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Defence Industry Europe
Defence Industry Europe

Lockheed Martin expands munitions production strategy with new supplier initiative and $9 billion investment plan

Lockheed Martin and the U.S. Department of War have launched a new supplier conference series aimed at accelerating munitions production as defence demand continues to rise.

May 15, 2026
Air

Switzerland faces rising costs and capability questions over planned F-35A fighter aircraft acquisition

May 14, 2026
Top

Anduril raises $5 billion in Series H funding round, reaching $61 billion valuation

May 14, 2026
Space/C4ISR

Ukraine and Palantir discuss AI cooperation to strengthen air defence and battlefield decision-making

May 12, 2026
The U.S. Department of State has approved a potential sale of Lockheed Martin AGM-114R2 Hellfire missiles to the Netherlands
Air

U.S. Air Force MQ-9 Reaper fleet falls below operational minimum after combat losses over Iran

Aselsan, one of Türkiye’s leading defence technology companies, is exhibiting at the Black Sea Defence & Aerospace (BSDA) exhibition in Bucharest, Romania. The company is showcasing a broad portfolio of defence products, with a particular focus on electronic warfare capabilities. Aselsan has also signalled its readiness to establish deep industrial cooperation with Romanian companies in order to strengthen its offer to the Romanian Government.
Important

Aselsan expands presence in Bucharest and offers combat-proven defence solutions to the Romanian Armed Forces

Top Stories

Romania’s €16.7 billion borrowing package under the SAFE defence financing framework is facing growing scrutiny amid concerns that much of the programme’s economic value could flow to Western Europe while Romania assumes the long-term financial burden. Critics argue that although Bucharest presents the initiative as a strategic investment in national security, domestic industrial returns may remain limited relative to the scale of borrowing.
EU

Romania: SAFE programme billions to boost Western defence giants amid marginal domestic industry participation

Romania’s €16.7 billion borrowing package under the SAFE defence financing framework is facing growing scrutiny amid concerns that much of the programme’s economic value could flow to Western Europe while Romania assumes the long-term financial burden.

May 15, 2026
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BAE Systems has completed development and integration of an upgraded Link 16 test capability for Multifunctional Information Distribution System Joint Tactical Radio System terminals on U.S. Air Force F-16 Fighting Falcon aircraft. According to the company, the upgrade is intended to streamline maintenance procedures and return aircraft to operational service more quickly.
Air

BAE Systems integrates upgraded Link 16 test capability for U.S. Air Force F-16 aircraft fleet

Anduril Industries has announced a $5 billion Series H funding round that values the company at $61 billion. The financing was led by Thrive Capital and Andreessen Horowitz.
Top

Anduril raises $5 billion in Series H funding round, reaching $61 billion valuation

The Ministry of Defense of Israel has signed a contract valued at more than $34 million with Elbit Systems to expand the operational capabilities of the Israeli Air Force’s Lockheed Martin F-35I Adir fighter fleet. According to the ministry and the company, the agreement covers the development and integration of external fuel tanks intended to increase the aircraft’s operational range and flexibility during long-range missions.
Air

Israel awards Elbit Systems contract to expand operational range of F-35I Adir fighter aircraft fleet

Land

Romania’s Infantry Fighting Vehicle programme faces growing questions. Are government claims consistent with reality?

May 14, 2026
Sea

Davie Defense secures $3.5 billion U.S. Coast Guard Arctic Security Cutter contract with construction in Finland and Texas

May 13, 2026
Top

Ukraine and Germany expand defence partnership through air defence, drone production and technology cooperation

May 13, 2026
Air

Leidos to produce 3,000 low-cost containerized cruise missiles under U.S. Department of War agreement

May 13, 2026

Featured

Norway cancels Naval Strike Missile deal with Malaysia, raising concerns over defense procurement stability

Norway has cancelled a contract between Kongsberg Defence & Aerospace and Malaysia for the delivery of Naval Strike Missile systems and launchers after Oslo implemented new arms export restrictions

May 15, 2026

CoAspire joins U.S. low-cost cruise missile program with GHOST ground-launched strike system

CoAspire has signed a framework agreement with the U.S. Department of War to support the development and production of affordable ground-launched cruise missiles under the Low-Cost Containerized Munitions programme

May 15, 2026

Lockheed Martin expands munitions production strategy with new supplier initiative and $9 billion investment plan

Lockheed Martin and the U.S. Department of War have launched a new supplier conference series aimed at accelerating munitions production as defence demand continues to rise

May 15, 2026

U.S. Air Force MQ-9 Reaper fleet falls below operational minimum after combat losses over Iran

The United States Air Force has seen its fleet of MQ-9 Reaper drones decline to approximately 135 aircraft following the nearly six-week-long Epic Fury operation against Iran

May 14, 2026

Australia expands missile manufacturing strategy through new naval strike missile agreement with Norway

The Government of Australia has signed a new defence cooperation agreement with Norway aimed at supporting the domestic production and sustainment of advanced missile systems in Australia

May 14, 2026

Switzerland faces rising costs and capability questions over planned F-35A fighter aircraft acquisition

Switzerland’s planned acquisition of the Lockheed Martin F-35A Lightning II is facing growing financial and operational uncertainty as costs rise and the number of aircraft expected to be purchased declines

May 14, 2026

Hanwha Aerospace and Milrem Robotics partner on Romanian unmanned ground vehicle programme at BSDA 2026

Hanwha Aerospace has signed a teaming agreement with Milrem Robotics to jointly pursue Romania’s unmanned ground vehicle programme

May 14, 2026

Rotron Aerospace demonstrates SkyLance long-range strike system as UK expands sovereign defence capability

Rotron Aerospace has announced the successful demonstration and firing of its SkyLance long-range one-way effector platform, validating key propulsion and system performance characteristics

May 14, 2026

Navantia and Kongsberg Naval Services sign long-term agreement to support Norway’s F 310 frigates

Navantia and Kongsberg Naval Services have signed a Framework Agreement in Bergen establishing a long-term contractual structure for support and modernisation work on the Royal Norwegian Navy’s F 310 Fridtjof Nansen-class frigates

May 14, 2026

UK awards £1 billion RCH 155 artillery contract to strengthen British Army capability and NATO interoperability

The Ministry of Defence has announced a nearly £1 billion contract to procure 72 Remote Controlled Howitzers (RCH 155) for the British Army, marking a major step in the modernisation of the United Kingdom’s artillery capabilities

May 14, 2026

Diehl Defence conducts successful Spike LR missile firings from Ziesel unmanned ground vehicle platform

Diehl Defence has successfully completed live firing tests of the Spike LR guided missile from its Ziesel unmanned ground vehicle platform in cooperation with Rafael Advanced Defense Systems and EuroSpike

May 14, 2026

Castelion signs U.S. Department of War agreement to produce Blackbeard hypersonic missiles at scale

Castelion has signed a production framework agreement with the United States Department of War to manufacture and field its Blackbeard hypersonic strike missile

May 13, 2026

INDUSTRY SPOTLIGHT

Lockheed Martin has invested more than $7 billion to expand production capacity for key defense systems, including advanced air defense munitions. The investment is aimed at increasing output to meet growing demand from the United States and allied nations.
Important

Lockheed Martin expands munitions production strategy with new supplier initiative and $9 billion investment plan

Israel Aerospace Industries (IAI) has reported record financial results for 2025
Important

Israel Aerospace Industries names CEO Boaz Levy as Chairman in unprecedented state company appointment

Aselsan, one of Türkiye’s leading defence technology companies, is exhibiting at the Black Sea Defence & Aerospace (BSDA) exhibition in Bucharest, Romania. The company is showcasing a broad portfolio of defence products, with a particular focus on electronic warfare capabilities. Aselsan has also signalled its readiness to establish deep industrial cooperation with Romanian companies in order to strengthen its offer to the Romanian Government.
Important

Aselsan expands presence in Bucharest and offers combat-proven defence solutions to the Romanian Armed Forces

Air

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CoAspire has signed a framework agreement with the U.S. Department of War to support the development and production of affordable ground-launched cruise missiles under the Low-Cost Containerized Munitions programme. The agreement positions the company’s GHOST missile system as part of a broader effort to expand U.S. long-range strike capacity through scalable, lower-cost munitions.

CoAspire joins U.S. low-cost cruise missile program with GHOST ground-launched strike system

May 15, 2026
Read more

U.S. Air Force MQ-9 Reaper fleet falls below operational minimum after combat losses over Iran

The United States Air Force has seen its fleet of MQ-9 Reaper drones decline to approximately 135 aircraft following the nearly six-week-long Epic Fury operation against Iran.

May 14, 2026

Switzerland faces rising costs and capability questions over planned F-35A fighter aircraft acquisition

Switzerland’s planned acquisition of the Lockheed Martin F-35A Lightning II is facing growing financial and operational uncertainty as costs rise and the number of aircraft expected to be purchased declines.

May 14, 2026

BAE Systems integrates upgraded Link 16 test capability for U.S. Air Force F-16 aircraft fleet

BAE Systems has completed development and integration of an upgraded Link 16 test capability for Multifunctional Information Distribution System Joint Tactical Radio System terminals on U.S. Air Force F-16 Fighting Falcon aircraft.

May 14, 2026

Rotron Aerospace demonstrates SkyLance long-range strike system as UK expands sovereign defence capability

Rotron Aerospace has announced the successful demonstration and firing of its SkyLance long-range one-way effector platform, validating key propulsion and system performance characteristics.

May 14, 2026

Israel awards Elbit Systems contract to expand operational range of F-35I Adir fighter aircraft fleet

The Ministry of Defense of Israel has signed a contract valued at more than $34 million with Elbit Systems to expand the operational capabilities of the Israeli Air Force’s Lockheed Martin F-35I Adir fighter fleet.

May 14, 2026

Castelion signs U.S. Department of War agreement to produce Blackbeard hypersonic missiles at scale

Castelion has signed a production framework agreement with the United States Department of War to manufacture and field its Blackbeard hypersonic strike missile.

May 13, 2026

Land

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Hanwha Aerospace has signed a teaming agreement with Milrem Robotics to jointly pursue Romania’s unmanned ground vehicle programme. The agreement was signed during the Black Sea Defense & Aerospace 2026 exhibition in Bucharest and establishes a framework for cooperation on wheeled and tracked unmanned systems.

Hanwha Aerospace and Milrem Robotics partner on Romanian unmanned ground vehicle programme at BSDA 2026

May 14, 2026
Read more

UK awards £1 billion RCH 155 artillery contract to strengthen British Army capability and NATO interoperability

The Ministry of Defence has announced a nearly £1 billion contract to procure 72 Remote Controlled Howitzers (RCH 155) for the British Army, marking a major step in the modernisation of the United Kingdom’s artillery capabilities.

May 14, 2026

Romania’s Infantry Fighting Vehicle programme faces growing questions. Are government claims consistent with reality?

The IFV programme—accounting for roughly one-third of Romania’s €8.33 billion SAFE package—is under scrutiny over pricing, localisation, and procurement process.

May 14, 2026

Diehl Defence conducts successful Spike LR missile firings from Ziesel unmanned ground vehicle platform

Diehl Defence has successfully completed live firing tests of the Spike LR guided missile from its Ziesel unmanned ground vehicle platform in cooperation with Rafael Advanced Defense Systems and EuroSpike.

May 14, 2026

PGZ unveils export version of Borsuk infantry fighting vehicle with Turra 30 turret at IDEB 2026

Polska Grupa Zbrojeniowa (PGZ) presented an export configuration of its Borsuk infantry fighting vehicle for the first time during the IDEB 2026 exhibition in Bratislava.

May 13, 2026

SFC Energy wins record €42.7 million contract to deliver hybrid fuel cell systems to Ukraine in 2026

SFC Energy has received a contract worth approximately €42.7 million to supply hybrid fuel cell systems to Ukraine as part of an enablement initiative backed by the German federal government.

May 13, 2026

Galvion advances European expansion strategy with focus on next-generation soldier systems [INTERVIEW]

„Our entire philosophy starts with the end user – the soldier. That’s why we have never lost a NATO tender where comprehensive user trials were the decisive factor. When soldiers are given the choice, they consistently select solutions that prioritize performance, comfort, and integration”, says Jonathan Blanshay, Founder and CEO of Galvion.

May 12, 2026

Sea

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Australian Precision Technologies have announced they have received a contract from Kongsberg Defence Australia to manufacture precision-machined components for the Naval Strike Missile (NSM) launchers delivered under Project SEA 1300.

Norway cancels Naval Strike Missile deal with Malaysia, raising concerns over defense procurement stability

May 15, 2026
Read more

Australia expands missile manufacturing strategy through new naval strike missile agreement with Norway

The Government of Australia has signed a new defence cooperation agreement with Norway aimed at supporting the domestic production and sustainment of advanced missile systems in Australia.

May 14, 2026

Navantia and Kongsberg Naval Services sign long-term agreement to support Norway’s F 310 frigates

Navantia and Kongsberg Naval Services have signed a Framework Agreement in Bergen establishing a long-term contractual structure for support and modernisation work on the Royal Norwegian Navy’s F 310 Fridtjof Nansen-class frigates.

May 14, 2026

Davie Defense secures $3.5 billion U.S. Coast Guard Arctic Security Cutter contract with construction in Finland and Texas

Davie Defense has finalized a $3.5 billion contract with the United States Coast Guard for the construction and delivery of five Arctic Security Cutters, a new class of Arctic icebreaker.

May 13, 2026

Saab and PGZ sign strategic naval cooperation agreement covering submarines, surface vessels and underwater systems

Saab has signed a Strategic Collaboration Agreement in the naval domain with Polska Grupa Zbrojeniowa, expanding cooperation between the Swedish and Polish defence industries.

May 13, 2026

U.S. Navy shipbuilding plan details nuclear-powered Trump-class battleship and carrier design review

The U.S. Navy has confirmed that its planned Trump-class battleship will use nuclear propulsion and will not replace the Arleigh Burke-class guided missile destroyers, according to the service’s latest 30-year shipbuilding plan.

May 12, 2026

U.S. Navy Ohio-class ballistic missile submarine arrives in Gibraltar amid renewed tensions with Iran

An United States Navy Ohio-class ballistic missile submarine arrived in Gibraltar on May 10 in a rare publicly disclosed deployment involving one of the United States’ nuclear-armed submarines.

May 11, 2026

Space/C4ISR

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Ministry of Defence of Ukraine announced that Defence Minister Mykhailo Fedorov held talks with Alex Karp, chief executive of Palantir Technologies, on cooperation in artificial intelligence, data analysis and defence technologies. The discussions focused on scaling technological solutions intended to strengthen Ukraine’s security capabilities.

Ukraine and Palantir discuss AI cooperation to strengthen air defence and battlefield decision-making

May 12, 2026
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Dassault Aviation and OHB partner on VORTEX-S spaceplane proposal for European Space Agency

Dassault Aviation and OHB announced a partnership to propose the VORTEX-S multipurpose spaceplane to the European Space Agency.

May 12, 2026

BlackSky secures seven-figure government contract for advanced Gen-2 space intelligence applications

BlackSky Technology announced that it has received a seven-figure subscription contract from a new government customer for advanced Gen-2 mission applications.

May 12, 2026

Lockheed Martin demonstrates NGC2 cross-domain battlefield network during Balikatan 2026 exercise

Lockheed Martin announced that its Team Lockheed Martin NGC2 prototype demonstrated cross-domain integration capabilities during the Balikatan 2026 exercise in the Indo-Pacific region.

May 12, 2026

Northrop Grumman introduces LR-450 next-generation navigation system for deep space and orbital missions

Northrop Grumman has introduced the LR-450, a compact positioning and navigation system designed to provide continuous spacecraft tracking and orientation during missions in space.

May 12, 2026

Rocket Lab and Raytheon chosen to demonstrate advanced missile defense capabilities for U.S. Space Force program

Rocket Lab and Raytheon have been selected to demonstrate advanced capabilities for the United States Space Force’s Space Based Interceptor program.

May 8, 2026

U.S. Space Force accelerates deployment of deep space radar network to strengthen orbital surveillance

United States Space Force has accelerated the deployment and operational employment of the Deep Space Advanced Radar Capability, known as DARC, in response to growing threats in orbit from increasing numbers of man-made objects and potential adversary activities.

May 6, 2026

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