Company news
Hanwha wins Australian government approval to increase its stake in Austal
12th December 2025
The contract would mean the two shipbuilders can collaborate strategically and enhance shipbuilding capabilities in Western Australia.
12th December 2025
The contract would mean the two shipbuilders can collaborate strategically and enhance shipbuilding capabilities in Western Australia.
11th December 2025
Ireland’s multi-annual investment in capital defence spending is set to rise from €300m in 2026 to €360m in 2029–2030 with major upgrades across land, air, maritime and cyber domains.
At DSEI 2025, James Gray, Managing Director and CEO of Raytheon UK (part of RTX), outlines the company’s century-long presence in the UK and its evolving role across defence, aerospace, cyber, and tra...
At SOF Week 2025 in Tampa, Florida, Stu Bradin, President and CEO of the Global SOF Foundation (GSOF), underscored the increasing operational demands placed on special operations forces (SOF) as globa...
14th August 2025
In its Q2 earnings call, the company said it has internal targets set for similar double-digit growth for 2026, as it welcomed a 21% boost in 2025 profits so far compared to 2024.
14th August 2025
More than 40,000 military personnel from 19 participating nations took part in the 11th iteration of the biennial Exercise Talisman Sabre multi-domain event which was held across Australia and in Papua New Guinea.
14th August 2025
The autonomous software company’s new UK subsidiary is the latest in a line of businesses poised to expand and offer its services to the UK Ministry of Defence and industry, as the country invests more in AI and autonomous technology to del...
12th August 2025
The US firm has signed agreements with HD Hyundai Heavy Industries (HII) and Korean Air to develop defence products for the South Korean market as well as license existing Anduril products for use and export to the region.
12th August 2025
AFRICOM is seeking IT systems and supply chain management solutions to enhance interoperability and standardise logistical processes in its area of responsibility.
11th August 2025
The project, which involves several allied nations including Finland, Norway and Poland, is envisioned to involve different layers of systems and capabilities that can work to deter any possible Russian drone attacks.
8th August 2025
Germany’s Rheinmetall released its 1H 2025 results on 7 August, continuing the strong growth of recent years. A particular highlight of the result’s presentation was the Skyranger air defence system for which the company is predicting sales...
5th August 2025
While Embraer’s Q2 results were not affected by US tariffs and it managed to avoid US President Donald J Trump's additional 40% tariff rate on Brazil, the 10% tariff rate still remains.
4th August 2025
Raytheon has been awarded a contract by the US Pentagon for Advanced Medium-Range Air-to-Air Missiles (AMRAAM) and Lockheed Martin for Joint Air-to-Surface Standoff Missile (JASSM) and Long-Range Anti-Ship Missiles (LRASM) munitions as glob...
1st August 2025
Vehicle and technology companies are reporting substantial growth compared to the first half of 2024. Italy’s Fincantieri saw revenues jump 24% for the first half of the year compared to 2024 and Thales up 6.8% for the same period. General ...
31st July 2025
The first delivery comes less than two years after the first joint order was placed. MBDA has committed to halving Aster production lead-time by 2026.
24th July 2025
The facility, based in Italy, is the first of its kind outside the US and will be used to support the G550 aircraft modifications alongside other air, surface and maritime platforms.
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