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Germany Accelerates Kamikaze Drone Stockpiling With Rheinmetall Deal
Germany Accelerates Kamikaze Drone Stockpiling With Rheinmetall Deal
Germany's parliament has approved a sizeable contract for defense giant Rheinmetall to supply loitering munitions, or kamikaze drones, to the Bundeswehr, underscoring just how quickly European militaries are internalizing drone warfare lessons from both the Russia-Ukraine war and, more recently, the U.S.-Iran conflict. Berlin's latest procurement push makes it clear that one-way attack drones are becoming a serious threat, and the race to stockpile them has begun.
Bloomberg reports that the budget committee of the Bundestag approved the Defense Ministry's proposal for an...
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Jun 7, 2026 / Tyler Durden
Germany's First F-35 Stealth Fighter Moves Closer To Service With Key Engine Installation
Germany's First F-35 Stealth Fighter Moves Closer To Service With Key Engine Installation
Authored by Sujita Sinha via Interesting Engineering,
Germany's first F-35A fighter jet is now closer to delivery after its engine was installed during final assembly, according to Lockheed Martin. This milestone shows steady progress on one of Germany's biggest defense modernization efforts since the Cold War.
Germany's first F-35 reaches a key production milestone as its powerful F135 engine is installed.Lockheed Martin Europe/X
Lockheed Martin Europe posted the update on social media, describing the engine installation as "another key production...
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Jun 4, 2026 / Tyler Durden
Standard Chartered Sees Bitcoin Bottom "Almost In" As Crypto Crashes To 3-Month-Lows
Standard Chartered Sees Bitcoin Bottom "Almost In" As Crypto Crashes To 3-Month-Lows
Authored by Naga Avan-Nomayo via TheBlock.co,
After a brutal week for bitcoin (down over 20% in the last 9 days), Standard Chartered said the worst may soon be over for the largest cryptocurrency and the broader digital asset market.
The bank's Global Head of Digital Assets Research, Geoffrey Kendrick, said in a note entitled "The Low Is Almost In", the bitcoin market is close to a bottom, arguing that structurally resilient spot exchange-traded fund holdings and an anticipated large buyback...
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Mar 6, 2026 / Tyler Durden
Private Credit Firesale Begins: World's Largest Asset Manager Gates Investors In $26 Billion Fund
Private Credit Firesale Begins: World's Largest Asset Manager Gates Investors In $26 Billion Fund
Three weeks ago, when the largest US Private Credit-focused asset manager Blue Owl, was faced with a flood of redemptions due to its outsized exposure to software loans (which are very rapidly being repriced to zero thanks to the disruption from AI), the firm opted against reinstating quarterly redemptions on a retail fund and decided to return investor capital through assets sales instead (effectively also freezing the money in it and gating investors ) announcing a massive...
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