Defense Tech Firm Helsing Secures $1.2B Funding Following Major Military Breakthroughs.
AI defense startup Helsing has reached an $18 billion valuation after securing $1.2 billion in funding, bolstered by the successful deployment of its HX-2 loitering munitions and a new strategic partnership with HENSOLDT.
Australia and India Elevate Defence Ties with Focus on Indo-Pacific Maritime Security.
Australia and India have concluded their 10th Defence Policy Talks in New Delhi, pledging to deepen military interoperability, expand maritime security collaboration, and strengthen their growing defence industry partnership.
US Defense Chief Hegseth Faces Tough Congressional Scrutiny Over Iran Conflict Costs and Strategy.
Defense Secretary Pete Hegseth defended the US administration's $25 billion war expenditure and military strategy during his first congressional hearing since the conflict with Iran began.
Defense Sector Faces Mixed Results Amidst Global Conflict and Supply Constraints.
Major US defense contractors are experiencing surging demand due to geopolitical tensions, though production delays and supply chain issues are curbing short-term profitability for giants like Lockheed Martin.










