Browsing Tags

Defense Industry

Lyntris IPO Raises $297.5 Million

Lyntris raised $297.5 million in a downsized U.S. initial public offering after pricing its shares below the marketed range, highlighting continued investor caution despite renewed interest in defense stocks. The Falls Church, Virginia-based defense...

GCAP Fighter Jet Project Open to More Nations, Says Italy

Rome: Italy has indicated that more countries could be welcomed into the Global Combat Air Programme (GCAP), a multinational effort involving Italy, Britain, and Japan to develop a next-generation fighter aircraft. Italian Defence Minister...