawmakers blast Boeing defense contract snub
US lawmakers reacted angrily to the award of a $ 35 billion Defense Department contract to a Northrop Grumman/EADS team, a major coup for E...
01 Mar, 2008, 05.32 PM IST
- BAE Systems full-year profit down 43%
BAE Systems PLC, Britain's largest defense and aerospace contractor, on Thursday reported a 43 percent drop in profit in 2007 compared with...
21 Feb, 2008, 04.21 PM IST