News

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.

The European Commission launches a major hybrid conference in Cyprus focusing on dual-use technologies, defence readiness, and innovation scaling under the Cyprus EU Presidency.

The Pentagon is nearly doubling funding for its innovation initiatives as part of a massive $151 billion commitment to advance defense technologies.

Sens. Scott and Gillibrand urge the Defense Department to prioritize U.S.-made generic drugs for troops, citing national security vulnerabilities in overseas supply chains.

Frankenburg Technologies has closed a €30 million Series A funding round to establish missile manufacturing hubs in the UK and Germany, targeting high-volume production of affordable air defence missiles.

BAE Systems has entered a strategic partnership with Frankenburg Technologies to co-develop affordable counter-drone missile systems, enhancing NATO air defence interoperability.