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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
General Dynamics sees further U.S. Navy shipbuilding growth at Bath and NASSCO, with DDG-51 delivery nearly three months early

General Dynamics sees further U.S. Navy shipbuilding growth at Bath and NASSCO, with DDG-51 delivery nearly three months early

General Dynamics expects further growth in its U.S. surface and auxiliary ship businesses as higher productivity at Bath Iron Works and additional capacity at NASSCO support increased Navy work.

August 8, 2026
Lockheed Martin Canada plans up to 320 new Nova Scotia jobs and $126 million expansion as German Navy selects CMS 330

Lockheed Martin Canada plans up to 320 new Nova Scotia jobs and $126 million expansion as German Navy selects CMS 330

Lockheed Martin Canada plans to add up to 320 highly skilled jobs in Nova Scotia over the next five years.

August 8, 2026
Lockheed Martin CEO says $1.4 billion in contract modifications will speed Conventional Prompt Strike as new hypersonic glide body advances

Lockheed Martin CEO says $1.4 billion in contract modifications will speed Conventional Prompt Strike as new hypersonic glide body advances

Lockheed Martin is accelerating development and demonstration of the Conventional Prompt Strike hypersonic weapon after a series of successful flight tests, Chief Executive Jim Taiclet said.

August 8, 2026
Northrop Grumman CEO says Sentinel backlog rose by $7.6 billion, with first integrated missile flight planned for 2027

Northrop Grumman CEO says Sentinel backlog rose by $7.6 billion, with first integrated missile flight planned for 2027

Northrop Grumman added $7.6 billion to its Sentinel backlog in the second quarter after further contract definitization and authorization from the U.S. Air Force.

August 8, 2026
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