Supply Chain

Turkey’s Aselsan has adapted its Tolun glide bomb for ground launch from multiple-launch artillery systems.

KAI and KB Kookmin Bank have signed a memorandum of understanding which will see the South Korean bank provide up to KRW1 trillion ($703 million) in financial support to the OEM.

Indonesian President Prabowo Subianto has expressed interest for his country to participate in the Turkish Aerospace Industries Kaan fighter program.

The U.S. Space Force awarded seven of nine missions in its next series of high-priority national security missions to SpaceX.

Israeli loitering munition developer UVision has acquired competitor Trim Robotics, expanding its portfolio offering.

Diversified parts provider Leggett & Platt will sell its aerospace and defense unit for $285 million gross to private investment firm Tinicum.

The administration is disrupting the $52.5 billion CHIPS and Science Act, raising questions about the security of military semiconductor investment funding.

The newcomers can bid for Lane 1 work once they complete a successful first flight.

The defense research laboratories of Australia and the UK have teamed up to jointly develop subsystems for new-generation low-cost weapons and munitions.

Anduril has signed three MOUs with South Korea’s Defense Acquisition Program Administration, LIG Nex1 and Korean Air to collaborate on uncrewed weapons and AI.

Hanwha Aerospace will invest KRW750 billion into development and production facilities for GA-ASI MQ-1 Gray Eagle uncrewed system and engines.

Long Wall, formerly known as ABL Space Systems, has changed its name and mission focus.

A supplier of niche aerospace and defense components, Loar Holdings, projected confidence in its business prospects during a fourth-quarter earnings call.

Rotorcraft manufacturers are seeking partners and preparing bids for the U.S. Army’s updated training plans.

The Australian Defense Department has signed a contract with Kongsberg Defense Australia to build a missile factory in Newcastle, New South Wales.

Dealmaking surged in 2024 and has continued at a brisk pace through the first quarter of this year.

Industry could be making production problems worse by not managing risk well.

New export controls have been unveiled by the U.S. Department of Commerce aimed at curbing China’s development of advanced military technology and capabilities.

Anduril is trying to interest the Royal Australian Air Force in its Fury CCA and would consider local production, the company's president says.

Lockheed Martin is in advanced stages of identifying where it plans to put a weapons production site in Europe as it scales up output, a company official says.

As KAI's production facilities are operating at full capacity to deliver South Korea's latest programs, the KT-1 basic trainer line could be offshored.

Australia is starting the process of transitioning its attack helicopter fleet to the Boeing AH-64E Apache as it looks to reach IOC in 2028, an official says.

Europe’s defense industry is getting ready for a surge in government spending that is driving companies to reset growth ambitions and strategies more broadly.

L3Harris expects to deliver the first MC-55A Peregrine multi-intelligence platform to the Royal Australian Air Force this year, after several program delays.

South Korea's Hanwha Aerospace says a capital raise of around $2.5 billion will fund expansion abroad, such as in Europe where defense spending has increased.