Citi joins NATO initiative to mobilise private capital for defence production, industrial resilience and military technology across allied economies
Citi said the initiative reflects the need to connect higher defence budgets with industrial capacity.
Top Stories
SDA awards $1.75 billion for Tranche 3 missile defense satellites supporting Golden Dome missile shield development
U.S. Central Command to resume naval blockade against Iran, restricting maritime traffic to and from Iranian ports and coastal areas
Auterion and SkyFall begin delivery of 50,000 Shrike strike drones with terminal guidance kits to Ukrainian forces
European countries and Ukraine launch Anti-Ballistic Missile Coalition to develop shared defensive capability against future threats
Helsing raises $1.8 billion to accelerate development of AI-enabled defence platforms for partner nations
Rheinmetall to support British Army collective training overhaul under Omnia consortium as UK expands digital combat simulation
Boeing to bring MQ-28 Ghost Bat and defense portfolio to Farnborough Airshow as global partnerships take focus
SES wins U.S. military agreement to provide managed Ku-band satellite connectivity for global missions
NATO launches Front Door and Engine initiatives to connect industry with procurement needs and expand Allied production capacity
Nokia and NestAI develop AI-enabled defence capabilities for contested environments with resilient connectivity under NATO requirements
Featured
U.S. uses maritime kamikaze drones in Iran strikes as Corsair platform points to wider shift in uncrewed naval warfare
U.S. forces carried out strikes against about 140 targets in Iran overnight from July 12 to 13, targeting sites linked to threats against commercial shipping in the Strait of Hormuz area
Rheinmetall Canada to provide MSU-200NAV aircraft ground support components for U.S. Navy and Marine Corps
The Canadian Commercial Corporation (CCC) has been awarded a contract by the United States Department of War to supply replacement components for Rheinmetall Canada’s MSU-200NAV aircraft ground support system
UK awards first European low-cost air defence interceptor contracts to counter mass drone threats under five-nation programme
The UK Ministry of Defence has awarded £3.16 million to three suppliers to develop low-cost interceptors designed to shoot down drones and other airborne threats
CENTCOM says U.S. forces used aircraft, naval vessels and attack drones in new strikes on Iranian military targets
U.S. Central Command said it completed a new wave of offensive strikes against Iran on July 12
ELVO and Rheinmetall MAN Military Vehicles advance Greek truck production plans after high-level talks in Vienna
Hellenic Vehicle Industries and Rheinmetall MAN Military Vehicles have moved forward with plans to deepen industrial cooperation after senior ELVO executives visited RMMV’s production facilities in Vienna
Anduril secures first NATO contract as NCIA selects Lattice for allied air command-and-control data platform evaluation
Anduril Industries has secured its first NATO contract after the NATO Communications and Information Agency selected its Lattice software for the Enhanced Air Command and Control Data Platform initiative
SES wins U.S. military agreement to provide managed Ku-band satellite connectivity for global missions
SES Space & Defense has won a five-year Blanket Purchase Agreement from the U.S. Space Force’s Space Systems Command to provide managed satellite communications services
Naval Air Station Joint Reserve Base Fort Worth installs new precision approach radar to improve flight safety and readiness
Naval Air Station Joint Reserve Base Fort Worth has installed a new AN/FPN-68A Precision Approach Radar, replacing an older system that had been in service for decades
Industry spotlight
AirSaab secures deal to produce 16 Gripen E multirole combat aircraft for Ukraine with deliveries due in 2029-2030
"I am deeply proud that Sweden and Saab can now enable the provision of Gripen E to Ukraine, bringing a world-class fighter that will transform the Ukrainian Air Force’s capability,” says Micael Johansson, President and CEO of Saab.
L3Harris breaks ground on two Arkansas facilities to expand PAC-3 propulsion production for U.S. Army missile defense systems
Air and missile defense: Israel completes Iron Dome upgrade tests with Iron Beam laser integration [VIDEO]
U.S. Marine Corps accepts six F-35Bs without radars as APG-85 delay is set to affect Air Force and Navy deliveries this year
European countries and Ukraine launch Anti-Ballistic Missile Coalition to develop shared defensive capability against future threats
Denmark, France, Germany, Italy, the Netherlands, Norway, Spain, Sweden, Ukraine and the United Kingdom have announced the start of work to establish a purely defensive Anti-Ballistic Missile Coalition.
BAE Systems to supply EPAWSS electronic warfare systems for Republic of Korea F-15K Slam Eagle fleet upgrade under Boeing contract
EPAWSS is an all-digital electronic warfare system designed to detect threats and support countermeasures across 360 degrees.
Rheinmetall Canada to provide MSU-200NAV aircraft ground support components for U.S. Navy and Marine Corps
The Canadian Commercial Corporation (CCC) has been awarded a contract by the United States Department of War to supply replacement components for Rheinmetall Canada’s MSU-200NAV aircraft ground support system.
UK awards first European low-cost air defence interceptor contracts to counter mass drone threats under five-nation programme
The UK Ministry of Defence has awarded £3.16 million to three suppliers to develop low-cost interceptors designed to shoot down drones and other airborne threats.
Helsing raises $1.8 billion to accelerate development of AI-enabled defence platforms for partner nations
Helsing has raised $1.8 billion in a Series E funding round, valuing the European defence AI company at $18 billion.
Dassault Aviation and Harmattan AI test NAMIB electronic-warfare payload in Rafale F4 drone-supported mission
NAMIB was jointly developed by Dassault Aviation and Harmattan AI and is designed to detect, identify and geolocate electromagnetic emissions, including signals from air defence systems.
Rheinmetall to support British Army collective training overhaul under Omnia consortium as UK expands digital combat simulation
Rheinmetall Electronics UK will play a major role in the British Army’s move to modernise and digitalise collective combat training.
ELVO and Rheinmetall MAN Military Vehicles advance Greek truck production plans after high-level talks in Vienna
Hellenic Vehicle Industries and Rheinmetall MAN Military Vehicles have moved forward with plans to deepen industrial cooperation after senior ELVO executives visited RMMV’s production facilities in Vienna.
Quantum Systems to supply autonomous Zetros trucks and MANDRILL ground vehicles for real-world testing in Ukraine
Quantum Systems has signed a multi-million-euro contract in Kyiv to deliver autonomous ground systems for research and development in Ukraine.
Czech Land Forces receive final used Leopard 2A4 tank from Germany as Prague advances wider armour modernisation plan
The Czech Land Forces have received the last of 42 used Leopard 2A4 main battle tanks obtained from Germany.
NSPA awards Diehl Defence contract for Vulcano 155mm guided ammunition to strengthen NATO long-range strike capability
The NATO Support and Procurement Agency has awarded Diehl Defence a contract for the procurement of Vulcano 155mm guided ammunition.
Saab targets Romanian market with cutting-edge training and simulation technologies
Swedish defence company Saab has long been known as a provider of proven and mature training and simulation solutions.
U.S. Central Command to resume naval blockade against Iran, restricting maritime traffic to and from Iranian ports and coastal areas
U.S. Central Command said U.S. forces will resume a naval blockade against Iran on July 14 at 4 p.m. ET at the direction of the Commander in Chief.
USS Mount Whitney becomes first U.S. warship to operate Link 22 underway during BALTOPS 2026
USS Mount Whitney became the first U.S. warship to organically integrate and operate Link 22 while underway in the Baltic region during Baltic Operations 2026, the U.S. Navy said.
Royal Navy launches Uncrewed Systems Centre in Swindon to accelerate use of drones, autonomous boats and minehunting systems
The centre is intended to connect operational users with industry and wider defence organisations.
USS Tucson arrives at Naval Base Guam as U.S. Navy reinforces forward-deployed submarine posture across the Western Pacific
The Los Angeles-class fast-attack submarine USS Tucson arrived at Naval Base Guam on July 10, 2026, shifting to its new homeport as part of the U.S. Navy’s strategic laydown of forces in the Pacific.
HII christens future USS George M. Neal as U.S. Navy adds another Flight III destroyer built for 21st-century threats
HII has christened the future USS George M. Neal, the fourth Flight III Arleigh Burke-class guided-missile destroyer built at its Ingalls Shipbuilding division.
U.S. Navy advances Trident II D5 ballistic missile life extension with $850 million award for strategic deterrence program
Lockheed Martin has received an $850 million contract modification from the U.S. Navy to continue design and development work on the Trident II D5 Life Extension 2 program.
SES wins U.S. military agreement to provide managed Ku-band satellite connectivity for global missions
SES Space & Defense has won a five-year Blanket Purchase Agreement from the U.S. Space Force’s Space Systems Command to provide managed satellite communications services.
Nokia and NestAI develop AI-enabled defence capabilities for contested environments with resilient connectivity under NATO requirements
Nokia Defense and NestAI are advancing their technology partnership to develop AI-enabled defence capabilities for contested and communications-denied environments.
L3Harris expands Atlas system to strengthen U.S. Space Force space domain awareness and allied data sharing
L3Harris Technologies said it is modernizing the U.S. Space Force’s Atlas system to improve monitoring of satellites, space debris and emerging threats in space.
Canadian Armed Forces selects Telesat Lightspeed for secure Mil-Ka Arctic military communications under ESCP-P programme
Telesat LEO ULC, a subsidiary of Telesat Corporation, said it has reached an agreement in principle with Canada’s Defence Investment Agency to provide Telesat Lightspeed services to the Canadian Armed Forces.
EUSI upgrades German satellite ground segment to accelerate secure intelligence delivery for defence and emergency agencies across Europe
European Space Imaging said it has upgraded its satellite ground segment and cloud infrastructure to accelerate secure satellite tasking and intelligence delivery for European defence, security and emergency agencies.
ICEYE establishes German entity and appoints country CEO to expand Europe’s sovereign space-based intelligence capability from Germany
ICEYE has formally established a German entity based in Berlin and Munich and appointed Philipp Herkelmann as CEO of ICEYE Germany.




