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☆ Stocks making the biggest moves midday: Roku, Tesla, AMC, AeroVironment and more
▼ + stars: | 2023-09-06 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Roku also boosted its third-quarter revenue guidance to between $835 million and $875 million, versus prior guidance of $815 million. AMC Entertainment — Shares tumbled 36.8% after AMC said it plans to sell up to 40 million new shares to raise cash. The issuance of additional shares was expected after it converted preferred APE shares into AMC common stock in August. Revenue also beat expectations, coming in at $152 million, versus the $129 million expected. Harley-Davidson — The motorcycle maker gained 3.16% after it authorized the repurchase of up to an additional 10 million shares.

Persons: Roku, Tesla, Elon Musk, Apple, AeroVironment, Thoma Bravo, Davidson, Zscaler, LSEG, Wall, Dexcom, —, Macheel, Alex Harring, Michael Bloom Organizations: Street, SpaceX, Twitter, AMC, Journal, Bank of America, LSEG, Revenue, Healthcare, Dominion Energy, Dominion, Southwest Airlines —, Southwest Airlines Locations: Virginia, China, Enbridge, Southwest

☆ Stocks making the biggest moves after hours: GitLab, Zscaler, AeroVironment and more
▼ + stars: | 2023-09-05 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Zscaler — The cloud security stock slipped 1% even after a better-than-expected report for its fiscal fourth quarter and strong current-quarter guidance. Zscaler reported adjusted earnings of 64 cents per share while analysts polled by LSEG, formerly known as Refinitiv, expected 49 cents. GitLab posted adjusted earnings of 1 cent per share on $140 million in revenue. Meanwhile, analysts polled by LSEG anticipated a loss of 3 cents per share and revenue of $130 million. Analysts polled by LSEG called for earnings of 26 cents per share and revenue of $129 million.

Persons: Zscaler, GitLab, LSEG, Asana, AeroVironment, Darla Mercado Organizations: LSEG, Revenue

☆ Russia and Ukraine are fighting the kind of drone war the US military has been worrying about, and it's scrambling to prepare for a future that's already here
▼ + stars: | 2023-08-31 | by ( Christopher Woody | Jake Epstein | ) www.businessinsider.com time to read: +14 min

The scale of the drone war in Ukraine is one of the most striking features of the conflict. "ISIS figured out how to arm their drones and attack us either with 'kamikaze' explosive-laden drones or drones that dropped" modified munitions, Townsend said. Soldiers with the 5th Battalion, 4th Air Defense Artillery Regiment train on an Avenger air-defense system in in July. In 2018, the Army reactivated the 5th Battalion, 4th Air Defense Artillery Regiment, returning a short-range-air-defense capability to Europe. AdvertisementAdvertisement"The war is showing how much [drones are] here and are affecting the war every day.

Persons: Ukraine isn't, Mara Karlin, wasn't, Karlin, that's, John Moore, Stephen Townsend, Townsend, Frank McKenzie, MAHMOUD TAHA, I've, Syria —, Richard Clarke, Clarke, Tom Karako, " McKenzie, McKenzie, Maj, Sean Gainey, Gainey, FADEL SENNA, Douglas Bush, Bush, they've, Col, Michael Parent, Narciso Contreras, Parent Organizations: Pentagon, Service, Defense Writers, US Marine, US Army, US Africa Command, ISIS, Getty, Army, US Special, Command, Aspen Security Conference, Missile Defense, Center for Strategic, International Studies, Patriot, —, US Air Force, Congressional Research Service, 5th Battalion, 4th Air Defense Artillery Regiment, Spc, Yesenia, Asymmetric Warfare Group, Battalion, Stryker, Washington DC, Marine Corps, US Army Yuma, US, Anadolu Agency, Pacific . The Defense Department Locations: Ukraine, Wall, Silicon, Armenia, Azerbaijan, Afghanistan, Iraq, Mosul, Syria, Homs, Europe, Washington, Russian, Kyiv, Russia, Lviv Oblast, China, Pacific

☆ Russia says it foiled major Ukrainian drone attack
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +4 min

REUTERS/Dado Ruvic/Illustration/file photo Acquire Licensing RightsAug 30 (Reuters) - Russia said it foiled one of the biggest Ukrainian drone attacks to date on western Russia on Wednesday, shooting down unmanned aircraft over at least six regions, and destroyed a Ukrainian naval attack on the annexed Crimean peninsula. Russian military aircraft were damaged and civilian aviation was disrupted in the drone attacks, said Russian officials, citing Pskov, Bryansk, Kaluga, Orlov, Ryazan and Moscow regions as targeted. Ukraine, which has yet to achieve a major success in its summer ground counteroffensive, has struck deep into Russia in recent months, including an attack on the Kremlin in May and numerous drone attacks on civilian targets in Moscow. Russia said Ukrainian drones tried to attack a TV tower over the Bryansk region. A Russian aircraft also destroyed four Ukrainian fast-attack boats carrying up to 50 paratroopers in an operation on the Black Sea, the military said.

Persons: Dado Ruvic, Vitali Klitschko, Antony Blinken, Blinken, Yevgeny Prigozhin, Wagner, Vladimir Putin's, Karine Jean, Pierre, Putin, Stephen Coates, Guy Faulconbridge, Michael Perry Organizations: REUTERS, Kremlin, Pskov's, Tass, Civilian, TASS, Reuters, Russia, Embraer, Washington White House, Brazil's, EMBR3, Thomson Locations: Ukraine, Russia, Crimean, Pskov, Bryansk, Kaluga, Orlov, Ryazan, Moscow, Ukrainian, Estonia, Latvia, Estonian, Moscow's Vnukovo, Russian, Kyiv, St Petersburg, Prigozhin, SA

☆ The Air Force wants $5.8 billion to build nearly 2,000 AI-powered Valkyrie aircraft as part of its 'next generation of air dominance' initiative
▼ + stars: | 2023-08-28 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

The Air Force has requested $5.8 billion in its budget to create AI-driven XQ-58A Valkyrie aircraft. The autonomous crafts are ideal for completing suicide missions and protecting pilots, the Air Force says. Human rights advocates say letting technology take lives crosses a moral boundary. The Times reported each Valkyrie will cost between $3 million and $25 million — far less than a manned pilot jet. Air Force and Department of Defense representatives did not immediately respond to Insider's request for comment.

Persons: —, Mary Wareham, António Guterres Organizations: Air Force, Service, Force, New York Times, Times, The Times, Department of Defense, Human Rights Watch, Life Institute, United Nations Locations: Wall, Silicon, of Mexico

WASHINGTON, Aug 23 (Reuters) - The United States does not encourage or enable attacks inside Russia, a U.S. State Department spokesperson said after Russian authorities said they downed drones that tried to attack Moscow early on Wednesday. Drone strikes deep inside Russia have increased since two unmanned aircraft were destroyed over the Kremlin in early May. The United States, which has supplied Ukraine with massive assistance in the form of weapons and other military equipment to combat the Russian invasion, has consistently said it does not support attacks inside Russia. One drone hit a building under construction in central Moscow early on Wednesday, Moscow Mayor Sergei Sobyanin said on his channel on Telegram, a messaging app. Moscow airports suspended flights early on Wednesday, Russia's TASS news agency reported.

Persons: Sergei Sobyanin, Kanishka Singh, Tom Hogue, Stephen Coates Organizations: U.S . State Department, State Department, Kremlin, Moscow, Russia's TASS, Defence Ministry, Thomson Locations: United States, Russia, U.S, Moscow, Ukraine, Russian, Bryansk, Washington

☆ US asks Iran to stop selling drones to Russia-FT
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +1 min

[1/2] An image shows Iranian drone transfer to Russia, as evidence of new Russian-Iran cooperation, in this handout acquired June 9, 2023. White House/Handout via REUTERS/File Photo Acquire Licensing RightsAug 16 (Reuters) - U.S. is pushing Iran to stop selling armed drones to Russia as part of discussions on a broader unwritten understanding between Washington and Tehran to de-escalate tensions, the Financial Times said on Wednesday, citing people briefed on the matter. The U.S. is pressing Iran to stop selling armed drones to Russia, which Moscow is using in the war in Ukraine, as well as spare parts for the unmanned aircraft, the report said, citing an Iranian official and another person familiar with the talks. The news comes as Washington and Iran are trying to ease tensions and revive broader talks over Iran's nuclear program. Iran allowed four detained U.S. citizens to move into house arrest from Tehran's Evin prison while a fifth was already under home confinement.

Persons: Antony Blinken, Tehran's, Lavanya, Himani Sarkar, Kim Coghill Organizations: REUTERS, Financial Times, Iranian, U.S, Reuters, Thomson Locations: Russia, Russian, Iran, White, Washington, Tehran, de, U.S, Moscow, Ukraine, South Korea, Bengaluru

☆ Kim Jong Un just showed off two new North Korean aircraft that look shockingly similar to US military drones
▼ + stars: | 2023-07-28 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

North Korea unveiled two new aircraft this week that very closely resemble US military drones. Thousands of people can be seen standing along the sidelines and waving North Korean flags. North Korean leader Kim Jong Un walks with Russian Defense Minister Sergei Shoigu in Pyongyang, North Korea, on July 27, 2023. This photo provided by the North Korean government, shows what it says Hwasong-18 intercontinental ballistic missile during a military parade on Thursday. North Korea has not conducted a nuclear test since 2017 but remains determined to stand among the world's nuclear powers, despite widespread international pressure and concern.

Persons: Kim Jong, Sergei Shoigu, Kim Il, Phil Speck, it's, Hawk, Bobbi Zapka, Kim Jong Un, Shoigu, Kim, Vladimir Putin Organizations: American, Kim Jong Un, Service, North, North Korean, Korean Central News Agency, Korea News Service, AP, US Air National Guard, ISIS, Russian Defense, Getty, Air Force, U.S . Air Force, REUTERS, Korean, Russian, AP Pyongyang, DPRK, White, Democratic People's, UN Locations: Korea, China, Russia, Wall, Silicon, Pyongyang, North Korea, Wyoming, Handou, Korean, South Korea, Ohio, Kentucky, American, Ukraine, North, United States, Democratic People's Republic of Korea

☆ Video captures a Russian Su-35 fighter jet harassing and breaking a US Reaper drone by popping flares above it
▼ + stars: | 2023-07-25 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

A Russian fighter jet flew "dangerously close" to a US military drone over Syria, the Air Force said. The Su-35 harassed the MQ-9 Reaper drone by releasing flares in its path, damaging the propeller. It's the latest incident of aggressive Russian aircraft maneuvers over the Middle East. More recently, the Air Force said in mid-July that a Russian aircraft engaged a US MC-12 surveillance plane "in an unsafe and unprofessional manner." The recent engagement is also not the first time that Russian aircraft harassment resulted in damage to a Reaper drone's propeller.

Persons: Alexus Grynkewich, Assad, Sabrina Singh, Michael Kurilla Organizations: Air Force, Service, US Air, US, Islamic, ISIS, US Air Forces Central Command, Russian, US Air Force, Pentagon, US Central Command Locations: Russian, Syria, Wall, Silicon, Islamic State, Washington, Moscow, Russia

☆ Inspired by Ukraine war, Taiwan launches drone blitz to counter China
▼ + stars: | 2023-07-21 | by ( Reuters Graphic | ) www.reuters.com time to read: +16 min

These drones range from jet-powered, long range surveillance aircraft to small quadcopters deployed by ground troops. Taiwan should accelerate mass production of a range of military drones to boost self-reliance in the struggle with Beijing, it concluded. U.S. drones range in size from two-kilogram, hand-launched drones to 14,500-kilogram long range surveillance drones. Unlike Taiwan, China began mass-producing unmanned aircraft long before the Ukraine conflict. Hundreds of technology experts, including specialists in AI, were recruited to the military, according to UCSD analyst Cheung.

Persons: Tsai Ing, ”, Tsai “, Max Lo, “, Hawk Yang, Yang, Tsai, Joe Biden, ’, Lo, Tai Ming Cheung, ” Cheung, Nancy Pelosi, ” Tsai, Chang, Xi Jinping, Xi, Cheung, ” Elsa Kania Organizations: Reuters, People’s Liberation Army, Thunder Tiger Group, “, Communist Party, Taiwan, Taiwan Affairs Office, U.S . Department of Defense, White, Pentagon ., Teal, University of California, PLA, U.S . House, Airborne, Washington -, Strategic & International Studies ., Royal United Services Institute, 20th Party Congress, UCSD, Center, New, New American Security, China's Ministry of Defense, Pentagon Locations: Russia, Ukraine, Taipei, Taiwan, China, Asia, United States, Australia, Japan, South Korea, America, Republic of China, “ China, Kinmen, Beijing, Washington, Pentagon . U.S, U.S, University of California San Diego, Chiayi, Strategic & International Studies . Ukraine, London, Chang Kong, Today, New American

☆ A failed US Navy experiment during World War II hinted at how exploding drones would change the battlefield 80 years later
▼ + stars: | 2023-06-18 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +8 min

Loitering munitions have become a staple on modern battlefields, especially in Ukraine. The technology is not new, and a US Navy experiment during World War II hinted at its utility. Loitering munitions and armed UAVs in general are often regarded as a 21st-century development, but they have a long history. During World War II, the US Navy was behind some of the first such drone strikes during an experiment that was ultimately scrapped but hinted at what was to come. Russian forces have used domestically made Lancet loitering munitions against Ukraine's military and employed Iranian-made Shahed-136 and 131 loitering munitions in attacks on military and civilian targets.

Persons: —, it's, Oleksii Organizations: US Navy, Service, Heritage Command, US, Interstate Aircraft, Company, Schwinn Bicycle Company, Navy, Interstate, Task Air, US Naval Heritage, Command, Getty Locations: Ukraine, Solomon Islands, Banika, Cape Esperance, Guadalcanal, Marcus, South Pacific, Bougainville, Solomons, Russian, Kyiv, Armenia, Azerbaijan, Russia, Soviet

☆ Russian attempts to waste Ukraine's advanced air-defense missiles with cheap drones are failing, UK intel says
▼ + stars: | 2023-06-05 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +2 min

The goal was to get Ukraine to waste its valuable stock of air defense missiles, the UK MOD said. But the efforts failed, with 90% shot down without Ukraine needing to use advanced missiles, it said. Russia's failure to get Ukraine to waste its advanced air defense missiles comes alongside Russia's inability to destroy Ukrainian air defence systems, the UK MOD added. Ukraine has a variety of air defense systems, including the advanced Patriot missile systems it received from the US and European allies. The UK MOD also said that Russia was likely trying to "locate and strike Ukrainian forces well behind the front line," but without much success.

Persons: — Organizations: MOD, Service, Russia, UK Ministry of Defence, Patriot Locations: Russia, Ukraine, Ukrainian

☆ Flying the F-16 in Ukraine is 'high risk,' and Kyiv's air forces can't just fly the fighter jet headlong into Russia's defenses
▼ + stars: | 2023-05-27 | by ( Ryan Pickrell | ) www.businessinsider.com time to read: +11 min

If Kyiv's air forces get the jet as expected, they won't be able to fly them directly at Russian defenses. "And nobody's advocating for that," an air power expert told Insider. Regardless of which jet Ukraine gets, putting fourth-generation air power like the F-16 into a high-intensity conflict is "high risk," Birkey said. A pair of US Air Force F-16 Fighting Falcons US Air Force photo by Staff Sgt. In a recent opinion article for Air and Space Forces Magazine, Larry Stutzriem, a retired Air Force major general and former F-16 pilot, pointed to an Israeli Air Force operation against well-defended Syrian targets in Lebanon in 1982.

☆ Ukraine posts video of rare drone-on-drone warfare where it slams its own unmanned aircraft into a Russian one
▼ + stars: | 2023-05-26 | by ( Kieran Corcoran | Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Video posted by Ukraine's security agency showed an odd facet of drone warfare. This clip showed a Ukrainian drone smashing into an enemy drone in flight. A video posted Wednesday by Ukraine's internal security service, the SBU, deviated from that norm. The rest of the video shows more conventional drone operations, aimed at what appear to be Russian military supply trucks. A Ukrainian exploding drone closes in on a truck as two people dive for cover in a video published in May 2023 by Ukraine's SBU security agency.

☆ The stealth F-22 Raptor's days are numbered, and the Air Force is officially looking for designs for the fighter jet's next-gen replacement
▼ + stars: | 2023-05-18 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

The Air Force is officially seeking designs for the next-gen fighter to replace the F-22 Raptor. "We will lose that edge if we don't move forward now," Frank Kendall, Air Force secretary, said. "No one does this better than the US Air Force, but we will lose that edge if we don't move forward now." There are two of these sixth-generation projects currently underway, one for the Air Force and the other for the Navy. The Air Force has pushed for the retirement of some earlier F-22s, but it has received pushback from Congress.

☆ A Ukrainian donation drive built an 'Army of Drones' and picked up an unusual system called a 'Shahed Hunter' for Kyiv's forces
▼ + stars: | 2023-05-10 | by ( Jake Epstein | ) www.businessinsider.com time to read: +9 min

It has used the funds to purchase thousands of UAVs, and systems to hunt Russian drones. The Shahed Hunter system is a network of radars and signal jammers that can detect Russian drones from around 25 miles away, Fedorov said. It's unclear where, exactly, the Shahed Hunter systems have been used or how many times they have been deployed. But Fedorov noted that Ukraine needs more of the systems to defend against continuous waves of Russian drone attacks. On Sunday night alone, Ukraine's air defense systems shot down 35 drones — 30 of which targeted Kyiv, according to the country's defense ministry.

☆ Drones over Kremlin likely launched from inside Russia, US experts say
▼ + stars: | 2023-05-05 | by ( Mike Stone | ) www.reuters.com time to read: +4 min

Ostorozhno Novosti/Handout via REUTERSSummary Kremlin citadel has extensive anti-drone protections400-plus km journey from Ukraine unlikelyIf launched in Russia, multiple drone types possibleWASHINGTON, May 5 (Reuters) - The drones that crashed over the Kremlin earlier this week probably evaded an extensive number of defenses in and around Moscow, suggesting they might have been launched from inside Russia, U.S.-based drones experts said. "Spoofing" occurs when a counterfeit GPS signal is sent to replace a legitimate one, electronically fooling guidance systems on drones or other devices. "Of all the types of one-way attack drones, the aircraft used in this instance appears to have been a fixed-wing aircraft and among the larger one-way attack drones currently in use or development," said drone expert Dan Gettinger at the Vertical Flight Society, an engineering advocacy group. China, India, Taiwan and Ukraine are among a clutch of nations producing drones of this size and capability, Gettinger said. Gettinger, who published a paper on one-way attack drones on Thursday, said if the aircraft was launched from within Russia, there was a significantly greater number of aircraft capable of carrying out this attack.

Whatever the provenance of the two drones that approached the Kremlin early Wednesday morning, one thing was clear: The Russian government wanted the world to know about them. The Kremlin made a deliberate choice to quickly make public what it claimed was a drone attack aimed at assassinating President Vladimir V. Putin. It published an unusual, five-paragraph statement on its website that named the Ukrainian government as the perpetrator and asserted the right to retaliate against Kyiv. The Kremlin’s messaging diverged significantly from its response to previous episodes involving attacks on Russia or Russian-occupied territory. Now the question is whether Russia will use the incident to justify more and even deadlier strikes against Ukraine.

☆ Ukraine's military says it shot down one of its own drones near the capital after it 'lost control' of the aircraft
▼ + stars: | 2023-05-04 | by ( Jake Epstein | Ryan Pickrell | ) www.businessinsider.com time to read: +4 min

Thought initially to be a Russian drone, the Ukrainian military said it had to shoot down its own drone after losing control. The incident comes a day after a drone incident in the Russian capital. People run as a drone flies in the sky over the city during a Russian drone strike, amid Russia's attack on Ukraine, in Kyiv, Ukraine May 4, 2023. A drone is seen in the sky over the city during a Russian drone strike, amid Russia's attack on Ukraine, in Kyiv, Ukraine May 4, 2023. REUTERS/Gleb GaranichSmoke rises over the city after remains of a shot down drone landed on buildings, amid Russia's attack on Ukraine, in Kyiv, Ukraine May 4, 2023.

Drones struck the Kremlin in the early hours of Wednesday, said the Russian government, which blamed the attack on Ukraine. Two unmanned aircraft launched by Ukraine crashed into the Kremlin after they were downed by electronic-warfare systems, according to a statement by the Kremlin press service.

☆ Details in the drone incident the Kremlin says aimed to assassinate Putin 'don't quite add up.' Experts have 3 theories on what happened.
▼ + stars: | 2023-05-03 | by ( Mia Jankowicz | Sophia Ankel | Ryan Pickrell | ) www.businessinsider.com time to read: +11 min

Russia claimed Wednesday that Ukraine tried to assassinate Putin with a drone attack at the Kremlin. James Patton Rogers, a military historian and adviser to NATO on drones and warfare, said that "there's a few things that don't quite add up in this situation." Its ability to fly comparatively low, and slowly, would potentially help it evade some radar, Patton Rogers said. Claiming that Ukraine tried to assassinate Putin would potentially "open up a new norm in the war," Patton Rogers said. Patton Rogers said he hasn't "seen any indication" that such groups have the capacity to use drones in their attacks.

☆ The US Air Force has big plans for the next-generation drones that will fight alongside its fighters and bombers
▼ + stars: | 2023-05-03 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +9 min

It's now developing collaborative combat aircraft, which can fight alongside piloted jets or on their own. A need for 'affordable mass'MQ-9s on a runway at Holloman Air Force Base in New Mexico in April. Worse, the Air Force faces a pilot shortage and its overall number of flight hours has been decreasing. The Air Force also continues to develop top-tier assets like the F-35, the B-21 stealth bomber, and the Next Generation Air Dominance program, or NGAD. "Without it, it's very difficult to envision how we could keep the Air Force at the size it currently is."

☆ Russia having difficulty building new weapons, but might have enough older ones, report says
▼ + stars: | 2023-04-19 | by ( Brad Lendon | ) edition.cnn.com time to read: +6 min

“The quality of the Russian military in terms of advanced equipment will likely decline, at least over the near term,” the CSIS report says. Western officials, speaking during a briefing Tuesday, also noted the pressure on the Russian tank fleet. The CSIS report highlights the problem Russia faces in new tank construction, citing Russian media reports. ‘Less reliable suppliers’Sanctions have cut Russian access to optical systems – needed for tank gunners to pick out targets – ball bearings and machine tools, the CSIS report said. Russia still retains numerical advantages over Ukraine, the report said, because it has large inventories in reserve.

[1/2] An Airbus A320neo aircraft is pictured during a news conference tin Colomiers near Toulouse, France, October 17, 2017. Airbus' defense portfolio includes the A400M and the C295, which are respectively larger and smaller than Embraer's KC-390. De La Vela said he sees potential collaborations emerging in areas such as unmanned aircraft and space technologies, including for new products, adding that he would like to hear from Embraer before elaborating. De La Vela said Airbus expects the Brazilian MRTTs to open the Latin American market for the aircraft, noting talks with four other undisclosed countries in the region were underway. Reporting by Gabriel Araujo and Rodrigo Viga Gaier; Editing by Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

☆ After 55 years in flight, the US Air Force is planning to keep its biggest plane in action for a few more decades
▼ + stars: | 2023-04-13 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +7 min

The Air Force said the material used to make the parts showed "promising results" and appeared "to be impervious to natural elements." The use of 3D parts could result in faster turnaround times and reduced costs for maintenance on the C-5, the largest aircraft in Air Force's inventory and the workhorse of US Air Force Air Mobility Command. The GalaxyThe C-5A Galaxy lifts off from the Dobbins Air Force Base for its maiden flight on June 30, 1968. The Air Force needed a single plane capable of carrying loads of over 150,000 pounds to distances over 3,000 miles. Development, upgrades, and futureA C-5 and other US Air Force aircraft during an air show at at Andrews Air Force Base in May 2007.

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