EU members are set to spend more than $116 billion on defense procurement for the first time this year, the European Defense Agency says in a new report.

France and Germany have pledged to jointly develop an early warning system for Europe as both EU countries aim to strengthen defense technology capability.

Israel says it will funnel around $115 million into next-gen infrared sensor production in the latest move to bolster domestic defense production capacities.

Japan’s Ministry of Defense has announced the Synchronized, Hybrid, Integrated and Enhanced Littoral Defense (SHIELD) system as part of an effort to counter potential invading forces.

Alongside Hanwha Systems and local artificial intelligence company Funzin, Korea Aerospace Industries has set up an AI-Electronic Warfare Research Center.

Aselsan is making a $1.5 billion investment in new facilities to support development of Turkey's Steel Dome air defense system and increase production capacity.

The U.S. Air Force has taken steps to reduce the required capability of the new radar for its B-52 bomber as a way to reduce costs and improve schedule.

The German parliament has given the green light to the government’s proposed purchase of 90 Litening 5 targeting pods for its fleet of Eurofighter Typhoons.