Author: Defenceline Webdesk

Greystone Financial Group LLC raised its holdings in shares of Netflix, Inc. (NASDAQ:NFLX – Free Report) by 1,319.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,505 shares of the Internet television network’s stock after acquiring an additional 9,765 shares during the period. Greystone Financial Group LLC’s holdings in Netflix were worth $985,000 as of its most recent SEC filing. Several other hedge funds have also recently added to or reduced their stakes in the business. Hengehold Capital Management LLC lifted its position in Netflix by…

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The Trump administration, which last year stripped the Space Force of 14 percent of its civilian workers, now wants the service to handle a budget more than twice as large.The service’s 2027 budget request of $71.1 billion—way up from the $31.6 billion allocated in the current fiscal year—includes boosts for new space-based technologies and weapons in line with President Donald Trump’s “space superiority” executive order. The administration official who is temporarily handling the duties of the Pentagon’s chief financial officer conceded that it’s a tall order. “One of the major challenges for this budget is to be able to obligate dollars in…

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Nikki Haley, a prominent Indian-origin member of US President Donald Trump’s Republican Party, has made a striking claim regarding the seizure of an Iranian vessel by the American Navy.She stated that the first Iranian ship seized in the Strait of Hormuz after the imposition of the US blockade was travelling from China and carrying chemical shipments intended for missiles.Haley emphasised that the vessel had refused repeated orders to stop, and she warned that China’s support for Iran in the ongoing war was a reality that could no longer be ignored. She added that Beijing’s role in propping up Tehran’s regime…

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NATIONAL HARBOR, Md. — The US Navy revealed that it has completed inaugural tests of a Joint Direct Attack Munition (JDAM) modified with a turbojet engine for greater range, which the service said flew roughly 200 nautical miles — five times the next-longest JDAM variant’s range. The tests, conducted earlier this month off the coast of California, “demonstrated the weapon’s safe separation; the ability to use existing aircraft interfaces; and controlled, powered free-flight and navigation” according to a Navy press release published Monday. Results from flight testing of the new JDAM — a dummy bomb equipped with a precision kit manufactured…

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On 21 April, the Pakistan Navy (PN) announced that it test-fired the Taimoor air-launched cruise missile (ALCM), marking a key potential addition to the PN’s anti-surface warfare (ASuW) capabilities. Background on the Taimoor ALCM The Taimoor ALCM, developed by the National Engineering and Scientific Commission (NESCOM) and marketed by Global Industrial Defence Solutions (GIDS), has a range of 600 km (capped to 290 km for export). Capable of engaging both fixed and moving targets on both land and sea, the Taimoor is the conventional-use counterpart of the strategic Ra’ad-2, Pakistan Air Force’s nuclear-capable long-range strike platform. The dual-role ALCM’s guidance…

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Bharat Electronics Limited (BEL), the Navratna Defence PSU under the Ministry of Defence, has signed a Memorandum of Understanding with Bit Mapper Integration Technologies Pvt Ltd (BMIT) to collaborate on advanced defence and aerospace technologies.The agreement was formalised in Bangalore on 21 April 2026, with the MoU exchanged between Manoj Jain, Chairman and Managing Director of BEL, and Amit Mahajan, CEO of BMIT. The ceremony was attended by senior representatives including Vivek Joshi, Vice President (Airborne Solutions), BMIT, Mahesh Pore, Business Development Manager, BMIT, and Ruchi Pant, General Manager (Strategic Planning), BEL.The partnership is focused on the design, development, and…

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NATIONAL HARBOR, Md. — Anduril is teaming up with UK-based Kraken Technology Group to make small unmanned surface vessels (USVs) for the US Navy at a time when the service is increasingly focused on unmanned tech, the companies announced today. “This partnership reflects Kraken’s commitment to supporting global maritime challenges with hardened operational capabilities at a critical point in history,” Kraken CEO Mal Crease said in a company press release. “Under this agreement Kraken will deliver low-cost, scalable and modular systems that are both reliable and effective.” Anduril “will integrate payloads and Lattice autonomy software” onto Kraken’s “mass-producible USVs,” Anduril’s…

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The Pahalgam terror attack of 22 April 2025 remains etched in the nation’s memory as one of the most brutal assaults on innocent civilians.The picturesque tourist destination in Jammu and Kashmir was turned into a site of horror when Pakistan-backed terrorists entered a village and killed 26 people after questioning them about their religion.The attack left families devastated, with survivors still struggling to cope with the loss of loved ones. Among them, the wife of Prasanta Kumar Satapathy recounted how her life was upended, with the family’s breadwinner gone and promises of government support yet to be fully honoured.She emphasised…

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