French defence group Safran entered into exclusive negotiations with Exail Technologies over a possible acquisition of the sea drone maker at €128.5 ($146.71) per share, the companies said on Friday. The deal would see Safran […]
Poland has concluded approximately 40 defense contracts worth over 120 billion zloty (over $33 billion USD) to heavily rearm its military. The country became the first European Union nation to tap into the EU’s low-interest […]
Turkey, once heavily reliant on foreign arms makers, now supplies nearly 40 countries, mainly in the Gulf, Africa, Asia, and parts of Europe, with weapons. Two decades of state investment have transformed Turkey into a […]
The multi-domain package includes autonomous unmanned vehicles, ground-based electronic warfare solutions, precision-guided artillery, and advanced reconnaissance systems. Elbit Systems Ltd. announced on Tuesday that it secured an approximately $1.4 billion defense contract from an unnamed […]
Swedish defence giant Saab has signed a strategic collaboration agreement with Polish state defence group PGZ to cooperate on naval production, servicing, and technology. The firms say that PGZ will be integrated into Saab’s supply […]
Defence ministers for Germany, Austria, Switzerland and Luxembourg pledged on Monday to strengthen their cooperation when it comes to space assets. “Space capabilities are playing an ever-greater, ever-more vital and increasingly indispensable role in every […]
Australia has formally selected Northrop Grumman to assist in establishing sovereign solid rocket motor (SRM) production capabilities. Northrop Grumman is a leading provider of solid rocket motors (SRMs), delivering over one million units for defense […]
German defence group Rheinmetall (RHMG.DE), has entered the race to buy shipyard German Naval Yards Kiel with a non-binding bid, a move that would deepen its push into naval defence and pits it against rival […]
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Turkiye’s military spending increased by 7.2% in 2025, according to a report by a conflict think tank on Monday that also showed global expenditure hit a new all-time high, driven by wars and geopolitical tensions. […]
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