AADX News Today: Stay Updated with the Latest Applied Aerospace & Defense, Inc. News in Real Time
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Japan’s Defense Ministry Files Land Reclamation Plan for Setouchi Naval Base, June 17
Japan’s Defense Ministry applies for land reclamation for 3.4-hectare SDF naval facility in Setouchi, targeting fiscal 2027 construction.
ST Engineering Emerges as Singapore’s Defense and Aerospace Leader, June 17
ST Engineering (S63) is Singapore’s leading aerospace maintenance provider and defense contractor serving over 100 countries globally.
Judge Upholds Hannah Dugan Conviction for Helping Immigrant Evade ICE, June 17
Federal judge upholds Hannah Dugan’s obstruction conviction for helping undocumented immigrant evade ICE agents in Milwaukee courthouse.
Morningstar: Semiliquid Funds Hit $600B as Private Credit Cools, June 16
Semiliquid fund assets reach $600B as of March 2026. Private credit demand cools while private equity and venture capital attract investor capital.
Pentagon Deploys Laser Weapons to Counter Drones, June 16
Pentagon deploys directed energy laser and microwave weapons to five military bases by end of 2026 to counter drone threats at home and abroad.
Fox Buys Roku in $22 Billion Deal, Stock Drops June 16
Fox acquires Roku for $22 billion in cash-and-stock deal, paying shareholders $160 per share to close streaming and advertising gaps.
MBDA and Safran Win French Long-Range Strike Contract, June 16
France enters exclusive negotiations with MBDA and Safran for THUNDART long-range strike system. First deliveries 2029, operational 2030.
Dow Hits Record Close on Iran Peace Deal, June 16
Dow Jones hits record 51,671 after U.S.-Iran peace deal. S&P 500 up 1.7%, Nasdaq up 3.1%. Oil prices fall to $80/barrel.
SpaceX to Acquire Cursor Developer Anysphere in $60 Billion All Stock Deal, Report Claims
A major development in the technology and space industry has emerged as reports suggest that SpaceX is planning to acquire Anysphere, the developer behind the popular AI coding tool Cursor, in a massive $60 billion all stock deal. If confirmed, this would mark one of the largest technology acquisitions involving a private space company expanding…