military

Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) shares hit new 52-week highs on Wednesday on what appeared to be continued strength from an U.S. Air Force award announced Tuesday. The stock also got a boost from strength across broader markets following the Federal Reserve’s...

Intel Corporation (NASDAQ:INTC) shares are surging following reports that the company qualified for up to $3 billion in federal funding to produce semiconductors for U.S. military applications. The potential grant, part of the CHIPS and Science Act's Secure Enclave program, aims to secure a...

Advanced AI chips from Nvidia Corporation (NASDAQ:NVDA) are reportedly making their way into China, despite a U.S. blockade, potentially aiding the Chinese military’s technological progress. What Happened: A group of smugglers is allegedly bypassing the U.S. national security blockade to...

Satellite images have surfaced suggesting that the Chinese military is practicing strikes on replicas of U.S. fighter jets. The images, taken in May, show a model aircraft carrier and over 20 replicas of U.S. stealth fighters in the Taklamakan Desert. What Happened: The images, taken by Google...

The United States is facing a significant threat to its water systems, with China, Russia, and Iran identified as the primary culprits. What Happened: The U.S. water supply is under attack from foreign adversaries. The recent cyberattack on Wichita, Kansas’ water system is just one of many...

The Bolivian military attempted a coup against the government, which was thwarted by President Luis Arce. The President has accused the military of attempting a coup and has called for international assistance. What Happened: The Bolivian armed forces, led by General Juan Jose Zuniga, who had...

Japan’s efforts to strengthen its military, amid rising threats of regional unrest from North Korea and China, are reportedly being hampered by a significant drop in female recruits and an increase in sexual harassment cases within the Self-Defence Forces (SDF). What Happened: Female...

The Israeli military has ordered Palestinians in parts of Rafah to evacuate immediately in anticipation of a planned military operation. What Happened: The Israeli Defense Force has initiated the evacuation of Palestinians from parts of Rafah, a city in southern Gaza, as reported by CNBC on Monday...

Russian military personnel have reportedly entered an airbase in Niger, which also houses U.S. troops. This move comes after the junta in Niger ordered the expulsion of U.S. forces. What Happened: A senior U.S. defense official revealed to Reuters that Russian military personnel have entered...

Huntington Ingalls Industries Inc (NYSE:HII) shares are trading lower after it reported first-quarter FY24 results. Sales and service revenue increased 4.9% Y/Y to $2.81 billion, beating the consensus of $2.79 billion. Revenues by segments: Ingalls Shipbuilding $655 million...

In a recent statement, Kim Yo Jong, sister of North Korean leader Kim Jong Un, announced that North Korea is committed to strengthening its military power to safeguard its sovereignty and ensure regional peace. What Happened: Kim Yo Jong condemned the U.S. military’s series of exercises in...

In 2023, global military spending saw a significant 7% increase, reaching $2.43 trillion, the highest surge since 2009, according to a report by the Stockholm International Peace Research Institute (SIPRI). What Happened: The United States, China, and Russia were the top three spenders, SIPRI...

Antony Blinken, the U.S. Secretary of State, is set to caution China about its assistance to Russia’s military during his upcoming visit to China. What Happened: Blinken is expected to express the U.S.’s “deep concerns” over China’s backing of Russia’s defense...

Ukraine’s defense against Russian drone and cruise missile attacks, the United States has announced a sale of air defense upgrades worth $138 million to Ukraine. What Happened: A U.S. State Department official revealed on Wednesday that the U.S. will sell Ukraine equipment to maintain and...

China has announced a significant increase in its military spending for 2024. This decision comes amid an ongoing anti-corruption probe within the People’s Liberation Army (PLA) and escalating tensions with Taiwan. What Happened: China’s Ministry of Finance revealed a 7.2% rise in the...