Author: Defenceline Webdesk

NN, Inc. (NASDAQ:NNBR – Get Free Report) major shareholder Corre Partners Management, Llc sold 136,165 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $2.63, for a total transaction of $358,113.95. Following the transaction, the insider owned 372,744 shares of the company’s stock, valued at approximately $980,316.72. This trade represents a 26.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s shares…

The first in what could be many bid protests involving the Army’s MAPS contract has been filed at the Government Accountability Office.The 10-year, $50 billion Marketplace for the Acquisition of Professional Services vehicle has drawn industry complaints about a lack of transparency and how the Army will evaluate past performance for small business partners.Industry has also complained how slowly the Army has responded to thousands of questions potential bidders have had about the solicitation.MetroStar Systems filed its pre-award protest on Thursday at the Government Accountability Office, which is due to make its decision by Aug. 3. Attempts to reach MetroStar officials for comment were not…

Babcock offers its Toyota-based GLV to replace the British Army’s Land Rover fleet. Credit: © Babcock International Group. Babcock International has presented its Toyota-based General Logistics Vehicle (GLV) as a proposed replacement for the British Army’s outgoing Land Rover fleet. The company brought together around 30 key suppliers at the Defence Battlelab in Dorset for an engagement day focused on discussing development, modification, and supply strategies for the potential new fleet. Discover B2B Marketing That Performs Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms. Find out more Babcock’s proposal comes as the Ministry…

DRDO chairman Samir Kamat has raised concerns over aggressive underbidding by industry players, stating that it has hampered the progress of key defence projects, reported The Week.Speaking during the flagging-off ceremony of advanced armoured platforms, both wheeled and tracked, at the Vehicle Research and Development Establishment in Ahilyanagar, he explained that certain projects had been delayed because private companies, having won contracts with the lowest bids, were unable to execute the programmes effectively.He refrained from naming specific projects but emphasised the need for genuine commitment from industry partners to ensure timely completion.Kamat noted that DRDO has sought suggestions directly from…

ARGA Investment Management LP lessened its holdings in Globant S.A. (NYSE:GLOB – Free Report) by 1.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,028,759 shares of the information technology services provider’s stock after selling 28,835 shares during the period. Globant comprises 3.6% of ARGA Investment Management LP’s holdings, making the stock its 11th biggest position. ARGA Investment Management LP owned 4.61% of Globant worth $132,620,000 as of its most recent SEC filing. A number of other hedge funds have also recently made changes to their positions in GLOB. Geneos Wealth Management…

Industry * Academia & Education Aerospace, Defense & Security Agriculture Asset Management Automotive Banking & Payments Chemicals Construction Consumer Foodservice Government, trade bodies and NGOs Health & Fitness Hospitals & Healthcare HR, Staffing & Recruitment Insurance Investment Banking Legal Services Management Consulting Marketing & Advertising Media & Publishing Medical Devices Mining Oil & Gas Packaging Pharmaceuticals Power & Utilities Private Equity Real Estate Retail Sport Technology Telecom Transportation & Logistics Travel, Tourism & Hospitality Venture Capital Country * UK USA Afghanistan Åland Islands Albania Algeria American Samoa Andorra Angola Anguilla Antarctica Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan…

India has issued a notification for likely missile tests in the Bay of Bengal region, with the designated range extending to approximately 1,680 kilometres.The notification specifies the period of 01–03 May 2026 as the window for these trials, indicating preparations for long‑range missile activity in the eastern maritime theatre.The announcement highlights India’s continued focus on strengthening its strategic deterrence and operational readiness. The Bay of Bengal has frequently been used as a testing ground for missile systems due to its expansive waters and proximity to key naval facilities.A range of 1,680 kilometres suggests the involvement of systems designed to project…

Optimized Electrotech is entering a decisive new phase, expanding its focus from ground-based defence deployments into space-based surveillance and sensing. The company has secured a ₹35 crore funding round led by Exfinity Ventures, with participation from Blume Ventures, Mela Ventures, and Venture Catalysts Group Angel Fund.This capital will accelerate its ambition to build a sovereign sensing stack for India, integrating land and space capabilities into a unified architecture.The company has already established credibility with four patents in electro-optic systems and multiple wins under the iDEX framework.Its technologies are deployed with the Indian Army and Navy, and across leading defence organisations…

William Courtney, RealClearDefense At the five-year review conference of the Nuclear Non-Proliferation Treaty (NPT) opening on April 27, criticism will be heard that more NATO allies may… Source link

OceanaGold (OTCMKTS:OCANF – Get Free Report) is anticipated to post its results after the market closes on Tuesday, May 5th. Analysts expect OceanaGold to post earnings of $1.25 per share and revenue of $697.3260 million for the quarter. OceanaGold Price Performance Shares of OTCMKTS:OCANF opened at $31.78 on Tuesday. The company has a 50 day moving average of $34.39 and a 200-day moving average of $30.46. OceanaGold has a twelve month low of $8.79 and a twelve month high of $43.33. Analyst Upgrades and Downgrades A number of research firms have weighed in on OCANF. Canadian Imperial Bank of Commerce…