Author: Defenceline Webdesk

The drone manufacturing start-up BonV Aero has officially broken ground on a substantial ₹300 crore unmanned aerial vehicle (UAV) facility located in Khordha, Odisha. This ambitious project is designed to bolster domestic drone production and foster high-level aerospace innovation within the region.Spanning a 2.5-acre site, the new installation is set to serve as an integrated UAV hub. It will house dedicated drone assembly lines alongside a Drone Centre of Excellence and an industrial skilling centre to cultivate local talent.Furthermore, the facility will introduce Odisha’s first drone park specifically for testing purposes. The site will also feature an experience centre and…

Eve Sampson, MC Times A new rotation of U.S. Marines in the Philippines suggest the force may be maintaining a more continuous presence in the country Source link

Zacks Research downgraded shares of EZCORP (NASDAQ:EZPW – Free Report) from a strong-buy rating to a hold rating in a report published on Tuesday morning,Zacks.com reports. Other research analysts have also recently issued research reports about the stock. Citizens Jmp lifted their price objective on shares of EZCORP from $23.00 to $26.00 and gave the company a “market outperform” rating in a report on Tuesday, January 20th. Roth Mkm restated a “buy” rating and issued a $26.00 price objective on shares of EZCORP in a report on Tuesday, January 6th. Canaccord Genuity Group lifted their price objective on shares of…

India and Turkiye recently convened the 12th round of Foreign Office Consultations in New Delhi, marking a significant step in the ongoing diplomatic dialogue between the two nations.This high-level meeting took place on Wednesday, providing a formal platform for both countries to conduct a comprehensive and detailed review of the current state of their bilateral relations.The session was co-chaired by Sibi George, Secretary (West) representing the Indian Ministry of External Affairs, and Berris Ekinci, the Deputy Minister of Foreign Affairs from the Turkish side. This meeting was particularly noteworthy as it followed a nearly four-year interval since the previous round…

IntEngineering The announcement signals a key shift in the long-running XM30 program from development to early production, marking a major step in replacing the aging M2 Bradley fleet Source link

CCLA Investment Management decreased its holdings in Deere & Company (NYSE:DE – Free Report) by 1.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 205,327 shares of the industrial products company’s stock after selling 2,879 shares during the period. CCLA Investment Management owned 0.08% of Deere & Company worth $95,600,000 at the end of the most recent reporting period. Several other large investors have also recently modified their holdings of the business. Strategic Advocates LLC bought a new position in shares of Deere & Company in…

Lebanon’s Hezbollah terror group chief Naim QassemThe Israeli military has confirmed the targeted elimination of a high-ranking Hezbollah figure who served in a dual capacity as both the personal secretary and the nephew of the terror group’s Secretary-General, Naim Qassem.The operation took place during an overnight strike on the Lebanese capital, Beirut, as part of Israel’s ongoing campaign against the Iran-backed organisation.The individual, identified by the Israel Defence Forces (IDF) as Ali Yusuf Harshi, was located within Hezbollah’s inner leadership circle. His death marks a significant strike against the personal staff of the group’s top commander, occurring at a time…

Drew F. Lawrence, DefenseScoop For the first time, Marines and Naval Special Warfare operators struck an unmanned vessel with a small first-person view drone they launched from a boat during… Source link

Brookstone Capital Management increased its stake in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 5.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 512,305 shares of the e-commerce giant’s stock after purchasing an additional 27,352 shares during the quarter. Amazon.com comprises about 1.4% of Brookstone Capital Management’s portfolio, making the stock its 9th biggest holding. Brookstone Capital Management’s holdings in Amazon.com were worth $118,250,000 as of its most recent filing with the Securities & Exchange Commission. Several other institutional investors have also bought and sold shares of…

Deepak Mittal, the Indian Ambassador to the United Arab Emirates, recently held a high-level meeting with Saif Saeed Ghobash, the Secretary General of the Abu Dhabi Executive Council, to discuss the further strengthening of the partnership between New Delhi and Abu Dhabi.During this engagement, as detailed by the Indian Embassy in Abu Dhabi on the social media platform X, Ambassador Mittal formally conveyed his appreciation to the UAE leadership for their steadfast care and continuous support provided to the Indian community residing within the Emirates.The discussions between Ambassador Mittal and Secretary General Ghobash also involved a productive exchange of views…