Hensoldt is raising its full-year outlook for bookings in a sign higher European defense spending is turning into tangible business faster than expected.

Scott Donnelly, who has long held the role of president and CEO of Textron, plans to retire effective Jan. 4, 2026.

South Korea, Japan and Taiwan are possible sales targets in Asia for the newly unveiled X-BAT VTOL collaborative combat aircraft, a Sheild AI official says.

Airbus, Leonardo and Thales have joined forces to gain critical mass in the satellite business amid slumping demand for the largest telecommunications spacecraft and hot competition in other segments.

Replacing the Bangladesh Air Force’s aging fighter fleet is a top priority, but difficult financial conditions and political uncertainty have led to reduced defense budgets for fiscal 2026.

The Global Combat Air Program (GCAP) design needs to have “full-spectrum” low-observability and ultra-long range built in, the RAF's programs head says.

Ukraine has taken a first step in acquiring as many as 150 Saab Gripen Es through a long-term agreement with Sweden.

Eutelsat is in talks with French armaments agency DGA over hosted payloads as the two sides look to finalize contract terms around a 10-year services agreement.