Latest Aerospace and defense industry News

France flies out 2 Mirage fighter jets from Chad to signal beginning of military withdrawal

Dec. 10, 2024 11:50 AM EST

PARIS (AP) — France flew out the two Mirage fighter jets it had stationed in Chad on Tuesday, signaling the beginning of its withdrawal of military forces from the former French colony in central Africa that last month broke off its defense cooperation agreement with Paris. Chad...

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...