KNDS plans Paris and Frankfurt IPO

Workers assemble Leopard 2A7 main battle tanks at the KNDS heavy weapons factory on August 01, 2025 in Kassel, Germany. Sean Gallup | Getty Images News | Getty Images Defense giant KNDS has announced its intention to proceed with an IPO, saying on Wednesday that it plans to list its shares in Paris and Frankfurt….

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Defense contractors would be barred from buying back their stock in bill approved by Senate panel

Senator Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing, and Urban Affairs Committee, left, and Senator Jack Reed, a Democrat from Rhode Island, speak during a confirmation hearing in Washington, DC, US, on Thursday, Oct. 30, 2025. Eric Lee | Bloomberg | Getty Images The Senate Armed Services Committee approved…

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Trump cancels Iran strikes scheduled for Thursday evening

President Donald Trump on Thursday canceled an upcoming round of U.S. military strikes against Iran, claiming that talks with the Islamic Republic “have been brought to the highest level of Iranian leadership and approved.” “Discussions and final points have been, in both concept and great detail, approved by all parties involved,” including Israel and nine…

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U.S. military completes strikes on ‘multiple targets’ in Iran launched at Trump’s direction

The U.S. has completed strikes it launched in Iran on Wednesday at President Donald Trump‘s direction, U.S. Central Command said. The strikes were completed at 9:04 p.m. ET, CENTCOM said, adding it hit Iranian military surveillance capabilities, communication systems, and air defense sites. U.S. forces fired on Iranian targets that “posed a threat to U.S….

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