The global defense industry is expected to grow this year at its lowest rate since 2013, as governments focus spending on the coronavirus and logistical and economic hurdles disrupt sales and manufacturing.
Defense & Aerospace
Tesla would never provide the U.S. government with data collected by its vehicles in China or other countries, Elon Musk, the company’s chief executive, told a high-level conference in China Saturday.
For rural homesteaders and suburbanites alike, no matter where they live on the globe, fast, reliable internet connectivity is on its way—from outer space.
Richard Branson’s Virgin Orbit has hired bankers to help it go public this year through a special-purpose acquisition company, his latest effort to take advantage of a recent boom in similar, blank-check listings.
GE’s deal to combine its aircraft-leasing business with Ireland’s AerCap, valued at more than $30 billion, is seen pressuring jet prices and plane makers.
The Defense Department labeled smartphone maker Xiaomi as a company that supports China’s military partly due to an award given to its founder for his service to the state, along with Xiaomi’s ambitious investment plans in advanced technologies such as 5G and artificial intelligence.
Iranian breaches of the 2015 nuclear deal raise fears that Tehran is paving the way to start work on nuclear weapons, raising pressure on President Biden.
Rocket, the parent of Quicken Loans, has surged 28% this week.
The deal would take the space-transportation startup public, valuing it at around $4.1 billion.
CAE agreed to buy L3Harris Technologies’ military-training division for $1.05 billion, in a move that would expand the Canadian aerospace company’s defense business.
There are some strong emerging headwinds for mortgage lenders right now, but Rocket appears to be navigating through them better than expected.
The platform and its backers are hoping investors will embrace a company with largely Generation Z users that generates revenue from players who spend real money on a virtual currency called Robux used in games.
Private companies used to raise round after round of venture capital before listing publicly. But thanks to SPACs, more zero-revenue startups than ever before are jumping into the public markets with valuations exceeding $1 billion.
Aviation regulators need to strengthen their oversight of aircraft safety even after reforms undertaken in the wake of the two Boeing 737 MAX crashes, a government report has concluded.
The oil company’s board met to decide whether to approve President Jair Bolsonaro’s controversial appointment of an army general as chief executive in an apparent bid to force the firm to subsidize fuel prices.
The latest grounding of Boeing planes isn’t the start of another 737 MAX debacle. But it is more unwelcome publicity for an already battered U.S. aerospace industry.
To monitor the prevalence of the virus among employees nationwide, the tech billionaire worked with researchers to build an antibody-testing program. Here’s what he learned.
A United Nations report accuses Blackwater founder Erik Prince of assisting in violations of an international arms embargo on Libya, placing the military contractor at risk of U.N. sanctions, according to a diplomat with access to the report.
Drones and missiles launched in the past month from Yemen and Iraq show gaps in air defenses, as Biden reconsiders U.S. policy in the region.
The indictment said the ships’ oily fluid wasn’t treated properly before being discharged into the ocean. The company has denied wrongdoing,






