The European Central Bank (ECB) left interest rates unchanged at its meeting Thursday, citing the effects of the Iran War on energy markets. The bank kept its benchmark deposit rate at 2.25 percent, with its main refinancing and marginal lending rates remaining at 2.40 percent and 2.65 percent, respectively. Subscribe Today Get daily emails in your inbox The ECB assessed that energy prices remain volatile and consistently elevated when compared to pre-war conditions, noting in a statement that “uncertainty remains high and the full inflationary impact of the energy shock has yet to play out.” The bank also said it was “closely monitoring the intensity and duration of the shock, as well as its indirect and second-round effects.” Inflation in the Eurozone dipped slightly in June to 2.8 percent, down from 3.2 percent in May. The ECB has a target inflation rate of 2 percent for its monetary policy decisions. Energy prices remain a major driver of high inflation in the Eurozone, with Brent crude oil hitting $100 a barrel following the resumption of hostilities in the Middle East earlier this month. A further intensification of the war, with the attendant additional pressure on energy prices, could prompt…
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MoreLongtime ballistic helmet leader to guide next chapter of protection, innovation and growth CLEVELAND, Ohio – July 22, 2026 – Team Wendy®, a leading provider of head protection systems for military, law enforcement, search and rescue, and adventure sports, announces the appointment of Vasilios Brachos as President of Team Wendy,…
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Brent crude oil prices surged past $100 per barrel for the first time since May after the 12th consecutive night of American strikes on Iran, which retaliated with strikes against Jordan and Kuwait. Brent crude rose 7.4 percent to $101.01 a barrel Thursday. AAA reported the national average price of…
The proliferation of drones in land warfare has brought maneuver to a stalemate, extracting a significant toll in terms of both man and machine. Attack helicopters and their crews, long the lifeblood of maneuver warfare, are increasingly held at risk by a combination of loitering munitions, cheap air defenses, and…
Combat Power Solutions – Primary, Alternate, Contingency and Emergency Power Generation Device At every trade show I visit I run across a product that I take one look at and get it. During SOF Week it was the Primary, Alternate, Contingency and Emergency Power Generation Device from Combat Power Solutions.…
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FORT INDIANTOWN GAP, Pa. — As the battlefield continually shifts toward unmanned aircraft systems, Fort Indiantown Gap is expanding its UAS and counter-UAS training opportunities. Several ranges at the installation have been altered in recent months to allow for UAS and counter-UAS training so service members are prepared when they…
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MoreSubmissions Open for AFSOC’s Thunder Dome 2027 Innovation Competition HURLBURT FIELD, Fla. — Calling all AFSOC innovators for the fourth annual Thunder Dome. The submissions window for ideas is now open for AFSOC’s innovation competition known as Thunder Dome. All submissions received by Sept. 13, 2026, will be considered. This competition is open to…
Initial Order Enhances LRR and Advances Army Drone Dominance Initiative with AV’s Autonomous Group 2 eVTOL UAS ARLINGTON, Va., — July 20, 2026 — AeroVironment, Inc. (“AV”) (NASDAQ: AVAV), a global leader in intelligent, multi-domain autonomous systems, today announced it has been awarded a $117.3 million contract by the U.S. Army for its P550™ electric vertical take-off and landing (eVTOL) unmanned…
Ukraine’s President Volodymyr Zelensky said Tuesday he was replacing the commander of Ukraine’s armed forces, Gen. Oleksandr Syrskyi, with Maj. Gen. Mykhailo Drapatyi, ending days of turmoil over the country’s military leadership. Subscribe Today Get daily emails in your inbox The change follows Zelensky’s dismissal last week of…
Team SIG’s Daniel Horner Notches 15th National Championship Horner leads the field at U.S. Practical Shooting Association’s Multigun Nationals NEWINGTON, N.H., (July 21, 2026) – SIG SAUER, an industry-leading manufacturer of cutting-edge firearms, electro-optics, ammunition, and advanced concepts, congratulates Team SIG professional shooter Daniel Horner for winning his 15th national…
COLUMBIA FALLS, Mont. – July 21, 2026 – PROOF Research is proud to announce it is building on the successful launch of its PROOF Exponential Twist (PXT) with an expanded lineup. The new offerings introduce a new category of steel competition blanks, additional pre-fit barrel offerings and expanded caliber offerings, including new .243- and .257-barrel options. The…
Wing Group CEO Appointed to US Department of Commerce Trade Advisory Committee Lafayette, CA – The Wing Group is honored and pleased to announce that President and CEO Andrew Branagh has been appointed to serve on the U.S. Department of Commerce’s Industry Trade Advisory Committee on Small Business (ITAC 9).…
The U.S. conducted a tenth night of airstrikes and Tehran kept up attacks across the region as the Iran War entered its 144th day. CENTCOM stated Tuesday that U.S. forces had struck “Iranian military command centers, maritime capabilities, missile and drone launch sites, and air defense systems” overnight. The IRGC…
The Netherlands — July 16, 2026 — Gear Town, a premier European supplier of professional-grade equipment, has been awarded Exclusive Distribution rights for the complete Qore Performance ICEAGE ECOSYSTEM of thermoregulation technology across the European Union. Operating from their centralized fulfillment hub in The Netherlands, Gear Town manages all retail…
If you’re not a subscriber to our weekly newsletter, Soldier Systems Digest, you missed this entry form last week. Cold War Concepts The US Army has a long history of small units organized for deep reconnaissance. During the Vietnam War each Division along with a few other units had Long…
USAF Seeks Common Ground-Based Launcher The The Air Force Life Cycle Management Center (AFLCMC) Command, Control, Communications, and Battle Management (C3BM) Directorate at Wright-Patterson Air Force Base (WPAFB), Ohio is has released a Request for Information to industry to identify viable solutions for a Ground-Based Launcher ground-to-air missiles. At this…
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