Latest Aerospace and defense industry News

Hundreds of people in Chad protest against the French military presence in the country

Dec. 06, 2024 09:25 AM EST

N’DJAMENA, Chad (AP) — Hundreds of people marched in Chad on Friday to call for the withdrawal of French troops from the country, a week after the Central African country ended a military agreement with its former colonial ruler. Protesters in the capital, N’Djamena, chanted...

Smith & Wesson: Fiscal Q2 Earnings Snapshot

Dec. 05, 2024 17:04 PM EST

MARYVILLE, Tenn. (AP) — MARYVILLE, Tenn. (AP) — Smith & Wesson Brands, Inc. (SWBI) on Thursday reported net income of $4.1 million in its fiscal second quarter. The Maryville, Tennessee-based company said it had profit of 9 cents per share. Earnings, adjusted for one-time...

Arms producers saw revenue up in 2023 with the wars in Ukraine and Gaza, a new report says

Dec. 02, 2024 09:05 AM EST

STOCKHOLM, Sweden (AP) — Major companies in the arms industry saw a 4.2% increase in overall revenue in 2023 with sharp rises for producers based in Russia and the Middle East, a new report said Monday. The report by the Stockholm International Peace Research Institute, or SIPRI,...

Israeli strikes hit southern Lebanon, but tense ceasefire holds

Dec. 01, 2024 10:53 AM EST

TYRE, Lebanon (AP) — Israeli jets Sunday launched an airstrike over a southern Lebanese border village, while troops shelled other border towns and villages still under Israeli control, Lebanon's state-run National News Agency reported. The attacks come days after a US-brokered...

Day 2 of the Israel-Hezbollah ceasefire sees Israeli airstrike on Lebanon and scattered attacks

Nov. 28, 2024 15:55 PM EST

BEIRUT (AP) — Israel on Thursday carried out its first airstrike on Lebanon since a truce with Hezbollah announced this week, saying it targeted the militant group's activity at a rocket storage facility in southern Lebanon that breached the ceasefire. Lebanese authorities...

S&W Seed: Fiscal Q1 Earnings Snapshot

Nov. 26, 2024 17:10 PM EST

LONGMONT, Colo. (AP) — LONGMONT, Colo. (AP) — S&W Seed Co. (SANW) on Tuesday reported a loss of $16.2 million in its fiscal first quarter. On a per-share basis, the Longmont, Colorado-based company said it had a loss of $7.11. Losses, adjusted to account for discontinued...

Biden calls Israel and Hezbollah ceasefire 'good news' as sides come to terms on agreement to pause fighting

Nov. 26, 2024 15:56 PM EST
WASHINGTON (AP) — Biden calls Israel and Hezbollah ceasefire 'good news' as sides come to terms on agreement to pause fighting.

Investigation reveals a Russian factory's plan to mix decoys with a new deadly weapon in Ukraine

Nov. 16, 2024 01:57 AM EST

KYIV, Ukraine (AP) — A high-tech factory in central Russia has created a new, deadly force to attack Ukraine: a small number of highly destructive thermobaric drones surrounded by huge swarms of cheap foam decoys. The plan, which Russia dubbed Operation False Target, is intended...

Operation False Target: How Russia plotted to mix a deadly new weapon among decoy drones in Ukraine

Nov. 16, 2024 01:55 AM EST

KYIV, Ukraine (AP) — At a secretive factory in Russia's central grasslands, engineers are manufacturing hundreds of decoy drones meant to overwhelm Ukrainian defenses as they try to protect against a horrific new weapon, an Associated Press investigation has found. The plant at...

Chinese and Philippine forces again avoid a clash in a fiercely disputed shoal under a rare deal

Nov. 15, 2024 03:58 AM EST

MANILA, Philippines (AP) — The Philippine navy transported food and other supplies to a territorial ship outpost in a shoal in the South China Sea without any confrontation with Chinese forces guarding the disputed area, officials said Friday. The Philippine delivery of supplies...