Georgia Manufacturing Investment: Siemens says it will invest at least $185M in a new Pendergrass, GA facility, creating 1,400+ jobs over three years, with production aimed at low-voltage electrical infrastructure for data centers and AI infrastructure. Defense Production & Drones: The U.S. Army cleared the first production batch of UVision’s HERO 120 loitering munition after final quality testing, paving the way for larger deliveries under a $982M multi-year contract. Aviation Safety: The FAA ordered inspections of about 471 Boeing 737 MAX jets after reports of potential fuselage cracking tied to the “bear strap” area, with the directive set to take effect Sept. 10. Labor Market Watch: Employers cut 23,000 jobs in July and prior months were revised down; unemployment fell to 4.1% largely because 264,000 people left the labor force, while manufacturing added jobs. Trade & Tariffs: Trump’s tariff refunds are flowing to big importers like Apple, Ford, and Amazon, raising questions about whether consumer prices will actually drop. Supply Chain Security: FDA is launching a DSCSA assessment for small pharmacies on package-level tracing, with temporary compliance exemptions. Cyber Risk in Defense Supply Chains: IEH disclosed a cyber incident after a phishing attack exposed potentially export-controlled technical information in its email system.