The advent of hypersonic missiles, capable of traveling at speeds exceeding Mach 5, has drastically altered the military’s vision of future warfare. These incredibly fast projectiles, virtually impervious to current defense systems, have necessitated the development of countermeasures. In response to this challenge, the U.S. Missile Defense Agency initiated the Glide Phase Interceptor (GDI) program in 2021, to create a weapon capable of neutralizing hypersonic threats. After a competitive process involving multiple companies, Northrop Grumman emerged as the preferred contractor. Glide Phase Interceptor: A New Era in Hypersonic Missile Defense (Northrop Grumman) Their design demonstrated the potential to effectively counter…
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Alfa Romeo has discontinued the V6-powered Giulia Quadrifoglio for the 2025 model year, replacing it with a 2.0 liter turbocharged I4 engine across the board. The lineup has been streamlined, with the Sprint, Ti, and Veloce trims replaced by a base Giulia and a limited-run Tributo Italiano special edition. The 2025 Giulia starts at $46,195, a significant increase from the 2024 Giulia Sprint’s $41,690. The Tributo Italiano, with its sporty touches and premium appointments, is priced at $49,690. Both trims come with rear wheel drive as standard, but all-wheel drive is optional. Alfa Romeo Updates 2025 Giulia with New Engine…
By Matt Tracy and Shankar Ramakrishnan (Reuters) -The beleaguered U.S. office property market may be bottoming out, analysts told Reuters, pointing to a string of sales of stressed properties at big discounts over the last quarter that have helped set a new pricing benchmark. The U.S. office property market has been hard hit since the pandemic by higher interest rates and as many office workers worked from home. Prices for office buildings have fallen 12.4% year-over-year as of the second quarter, according to the RCA Commercial Property Price Index, causing speculation about when a bottom in the market would be…
The early 1970s marked a turning point for the American muscle car era. Government regulations and rising insurance costs forced automakers to downsize and de-tune their high-performance engines. Ford was no exception, discontinuing iconic models like the Boss 429 and 428 Cobra Jet in 1971. However, the company did offer a few final hurrahs with the revised 429 Cobra Jet and the new Boss 351. The revised 429 Cobra Jet was a formidable engine, producing 370 horsepower, a significant increase over the previous year’s 428 cubic inch version. The Super Cobra Jet, with its 375 horsepower output, was on par…
Tesla Bull Sees ‘Breadcrumbs’ From Elon Musk On EV Giant’s Potential Entry Into Aviation Segment, Says It Could Boost Tesla Stock By This MuchMorgan Stanley analyst Adam Jonas sees chances for electric carmaker Tesla Inc. (NASDAQ:TSLA) to step into the aviation sector in the future.What Happened: “Is it just me, or are you seeing more ‘breadcrumbs’ from Tesla’s CEO that could potentially connect Tesla with aviation?” Jonas wrote in a note on Monday.Don’t Miss:Jonas noted that in Tesla’s second-quarter earnings call, company CEO Elon Musk said that the world is headed towards electrified transport, choosing electricity for not just cars…
The F-35 Lightning II, a versatile fighter aircraft, is available in three main variants for the U.S. military: the F-35A, F-35B, and F-35C. Each variant is designed to meet the specific needs of different branches, with the F-35B leading the way as the first to enter operational service in 2015. Its STOVL capabilities make it ideal for Marine Corps operations. The Air Force followed suit in 2016 with the F-35A, and the Navy joined the fleet in 2019 with the F-35C. Over time, the lines between these variants have blurred, as evidenced by the recent assignment of F-35Cs to a…
Haleon plc (LSE/NYSE: HLN), a global consumer health company, disclosed today that Alan Stewart has resigned from its board of directors. Stewart’s departure was effective as of Sunday, September 26, 2024, as reported in compliance with the Listing Rules. The announcement was made through a Form 6-K filing with the U.S. Securities and Exchange Commission. The filing, dated today, did not specify the reasons for Stewart’s resignation from the board. Alan Stewart also stepped down from the board of Diageo (LON:) plc, a multinational beverage alcohol company, on the same date. Haleon, formerly known as DRVW 2022 Ltd, is known…
Image source: Getty Images The Tesla (NASDAQ: TSLA) share price has had a fairly rocky ride in 2024 so far. And it’s still some way down from its heights of 2021. But, from the end of August to market close on the last day of September, Tesla rose by a whopping 22%. Can it go still further in October? Deliveries Tesla just released its Q3 delivery figures on 2 October. And these showed a 6.4% rise on the same quarter a year earlier. It’s the first quarterly increase this year, so that’s good, right? Well, the Tesla share price fell…
On Thursday, Citi reaffirmed its Neutral rating on Coca-Cola (NYSE:) HBC AG (CCH:LN) (OTC: CCHGY) shares with a consistent price target of £27.50. The firm anticipates that Coca-Cola HBC’s third-quarter results will be robust, bolstered by the company’s varied geographic presence which likely shielded it from the adverse weather conditions that affected many European markets in September. Coca-Cola HBC’s operations in emerging markets are expected to show strong growth, particularly due to favorable weather conditions boosting trade in Russia, while Nigeria’s performance remains solid. Citi has slightly increased its full-year 2024 estimates for the group’s organic sales growth (OSG) and…
As a continuation of my recent article discussing the exaggerated claims about the demise of cars, one sedan that remains vibrant and thriving is the legendary Toyota Camry. Toyota recently released its Q3 2024 sales figures for the U.S., and the Camry continues its upward trend. Sales for this reliable family sedan increased by 1.7%, reaching 22,934 units. Even more impressive is the Camry’s performance for the year through September, with a 4.4% rise in sales, totaling 227,576 vehicles. Between January 1 and September 30, there are 273 days. Based on this, Toyota sold an average of 833.6 Camrys per…