• Should I Invest in Defence Stocks? UK Gov Say They Align With ESG After Rishi Steps up Military Spending

    On April 23, UK Prime Minister Rishi Sunak announced a significant hike in government spending on the country's defences to overcome emerging threats from Russia and the Middle East. This move will increase defence spending to 2.5% of the UK's GDP by 2030."It is a generational investment in British security and prosperity, which makes us safer at home and stronger abroad," the PM said during his visit to the Polish Capital, Warsaw. He believed his actions were necessary amid threats of war in...

  • The Australian Defence Formula: Spend! Spend! Spend!

    The skin toasted Australian Minister of Defence, Richard Marles, who resembles, with each day, the product of an overly worked solarium, was adamant. Not only will Australians be paying a bill up to and above A$368 billion for nuclear powered submarines it does not need; it will also be throwing A$100 billion into the coffers of More

  • UUP peer calls for increased UK defence spending

    In his response to the Ulster Unionist peer, Defence Minister the Earl of Minto admitted that UK defence spending in 2023 had fallen to just 2.28 percent of GDP compared to 2.47 percent in 2010. Lord Rogan commented: “We are living through particularly dangerous times with major conflicts going on in the Middle East and Ukraine, plus repeated military threats to Taiwan from China. “This is not a time for the United Kingdom to drop its guard but, as these figures demonstrate, that is precisely...

  • The Netherlands sent three F-16 fighter jets to Romania

    Three F-16 fighter jets arrived on Wednesday at the military base in Fetești. The fighter aircraft were donated by the Netherlands, and on board were the Minister of Defense, Angel Tîlvăr, and his Dutch counterpart, Kajsa Ollongren. The three F-16 fighter jets landed today in Fetești, and on board were also the Dutch Minister of […]

  • Defence scores $50b funding boost as jets plan grounded

    Defence will get an extra $50 billion over the next decade as part of a shake-up of the Australian military, as plans to acquire F-35 fighter jets have been put on ice. Unveiling a national defence strategy and $330 billion investment program in a major speech on Wednesday, Defence Minister Richard Marles revealed an additional […]

  • Hush money trial: All the wild defences Trump has given so far

    Ex-president’s team have seemingly thrown everything but the kitchen sink to try to stop or stall the former president’s first criminal trial — none of these efforts have been successful so far

  • Chinese fighter jets could reach Taiwan Presidential Office in minutes: expert

    Taiwan’s defense ministry reported on April 21, Chinese fighter jets were only 76 km from Keelung outside Taipei.

  • Anduril moves ahead in Pentagon program to develop unmanned fighter jets

    Anduril Industries has taken another step forward in its quest to become the next great American prime, this time by beating out major defense companies to develop and test small unmanned fighter jet prototypes. The venture capital darling beat out Boeing, Lockheed Martin and Northrop Grumman on the deal, under the Air Force’s Collaborative Combat […] © 2024 TechCrunch. All rights reserved. For personal use only.

  • UK's Sunak Announces Raised Defence Spending, New Ukraine Aid

    UK Prime Minister Rishi Sunak Tuesday announced additional funding for Ukraine and pledged to increase Britain's own defence budget, during a visit to the Polish capital Warsaw.Sunak said Britain was giving GBP500 million ($617 million) in additional military funding for Kyiv as he held talks with Polish premier Donald Tusk and NATO chief Jens Stoltenberg.Sunak said London would gradually boost defence spending to 2.5 percent of GDP by 2030."In a world that is the most dangerous it has been...

  • UK to boost defence spending to 2.5% of GDP, Sunak says

    PM pledges to put arms industry on ‘war footing’ with plan to raise defence budget to £87bn a year by 2030Britain will boost its defence spending to 2.5% of national output by the end of the decade as Rishi Sunak pledged to put the UK’s arms industry on a “war footing” in response to global threats.The prime minister’s plan, which he said would help the UK deal with an “increasingly dangerous” world, would steadily increase defence spending to £87bn a year by 2030. Continue reading

  • US Air Force stages dogfights with AI-flown fighter jet

    The Air Force hopes that teaching AI to dogfight -- perhaps the hardest flying style to master -- will make it easier to autonomously fly other missions.

  • RAF fighter jets shot down Iran drones, Rishi Sunak says

    The MoD says the RAF will repel "any airborne attacks within range" of its jets in the Middle East.