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Savox Communications to boost development projects with loan financing from Nordic Investment Bank

Savox Communications to boost development projects with loan financing from Nordic Investment Bank

The Nordic Investment Bank (NIB) has announced a significant investment in Finnish technology company Savox Communications Oy.

May 7, 2025
IAI signs MoU with Greek partner to equip Hellenic Navy with BlueWhale autonomous submarine

IAI signs MoU with Greek partner to equip Hellenic Navy with BlueWhale autonomous submarine

Israel Aerospace Industries (IAI) and Hellenic Aerospace Industry (HAI) signed a Memorandum of Understanding (MoU) to offer IAI’s BlueWhale autonomous submarine system to the Hellenic Navy.

May 7, 2025
HENSOLDT reports strong start to 2025 with record order intake and revenue growth

HENSOLDT reports strong start to 2025 with record order intake and revenue growth

The German defence technology company HENSOLDT has announced a strong performance for the first quarter of 2025, reporting significant growth in order intake and revenue.

May 7, 2025
Saab secures major order from Sweden for lightweight torpedoes and tubes

Saab secures major order from Sweden for lightweight torpedoes and tubes

Swedish defence company Saab has announced that it has secured an order from the Swedish Defence Materiel Administration (FMV) for the delivery of its Saab Lightweight Torpedoes (SLWT).

May 7, 2025
GA-ATS advances in-house production of first Do228 NXT with key technical upgrades

GA-ATS advances in-house production of first Do228 NXT with key technical upgrades

General Atomics AeroTec Systems (GA-ATS), the German aircraft manufacturer, is proceeding as planned with the production of the new Do228 NXT aircraft.

May 6, 2025
Raytheon conducts successful first flight test of PhantomStrike radar

Raytheon conducts successful first flight test of PhantomStrike radar

Raytheon, part of the RTX group, has completed the maiden flight test of its PhantomStrike radar on the Multi-Program Testbed aircraft in Ontario, California.

May 6, 2025
BlackSky completes commissioning of first Gen-3 satellite ahead of schedule

BlackSky completes commissioning of first Gen-3 satellite ahead of schedule

BlackSky Technology Inc. has announced the successful and early completion of commissioning for its first Gen-3 satellite.

May 6, 2025
Leidos team successfully completes reusable hypersonic test launches for MACH-TB programme

Leidos team successfully completes reusable hypersonic test launches for MACH-TB programme

The test campaign, conducted by the Leidos team, demonstrated the use of innovative hypersonic solutions that can be recovered and reused.

May 6, 2025
Lithuania signs EUR 400 million defence financing deal with Nordic Investment Bank

Lithuania signs EUR 400 million defence financing deal with Nordic Investment Bank

The Nordic Investment Bank (NIB) and the Republic of Lithuania have signed a €400 million uncommitted credit facility to finance national defence system investments between 2025 and 2027.

May 6, 2025
General André Denk appointed as new Chief Executive of the European Defence Agency

General André Denk appointed as new Chief Executive of the European Defence Agency

EU Member States have appointed General André Denk as the new Chief Executive of the European Defence Agency (EDA), following the recommendation of Kaja Kallas, Head of the Agency.

May 6, 2025
Quantum Systems secures EUR 160 million to advance AI-driven aerial intelligence

Quantum Systems secures EUR 160 million to advance AI-driven aerial intelligence

German drone manufacturer Quantum Systems has raised €160 million in fresh funding as it seeks to expand globally and cement its position as a leader in AI-powered aerial intelligence.

May 6, 2025
U.S. Space Force awards Northrop Grumman contract for critical OPIR ground infrastructure

U.S. Space Force awards Northrop Grumman contract for critical OPIR ground infrastructure

Northrop Grumman has been selected to develop additional relay ground stations in the United States and United Kingdom as part of the U.S. Space Force’s Next-Generation Overhead Persistent Infrared (Next-Gen OPIR) programme.

May 5, 2025
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