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BAE Systems sees multibillion-dollar U.S. opportunity in munitions, space and Golden Dome, plans 40% capital spending increase

BAE Systems sees multibillion-dollar U.S. opportunity in munitions, space and Golden Dome, plans 40% capital spending increase

BAE Systems expects its U.S. operations to benefit from rising demand for munitions, counter-drone weapons and military space systems.

August 6, 2026
Rheinmetall operating result jumps 74% on European defence demand, while F126 cancellation cuts 2026 sales outlook by €300 million

Rheinmetall operating result jumps 74% on European defence demand, while F126 cancellation cuts 2026 sales outlook by €300 million

Rheinmetall Backlog reached €80.5 billion at the end of June, compared with €56 billion a year earlier.

August 6, 2026
L3Harris completes first two-ship F-16C and F-16D flight tests of Viper Shield electronic warfare system at Edwards Air Force Base

L3Harris completes first two-ship F-16C and F-16D flight tests of Viper Shield electronic warfare system at Edwards Air Force Base

The campaign marked the first time F-16C and F-16D aircraft flew together with Viper Shield hardware.

August 5, 2026
Northrop Grumman and Boeing link MQ-4C Triton and P-8A Poseidon in first automated maritime mission-control demonstration

Northrop Grumman and Boeing link MQ-4C Triton and P-8A Poseidon in first automated maritime mission-control demonstration

The MQ-4C Triton supports intelligence, surveillance, reconnaissance and targeting missions.

August 5, 2026
Saab reports strong progress on Sweden’s A26 submarine programme while Polish order drives Baltic shipyard expansion and industrial cooperation

Saab reports strong progress on Sweden’s A26 submarine programme while Polish order drives Baltic shipyard expansion and industrial cooperation

The Polish and Swedish programmes are pushing Saab to increase submarine production capacity at its Karlskrona shipyard.

August 5, 2026
ASELSAN backlog jumps 45% to $23.2 billion after record contract wins and accelerated R&D investment drive first-half growth

ASELSAN backlog jumps 45% to $23.2 billion after record contract wins and accelerated R&D investment drive first-half growth

New contracts increased 72% to $4.9 billion, lifting the company’s backlog by 45% to $23.2 billion.

August 5, 2026
American Rheinmetall pitches Lynx XM30 as purpose-built Bradley replacement in U.S. Army contest against General Dynamics

American Rheinmetall pitches Lynx XM30 as purpose-built Bradley replacement in U.S. Army contest against General Dynamics

American Rheinmetall leads a team that includes Textron Systems, Raytheon, L3Harris Technologies, Allison Transmission and Anduril.

August 5, 2026
Lockheed Martin completes second stage motor case burst test for Next Generation Interceptor ahead of critical design review

Lockheed Martin completes second stage motor case burst test for Next Generation Interceptor ahead of critical design review

Lockheed Martin has completed a burst test of the Next Generation Interceptor’s second-stage motor case.

August 4, 2026
U.S. Navy reclassifies 19 Virginia Payload Module-equipped submarines as SSGNs, expanding long-range undersea strike capacity

U.S. Navy reclassifies 19 Virginia Payload Module-equipped submarines as SSGNs, expanding long-range undersea strike capacity

The decision formally separates their expanded strike role from that of standard Virginia-class fast-attack submarines.

August 4, 2026
RTX pushes longer-range StormBreaker toward flight testing after advancing the air-launched weapon from concept in under 12 months

RTX pushes longer-range StormBreaker toward flight testing after advancing the air-launched weapon from concept in under 12 months

The new variant combines Raytheon’s weapons technology with a modified TJ-150 engine supplied by Pratt & Whitney.

August 3, 2026
Northrop Grumman enters $3 billion agreements to accelerate PAC-3 MSE and THAAD interceptor production for U.S. and allied forces

Northrop Grumman enters $3 billion agreements to accelerate PAC-3 MSE and THAAD interceptor production for U.S. and allied forces

The deals will expand PAC-3 MSE solid rocket motor production and increase THAAD component output for U.S. and allied forces.

August 3, 2026
RTX adds $100 million to accelerate LTAMDS radar testing as U.S. budget support and overseas air defense demand strengthen

RTX adds $100 million to accelerate LTAMDS radar testing as U.S. budget support and overseas air defense demand strengthen

The funding will also support increased production of JMT components as Raytheon expands capacity for long-term defense demand.

August 3, 2026
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