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The U.S. government has awarded Lockheed Martin a seven-year undefinitized contract action worth up to $35 billion for Terminal High Altitude Area Defense interceptors. The award is intended to quadruple production of THAAD interceptors and accelerate delivery of critical missile defense capability for the United States and its allies.

Lockheed Martin receives up to $35 billion seven-year THAAD interceptor award to quadruple missile defense production capacity

United States

Lockheed Martin receives up to $35 billion seven-year THAAD interceptor award to quadruple missile defense production capacity

"This award reflects our shared vision with the Department of War to strengthen America's Arsenal of Freedom through a transformational shift to multiyear procurement," said Tim Cahill, president, Lockheed Martin Missiles and Fire Control.

Swedish defence company Saab has received a contract worth approximately USD 46 million from the U.S. Army for the delivery of Giraffe 1X radars. The order

Ukraine says Swedish Giraffe radar family strengthens air defence detection network as Gripen contract preparations continue

The Boeing Defence Australia-developed MQ-28 Ghost Bat will integrate with U.S. and allied forces during Exercise Valiant Shield 2026. The production-representative test aircraft will take part in the exercise as the U.S. Air Force advances the operational development of Collaborative Combat Aircraft.

U.S. Air Force to integrate Boeing MQ-28 Ghost Bat with crewed fighters at Valiant Shield 2026 to advance CCA teaming

Rheinmetall has received a contract from the Romanian government to supply Skyranger 35 air defence systems. The order is part of a historic €5.7 billion package covering combat vehicles, vessels and air defence systems.

Romania orders Rheinmetall Skyranger 35 air defence systems on Lynx KF41 platform to strengthen NATO’s eastern flank

KNDS has delivered the first of 110 comprehensively modernised Swedish Stridsvagn 123A main battle tanks to Sweden’s procurement agency FMV. FMV ordered the renovation and modification of all Swedish Armed Forces Stridsvagn 122 tanks on behalf of the Armed Forces.

KNDS Deutschland delivers first modernised Leopard 2 main battle tank to Sweden’s FMV under fleet upgrade programme

Top Stories

The U.S. military is moving to replenish its inventory of GBU-57 Massive Ordnance Penetrator bunker-busting bombs used against Iran’s Fordow and Natanz nuclear facilities during Operation Midnight Hammer on June 22

U.S. Air Force marks one year since Operation Midnight Hammer, largest B-2 mission and first combat use of GBU-57

AERO Vodochody Aerospace reported the best financial results in its modern history in 2025, with revenue rising 8% year on year to nearly CZK 6.5 billion, or about EUR 269 million. Profit before tax increased from CZK 102 million, or about EUR 4.2 million, to a record CZK 512 million, or EUR 21.2 million.

AERO Vodochody posts record 2025 profit as Skyfox deliveries, aerostructures work and support services drive growth

Lockheed Martin has announced a next-generation hypersonic glide body intended to provide an affordable and rapidly producible long-range strike option. The company said the new system, known as NXGB, is designed to combine advanced performance, survivability and scalability for evolving national security requirements.

Lockheed Martin develops next-generation hypersonic glide body with scalable production focus and 2027 flight test planned

Saab said two new Gripen C fighters have landed at Kecskemét Air Base, completing deliveries under a 2024 contract amendment between the Swedish Defence Materiel Administration and the Hungarian Ministry of Defence. The aircraft form part of Hungary’s expanded Gripen fleet for the defence of Hungarian and NATO airspace.

Saab completes final Gripen C deliveries to Hungary, expanding fleet to 18 aircraft for national and NATO air policing

Lockheed Martin and the U.S. Army have completed another successful production qualification flight of the Precision Strike Missile (PrSM) at White Sands Missile Range in New Mexico. The test involved the launch of two PrSMs from a HIMARS system

Lockheed Martin PrSM production framework rises to $13.3 billion after $8.4 billion U.S. agreement through 2032

KNDS N.V. has announced its intention to proceed with an initial public offering and seek admission of its ordinary shares to Euronext Paris and the Frankfurt Stock Exchange. The company said the planned listing would support its long-term growth strategy as demand for European land defence systems accelerates.

KNDS plans IPO on Euronext Paris and Frankfurt Stock Exchange as Germany prepares investment alongside French State to support growth

The U.S. Space Force’s Space Systems Command has demonstrated a Tactically Responsive Space launch capability with the liftoff of Rocket Lab’s Electron launch vehicle. The launch took place from Rocket Lab’s Launch Complex-1 in New Zealand on June 19, 2026, as part of the VICTUS HAZE mission.

U.S. Space Force demonstrates responsive launch for VICTUS HAZE as Rocket Lab and True Anomaly vehicles move to on-orbit operations

Raytheon, a business of RTX, has signed a $3.7 billion contract to deliver Patriot GEM-T interceptors to Ukraine. The agreement is intended to support Ukraine’s air and missile defense capabilities amid ongoing demand for interceptor systems.

Poland signs nearly $1 billion deal for several hundred PAC-2 GEM-T interceptors for Patriot air defense system

Rheinmetall and Lockheed Martin presented the Fuchs JAGM next-generation missile tank destroyer at Eurosatory 2026 in Paris. The vehicle is designed as a highly mobile combat platform for engaging a wide range of threats on land and in the air.

Rheinmetall and Lockheed Martin highlight Fuchs JAGM, world’s first vehicle with 24 vertically launched Joint Air-to-Ground Missiles missiles

ASELSAN hosted President of the Republic of Poland Karol Nawrocki at its facilities in Ankara. The visit focused on advanced defence technologies, ongoing cooperation and the role of industrial collaboration in strengthening allied capabilities.

ASELSAN hosts Polish President Karol Nawrocki in Ankara as Türkiye and Poland review defence technology cooperation

Lockheed Martin is working with European industry partners on a proposal for the NATO Next Generation Modelling and Simulation competition. The company said the offering is built around ACES, its Advanced Center for Experimentation and Simulation.

Lockheed Martin partners with European industry on ACES-based offer for NATO Next Generation Modelling and Simulation competition

Frankenburg Technologies has opened its Riga Weapon System & Missile Assembly Factory, establishing its first operational step in a FieldFoundry manufacturing model for high-volume missile system production. The company described the site as the first missile production facility in the Baltic region and the first affordable air defence missile production facility in the world.

Frankenburg opens missile assembly site in Riga, targets production capacity of up to 100 missiles a day by the end of 2026

Featured

U.S. Army tests low-profile CROWS integration on M109A7 Paladin to improve closed-hatch protection and counter-UAS capability

U.S. Army Yuma Proving Ground is conducting developmental testing of a low-profile Common Remotely Operated Weapons Station for integration on the M109A7 Paladin self-propelled howitzer

June 25, 2026

U.S. Department of War launches up to $200 million quantum sensing initiative to strengthen ISR capabilities for the Joint Force

The U.S. Department of War’s Defense Innovation Unit has launched a multi-phase initiative to transition mature quantum sensing and timing technologies directly to the Joint Force

June 24, 2026

L3Harris to supply Falcon communication systems for German D-LBO program and special operations forces through FMS orders

L3Harris Technologies has received two Foreign Military Sales orders for Falcon communication systems to support German forces

June 24, 2026

BAE Systems to build Vantor Vantage 20 cm-class imaging satellite buses for national defence and intelligence programmes

BAE Systems has entered into an agreement to build high-resolution imaging satellite buses for Vantor

June 24, 2026

DroneShield launches Polish supply chain campaign to support European counter-drone demand and local industry participation

DroneShield has launched a strategic supply chain campaign in Poland aimed at strengthening local industry engagement

June 24, 2026

Belgium receives first Airbus H145M as expanded 20-helicopter order supports defence and police modernisation

Airbus Helicopters has delivered the first H145M helicopter to the Kingdom of Belgium, marking a step in the modernisation of the country’s defence and security capabilities

June 24, 2026

Air Force Nuclear Weapons Center reports 91st Missile Wing simulated Minuteman test to verify nuclear deterrence readiness

Airmen assigned to the 91st Missile Wing at Minot Air Force Base, North Dakota, conducted a Simulated Electronic Launch Minuteman test on June 3, 2026

June 24, 2026

Shield AI secures $16 million contract for delivery of MQ-35 V-BAT UAVs to support Polish Navy operations

Poland’s Armament Agency signed a contract with Shield AI on June 23, 2026, for delivery of the MQ-35 V-BAT unmanned aerial system

June 23, 2026

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.

June 15, 2026
Air

Airbus showcases broad European drone portfolio at ILA Berlin, from uncrewed H145 to collaborative combat aircraft

June 9, 2026
Land

Switzerland selects KNDS AGM artillery system on Piranha IV platform to modernise indirect fire capability

June 8, 2026
Air

Germany and France move to end joint FCAS fighter project while keeping wider European system-of-systems work

June 8, 2026
The combination of modularity, open architecture and multi-sensor integration allows EM&E Group to offer a proposal of C-UAS capabilities that can grow and adapt together with the operational requirements of the Armed Forces, consolidating its position as a leading European supplier of interoperable anti-drone solutions.
Land

EM&E Group redefines the anti-drone market with ODIN, a comprehensive and integrated C-UAS solution

ASELSAN, Türkiye’s defence technology powerhouse, which employs more than 14,000 people and has an order backlog exceeding $20 billion, is determined to strengthen its position in the international defence market. “Our portfolio includes state-of-the-art, combat-proven solutions. We see strong demand for our technologies, particularly in air defence, counter-drone systems and electronic warfare,” ASELSAN President and CEO Ahmet Akyol told Defence Industry Europe.
Important

ASELSAN becoming global defence player and pillar of regional security architecture, says Ahmet Akyol

Air

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The U.S. military is moving to replenish its inventory of GBU-57 Massive Ordnance Penetrator bunker-busting bombs used against Iran’s Fordow and Natanz nuclear facilities during Operation Midnight Hammer on June 22

U.S. Air Force marks one year since Operation Midnight Hammer, largest B-2 mission and first combat use of GBU-57

June 25, 2026
Read more about U.S. Air Force marks one year since Operation Midnight Hammer, largest B-2 mission and first combat use of GBU-57

Ukraine says Swedish Giraffe radar family strengthens air defence detection network as Gripen contract preparations continue

The Saab radar family includes the Giraffe PS-90, PS-100, Giraffe 1X, Giraffe AMB and Giraffe Mk IV.

June 24, 2026

AERO Vodochody posts record 2025 profit as Skyfox deliveries, aerostructures work and support services drive growth

AERO Vodochody Aerospace reported the best financial results in its modern history in 2025, with revenue rising 8% year on year to nearly CZK 6.5 billion, or about EUR 269 million.

June 24, 2026

DroneShield launches Polish supply chain campaign to support European counter-drone demand and local industry participation

DroneShield has launched a strategic supply chain campaign in Poland aimed at strengthening local industry engagement.

June 24, 2026

Lockheed Martin develops next-generation hypersonic glide body with scalable production focus and 2027 flight test planned

Lockheed Martin has announced a next-generation hypersonic glide body intended to provide an affordable and rapidly producible long-range strike option.

June 24, 2026

U.S. Air Force to integrate Boeing MQ-28 Ghost Bat with crewed fighters at Valiant Shield 2026 to advance CCA teaming

The production-representative test aircraft will take part in the exercise as the U.S. Air Force advances the operational development of Collaborative Combat Aircraft.

June 24, 2026

Saab completes final Gripen C deliveries to Hungary, expanding fleet to 18 aircraft for national and NATO air policing

Saab said two new Gripen C fighters have landed at Kecskemét Air Base, completing deliveries under a 2024 contract amendment between the Swedish Defence Materiel Administration and the Hungarian Ministry of Defence.

June 24, 2026

Land

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U.S. Army Yuma Proving Ground is conducting developmental testing of a low-profile Common Remotely Operated Weapons Station for integration on the M109A7 Paladin self-propelled howitzer. The testing also covers the M992A3 Carrier Ammunition Tracked vehicle and is intended to assess how the system performs on those platforms.

U.S. Army tests low-profile CROWS integration on M109A7 Paladin to improve closed-hatch protection and counter-UAS capability

June 25, 2026
Read more about U.S. Army tests low-profile CROWS integration on M109A7 Paladin to improve closed-hatch protection and counter-UAS capability

KNDS plans IPO on Euronext Paris and Frankfurt Stock Exchange as Germany prepares investment alongside French State to support growth

KNDS N.V. has announced its intention to proceed with an initial public offering and seek admission of its ordinary shares to Euronext Paris and the Frankfurt Stock Exchange.

June 24, 2026

Rheinmetall and Lockheed Martin highlight Fuchs JAGM, world’s first vehicle with 24 vertically launched Joint Air-to-Ground Missiles missiles

Rheinmetall and Lockheed Martin presented the Fuchs JAGM next-generation missile tank destroyer at Eurosatory 2026 in Paris.

June 23, 2026

KNDS Deutschland delivers first modernised Leopard 2 main battle tank to Sweden’s FMV under fleet upgrade programme

The modernisation programme, known as REMO, covers Sweden’s Leopard 2 fleet and includes improved combat capability, higher protection, digitalisation measures and a logistics package.

June 23, 2026

Bundeswehr orders 23 Rheinmetall Bergepanzer 3 Büffel armoured recovery vehicles to replenish fleet after Ukraine transfers

Rheinmetall has received a Bundeswehr order for 23 armoured recovery vehicles from the Bergepanzer series, known as the Bergepanzer 3 Büffel.

June 23, 2026

Northrop Grumman to produce M1147 Advanced Multi-Purpose 120mm rounds for U.S. Army M1 Abrams tanks under five-year contract

Northrop Grumman has received a five-year U.S. Army contract to produce the M1147 Advanced Multi-Purpose 120mm tank round.

June 23, 2026

UK advances Project Brakestop long-range strike weapons for Ukraine after three British-designed systems complete flight tests

The UK Ministry of Defence said three British-designed long-range strike systems for Ukraine had been successfully flight tested only months after a competition was launched.

June 22, 2026

Sea

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Thales will provide satellite communications for the F126 frigates with SurfSAT-L solutions. This modernised system

Germany closes F126 frigate programme over cost and schedule risks as navy shifts towards MEKO A200 DEU option

June 24, 2026
Read more about Germany closes F126 frigate programme over cost and schedule risks as navy shifts towards MEKO A200 DEU option

Shield AI secures $16 million contract for delivery of MQ-35 V-BAT UAVs to support Polish Navy operations

Poland’s Armament Agency signed a contract with Shield AI on June 23, 2026, for delivery of the MQ-35 V-BAT unmanned aerial system.

June 23, 2026

HII awarded $418 million contract to strengthen U.S. Navy fleet readiness across global operations

HII has been awarded a $418 million contract to repair and maintain shipboard-based elevators on U.S. Navy aircraft carriers and amphibious ships.

June 22, 2026

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.

June 22, 2026

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.

June 20, 2026

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.

June 20, 2026

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.

June 18, 2026

Space/C4ISR

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L3Harris Technologies has received two Foreign Military Sales orders for Falcon communication systems to support German forces. The systems will be used for Germany’s Digitalization – Land Based Operations programme and special operations forces requirements.

L3Harris to supply Falcon communication systems for German D-LBO program and special operations forces through FMS orders

June 24, 2026
Read more about L3Harris to supply Falcon communication systems for German D-LBO program and special operations forces through FMS orders

BAE Systems to build Vantor Vantage 20 cm-class imaging satellite buses for national defence and intelligence programmes

BAE Systems has entered into an agreement to build high-resolution imaging satellite buses for Vantor.

June 24, 2026

U.S. Space Force demonstrates responsive launch for VICTUS HAZE as Rocket Lab and True Anomaly vehicles move to on-orbit operations

The U.S. Space Force’s Space Systems Command has demonstrated a Tactically Responsive Space launch capability with the liftoff of Rocket Lab’s Electron launch vehicle.

June 23, 2026

Boeing advances Q4S quantum networking satellite after entanglement-swapping ground tests ahead of planned 2027 on-orbit demonstration

Boeing said its Q4S quantum networking satellite system has demonstrated high-fidelity entanglement swapping during ground testing on a compact, space-qualified payload.

June 23, 2026

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.

June 22, 2026

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.

June 20, 2026

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.

June 17, 2026

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