Europe’s defense industry is getting ready for a surge in government spending that is driving companies to reset growth ambitions and strategies more broadly.
L3Harris expects to deliver the first MC-55A Peregrine multi-intelligence platform to the Royal Australian Air Force this year, after several program delays.
South Korea's Hanwha Aerospace says a capital raise of around $2.5 billion will fund expansion abroad, such as in Europe where defense spending has increased.
Flight autonomy software developer Shield AI closed a $240 million Series F-1 round in March that raised its valuation to $5.3 billion from $2.7 billion.
The U.S. is moving to reduce its mineral dependency on China as technology, trade and geopolitical frictions rise between the world’s two largest economies.
The NROL-57 mission was launched March 21 at 2:49 a.m. EDT, aboard a SpaceX Falcon 9 rocket from Space Launch Complex 4-East at Vandenberg SFB, California.
Boeing has won a contract to develop the F-47 next-generation combat aircraft for the U.S. Air Force which throws a lifeline to the company’s struggling military aviation business.
Isar Aerospace is targeting March 24 for the inaugural mission of its Spectrum rocket in what would be a milestone as the first orbit launch from European soil.
Despite continued increases to its defense spending in recent years, Malaysia’s economic and financial realities dictate a slow and steady pace to its ambitious military aircraft modernization plans.
The U.S. Justice Department is charging founder Erlend Olson, John Gallagher, Stephen Buscher, Joseph Fargnoli and Jamil Swati with a multiyear scheme.
Europe’s air forces need to relearn vital suppression and destruction of enemy air defense skills in a bid to restore their air power advantage, experts insist.
The U.S. is fielding proliferated space architectures to support missile warning and missile tracking, surveillance and reconnaissance, and secure comms.