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- 1Unions and Rights Groups Urge EU Governments to Drop Palantirโ'Not Just Another Tech Company': Unions, Rights Groups Across EU Demand Governments Ditch Palantir
Trade unions and human rights organisations across the European Union are calling on national governments to cut ties with Palantir, the US data analytics firm, arguing it is 'not just another tech company'. The campaign targets public contracts involving the company's surveillance and data-processing services, citing concerns over privacy, civil liberties and the outsourcing of sensitive government work to a foreign military-linked contractor.
- 2Court backs Pentagon's supply chain risk label for AnthropicโผFederal court says Pentagon can label Anthropic a supply chain risk
A federal court has ruled that the Pentagon can designate AI company Anthropic as a supply chain risk, according to the El Dorado News-Times. The decision allows the Defense Department to maintain the designation against the San Francisco-based artificial intelligence firm, a move with potential implications for its ability to work with the US government and defense contractors.
- 3RTX and Lockheed Martin Head For Weekly Gains After Solid Q2โRTX, LMT Stocks Head For Weekly Gains After Solid Q2 Performance โ Retail Calls Defense 'A Bipartisan Issue'
RTX and Lockheed Martin stocks are heading for weekly gains following strong second-quarter results, with both defense contractors topping earnings expectations. Retail investors are also noting the sector's resilience, arguing that defense spending is 'a bipartisan issue' in Washington and largely insulated from political shifts. The upbeat earnings and steady government demand have lifted sentiment around the two companies this week.
- 4Startups bring fresh innovation to defense industrial baseโStartups bring innovation to defense industrial base
Startups are increasingly supplying new technology and fresh thinking to the defense industrial base, a sector long dominated by large legacy contractors. The report highlights how smaller, faster-moving companies are helping modernize defense manufacturing and capabilities. Defense innovation has drawn growing attention as governments look to speed up procurement and adopt commercial technology.
- 5Michigan voters to decide campaign finance Proposal 2โMichigan voters will decide on Proposal 2 this November, a ballot initiative that would restrict campaign contributions
Michigan voters will weigh in on Proposal 2 this November, a ballot initiative that would bar utility companies and government contractors from making campaign contributions. Supporters say the measure would curb pay-to-play influence in state politics, while debate centers on how far restrictions on political donations should go ahead of the vote.