Swedish defence and aerospace group Saab reported a bigger-than-expected rise in operating earnings for the second quarter on Friday as booming demand in its major markets drove a sharp rise in sales and order bookings. […]
The Albanese Government has released the 2026 Defence Industry Development Strategy to strengthen Australia’s sovereign defence industrial base and boost self-reliance. The strategy builds on record defence spending outlined in the 2026 National Defence Strategy […]
Türkiye’s defense and aerospace exports exceeded $11 billion (TL 514.86 billion) on a rolling 12-month basis for the first time ever, a top official said on Friday. Haluk Görgün, head of the Presidency of Defense […]
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 […]
Copyright © Global Defense Corp. All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher, except in the case of brief quotations embodied in critical reviews and certain other non-commercial uses permitted by copyright law.