Italy to request EU defense loan after all, but scales back amount

ROME — Italy has requested €8 billion euros ($9.3 billion) in cheap loans from the European Union’s SAFE defense funding program after delaying a decision for months amid opposition to…

Rheinmetall scales down 2026 sales outlook on scrapped frigate program

German defense company Rheinmetall lowered its 2026 sales outlook on Thursday after the German government canceled a delayed frigate program that the company had been widely expected to win. Rheinmetall…

Einride bets $38M on EV charging as it scales electric trucking

Einride agreed to buy Flipturn for $38 million in stock.

Army scales back legal services for soldiers in disability evaluation process

The disability evaluation process determines whether sick or injured soldiers can continue to serve or whether they should receive medical retirement benefits.