Explore

Australia Conducts First Live-Fire with New AS9 Huntsman Howitzers, Enhancing Military Capability

Australia Conducts First Live-Fire with New AS9 Huntsman Howitzers, Enhancing Military Capability

The Australian Defence Force has successfully conducted live-fire trials of its new 155 mm AS9 Huntsman self-propelled artillery system. This marks a significant milestone for the Australian military, as it is the first time in decades that a self-propelled artillery system has been introduced into service. The AS9 Huntsman, produced by Hanwha Defense Australia, is part of a larger acquisition program that began in 2005. Initially, the South Korean K9 Thunder was selected in 2010, but the program was halted in 2012 due to budget reallocations for flood recovery. The program was revived in 2019, leading to a formal tender in 2020 and a contract signing in 2021. The contract, valued at USD 890 million, includes 30 AS9 Huntsman howitzers and 15 AS10 ammunition resupply vehicles. The systems are expected to be fully integrated into the Australian Army's 3rd Brigade over the next two years.

Ghost Robotics Introduces New Robotic Arm for Military Unmanned Ground Vehicles

Ghost Robotics Introduces New Robotic Arm for Military Unmanned Ground Vehicles

Ghost Robotics has unveiled a new robotic arm designed for its Vision 60 quadruped unmanned ground vehicle (Q-UGV). Developed with feedback from U.S. military customers, including the Army, Marine Corps, and Air Force, the arm enhances the Q-UGV's capabilities in breaching and explosive ordnance disposal operations. Although there is no current requirement for Q-UGVs in the U.S. military, Ghost Robotics anticipates new funding for a contract with the Army's Combat Capabilities Development Command (DEVCOM) in 2026. The robotic arm allows the Q-UGV to enter rooms autonomously, providing situational awareness and reducing the risk to human soldiers.

What to know about the massive defense bill that seeks release of boat strike videos and more

What to know about the massive defense bill that seeks release of boat strike videos and more

The House is expected to vote this week on a bill authorizing $900 billion for military programs

Wall Street dips as Oracle spending revives AI bubble fears and weighs on tech sector

Wall Street dips as Oracle spending revives AI bubble fears and weighs on tech sector

Wall Street was poised to open with losses, one day after markets rallied to near record highs following a Federal Reserve interest rate cut and chair Jerome Powell’s apparent openness to more cuts in 2026

Asian benchmarks mostly decline as investors anticipate US rate cut

Asian benchmarks mostly decline as investors anticipate US rate cut

Asian shares are mostly lower, trading in a narrow range ahead of a Federal Reserve meeting that’s expected to result in the third cut to interest rates this year

Australian Army Integrates New AS9 Huntsman Howitzers to Enhance Capabilities

Australian Army Integrates New AS9 Huntsman Howitzers to Enhance Capabilities

The Australian Army has commenced training with the AS9 Huntsman 155mm self-propelled howitzer, marking the first time this artillery system has been operated on Australian soil. This development is part of a broader transformation of the 3rd Brigade, which is set to receive a range of new military equipment. The AS9, an Australian adaptation of South Korea's K9 howitzer, extends the army's artillery range to approximately 25 miles. The acquisition includes 30 AS9 howitzers and 15 AS10 ammunition resupply vehicles, with production primarily occurring at a new facility near Melbourne. The 3rd Brigade is also set to receive M1A2 SEPv3 Abrams tanks, AS21 Redback infantry fighting vehicles, and Boxer 8x8 combat reconnaissance vehicles, among others. The first batch of AS9 howitzers is expected to be operational by 2026, with full delivery by 2027.

Australia orders operational Ghost Bat drone for military after weapons test

Australia orders operational Ghost Bat drone for military after weapons test

SYDNEY, Dec 9 (Reuters) - Australia said on Tuesday it had struck a A$1.4 billion ($930 million) contract with Boeing Defence Australia for six operational Ghost Bat drones for the Australian Defence Force, after conducting the first live weapon test on an aerial target.

US stocks hang near records ahead of a Federal Reserve meeting this week on interest rates

US stocks hang near records ahead of a Federal Reserve meeting this week on interest rates

U.S. stocks are hanging at the edge of their record heights as Wall Street waits to hear from the Federal Reserve later this week on what it will do with interest rates

US stocks hold relatively steady ahead of Fed decision on rates

US stocks hold relatively steady ahead of Fed decision on rates

U.S. stocks are holding relatively steady as Wall Street waits to hear what the Federal Reserve will say on Wednesday about where interest rates are heading

Asian shares slip after Wall Street pulls back from its record heights

Asian shares slip after Wall Street pulls back from its record heights

Asian shares are mostly lower after U.S. stocks pulled away from their record heights

Tennis-American Fritz to headline $1 million MGM Slam in Las Vegas

Tennis-American Fritz to headline $1 million MGM Slam in Las Vegas

Dec 8 (Reuters) - Eight of the world's elite men's professional tennis players, including American Taylor Fritz, will compete for a $1 million prize pool at the MGM Slam in Las Vegas next year. The exhibition in March will feature a 10-point tiebreak knockout format.

Trading Day: Fed uncertainty hits stocks and bonds

Trading Day: Fed uncertainty hits stocks and bonds

ORLANDO, Florida, Dec 8 (Reuters) - Apprehension ahead of the Federal Reserve's policy decision later this week weighed on Wall Street on Monday, while continued selling in U.S. Treasuries pushed the 30-year yield to its highest in three months. More on that below.