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Rheinmetall CEO says company is recruiting about 10,000 employees annually to support rapid defence production expansion

Rheinmetall CEO says company is recruiting about 10,000 employees annually to support rapid defence production expansion

Rheinmetall is recruiting about 10,000 employees annually to support the rapid expansion of its defence operations, Chief Executive Armin Papperger said.

August 12, 2026
Heaviside raises $60 million at $600 million valuation, taps Nammo to supply warheads for precision munitions production

Heaviside raises $60 million at $600 million valuation, taps Nammo to supply warheads for precision munitions production

Heaviside Industries has raised $60 million in Series B financing at a $600 million valuation and formed a strategic partnership with Nammo to support production of its multi-domain precision munitions platforms.

August 12, 2026
L3Harris opens $6 million Rhode Island undersea systems facility to expand U.S. Navy and allied maritime training capacity

L3Harris opens $6 million Rhode Island undersea systems facility to expand U.S. Navy and allied maritime training capacity

L3Harris Technologies has opened a new 50,000-square-foot maritime production facility in Providence, Rhode Island, after completing a $6 million investment.

August 12, 2026
Northrop Grumman invests more than $2 billion in Sentinel ICBM as U.S. nuclear deterrent modernization moves toward early 2030s

Northrop Grumman invests more than $2 billion in Sentinel ICBM as U.S. nuclear deterrent modernization moves toward early 2030s

Northrop Grumman has invested more than $2 billion in facilities and technology for the LGM-35A Sentinel program as work advances on the next generation of the U.S. land-based nuclear deterrent.

August 12, 2026
Lockheed Martin makes multimillion-dollar investment in modular hypersonic system to cut costs and scale U.S. weapons production

Lockheed Martin makes multimillion-dollar investment in modular hypersonic system to cut costs and scale U.S. weapons production

The company said the architecture could support offensive and defensive missions while reducing the time and cost required to introduce new payloads.

August 11, 2026
Leonardo CEO says Italy is set to sign new A2CS and Panther-based main battle tank contracts in the coming months

Leonardo CEO says Italy is set to sign new A2CS and Panther-based main battle tank contracts in the coming months

Leonardo expects its partnership with Rheinmetall to secure two further Italian Army land-system contracts in the coming months.

August 11, 2026
Lockheed Martin invests $250 million in Strigo Product Center to accelerate missile seekers, sensors and datalinks for U.S. weapons

Lockheed Martin invests $250 million in Strigo Product Center to accelerate missile seekers, sensors and datalinks for U.S. weapons

Lockheed Martin said the investment is intended to move new technologies from concept to tested hardware in months rather than years.

August 10, 2026
Northrop Grumman says Project Talon is accelerating military autonomy with YFQ-48A Talon Blue and Talon IQ for future missions

Northrop Grumman says Project Talon is accelerating military autonomy with YFQ-48A Talon Blue and Talon IQ for future missions

Northrop Grumman is advancing a self-funded autonomous aircraft initiative built around its YFQ-48A Talon Blue and Talon IQ testbed ecosystem.

August 10, 2026
Rheinmetall takes delivery of €6.2 billion in supplies for defense production ramp, keeps factory expansion on track, CEO says

Rheinmetall takes delivery of €6.2 billion in supplies for defense production ramp, keeps factory expansion on track, CEO says

Chief Executive Officer Armin Papperger said the increase was necessary to sustain the pace of production.

August 9, 2026
Safran triples M88 engine deliveries in Rafale production push, sees potential 2026 cash upside from Indian fighter talks

Safran triples M88 engine deliveries in Rafale production push, sees potential 2026 cash upside from Indian fighter talks

Safran more than tripled deliveries of M88 fighter engines in the first half of 2026 as Rafale production accelerated.

August 9, 2026
Kratos prepares to produce 3,000 Spartan turbojet engines in 2027 and 5,000 in 2028 for low-cost cruise missile programs

Kratos prepares to produce 3,000 Spartan turbojet engines in 2027 and 5,000 in 2028 for low-cost cruise missile programs

Kratos Defense & Security Solutions is preparing to move its small cruise-missile engine business into mass production, with at least 3,000 Spartan turbojets planned for customers in 2027 and another 5,000 targeted for 2028.

August 9, 2026
BAE Systems CEO says Japan and Canada offer major growth potential, with GCAP, warship and Arctic radar programmes opening new opportunities

BAE Systems CEO says Japan and Canada offer major growth potential, with GCAP, warship and Arctic radar programmes opening new opportunities

BAE Systems sees scope to expand its defence business in Japan and Canada, two markets that remain relatively small for the group but are moving towards higher military spending.

August 9, 2026
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