“Capital follows confidence” as defence courts private money
Outside investment and the direction in which venture money flows may reveal what defence will buy years before formal programmes begin.
American Eagle Airlines is to begin nonstop jet service between Chicago O’Hare (ORD) and Tri-Cities Regional Airport (TRI), centrally located between Bristol, Kingsport and Johnson City, Tennessee, on 2 July.
Eagle will operate the twice-daily service with 44-seat Embraer ERJ 140s.
“American Airlines was the first carrier to operate at Tri-Cities Regional Airport, launching service on 1 September 1937, and we are delighted to bring the American brand back, with service to the Tri-Cities area from our hub in Chicago,” said Gary Foss, vice-president–planning and marketing for the AA Regional Network.
Known as ‘America’s First Frontier,’ the Tri-Cities area boasts numerous historic sites and a rich heritage forged by America’s first settlers.
“The Airport Commission is pleased to be able to work with American Airlines on providing direct service to their Chicago O’Hare hub from Tri-Cities Regional Airport,” said Ken Maness, chairman, Tri-Cities Airport Commission. “The connections available in Chicago will give travellers many new opportunities for national and international destinations.”
Outside investment and the direction in which venture money flows may reveal what defence will buy years before formal programmes begin.
The Department of National Defence expects initial contracts to deliver thousands of uncrewed systems, but has yet to establish the quantities, capability mix or deadline behind Ottawa’s promised tenfold expansion.
The company told Shephard that Ukraine is operating modified Protector weapon stations originally supplied for armoured vehicles, with human operators authorising engagements from hundreds of kilometres away.
A report from the Council on Geostrategy argues the UK should move away from a traditional balanced force and shift investment to naval, air and space capabilities, backed by a larger fleet of attack submarines and deeper AUKUS integration.
At its technology summit in London, attended by Shephard, Thales UK examined the importance of speed to delivery, the growing focus on cross-domain capabilities and how procurement reform could be crucial for future battlefield advantage.
Are all systems ready for the next mission? Have upgrades been applied? Are all assets aligned to deploy together, on time and fully prepared? In modern defence operations, readiness is no longer measured platform by platform. It is measured by how well people, assets, data and decisions move together — across land, sea and air.