France and Germany have pledged to jointly develop an early warning system for Europe as both EU countries aim to strengthen defense technology capability.
Israel says it will funnel around $115 million into next-gen infrared sensor production in the latest move to bolster domestic defense production capacities.
The UK Defense Ministry is seeking a low-cost tactical ballistic missile capable of hitting targets about 370 mi. away, with a price tag of around $675,000.
The development of electric vertical takeoff and landing (eVTOL) aircraft represents a convergence of tech, creating opportunities for local organizations.
Lynas Rare Earths’ Pentagon-backed Texas plant is struggling even as the Australian company is expanding elsewhere to reduce dependency on China for strategic metals.
Aselsan is making a $1.5 billion investment in new facilities to support development of Turkey's Steel Dome air defense system and increase production capacity.
U.S. Navy officials canceled the service’s high-speed, air-launched, anti-ship missile program but not the goal of a missile that can defeat modern air defenses
U.S. officials have announced criminal and securities violation charges against three men associated with the January 2024 take-private announcement for Kaman.
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.