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Lockheed Martin COO on Trump's Golden Dome: Three-year timeline is 'very realistic'
CNBC Television· 2025-06-16 14:45
Well, as the world's leader in integrated air and missile defense, Loheed Martin is really proud to be part of bringing President Trump's vision to pass. And there are a lot of existing capabilities, be it space-based sensing, command and control, surfacebased sensing, andectors that have been proven in conflict over the last several years that are already in existence. The real challenge is scaling that up in quantity and then creating the integration of those separate pieces.And so we definitely think som ...
Watch: WSJ Reporter at Site of Iranian Strike Near U.S. Consulate
WSJ News· 2025-06-16 13:46
We've had several nights of Iranian barges across Israel. The American consulate in Tel Aviv is about a few minutes walk from the impact site of the the missiles from last night. You can see store owners cleaning up, sweeping up uh glass that was shattered from their storefronts from the shock wave.The consulate does appear to be uh you know not damaged. However, stores in front of it had their uh their storefronts shattered because of the shock wave of the missile come from Iran. All the All the windows sh ...
Hexagon Purus signs new supply agreement with Hino Trucks and is set to explore options for the BVI segment
Globenewswire· 2025-06-16 12:31
Core Insights - Hexagon Purus has signed a long-term agreement with Hino Trucks for the production and supply of Class 6 & 7 battery electric straight trucks for the U.S. market, with prototypes expected to be delivered in Q4 2025 [1][2][3] Company Overview - Hexagon Purus is a leading manufacturer of zero-emission mobility solutions, specializing in hydrogen Type 4 high-pressure cylinders, battery systems, and vehicle integration solutions for both fuel cell electric and battery electric vehicles [8] - Hino Trucks manufactures and services Class 4-8 commercial trucks in the U.S., known for their reliability and low total cost of ownership, supported by a network of over 240 dealers [6] Product Details - The new Class 6 & 7 straight trucks will utilize Hino's chassis and Hexagon Purus' proprietary zero-emission technology, including battery systems and power modules, leveraging existing investments in product development [2][3] - The trucks are designed for urban operations with high stop-and-go activity, making them suitable for fleet operators [3] Strategic Initiatives - Hexagon Purus is reviewing its overall business portfolio to secure cash runway to EBITDA and cash break-even, and is exploring alternatives for its Battery Systems and Vehicle Integration division following the agreement with Hino [4] - The company has engaged ABG Sundal Collier ASA as a financial advisor and Advokatfirmaet Schjødt AS as a legal advisor to assist in this process [5]
The Gross Law Firm Reminds Bitfarms Ltd. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 8, 2025 - BITF
Prnewswire· 2025-06-16 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Bitfarms Ltd. regarding a class action lawsuit due to alleged misleading financial statements and internal control deficiencies [1][2]. Group 1: Allegations Against Bitfarms Ltd. - The complaint alleges that Bitfarms maintained deficient internal controls over financial reporting [1]. - It is claimed that the company incorrectly categorized proceeds from the sale of digital assets as cash flow from operating activities instead of investing activities [1]. - The company allegedly overstated its ability to remediate material weaknesses in its internal controls related to the classification of the 2021 Warrants [1]. - These errors reportedly caused Bitfarms to misstate various items in previously issued financial statements, which may need to be restated [1]. - As a result, the company's public statements were materially false and misleading throughout the relevant period [1]. Group 2: Class Action Details - The class period for the lawsuit is from March 21, 2023, to December 9, 2024 [1]. - Shareholders are encouraged to register for the class action by July 8, 2025, to participate in potential recovery [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [2]. Group 3: About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].
Very Possible This Iranian Regime Could Collapse, NUFDI's Khansarinia Says
Bloomberg Television· 2025-06-16 06:45
How vulnerable is the Iranian regime at this point. Well, after 46 years of rule, the Islamic Republic is probably at its weakest moment that it's ever been. I mean, the past few days of Israeli attacks on the Islamic Republic have not only been a significant operational and strategic weakening of this regime, but also a significant psychological weakening of this regime.Ali Khamenei has ruled this country without elections as a one man show, really for 30 years. And the generals who rise up in his armed fo ...
Israel's Netanyahu Says 'Iranian Regime Is Very Weak' | WSJ News
WSJ News· 2025-06-15 18:31
Is regime change part of the effort here. Could certainly be the result because the Iran regime is very weak. I I think it's basically left with two things.It's its plans to have atomic bombs and ballistic missiles. That's basically what Iran has. We decided to act because we had to we saw enough uranium enriched uranium for nine bombs and all they had to do was weaponized them.We stopped that by attacking we're attacking their nuclear sites. We attacked their chief uh nuclear scientists working. It's like ...
WSJ Correspondent Reports From Bomb Shelter as Israel and Iran Trade Fire | WSJ News
WSJ News· 2025-06-15 04:04
You can hear now the sirens uh here in northern Israel. This is the second night in a row uh that we're getting ballistic missile attack uh from Iran. It was very quiet day all day and now late at night a new attack is beginning.Iran launched a barrage of missiles at Israel overnight as Israel said it was striking tan. They continued to attack sites connected to the country's ballistic missile program. senior military personnel.And for the first time, Iran's energy infrastructure, including gas fields and f ...
Israelis Survey Damage After a Night of Missile Attacks From Iran | WSJ News
WSJ News· 2025-06-14 16:49
I'm standing here in Ramatan where an Iranian missile impacted a building killing one person according to local authorities here. We also had invert. This is part of the damage that we're seeing across uh central Israel.We had another uh hit in uh the city of Risha Lion. The buildings around here have also suffered from impact. So you can see, you know, the windows are broken. You can see a bit of shrapnel.But the hardest hit we're really looking at is behind us where local authorities say that we had a wom ...
15 Israeli citizens reportedly injured in retaliatory strikes
CNBC Television· 2025-06-13 21:30
Hey there, Melissa. We are getting some word now on casualties in Israel tonight in an initial report from Tel Aviv's Sheibba Hospital where a spokesperson says they are treating 15 injured civilians, one of whom they say arrived in extremely critical condition. You can expect, Melissa, those numbers to change as we get additional reporting from around the country through the night tonight. Uh, and we saw a direct appeal from Israeli Prime Minister Benjamin Netanyahu to the Iranian people, signaling that th ...
Netanyahu on Iran Missile Strike: 'More Is on the Way'
Bloomberg Television· 2025-06-13 20:21
We're in the midst of one of the greatest military operations in history. Operation Rising Line. In the past 24 hours, we've taken out top military commanders, senior nuclear scientists, the Islamic regime's most significant enrichment facility, and a large portion of its ballistic missile arsenal.More is on the way. The regime doesn't know what hit them. They don't know what will hit them. ...