EU members are set to spend more than $116 billion on defense procurement for the first time this year, the European Defense Agency says in a new report.
Japan’s Ministry of Defense has announced the Synchronized, Hybrid, Integrated and Enhanced Littoral Defense (SHIELD) system as part of an effort to counter potential invading forces.
Alongside Hanwha Systems and local artificial intelligence company Funzin, Korea Aerospace Industries has set up an AI-Electronic Warfare Research Center.
The UK Defense Ministry is seeking a low-cost tactical ballistic missile capable of hitting targets about 370 mi. away, with a price tag of around $675,000.
Aselsan is making a $1.5 billion investment in new facilities to support development of Turkey's Steel Dome air defense system and increase production capacity.
Saab is in talks with potential customers over the sale of a new, low-cost counter-drone interceptor that aims to fill a gap between gun-based air defenses and more expensive missiles.
U.S. Navy officials canceled the service’s high-speed, air-launched, anti-ship missile program but not the goal of a missile that can defeat modern air defenses
The British government says it is buying six additional MBDA Land Ceptor medium-range air defense systems to help counter uncrewed aircraft system and missile threats.
Pakistan’s Army is creating a dedicated rocket force that will likely be equipped with ballistic and possibly cruise missiles to act as a deterrent to India.