The defense company Ukrainian Armor and European firm MBDA on June 10 initiated a strategic partnership aimed at developing deep strike and anti-drone systems.

Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near.

In the fifth year of Russia's full-scale invasion of Ukraine, mil-tech startups still struggle to access bank financing amid strict secrecy and lack of collateral.

Ukraine signed new defense cooperation agreements with Latvia and Estonia on June 9, deepening security and defense ties with the Baltic nations.