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Author: thaobh.leo@gmail.com
PARIS and ROME – Thales agreed to buy 35.5% of French underwater-drone maker Exail Technologies from the Gorgé family, and plans to make a tender offer to buy the remainder of the company at an implied enterprise value of €3.9 billion (US$4.5 billion), beating a competing offer by Safran.Thales will offer to buy the remaining Exail shares for €134 each, the company said on Monday. That’s a 44% premium to the Exail share price on June 25, the day before Safran announced talks with the Gorgé family at a price of €128.50 a share.Safran said it ended exclusive negotiations on…
[July 6, 2026] – Axon Vision, a leader in AI-driven computer vision and situational awareness solutions for defense and security applications, has successfully integrated its EDGE ClearSky system with RETIA’s radar and the TSG command and control system in the Czech Republic, demonstrating a multi-sensor capability for detecting and tracking drone threats. EDGE ClearSky, part of Axon Vision’s EDGE AI family of computer vision solutions, is designed to support the rapid detection and identification of aerial threats through thermal sensing and AI-driven real-time processing. In the Czech Republic, these capabilities were integrated with RETIA’s radar-based detection and the TSG system…
BAE Systems Delivers first Cold Weather All-Terrain Vehicles to Army National Guard and Other US Military Units BAE Systems has completed the delivery of 19 Cold Weather All-Terrain Vehicles (CATV) to the U.S. military, including the Vermont National Guard (VTNG) Army Mountain Warfare School (AMWS). This marks the first time the VTNG AMWS has received CATVs, representing a significant milestone in the service’s and state’s military modernization efforts. The CATV is a rugged, ready-made platform designed to tackle the toughest winter conditions with exceptional mobility and versatility. These vehicles will enhance the VTNG’s ability to operate in extreme cold, while…
Divorce can be a financially complex event, especially if a VA loan is involved. A divorce decree can divide property and assign who pays the mortgage, but it can’t change your contract with the lender or automatically free up your VA loan entitlement. That means your entitlement could get tied up for years, limiting your ability to buy a new home with VA financing. This guide covers everything you need to know about VA loans and divorce, including who can keep the house, whether a non-military ex-spouse can assume the loan, and how and when entitlement gets restored. What Happens…
A surging UFC lightweight contender is game to serve as backup for the Conor McGregor vs. Max Holloway 2 five-round welterweight bout on July 11.The Irishman, who was on the sidelines for 5 years after suffering a catastrophic leg injury in 2021 during his trilogy bout with Dustin Poirier, is finally returning to the octagon this weekend in the main event of UFC 329 to run it back with Holloway, whom he beat 13 years ago by unanimous decision.While McGregor was inactive, “Blessed” has competed 8 times. He won the BMF title at UFC 300 by knocking out Justin Gaethje.…
00:47 6.7.2026 The OPEC+ grouping has agreed to further increase output targets beginning in August in an effort to add to world supplies at a time when oil prices are declining due to the gradual reopening of the Strait of Hormuz. The informal oil-producing group agreed during an online meeting on July 5 to increase quotas by 188,000 barrels a day on top of similar increases already set for June and July. Ministers from Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman held virtual talks and “decided to implement a production adjustment” starting in August, an OPEC statement said.…
If you’re looking to build a home gym or upgrade your strength equipment, Rogue Fitness offers several ways to save without waiting for a major seasonal sale. The company’s official Deals page brings together discounted products, clearance items, cosmetically imperfect equipment and volume pricing, making it one of the best places to find savings on premium fitness gear. Browse the official Rogue Deals page 1. Hot Deals The Hot Deals section highlights some of the best offers currently available across the Rogue website. Products change regularly and may include gym equipment, accessories, apparel and other training essentials. Because these deals…
As Procurement Leaders gears up for our annual CPO retreat, Ovation, we’ve surveyed a large number of group-level procurement chiefs on their priorities, successes and vision for the future of the function. Unsurprisingly, AI dominates the conversation. Regardless of where these organisations sit on the maturity curve, every leader is reimagining their future operating model around the technology. We’ll spend considerable time at Ovation designing these ideas, and I look forward to sharing those insights. But while technology is generating immense excitement, particularly for its ability to drive better decision-making through advanced data and insights, there is a growing anxiety…
Acquisition reinforces Lockheed Martin’s commitment to domain expertise in anti-submarine warfare Lockheed Martin today announced the signing of a definitive agreement to acquire Ultra Maritime, a global defense company specializing in advanced undersea warfare and anti-submarine warfare (ASW) capabilities for allied naval forces for $3.45 billion. Lockheed Martin press release Ultra Maritime company develops and delivers mission-critical systems including sonar technologies, sonobuoys, torpedo defense systems, radar solutions, and autonomous maritime sensing platforms. “Undersea superiority belongs to those who move fastest and work together best,” said Stephanie C. Hill, president of Lockheed Martin Rotary and Mission Systems. “By joining forces with Ultra Maritime, we’re accelerating our commitment…
For over a decade, U.S. President Donald Trump has accused Washington’s European allies of free-riding on American security guarantees. He has been criticizing NATO members that do not pay “their fair share” since launching his first presidential campaign in 2015. He threatened to pull out of the alliance after winning office, and then again when running for president in 2024. Just a few weeks ago, at a NATO meeting, U.S. Secretary of Defense Pete Hegseth announced a six-month review of the American military presence in Europe and declared that Washington’s payment of its annual NATO dues would be “contingent on…
