Rheinmetall CEO says German ATACMS production could start in late 2027, freeing Lockheed Martin capacity for new PrSM line
Rheinmetall expects to build the required production line next year and begin manufacturing ATACMS Lot 8 in late 2027.
BAE Systems says Bofors artillery and ammunition output has risen three- to fourfold amid sustained European defence demand
BAE Systems has increased production rates at its Bofors business by three to four times across several product areas.
Lockheed Martin plans to invest up to $9 billion at more than 20 facilities across the United States to expand production of key missile systems
Lockheed Martin received a seven-year undefinitized contract action modification in July for up to $53.86 billion in PAC-3 MSE interceptors.
Kratos targets 18 Valkyrie aircraft in 2027, expanding production for U.S. Marine Corps, Taiwan and overseas customers
The Marine Corps remains a central part of Kratos’ Valkyrie outlook.
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.
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.
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.
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.
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.
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.
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.
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.