The Pentagon is partnering with mining companies MP Materials and Maaden to establish a rare earths refinery in Saudi Arabia.

Ursa Major, a startup that builds propulsion systems for hypersonics, solid rocket motors, in-space mobility and space launch, has raised $100 million.

MBDA plans to develop loitering munitions in the UAE through a partnership with French startup Fly-R and the Tawazun Council for Defense Enablement.

ATI CEO and President Kimberly Fields is set to become board chair on May 14 at the company’s next annual meeting.

Czech defense technology company LPP plans to deliver an initial batch of MTS Narwhal ground-launched cruise missiles in the hope of attracting more customers.

BAE Systems has teamed up with Boeing and Saab to offer the T-7 for a UK Royal Air Force need to replace an aging fleet of Hawk T1s and T2s flown by the Red Arrows and student pilots.

Archer Aviation sees a deal to supply the hybrid power system to the Omen military drone being developed by Anduril and Edge Group as the beginning of a new revenue path for the company.

Edge Group is mulling a teaming arrangement with Indra to sell the Abu Dhabi-based company’s growing stable of loitering munitions in Europe.