Author: Defenceline Webdesk

First National Bank of Hutchinson bought a new position in Elevance Health, Inc. (NYSE:ELV – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 2,745 shares of the company’s stock, valued at approximately $962,000. A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ELV. Sei Investments Co. raised its stake in Elevance Health by 7.7% in the 2nd quarter. Sei Investments Co. now owns 163,668 shares of the company’s stock worth $63,666,000 after acquiring an additional 11,745…

A pair of AGM-114 Hellfire missiles mounted on an MQ-9 Reaper drone. Credit: Michael Fitzsimmons/Shutterstock.com. The US Department of State has authorised a potential Foreign Military Sale (FMS) to the Netherlands involving Hellfire missiles and associated equipment, with an estimated value of $200 million. The Netherlands seeks to acquire up to 530 AGM-114R2 Hellfire missiles.  Discover B2B Marketing That Performs Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms. Find out more In addition, the proposed deal also includes non-major defence equipment items such as technical assistance from the US Army Aviation and Missile Command Security Assistance Management Directorate, support from the Tactical Aviation and Ground Munitions Project Office,…

India’s top military leadership has underlined the urgency of expanding the country’s satellite presence, stressing that space is no longer simply an enabler but a decisive domain in future warfare.Speaking at the DefSpace Symposium 2026, organised by the Indian Space Association, senior commanders emphasised that India cannot depend on a single entity such as ISRO to meet the demands of modern conflict.Instead, they called for a broader mobilisation of private industry, start-ups, and technology innovators to strengthen the nation’s defence and space ecosystems.Chief of Defence Staff General Anil Chauhan stated that future space capability will not be built by government…

Alexis Investment Partners LLC bought a new stake in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 14,764 shares of the company’s stock, valued at approximately $751,000. Several other institutional investors also recently added to or reduced their stakes in FLOT. Bogart Wealth LLC raised its position in shares of iShares Floating Rate Bond ETF by 68.5% during the third quarter. Bogart Wealth LLC now owns 482 shares of the company’s stock valued at $25,000 after buying…

INS Kalpeni, an Indian Navy Fast Attack Craft, has docked at Gan in the Addu Atoll, marking a significant moment in India’s ongoing maritime engagement with the Maldives.The High Commission of India in the Maldives highlighted the arrival in a post on X, stressing that the visit underscores “deep-rooted friendly ties and multi-faceted defence cooperation.” This development reflects India’s broader regional outreach under its ‘Neighbourhood First’ policy.The docking of INS Kalpeni follows an earlier milestone when INS Sunayna, a Saryu-class Offshore Patrol Vessel, arrived in Male on 6 April. That visit formed part of the Indian Ocean Ship (IOS) SAGAR…

The United States Navy has intercepted the merchant vessel M/V Sevan in the Arabian Sea as part of its expanding blockade against Iranian-linked shipping. The ship, identified as belonging to Iran’s so-called “shadow fleet,” was forced to abandon its course and is now being escorted back to Iranian waters.The operation was conducted by the guided-missile destroyer USS Pinckney (DDG 91), marking a further escalation in US Central Command’s enforcement of sanctions designed to choke off Tehran’s energy exports.According to CENTCOM, the Sevan was among 19 vessels sanctioned by the US Department of the Treasury for transporting Iranian energy products such…

BKM Wealth Management LLC lessened its stake in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 19.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,047 shares of the retailer’s stock after selling 502 shares during the quarter. BKM Wealth Management LLC’s holdings in Costco Wholesale were worth $1,765,000 as of its most recent filing with the Securities and Exchange Commission. A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in COST.…

Kazatomprom shareholders have overwhelmingly approved a landmark uranium supply contract with the Government of India, with 92.9% voting in favour. The deal is valued at more than US$4 billion, a figure that represents over half of the company’s total book value.This underscores the scale and strategic importance of the agreement, which is set to become one of the most significant partnerships in the nuclear fuel sector.The contract is designed to provide a long-term, high-volume supply of uranium to India, supporting its rapidly expanding nuclear energy programme.For India, the deal strengthens its energy security and ensures a stable supply of nuclear…

Axecap Investments LLC purchased a new position in Lam Research Corporation (NASDAQ:LRCX – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 46,588 shares of the semiconductor company’s stock, valued at approximately $7,975,000. Lam Research comprises about 4.9% of Axecap Investments LLC’s investment portfolio, making the stock its 3rd largest position. Several other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in Lam Research by 0.3% in the third quarter. Vanguard Group Inc. now…

UAE President Sheikh Mohamed bin Zayed Al Nahyan met India’s National Security Advisor Ajit Doval in Abu Dhabi on Saturday, where the two leaders held wide-ranging discussions on regional stability and the evolving geopolitical situation in West Asia.According to Al Jazeera, the meeting centred on pressing security concerns, economic interests, and coordination amid heightened tensions in the region following the fallout of the Israel–Iran war. The talks were seen as a significant step in strengthening bilateral engagement and aligning positions on shared challenges.This meeting followed Doval’s earlier visit to Saudi Arabia on 20 April, undertaken on the direction of Prime…