DefenseNews

Czechoslovak Group plans stock-market listing amid Europe defense boom

PARIS — Czechoslovak Group, the Prague-based maker of Tatra military vehicles and one of Europe’s largest ammunition manufacturers, plans to seek a stock-market listing in coming weeks as the company looks to boost international visibility and secure funding for future growth. The company expects to sell €750 million ($874 million) of new shares, with current shareholder CSG FIN to divest a…
Read more
DefenseNews

Navy must take risks, act like the US is at war, says Phelan

The head of the U.S. Navy spoke at a military conference Tuesday about the need for the service to prioritize speed and risk-taking to remain constantly prepared for an international armed conflict. Navy Secretary John Phelan delivered remarks at the 38th Annual Surface Navy…
DefenseNews

Europeans trumpet Arctic defense in bid to soften US Greenland claims

BERLIN — European NATO nations have vowed to strengthen their contributions to Arctic defense, with Greenland front and center. Governments here are pouncing on an opening in the rhetoric from the White House, where Vice President J.D. Vance has presented an ostensible neglect in Europeans securing Greenland as the main driver in the Trump administration’s push to acquire the island, which is…
Read more
DefenseNews

Pentagon is embracing Musk’s Grok AI chatbot as it draws global outcry

Defense Secretary Pete Hegseth said Monday that Elon Musk’s artificial intelligence chatbot Grok will join Google’s generative AI engine in operating inside the Pentagon network, as part of a broader push to feed as much of the military’s data as possible into the developing technology. “Very soon we will have the world’s leading AI models on every unclassified and classified network…
Read more
DefenseNews

Dassault Aviation invests in Harmattan AI at €1.4 billion value

PARIS — Dassault Aviation, the French maker of the Rafale fighter jet, led a €200 million ($234 million) funding round by autonomous drone maker Harmattan AI as part of a strategic partnership, valuing the Paris-based startup at €1.4 billion and creating France’s first defense unicorn. The partnership will help Harmattan develop embedded artificial intelligence for Dassault Aviation’s…
Read more