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L3Harris Technologies (NYSE: LHX) and Shield AI have successfully demonstrated a first-of-its-kind integration combining L3Harris’ electromagnetic battle management ecosystem known as Distributed Spectrum Collaboration and Operations (DiSCO™) with Shield AI’s Hivemind mission-autonomy software.
The joint effort marks a significant milestone in autonomous electronic warfare by showcasing how unmanned systems can detect, analyze and respond to electromagnetic threats in real time without human intervention.
“This demonstration validates our ability to rapidly deliver the AI-driven, multi-domain solutions our warfighters need now,” said Lauren Barnes, President, Spectrum Superiority, Communications and Spectrum Dominance, L3Harris. “By integrating autonomous decision-making with advanced battle management technology, we’re answering the Pentagon’s urgent call for coordinated command and control of multiple unmanned systems.”
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The real-time, hardware-in-the-loop simulation involved DiSCO gathering and analyzing threat intelligence from multiple unmanned aircraft systems to create a fused common operating picture of the electromagnetic spectrum. The insights enabled the Hivemind-powered UAS to autonomously identify safe operating zones and execute tactical maneuvers to achieve mission objectives.
“Electronic warfare moves at machine speed, and operational advantage depends on autonomy,” said Christian Gutierrez, Vice President, Hivemind Solutions, Shield AI. “Our integration with DiSCO shows that unmanned systems can sense and act across the electromagnetic spectrum in real time and we’re excited to build on this momentum with L3Harris and expand across the electronic warfare mission set.”
The demonstration also integrated an L3Harris electronic warfare vehicle, Green Wolf, equipped with electronic attack and other detection capabilities. Other elements of the test included the use of a software-defined radio payload that provided electronic support with Shield AI’s Hivemind software and UAS communications relay platform – all operating in an environment that replicated real-world conditions.
Both companies plan to conduct live flight testing later this year with actual radio frequency emitters, platforms and payloads for coordinated electronic warfare operations.
BAE Systems (LON: BA) has completed the Preliminary Design Review for the $1.2 billion U.S. Space Force (USSF) Space Systems Command (SSC) Resilient Missile Warning & Tracking (RMWT) – Medium Earth Orbit (MEO) Epoch 2 program to provide missile warning and tracking of advanced missile threats.
This milestone establishes the technical foundation for the satellite and ground command and control (C2) systems. Completion of the preliminary design for a multi-satellite constellation was achieved in less than nine months from the time of award.
This was possible using high technology readiness level components such as BAE Systems’ TREK product bus, the use of model-based systems engineering, and its extensive heritage with infra-red optical payloads.
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“We have achieved a successful Preliminary Design Review with Space Force’s Space Systems Command, based on our collective use of digital modelling and simulation that validates the implementation of our plan,” said Thai Sheridan, vice president and general manager of Military Space for BAE Systems. “BAE Systems is leading this integrated program from a mission planning level, payload and bus delivery, to launch, ground and operations support.”
BAE Systems serves as the prime contractor for the program, which features extensive use of digital model-based systems engineering to streamline data analysis and design capabilities.
The company will design and build 10 spacecraft for the MEO Epoch 2 mission. It will also develop the ground system that will manage the satellite constellation by delivering mission management, command and control and mission operations solutions to enhance operational efficiency.
The mission will provide resilient, space-based missile warning and tracking of ballistic missiles and advanced threats, such as hypersonic glide vehicles.
The SSC MEO Epoch 2 program is a part of Department of War and Space Force satellite constellations that BAE Systems supports to enhance national security and defense.
Leidos (NYSE: LDOS) will modernize the U.S. Air Force’s Cloud One platform to accelerate the secure deployment of cloud capabilities. This program is designed to create a vehicle for modernization that can be deployed across the Department of War to help safeguard mission-critical systems and data and drive broader, faster adoption of cloud capabilities across the Air Force.
Under the $454.9 million contract, Leidos will work with Amazon Web Services, Azure, Google Cloud Platform, and Oracle Cloud Infrastructure to transform the Air Force’s multi-cloud environment. The improvements are designed to boost security, increase automation and simplify day-to-day operations, all while helping reduce costs and enabling Air Force teams to manage cloud operations faster and with greater confidence, making it easier for more units to adopt and scale cloud services.
“Modernizing Cloud One helps the Air Force deploy mission-critical operations faster and defend them more effectively,” said Steve Hull, president of Leidos’ Digital Modernization. “It also creates a secure, repeatable cloud foundation that other Department of War organizations can adopt, helping to remove barriers to cloud adoption and enabling teams to move faster and more securely to help meet mission demands and maintain a strategic edge.”
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By streamlining cloud processes and reducing complexity, the program is intended to accelerate cloud adoption across Air Force units worldwide, making it easier for them to move applications to the cloud, while strengthening cyber defenses and enhancing mission readiness.
Leidos is a trusted partner in the Cloud One program, delivering innovative solutions that support the Air Force’s transition to the cloud. This effort aligns fully with Leidos’ NorthStar 2030 strategy and its focus on leading large-scale technology and cybersecurity innovation and modernization for the federal government.
National Harbor, MD
Jun 10 - 11, 2026
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EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, Thursday March 12, 2026
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $54.5 billion in January, down $18.4 billion from $72.9 billion in December, revised.
| Deficit: | $54.5 Billion | –25.3%° |
| Exports: | $302.1 Billion | +5.5%° |
| Imports: | $356.6 Billion | –0.7%° |
Next release: Thursday, April 2, 2026 (°) Statistical significance is not applicable or not measurable. Data adjusted for seasonality but not price changes Source: U.S. Census Bureau, U.S. Bureau of Economic Analysis; U.S. International Trade in Goods and Services, March 12, 2026 | ||
Exports, Imports, and Balance (exhibit 1)
January exports were $302.1 billion, $15.8 billion more than December exports. January imports were $356.6 billion, $2.6 billion less than December imports.
The January decrease in the goods and services deficit reflected a decrease in the goods deficit of $17.5 billion to $81.8 billion and an increase in the services surplus of $1.0 billion to $27.3 billion.
Year-over-year, the goods and services deficit decreased $73.9 billion, or 57.6 percent, from January 2025. Exports increased $28.4 billion or 10.4 percent. Imports decreased $45.5 billion or 11.3 percent.
Three-Month Moving Averages (exhibit 2)
The average goods and services deficit increased $7.8 billion to $61.1 billion for the three months ending in January.
Year-over-year, the average goods and services deficit decreased $40.6 billion from the three months ending in January 2025.
Exports (exhibits 3, 6, and 7)
Exports of goods increased $14.6 billion to $195.5 billion in January.
Exports of goods on a Census basis increased $14.8 billion.
Net balance of payments adjustments decreased $0.1 billion.
Exports of services increased $1.2 billion to $106.7 billion in January.
Imports (exhibits 4, 6, and 8)
Imports of goods decreased $2.8 billion to $277.3 billion in January.
Imports of goods on a Census basis decreased $3.0 billion.
Net balance of payments adjustments increased $0.1 billion.
Imports of services increased $0.2 billion to $79.3 billion in January.
Real Goods in 2017 Dollars – Census Basis (exhibit 11)
The real goods deficit decreased $14.0 billion, or 14.3 percent, to $83.9 billion in January, compared to an 18.0 percent decrease in the nominal deficit.
Revisions
Exports and imports of goods and services were revised for July through December 2025 to incorporate more comprehensive and updated quarterly and monthly data. In addition to these revisions, seasonally adjusted data for all months of 2025 were revised so that the totals of the seasonally adjusted months equal the annual totals.
Revisions to December exports
Revisions to December imports
Goods by Selected Countries and Areas: Monthly – Census Basis (exhibit 19)
The January figures show surpluses, in billions of dollars, with United Kingdom ($7.0), Netherlands ($6.4), South and Central America ($4.5), Switzerland ($3.0), Hong Kong ($3.0), Saudi Arabia ($2.2), Brazil ($1.8), Singapore ($1.7), Australia ($1.7), and Belgium ($0.9). Deficits were recorded, in billions of dollars, with Vietnam ($19.0), Taiwan ($17.3), Mexico ($12.8), China ($12.5), European Union ($6.1), South Korea ($6.0), Japan ($5.5), Germany ($4.9), Italy ($3.3), Malaysia ($3.2), India ($2.8), Canada ($2.7), Ireland ($2.4), France ($1.5), and Israel ($0.7).
Goods and Services by Selected Countries and Areas: Quarterly – Balance of Payments Basis (exhibit 20)
Statistics on trade in goods and services by country and area are only available quarterly, with a one-month lag. With this release, fourth-quarter figures are now available.
The fourth-quarter figures show surpluses, in billions of dollars, with Switzerland ($24.1), Netherlands ($21.0), South and Central America ($19.6), United Kingdom ($15.9), Brazil ($14.2), Singapore ($10.1), Ireland ($10.0), Hong Kong ($7.2), Australia ($6.6), Belgium ($3.9), and Saudi Arabia ($3.3). Deficits were recorded, in billions of dollars, with Taiwan ($50.7), Mexico ($49.5), Vietnam ($47.7), China ($31.7), Germany ($21.6), India ($13.4), Japan ($10.8), South Korea ($9.4), Malaysia ($7.9), France ($7.5), Italy ($7.5), European Union ($4.5), Canada ($4.3), and Israel ($2.3).
All statistics referenced are seasonally adjusted; statistics are on a balance of payments basis unless otherwise specified. Additional statistics, including not seasonally adjusted statistics and details for goods on a Census basis, are available in exhibits 1-20b of this release. For information on data sources, definitions, and revision procedures, see the explanatory notes in this release. The full release can be found at www.census.gov/foreign-trade/Press-Release/current_press_release/index.html or www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services. The full schedule is available in the Census Bureau’s Economic Briefing Room at www.census.gov/economic-indicators/ or on BEA’s website at www.bea.gov/news/schedule.
Next release: April 2, 2026
U.S. International Trade in Goods and Services, February 2026
Change to the Euro Area
With this release of the “U.S. International Trade in Goods and Services” report (FT-900), statistics beginning with January 2026 for the area grouping “Euro Area” include Bulgaria, which adopted the euro as its currency effective January 1, 2026. This change affects exhibit 14 of the FT-900 and exhibit 4 of the FT-900 Supplement.
Release Dates for the Remainder of 2026
| Statistical Month | Date |
| February 2026 | April 2 |
| March 2026 | May 5 |
| April 2026 | June 9 |
| May 2026 | July 7 |
| June 2026 | August 4 |
| July 2026 | September 3 |
| August 2026 | October 6 |
| September 2026 | November 4 |
| October 2026 | December 8 |
Upcoming Updates to Goods and Services
With the releases of the FT-900 and the FT-900 Annual Revision on June 9, 2026, statistics on trade in goods, on both a Census basis and a balance of payments (BOP) basis, will be revised beginning with 2021 and statistics on trade in services will be revised beginning with 1999. The revised statistics for goods on a BOP basis and for services will also be included in the “U.S. International Transactions and Investment Position, 1st Quarter 2026 and Annual Update” report and in BEA’s Interactive Data Application, both to be released by BEA on June 24, 2026.
Revised statistics on trade in goods will reflect:
Revised statistics on trade in services will reflect:
A preview of BEA’s 2026 annual update of the International Transactions Accounts will be available in the Survey of Current Business in April 2026.
If you have questions or need additional information, please contact the Census Bureau, Economic Indicators Division, International Trade Macro Analysis Branch, on 800-549-0595, option 4, or at eid.international.trade.data@census.gov or BEA, Balance of Payments Division, at InternationalAccounts@bea.gov.


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