The U.S. War Department has announced that 30,000 drones are being delivered now and will be ordering 60,000 more in September.
This is under the $1.1 billion Drone Dominance Program, a two-year effort to execute President Donald Trump's Executive Order, which articulated the urgent need for the department to procure, integrate and train with low-cost, high-performing drones manufactured in the U.S.
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.