Aerospace & Defense
LATEST NEWS FROM AEROSPACE AND DEFENSE
Aerospace & Defense
Thales raises 2026 targets despite €450 million charge after F126 halt
French defence group Thales said on Friday it would book an exceptional charge of about €450 million ($514.58 million) in the first half of 2026 after Germanyscrapped the F126 fr...
Aerospace & Defense
UK, Italy, Japan award £4.6 billion contract to advance GCAP fighter jet
Britain, Italy and Japan awarded a £4.6 billion ($6.14 billion) contract to industry joint venture Edgewing to build the new Global Combat Air Programme fighter jet, the UK govern...
Aerospace & Defense
Space startup Katalyst launches orbital rescue mission for aging NASA observatory
NASA and Arizona-based startup Katalyst launched a robotic spacecraft over the Pacific on Thursday on a mission to rescue an aging NASA satellite observatory while demonstrating a...
Aerospace & Defense
EU Commission proposes five major cross-border defence projects
The European Commission on Friday proposed five large-scale cross-border defence projects, opening the way for them to access EU funds.
Aerospace & Defense
NATO leaders including Trump to affirm 'ironclad commitment' to collective defence in Ankara, summit text says
NATO leaders including U.S. President Donald Trump are set to affirm an "ironclad commitment" to collective defence under the alliance's Article 5 pact at a summit in Ankara next...
Aerospace & Defense
What are the key challenges facing NATO?
NATO officials say one of their primary goals is to maintain unity and keep the U.S. committed to the alliance’s Article 5 clause.
Aerospace & Defense
KNDS listing delay spotlights jitters over defence industry ramp-up
Tank maker KNDS's delayed IPO has underscored growing unease over the defence industry's ability to keep pace with Europe's rapid rearmament drive - with key peers such as Rheinme...
Aerospace & Defense
NATO leaders to gather in Ankara, aiming to smooth over tensions with Trump
NATO leaders gather next week in Ankara, where Europeans aim to set aside strife with U.S. President Donald Trump over Iran and Greenland and show they are stepping up to defend t...
Aerospace & Defense
Dutch military invests millions in drone software platform
The Dutch military will invest tens of millions of euros in a three-year partnership with Dutch defence technology company Intelic to develop drone software, the two sides said ...
Aerospace & Defense
Lockheed Martin leads race for Advent's Ultra Maritime in $3.5 billion deal, FT reports
Lockheed Martin is leading the race to acquire Ultra Maritime, owned by private-equity firm Advent International, in a deal that could value the naval defence business at about $...
Aerospace & Defense
Amazon to start initial Leo internet service this year as network nears 400 satellites
Amazon expects to roll out initial internet service with its Leo broadband satellite network later this year after the company's latest launch put the orbiting constellation's sat...
Aerospace & Defense
US factory orders fall in May, weighed down by weak demand for commercial aircraft
New orders for U.S. factory goods fell in May amid a decline in bookings for commercial aircraft, but demand elsewhere remained strong, partly driven by investment in artificial ...
Aerospace & Defense
Belgium plans to spend 3.1 billion euros on NASAMS and skyranger systems – Belgian official
Belgium is planning to buy 10 advanced surface-to-air missile system (NASAMS) launchers from Kongsberg and 20 Skyranger short-range air defence systems from Rheinmetall for a t...
Aerospace & Defense
NATO plans Saab GlobalEye jets to replace AWACS, sources say
NATO will announce plans at next week's Ankara summit to replace its ageing fleet of AWACS aircraft with GlobalEye surveillance planes from Sweden's Saab , four sources fami...
Aerospace & Defense
Rebels in Indonesia's Papua kill American pilot, burn plane, spokesperson says
Rebels in Indonesia's restive easternmost region of Papua on Thursday shot dead an American pilot and set a civilian plane on fire in what a spokesperson for a local separatist gr...
Aerospace & Defense
German drone maker Quantum Systems secures $1.2 billion funding
German defence technology company Quantum Systems said on Thursday it had raised $1.2 billion in fresh funding, valuing the drone maker at about $8 billion and marking one of the ...
Aerospace & Defense
Tankmaker KNDS puts off IPO citing tough defence market conditions
Franco-German defence group KNDS has put plans for a stock market listing on hold until market conditions improve, it said on Wednesday, shelving what would have been one of Europe...
Aerospace & Defense
Ukraine says portion of military exports' proceeds will go to state defence fund
Ukrainian Prime Minister Yulia Svyrydenko said on Wednesday that a percentage of arms exports, finished products and components would be channelled into a state defence fund unde...
Aerospace & Defense