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U.S. Arms Makers Look Overseas to Boost Stockpiles
Business

U.S. Arms Makers Look Overseas to Boost Stockpiles

With demand for weapons surging in Ukraine and concerns rising about China, the Pentagon is supporting ‘friend-shoring’ manufacturing lines abroad. Source link

Who Will Control Wagner’s Empire of War and Gold?
Business

Who Will Control Wagner’s Empire of War and Gold?

Updated July 24, 2023 12:00 am ET Listen to article (2 minutes) The Kremlin is attempting one of the most complex corporate takeovers in history,

Lockheed Martin Projects Higher Sales as War Boosts Orders
Business

Lockheed Martin Projects Higher Sales as War Boosts Orders

The defense giant raised its sales guidance as the war in Ukraine is driving orders for missiles. Source link

Drones Reach Stratospheric Heights in Race to Fly Higher, Longer
Business

Drones Reach Stratospheric Heights in Race to Fly Higher, Longer

New military and commercial craft aim to go far higher than jumbo jets and stay there for months, offering a more flexible alternative to satellites.

Elon Musk's SpaceX Now Has a 'De Facto' Monopoly on Rocket Launches
Business

Elon Musk's SpaceX Now Has a 'De Facto' Monopoly on Rocket Launches

The company’s rockets are ferrying astronauts, launching satellites and dominating any competition. Source link

Lockheed Martin Wrestles With Supply-Chain Issues to Arm Ukraine
Business

Lockheed Martin Wrestles With Supply-Chain Issues to Arm Ukraine

Sales of the defense company’s long-range missiles known as the Guided Multiple Launch Rocket System fell in the latest quarter from a year ago. Source

A New Home Is Crowned Priciest Property to Ever Sell in Paradise Valley
Business

A New Home Is Crowned Priciest Property to Ever Sell in Paradise Valley

Be the first to know about the biggest and best luxury home sales and listings by signing up for  our Mansion Deals email alert. In

For Chip Makers, a Choice Between the U.S. and China Looms
Business

For Chip Makers, a Choice Between the U.S. and China Looms

Washington seeks to steer the semiconductor supply chain using restrictions under the Chips Act. Source link

Pentagon Woos Silicon Valley to Join Ranks of Arms Makers
Business

Pentagon Woos Silicon Valley to Join Ranks of Arms Makers

The Defense Department is seeking to enlist startups in its effort to fund and develop new weapons technology, as the U.S. tries to keep pace