Defense

US Bolsters Israeli Arsenal Amidst Gaza Conflict Tensions
Policy & Legislation US Bolsters Israeli Arsenal Amidst Gaza Conflict Tensions

The United States has escalated its military support for Israel in response to the continuing conflict in Gaza. High-level sources report that US officials briefed Congress on a significant number of foreign military sales. This extensive assistance package comprises a variety of armaments, with

Is BAE Systems Positioned for Sustained Growth Amid Rising Defense Budgets?
Economic & Fiscal Is BAE Systems Positioned for Sustained Growth Amid Rising Defense Budgets?

As global defense budgets continue to rise, particularly in the United States, BAE Systems PLC finds itself in an increasingly advantageous position. With a significant portion of its revenue coming from US defense spending, the company stands to benefit from President-elect Donald Trump's

Is Lithuania Ready to Prioritize Defense Spending Over EU Fiscal Rules?
Economic & Fiscal Is Lithuania Ready to Prioritize Defense Spending Over EU Fiscal Rules?

Lithuania faces a critical choice between adhering to the European Union's fiscal regulations and ramping up its military spending amid growing security concerns. Social Democrat MP Dovilė Šakalienė has stirred significant debate by suggesting that the future Lithuanian government should consider

South Africa's Defense at Risk Amid Severe Budget Cuts
Policy & Legislation South Africa's Defense at Risk Amid Severe Budget Cuts

The South African government faces a critical challenge as severe budget cuts threaten the nation's defense capabilities, impacting the efficiency of the navy and air force. Over the past 12 years, South Africa's air force has experienced a continuous decline, falling short of its 12,000-hour

Should the UK Prioritize Domestic Jobs in New Defense Spending Strategy?
Economic & Fiscal Should the UK Prioritize Domestic Jobs in New Defense Spending Strategy?

As the UK government announces a significant boost in defense spending of £2.9 billion, the nation finds itself at a critical juncture where the allocation of these funds could have far-reaching implications for its economy and national security. Unite, the UK’s leading union, strongly argues that

RTX Corp Settles Fraud and Bribery Case with $950 Million Penalty
Policy & Legislation RTX Corp Settles Fraud and Bribery Case with $950 Million Penalty

RTX Corporation, formerly known as Raytheon Technologies, recently agreed to pay over $950 million to resolve a multitude of serious allegations. These accusations include fraudulent practices on government contracts and violations of international anti-bribery laws. Notably, this case underlines

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