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Tag: US Defense Department

Business
  • Web Desk Karachi
  • Jul 02, 2025
Oracle announces record $30 billion cloud contract, expected to boost revenue in 2028

The $30 billion deal ranks among the largest cloud contracts on record. That revenue alone would represent nearly three times the size of Oracle’s current infrastructure business, which totalled $10.3 billion over the past four quarters.

Business
  • Web Desk Karachi
  • Jun 11, 2025
US Air Force halves F-35 request for Congress, dealing blow to Lockheed Martin

A Defense Department procurement request document sent to Capitol Hill this week asked for 24 of the planes, down from 48 that was forecast last year.

The US said it has added Chinese tech giant Tencent Holdings and CATL to a list of companies it says work with China's military.
Technology
  • Web Desk
  • Jan 10, 2025
US adds Tencent to list of Chinese firms allegedly aiding military

Tencent shares fell 7.3 per cent and CATL’s 2.8 after US alleged the companies work for Chinese military.

Iran has brokered ongoing secret talks between Russia and Houthisto transfer Russian anti-ship missiles to the militant group.
World
  • Reuters
  • Sep 25, 2024
Iran reportedly brokering talks to send Russian missiles to Houthis

The Yakhont is considered one of the world’s most advanced anti-ship missiles, designed to skim the sea’s surface.

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Pakistan-brokered Iran-US framework accord text surfaces
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  • 46 Minutes ago
Pakistan-brokered Iran-US framework accord text surfaces
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  • Web Desk
  • 1 Hour ago
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Bilawal warns against BISP cuts, says provinces contributing to save economy
  • Web Desk
  • 2 Hours ago
Bilawal warns against BISP cuts, says provinces contributing to save economy
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