Aerospace & Defense
LATEST NEWS FROM AEROSPACE AND DEFENSE
Aerospace & Defense
Italy minister rejects opposition criticism of Saudi troop deployment
Italy's defense minister on Friday rejected opposition criticism over the deployment of troops and military assets to the Gulf region, saying the mission's framework had been full...
Aerospace & Defense
GKN Aerospace owner Melrose warns of cost hit from plant incident, pauses buyback
GKN Aerospace owner Melrose Industries on Friday said it expects additional costs of £25 million to £30 million ($33.6 million to $40.3 million) in the second half of 2026 after ...
Aerospace & Defense
Hensoldt backs 2026 targets as order intake doubles, backlog tops 10 bln euros
German sensor and radar maker Hensoldt reaffirmed its 2026 targets on Friday after first-half order intake more than doubled and backlog topped 10 billion euros for the first time...
Aerospace & Defense
Ukraine's envoy to US says 'We need the missiles'
Ukraine hopes a new push for ceasefire talks with Russia could halt the five-year war before a potentially brutal winter, but needs new anti-ballistic missiles now to defend agai...
Aerospace & Defense
Bombardier CEO expects to decide by early 2027 on Canadian site to militarize private jets
Bombardier expects to decide by late 2026 or early next year on a Canadian site to prepare private jets for use as special mission aircraft with partner Saab , CEO Eric Martel to...
Aerospace & Defense
Italy's Leonardo lifts full-year order, core profit guidance
Italy's Leonardo on Thursday lifted its full-year guidance for orders, core profits and free cash flow after posting a 45% rise in new contracts in the first half of the year.
Aerospace & Defense
Euronext beats forecasts as diversification reduces reliance on market volatility
Euronext reported second-quarter earnings above market expectations on Thursday, helped by growth across all its businesses as the pan-European exchange operator continued to ben...
Aerospace & Defense
Iran's Araqchi presses European counterparts over use of bases in US operations
Iran's Foreign Minister Abbas Araqchi urged Bulgaria to reconsider its decision to allow the temporary deployment of U.S. military aircraft at the Bezmer air base, Iranian state m...
Aerospace & Defense
EU disburses €3.47 billion to Ukraine for more drones, air defence and jets
The European Union has disbursed €3.47 billion ($4 billion) to Ukraine to finance the procurement of more drones, missiles, air defence and Swedish-made Gripen fighter jets, the...
Aerospace & Defense
MTU warns diverging fighter requirements could threaten Safran partnership
MTU Aero Engines CEO Johannes Bussmann warned on Thursday that diverging French and German fighter aircraft requirements could threaten the company's engine partnership with Fran...
Aerospace & Defense
Russia says its big overnight strikes on Ukraine hit military factories and three ships
Russia said on Thursday that its forces had carried out big overnight strikes on military factories across Ukraine, including in the capital Kyiv and in the western city of Lviv,...
Aerospace & Defense
MTU Aero Engines beats Q2 forecasts, raises 2026 cash flow outlook
German engine maker MTU Aero Engines beat second-quarter revenue and earnings forecasts on Thursday and raised its 2026 free cash flow outlook, as robust demand for geared turbof...
Aerospace & Defense
UK's BAE Systems upgrades 2026 outlook on military demand
BAE Systems upgraded its 2026 outlook on Thursday after posting an 11% rise in first-half profit, helped by governments lifting their defence budgets given the higher...
Aerospace & Defense
Rolls-Royce raises full-year profit forecast after strong first half
British engineering company Rolls-Royce raised its full-year outlook on Thursday after it posted a 46% jump in operating profit in the first six months on a better performan...
Aerospace & Defense
Ukraine's ex-defence minister says changes to military procurements behind his dismissal
Former Ukrainian Defence Minister Mykhailo Fedorov, in an interview published on Wednesday, said his efforts to overhaul the military's procurement system were the main reason behi...
Aerospace & Defense
US strikes $58.6 billion Patriot missile deal amid rising stockpile concerns
The U.S. Army awarded Lockheed Martin a contract worth up to $58.6 billion to produce Patriot interceptor missiles, the Pentagon said on Wednesday, as conflicts in Iran and Ukrain...
Aerospace & Defense
BAE Systems wins £5.9 billion UK submarine contract
BAE Systems has been awarded a £5.9 billion ($7.8 billion) contract by the British government to advance work on the country's next generation of nuclear-armed submarines, the co...
Aerospace & Defense
L3Harris beats quarterly revenue estimates on strong weapons demand
Defense supplier L3Harris Technologies beat Wall Street estimates for second-quarter revenue on Wednesday, as it banks on strong demand for weapons and military technology.
Aerospace & Defense