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Defence Industry Europe
Anduril raises $5 billion in Series H funding round, reaching $61 billion valuation

Anduril raises $5 billion in Series H funding round, reaching $61 billion valuation

Anduril Industries has announced a $5 billion Series H funding round that values the company at $61 billion. The financing was led by Thrive Capital and Andreessen Horowitz.

May 14, 2026
Israel awards Elbit Systems contract to expand operational range of F-35I Adir fighter aircraft fleet

Israel awards Elbit Systems contract to expand operational range of F-35I Adir fighter aircraft fleet

The Ministry of Defense of Israel has signed a contract valued at more than $34 million with Elbit Systems to expand the operational capabilities of the Israeli Air Force’s Lockheed Martin F-35I Adir fighter fleet.

May 14, 2026
Romania’s Infantry Fighting Vehicle programme faces growing questions. Are government claims consistent with reality?

Romania’s Infantry Fighting Vehicle programme faces growing questions. Are government claims consistent with reality?

The IFV programme—accounting for roughly one-third of Romania’s €8.33 billion SAFE package—is under scrutiny over pricing, localisation, and procurement process.

May 14, 2026
Davie Defense secures $3.5 billion U.S. Coast Guard Arctic Security Cutter contract with construction in Finland and Texas

Davie Defense secures $3.5 billion U.S. Coast Guard Arctic Security Cutter contract with construction in Finland and Texas

Davie Defense has finalized a $3.5 billion contract with the United States Coast Guard for the construction and delivery of five Arctic Security Cutters, a new class of Arctic icebreaker.

May 13, 2026
Ukraine and Germany expand defence partnership through air defence, drone production and technology cooperation

Ukraine and Germany expand defence partnership through air defence, drone production and technology cooperation

The Ministry of Defence of Ukraine said Ukraine and Germany are strengthening a long-term defence partnership focused on air defence, unmanned systems, missile production and defence innovation.

May 13, 2026
Leidos to produce 3,000 low-cost containerized cruise missiles under U.S. Department of War agreement

Leidos to produce 3,000 low-cost containerized cruise missiles under U.S. Department of War agreement

Leidos has signed a framework agreement with the United States Department of War to produce an initial 3,000 Low-Cost Containerized Munitions for the U.S. military.

May 13, 2026
Rafael unveils Storm Shield electronic warfare protection dystem for unmanned aerial platforms

Rafael unveils Storm Shield electronic warfare protection dystem for unmanned aerial platforms

Rafael Advanced Defense Systems has introduced Storm Shield, a miniature electronic warfare self-protection and deception system designed specifically for unmanned aerial platforms.

May 13, 2026
EDGE and Baykar sign agreements to integrate AL TARIQ guided munitions on AKINCI combat drone

EDGE and Baykar sign agreements to integrate AL TARIQ guided munitions on AKINCI combat drone

EDGE Group and Baykar have signed two agreements at SAHA 2026 aimed at expanding cooperation on unmanned aerial systems and precision-guided weapons.

May 13, 2026
Dassault Aviation and OHB partner on VORTEX-S spaceplane proposal for European Space Agency

Dassault Aviation and OHB partner on VORTEX-S spaceplane proposal for European Space Agency

Dassault Aviation and OHB announced a partnership to propose the VORTEX-S multipurpose spaceplane to the European Space Agency.

May 12, 2026
Northrop Grumman expands Florida aerospace and defense manufacturing across aviation, space and microelectronics

Northrop Grumman expands Florida aerospace and defense manufacturing across aviation, space and microelectronics

Northrop Grumman highlighted the scale of its aerospace and defense manufacturing operations across Florida, where the company operates 17 sites and 1.3 million square feet of manufacturing space.

May 12, 2026
RENK America advances autonomous capability for U.S. Army AMPV through BAE Systems and Forterra partnership

RENK America advances autonomous capability for U.S. Army AMPV through BAE Systems and Forterra partnership

RENK America announced its participation in a programme to advance autonomous capability for the United States Army’s Armored Multi-Purpose Vehicle through cooperation with BAE Systems and Forterra.

May 12, 2026
GE Aerospace completes XA102 assembly readiness review for U.S. Air Force NGAP engine program

GE Aerospace completes XA102 assembly readiness review for U.S. Air Force NGAP engine program

GE Aerospace has completed the Assembly Readiness Review for its XA102 adaptive cycle engine, marking a key milestone in the U.S. Air Force’s Next Generation Adaptive Propulsion programme.

May 12, 2026
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