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This Chinese Defense Stock Soared Over 41% In 5 Days: What's Going On?
Tuesday, May 13, 2025 - 6:37am | 575The shares of Avic Chengdu Aircraft, known for manufacturing fighter jets like the JF-17 Thunder and the J-10C Vigorous Dragon, saw a 41.08% surge over the past five days since the commencement of the India-Pakistan conflict. What Happened: This rise was amid growing tensions between India and...
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As Elon Musk Takes On Lockheed Martin-Made F-35s: Experts Question Feasibility Of Replacing Manned Fighter Jets With Drones
Tuesday, December 17, 2024 - 7:15am | 588In the wake of Elon Musk‘s recent comments advocating for drone warfare over traditional manned aircraft, experts are now deliberating the practicality of such a transition. The conversation has sparked widespread discussion about the potential operational and industrial consequences of...
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Ukrainian Pilots Begin Using F-16s Against Russia
Tuesday, August 27, 2024 - 6:17pm | 407Ukraine started using F-16 warplanes in combat as Russia mounted a massive aerial assault on civilian infrastructure, according to a U.S. official. F-16s are the most sophisticated weapon that the U.S.-led coalition has supplied Ukraine in its war with Russia. The White House and Pentagon had...
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Chinese Fighter Jets Shadow US Navy Aircraft Over Taiwan Strait Amid Escalating Tensions: 'Will Resolutely Defend National Sovereignty And Security...'
Wednesday, April 17, 2024 - 7:03am | 723The Chinese military dispatched fighter jets to shadow a U.S. Navy patrol aircraft flying over the Taiwan Strait. This move comes amid escalating tensions between the two nations over the disputed territory. What Happened: The U.S. Navy’s 7th Fleet confirmed that the P-8A Poseidon maritime...
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Turkey Re-Enters NATO's Good Books: US Approves Long-Delayed $23B F-16 Fighter Jets Sale
Wednesday, February 21, 2024 - 5:00am | 700Turkey has been welcomed back into NATO’s good graces, and the U.S. has given the green light for a long-delayed $23 billion sale of F-16 fighter jets. What Happened: The decision to allow Sweden into NATO in late January, which required unanimous approval by all 31 members of the alliance,...
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Soros' Dire Trump Warning, SpaceX Lawsuit, Musk Vs Zuck And More: Top Stories From This Weekend You Shouldn't Miss
Monday, August 28, 2023 - 6:13am | 640The weekend brought a mix of political intrigue, corporate disputes, and tech rivalries. From George Soros weighing in on the political landscape to Elon Musk making headlines multiple times, it was a weekend filled with noteworthy events. Let’s dive into the top stories that made waves....
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US Scrambles Fighter Jets As Civilian Aircraft Breaches Airspace Over Joe Biden's Vacation Spot
Saturday, August 26, 2023 - 3:27am | 323A civilian aircraft that breached temporarily restricted airspace over President Joe Biden‘s vacation location in Lake Tahoe, Nevada, led to a swift response from fighter jets on Friday. What Happened: The North American Aerospace Defense Command (NORAD) launched two ...
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Lockheed Martin Could Move Work On F-35 Fighter Jet Away From Canada
Friday, June 10, 2016 - 2:57pm | 334Lockheed Martin Corporation (NYSE: LMT) is reportedly considering whether to move work on its multi-billion-dollar F-35 fighter jet away from Canada, as uncertainty regarding the country’s purchase of said jet lingers. Canadian media recently said the government was thinking about placing an...
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The Boeing Company Faces a Future Without Its Fighter Jets--So What?
Tuesday, September 30, 2014 - 10:28am | 550Defense budget priorities may be nudging The Boeing Company (NYSE: BA) out of the jet fighter business. Will the current trend, which favors rivals such as Lockheed Martin Corporation (NYSE: LMT), impact investors of the aerospace giant? Not really. Friendly Skies Lockheed, which derives a...
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Lockheed Martin Corporation Vs. The Boeing Company: Which Will Canada Choose?
Wednesday, September 10, 2014 - 12:20pm | 511The Canadian government has a big decision to make: What should it choose for its next military aircraft purchase? The contenders are the Lockheed Martin Corporation (NYSE: LMT) F-35 Lightning II and the F-18 Super Hornet from The Boeing Company (NYSE: BA). Reports indicate that jet...