AIR TO AIR MISSILE
Russian strikes on Ukrainian cities kill at least 24 in major attack that Kyiv saw coming
The deaths and damage illustrated the difficulty Ukraine has in countering Russia's ballistic missiles and the new jet-powered drones used in Moscow's escalating bombardments. Without ammunition for Patriot air defense systems, Ukraine can't stop Russian ballistic weapons. It is racing to develop a new generation of interceptors fast enough to catch Moscow's jet-propelled drones.
'Never a small price to pay': Can Iran attack Los Angeles or San Diego as Trump says?
In a series of contentious statements, Donald Trump hinted at the possibility of Iran targeting American cities, specifically mentioning Los Angeles and San Diego. His remarks prompted sharp backlash from California leaders, including Democratic Governor Gavin Newsom. Officials, including some Republicans, underscored the need to prioritize American safety, even as the FBI indicated no immediate threat, despite concerns around Iranian advancements in drone warfare.
Iran-backed Houthis claim new attacks on Saudi Arabia, Yemen's Aden airport
Iran-backed Houthi rebels claimed responsibility for missile and drone attacks targeting military and civilian facilities in Saudi Arabia. The attacks included strikes on King Khalid International Airport, and flights were briefly disrupted as a result. In addition, the Houthis also targeted Aden airport, which is the seat of Yemen's internationally recognized government. The conflict has intensified as Saudi-led coalition forces focus on recapturing strategic areas in Yemen.
86% of Americans say taxpayer-funded Trump election ads are inappropriate: Reuters/Ipsos poll
A recent poll shows that 86% of Americans believe taxpayer funds should not be used for election-related ads. Criticism arises regarding ads featuring President Donald Trump that air before the midterm elections. Lawmakers, both Democrats and Republicans, are concerned about potential political promotion using public funds. Although Trump claims the ads are patriotic, opponents argue they could violate rules on government propaganda.
What's brewing in Mocha? Houthis deny losses, claim Riyadh airport attack
The Houthi statements come as Yemen's military said it had removed the pro-Iran group from areas around the Bab al-Mandab strait, a Red Sea chokepoint, and the port city of Mocha. Fighting across Yemen has killed more than 270 government troops and Iran-backed Houthi fighters over the past day, sources on both sides told AFP on Tuesday.
Oil Price Today (October 6): Crude oil below $101 as supply concerns ease but Houthi attack keeps traders on edge
Brent crude futures gained 20 cents to $100.54 a barrel, while US West Texas Intermediate crude futures rose 12 cents, or 0.13%, to $89.50 a barrel. Oil was little changed after Monday’s decline as traders continued to assess a modest reduction in supply-side concerns.
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Saudi-backed Yemeni forces expel the Houthis from several areas around key strait, officials say
Forces of Yemen's internationally recognized government began a major offensive Monday against the Iranian-backed Houthi rebels on the country's Red Sea coast, under an intensified air campaign by the Saudi-led coalition.
Akash air defence system reaches Turkmenistan: Check its capabilities as it joins Chinese systems to protect the Central Asian country
India has exported its indigenous Akash air defence missile system to Turkmenistan, Defence Secretary Rajesh Kumar Singh has confirmed, expanding the weapon’s presence in Central Asia after Armenia and Tajikistan. Turkmenistan already operates Chinese-made air defence systems, including the FK-2000, FD-2000, KS-1A and FM-90. Here is a look at Akash’s range, capabilities and evolving variants.
Oil slips as Middle East crude exports rise, G7 to release stocks
Oil prices have seen a decline as increased crude exports from the Middle East and stock releases from G7 nations boost supply levels. Brent crude futures fell by 0.34% to $101.90 a barrel, while US West Texas Intermediate dropped by 0.68%. The G7's release of 100 million barrels is alleviating immediate supply concerns, although Houthi attacks on Saudi facilities are raising worries about Gulf infrastructure.
Oil Price Today (October 5): Crude oil dips $101 despite simmering Iran war tensions. Here’s why
Brent crude futures fell 70 cents, or 0.69%, to $101.60 a barrel, while US West Texas Intermediate crude was at $90.15 a barrel, down 90 cents, or 1.07%.
Defence stocks: Time to change strategy in a bearish market? An ecosystem with down and upside potential of -39% to plus 37%
The current fall is both at the level of the indices and the broader market. And when the selling is this broad, almost every sector is affected. But they do not all feel it equally, and it is worth knowing why every sector behaves differently at different points of time. Stock Reports Plus, powered by Refinitiv, is a comprehensive report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score.
When every number is a risk, the watchlist matters more than the buy list: 5 mid-cap stocks with upside potential of up to 26%
There are times when the market forgives a weak quarter, and there are times when it does not. We are now in the second kind of market. The cushion that softened bad news a few months ago has gone, and the coming Q2 results will carry burdens that the earlier ones did not. So, before looking at any stock, remember this: The odds of a sharp fall because of any disappointment are higher now than they have been in a while.
Ukraine will hit Russian refineries in response to Moscow's 'new doctrine' of airstrikes
Ukraine is set to enhance its attacks on Russian oil refineries in response to recent changes in military tactics. President Volodymyr Zelenskiy emphasized that civilian infrastructure would not be targeted during these operations. Ongoing Ukrainian counteroffensives have recaptured significant territory in the eastern Donbas region.
Russian attacks kill 6 in Ukraine and damage Kyiv's Northern Bridge
Russian attacks killed at least six people in Ukraine and damaged Kyiv's Northern Bridge, disrupting traffic for a third day, while Moscow confirmed it targeted the structure. Ukrainian strikes also caused casualties in Russia. Moldova's president warned that the war was increasingly spilling into her country after reported Russian airspace violations.
Saudi Arabia plans assault on Houthis to break Red Sea chokehold
Saudi Arabia is preparing for an offensive against Houthi militants in Yemen, focusing on securing the Bab el-Mandeb Strait. The operation is expected to include coordinated attacks from multiple fronts alongside Yemeni ground forces. Over 100,000 Yemeni troops could potentially participate in the planned military action. U.S. intelligence support and military aid from other nations will assist the Saudi campaign in Yemen.
US Navy awards $24.4 billion to accelerate production of Standard Missile-6
The US Navy has secured a deal worth up to $24.4 billion with Raytheon to ramp up production of Standard Missile-6 interceptors over five years. The Pentagon says the agreement will increase SM-6 inventory, strengthen vulnerable supply chains and give defence contractors greater certainty to expand factories and workforce. The deal is part of Washington’s broader push to accelerate critical munition production.
BrahMos missile system to see over USD 600 million exports, is benchmark for India's emerging export story: Defence Secretary
Defence secretary Rajesh Kumar Singh hailed the BrahMos cruise missile as India's emerging export story, with exports to cross $600 million. He pointed out the major export destinations of the missile and highlighted the weapon's performance during Operation Sindoor. Defence exports touched an all-time high of Rs 38,424 crore in FY 2025-26, seeing an increase of Rs 14,802 crore (62.66%) over the previous fiscal year's figure of Rs 23,622 crore.
Chinese researchers simulate lidar system that could detect US fifth-generation F-35 from over 60 km, here is how it works
Chinese researchers have used a computer simulation to examine whether a missile-mounted single-photon lidar could detect and track an F-35C stealth fighter. The model produced a maximum detection distance of 61.5 km at night and 27.7 km during the day. However, analysts questioned whether the narrow laser beam could practically locate a stealth aircraft across a wide area, while the study has not yet been validated through flight testing.
Russia's long-range bomber crashes on a training mission, killing 6 crewmembers
A Russian Tu-95 nuclear-capable strategic bomber crashed on a training mission in the country's far east, killing six members of its crew, leaving only one survivor. The aircraft went down in an unpopulated area in the Amur region. The defence ministry said the plane wasn't carrying any weapons onboard and a team of investigators has flown to the area to to determine the caus of the crash.
US awards $21 billion missile contract to RTX’s Raytheon as it looks to replenish stocks amid ongoing conflict with Iran
The US has moved to significantly increase production of AMRAAM missiles after awarding Raytheon a multiyear agreement valued at $20.7 billion. The weapon is used by fighter jets for air-to-air engagements and by NASAMS for ground-based air defence. The planned expansion includes higher annual output, but the full contract value remains dependent on funding from Congress.
EU members approve five big pan-European defence projects
EU members approved five major defence projects which now become eligible for EU funding to enhance security. These projects include a focus on drone warfare and protective measures for Europe's Eastern flank. An integrated maritime defence project along with air and missile defence initiatives were also approved. Funding worth €325 million is allocated under the European Defence Industry Programme for these projects.
LCA Mk2, AMCA first flight dates confirmed: Defence Secretary reveals timeline for India’s next-gen fighter jets
India's LCA Mk2 medium weight fighter prototype is expected to fly by September 2027. The country's Advanced Medium Combat Aircraft, or AMCA, is targeted for its first flight in September 2028. Defence Secretary Rajesh Kumar Singh provided clear timelines for these military aircraft programs. Test flights are set to occur between June and September next year. These developments are crucial for enhancing India's air combat capabilities against regional threats.
Washington responds after US ambassador says Trump asked Xi if China wanted to buy American weapons
David Perdue, the US Ambassador to China, made an unusual claim regarding arms sales during a recent interview. He stated that President Trump asked President Xi if he desired to buy American weapons. Following this statement, US officials clarified there are no plans to sell any weapons to China. The US position on Taiwan's independence remains unchanged amid rising tensions over arms sales.
UK police question five over suspected explosives offences near US-linked air base
Five men were detained by police in Fairford after reports of suspicious activity near an air base. Authorities are investigating a potential Iranian-linked motive behind the incident, which included the presence of explosives. Security measures have been heightened, and residents were evacuated from nearby homes for safety reasons. The UK government continues to monitor the situation closely as US military operations are involved.
Trump says UK terror suspects were looking to do ‘big damage’ near US air base
US President Donald Trump said suspects arrested near RAF Fairford in the UK were looking to do “big damage” as police detained five men in a terror and explosives probe. Authorities are currently searching three suspicious vehicles as part of the investigation. There are increased security measures around US military facilities in Britain amidst growing safety concerns. Local residents reported heavier security presence at RAF Fairford, which is used by the US Air Force.
Pakistan's first Hangor-class submarine conducts maiden live weapon firing
In a historic moment, Pakistan Navy's PNS/M HANGOR, the first of its Hangor-class submarines, conducted its first successful live weapon firing exercise in the Arabian Sea, launching an anti-ship cruise missile. This operation was observed by Chief of Naval Staff Admiral Naveed Ashraf, who emphasized its significance for strategic regional security. Prime Minister Shehbaz Sharif praised the Navy's achievement, highlighting the importance of military preparedness in addressing ongoing security threats.
Police declare major incident at UK's Fairford air base, used by US air forces
British police have arrested several men under the Explosives Act following increased security at a military base. The army is examining multiple vehicles near RAF Fairford, which is involved in US operations. Various emergency vehicles have been deployed in the nearby village of Fairford as authorities respond to the situation. The US Air Force maintains a vigilant approach to protect service members and assets.
Russia's Geran drones become one of the most dangerous. Speed, reinforced bodies and less reaction time; the new drone that is changing warfare
For a long time, the sound of a Shahed-136 gave people in Ukraine something they badly needed, a little warning. The Russian-built Geran-2 used a piston engine and moved at roughly 180 km/h, slow enough for air-defense crews to track and engage it. The newer jet-powered Gerans have changed that calculation. Some can reach around 600 km/h, leaving far less time between detection and impact.
India's new drone killer: DRDO starts production process of a mobile weapon that can destroy drone swarms 5 km away
India is preparing to move its indigenous 30kW-class laser weapon towards production. DRDO plans to seek an industry partner for the truck-mounted system within six days, which can target drone swarms, UAVs and surveillance sensors at ranges of up to 5 km.
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