BAE Systems has secured a £135 million contract to maintain and repair Royal Navy torpedoes through June 2029, sustaining 315 skilled jobs across the UK.
Cambridge Aerospace has raised $300 million in a Series C funding round at a $3.4 billion valuation, giving the British air defence company fresh capital to expand manufacturing and deliver existing contracts.
Eutelsat will invest €3.39 billion in Europe’s IRIS² programme as it takes the lead role in developing and operating the project’s low-Earth-orbit constellation.
BlackSky Technology said international revenue from space-based intelligence and artificial intelligence subscriptions rose 150% in the second quarter of 2026.
A U.S. Air Force F-22 Raptor conducted integrated operations with two B-2 Spirit stealth bombers over Hawaii in July, the latest exercise in a rotating Bomber Task Force deployment designed to keep American air power ready across the Pacific.
Safran more than tripled deliveries of M88 fighter engines in the first half of 2026 as Rafale production accelerated.
Kratos Defense & Security Solutions is preparing to move its small cruise-missile engine business into mass production, with at least 3,000 Spartan turbojets planned for customers in 2027 and another 5,000 targeted for 2028.
BAE Systems sees scope to expand its defence business in Japan and Canada, two markets that remain relatively small for the group but are moving towards higher military spending.
West Virginia Army National Guard crews put M109A6 Paladin self-propelled howitzers through repeated fire-and-displace missions during Northern Strike 26-2 in Michigan.
Rolls-Royce expects to benefit from defence commitments made at the recent NATO summit, with Chief Executive Tufan Erginbilgic specifically pointing to the MQ-4C Triton, GlobalEye and Saab.
The Indian Air Force deployed its Rafale fighters to Australia for the first time during Exercise Pitch Black.
The Trump administration announced more than $2 billion in critical-mineral and mining-related investments aimed at strengthening U.S. industrial supply chains, with several of the largest projects tied directly to defense production.
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