South Korea's LIG Nex1 is self-funding development of two modular missile types aimed at competing with MBDA’s Spear and Kongsberg’s Joint Strike Missile.
Drone manufacturer Red Cat Holdings expects it would significantly benefit from a possible U.S. ban on the use of UAVs made by China’s DJI, the company said.
Ukrainian front-line troops received the first 1,000 first person view drones less than two weeks after a newly launched online weapons marketplace started processing orders.
After Russia’s invasion of Ukraine, European defense companies have started to glimpse the prospect of unusual, multiyear certainty for their operations.
Combining complex model aviation with an event that offers an engaging entry point to the industry is the kind of inspired recruiting aviation needs to support.
The Pentagon has awarded up to $10 million under the Defense Production Act (DPA) to a subsidiary of critical minerals firm NioCorp to develop a scandium supply chain in Nebraska.
Iran's foreign minister is being sued by Bell Textron over a little-known dispute over helicopter storage fees dating back to the Iranian Revolution of the late 1970s.
German defense supplier Hensoldt is starting to develop a new phase of capacity expansion to ensure it can deliver on an anticipated order wave from 2027 on.
Safran expects to double sales from defense and space activities by the end of the decade, fueled by increasing military spending, CEO Olivier Andriès says.