Fresh off of its initial public offering, aerospace and defense manufacturer Arxis is set to outperform the market, according to Wall Street. Bloomfield, Connecticut-based Arxis, a maker of electronic and mechanical components, surged more than 38% on its Nasdaq debut on April 16. While the stock is off 9% since then — still above its $28 …
Israeli air defence systems are activated to intercept Iranian missiles over the Israeli city of Tel Aviv early on June 18, 2025. Menahem Kahana | AFP | Getty Images Europe ramped up military spending in 2025 — a longstanding demand of U.S. President Donald Trump — helping drive global defense outlays to a staggering $2.89 …
A new defense budget proposal from the White House means the drone industry could soon see a spike in cash flow. President Donald Trump last week requested $1.5 trillion for defense in fiscal 2027 starting in October, 44% higher than the fiscal 2026 military budget. If Congress were to pass the bill, U.S. military spending …
TEL AVIV, ISRAEL – APRIL 08: An Iranian cluster munition is fired towards Tel Aviv and the surrounding area around 3 AM on April 08, 2026 in Tel Aviv, Israel. Alexi Rosenfeld | Getty Images News | Getty Images Many Middle Eastern countries reported incoming missiles and drones from Iran on Wednesday, triggering air defenses …
Significant sections of the B1 Bridge are seen destroyed after an airstrike attributed to the United States and Israel targeted the site near Tehran, in Karaj, Iran, on April 03, 2026. Anadolu | Anadolu | Getty Images U.S. President Donald Trump on Thursday threatened to destroy Iran’s bridges and power plants, saying the “New Regime …
U.S. Senate Minority Leader Sen. Chuck Schumer (D-NY) speaks during a news briefing after a weekly Senate Democratic Luncheon at the U.S. Capitol on March 24, 2026 in Washington, DC. Alex Wong | Getty Images Republicans on Wednesday balked at a Democratic counteroffer to reopen the Department of Homeland Security, as lawmakers and the White …
Surging global defense spending, partly driven by the Iran war, and advancements in artificial intelligence are setting up a new leg of growth for the drone market, shining a light on companies AeroVironment and Kratos Defense & Security Solutions . The global drone market is entering a new phase of rapid growth as rising geopolitical …
The British Indian Ocean Territory (BIOT) or Chagos Islands (formerly the Oil Islands) is an overseas territory of the United Kingdom situated in the Indian Ocean, halfway between Africa and Indonesia. The largest island is Diego Garcia (area 44 km squared), the site of a joint military facility of the United Kingdom and the United …
Sen. Minority Leader Charles Schumer, D-N.Y., speaks to the media as Cabinet officials deliver congressional briefings on Iran at the Capitol in Washington, March 3, 2026. Heather Diehl | Getty Images Congressional Democrats sent a new counteroffer to the White House to reopen the Department of Homeland Security, a person familiar with the negotiations told …
Joe Kent, director of the National Counterterrorism Center, testifies during the House Homeland Security Committee hearing titled “Worldwide Threats to the Homeland,” in Cannon building on Wednesday, December 11, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images National Counterterrorism Center Director Joe Kent on Tuesday announced he will resign in response to the …