As KAI's production facilities are operating at full capacity to deliver South Korea's latest programs, the KT-1 basic trainer line could be offshored.

Australia is starting the process of transitioning its attack helicopter fleet to the Boeing AH-64E Apache as it looks to reach IOC in 2028, an official says.

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.

L3Harris expects to deliver the first MC-55A Peregrine multi-intelligence platform to the Royal Australian Air Force this year, after several program delays.

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.

Investment in new defense equipment has exploded in Europe, nearly trebling from $60 billion to $175 billion, and this may only be the start.

Flight autonomy software developer Shield AI closed a $240 million Series F-1 round in March that raised its valuation to $5.3 billion from $2.7 billion.

The U.S. is moving to reduce its mineral dependency on China as technology, trade and geopolitical frictions rise between the world’s two largest economies.