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Northrop Grumman Faces Ukraine Penalties While Securing Key Japanese Contract

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St’s investing ideas for FREE. US Army is seeking penalties from Northrop Grumman (NYSE:NOC) over delays in artillery ammunition deliveries for Ukraine. The delays relate to contracts for critical munitions at a time of heightened global defense demand. Separately, Northrop Grumman…

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US Army sends memo to two of the biggest Silicon Valley companies; memo says: Should be treated as ‘very high risk’

US Army sends memo to two of the biggest Silicon Valley companies; memo says: Should be treated as ‘very high risk’

Palantir and Anduril’s upcoming services may be a concern for the US Army. A recent memo sent by the US Army (seen by the news agency Reuters) has warned about “fundamental security” problems in the new battlefield communications network being developed by Silicon Valley companies, including Palantir and Anduril. The internal Army memo stated the…

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China’s military warns US containerised launcher ‘poses threats to regional security’

China’s military warns US containerised launcher ‘poses threats to regional security’

China’s military has warned that America’s new containerised missile and rocket launch system could “seriously undermine regional strategic stability”. A commentary in PLA Daily on Thursday noted that the launcher – hidden inside a shipping container – had appeared in recent footage from the US Army’s Fort Bragg base in North Carolina. The People’s Liberation…

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