IAI Chairman Boaz Levy linked the performance to the company’s position in strategic markets and continued investment in technology and production capabilities.
Northrop Grumman expects demand for secure microelectronics to remain strong across weapons, aircraft and space systems despite slower growth in parts of the business this year.
Rolls-Royce is expanding its Australian defence operations through a new export agreement with Marand Precision Engineering and the opening of a regional Defence headquarters in Canberra.
Rheinmetall is recruiting about 10,000 employees annually to support the rapid expansion of its defence operations, Chief Executive Armin Papperger said.
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.
L3Harris Technologies has opened a new 50,000-square-foot maritime production facility in Providence, Rhode Island, after completing a $6 million investment.
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.
The company said the architecture could support offensive and defensive missions while reducing the time and cost required to introduce new payloads.
Leonardo expects its partnership with Rheinmetall to secure two further Italian Army land-system contracts in the coming months.
Lockheed Martin said the investment is intended to move new technologies from concept to tested hardware in months rather than years.
Northrop Grumman is advancing a self-funded autonomous aircraft initiative built around its YFQ-48A Talon Blue and Talon IQ testbed ecosystem.
Chief Executive Officer Armin Papperger said the increase was necessary to sustain the pace of production.
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