The Spanish defense and aerospace electronics company says the acquisition will allow it to position itself in the growing uncrewed traffic management market and bolster its UK presence.
An industry team made up of some of the biggest names in European missile development has secured funding to develop a hypersonic glide vehicle demonstrator.
Aerospace and defense electronics company Teledyne RISI has agreed to pay $1.5 million to the U.S. for providing nonconforming aircraft parts to the military.
ReElement Technologies has secured a $200 million investment from Transition Equity Partners to ramp up critical minerals production in Marion, Indiana.
Cambium Biomaterials, a California-based startup that manufactures advanced materials for aerospace and defense, raised $100 million in a funding round.
Poland’s Armament Agency has finalized a $4 billion agreement with South Korea’s Hanwha Aerospace for the local production of Chunmoo CGR-080 guided rockets.
Boeing has resumed F-15EX deliveries quickly after the end of a 15-week strike—but budget data shows the U.S. Air Force program is well behind schedule.
The French Defense Innovation Fund and MBDA have taken a stake in NanoXplore, a company specializing in reprogrammable special-purposes semiconductors.
Rheinmetall says it has received the order to provide synthetic aperture radar (SAR) satellites to the German Armed Forces a day after funding was approved.
Spanish defense company Indra says it has agreed to acquire uncrewed air system provider Wake Engineering as part of a push to grab market share in Spain.
The Pentagon and Department of Commerce will partner with Korea Zinc to develop a $7.4 billion smelter in Tennessee that will mass-produce critical minerals.
