Security

European defense stocks soar amid re-armament talk

MILAN — Amid a widening trans-Atlantic rift and prospects of a major re-armament across Europe, the stock value of several European defense companies surged to record highs on Monday. European leaders held an emergency meeting in London on March 2 to discuss the...

Germany’s likely next government seeks higher defense spending

BERLIN (AP) — The prospective partners in Germany’s next government said Tuesday they will seek to loosen the nation’s rules on running up debt to allow for higher defense spending, an issue of growing urgency as doubts increase about the United States’ commitment to...

Philippine fighter jet, 2 pilots missing on mission against insurgents

MANILA, Philippines — A Philippine fighter jet with two pilots on board has lost contact during a night combat assault in support of ground forces battling communist insurgents in a southern province, and an extensive search is underway, officials said Tuesday. The...

Israeli firms want a piece of the US cruise missile market

JERUSALEM — Two Israeli companies announced last weekend the establishment of defense factories in the United States that are planned to produce jet and rocket engines for the U.S. military market. The first to announce the move was Israeli public company Bet Shemesh...