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Air Warfare
May drone digest: American loitering munition spending continues to drive market growth
29th May 2026
Loitering munition procurement has accelerated throughout May 2026 as militaries continue to prioritise the capability. The US has led this activity by advancing swarm-drone concepts, downselecting more drones for the Army’s LASSO programme, and awarding procurement contracts for various systems.
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Air Warfare
Eurosatory 2026: MBDA and Thales look to civilian industry for loitering munition scale-up
19th June 2026
Thales and MBDA have taken steps to ensure the mass production of their respective loitering munition offerings at Eurosatoy, teaming with civilian manufacturers. These moves come amid France’s push towards sovereign drone production and continued market expansion.
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Air Warfare
Eurosatory 2026: Locally produced loitering munition destined for UAE Navy, says MBDA
19th June 2026
The contract signed between MBDA and Fly-R will see diamond-shaped loitering munitions developed and prepared in the UAE. How does this move fit into wider market trends in the region?
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Air Warfare
Eurosatory 2026: How the deep-strike, loitering munition market skyrocketed to $13.8 billion in three years
18th June 2026
Ukraine’s rapid development of long-range, deep-strike loitering munitions has helped turn the sector into a market worth an estimated US$13.2 billion. The reasons behind this were outlined during Eurosatory 2026, as other countries embark on the early stages of procuring this capability.
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Air Warfare
Bundeswehr launches loitering munition spending spree with $2.16 billion unassigned
24th April 2026
After months of delays, Rheinmetall has inked a €300 million deal with Germany for its FV-014 drone this week as part of a wider framework contract worth €2.4 billion for loitering munition procurement. Shephard looks at how the as-yet-unawarded funds could be spent.
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Land Warfare
Eurosatory 2026 roundup: uncrewed, counter-uncrewed and new vehicles define direction
26th June 2026
Uncrewed and counter-uncrewed systems were a major feature of this edition of Eurosatory 2026 along with programme updates and first sight of new main battle tanks.
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Land Warfare
World Defense Show 2026: Russia reveals details of new loitering munition
11th February 2026
The Kalashnikov RUS-PE cannister-launched man-portable loitering munition was displayed as a model at World Defense Show 2026 with a company official telling Shephard it was “in service and in low-rate initial production”.
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Air Warfare
March drone digest: Long-range, low-cost loitering munitions are changing warfare economics
1st April 2026
The effective use of the Shahed-136 in the Iran war has highlighted the need for countries to acquire a domestically produced, low-cost, long-range loitering munition, with the US, Turkey and European nations all at various stages of developing a similar capability.
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Air Warfare
Brazil air focus: Army set to dominate country’s $631.67 million UAV market from 2028
11th May 2026
The Brazilian Army is forecast to spend $279.15 million on UAVs from 2026, exceeding the Brazilian Navy’s $227.51 million forecast spend, although the naval force was an earlier adopter of the capability.
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Air Warfare
Edge and Indra to form manufacturing entity to meet European loitering munition demand
15th January 2026
Once approved by shareholders, the newly established manufacturing company will be developed in Spain and will look to address the burgeoning demand for loitering munitions from Spain and the rest of Europe.
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Air Warfare
Singapore Airshow 2026: ST Engineering’s EagleStrike aims for 2027 early-stage production
3rd February 2026
The new loitering munition from ST Engineering, unveiled at the Singapore Airshow for the first time, is intended for use against high-value targets such as lightly armoured vehicles.
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Air Warfare
Eurosatory 2026: Helicopters and CUAS set to dominate as Europe advances rearmament efforts
4th June 2026
The biennial show in Paris will focus heavily on autonomous technology, counter-drone solutions and helicopters, as countries ramp up defence budgets and focus on modernising defence capabilities.
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Air Warfare
France earmarks further $11.6 billion for missiles and drones amid rearmament push
9th April 2026
The revised funding allocation will see up to 23% of the additional budget put towards stockpiles of munitions, with the country’s GDP spending expected to reach 2.5% by 2030.
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Land Warfare
SpearUAV to deliver 1,000 loitering munitions to extend armoured vehicle capability
4th May 2026
The company's Multi Canister Launcher can deploy its Viper system from multiple military platforms, boosting operational flexibility.
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Air Warfare
Anduril awarded latest OPF-L contract with around $155.2 million still up for grabs
20th January 2026
As the US Marine Corps continues to push loitering munitions as a core battlefield tool, Shephard looks at how the latest contract award factors into future potential purchases.
Programme Results - Defence Insight
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Loitering munitions
Loitering Munition 1 [Taiwan]
Programme Background 2023 At Taichung in March 2023, NCSIST unveiled the loitering munition. The munition showed the country's focus on asymmetric capabilities to defend itself ...
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Loitering munitions
Medium-Range Loitering Munition with LEO Satellite Data Link [South Korea]
Background New Project In April 2025, the Defense Acquisition Program Administration (DAPA) and the Agency for Defense Development (ADD) announced a new project titled “Development of Medium-Range ...
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Loitering munitions
Loitering Aerial Munitions (LAM) [India]
Programme Background Kadet Defence Systems announced in May 2024 that 50 of its Loitering Aerial Munitions (LAM) drones would be delivered to the Indian Armed ...
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Loitering munitions
Hero-30 [Italy]
Programme Background Italian Budget As revealed by the Italian MoD's Multi-Year Defence Programme Document for 2021-2023, a new procurement programme to acquire a loitering munition ...
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Loitering munitions
Loitering Munitions (Special Mission Brigade) [South Korea]
Programme Background Drone Ambition As reported by Shephard, South Korea has ambitions to possess a large arsenal of drones. In May 2024, the presidential office ...
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Loitering munitions
Loitering Munitions [Thailand]
Programme Background Roadmap In February 2024, the RTAF unveiled its White Paper 2024. Incorporating lessons from the Russo-Ukrainian War, the Israel-Hamas War, and other events such ...
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Loitering munitions
Loitering Munitions [Sweden]
Background Uncrewed Acquisition Package The Swedish Ministry of Defence announced a SEK 4 billion ($450 million) acquisition package for various types of uncrewed systems in Janurary 2026, with ...
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Loitering munitions
Loitering munitions [Brazilian Navy]
Background Growth Acceleration Plan (PAC) As reported by Shephard, in August 2023, the Brazilian government announced plans to invest BRL 52.8 billion ($10.6 billion) in new ...
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Loitering munitions
Loitering Munitions (Framework Contract) [Germany]
Background Framework contract value Hartpunkt, reporting in March 2026, noted that the German Army has a framework contract worth €2.4 billion ($2.83 billion) for the procurement of loitering ...
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Loitering munitions
N-Raven / IRIX [Greece]
Programme Background Unveiled during the Defence Exhibition Athens (DEFEA 2023) exhibition, IRIX is a Greek version of the N-Raven loitering munition developed by Paramount in ...
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Loitering munitions
Loitering Munition (Royal Navy) [UK]
Background Persistent Operational Deployment Systems (PODS) As the Royal Navy stated in 2022, Persistent Operational Deployment Systems (PODS) are “interchangeable modules that can be fitted to ...
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Loitering munitions
Loitering munitions [Portugal]
Background Drone testing In 2025, at the Santa Margarida Military Camp, various flight tests were conducted within the scope of the STRONG IMPACT 25 Artillery Exercise ...
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Loitering munitions
Testing Loitering Munitions [Germany]
Background Three Tested Models In April 2023, Germany reportedly ordered three different loitering munition systems to assess further their suitability for use by the German Armed ...
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Loitering munitions
Mission Talon Strike [Australia]
Background Request for Tender (RFT) On 19 May 2025, the Advanced Strategic Capabilities Accelerator (ASCA), an agency aimed at streamlining defence invocation for the Australian Defence ...
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Loitering munitions
Mini-Harpy [Israeli Navy]
Programme Background MADEX 2023 At MADEX 2023, IAI displayed the Mini-Harpy, dubbed the Green Dragon, loitering munition in a 12-system launcher mounted to an Israel Navy Sa'ar 6 ...
