The Pentagon, as part of its Drone Dominance program, has invited Ukrainian companies to set up shop in the U.S.

German defense startup Quantum Systems says it has raised $1.2 billion through a funding round backed by Airbus that boosts its valuation to $8 billion.

The tri-national Global Combat Air Program has emerged as the biggest winner from the UK government's Defense Investment Plan, although the funding comes at the cost of retiring helicopter and intelligence-gathering fleets as the military shifts some of those missions to uncrewed systems.

The Kopin Corporation, an electronics manufacturer, has received orders for its First Person Viewer from several companies participating in the Pentagon's Drone Dominance Program.

The Swedish government has launched a review to study the economic, defense, security and foreign policy effects associated with potential plans for a future fighter program.

Indonesia has settled its remaining financial obligation under the Korea Aerospace Industries KF-21 Boramae fighter development program.

BAE Systems has reached the "business end" of developing its Future Combat Air Demonstrator, the aircraft that will pave the way for the fighter emerging from the tri-national Global Combat Air Program.

Airbus Defense and Space is ramping up production rates of its C295 twin-turboprop airlifter to meet demand from domestic and international customers.