Trump threatens to destroy Iran power plants as reports emerge of downed U.S. F-35
[ad_1] A general view of Tehran with smoke visible in the distance after explosions were reported in the city, on March 2, 2026 in Tehran, Iran. Contributor | Getty Images U.S. President Donald Trump on Thursday threatened to destroy Iran’s bridges and power plants, saying the “New Regime leadership knows what has to be done, […]
GOP leaders Thune and Johnson boost two-track approach to funding DHS
[ad_1] U.S. Senate Majority Leader John Thune (R-SD), joined by Speaker of the House Mike Johnson (R-LA), speaks to members of the media following the Republican Senate Policy Luncheon at the U.S. Capitol on October 07, 2025 in Washington, DC. Kevin Dietsch | Getty Images News | Getty Images Senate Majority Leader John Thune, R-S.D., […]
European defense startups eye commercial deals and hiring push in the Middle East amid the Iran war
[ad_1] European defense tech startups are ramping up commercial discussions with Middle East governments since the Iran war, company execs told CNBC. Another CEO said interest from Gulf states was “skyrocketing” as they race to bolster measures to counter drone and missile attacks. Iran has targeted its neighbors since a joint U.S.-Israeli military operation began […]
Rheinmetall sees sales growth of up to 45% in 2026, says it’s in ‘prime position’ to arm the U.S. amid war in Iran
[ad_1] German Rheinmetall MAN tactical military transport vehicles parked in the Edvard Peperko military barracks. Luka Dakskobler | Lightrocket | Getty Images German arms maker Rheinmetall said it sees this year’s sales growing by as much as 45% as it reported 2025 revenue growing 29% year-over-year, missing expectations. It also said it was in a […]
‘Forever war’: Democrats rebut Trump’s assertion that Iran war nearing end
[ad_1] Sen. Elizabeth Warren, D-Mass., from center left, Sen. Chris Coons, D-Del., Sen Jon. Ossoff, a D-Ga., and Sen. John Hickenlooper, D-Colo., during the State of the Union address in the House Chamber of the Capitol in Washington, Feb. 24, 2026. Al Drago | Bloomberg | Getty Images Senate Democrats on Tuesday rebutted President Donald […]
CNBC’s UK Exchange newsletter: FTSE 100’s defensive slant comes into its own
[ad_1] This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch It was no surprise, when equity markets first reacted to news of the strikes on Iran, that the U.K.’s FTSE 100 fell by less than all of its major continental European peers. What is often seen as the Footsie’s […]
Defense stocks jump as U.S., Iran exchange attacks
[ad_1] People visit a Lockheed Martin booth displaying a model of a military transport plane during an arms fair, in Hanoi, Vietnam, on Dec. 19, 2024. Khanh Vu | Reuters Global defense stocks jumped on Monday as investors reacted to a dramatic military escalation in the Middle East over the weekend. The sector was a […]
Trump says he’d ‘love not to’ attack Iran, ‘but sometimes you have to’
[ad_1] U.S. President Donald Trump stops to speak to the media as he departs on Marine One on the South Lawn of the White House on Feb. 27, 2026 in Washington, DC. Andrew Harnik | Getty Images President Donald Trump on Friday said that “I’d love not to use” the U.S. military to attack Iran, […]
European defense companies should step up collaboration to fix ‘fragmented’ sector, Leonardo CEO tells CNBC
[ad_1] European defense companies must take a stronger lead on collaborating to help the continent become independent of the U.S. security umbrella, Leonardo‘s CEO told CNBC. Speaking with CNBC’s “Squawk Box Europe” on Wednesday after Leonardo’s annual results statement, Roberto Cingolani said European defense companies have “all the capabilities and technical skills” and should not […]