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Lockheed Fast-Tracks Secretive AIM-260 Missile As Pentagon Pushes To Expand Production
Lockheed Fast-Tracks Secretive AIM-260 Missile As Pentagon Pushes To Expand Production
Lockheed Martin has signed a framework agreement with the Pentagon to accelerate production and delivery of the AIM-260 Joint Advanced Tactical Missile, bringing a closely guarded air-to-air weapons program further into public view. The announcement Thursday sets the foundation for a multiyear procurement contract, which remains subject to congressional approval.
The company says the missile offers greater range and effectiveness than existing air-to-air weapons and is compatible with aircraft including the F-22 Raptor and F-35 Lightning II. It did not...
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May 14, 2026 / Tyler Durden
Russia Sends Over 1500 Missiles, Drones On Ukraine In 48 Hours After V-Day Ceasefire
Russia Sends Over 1500 Missiles, Drones On Ukraine In 48 Hours After V-Day Ceasefire
Soon on the heels of the successful 3-day and US-backed 'V-Day' ceasefire between Russia and Ukraine, Russian forces have unleashed several days of drone and missile barrages on Ukrainian cities, especially the capital. It seems the Kremlin is bent on 'payback' for several weeks of effective Ukrainian long-range drone attacks which have badly damaged several Russian oil refineries and energy sites.
BBC reports Thursday that "At least seven people have been killed, including a 12-year-old girl, in...
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Jul 27, 2026 / Tyler Durden
Chamath Warns A Government Ban On Open-Source AI Would Tank The Market And Crater Anthropic And OpenAI
Chamath Warns A Government Ban On Open-Source AI Would Tank The Market And Crater Anthropic And OpenAI
Venture capitalist Chamath Palihapitiya warned that any U.S. move to ban open-source AI would blow a hole in corporate balance sheets and drag the stock market down.
"If the United States government intervenes, it will tank the stock market. Not debatable," Palihapitiya said on the "All-In" podcast released over the weekend. "Now, you can debate which companies get tanked. For example, if they said, 'No more open source. American companies cannot use open source.'"
Chamath:...
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Jun 4, 2026 / Tyler Durden
Feds Raid Newport Mansion, Arrest Businessman Accused Of Routing U.S. Technology To Iran
Feds Raid Newport Mansion, Arrest Businessman Accused Of Routing U.S. Technology To Iran
Federal authorities arrested 63 year old Newport Coast technology executive Jamshid Ghomi during an early-morning operation at his luxury Orange County residence on Wednesday, according to the NY Post.
He faces federal charges related to alleged violations of U.S. sanctions against Iran.
Investigators claim Ghomi orchestrated a long-running scheme to obtain American-made networking and computer equipment and funnel it to customers in Iran, including organizations tied to the country's military and nuclear sectors. According to prosecutors, the operation generated...
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