Hexcel is “going to push very hard” to grow its defense and space business in “the immediate future,” CEO Tom Gentile said.

Rising costs could trigger a $60-110 million reach-forward loss for Bell on the first production versions of the MV-75 tiltrotor aircraft.

Singapore and U.S.-based Epirus have signed a memorandum of understanding to advance high-power microwave (HPM) counter-drone capabilities.

Bangladesh has signed a government-to-government agreement with China Electronics Technology Group Corp. for drone technology transfer and domestic assembly.

The U.S. Commerce Department will invest $1.6 billion in Oklahoma-based USA Rare Earth and take a 10% stake in the firm.

Shift5, a data and cybersecurity company, has replaced its co-founding CEO immediately.

The UK has shortlisted seven bidders in its hunt to find an ACP that could operate as a loyal wingman to its Boeing Apache attack helicopters in the 2030s.

The UK Defense Ministry is opening a competition for a low-cost interceptor, echoing wider efforts among militaries to field ways to more cheaply defeat the threat from drones and loitering munitions.