US Seizes 2 Venezuelan-Linked Oil Tankers
US forces boarded a Venezuela-linked sanctioned oil tanker flagged to Russia on Wednesday in the North Atlantic after pursuing it for weeks.
Might Executives Pay for Defense Delays?
The Trump administration is considering an executive order limiting dividends, buybacks, and executive pay for defense contractors’ projects over-budget and delayed. Shares of Lockheed fell 1.6% and Northrop Grumman sank 2% in after-hours trading after some aspects of the news were first reported.
US Firms Drag Down Global Arms Sales
Last year annual weapons sales by leading US defense companies fell, contributing heavily to the top 100 global defense companies suffering a real terms revenue dip of 3.5%. The US was the chief cause of the global decline. US competitor revenues across Asia and Oceania and the Middle East saw substantial increases.
Cotton: Send Nat’l Guard Home
Sen. Tom Cotton responds to an internal memo indicating National Guard troops could be on the ground in Washington, DC, until fall 2021.
