Security

EU bank, NATO fund partner to support European defense businesses

BERLIN — The European Union’s lending arm and NATO’s venture capital fund will share information and work more closely together to support small and midsized companies across the continent that focus on security and defense, the organizations announced Tuesday. Under...
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Should the Pentagon have used Commerce Department funds for semiconductors?

The U.S. Defense Department has successfully, albeit surreptitiously, swiped $3.5 billion from the Commerce Department’s CHIPS Act funding to subsidize Intel’s creation of a classified advanced semiconductor manufacturing facility called Secure Enclave. Although being...
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Australia aims to boost local arms production. So far it’s leaning foreign.

CHRISTCHURCH, New Zealand — Travis Reddy wants to buy a Brazilian weapons manufacturer. As the CEO of DefendTex, an Australian firm specializing in precision-guided weapons, rockets and loitering munitions, he’s encouraged by a government-run program aimed at growing...
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US removes Gaza aid pier again due to weather and may not reinstall it

The pier built by the U.S. military to bring aid to Gaza has been removed due to weather to protect it, and the U.S. is considering not reinstalling it unless the aid begins flowing out into the population again, U.S. officials said Friday. While the military has...
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