The EU says 12 of its member states have formally said they want to take advantage of an “escape clause” on spending limits to boost outlays for defense.
The U.S. military staged a test of an unknown, large missile launched on a steep trajectory from Cape Canaveral Space Force Base, Florida, on April 25.
Thales will look to 2026 defense budgets in Europe to get a better sense of the speed at which words transform into real money, CFO Pascal Bouchiat says.
Northrop Grumman lost an extra $477 million on early B-21 production, raising red ink on the first five annual lots of fixed-price contracts to over $2 billion.
Startup Beehive Industries is on track to start ground tests of its additively manufactured Frenzy engine next month, ahead of planned altitude tests with AFRL.
The explosion that destroyed a Northrop Grumman solid rocket motor facility in Utah will not impact the company’s operations related to the Sentinel ICBM.