South Korea has awarded initial production contracts for the KF-21 fighter jet to KAI, Hanwha Aerospace and Hanwha Systems.

NASA and Boeing are moving the CST-100 Starliner Crew Flight Test mission return to Earth to enable further evaluation of the spacecraft's propulsion system.

The private-equity owners of Belcan, an engineering services provider to several marquee aerospace and defense companies, have sold the company to Cognizant.

Patria and Pratt & Whitney have signed an agreement that paves the way for F135 engine production and sustainment in Finland to support Helsinki's future F-35 fleet.

Hanwha will integrate its new AESA radar, featuring the "tile" type transmitter/receive (T/R) block design, on to the KUS-LW.

The NATO Innovation Fund has co-led a $22.5 million Series A funding round in the UK’s iCOMAT, an advanced composites manufacturer.

Combined German 2023 defense industry sales have advanced 19% year-on-year to €10 billion ($11 billion), ahead of the 18% growth recorded by the civil sector.

TransDigm Group announced on May 28 that it would acquire Raptor Scientific from L Squared Capital Partners for $655 million in an all-cash deal.