Europe’s defense industry is getting ready for a surge in government spending that is driving companies to reset growth ambitions and strategies more broadly.

South Korea's Hanwha Aerospace says a capital raise of around $2.5 billion will fund expansion abroad, such as in Europe where defense spending has increased.

The Australian government says the Lockheed Martin AGM-158C LRASM is now operationally ready for use on its F/A-18E/F Super Hornet fleet.

Saab is gearing up to install a new AI aid on its Gripen E combat aircraft that will assist pilots in beyond-visual-range air-to-air combat.

OHB is seeing new opportunities in military space and expects sales to rise around 50% by 2027 from last year to hit around €1.5 billion ($1.6 billion).

The Trump administration’s Golden Dome initiative seeks to address the new threat posed by hypersonic weapons.

All further details of the Kratos project—including the design, performance and schedule—cannot yet be released.

The new facility will support Kratos’ work on the U.S. Navy and Missile Defense Agency’s Multi-Service Advanced Capabilities Hypersonic Testbed program.