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The Latest Breaking News from Department of Defense

Wells Fargo, Susquehanna Cut L3Harris Price Target Following Q4 Results

Wells Fargo analyst Matthew Akers lowered L3Harris Technologies Inc's (NYSE:LHX) price target to $240 (an upside of 15%) from $254 and maintained an Overweight rating on the shares. Akers notes the stock trades at a discount to its defense peers despite his belief that it is a portfolio well-matched to Department of Defense spending priorities…

Benzinga

Joe Biden warns Ukraine invasion 'virtually certain' and to prepare for impact

Biden spoke on the phone with Ukrainian President Volodymyr Zelensky about the possibility of an invasion by Russia as the US Department of Defense issued the chilling warning

Daily Mirror

Washington Again Signals Readiness to Hold Houthis to Account

The US administration once signaled the option of "holding Houthis accountable" after the Iran-backed militias targeted Abu Dhabi in the United Arab Emirates and Saudi cities for the second time in less than a week. In official statements by the White House, State Department, and Department of Defense, the administration…

Asharq Al-Awsat

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2 US carriers enter S. China Sea to 'counter malign influence'

TAIPEI: Two US aircraft carrier groups have entered the disputed South China Sea for training, the Department of Defense said on Monday in what a senior commander said was to reassure allies and demonstrate resolve to "counter malign influence".

Bangkok Post

U.S. carriers in South China Sea, Taiwan reports further Chinese incursion

Two U.S. aircraft carrier groups have entered the disputed South China Sea for training, the Department of Defense said on Monday as Taiwan reported a new Chinese air force incursion at the top of the waterway including a fearsome new electronic warfare jet.

Reuters

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