Defense

The Bethesda, Maryland-based company reported a $1.3 billion reach-forward loss on a classified program within the Missiles & Fire Control (M&FC) business.

“This is not going to be a major restructuring of the Boeing Company,” Ortberg said Jan. 28 while discussing fourth-quarter and full-year 2024 financial results.

Warsaw said it expects deliveries in 2029-35.

Denmark’s political parties have agreed to spend $2 billion on strengthening defense capabilities in the Arctic and North Atlantic region, including Greenland.

Though the order is entitled “The Iron Dome for America,” the details of the concept extend far beyond Israel’s Iron Dome system.

The Albatroz UAS is a 500-kg, fixed-wing, twin-boom UAS that the company hopes to embark on the ship for trials as soon as June.

Airbus and Spanish shipbuilder Navantia have agreed to explore the navalization of the Sirtap UAS, potentially enabling it to operate from Juan Carlos I.

Even phantom vessels emit signals that satellites can detect.

President Donald Trump is expected to sign an executive order on “Iron Dome for America.”

President Donald Trump’s State Department has announced that the U.S. export control system authorized a whopping $318 billion in foreign arms sales in 2024.

Textron Aviation received its first international sale of seven Beechcraft King Air 260 military multi-engine training aircraft from SkyAlyne and KF Aerospace.

Preliminary contracts have been signed for the transfer of assets of Italy’s Piaggio Aerospace to Turkey’s Baykar, ahead of the deal closing this spring.

Italy’s Prime Minister Giorgia Meloni has said the country would welcome Saudi Arabia into the Global Combat Air Program (GCAP).

While the levels of growth are far from spectacular, the increase nonetheless keeps Saudi Arabia's defense budget rising following an extended period of cuts.

The World Defense Show (WDS) will be held 8-12 February 2026 in Riyadh, Saudi Arabia in partnership with Saudi Arabian Military Industries (SAMI).

AMMROC has signed an MoU with Marshall to collaborate in identifying synergies, expanding market reach, and enhancing service capabilities for both military and commercial aviation.

Israel has awarded Elbit Systems a roughly $80 million contract to upgrade the self-protection system on the country’s Lockheed Martin F-16I fighters.

With fighter recapitalization decisions made, Saudi Arabia, Iraq and others turn their attention to helicopter capacity.

Dubbed Balman, the balloon may be used to watch a given area, thanks to its station-keeping capability, at a lower cost than a geostationary satellite.

The Italian company revealed the discussions after Baykar announced it had hosted a delegation from Leonardo.

Benin and Tunisia are the latest African nations to upgrade their border and interior surveillance capabilities with new aircraft.

BAE Systems Australia discreetly began flight trials of its Razer Low-Cost Precision Guided Munition (LCPGM) back in December 2023, the company has revealed.

Hexcel posted revenue of $474 million in the December quarter, up 4% year-on-year, while earnings per share of $0.52 just edged out Wall Street’s expectations.

Saudi Arabia is the second nation to express interest in ordering Turkey’s Kaan fighter after Azerbaijan made similar overtures last year.

The company on Jan. 23 announced its preliminary earnings for the fourth quarter of 2024, with total revenues of $5.4 billion and an operating margin of 41.9%.