The UK’s aerospace and defense sector looks set for continued growth, the country's aerospace and trade body ADS has revealed.

Honeywell Aerospace may see a further increase in its share of defense turnover because of booming demand, but the unit’s boss says commercial revenues will still dominate in the future.

Kratos will assemble a new family of low-cost turbofan engines for uncrewed aircraft systems and cruise missiles in Bristow, Oklahoma.

Highly engineered aerospace products provider Crane announced June 9 that it will buy Precision Sensors & Instrumentation.

Australia has entered a cooperative program with the U.S. for the Lockheed Martin Precision Strike Missile, paving the way for domestic production capabilities.

Anduril’s valuation soared to $30.5 billion after the high-flying defense technology startup raised $2.5 billion in a Series G round led by billionaire Peter Thiel’s Founders Fund.

Dassault Aviation has signed several agreements with Tata Advanced Systems for the Indian company to build Rafale fuselages in India.

Teasing the long-awaited Strategic Defense Review to be published June 2, UK Defense Secretary John Healey said the UK needs to bolster its defense industrial base.