News

The EIB Group announced new financing to bolster European defence and tech sovereignty, including expansion of the Defence Equity Facility and a major investment in a pan-European VC fund for deep tech and defence technologies.

The European Investment Fund committed €50 million—its largest ever in defence—to Join Capital Fund III, supporting 25 early-stage deeptech startups in defence, dual-use, security, and space via the InvestEU Defence Equity Facility.

The Pentagon has officially designated Anthropic AI as a supply chain risk, barring defense contractors from using its technology after the company refused unfettered access to its AI models for military applications.

General Atomics Electromagnetic Systems is investing over $25 million to expand its Shannon, MS operations, enhancing production of advanced defense systems like the Bullseye precision-guided missile.

Oshkosh Defense, an Oshkosh Corporation [NYSE: OSK] company, announced today a public-private partnership agreement with Marine Depot Maintenance Command (MDMC) in support of advanced manufacturing

Oshkosh Defense has entered a public-private partnership with the US Marine Depot Maintenance Command to produce spare parts using advanced manufacturing, enhancing military fleet readiness.

Honeywell has filed a Form 10 registration statement, marking a key step toward spinning off its Aerospace division into an independent public company focused on defense and aerospace technologies.

Belgium plans to install NASAMS air defense systems at the Port of Antwerp starting in 2027 to safeguard its industrial and logistics assets from aerial threats.

thyssenkrupp Marine Systems (TKMS) announced a record €18.7 billion order backlog during its inaugural AGM as a publicly listed entity, unveiling ambitious long-term growth strategies.

Photonis Defense, a subsidiary of Exosens, has been awarded a $352.6 million IDIQ contract by the U.S. Army for the development, production, and testing of the Binocular Night Observation Device (BiNOD).

The APFIT program has awarded $400 million in new FY26 projects aimed at transforming defense acquisition and strengthening the U.S. industrial base.

Fortem Technologies, a pioneer in radar-powered airspace security, today announced it has been awarded a three-year, $18 million contract by the United States Army to provide counter-drone solutions and support services at Army sites worldwide.

Textron Systems has signed a prototype agreement with the US Army to deliver and demonstrate its Damocles loitering munition for the Low Altitude Stalking & Strike Ordnance program.

Congress has approved the FY26 defense appropriations bill, providing billions in extra funding for shipbuilding, aircraft, missiles like Raytheon's SM-6 and SM-3, and next-gen technologies.

Germany's parliament has approved a €540 million contract for advanced loitering munitions from Helsing and Stark Defence to bolster drone warfare capabilities amid escalating European threats.