The U.S. military plans to spend $1 billion to take an ownership stake in a future L3Harris Technologies spin-off focused on solid rocket motor production for tactical missiles.

Australia agreed with Luxembourg-based satellite communications provider SES to extend the life of the IS-22 satellite’s UHF satcom services for military use.

South Korea’s Finance Ministry instructed DAPA to revise the mass-production schedule and budget allocation for the KF-21.

UK defense ministers will not say when a decision might be made on whether to contract for a £1 billion new fleet of medium helicopters.

The UK’s chief of defense staff says he is unable provide a date for the publication of the Defense Investment Plan.

Israel has rarely shied away from defense industrial challenges, but Prime Minister Benjamin Netanyahu’s pledge to wean the country off U.S. military financing support sets the bar at a new level.

Sweden is planning to invest a further $1.6 billion in air defense capability focused on protecting cities and civilian infrastructure.

Sweden is joining the list of European countries buying Iceye synthetic aperture radar (SAR) satellites.