Stock market today: Wall Street falls on double dose of...
Stocks closed lower on worries about a potentially toxic cocktail for financial markets, one where inflation remains stubbornly high but the economy’s growth flags
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Stocks closed lower on worries about a potentially toxic cocktail for financial markets, one where inflation remains stubbornly high but the economy’s growth flags
The U.S. Army announced April 24 that it awarded options to both Griffon Aerospace and Textron Systems to conduct flight demonstrations for its Future Tactical Uncrewed Aircraft System (FTUAS) program.
Worries about a potentially toxic cocktail combining stubbornly high inflation with a flagging economy dragged U.S. stocks lower on Thursday. A sharp drop for Facebook’s parent company, one of Wall Street’s most influential stocks, also hurt the market.
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The US Army plans to procure a Future Tactical UAS (FTUAS) to replace the Textron Systems RQ-7Bv2 Shadow tactical UAV currently in service with the US Army's Brigade Combat Teams (BCTs). The FTUAS is being developed under the wider Future UAS (FUAS) programme.