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.

X-Bow Systems on Jan. 12 announced it has completed preliminary design review of its new Mk-72 and Mk-104 solid rocket motors.

The U.S. Navy awarded Northrop Grumman $233 million to manufacture a new lightweight torpedo to be launched from the service’s fixed- and rotary-wing aircraft.

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.

The UK says its effort to rapidly develop a conventional ballistic missile under the recently launched Project Nightfall is aimed at arming Ukraine.

Europe should establish a European Security Council to bolster its defense posture, Defense and Space Commissioner Andrius Kubilius argues.

The U.S. Space Force has awarded military space launches worth $739 million to SpaceX to support future missions for the Space Development Agency and NRO.