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U.S. orders antiviral drugs worth $138 million from SIGA Tech
  + stars: | 2023-07-27 | by ( ) www.reuters.com   time to read: +1 min
Companies SIGA Technologies Inc FollowJuly 27 (Reuters) - SIGA Technologies Inc (SIGA.O) on Thursday said it has won a new contract for its antiviral drug, Tpoxx, from the U.S. Department of Health and Human Services, sending the company's shares up about 20% after the bell. The order is for delivery of about $113 million worth of oral Tpoxx treatment courses and about $25 million worth of the intravenous formulation of the treatment, SIGA said. SIGA expects to fully deliver the order of oral Tpoxx drugs in 2023 and expects to start delivering IV TPOXX in 2024. Prior to the delivery of the IV drugs, it will focus on fulfilling a prior IV order, the company said. The U.S. Centers for Disease Control and Prevention expanded its use to help tackle the spread of mpox in 2022.
Persons: SIGA, Phil Gomez, Sriparna Roy, Devika Organizations: SIGA Technologies, U.S . Department of Health, Human Services, U.S . Food, Drug Administration, U.S . Centers for Disease Control, U.S . Department of Defense, World Health Organization, Thomson Locations: mpox, Bengaluru
WASHINGTON, July 26 (Reuters) - Ukraine's counteroffensive is "not a stalemate" even if it is not progressing fast enough, White House national security spokesman John Kirby told reporters on Wednesday. Kirby made the remarks when asked about the pace of Ukraine's counteroffensive in a press briefing. The White House national security spokesman said Washington would "make sure that they (Ukrainians) have the kinds of tools and capabilities they need to stay on the move." The U.S. Department of Defense announced $400 million in additional security assistance for Ukraine earlier this week, including air defense missiles, armored vehicles and small drones. Reporting by Kanishka Singh and Trevor Hunnicutt in Washington; Editing by Heather Timmons and Grant McCoolOur Standards: The Thomson Reuters Trust Principles.
Persons: John Kirby, Kirby, Zelenskiy, it's, They're, Washington, Antony Blinken, Kanishka Singh, Trevor Hunnicutt, Heather Timmons, Grant McCool Organizations: White House, U.S . Department of Defense, Thomson Locations: United States, Ukraine, Russia, Washington
July 26 (Reuters) - Weapons maker Lockheed Martin (LMT.N) has been awarded a contract by a U.S. Department of Defense agency to develop a nuclear-powered spacecraft for the purposes of exploration and national defense, the company said on Wednesday. Lockheed Martin said the project is an advancement in propulsion technology – from chemical propulsion engines to nuclear thermal propulsion (NTP) engines. "These more powerful and efficient nuclear thermal propulsion systems can provide faster transit times between destinations. The Defense Advanced Research Projects Agency (DARPA) awarded the contract to Lockheed under a project called Demonstration Rocket for Agile Cislunar Operations (DRACO). The in-space flight demonstration of a nuclear thermal rocket engine vehicle will take place no later than 2027, Lockheed said.
Persons: Lockheed Martin, Jeff Bezos, Kirk Shireman, Kannaki, Shailesh Organizations: Lockheed, U.S . Department of Defense, Origin, Elon, SpaceX, Lunar, Lockheed Martin Space, Research Projects Agency, DARPA, Agile Cislunar, Thomson Locations: Bengaluru
A House Oversight subcommittee convened Wednesday’s hearing on UFOs, as the lawmakers who pushed for the hearing are calling for the government to be more forthcoming about the unidentified anomalous phenomena. The hearing is the latest push by lawmakers, intelligence officials and military personnel working on unexplained aerial phenomena to probe the issue on a national platform. “This is an issue of government transparency,” said Rep. Tim Burchett, a Tennessee Republican who pushed to hold Wednesday’s hearing. We’re going to uncover the cover up, and I hope this is just the beginning of many more hearings.”No government officials testified at Wednesday’s hearing. Lawmakers have pressed the Department of Defense on the sightings, describing them as potential national security threats.
Persons: CNN —, , Ryan Graves, Graves, David Fravor, David Grusch, ” Fravor, Tim Burchett, “ We’re, … We’re, Sean Kirkpatrick, Kirkpatrick, , Robert Garcia of, Garcia, Jared Moskowitz, ” Moskowitz, ” Graves Organizations: CNN, Navy, Safe Aerospace, US Navy, Air Force, Tennessee Republican, Department of Defense, Democratic, Florida Democrat, House Intelligence Locations: Robert Garcia of California, Florida
The 100-member Senate backed the amendment to the National Defense Authorization Act (NDAA) by 91 to 6. The NDAA sets policy for the Department of Defense and is expected to become law later this year. "We need this type of outbound investment notification to understand just how much... critical technology we are transferring to our adversaries via these capital flows. The Senate bill must then be reconciled with a bill passed in the House of Representatives earlier this month. That compromise measure must pass both chambers and be signed by President Joe Biden to become law.
Persons: Bob Casey, Republican John Cornyn, Casey, Joe Biden, Patricia Zengerle, Jamie Freed Organizations: U.S, Senate, National Defense, Department of Defense, Congress, Democratic, Republican, Thomson Locations: China
The new aid package, which was first reported by Reuters, will include for the first time U.S. furnished Black Hornet surveillance drones made by Teledyne FLIR Defense, part of Teledyne Technologies (TDY.N). The Norwegian-built Hornet is being used in Ukraine through donations by the British and Norwegian governments, the company said. More than $43 billion in U.S. military aid has been provided since Russia's invasion in 2022. Commenting on the aid announcement, Secretary of State Antony Blinken noted Russia's attacks on Ukraine ports and Ukrainian infrastructure since withdrawing from the Black Sea Grain Initiative last week. The Black Sea grain deal was brokered by the United Nations and Turkey a year ago to combat a global food crisis worsened by Russia's invasion.
Persons: Russia grinds, Antony Blinken, Blinken, Mike Stone, Patricia Zengerle, Ismail Shakil, Katharine Jackson, Matthew Lewis, Grant McCool Organizations: U.S . Department of Defense, Ukraine, Reuters, Teledyne FLIR Defense, Teledyne Technologies, British, Systems, U.S . Army, Patriot, Air Missile Systems, High Mobility Artillery Rocket Systems, Stryker, Carriers, Authority, United, European Union, Thomson Locations: Russia, Norwegian, Ukraine, United States, United Nations, Turkey, Britain, Washington, Ottawa
“We’re horrified that something like this could happen, not only to us, but to anyone,” Saffrine Duggan told her supporters. Former US fighter pilot Daniel Duggan is in custody in Australia pending extradition to the US on charges including that he trained Chinese military pilots. Courtesy Saffrine DugganTraining Chinese pilotsDuggan doesn’t deny training Chinese pilots, but he maintains they were civilians – plane enthusiasts seeking to improve their skills or prospective members of China’s then rapidly expanding aviation industry. And a spokesperson for New Zealand’s Defence Force confirmed to Reuters that four of its former military pilots had been recruited by the company. It’s the wrong type of approach and landing.”In its statement to CNN, TFASA denied teaching aircraft carrier approach and landing techniques to Chinese military pilots.
Persons: Daniel Duggan, Duggan, Duggan’s, , , Saffrine, “ We’re, ” Saffrine Duggan, Paul Devitt, Duggan –, , ” Duggan, Saffrine Duggan, TFASA, they’re, Duggan doesn’t, China’s, Glenn Kolomeitz, ” “ Dan, Richard Marles, It’s, Constant, Daniel Duggan's, Mike Burgess, Ben Hancock, ” Hancock, Hancock, hasn’t, Dan didn’t, “ TFASA, he’s, Xi Jinping, reunify, Joe Biden, Ng Han Guan, Xi, Donald Trump, “ Don’t Organizations: Australia CNN —, Marine Attack Squadron, Intelligence, Security, Australian Security Intelligence Organisation, Lithgow Correctional Centre, Australian Broadcasting Corporation, ABC, US Marines, US State Department, of Defense Trade, Test Flying Academy of South, CNN, TFASA, Embassy, Former, Saffrine Duggan Training, Australian Defence Force, RAF, UK Defence Ministry, UK Armed Forces, Australia’s, New Zealand’s Defence Force, Reuters, Marles, ASIO, Buckeye, Marine Corps, US Navy, Aircraft, Training Squadron, US Department of Defense, Harrier, Getty, Pacific Locations: Brisbane, Australia, United States, Yuma , Arizona, China, Beijing, Lithgow, Sydney, Australian, Test Flying Academy of South Africa, Tasmania, South Africa, Former US, New South Wales, Persian, Asia, Townsville, Pensacola, Fla, Western, Taiwan, AFP
Beijing views Washington as bent on suppressing its development and global rise, while Washington has proclaimed the need to protect its national security and the world order from an increasingly authoritarian and assertive China. Washington last year imposed sweeping curbs on exports of critical technology to China in the name of security, and Beijing has responded with export controls of its own. China has refused US overtures to restore those ties, apparently until Washington removes sanctions against its defense minister Li Shangfu. US climate envoy John Kerry during a meeting with top Chinese diplomat Wang Yi in the Great Hall of the People on July 18, 2023 in Beijing, China. But all this doesn’t mean there’s no room to work together, according to Shanghai-based international relations scholar Shen Dingli.
Persons: Nancy Pelosi, Xi Jinping, Joe Biden, Antony Blinken, Janet Yellen, John Kerry, Li Qiang, Wang Yi, , , Chong Ja Ian, , Suisheng Zhao, Kerry, Wang, ” Yellen, Li, Li Shangfu, Shi Yinhong, Florence Lo, Shen Dingli, ” Shen, Shen, Blinken, ” Blinken, Xi, Qin Gang, Yun Sun, Chong Organizations: Hong Kong CNN, Washington, US, Treasury, National University of Singapore, US Air Force, Air Force, South Carolina . U.S . Air Force, Department of Defense, Reuters, Center for, Cooperation, University of Denver, China’s Communist Party, Renmin University, of, CNN, , Economic Cooperation, Foreign, China Program, Stimson, Locations: Hong Kong, Beijing, Ukraine, United States, China, Taiwan, Bali, , South Carolina . U.S, Washington, Center for China, South, Shanghai, Asia, Singapore
Pentagon officials had widely expected the nomination to go to Admiral Samuel Paparo, who leads the Navy in the Pacific and who has experience grappling with the growing challenge from China. "Throughout her career, Admiral Franchetti has demonstrated extensive expertise in both the operational and policy arenas," Biden said in a statement, noting that she was the second woman ever to achieve the rank of four-star admiral in the U.S. Navy. Last year, Biden picked Admiral Linda Fagan to lead the U.S. Coast Guard, making her its first female commanding officer. Franchetti would become the first woman to lead a military service within the Defense Department and to join the Joint Chiefs of Staff, a group of eight top uniformed service members who advise the president on military issues. Biden also elevated Paparo, nominating him to become the commander of all U.S. military forces in the Pacific.
Persons: Andrew Kelly, Joe Biden, Lisa Franchetti, Biden, Samuel Paparo, Franchetti, Admiral Franchetti, Linda Fagan, Stephen, Koehler, Paparo, Tommy Tuberville, Charles " C.Q, Brown, Tuberville, Steve Holland, Phil Stewart, Jasper Ward, Rami Ayyub, Sharon Singleton, Rosalba O'Brien Organizations: U.S . Marines, U.S . Navy, U.S . Navy Wasp, Fleet, REUTERS, WASHINGTON, Navy, Joint Chiefs, Staff, Pentagon, Pacific, U.S . Naval Forces Korea, U.S . Coast Guard, Department of Defense, Department of Homeland Security, Defense Department, Joint Chiefs of Staff, U.S . Pacific Fleet, Senate, Air Force, Marine Corps, United States Armed Forces, Thomson Locations: U.S, Bataan, New York, China
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
July 20 (Reuters) - Reliable Robotics, a Silicon Valley startup aiming to automate conventional fixed-wing planes, has received approval from the Federal Aviation Administration to proceed with its plan to test and certify fully automated aircraft systems, the company said on Thursday. "We want to be on multiple aircraft frames (and) sell into multiple markets," including cargo and military applications, said Rose, a former executive with Tesla(TSLA.O) and SpaceX. NASA is also working with Reliable systems engineers on advanced air mobility research, and said test data will be used to evaluate flight path procedures for future aircraft. Reliable raised $100 million from investors in October 2021, and Rose said the company, while not actively fundraising, "will definitely require some additional capital". He said he expects to see Reliable's automated systems installed on passenger aircraft by the end of the decade, capping a decade's worth of testing and certification.
Persons: Robert Rose, Rose, Tesla, Paul Lienert, Mike Harrison Organizations: Federal Aviation Administration, SpaceX, U.S . Department of Defense, KC, Boeing, NASA, Thomson Locations: , California, Detroit
Municipal Credit Union Personal Loan DetailsMunicipal Credit Union offers personal loans for a variety of purposes. See our picks for the best debt consolidation loans »Municipal Credit Union Personal Loan Pros and ConsPros Cons Excellent rates. Municipal Credit Union TrustworthinessMunicipal Credit Union has an A+ rating from the Better Business Bureau, a nonprofit organization focused on consumer protection and trust. Municipal Credit Union Personal Loans CompetitorsMunicipal Credit Union Personal Loans vs. First Tech Personal LoansFirst Tech Personal Loan and Municipal Credit Union have similar minimums. Municipal Credit Union Personal Loans vs. Navy Federal Personal LoansYou can get the smallest loan amount with Navy Federal Credit Union Personal Loan, as the credit union offers loans as small as $250Navy Federal has more stringent membership requirements than Municipal Credit Union, as you only qualify if you are an active military member, veteran, or employee or retiree of the Department of Defense.
Persons: You'll, you'll, Formally, Municipal Credit Union hasn't Organizations: Municipal Credit, Credit, Municipal Credit Union, New, Loan, Municipal, Chevron, Union, Better Business Bureau, BBB, First Tech, Financial, Navy, Navy Federal Credit, Federal, Department of Defense Locations: New York, New York City, York, Oregon
Universum, an employer branding agency, released its ranking of which places engineering students most hope to work for. According to this year's results, 20.6% of engineering students said Lockheed Martin is one of the places they most want to work for. It moved up three spots, after 17.4% of engineering students chose it as an ideal employer for themselves last year. Roughly 5% of engineering students view it as one of their ideal employers. The percentages below are of the share of engineering students who named that employer as an one of their ideal places to work.
Persons: Lockheed Martin, Universum Organizations: SpaceX, Service, Lockheed, Apple, General Motors, Toyota, Department of Defense, Benz Group Locations: Wall, Silicon
WASHINGTON, July 18 (Reuters) - The United States will announce a new pledge to buy $1.3 billion worth of military aid for Kyiv in its conflict with Russia in the coming days, two U.S. officials said. The previously unreported weapons package includes air defenses, counter-drone systems, exploding drones and ammunition, one of the U.S. officials said. The United States is using funds in its Ukraine Security Assistance Initiative (USAI) program, which allow President Joe Biden's administration to buy weapons from industry rather than pull from U.S. weapons stocks. The Pentagon has provided more than $10.8 billion in security assistance for Ukraine under the USAI in fiscal 2023, in seven separate tranches. Reporting by Mike Stone in Washington Editing by Don Durfee and Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.
Persons: Joe Biden's, AVEVEX, Australia's DroneShield, Washington, Mike Stone, Don Durfee, Angus MacSwan Organizations: Kyiv, Ukraine Security Assistance Initiative, L3Harris Technologies, AeroVironment Inc, U.S . Department, Ukraine Defense Contact, Pentagon, Thomson Locations: United, Russia, United States, Ukraine, U.S, Kyiv, California, Washington
Earlier Tuesday, DeSantis said that Trump “could’ve come out more forcefully” to stop the insurrection on January 6, 2021. DeSantis told Tapper on Tuesday that he has the resources to compete in the face of reports from over the weekend about his financial position. About 90 people were on the DeSantis campaign payroll during the second quarter. Over the weekend, a spokesperson for DeSantis’ campaign confirmed to CNN it let go of some staffers, after Politico reported that “fewer than 10 staffers” in event planning were cut on Thursday. “I would respect everybody, but what I wouldn’t do is turn society upside down to be able to accommodate, which is a very, very small percentage of the population,” DeSantis told CNN.
Persons: Ron DeSantis, CNN’s Jake Tapper, Donald Trump, DeSantis, “ They’ve, I’ve, ” DeSantis, , Tapper, , , wokeness can’t, could’ve, Trump, he’s, Jack Smith, Jason Miller, ” Miller, I’m, South Carolina Sen, Tim Scott, Vivek Ramaswamy, Chris Christie, “ We’re, they’re Organizations: CNN — Gov, US Department of Defense, wokeness, GOP, Trump, CNN, Florida Republican, Pacific, Republican, University of New, South Carolina, New, New Jersey Gov, Politico, Republican Party Locations: Ukraine, Florida, , West Columbia, Tallahassee, Europe, Asia, China, , Taiwan, South Carolina, University of New Hampshire, Republican New Hampshire, South, New Jersey, Granite State, Iowa
A US soldier crossed the border from South Korea into North Korea on Tuesday. The soldier, identified as Travis King, was also in trouble with the US military, according to reports. The soldier, initially identified as a junior enlisted named Travis King, was also in trouble with the US military, according to reports. US officials told CBS News that the soldier was being flown back to the US from South Korea for disciplinary reasons. The Washington Post reported that the soldier was punished for some kind of misconduct while serving in South Korea.
Persons: Travis King, didn't, Defense Lloyd Austin, Austin Organizations: Service, Army, CBS News, Military, Reuters, Washington Post, Washington, US State Department, Department of Defense, Defense Department, Pentagon, Defense, United Nations Command, Security Area, UN Command, Korean People's Army Locations: South Korea, North Korea, Wall, Silicon
Mines cause more wounds among troops than artillery, a Ukrainian medic told the NYT. At the same time, fiberglass rods are used instead of metal detectors to find electrically triggered mines, Insider previously reported. Wounds caused by plastic mines are particularly difficult to treat, as medics cannot locate where plastic shrapnel is embedded in the body using traditional methods like X-rays. Russian troops aren't the only ones deploying antipersonnel mines as they continue their invasion of Ukraine. Insider previously reported Human Rights Watch this month urged Ukrainian officials to investigate reports of butterfly mines being used against Russian soldiers.
Persons: Valery Zaluzhny, Maksym Prysyazhnyuk, Prysyazhnyuk, Mark Kimmitt Organizations: Service, Washington, Troops, Mines, New York Times, Times, Ukraine's Ministry of Defense, of, Russian Federation, United States Department of Defense, United Nations Commission, Rights Locations: Ukraine, Ukrainian, Wall, Silicon, Brig
U.S. White House national security adviser Jake Sullivan speaks at a press briefing at the White House on Dec. 12, 2022. A "small group" of House Republicans have "essentially created a trap" by loading the National Defense Authorization Act with a wide array of domestic-focused amendments, U.S. national security advisor Jake Sullivan said Sunday. "This should be an area where politics stops and national security starts." Sullivan was referring to myriad amendments put forward by House Republicans. Those include efforts that would end various diversity initiatives within the Defense Department, would limit active-duty transgender servicemembers from accessing gender-affirming care, and perhaps most controversially, would prevent the Defense Department from reimbursing or paying for abortion-related expenses for active-duty servicemembers.
Persons: Jake Sullivan, Sullivan Organizations: White House, White, House Republicans, Defense, Defense Department, Department of Defense, Senate, Democratic Locations: U.S
The fiscal 2024 National Defense Authorization Act, or NDAA, which sets policy for the Pentagon and authorizes $886 billion in spending, was approved 219-210. The vote was largely along party lines, a departure from the typical bipartisan support for a bill that has passed every year since 1961. The House voted 221 to 213 for an amendment that would reverse the Defense Department's policy of reimbursing expenses for service members who travel to obtain an abortion. The House also voted 222-211 to prohibit the Pentagon from paying for gender-affirming surgeries and hormone treatment. UPCOMING SENATE DEBATEHouse Republicans were able to pass their amendments without Democratic support, but such provisions would die in the Senate, where President Joe Biden's fellow Democrats hold a 51-49 majority.
Persons: Wade, Barry Loudermilk, Adam Smith, Joe Biden's, Marjorie Taylor Greene, Patricia Zengerle, Richard Cowan, David Morgan, Ismail Shakil, David Gregorio Our Organizations: U.S . House, Department of Defense, Republicans, Pentagon, Republican, U.S, Supreme, House Republicans, House Armed Services Committee, Democratic, Senate, eventual, Ukraine, Thomson Locations: China, Ukraine, Russia
9 Democrats voted for an amendment to block "race-based theories" from schools run by the military. GOP Rep. Chip Roy gloated that those Democrats were "feeling heat from their own constituents." The amendment passed and was added to the NDAA, which cleared the House on Friday morning in a mostly party-line vote. Two of them, Perez and Golden, recently voted to block President Joe Biden's student debt relief plan. "I think that's an appropriate affirmation for military schools at a time when both the military and schools are under increasing political pressure from bad actors on the right," he added.
Persons: Chip Roy gloated, Jake Auchincloss, Chip Roy, Roy, Massachusetts Henry Cuellar, Massachusetts Henry Cuellar of Texas Jared Golden, Maine Seth Moulton of, Maine Seth Moulton of Massachusetts Wiley Nickel, Carolina Chris Pappas, New Hampshire Marie Gluesenkamp Perez, Washington Kim Schrier, Perez, Joe Biden's, Nickel, , Auchincloss, Moulton Organizations: GOP, Democratic, Service, Nine, Republican, Caucus, National Defense, Department of Defense Education, Carolina, Washington, Republicans, Senate Locations: Wall, Silicon, Texas, United States, Massachusetts, Massachusetts Henry Cuellar of Texas, Maine Seth Moulton of Massachusetts, New Hampshire, Moulton, America
CNN —House Speaker Kevin McCarthy faces a challenge Friday morning: A razor thin margin to get a must-pass defense policy bill over the finish line with a majority of Democrats signaling they cannot support the version of the legislation crafted by conservative Republicans. The bill – known as the National Defense Authorization Act – sets the policy agenda and authorizes funding for the Department of Defense. If they lose that many members, it would greatly increase the prospects that Republicans could muscle the bill through. Without Democratic support, Republicans will need to wrangle nearly every member of the GOP conference in order to get the bill over the finish line. Many Democrats made clear ahead of the vote that if the amendment was included as part of the defense bill, they would be unlikely to support final passage.
Persons: Kevin McCarthy, Ralph Norman, GOP Sen, Tommy Tuberville, Lauren Boebert’s, Marjorie Taylor Greene Organizations: CNN —, Republicans, National Defense, Department of Defense, Democratic, GOP, Rep, Republican Locations: lockstep, South Carolina, Colorado, Ukraine, Georgia
Rep. Ronny Jackson (R-TX) speaks during a press conference on the National Defense Authorization Act (NDAA) with members of the House Freedom Caucus on July 14, 2023 in Washington, DC. The House narrowly passed an annual defense policy bill on Friday after Republicans added provisions on abortion and transgender surgeries — measures that were a nonstarter for Democrats. The amendments, adopted Thursday, would ban the secretary of defense from paying for or reimbursing service members for abortion-related expenses and transgender surgeries and hormone treatments. House Democratic leaders said Thursday that members of their caucus will vote against passing the bill. The defense legislation will eventually need to be reconciled with a version of the bill under consideration in the Senate.
Persons: Ronny Jackson, Ken Buck, Ken Buck of Colorado, Andy Biggs, Eli Crane of, Thomas Massie of, Henry Cuellar, John Duarte of, Brian Fitzpatrick, Matt Rosendale, Joe Biden's, Hakeem Jeffries, Sen, Tommy Tuberville, Scott Perry, We're, Perry, Pete Aguilar, I've, Pat Ryan Organizations: National Defense, Caucus, Democrats, Four, Rep, Texas Democrat, Republicans, Department of Defense, Defense Department, Democratic, House Democratic, Senate, GOP, House Armed Services Committee Locations: Washington ,, Ken Buck of, Eli Crane of Arizona, Thomas Massie of Kentucky, Texas, John Duarte of California, Pennsylvania, D
Longtime tech investor Paul Meeks said artificial intelligence pure play C3.ai could be a potential winner as the firm might be a acquisition target for megacap tech companies. "One pure play AI company, C3.ai, probably at some point successfully sells itself to one of the mega tech cap companies," Meeks said on CNBC Pro Talks Wednesday. Siebel sold his prior software company, Siebel Systems, to Oracle for nearly $6 billion in 2006. Three years later, he started C3.ai , a provider of AI solutions to businesses. C3.ai uses AI to predict a host of issues ranging from fraud detection to helping companies optimize their operations.
Persons: Paul Meeks, Meeks, Tom Siebel's, Siebel, Tom Siebel, it's, Baker Hughes Organizations: CNBC Pro, Independent Solutions Wealth Management, Siebel Systems, Oracle, Forbes, U.S . Department of Defense, Shell
US Sen. Tommy Tuberville said "there is nobody more military than me." Tuberville has no military experience and was a football coach prior to entering politics. In an interview with CNN's Kaitlan Collins, the senator from Alabama said his father was "career military" and that he personally is "all for the military." While speaking to Collins, Tuberville was also asked about white nationalism in the US and if white nationalists should be able to serve in the military. Tuberville said in the interview he was "totally against racism," but declined to condemn white nationalism as inherently racist.
Persons: Sen, Tommy Tuberville, Tuberville, CNN's Kaitlan Collins, Collins, Lloyd Austin Organizations: Service, Department of, Politico Locations: Wall, Silicon, Alabama
July 10 (Reuters) - U.S. Defense Secretary Lloyd Austin discussed support for Turkey's military modernization during a call with his Turkish counterpart, according to a U.S. readout released late on Monday after Turkey said it would back Sweden's NATO accession. Turkey requested in October 2021 to buy $20 billion of Lockheed Martin Corp (LMT.N) F-16 fighters and nearly 80 modernization kits for its existing warplanes. "They ... discussed the positive talks between Turkiye, Sweden, and NATO Secretary General Stoltenberg, as well as the Department of Defense's support for Turkiye's military modernization," the Pentagon said of the phone call between Austin and Turkish Defense Minister Yasar Guler. Reporting by Costas Pitas; Editing by Himani SarkarOur Standards: The Thomson Reuters Trust Principles.
Persons: Lloyd Austin, General Stoltenberg, Yasar Guler, Costas Pitas, Himani Sarkar Organizations: . Defense, Turkish, NATO, Lockheed Martin Corp, Department of, Pentagon, Turkish Defense, Thomson Locations: U.S, Turkey, Turkiye, Sweden, Austin
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