Author: Defenceline Webdesk

Bingham Private Wealth LLC acquired a new position in Meta Platforms, Inc. (NASDAQ:META – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 2,327 shares of the social networking company’s stock, valued at approximately $1,536,000. Meta Platforms comprises approximately 1.3% of Bingham Private Wealth LLC’s investment portfolio, making the stock its 17th largest holding. Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Sunpointe LLC grew its stake in Meta Platforms by 2.8% during the 4th quarter. Sunpointe LLC now…

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Bhopal-based Aryavart Technologies has unveiled a compact tactical UAV designated PHANTOM, developed to meet the demands of today’s evolving operational landscape where speed, precision, and rapid response are indispensable.The system is engineered for rapid deployment and high-impact missions in dynamic environments, combining agility with mission-focused performance to deliver actionable intelligence and execute time-critical operations.PHANTOM’s mission capabilities are designed to ensure flexibility and resilience in diverse operational scenarios. It can be deployed within minutes through rapid runway, catapult, or pneumatic launch systems.The UAV features dual-mode control, enabling autonomous operations while retaining full manual override for operator assurance. Recovery is facilitated through…

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Halliburton (NYSE:HAL – Get Free Report) had its target price boosted by equities researchers at Barclays from $29.00 to $37.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an “equal weight” rating on the oilfield services company’s stock. Barclays‘s price target indicates a potential downside of 6.67% from the company’s current price. Several other brokerages have also commented on HAL. UBS Group lifted their target price on Halliburton from $35.00 to $39.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 7th. Royal Bank Of Canada lifted their target…

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India’s private space sector has reached a significant milestone with Astrobase Space Technologies unveiling a 21.5-acre test facility in Andhra Pradesh.This facility is equipped with a test stand capable of handling 200 tons, or 2,000 kN, of upward thrust, marking a major leap in indigenous space infrastructure.The site has been purpose-built to test the company’s 80-ton, or 800 kN, Full-Flow Staged Combustion (FFSC) engine, which operates on Liquid Oxygen (LOX) and Liquid Methane (LNG).The FFSC cycle is widely regarded as the most advanced in rocket propulsion, often described as the “holy grail” of engine design. It mirrors the architecture of…

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Halliburton (NYSE:HAL – Get Free Report) had its price objective upped by analysts at JPMorgan Chase & Co. from $40.00 to $42.00 in a report issued on Wednesday, Marketbeat.com reports. The firm currently has an “overweight” rating on the oilfield services company’s stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 5.94% from the company’s previous close. Several other brokerages also recently weighed in on HAL. Morgan Stanley upped their target price on Halliburton from $35.00 to $40.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 15th. Zephirin Group upped…

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Noida-based Maraal Aerospace has achieved a significant milestone with the successful flight test of its Tejasvaan solar-powered Unmanned Aerial Vehicle. This marks a major step forward in indigenous, long-endurance, eco-sustainable, and intelligence-led surveillance technology.The solar-electric drone is designed to deliver more than 12 hours of flight time, making it suitable for defence, intelligence, and disaster management operations.The UAV has been engineered to operate at a service ceiling of up to five kilometres, with endurance exceeding twelve hours through solar-assisted electric propulsion. This performance capability positions the aircraft as a versatile platform for extended missions requiring persistence and reliability.The wingspan of…

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Launch may capture headlines, but in today’s space domain, it’s what rides those rockets that matters most. Satellites are increasingly central to US military planning, powering communications, enabling missile warning and tracking, and supporting a more distributed, resilient force. This new eBook from Breaking Defense brings together reporting from Theresa Hitchens on the programs, technologies and threats shaping that shift, from the Pentagon’s emerging Space Data Network to proliferated low Earth orbit constellations. Drawing on coverage from the Satellite conference in Washington, the collection follows key developments across the Space Force and broader national security space enterprise. Sign up below…

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