Report: Classified Intelligence Claims Cuba Acquiring Drones for Potential Conflict with the US

Anduril Unveils Tiltrotor Killer Drone Straight Out Of 'Terminator' Palmer Luckey's defense company Anduril Industries unveiled Thunder, an autonomous aircraft designed to deliver missiles, drones, electronic-warfare systems and cargo into heavily contested airspace. "In this new era of maneuver warfare, we need eyes for what's ahead and a shield for what we can't afford to lose," Anduril wrote in a tweet. Thunder is a Group 5 autonomous attack rotorcraft, meaning it weighs more than 1,320 pounds, as shown in the UAS classification chart below, courtesy of Piper Sandler. Anduril noted, "A first...

The US has launched airstrikes in Somalia for three straight days this month as the Trump administration continues a record-shattering bombing campaign in the country that receives virtually no US media coverage. US Africa Command said in a press release on Tuesday that its forces launched an airstrike against al-Shabaab on July 5 in the […]

Futures Slide As Tech Rout Continues, Kospi Halted As It Crashes 10% Futures extend Monday's losses as the Tech tape continues to unravel; global Semis were hit yesterday and again overnight (despite the best attempts of Goldman and JPM to force retail to buy the falling knives) with Asian stocks and especially Korea (-10%) bearing the brunt with fears of Chinese competition accelerating the sell-off and then spilling back over into the US. As of 7:00am ET, S&P futures are down 0.2% with tech slammed pushing the Nasdaq 0.9% lower...