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.
Flight autonomy software developer Shield AI closed a $240 million Series F-1 round in March that raised its valuation to $5.3 billion from $2.7 billion.
The U.S. is moving to reduce its mineral dependency on China as technology, trade and geopolitical frictions rise between the world’s two largest economies.
Edge Group’s new Powertech unit has secured a first engine order weeks after the United Arab Emirates (UAE) defense company set up the propulsion business.
A senior South Korean defense official tells Aviation Week why he is confident of the KF-21's export potential as the fighter enters serial production.
France, Italy and the UK have agreed to accelerate delivery of Aster air and missile defense interceptors as part of a top-up order for 218 additional missiles.
It is time for our leaders and industry associations to elevate their advocacy against the Trump administration’s dangerous policies before it is too late.
Boeing Defense Australia has won a contract worth to enhance air and ground capabilities of the RAAF Boeing E-7A Wedgetail airborne early warning aircraft.
Pratt & Whitney is planning further development of rotating detonation engine (RDE) technology following “positive test results” from a series of ground tests.
