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☆ Turkey angles for Trump to break the deadlock on F-35 purchases
▼ + stars: | 2024-11-29 | by ( ) www.businessinsider.com time to read: +7 min

Turkey wants the F-35s and may be willing to move the Russian air defenses that triggered the ban. Until five years ago, Turkey had planned to buy 100 of Lockheed Martin's F-35 stealth jets to modernize its air force. According to Bloomberg, Turkey may agree to restrict its Russian S-400s air defenses in return for the US lifting sanctions. Advertisement"So, it will remain to be seen if Trump can overcome these institutional hurdles to a sale to Turkey," Bohl told BI. The intervening Ukraine war, where Russian S-400s suffered losses, could reduce the value Turkey sees in them.

Persons: Lockheed Martin's, Trump, Recep Tayyip Erdogan, Donald Trump, Suleyman Ozeren, Ali Bakir, Erdogan, Bakir, Ozeren, Benjamin Cooper, US Air Force Ryan Bohl, RANE, Marco Rubio, Bohl, Mark Esper, Lockheed Martin, Paul Iddon Organizations: Trump, Lockheed, Bloomberg, Russian, American University, Orion Policy Institute, Ibn Khaldon, Security Initiative, US Air Force, East, Washington, Pentagon, Northrop Grumman, BAE Systems, Pratt & Whitney, RTX Corporation, Ukraine, Iran Locations: Turkey, Ankara, Washington, Incirlik, Qatar, Turkish, North Africa, Russia, China, Ukraine, Russian

☆ In an F-35 funding fight, Musk will need to win over a skeptical Congress and Trump
▼ + stars: | 2024-11-27 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

AdvertisementElon Musk sharply criticized the F-35 stealth jet and its builder, Lockheed Martin. Musk could target the expensive program as part of his efforts to cut federal spending under Trump. Congress has historically valued the stealth fighter flown by three military branches despite its problems. His comments suggest he could be eyeing the $2 trillion F-35 program, and possibly other fighter jets, for potential spending cuts. In fact, the House's defense spending bill for the 2025 fiscal year called for more F-35s than what the Pentagon initially requested.

Persons: Lockheed Martin, Donald Trump, Elon, Musk, Trump, Elon Musk, ANGELA WEISS, Samuel King Jr, President Trump, Clawson, Michael Bohnert, Bohnert, Cmdr, Darin Russell, Stacy Pettyjohn Organizations: Elon, Trump . Congress, Pentagon, Congress, Getty, Trump, Department of Government, Department of Defense, Lockheed, US Air Force, Navy, Air Force, Marine Corps, RAND Corporation, US Navy, Defense, Center, New, New American Security Locations: New American

☆ Biden's last-minute missile moves for Ukraine are coming far too late, weakening their effect on the Russians
▼ + stars: | 2024-11-27 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +7 min

It's been a truism that Ukraine has needed the capability to strike the Russian rear for many years at this point." Related storiesA pattern of late aidThe US and other allies have been repeatedly criticized for slowness and hesitancy in giving Ukraine aid and permissions. One American fighting in Ukraine told BI, "It feels like everything that we've been getting has been either too late or it's just enough to barely hold on." AdvertisementA US Army Tactical Missile System (ATACMS) firing a missile into the East Sea during a South Korea-US joint missile drill. Savill said of Biden's missile decision that "the impact may be more political, albeit with a narrowing window of opportunity."

Persons: Joe Biden, Donald Trump, George Barros, It's, Lockheed Martin, Matthew Savill, Michael Bohnert, ISW, we've, Volodymyr Zelenskyy, There's, Barros, Putin, Bohnert, counterattacking, Savill, Ukraine Biden, Trump Organizations: MGM, Tactical Missile Systems, Lockheed, Storm, UK Ministry of Defence, Royal United Services Institute, Russian Defense Ministry Press Service, AP, Biden, Politico, Reuters, RAND Corporation, NATO, Army Tactical Missile, Korean Defense Ministry, Getty, Ukraine, Trump Locations: Ukraine, Russia, Russian, Kursk —, Ukrainian, Kursk, Russia's Kursk, South Korea

☆ Musk's F-35 jab could be a preview of the fights DOGE will wage to cut government spending
▼ + stars: | 2024-11-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Cookbook authors and chefs explain how you can make almost any part of your holiday meal in a Crock-Pot . Today, we're looking at what Elon Musk's jab at the F-35 says about the debate over using manned fighters or drones in warfare . AdvertisementWith promises of cutting trillions of dollars in government spending, DOGE will need to swing big. Drone usage in combat is on the rise, as is evident in the Ukraine war, and offers benefits around cost. Zoom is taking an AI-first approach to corporate communications , CEO Eric Yuan wrote in a company blog post published Monday.

Persons: Elon, Marc Piasecki, Chelsea Jia Feng, Matthew Loh, Mia Jankowicz, Donald Trump's, Lockheed Martin, Vivek Ramaswamy, Clawson, Ryan Pickrell, Mia, Justin Sullivan, he'll, Trump, Warren Buffett, he's, Pavlo Gonchar, Eric Yuan, it's, Jenny Chang, Rodriguez, Dan DeFrancesco, Grace Lett, Ella Hopkins, Amanda Yen, Jack Sommers, London.Milan Sehmbi Organizations: Business, of Government, Lockheed, Aerospace, Defense, Hezbollah, Super, Republican, Images Trump, Social, Key Square, Scott, Berkshire Hathaway, Getty Images, Communications, Aldi, Google Locations: Israel, Ukraine, Canada, Mexico, China, New York, Chicago, London, London.Milan

☆ Elon Musk says human-piloted fighter jets like the F-35 are obsolete. Drone tech can't yet fill the gap.
▼ + stars: | 2024-11-26 | by ( Ryan Pickrell | Mia Jankowicz | ) www.businessinsider.com time to read: +8 min

In the Ukraine war, drones are surveilling and striking enemy vehicles and troop positions. Four years ago, the SpaceX founder said a remotely controlled uncrewed fighter would be a better alternative to the F-35 and argued the future is autonomous drone warfare. AdvertisementIn the Ukraine war, drones have been a priority for combatants, but Ukraine still seeks Western fighter aircraft. Some former pilots and warfighting analysts say the US military should combine drones and crewed fighter aircraft. In this situation, uncrewed systems enhance crewed systems and vice versa.

Persons: Elon Musk, Eric Schmidt, Musk, SERGEI SUPINSKY, That's, Justin Bronk, Guy Snodgrass, Andrej Tarfila, Lockheed Martin, Mark Gunzinger, Bronk, Gunzinger Organizations: Army, Trump's Department, SpaceX, Getty, Royal United Services Institute, uncrewed, Lockheed, BI, US Air Force, Concepts, Mitchell Institute for Aerospace Studies Locations: Ukraine, Kyiv, Western, AFP

☆ Final Trades: Amazon, Charter, Lockheed Martin, Rockwell Automation
▼ + stars: | 2024-11-26 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trades: Amazon, Charter, Lockheed Martin, Rockwell AutomationThe Investment Committee give you their top stocks to watch for the second half.

Persons: Lockheed Martin Organizations: Charter, Lockheed, Rockwell Automation The Investment

☆ This $13 billion ETF that tracks high-momentum stocks just got a makeover. Here’s what changed
▼ + stars: | 2024-11-26 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The i Shares MSCI USA Momentum Factor ETF (MTUM) is an fund with more than $13 billion in assets under management, according to FactSet. The changes include adding AT & T , T-Mobile and Oracle , while removing Coca-Cola , Lockheed Martin and NextEra Energy , according to Harvey. "With the sector changes ... the largest factor changes in the new MTUM index include: (1) higher beta; (2) lower profitability; and (3) higher leverage," Harvey said. Other notable changes include the addition of AbbVie and the removal of Eli Lilly . How it works MTUM officially tracks the MSCI USA Momentum SR Variant Index, a tweaked version of MSCI's regular USA momentum index.

Persons: Wells Fargo's Christopher Harvey, Lockheed Martin, Harvey, Eli Lilly, MTUM, rebalance, Robert Hum, It's, it's Organizations: Mobile, Oracle, Lockheed, NextEra Energy, Beta Locations: BlackRock

☆ Image believed to show Amelia Earhart's plane was a rock formation, not crash site, company says
▼ + stars: | 2024-11-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +2 min

The company behind a search for pilot Amelia Earhart's possible crash site in the Pacific said a sonar image believed to resemble her plane turned out to be the sea floor's normal shapes. Marine robotics firm Deep Sea Vision said earlier this month on its social media accounts that imagery from an underwater drone deployed during the expedition turned out to show a "natural rock formation." The company, based in Charleston, South Carolina, did not immediately respond to a request for more information about its conclusion. Deep Sea Vision's Instagram page also featured a post this month of a branded T-shirt with the sonar image that states: "We find rocks." Romeo told CNN that the company hopes to return to the area to continue the search for Earhart's last location.

Persons: Amelia Earhart's, “, Earhart, Fred Noonan, Tony Romeo, Romeo Organizations: CNN Locations: Pacific, Charleston , South Carolina, Howland Island, Australia, Hawaii, Howland

☆ Elon Musk said the F-35's makers are 'idiots' for still building manned jets as drone tech rises
▼ + stars: | 2024-11-25 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

AdvertisementElon Musk criticized the F-35 program on Sunday. The GAO expects the F-35 program to cost about $2 trillion over its entire lifespan. The billionaire reposted a video montage of coordinated drone swarms on X, writing: "Meanwhile, some idiots are still building manned fighter jets like the F-35." Meanwhile, some idiots are still building manned fighter jets like the F-35 🗑️ 🫠pic.twitter.com/4JX27qcxz1 — Elon Musk (@elonmusk) November 24, 2024It's unclear if Musk intends to use his new position to impact any plans or costs for the F-35, the Pentagon's most expensive fighter program to date. AdvertisementMusk has said before that the US should consider remote-piloted alternatives to manned jets, both to keep up with the rise in drone warfare but also to help Air Force procurement stay competitive.

Persons: Elon Musk, Musk's, Trump, Donald Trump, emoji, Musk Organizations: GAO

☆ DOGE coming: Beware these stocks that get the most revenue from the government
▼ + stars: | 2024-11-24 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

Investors should be wary of the impacts several companies may bear from the cost-cutting goals of President-elect Donald Trump's Department of Government Efficiency, or DOGE, according to TD Cowen. "The announcement of DOGE has led to concerns about future revenue and profitability of USG [United States government] contractors," analyst Roman Schweizer said in a Friday note to clients. "It is too early to estimate potential negative impacts to USG contractors given the limited results of prior USG reforms, but cuts are possible and there will be uncertainty for several months." In an effort to find companies that have the most at stake under potential DOGE actions, TD Cowen identified the publicly traded government contractors with the highest amount of dollars obligated in fiscal year 2023, both overall and by individual federal department. Pharmaceutical giants such as Merck , Humana and Pfizer could also be impacted by potential DOGE cuts, as the firm found they receive large sums of money primarily through contracts with the Department of Health & Human Services.

Persons: Donald Trump's, TD Cowen, DOGE, Roman Schweizer, Elon Musk's, Vivek Ramaswamy's, Musk, Tesla, Ramaswamy, Lockheed Martin, Schweizer, headcount Organizations: Donald Trump's Department, Government, USG, United, Street, Trump, Congress, U.S, Northrop Grumman, Lockheed, Dynamics, Boeing, NASA, Department of Defense, Department of State . Defense, Leidos Holdings, DoD, Pharmaceutical, Merck, Humana, Pfizer, Department of Health & Human Services Locations: United States

☆ First-of-its-kind saber-toothed kitten mummy find is covered in soft fur
▼ + stars: | 2024-11-23 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

CNN —Woolly mammoths, giant sloths and saber-toothed cats were a fact of life for early humans. Fantastic creaturesScientists compared the mummified saber-toothed baby cat (top) with a modern lion cub (bottom). courtesy Prof. Alexey V. LopatinPaleontologists excavating in Russia’s Yakutia region uncovered the first known mummy of a saber-toothed cat. The well-preserved remains, uncovered in Siberian permafrost, are nearly intact, including surprisingly soft fur and even the “toe beans” — as cat lovers call feline footpads — on its front paws. The red supergiant star, called WOH G64, is about 160,000 light-years from Earth in the Large Magellanic Cloud, which orbits the Milky Way.

Persons: Alexey V, Homotherium latidens, Amelia Earhart’s, Earhart, ”, Tony Romeo, “, Ohnaka, Jacco van, Kelly, Zach Weinersmith, Elon, Blain, we’ve, Aviv, —, Ashley Strickland, Katie Hunt, Jackie Wattles Organizations: CNN, Lockheed, ESO, Keele Observatory, UK’s Keele University, Institut, la Vision, HCL, Human Cell, SpaceX, CNN Space, Science Locations: Russia’s Yakutia, Asia, Homotherium, Howland Island, Jacco van Loon, Mars, Paris, Lyon, England

☆ Amelia Earhart: Sonar imagery resembling missing plane was a rock formation
▼ + stars: | 2024-11-21 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +7 min

After returning to the site on November 1, Deep Sea Vision — an ocean exploration company based in Charleston, South Carolina, that captured the original sonar image — has identified the object to be a natural rock formation. The hunt for Earhart’s plane continuesThe rock formation was more than 16,000 feet (4,877 meters) underwater. The team sent out the AUV directly above the site in early November, producing a high-resolution image of the rock formation. After the anxious wait, the image surprisingly revealed that the object was a natural rock formation, he said. When Deep Sea Vision first announced the anomaly, Jourdan cautioned against using sonar imagery to identify anything on the seafloor.

Persons: Amelia Earhart, Earhart, Electra, ”, Tony Romeo, “, ” Romeo, Romeo, shouldn’t, Nauticos, David Jourdan, Jourdan, ” Jourdan, ” Amelia Earhart, Fred Noonan, Dorothy Cochrane, Cochrane Organizations: CNN, Lockheed, US Air Force, Vision, Smithsonian National Air and Space Museum Locations: Charleston , South Carolina, Kennebunkport , Maine, Lae, Papua New Guinea, Howland

☆ First ATACMS, now Storm Shadows: long-range Western missiles are raining down on Russia for the first time
▼ + stars: | 2024-11-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

AdvertisementUkraine has long been restricted from using Western missiles to strike inside Russia. Kyiv has since used both ATACMS and Storm Shadow missiles to hit targets on Russian soil. Ukraine is finally using its powerful, longer-range Western missiles to strike targets inside Russia after waiting over a year for permission. AdvertisementUkraine fired a volley of at least 10 Storm Shadow missiles into Russia, The Wall Street Journal reported, citing Ukrainian and Western officials. Ukraine long pressed its Western partners to allow it to fire Storm Shadow missiles across the border into Russia.

Persons: Joe Biden, Lockheed Martin, Volodymyr Zelenskyy, JUSTIN TALLIS, Donald Trump Organizations: Storm, Street Journal, UK, Storm Shadow, North Korean, Defense Express, Euromaidan Press, NATO, Army Tactical Missile Systems, Ukraine's, Artillery, South Korean Defense Ministry, Getty, MBDA, Ukraine, Shadow, US, White Locations: Ukraine, Russia, Kyiv, Russia's, Bryansk, Russia's Kursk Oblast, Kursk, Britain, France, North Korea, Russia's Kursk, Ukrainian

☆ Ukraine says Russia's unstoppable hypersonic missiles had another bad night
▼ + stars: | 2024-11-19 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

AdvertisementUkraine said it destroyed nearly all the hypersonic missiles that Russia fired in a big weekend attack. The Ukrainian military said it destroyed nearly all of the hypersonic missiles Russia launched as part of a massive bombardment over the weekend. The purported success of Ukraine's air defenses during the engagement marks the latest blow to the reputation of Russian hypersonic weapons, which Moscow has touted as highly advanced systems that are basically unstoppable. AdvertisementUkraine has several air-defense systems that it says are capable of taking down Russia's hypersonic missiles, including the French/Italian-made SAMP-T and American-made MIM-104 Patriot battery. The Kiel Institute for the World Economy, a German research institute, notes that data on hypersonic missile interception rates is scarce.

Persons: Vladimir Putin, Gorshkov, SERGEI SUPINSKY, Oleksandr Syrskyi, Syrskyi, Lockheed Martin Organizations: Russia, Russian Ministry of Defense, Russian, NATO, Getty, Kyiv, Kiel Institute Locations: Ukraine, Russia, Moscow, Russian, Kyiv, AFP

☆ Goldman warns these defense stocks could take a hit from Trump spending cuts
▼ + stars: | 2024-11-19 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

Shares of some aerospace and defense companies could fall under added pressure from President-elect Donald Trump's reduced government spending plans. Goldman is forecasting that the U.S. defense budget will soon flatten out and then decline, partly given that it's at an all-time high and that current geopolitical conflicts could potentially be met with a resolution. "Defense spending cycles up and down over time, and can be vulnerable to efforts to reduce total government spending." Poponak noted that although Trump has expressed broad support for the U.S. military and Department of Defense, any cost-cutting effort could still be a blow for the national defense budget. "Lower defense spending would flow to government IT to some degree.

Persons: Donald Trump's, Goldman, Government Effiency, wouldn't, Noah Poponak, Poponak, Trump, Lockheed Martin, Northrop, Huntington Ingalls, Booz Allen Hamilton Organizations: Government, Department of Defense, DoD, U.S ., Lockheed, Northrop Grumman, L3Harris Technologies, Huntington Ingalls Industries, Northrop, Leidos Holdings, U.S . Aerospace & Defense, Invesco Aerospace & Defense Locations: U.S

☆ Mahn: NVIDIA proves the A.I. revolution is alive
▼ + stars: | 2024-11-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMahn: NVIDIA proves the A.I. revolution is aliveKevin Mahn, President & CIO of Hennion & Walsh, is optimistic about the transition to lower interest rates and sees strong potential in U.S. and developed markets. He recommends Lockheed Martin and Howmet Aerospace, expecting growth from rising defense spending.

Persons: Kevin Mahn, Walsh, Lockheed Martin Organizations: NVIDIA, Hennion, Lockheed, Howmet Aerospace

☆ Norwegian F-35s called into action after Russian aircraft spotted off Norway and over Baltic Sea
▼ + stars: | 2024-11-15 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +2 min

AdvertisementNATO scrambled jets to respond to Russian aircraft "not adhering to international norms" this week. Italy's air force intercepted a Russian Coot-A aircraft over the Baltic Sea, NATO Air Command said. Norwegian F-35s identified multiple Russian aircraft off the coast of Norway, it added. Norwegian F-35s were called into action on Tuesday as NATO scrambled jets in response to Russian aircraft "not adhering to international norms," NATO's Air Command said in a post on X.Italy's air force intercepted a Russian Coot-A plane flying over the Baltic Sea, while the Norwegian F-35s identified multiple Russian aircraft off the coast of Norway, NATO Air Command said. In July, Russian fighter jets scrambled to intercept two US Air Force B-52H bombers approaching Russia's border, the Russian Ministry of Defense said at the time.

Persons: Henrik Omtvedt Jenssen, Jenssen, Lockheed Martin Organizations: NATO, NATO Air Command, Command, Norwegian Armed Forces, NRK, Russian, Royal Air Force, British Ministry of Defence, BBC, Typhoons, US Air Force, Russian Ministry of Defense, Lockheed, Kongsberg Defence, Aerospace Locations: Russian, Baltic, Norwegian, Norway, Russia, State, Kongsberg

☆ Every kind of F-35 has now seen combat after a carrier-based stealth fighter struck the Houthis
▼ + stars: | 2024-11-13 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

AdvertisementThe Pentagon said F-35C stealth aircraft took part in strikes against the Houthis last weekend. The aircraft carrier-based variant of the F-35 stealth fighter made its combat debut during recent American military airstrikes against the Iran-backed Houthi rebels, a US defense official confirmed to Business Insider on Wednesday. AdvertisementA US defense official said that mission was the first operational combat flight by the F-35C, meaning all three variants of the aircraft have now seen combat. The F-35 Lightning II is a single-engine, multi-role strike stealth fighter jet made by American defense company Lockheed Martin. Aircraft from USS Abraham Lincoln (CVN 72) support operations against Iran-backed Houthis in the U.S. Central Command area of responsibility.

Persons: Abraham Lincoln, Lockheed Martin, 8Y4yqsAepd, Carl Vinson, Pat Ryder, Seaman Nathaly Cruz, Ryder Organizations: Pentagon, Business, Lockheed, The Air Force, Marine Corps, Navy, Aircraft, U.S . Central Command, Taliban, ISIS, Fighter Attack Squadron, EA, Pentagon Press, Air Force, Marine Fighter Attack Squadron, US Navy, Communication, Monday Locations: Iran, Yemen, American, U.S, Afghanistan, Iraq, Gulf of Aden, Mandab, Syria

☆ Chinese military displays upgraded Z-20 helicopter at Zhuhai air show
▼ + stars: | 2024-11-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

The Pentagon’s latest public report on China’s military modernization, released in October 2023, noted a naval version of the Z-20 was under development. The exhibition showcases the latest in Chinese military aviation, some seen for the first time in public. He said he expected the Z-20 to soon become the standard naval and anti-submarine helicopter, given its ability to land on ships ranging from corvettes and destroyers to aircraft carriers. Tuesday’s display followed state media reports in May that the Z-20 now had an assault capability and that anti-submarine versions were being developed. In its latest annual assessment of international military deployments, the London-based International Institute for Strategic Studies notes that China has fielded 15 Z-20 helicopters for search and rescue work.

Persons: Hector Retamal, Navy’s, Collin Koh, ”, Koh, Lockheed Martin, “ Organizations: U.S . UH, Pentagon, People’s Liberation Army, Getty, PLAN, Rajaratnam, of International Studies, Professional Journal, U.S, Sikorsky Aircraft, Lockheed, Institute for Strategic Studies Locations: HONG KONG, Zhuhai, China, AFP, Singapore, Beijing, Taiwan, London

☆ China just showed off its answer to America's F-35 stealth fighter — the new J-35A
▼ + stars: | 2024-11-12 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

China showed off its new stealth aircraft, including the fifth-gen J-35A. AdvertisementChina just debuted its newest fifth-generation stealth aircraft, which appears to be its answer to the American F-35. Related storiesFor stealth fighters, the US has the F-22 Raptor and F-35, and the latter is used by allies around the world. Among stealth aircraft, there are also stealth bombers like the American B-2 Spirit and B-21 Raider and a number of stealth drones. Stealth aircraft have features to reduce or obscure their signature on radars, making them difficult to detect.

Persons: —, Lockheed Martin, Wang Yongqing, Wang, Maj, Gina Sabric, Roger Wicker, Eric Schmitt Organizations: Service, China International Aviation, Aerospace, People's Liberation Army News Communication, Shenyang Aircraft Design, Aviation Industry Corporation of China's Shenyang Aircraft Corporation, Pentagon, Air Force, Air and Space Forces Association's Air, Cyber Conference, 10th Air Force, Getty, US, US Air Force, Stealth, Taiwan Locations: China, Zhuhai, Russia, Pacific, Taiwan

☆ New French Mirage fighter jets could help Ukraine skirt one of the biggest roadblocks for the F-16 program
▼ + stars: | 2024-11-12 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +7 min

France also said it was training Ukrainian pilots. That's a big benefit, experts said, as the F-16 training program keeps being delayed. AdvertisementFrance's plan for getting Ukraine new Western fighter jets could help it skirt a big issue facing the F-16 program. Ukrainian President Volodymyr Zelenskyy stands against the background of Ukraine's Air Force's F-16 fighter jets in an undisclosed location in Ukraine. The Ukrainian Air Force's F-16 fighter jets fly in an undisclosed location in Ukraine.

Persons: —, Sébastien Lecornu, Gordon, Skip, Davis, Lockheed Martin, Volodymyr Zelenskyy, it's, Michael Bohnert, George Barros, Barros, Lecornu, Tim Robinson, Bohnert, Denmark — that's, Abrams, Robinson Organizations: Service, Ukraine, Ukraine Mirage, US Army, Lockheed, Politico, Street, AP, Pravda, RAND Corporation, Mirage, Institute for, Dassault Aviation, La Tribune, Ukrine's, Ukrainian, UK's Royal Aeronautical Society Locations: Ukraine, France, Ukrainian, Western, Russia, Nancy, US, Denmark, Romania, Soviet, Norway, Belgium, Netherlands

☆ China's big air show opened with a glitzy aerial display of its fighters, but crowds couldn't see much in the smog
▼ + stars: | 2024-11-12 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

China's hyped air show kicked off with performances from its aerobatics team on Tuesday. But the grand display was dampened by smog filling the skies over Zhuhai, Guangdong. AdvertisementChina's biggest air exhibition opened on Tuesday to smoggy skies obscuring an intricate aerobatics performance meant to display the country's aircraft to the world. In its first official public appearance, the J-35A flew briefly at the opening in Zhuhai, climbing into the hazy sky. The smoggy opening also comes as China has sought to shed the reputation of its cities as being wracked by air pollution.

Persons: —, Sp0wzC4wWm —, Lockheed Martin's, COMAC Organizations: Service, Liberation Army Air Force, Sp0wzC4wWm — Reuters, Red Falcon, Lockheed, Boeing, University of Chicago, WHO Locations: Zhuhai, Guangdong, China

☆ Taiwan wants to buy F-35 fighter jets and Patriot missiles to show Trump it's serious: report
▼ + stars: | 2024-11-11 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +5 min

The package could include 60 F-35 fighter jets and 400 Patriot missiles, the FT reported. According to the Financial Times, the package could include 60 F-35 fighter jets, four Advanced Hawkeyes, 10 retired warships, and 400 Patriot missiles. "Taiwan is thinking about a package to show that they are serious," one former Trump administration official told the Financial Times. Blandin added that it's highly unlikely the US would send troops to defend Taiwan in the event of a Chinese attack. AdvertisementIn 2022, Biden vowed to defend Taiwan in case of a Chinese attack.

Persons: Donald Trump, —, Trump, Benjamin Blandin, Blandin, Sari Arho Havrén, Biden, Karoline Leavitt Organizations: Patriot, Service, Financial Times, Hawkeyes, Lockheed, Aegis, Business, Reuters, Institute for Economics, Peace, Bloomberg, Yokosuka Council, Pacific Studies, Trump, Taiwan, Royal United Services Institute, Air Missile Systems, White, British Locations: Taiwan, China, United States, Yokosuka, Asia, Singapore, Philippines, London, Taipei

☆ Final Trades: Salesforce, Lockheed Martin, Interactive Brokers and the IJR
▼ + stars: | 2024-11-11 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trades: Salesforce, Lockheed Martin, Interactive Brokers and the IJRThe Investment Committee give you their top stocks to watch for the second half.

Persons: Lockheed Martin Organizations: Interactive, Investment

☆ The US needs ammunition for its next big war — a lot of it
▼ + stars: | 2024-11-09 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

The US has sent Ukraine and Israel billions of dollars worth of ammunition in recent years. The wars in Ukraine and the Middle East show the US how much ammo it will need for its next big war. Beyond the ammunition, the US has also sent Ukraine a significant amount of armored vehicles, air-defense systems, drones, anti-tank weapons, small arms, and more. Given Beijing's formidable arsenal of anti-ship missiles, Navy vessels would need to be well-armed with interceptors to take down these threats and defend American assets in the Pacific. The US has transferred Patriot batteries and their associated interceptor missiles to Ukraine, where they have gotten a workout against Russian missiles.

Persons: —, Bradley Martin, Biden, Dwight D, Eisenhower, Mark Cancian, Martin, Alexandra Shea, Lockheed Martin Organizations: US, Service, Factory, AP, Pentagon, Brown University, US Navy, Navy, US Marine Corps, Center for Strategic, International, RAND, US Army, Pacific . Officials, Russian, Ship Locations: Ukraine, Israel, Red, Navy, Russia, Ukrainian, Iran, Yemen, Gulf of Aden, Iranian, China

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