Lockheed Martin has announced a $100 million reach forward loss on an early production lot of a classified missile program with a fixed-price contract.

MBDA Storm Shadow air-launched cruise missiles are at the heart of a major new transfer of defense equipment to Ukraine pledged by the UK.

The U.S. Missile Defense Agency (MDA) has taken over operations of its new missile defense radar in Alaska, which is also tracking objects on orbit for the Space Force.

Spanish defense firm Grupo Oesia will support production of components for Patriot Advanced Capability — 3 (PAC-3) Missile Segment Enhancement (MSE) weapons.

Kawasaki Heavy Industries (KHI) Aerospace Systems Company is hoping to “aggressively” market its self-developed engines overseas.

Cost is becoming an increasing challenge to missile defense systems, even as Israel’s success against Iran shows the value of the capability.

Our roundup of the main aerospace and defense stories making the news this week.

Polish Prime Minister Donald Tusk is seeking Poland’s admission into German-led ESSI, to bolster the region’s ground-based air defenses.