News

Lockheed Martin announces plans to quadruple THAAD interceptor production, sharing profits with the government to accelerate munitions output amid new funding and executive incentives.

L3Harris Technologies inks $1 billion agreement with the U.S. government to ramp up solid rocket motor capacity for THAAD, PAC-3, and other critical interceptors, bypassing traditional contract delays.

The United States has approved the sale of four Boeing P-8A Poseidon maritime patrol aircraft to Singapore, enhancing the RSAF's surveillance and anti-submarine capabilities.

Czechoslovak Group and Hellenic Defence Systems have formed a joint venture to restart large-calibre ammunition production at the Lavrio facility in Greece.

Bittium has signed a Basic Ordering Agreement with NATO's NCIA, positioning it as a preferred supplier for secure communications and cybersecurity across NATO members.

Congressman Robert Aderholt hosted the second annual AUKUS Defense Industry Forum in Huntsville, Alabama, fostering collaboration among U.S., Australian, and UK defense contractors on advanced technology sharing and procurement opportunities.[8]

The newly released 2026 National Defense Strategy prioritizes revitalizing America's defense industrial base through acquisition reforms and massive investments to ensure wartime production scalability.[1][6]

South Korea's transformation into a top defence exporter highlights assembly of Malaysia's FA-50M at Korea Aerospace Industries, underscoring strategic partnerships and industrial growth in Asia.

Germany initiates E6 format with France, Poland, Spain, Italy, and Netherlands to bypass EU consensus and hasten defence spending, production, and industrial competitiveness.

The European Commission appoints Tomasz Husak as Director for Defence Policy, enhancing oversight of industry initiatives and procurement strategies.

President's new executive order prohibits major U.S. defense contractors from stock buybacks and dividends until they deliver products on time and boost production capacity.

The bipartisan FY26 Consolidated Appropriations Act advances defense industrial base competition with elevated Defense Innovation Unit funding and substantial increases for missile defense programs.

The European Commission has approved financial assistance under the SAFE initiative for Estonia, Greece, Italy, Latvia, Lithuania, Poland, Slovakia, and Finland to scale up defence investments through joint procurement.

European Defence Commissioner Andrius Kubilius emphasized the need for the EU to build defence independence quickly through pan-European capabilities while strengthening NATO cooperation.

Lockheed Martin signed a framework agreement with the U.S. Department of War to increase THAAD interceptor production from 96 to 400 per year, alongside breaking ground on a new Munitions Acceleration Center in Arkansas.