The U.S. government shutdown may not have kicked off until the end of Q3, but its effects will be a common thread in upcoming defense earnings discussions.
Lockheed Martin’s long tech collaboration with KAI could see development of a military variant of the high-speed X2 rotorcraft platform, a Lockheed exec says.
The European Union has given the go-ahead to the €1.5 billion ($1.7 billion) European Defense Industry Program aimed at supporting local industry and Ukraine.
The U.S. Army expects to begin testing the second iteration of the Lockheed Martin Precision Strike Missile soon to get a production go-ahead soon after.
Boeing and Leonardo are teaming up to compete for the U.S. Army’s future helicopter training program to replace the service’s current UH-72 Lakota fleet.
A recent study has flagged another potential threat to the strategic supply chain—a possible chokehold on a rare metal essential to high-performance engines.
Washington is determined to reduce its dependency on China for critical minerals essential for defense systems, even if it means sourcing from conflict zones.
The European Union says that loitering munitions are emerging as a new field of cooperation under the Permanent Structured Cooperation initiative (Pesco).