Five of the Nordic region’s largest defence and technology companies will anchor a new industry forum intended to convert closer regional cooperation into deployable capabilities.
Lockheed Martin Chief Executive Jim Taiclet is pressing for a broader shift in U.S. defense procurement toward long-term, commercially structured contracts that give weapons makers greater confidence to invest their own capital before orders arrive.
The U.S. Navy has awarded Castelion a $89,997,162 firm-fixed-price order to advance its Blackbeard hypersonic strike weapon toward Early Operational Capability.
DEUTZ shareholders have overwhelmingly approved the financing structure for the company’s acquisition of FFG Flensburger Fahrzeugbau Gesellschaft.
Advanced Armour Engineering has signed a manufacturing license agreement with Kazakhstan-based WireTech to produce mission-critical wiring harnesses, cabling looms and accessories in the United Arab Emirates
Oshkosh Corporation highlighted the production scale behind its tactical vehicle business during a visit by Secretary of War Pete Hegseth, including more than 25,000 JLTVs manufactured since 2015.
AeroVironment Inc. plans to invest $100 million in a company-owned campus in Moorpark, California, consolidating operations now spread across five leased Southern California sites.
Leidos has secured a five-year, $301 million U.S. Army contract to monitor military networks around the clock.
General Dynamics Land Systems has completed a multiyear, multimillion-dollar modernization of its headquarters in Sterling Heights, Michigan.
Hanwha Aerospace presented its K9 Thunder, Chunmoo and L-SAM systems to Danish defence officials during DALO Industry Days on 19–20 August.
Leonardo is using the acquisition of Iveco Defence Vehicles to build a broader land systems business and expand its industrial footprint.
AeroVironment will establish a majority-owned joint venture in Greece to expand its presence in Europe’s defense market.
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