“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.
North Korea launches solid-fuelled ICBM for the first time
Photos released by state media showed the maiden launch of the Hwasong-18 ICBM on 13 April. (Photo: KCNA)
In quick speed, North Korea has performed its maiden launch of a solid-fuelled ICBM after parading it just two months ago.
North Korea reached another milestone in its nuclear ambitions by successfully launching a solid-fuelled intercontinental ballistic missile (ICBM) for the first time on 13 April.
Pyongyang called the new-type ICBM a Hwasong-18. The missile followed a lofted trajectory after being launched from a nine-axle transporter-erector-launcher (TEL).
Kim Jong-un was in attendance with his daughter, who is now a constant fixture at such missile launches.
State media said: ‘The test firing was aimed at confirming the performance of the high-thrust solid-propellant multistage motors, the stage separation technology and the reliability of various functional control systems, and appraising the military utility of
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