Author: Defenceline Webdesk

Carrera Capital Advisors acquired a new position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,607 shares of the company’s stock, valued at approximately $573,000. A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in Vanguard Dividend Appreciation ETF by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 10,690,700 shares of the company’s stock worth $2,349,602,000 after…

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Shield AI announced today the opening of an office in New Delhi to support its growing partnership and advance work with the Indian Ministry of Defence and its industry ecosystem. The latest milestone deepens the company’s long-term commitment to India.The opening was announced during a high-level visit to New Delhi by the president and co-founder of the company, Ryan Tseng, and a member of the company’s Defence Advisory Board, retired U.S. Navy Admiral John C. Aquilino, former U.S. Indo-Pacific Command (USINDOPACOM) commander.Shield AI has established a wholly owned subsidiary, Shield AI India, to support software integration, engineering, and autonomy development,…

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Covenant Asset Management LLC cut its stake in Starbucks Corporation (NASDAQ:SBUX – Free Report) by 60.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,243 shares of the coffee company’s stock after selling 12,339 shares during the quarter. Covenant Asset Management LLC’s holdings in Starbucks were worth $694,000 as of its most recent filing with the Securities & Exchange Commission. Several other hedge funds have also recently made changes to their positions in the stock. Collier Financial purchased a new stake in Starbucks in the third quarter…

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New Delhi’s planned purchase of 114 Rafale fighter jets from France has encountered a critical obstacle centred on software control, raising questions about the extent to which foreign suppliers are prepared to share the digital architecture of advanced combat aircraft.The proposed acquisition, valued at approximately ₹3.25 trillion, was intended to expand the Indian Air Force’s Rafale fleet beyond the 36 aircraft already in service and address the widening squadron gap. Negotiations have now shifted from price, delivery schedules and local assembly to the sensitive issue of whether India will gain sufficient access to the aircraft’s interface and mission systems to integrate…

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Covenant Asset Management LLC lifted its holdings in ServiceNow, Inc. (NYSE:NOW – Free Report) by 169.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,863 shares of the information technology services provider’s stock after acquiring an additional 13,114 shares during the period. Covenant Asset Management LLC’s holdings in ServiceNow were worth $3,196,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also made changes to their positions in the business. American Capital Advisory LLC increased its holdings in ServiceNow…

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The presentation highlights India’s advanced technology initiatives in the field of swarm drones, focusing on two distinct categories designed to enable collaborative combat.On one side are attritable high-speed stealthy swarm drones, engineered with unique features that combine survivability, autonomy, and lethality.These drones operate at high-performance subsonic speeds and achieve survivability through stealth shaping. They are designed with a high level of autonomy, capable of executing coordinated swarm missions, and can integrate sensors and warheads.Their role as lethal sacrificial drones is emphasised, with the ability to retarget inflight and be produced in large numbers, ensuring scalability for battlefield deployment.The mission profile…

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