Pentagon

Microsoft Corporation’s (NASDAQ: MSFT) $21.9 billion deal with the U.S. Army to build customized augmented reality headsets shows the company is tightening its hold over defense deals and gaining share over its rivals, as per Wedbush analyst Daniel Ives. What Happened: Ives said in a note on...

The Past Week, In A Nutshell What Happened: Last week ended negative on relative weakness from the technology sector. Remember This: “August benefited from multiple tailwinds, resulting in one of the best Augusts on record. Those tailwinds look stretched and at risk, however,” said Brad...

The United States military on Thursday conducted five airstrikes targeting Kata'ib Hezbollah facilities in Iraq. What Happened The facilities targeted were used for storing weapons, and the strikes would "significantly degrade [Hezbollah's] ability to conduct future attacks"...

A federal judge on Thursday approved Amazon.com Inc.'s (NASDAQ: AMZN) appeal and issued a temporary injunction against Microsoft Corporation's work on a $10 billion Pentagon cloud computing contract, CNBC reported. What Happened Amazon had requested the court...

Oil prices held on to their record gains on Monday even as the U.S. air strikes in Iraq and Syria on Sunday increased political tensions in the Middle East. What Happened The U.S. forces carried five "defensive strikes " at bases controlled by Iran-backed Shia militia Kata'ib...

Amazon.com, Inc. (NASDAQ: AMZN) is planning to protest a $10 billion cloud computing contract, known as JEDI, which the Department of Defense awarded to Microsoft Corp (NASDAQ: MSFT) in October. The two cloud computing giants had been battling for over two years about who would run the ...

Microsoft Corporation (NASDAQ: MSFT) shares are trading higher following confirmation the company has won $10 billion cloud computing contract from the Pentagon. The Joint Enterprise Defense Infrastructure Cloud (JEDI) contract will modernization the Pentagon and is meant to make its technology...

Who will be the military’s Jedi master? That’s not a metaphor: The U.S. Court of Federal Claims heard a case Wednesday that will play a part in determining which of the country’s largest cloud computing companies will get to build the future of military data handling; the Pentagon...

The U.S. military, formerly an unabashed advocate of Fitbit Inc (NYSE: FIT) devices, is reviewing its policy on the use of fitness trackers at operational sites after a workout app inadvertently exposed the whereabouts of secret army bases. Since November, Strava, “the social network for...

Already a finalist to build the next generation of ground-based nukes, Northrop Grumman Corporation (NYSE: NOC) is the best bet to do well in a booming defense industry poised to revamp U.S. air power for years to come, a Goldman Sachs analyst predicts. The Pentagon is asking for more than $20...

With tensions rising around the world, the U.S. government has awarded Northrop Grumman Corporation (NYSE: NOC) and Boeing Co (NYSE: BA) nearly $700 million to begin working on the next generation of intercontinental ballistic missiles, upgrading the Cold War-era rockets. The deals, reported in...

A group of researchers are warning the world about weaponizing artificial intelligence and robotics, but that machine-learning genie may already be out of the bottle. There are clear signs that the United States is already engaged in an AI arms race with China and Russia to develop weapons systems...

Historian Allan J. Lichtman took serious heat from the Left for predicting Donald Trump would win the presidency. Now, he’s hearing it from the Right because he’s predicting Trump is hurtling toward impeachment. He counts the many ways in his latest book, “The Case For Impeachment...

Elon Musk, the billionaire CEO of Tesla Motors Inc (NASDAQ: TSLA) and founder of SpaceX just met with the U.S. Secretary of Defense Ash Carter and high level officials at the Pentagon. The topic of conversation however won't be disclosed, for obvious reasons. However, the conversations did focus...