The Finnish Ministry of Defence has unveiled its planned military expenditure for 2025, amounting to EUR 6.5 billion. This represents an increase of EUR 536 million) compared to the 2024 defence budget.
Swedish cybersecurity company Clavister has been appointed as an approved supplier to a leading Nordic defence organisation.
Swedish technology company Combitech, a subsidiary of Saab, has entered into a significant agreement with Patria, a leading Finnish defence and security company.
The U.S. Army has announced plans to award a sole-source contract to BAE Systems for the development of a prototype Multi-Domain Artillery Cannon (MDAC).
![Russia seeks victory in growing military spending [BRIEF]](https://defence-industry.eu/wp-content/uploads/2026/03/Russia-increases-artillery-ammunition-production-Ukrainian-sources-say-300x168.jpg)
An increase in Russia’s defence spending is expected to bolster its military advantage over Ukraine in the short term, resulting in expanded territorial gains and a better negotiating position.
General Dynamics Information Technology (GDIT), a division of General Dynamics, has been awarded a USD 5.6 billion contract by the Air Force Mission Partner Capabilities Office.
XTEND has been awarded an USD 8.8 million contract by the U.S. Department of Defense’s Irregular Warfare Technical Support Directorate (IWTSD).
Ukrainian military experts have presented compelling evidence to their American counterparts, demonstrating the use of Western electronic components in Russian weapons.
Northrop Grumman has announced the successful completion of static fire tests for its new 21-inch second-stage solid rocket motor (SRM).
The United States Department of Defense has announced a new contract with RTX Corporation for the production and delivery of RGM-109 Tomahawk Block V cruise missiles.
Scandinavian electronics manufacturer Kitron has announced plans to expand its factory in Jönköping, Sweden, by adding approximately 6,000 square metres of production space.
Leonardo, a leading Italian defence and aerospace company, has signed a strategic agreement with Arbit Cyber Defence Systems, a Danish specialist in data security solutions.
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