U.S. Navy

Sidus Space Inc. (NASDAQ:SIDU) shares are trading lower Tuesday following the company's report of a year-over-year decrease in second-quarter revenue. Here’s what you need to know. What To Know: Sidus Space reported earnings per share (EPS) of 99 cents, an improvement from a loss of $6.85 in...

You've probably heard of ChatGPT but have never heard of NavyGPT. The term, recently trademarked by the U.S. Navy, could come into play soon as the U.S. military continues to explore use cases for artificial intelligence (AI). What Happened: Trademark attorney Josh Gerben of Gerben Law highlighted...

The United States Department of Defense (DoD) has reported the first-ever sighting and neutralization of an underwater drone deployed by Houthi fighters in the Red Sea. What Happened: The DoD, through its central command (CENTCOM), disclosed that U.S. forces in the Red Sea identified and targeted...

Stocks such as GameStop Corp. (NYSE: GME), AMC Entertainment Holdings Inc (NYSE: AMC) and Rocket Companies Inc (NYSE: RKT) sparked a lot of interest — and some controversy — this year. These companies' share prices rose more than 250% in one day, ultimately...

It was October 2019, just six months ago, but ancient history for tanker trades.   Rates for very large crude carriers (VLCCs, tankers that carry 2 million barrels of crude oil) spiked to $200,000 per day. Tension in the Middle East was a key driver. The threat that military action with Iran could...

The U.S. economy relies on stable infrastructure. A weak wall or foundational crack can take out an oil refinery, a paper mill or an auto plant and severely disrupt the supply of everyday resources. It can also wreak havoc on a balance sheet. The oil industry can lose $25 million dollars per day...

A group of researchers are warning the world about weaponizing artificial intelligence and robotics, but that machine-learning genie may already be out of the bottle. There are clear signs that the United States is already engaged in an AI arms race with China and Russia to develop weapons systems...

Synthetic skin that automatically heals when punctured. External skeletons that add strength and sensation to damaged human limbs. An artificial heart that beats to the cardio rhythm of the human or humanoid who has it plugged into his or her chest. Go further: Build a synthetic, octopus-like...

Raytheon Company (NYSE: RTN) disclosed that it started deliveries of pulse power containers for the Navy's railgun program in the United States. According to the company, "The containers, which are comprised of multiple pulsed power modules, would be integrated into the Navy's Railgun test range...

Much has been written about the troubled F-35 Joint Strike Fighter program over the last decade. Cost overruns, schedule slips and reliability issues have plagued the fifth-generation military aircraft being developed by Lockheed Martin (NYSE: LMT). Three versions of the F-35 will be...