Germany

Defense tech startups raised $9.1 billion in the first half of 2024 compared to $34.9 billion for all of 2023 and $35.8 billion in 2022, a new report says.

Tehran’s proxies from the north and south launched 200 or so projectiles.

Founded in 2020 and headquartered in Ottobrun near Munich, ERC Systems is seeking to launch services later this decade.

The MOU, signed July 9, is a new milestone for the Alliance Persistent Surveillance from Space initiative.

Germany, Italy and the Netherlands are buying 940 Stinger Block 1 missiles from Raytheon.

The deployments will include “developmental hypersonic weapons.”

Allies of NATO will sign a new defense industrial pledge during its annual summit this week in Washington.

Oslo has plentiful spares available to support the Ukrainian aircraft.

The German government says it will meet the NATO target of spending at least 2% on defense in its 2025 budget and following years.

New UK Prime Minister Keir Starmer has appointed new defense and transport ministers after sweeping aside the Conservative Party in a July 4 general election.

Germany has awarded Airbus a €2.1 billion ($2.3 billion) contract to build the new SatcomBW 3 constellation due to be deployed before the end of the decade.

Germany’s Tesat-Spacecom said it has secured a European Space Agency (ESA) project to deliver a cubesat to test 6G telecommunications technology.

Germany’s push to bolster air and missile defense capacity is continuing, as the Bundestag’s budget committee approved funding for four more Patriot systems.

Several European nations are looking to link arms on the possible development and procurement of long-range, deep-strike weapons.

Forces in Europe are doing more in space, including through an increased focus on situational awareness of the domain to address growing threats.

With the integration of High Point’s capabilities, Dzyne’s platform will encompass a range of defense technology solutions.

The region is going shopping to address defense shortfalls, with counter-UAS on most countries’ lists.

Japan is studying a new class of air defense destroyer.

The Bundestag budget committee has given the green light to funding the new Supersonic Strike Missile—known as 3SM Tyrfing—and acquiring at least two satcoms.

The critical design review for the Eurodrone project is now scheduled for May 2025, reflecting delays in completing the program’s preliminary design review.

SHARCS is a platform for testing various sensors, systems and associated algorithms that could feature in MBDA’s development of an ERC for FCAS.

Norddeutsche Landesbank, active in aircraft financing for over 40 years, plans to sell €1.67 billion of its €2.75 billion aviation portfolio to Deutsche Bank.

With just three weeks left before the UK’s general election, Britain’s two main political parties have laid out their vision for defense in their manifestos.

Lilium CEO Klaus Roewe expects $100 million in loan guarantees from the German and Bavarian governments, while talks with France toward $200 million continue.

Airbus has secured its largest order for its H225 helicopter twin-engine heavy helicopter since 2008.