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LATEST NEWS FROM AEROSPACE AND DEFENSE

July 21st, 2026
Aerospace & Defense

Airbus targets near-doubling of earnings by 2029, launches 5 bln euro buyback

Airbus set a 2029 adjusted operating profit target of 12 billion-13 ​billion euros ($13.69 billion-$14.83 billion) on Tuesday and announced a ‌5 billion euro share buyback programm...
July 21st, 2026
Aerospace & Defense

Iran warns Bulgaria against aiding US military operations after move to station US aircraft

Iran's foreign ministry spokesman warned Bulgaria on Tuesday against allowing ​the U.S. to use its territory ‌for military operations against Iran.
July 21st, 2026
Aerospace & Defense

Naval vessels maker TKMS says it is no longer interested in buying GNYK

German warship builder TKMS said ​on Tuesday it is no ‌longer interested in acquiring smaller shipyard German Naval Yards, also known ​as GNYK.
July 21st, 2026
Aerospace & Defense

Saudi Arabia's The Helicopter Company signs LOI with Bombardier for up to 60 jets

Saudi Arabia's The ​Helicopter Company on ‌Tuesday signed a letter of intent (LOI) ​with Canada's ​Bombardier for a fleet ⁠of up ​to 60 business jets.
July 21st, 2026
Aerospace & Defense

Canada joins Anglo-Italian-Japanese fighter jet project as an observer

Canada will join the next-generation fighter jet programme set up by Britain, Italy and Japan as the first "observer nation", giving ​it privileged access to the project and paving...
July 21st, 2026
Aerospace & Defense

BAE signs deal to offer UK a Hawk replacement based on Boeing T-7 system

BAE Systems , Boeing and Saab signed a deal to advance their partnership to offer Britain ​a new fast-jet pilot training aircraft based on ‌Boeing's T-7 system, as it looks for a r...
July 21st, 2026
Aerospace & Defense

Rolls-Royce needs UK decision on narrowbody engine soon, says CEO

Britain's Rolls-Royce ​needs a decision ‌from the UK government soon on ​whether it ​will provide a ⁠subsidy to help ​the engineering ​company develop a new engine for narrowbody ​...
July 21st, 2026
Aerospace & Defense

Pratt & Whitney says engine maintenance disruption easing

Jet engine maker Pratt & Whitney said ​on Tuesday that the number ‌of aircraft grounded as a result of engine-related issues had fallen ​40% from an unspecified ​peak and had virtu...
July 21st, 2026
Aerospace & Defense

Northrop Grumman raises 2026 forecasts on strong weapons demand

Defense supplier Northrop Grumman on Tuesday lifted its 2026 sales and adjusted profit forecast, supported by sustained demand for weapons amid a ​wave of global geopolitical confl...
July 21st, 2026
Aerospace & Defense

Abra Group places order for 20 Embraer E2 jets

South American airline ​group Abra ‌Group has ordered ​20 E2 ​aircraft from Embraer , ⁠the ​Brazilian planemaker said ​on Tuesday.
July 21st, 2026
Aerospace & Defense

Boeing asks US to intervene over record EU loan to Airbus

Boeing has asked the ​U.S. government to press the European Union for transparency over a €3 billion loan package to Airbus, resurfacing potential trade tensions after the two ‌sid...
July 21st, 2026
Aerospace & Defense

Defence group Thales announces deal to supply optronics vision systems to Germany

Thales has signed a framework ​agreement establishing terms for ‌the supply of optronic vision systems to ​German forces under ​a Rheinmetall-led modernisation programme, the ⁠Euro...
July 21st, 2026
Aerospace & Defense

UK's new government seeks to boost fighter jet program with Canadian partnership

Britain's new government will seek an early defence win on Tuesday by ‌inviting Canada to join the delayed GCAP fighter jet programme, as European allies push to reduce their relia...
July 21st, 2026
Aerospace & Defense

UK weapons maker stocks rise after former defence secretary appointed finance minister

London-listed defense stocks rose on Tuesday, ​outperforming European peers, a ‌day after Britain's new Prime Minister Andy Burnham appointed former ​defence minister John Healey a...
July 21st, 2026
Aerospace & Defense

As Russia deploys jet-powered Shaheds, companies turn to faster interceptor drones

As Russia deploys growing numbers of faster jet-propelled versions of its Shahed attack drone, some defence companies are racing to develop a new generation of faster interceptors.
July 20th, 2026
Aerospace & Defense

Airbus CEO says H1 deliveries consistent with annual goal

Airbus is on track ​towards its full-year target ‌of 870 deliveries after a 15% increase in ​the first half ​of the year as ⁠engine supplies stabilised, ​CEO Guillaume Faury told ​...
July 20th, 2026
Aerospace & Defense

Air Force One's Qatari jet needs security upgrades, experts say, but ask if a month is enough time

The newly announced grounding of ​President Donald Trump's Qatari-gifted Air Force One jet is likely for security upgrades, experts said, though they questioned whether a ‌month wa...
July 20th, 2026
Aerospace & Defense

AerCap to order 15 Boeing 787, sources say

Leasing giant AerCap ​is set to ‌place an order for 15 Boeing 787 ​jets, two ​industry sources said on ⁠Monday.
July 20th, 2026
Aerospace & Defense

Boeing class action over MAX 9 blowout decertified by US appeals court

A federal appeals court on Monday decertified a shareholder class action accusing Boeing of prioritizing profit over safety and overstating its commitment to safe aircraft, prior t...
July 20th, 2026
Aerospace & Defense

GCAP fighter jet timeline 'will not change even if new country joins'

Plans for the new Global Combat Air Programme fighter jet to be in ‌service by 2035 will not change even if a new country joins the British, Italian and Japanese programme, the chi...
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