Pentagon pays $500M for secret missile-test aircraft

US Supreme Court is building its own massive police force

America's high court is spending millions to beef up security. At what cost?

Failed Cyber Test: Alabama Defense Contractor Settles For $500K Over Missing Navy Safeguards

A Huntsville, Alabama, defense contractor will pay more than half a million dollars to resolve federal allegations that it failed to maintain required cybersecurity protocols while working on U.S. Navy contracts. LOGZONE Inc. agreed to the 507,144 payout to settle its liability under the False Claims Act. According to federal prosecutors, the company knowingly submitted [] Failed Cyber Test: Alabama Defense Contractor Settles For 500K Over Missing Navy Safeguards

Buried lede: The airforce spent $18 million on a taildragger [Facepalm]

[link] [27 comments]

LIVE: Senators speak on Capitol Hill as Pentagon seeks $80 billion for Iran war

Live from Capitol Hill as Senate leaders take reporters' questions. The Pentagon has told senators it needs roughly $80 billion, mostly to cover the cost of the U.S. war against Iran, adding to the military spending boost being sought by President Donald Trump.

India-US AMCA fighter jet engine deal in limbo amid nearly 300% increase in cost

India-US AMCA fighter jet engine deal in limbo amid nearly 300 increase in cost

US Plans $700 Million Fighter Engine Deal for Turkey

The United States is planning a 700 million deal to supply fighter jet engines to Turkey, according to Reuters.

Pentagon seeks $80 billion from Congress for Iran war

WASHINGTON, June 23, (AP): The Pentagon has told senators it needs roughly 80 billion, mostly to cover the cost of the U.S. war against Iran, adding to what is already a sizable...

Breaking: CENTCOM Now Imposing Heavy Costs on Iran for Targeting Ships

Breaking: CENTCOM Now Imposing Heavy Costs on Iran for Targeting Ships

🚨💣 UNITED BOMBA! GREENWOOD YES! £50M! REAL EXTRA MONEY! BRUNO ALERT! DIBU AND ARSENAL DEAL…

No description available

The Great Disconnect: Why GE Aerospace's Defense Fundamentals Don't Justify A $369 Price Tag

The Great Disconnect: Why GE Aerospace's Defense Fundamentals Don't Justify A $369 Price Tag

Trump Asks Congress for $70 Billion Funding for War on Iran

The request would address operational costs incurred during Operation Epic Fury. On Wednesday, the White House asked the U.S. Congress for US87.6 billion for Iran war costs and a few other programs, one day after the Senate passed a war powers resolution on Iran in a symbolic protest against President Donald Trump’s handling of the []

First tango at Lake Lucerne

The United States is now deeply invested in the removal of the architecture of sanctions that has handicapped the Iranian regime. As of this morning, Secretary Bessent commenced the unraveling with a 60-day license allowing Iran to engage in all aspects of the oil trade in dollars. This move was in exchange for the apparent restoration of the status quo ante in the Strait of Hormuz. The Iranian regime last

Tehran gets temporary relief as US waives sanctions on Iranian oil till August 21

The United States has temporarily opened the door to Iranian oil sales and dollar-denominated payments, marking the first major sanctions relief for Tehran since President Donald Trump reimposed sweeping curbs in 2018. The US Treasury Department’s Office of Foreign Assets Control (OFAC) has issued General Licence X, authorising transactions related to the production, sale, transportation []

U.S. Special forces buys Havoc Spear cruise missiles

Leidos received a contract modification worth roughly 27.2 million on behalf of USSOCOM to buy what the military calls All Up Rounds, meaning fully assembled, ready-to-fire missiles rather than components or prototypes, for the AGM-190A Havoc Spear Small Cruise Missile program, with the work centered in Huntsville, Alabama, and expected to run through February 2029. []

Boeing and Tajikistan: Is There Hard Currency Behind the Soft Power?

On November 6, 2025, on the sidelines of the C5+1 Summit in Washington, Tajik airline Somon Air signed a memorandum of understanding with Boeing for the acquisition of 14 aircraft – four wide-body 787-9 Dreamliners and ten narrow-body 737 MAX 8s – valued at approximately 3.2 billion. By Boeing’s standards, the transaction is relatively routine: [] The post Boeing and Tajikistan: Is There Hard Currency Behind the Soft Power? appeared first on Foreign Policy Journal.

Taiwan’s Unimicron seeks up to $1.4bn as AI lifts the chip-substrate makers

Unimicron Technology is looking to raise as much as 1.4bn from a sale of global depositary shares, joining the long line of companies cashing in on investors’ appetite for anything tied to artificial intelligence. The Taiwanese firm is selling 50 million shares at 26.96 to 27.76 each, a discount of roughly 3 to 6 to [] This story continues at The Next Web

US approves USD 482.2 million support package for India's Apache helicopters, M777 howitzers

The United States has formally notified a proposed Foreign Military Sale (FMS) to India involving sustainment support services and related equipment for its fleet of Apache attack helicopters and M777A2 Ultra-Light Howitzers, with the package valued at an estimated USD 482.2 million.

SK Hynix raises $26.5 billion in Wall Street listing

South Korea's SK Hynix priced its American Depository Receipts at $149, raising about $26.5 billion, a regulatory filing showed, highlighting strong investor appetite for a pivotal chipmaker in the AI supply chain. #News #Reuters #Newsfeed #skhynix #southkorea #chipmaker #artificialintelligence Read the story here: https://reut.rs/4fasFy2 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

White House seeks additional $88 billion from Congress for Iran war, other priorities

The Trump administration is asking Congress for nearly 88 billion to help cover the costs of the war in Iran and other priorities, beginning what lawmakers have already signaled will be contentious negotiations over the package. The request, sent in a letter to House Speaker Mike Johnson (R-Louisiana) on Wednesday, arrives as many Democrats have []

Russia continues targeting Ukraine’s grid. Britain’s $381.5 million package bets on nuclear fuel to keep it running

Most of the money, £210 million, is a nuclear-fuel deal first announced this month.

Gulf companies are set to reveal the unequal toll of Iran war

Gulf companies are set to reveal the unequal toll of Iran war

NBC News: Pentagon Almost Broke, “Running Out of Money”

The Defense Department has blown so much money on President Trump’s unconstitutional war on Iran that the Pentagon’s bank accounts are almost empty. ... The post NBC News: Pentagon Almost Broke, “Running Out of Money” appeared first on The New American.

Taiwan Pushes Domestic Drone Industry Expansion With Dedicated Military Procurement Act

Taiwan’s Executive Yuan originally proposed a US39.6 billion (NT1.25 trillion) special defense budget, but in May the Legislative Yuan reduced it to US24.7 billion (NT780 billion). The approved package did not include funding for the commercial procurement or commissioned production of unmanned systems, CNA reported. To continue developing Taiwan’s uncrewed capabilities, the Executive Yuan on []

SK hynix dollar inflow expected to bolster South Korea's FX market

SK hynix Inc. is expected to inject a large amount of US dollars into South Korea's foreign exchange market after raising about 40 trillion won (26.5 billion) through an American depositary receipt offering on Nasdaq, industry sources said Sunday. The proceeds from the US listing are scheduled to be paid to the company Monday. Given that SK hynix plans to use most of the funds for domestic investments, including the Yongin semiconductor cluster, much of the dollar-denominated proceeds is expect

Cost of Iran war grows, as Trump throws its end into question 

The cost of America’s military operations against Iran is steadily growing, with continued escalations over the Strait of Hormuz this week as President Trump threatens to blow up negotiations and return to all-out war. The immediate cost of military actions in the Middle East will run the government tens of billions of dollars, but the...

AviLease announces pricing of $650 million of 144A/Reg S senior unsecured notes

AviLease, the global aircraft lessor headquartered in Saudi Arabia, priced the offering of 650 million aggregate principal amount of 5.50 senior unsecured notes due 2031 (the “Notes”) by AviLease Capital Limited, a directly wholly owned subsidiary of AviLease, under its Global Medium Term Note Programme. The Notes will bear a fixed coupon of 5.50 per [] The post AviLease announces pricing of 650 million of 144A/Reg S senior unsecured notes appeared first on Middle East News 247.

सामसुङको नाफामा ऐतिहासिक छलाङ

काठमाडौँ। कृत्रिम बौद्धिकता (एआई) प्रविधिसँग सम्बन्धित मेमोरी चिपको विश्वव्यापी माग तीव्र रूपमा बढेसँगै दक्षिण कोरियाली प्रविधि कम्पनी सामसुङ इलेक्ट्रोनिक्सले दोस्रो त्रैमासिक परिचालन नाफामा ऐतिहासिक उछाल आउने प्रक्षेपण गरेको छ। कम्पनीले मङ्गलबार सार्वजनिक गरेको प्रारम्भिक विवरणअनुसार अप्रिल–जुन अवधिमा परिचालन नाफा ८९४ खर्ब वोन (५८ अर्ब ४० करोड अमेरिकी डलर) पुग्ने अनुमान गरिएको छ। जुन गत वर्षको []

Got $1,000? 2 Tech Stocks to Buy and Hold for the Long Term

These two tech stocks look primed for long-term rallies.

BW LNG lines up FSRU newbuild at HD Hyundai

BW LNG has been named as the contractor behind a new floating storage and regasification unit at HD Hyundai Heavy Industries in South Korea. Brokers report the Singapore-based gas shipping player has signed up for a 174,000 cu m FSRU, costing roughly 320m, for delivery in the second quarter of 2029. The vessel is tied

U.K., Italian, Japanese Fighter Jet Venture Wins $6.14 Billion Contract

U.K.’s BAE Systems, Italy’s Leonardo and Japan’s Mitsubishi Heavy Industries secured a contract funded by the three nations to develop a new stealth fighter jet.

The Latest: Pentagon asks Congress for roughly $80 billion to cover cost of Iran war

The Pentagon has told senators it needs roughly 80 billion, mostly to cover the cost of the U.S. war against Iran, adding to an already sizable military spending boost sought by President Donald Trump. Defense Secretary Pete Hegseth has been making the rounds on Capitol Hill ahead of a formal request. Trump will visit a [] The post The Latest: Pentagon asks Congress for roughly 80 billion to cover cost of Iran war appeared first on Loonie Politics.

Why is Canada spending tens of billions on new submarines?

Here's why the federal government's purchase of a dozen submarines could stack up to a major price tag of 100 billion or more over the lifetime of the deal.

Big Oil and Gas Rake in Billions from the Iran War—Expropriate Them!

Big Oil and Gas executives have been mercilessly cashing in on the Iran War and closure of the Strait of Hormuz. The resulting severe shock to the world’s energy market—largely dependent on fossil fuels—has delivered a historic level of profit to these war profiteers, as oil prices have shot up. The post Big Oil and Gas Rake in Billions from the Iran War—Expropriate Them! appeared first on Revolutionary Communists of America.

Supreme Court Determines ExxonMobil Can Sue Communist Cuba for Confiscated Property

In a case involving oil giant ExxonMobil, the Supreme Court held that a federal law granting the right to sue a foreign country over confiscated property overrides sovereign immunity. The court ruled 6-3, splitting along ideological lines. Justice Neil Gorsuch authored the majority opinion. ExxonMobil is seeking more than 1 billion in compensation for oil...

Pentagon’s $80b Iran war request faces resistance in Congress

The Pentagon has informed senators that it needs approximately 80 billion, primarily to cover expenses from the US conflict with Iran, adding to the already substantial increase in military spending sought by President Donald Trump. The White House Office of Management and Budget has not yet submitted a formal request to Congress, but Defence Secretary [] The post Pentagon’s 80b Iran war request faces resistance in Congress appeared first on Egyptian Gazette.

Gulf firms to reveal the unequal toll of Iran war

Gulf firms to reveal the unequal toll of Iran war

Report: Pentagon Requests $80 Billion for Iran War and Other Expenses

(NaturalNews) The Department of War has informed lawmakers it needs 80 billion to cover costs from the Iran war and other non-war-related bills, according to a Wal...

[Photo] JUST IN: 🇺🇸🇸🇾 United States to lift sanctions on Syria.

JUST IN: United States to lift sanctions on Syria.@BRICSNews

The Tanker Tycoon Making Millions on Hormuz Shuttle Runs

Just a few weeks into the war, one of the Persian Gulf’s top oil producers quietly began sneaking its crude out of the Strait of Hormuz. Before long, the covert project became so successful that the United Arab Emirates was already approaching its pre-war rate of flows through the waterway by the time the US and Iran signed their interim peace deal.

ONE CHECKBOOK. ONE CALL.

Jeffrey Wernick Buried in the Senate’s version of the defense authorization bill is a provision that changes the relationship between the American state and private industry. Section 1051 would give the Pentagon’s Office of Strategic Capital explicit authority to buy ownership stakes in private companies, and it would create a new account in the Treasury []

The supertanker tycoon making millions on Hormuz ‘shuttle runs’

Ga-Hyun Chung oversaw a successful covert project that sneaked crude oil out of the Persian Gulf through the vital waterway during the Iran war.

Gabe Vasquez Wants to End Oil & Gas

A recently resurfaced video is exposing defund the police Gabe Vasquez’s true plans for New Mexico: end the oil and gas industry, kill thousands of jobs, and gut the state budget. Despite the fact that the oil and gas industry contributes 7.5 billion to New Mexico’s general fund, Vasquez wants to “[limit] the use of natural gas and [] The post Gabe Vasquez Wants to End Oil Gas appeared first on NRCC.