US Approves Sale of $2 Billion in Military Hardware to Australia
Australia had asked to buy equipment and services for its Boeing F/A-18F Super Hornet fighter jet, and the electronic attack aircraft EA-18G Growler which can disrupt, deceive or deny a broad range of military electronic systems.
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Peabody Energy Stock Surges After Scrapping $3.8 Billion Anglo American Coal Deal
Peabody Energy Corp. (NYSE:BTU) has abandoned its planned $3.8 billion purchase of steelmaking coal assets from Anglo American (OTC:AAUKF), citing a material adverse change following a March fire at the Moranbah North mine in Australia. The incident left the mine idled with no clear timeline for resuming longwall production. The withdrawal comes less than a year after Anglo agreed to divest the portfolio to Peabody as part of a sweeping restructuring effort. The original deal, valued at up to $3.8 billion, was expected to close in 2025. That package included an 88% stake in the Moranbah North joint venture, a 70% share of the Capcoal joint venture, and other key positions such as the Dawson and Roper Creek projects. Also Read: Anglo American CEO Duncan Wanblad had described the sale as a critical move to streamline operations and sharpen the company's focus on copper, iron ore, and crop nutrients. The divestment followed its earlier $1.1 billion sale of a Jellinbah Group stake. At the time of the announcement, Jim Grech, Peabody's president and CEO, had called the portfolio "world-class" and said it would create long-term value by integrating with Peabody's global operations. However, after the fire at Moranbah North, the largest mine in the package, no revised terms were reached to offset the long-term impact. Peabody subsequently terminated both the acquisition and a related agreement to sell the Dawson mine to PT Bukit Makmur Mandiri Utama. Anglo had projected Moranbah would produce more than 5 million tons of saleable coal in 2025. Instead, the fire saddled the mine with roughly $45 million in monthly holding costs, undermining the deal's economics. The uncertainty around recovery ultimately became the deal's breaking point. Peabody now plans to emphasize growth from its Centurion Mine in Australia, a 25-year premium hard coking coal project, while continuing a four-part strategy built on safe operations, returning 65-100% of free cash flow to shareholders, organic growth, and balance sheet strength. The company said it remains well-positioned despite the failed acquisition. In the wider coal sector, peers include Arch Resources Inc. (NYSE:) and Alpha Metallurgical Resources Inc. (NYSE:AMR). Investors also track energy-linked exchange-traded funds such as the VanEck Coal ETF (NYSE:KOL) and the SPDR S&P Metals & Mining ETF (NYSE:XME). Price Action: BTU shares are trading higher by 7.84% to $18.44 premarket at last check Tuesday. Read Next: Photo by LookerStudio via Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? PEABODY ENERGY (BTU): Free Stock Analysis Report This article Peabody Energy Stock Surges After Scrapping $3.8 Billion Anglo American Coal Deal originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Lumen Turbocharges Data Centers with Up To 400Gbps Connectivity to Fuel AI
High-Speed Ethernet and IP Services available across 16 major metro markets and 70+ third-party data centers Helps enterprises control costs with built-in automation and usage-based pricing DENVER, August 19, 2025--(BUSINESS WIRE)--As enterprise business demand for AI acceleration and multi-cloud scale reaches historic highs, Lumen Technologies (NYSE: LUMN) is stepping up with major enhancements to data center and cloud connectivity across its U.S. network. This strategic expansion will enable Lumen to deliver blazing-fast, secure, cost-efficient infrastructure with up to 400Gbps Ethernet and IP Services at more than 70 third-party, cloud on-ramp ready data centers across 16 highly connected metro markets. "This investment isn't just about faster data center connectivity–it's about creating the digital foundation for an AI-first economy," said Ashley-Haynes Gaspar, Lumen's Chief Revenue Officer. "We're giving customers what they need most: performance, flexibility, and speed at scale–whether they're turning up a single connection or orchestrating thousands of AI workloads across metro markets." With Lumen's expansive fiber network, customers can quickly turn up services as needed–provisioning bandwidth in minutes, scaling up to 400Gbps and only paying for what they use. This makes it easy to connect to data centers and cloud on-ramps, scale enterprise applications, and respond to fluctuating AI and data-intensive demands, all while managing costs. Because Lumen owns and operates the underlying network, customers benefit from greater control, reliability, and performance. "Lumen's network investment in bringing high-speed connectivity to key data centers is a strategic move to meet the growing demand for more capacity and reach across data centers, anticipating customer needs amid the AI boom where network is emerging as an indispensable resource," said Ghassan Abdo, vice president of research, worldwide telecommunications, IDC. "This expansion supports AI-first planning and multi-cloud architectures, ensuring a high-performance environment for business applications, which are the lifeblood of digital enterprises." High-speed data center connectivity up to 400Gbps is now available in the following metro markets: Northern Virginia Atlanta Chicago Columbus Dallas Denver Kansas City Las Vegas Los Angeles Minneapolis New York City Phoenix Portland San Antonio (4Q '25) San Jose Seattle Lumen solutions available at these data centers support speeds up to 400Gbps–built to meet the demands of AI, cloud, and next-generation enterprise workloads. Customers can access: Ethernet On-Demand – flexible, high-speed connectivity activated in real-time Internet On-Demand – scalable internet access, when and where it's needed E-Line – point-to-point Ethernet for secure, predictable data transport E-LAN – multipoint-to-multipoint Ethernet for seamless site interconnectivity E-Access – simplified access to broader Ethernet networks for enterprise reach "This expansion is just the beginning," added Haynes-Gaspar. "As enterprises race to harness the power of AI, Lumen is building the network foundation they need to move faster, scale smarter, and stay ahead. We're not just keeping up with digital transformation, we're helping our customers lead it." Lumen operates one of the most widely interconnected networks in the U.S. The Lumen network is designed to deliver <5 milliseconds of latency at the edge to meet 97% of U.S. enterprise demand and offers true network agility by enabling connectivity to all major cloud providers, 2,200+ third-party data centers, and more than 163,000 on-net customer locations. Lumen is continuing to invest in the company's network, expanding its footprint with a goal to reach 47 million intercity fiber miles by the end of 2028. By focusing on targeted infrastructure upgrades and investments that support high-growth markets, Lumen is building a foundation that delivers the modern, flexible digital infrastructure and connectivity that modern enterprises demand. Learn more about Lumen Ethernet and IP Services: About Lumen Technologies Lumen is unleashing the world's digital potential. We ignite business growth by connecting people, data, and applications – quickly, securely, and effortlessly. As the trusted network for AI, Lumen uses the scale of our network to help companies realize AI's full potential. From metro connectivity to long-haul data transport to our edge cloud, security, managed service, and digital platform capabilities, we meet our customers' needs today and as they build for tomorrow. For news and insights visit LinkedIn: /lumentechnologies, X: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies, and YouTube: /lumentechnologies. View source version on Contacts Courtney MortonLumen 801-238-0228 Sign in to access your portfolio
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12 minutes ago
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Defense Unicorns Accelerates Secure Software Delivery for Defense Missions with RapidFort
Partnership strengthens software security posture and enables faster deployments for defense environments SAN FRANCISCO, August 19, 2025--(BUSINESS WIRE)--RapidFort, the fastest growing cybersecurity company securing the global software supply chain, has partnered with Defense Unicorns, a veteran-owned defense tech startup, to scale and strengthen its container infrastructure while accelerating deployment of its secure runtime platform for defense missions, Unicorn Delivery Service (UDS). By leveraging RapidFort's platform and Curated Near-Zero CVE Images, Defense Unicorns achieved a near-zero CVE state across the UDS platform, accelerated delivery, enhanced compliance, and optimized deployment without the overhead of building internal hardening pipelines. "RapidFort's experience within classified environments and collaborative approach has made them a trusted partner in helping us deliver secure, reliable software to the teams who need it most, without slowing down mission-critical deployments," said Rob Slaughter, CEO of Defense Unicorns. "Their curated images, FIPS-validated modules, and hands-on support enabled our teams to meet compliance requirements effortlessly while accelerating delivery." Like many organizations delivering software in classified environments, Defense Unicorns faced the challenge of hardening software containers at scale, without delaying delivery. This prompted them to make a "build vs. buy" decision and, after evaluating multiple options and the current ecosystem of secure container vendors, they selected RapidFort as the most effective partner to meet their operational and security goals. RapidFort and Defense Unicorns addressed these challenges by: Eliminating over 98% of critical and high CVEs in the UDS Core platform compared to upstream images. Delivering FIPS-validated modules across all 32 UDS Core images to support deployments in compliance-sensitive environments. Reducing image sizes by a total of 140MB (5.9%), accelerating deployment in low-bandwidth and tactical edge environments. Providing engineering collaboration to support fast turnaround on FIPS-compliant builds and resolve emerging issues. Enabling Defense Unicorns to harden containers for its proprietary products, such as the UDS Registry, an OCI-compliant registry launched in June 2025. "Security and speed are equally mission-critical in defense environments, but for many companies, achieving both can feel impossible," said Mehran Farimani, CEO of RapidFort. "By leveraging RapidFort's platform and Curated Near-Zero CVE Images, Defense Unicorns proved that it's possible to accelerate the delivery of secure, compliant software, without compromising mission readiness." RapidFort, available through Platform One, Tradewind Marketplace, AWS Marketplace, Microsoft Azure Marketplace, Google Cloud Marketplace, Carahsoft, and now Azul provides organizations with a reliable and efficient pathway to secure their software supply chain. For more information about the RapidFort platform, please visit: To get started using UDS with RapidFort's Curated Near-Zero CVE Images to securely deliver software for national security missions, reach out to Defense Unicorns at hello@ or About RapidFort RapidFort offers a cybersecurity platform that streamlines and secures modern infrastructure. Their innovative approach allows organizations to continuously monitor and minimize their software attack surface, ultimately improving their security posture and operational efficiency. RapidFort empowers development and security teams with a free tier and free community images, making it easy to get started with secure software development. Learn more about RapidFort at About Defense Unicorns Defense Unicorns is a veteran-owned defense tech startup founded in 2021 to make software a strategic deterrent for the U.S. Department of Defense. They build innovative technical solutions to securely develop and deploy mission software across cloud, on-premises, and tactical edge environments. 'Defense Unicorns' is trusted by the operators of some of the most critical systems in the world, including the U.S. Navy, Army, Air Force, and Space Force. Learn more about Defense Unicorns at View source version on Contacts Cole ChristyLaunchTech Communications619-972-9836cole@ Sign in to access your portfolio
