German defence group Rheinmetall doubles credit line to €1.5 billion ahead of expected growth
Rheinmetall has doubled its syndicated credit line to €1.5 billion from €750 million. The German defence company renewed the facility ahead of schedule.
Patria Group expands industrial footprint in Latvia, starts construction of new production facility
The plant will stand near the existing Defence Partnership Latvia facility at the Valmiera Industrial and Export Park.
Northrop Grumman CEO says B-21 and Sentinel support U.S. nuclear deterrence and military readiness
Northrop Grumman CEO Kathy Warden said modernizing America’s nuclear capabilities is necessary to maintain credible deterrence in a changing security environment.
MBDA says Remote Carrier Compact passes design review with approval from three nations ahead of planned first flight in 2029
MBDA’s Remote Carrier Compact demonstrator passed its Preliminary Design Review this summer, securing approval from France, Germany and Spain.
Anduril to boost Virginia-class submarine production with $3.7 billion investment in Maryland
The U.S. Navy has awarded the company a contract worth up to $2.9 billion, with payments tied to demonstrated production outcomes.
U.S. Navy puts $137 million into rocket motors for new air-to-air and ship-launched missiles
The U.S. Navy is putting $137 million into Ursa Major to develop solid rocket motors for two next-generation missiles, with both designs built from the outset for large-scale production.
ASELSAN CEO says company is expanding space capabilities to pursue international markets
ASELSAN is building on its defence electronics expertise to expand its satellite business and pursue international opportunities, chief executive Ahmet Akyol said at the International Astronautical Congress 2026 in Antalya.
Shield AI picks Washington to build and Kansas to test its AI-piloted X-BAT fighter jet, targeting 2029 production start
Shield AI will build its AI-piloted X-BAT fighter jet outside Seattle and put every aircraft through flight testing in Kansas, the defense technology company said on September 30.
U.S. approves potential $832 million Javelin sale to Egypt for 2,020 anti-tank missiles and 200 lightweight command launch units
The U.S. State Department has approved Egypt’s request for a potential purchase of 2,020 FGM-148F Javelin anti-tank guided missiles and 200 lightweight command launch units.
Leonardo DRS launches UK radar production to compete for European air defense and counter-drone contracts amid growing demand
Leonardo DRS is expanding its European presence to pursue growing demand for air defense and drone-detection radars.
Lockheed Martin strengthens Indo-Pacific allies’ strike and air defense capabilities with long-range weapons and counter-drone systems
Lockheed Martin is developing long-range strike weapons and layered counter-drone systems to strengthen the capabilities of U.S. allies in the Indo-Pacific.
L3Harris says WESCAM MX-10 supports SYPAQ’s airborne surveillance missions across Australia’s remote regions and coastlines
The sensor supports missions across an operating environment marked by long distances, remote locations and extensive coastlines.