Hanwha Aerospace receives first S&P Global ‘A-’ credit rating as exports and record order backlog support outlook
Hanwha Aerospace has received a long-term issuer credit rating of “A-” with a stable outlook from S&P Global Ratings.
Top Stories
Allison Transmission signs $250 million deal to supply 4040 MX transmissions for BAE Systems Hägglunds CV90 MkIV vehicles
U.S. Marine Corps strengthen Okinawa-based littoral regiment with NMESIS anti-ship and MADIS air defence systems
Palladyne AI wins U.S. Army contracts to validate SwarmOS autonomy and Gremlin-X mini-bomber UAV with warfighters
Anduril launches FQ-44 Fury serial production for U.S. Air Force Collaborative Combat Aircraft programme
OpenWorks contracted to provide Vision Guard counter-UAS capability for Australian Defence Force’s fast-tracked Land 156 programme
MBDA completes first Crossbow firings as ground-launched deep strike capability moves towards production in 2026
Royal Navy F-35 Lightnings from HMS Prince of Wales joined NATO’s Ramstein Flag 26 exercise across Europe
Safran launches Land OmniGuard counter-drone system combining passive surveillance, AI and resilient navigation
U.S. Air Force VC-25B Bridge aircraft arrives at Joint Base Andrews to begin commissioning flights for presidential airlift
Hanwha Aerospace and Generation 5 Holding agree to pursue local K9 howitzer production for Middle East market
Featured
Ericsson and partners launch Digital Arena Sweden test centre to advance 5G, 6G and AI and strengthen Swedish industry
Ericsson, Telia and other partners have announced Digital Arena Sweden, a new national connectivity and next-generation test centre
48th Fighter Wing proves F-35A combat reach across Europe during NATO’s Ramstein Flag 26 exercise
The 48th Fighter Wing concluded its participation in Exercise Ramstein Flag 26 on June 18 after demonstrating its ability to integrate with NATO partners and Allied air forces
Netherlands redirected air defence frigate towards the Strait of Hormuz as cabinet considered possible coalition deployment
The Dutch air defence and command frigate HNLMS De Ruyter could play a role in safeguarding free passage through the Strait of Hormuz
Ukrainian drone strikes halted refining at Moscow’s Kapotnya oil refinery after damaging key units and fuel tanks
The General Staff of the Armed Forces of Ukraine said Ukrainian drone strikes had forced the Moscow oil refinery in the Kapotnya district to halt crude oil processing
Terra Drone established Terra Defense Europe in Estonia as base for European defence unmanned aircraft business
Terra Drone Corporation has established Terra Defense Europe in Estonia as a base for its defence business in Europe
Rotron Aerospace marks Project Brakestop trial milestone for SkyLance long-range one-way effect system
Rotron Aerospace has celebrated the successful trial of its SkyLance One Way Effect system under the UK Ministry of Defence’s Project Brakestop
Malaysia orders 18 CAESAR artillery systems from KNDS with technology transfer and local assembly under ADS partnership
Malaysia has ordered 18 CAESAR artillery systems from KNDS, becoming the 15th customer country for the wheeled artillery system
HII delivers first REMUS 130 unmanned underwater vehicle as latest variant of widely deployed autonomous platform
HII has delivered the first REMUS 130 unmanned underwater vehicle. The company said the delivery marks a milestone for the next generation of the REMUS autonomous underwater vehicle family
Industry spotlight
ASELSAN at Eurosatory 2026: strengthening multi-domain defense for allied forces
ASELSAN’s expanding engagement with the NATO ecosystem was recently underscored by the visit of NATO Secretary General Mark Rutte to the company’s facilities in Ankara.
Airbus showcases broad European drone portfolio at ILA Berlin, from uncrewed H145 to collaborative combat aircraft
Switzerland selects KNDS AGM artillery system on Piranha IV platform to modernise indirect fire capability
Germany and France move to end joint FCAS fighter project while keeping wider European system-of-systems work
Palladyne AI wins U.S. Army contracts to validate SwarmOS autonomy and Gremlin-X mini-bomber UAV with warfighters
Palladyne AI has been awarded two U.S. Army contracts to research, develop and operationally validate its SwarmOS autonomous swarm technology and Gremlin-X mini-bomber UAV.
Ukrainian drone strikes halted refining at Moscow’s Kapotnya oil refinery after damaging key units and fuel tanks
The General Staff of the Armed Forces of Ukraine said Ukrainian drone strikes had forced the Moscow oil refinery in the Kapotnya district to halt crude oil processing.
Anduril launches FQ-44 Fury serial production for U.S. Air Force Collaborative Combat Aircraft programme
The U.S. Air Force selected Anduril for the production phase of the Collaborative Combat Aircraft program, moving the company’s FQ-44 semi-autonomous fighter aircraft into serial production.
Boeing’s JDAM Long Range expanded affordable precision strike reach for legacy and next-generation aircraft platforms
JDAM LR is intended for rapid integration on both legacy and next-generation platforms.
RAF Typhoon conducted taxiway take-off and landing manoeuvres at RAF Akrotiri to validate contingency QRA operations under ACE
A Royal Air Force Typhoon fighter jet conducted take-off and landing manoeuvres from a taxiway at RAF Akrotiri.
Terra Drone established Terra Defense Europe in Estonia as base for European defence unmanned aircraft business
Terra Drone Corporation has established Terra Defense Europe in Estonia as a base for its defence business in Europe.
U.S. Marine Corps strengthen Okinawa-based littoral regiment with NMESIS anti-ship and MADIS air defence systems
U.S. Marines with the 12th Marine Littoral Regiment, 3rd Marine Division, formally received the Navy-Marine Expeditionary Ship Interdiction Systems and Marine Air Defense Integrated Systems in June 2026.
Thales and Renault Group agreed partnership to build sovereign French drone industry and produce TOUTATIS loitering munition
Thales and Renault Group signed a strategic partnership agreement to jointly develop and industrialise large-scale production of Thales’ TOUTATIS loitering munition.
Precision Strike Missile (PrSM) expanded U.S. Army long-range fires as HIMARS and MLRS gained deeper strike and future anti-ship roles
The U.S. Army’s Precision Strike Missile has become a key element in the modernization of American rocket artillery.
Rolls-Royce unveiled mtu PowerPack Xelerate hybrid drive for heavy tracked vehicles as land forces sought more power and energy
Rolls-Royce Power Systems unveiled the mtu PowerPack Xelerate, an integrated parallel hybrid propulsion system for land forces.
Red Cat introduced Hellcat small unmanned aircraft system on Black Widow platform for global defense and security missions
Red Cat Holdings has introduced Hellcat, a dual-use small unmanned aircraft system built on its Black Widow platform.
Marshall Land Systems agreed to become authorised HUMVEE service provider as IRONCLAD team pursued UK light vehicle programme
AM General and Marshall Land Systems have signed a Memorandum of Understanding at Eurosatory to certify Marshall Land Systems as an authorised service provider for AM General’s HUMVEE platform.
HII delivers first REMUS 130 unmanned underwater vehicle as latest variant of widely deployed autonomous platform
HII has delivered the first REMUS 130 unmanned underwater vehicle. The company said the delivery marks a milestone for the next generation of the REMUS autonomous underwater vehicle family.
Navantia launched sixth Saudi corvette HMS ALMADINAH in San Fernando under second Royal Saudi Navy contract
Navantia has launched the sixth corvette built for the Royal Saudi Naval Forces at its San Fernando shipyard in Cádiz.
OSI and TKMS sign MOU to explore Canadian ECPINS navigation software for future Royal Canadian Navy patrol submarines
The Canadian Patrol Submarine Project is a Government of Canada procurement initiative to replace the Royal Canadian Navy’s Victoria-class submarines.
TKMS orders non-magnetic submarine steel from Valbruna ASW to support Canadian Patrol Submarine Project
TKMS has awarded Valbruna ASW Inc. an initial order for approximately 70 tonnes of non-magnetic submarine steel.
Kongsberg Australia exports first Australian-made NSM Coastal Defence System consoles to Europe for NATO customer
Kongsberg Australia has exported its first batch of Australian-made Naval Strike Missile Coastal Defence System command-and-control consoles to Europe.
Netherlands selects Naval Group F21 heavyweight torpedo for future Orka-class submarines under new contract
The Netherlands Ministry of Defence and Naval Group have signed a contract for the supply of new-generation F21 heavyweight torpedoes.
Russia begins operational use of Volna Kupol Garant electronic warfare system to jam Starlink satellite communications
Russia has begun operational use of the Volna Kupol Garant electronic warfare system to jam satellites in the Starlink constellation.
Northrop Grumman Pegasus rocket to support rapid mission to raise NASA Swift Observatory from decaying orbit
Northrop Grumman’s Pegasus rocket will support a time-sensitive mission intended to prevent NASA’s Neil Gehrels Swift Observatory from re-entering Earth’s atmosphere.
Saab invests in Comand AI to support command-and-control and C5ISR capability development in Europe
Saab has announced a strategic investment of 11.1 million euros in Comand AI.
Lockheed Martin receives $514 million U.S. Space Force contract for two GPS IIIF satellites to support constellation modernization
Lockheed Martin has received a $514 million U.S. Space Force contract to build Global Positioning System IIIF Space Vehicles 23 and 24.
U.S. Naval Research Laboratory receives Space Force antenna system to expand joint satellite tracking and testing capabilities
The U.S. Naval Research Laboratory has received a transportable satellite tracking antenna system from the U.S. Space Force’s Space Systems Command.
U.S. Air Force test pilot Bob Hines selected as alternate crew member for NASA’s Artemis III lunar mission training
NASA has selected Col. Bob “Farmer” Hines, an U.S. Air Force test pilot, to train alongside the prime crew for Artemis III.





