Topic
Defense Industry
60 stories related to this topic, newest first.
newser.compolitics9 hrs ago
Trump Sons' Investments Linked to Firms That Received $3.2 Billion in U.S. Contracts Since 2024 Election
Ventures backed by Donald Trump Jr. and Eric Trump have secured at least $3.2 billion in direct U.S. government business since the 2024 election. SpaceX and Anduril accounted for 97 percent of the total. The brothers invested in several defense-sector firms after the election.
focustaiwan.twworld4 days ago
Rafael Advanced Defense Systems Discusses Iron Dome Production Line in India
The Israeli defense firm is in talks with Indian companies to establish a local production line for Iron Dome interceptors. The system is currently manufactured in northern Israel and at a U.S. facility operated with Raytheon.
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Yonhapworld5 days ago
U.S. Navy seeks information from South Korean shipbuilders on destroyer and replenishment ship capacity
Major South Korean shipbuilders have received formal requests for information from the U.S. Navy on their ability to design and build destroyers and medium-sized fleet replenishment ships. The requests follow a bilateral agreement allocating $150 billion for shipbuilding cooperat…
Le Mondeworld6 days ago
Ukraine Seeks Expanded Defense Industry Ties With European Partners
Ukrainian officials continue to pursue deeper cooperation with European defense manufacturers. Several joint projects have been disclosed in recent weeks. European governments remain divided over the extent of such cooperation.
newatlas.comworld7 days ago
Fincantieri Agrees to Buy Majority Stakes in Four Underwater Technology Firms
Fincantieri has agreed to acquire majority ownership in four companies that develop underwater technology. The transaction expands the Italian shipbuilder's presence in the sector.
world9 days ago
Defense Contractor Plans 2,000 Additional Hires by End of 2026
A defense contractor will add 2,000 employees worldwide by December 2026. The move completes a previously announced 4,000-person hiring target for the year.
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Washington Examinerpolitics12 days agoUpdated
NATO Chief Says European Arms Purchases Boost U.S. Defense Jobs and Production
NATO Secretary General Mark Rutte told the Financial Times that European arms purchases sustain 195,000 American jobs and that U.S. factories remain essential for high-end weapons. He said NATO allies are increasing spending but face production limits after the U.S.-Israeli confl…
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Substrate placeholder — needs reviewworld20 days ago
South Korean Defense Firm Opens Photo Exhibition on Korean War Veterans
LIG Defense & Aerospace opened a photo exhibition Friday at the War Memorial of Korea in Seoul. The show runs through July 12 and features images of Korean War veterans taken in several countries.
Le Mondeworld24 days ago
French Authorities Charge Belarus-Born Man With Spying on Drone Maker
A 48-year-old man was arrested June 3 while filming a prototype at a factory supplying French and Ukrainian forces. He faces up to 15 years in prison on espionage charges.
jns.orgworld24 days ago
Ukrainian defense manufacturers attend Paris arms exhibition
Ukrainian arms makers displayed weapons at the Eurosatory defense exhibition in Villepinte, north of Paris. The companies promoted battle-tested systems while facing European regulatory hurdles. One manufacturer presented plans for a ballistic missile defense system.
Substrate placeholder — needs reviewfinance27 days ago
Hanwha Aerospace to buy additional KAI shares for 500 billion won
Hanwha Aerospace announced plans to acquire 3.38 million shares in Korea Aerospace Industries by year-end. The purchase will raise its stake to 10 percent and is valued at 500 billion won.
gellerreport.comworld28 days ago
France enforces export rules requiring defensive systems at Eurosatory defense show
Organizers at the Eurosatory exhibition in Paris closed or limited several Israeli defense company booths on June 15, 2026, citing French government restrictions on offensive systems. The Israeli Ministry of Defense called the measures discriminatory.
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Substrate placeholder — needs reviewworld30 days ago
Hanwha Aerospace forms safety committee after Daejeon factory fire
Hanwha Aerospace said it created an 11-member independent committee to review safety practices after a factory fire killed five workers. The company also reported a sharp rise in safety spending and outlined further investment plans.
Responsible Statecraftpolitics31 days ago
Democratic lawmakers introduce bill to review private equity defense investments
Legislation would require the Department of Defense to examine private equity acquisitions of defense contractors and assess financial stability before and after such deals.
Defense Newsworld31 days ago
Eurosatory defense show attracts 30% more exhibitors
The 2026 Eurosatory exhibition near Paris opened with more than 2,600 exhibitors, a 30% increase from prior years. Organizers said the event offers European governments a final opportunity to acquire ready-to-deliver weapons before potential conflict with Russia.
Defense Newsworld33 days ago
German Air Show Opens
Germany's ILA air show opened Wednesday in Berlin under the shadow of the Iran war and the collapse of a Franco-German fighter jet project. The event showcases European defense industry technology as manufacturers seek government contracts amid rising defense spending.
koreatimes.co.krworld38 days ago
First Funeral Held for Victim of Fatal Explosion at Hanwha Aerospace Factory in Daejeon
The initial service for one of five workers killed in the June 1 explosion took place Saturday morning. Company officials said workers were cleaning propellant residue when the blast occurred.
koreatimes.co.krworld40 days ago
Labor authorities raid Hanwha Aerospace over Daejeon factory explosion
Workplace safety officials searched the company's Seoul headquarters and Daejeon plant on Thursday. The raid is part of an investigation into a Monday explosion that killed five workers and injured two others.
nbcnews.comworld41 days ago
Defense News Marks 40 Years of Defense Coverage Since 1986
The publication has chronicled major U.S. military reforms, conflicts, and technological shifts from the Goldwater-Nichols Act through the return of great-power competition. Coverage spans four decades of command restructuring, wars, industrial consolidation, and emerging domains…
gellerreport.comworld41 days ago
France Bars Israel From Eurosatory 2026 Defense Exhibition
France has excluded Israel from the 2026 Eurosatory arms exhibition for the third time since 2024. The decision limits Israeli participation to air-defense systems and bars government delegations and offensive weapons displays.
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koreatimes.co.krworld42 days ago
Explosion at Hanwha Aerospace Plant in Daejeon Kills Five, Injures Two
Five workers died and two others were injured in a blast at the Hanwha Aerospace facility in Daejeon on June 1, 2026. Authorities have not yet identified the victims, and one of the injured remains in critical condition.
koreaherald.comworld42 days ago
Group Publishes Map Listing Western Defense Firm Sites
Global Intifada released a map identifying ports and factories of Western defense companies. The map includes locations and details and encourages both protest and sabotage.
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The War Zoneworld47 days ago
Ukraine Expands Ground Robot Production for Logistics and Combat Roles
Ukraine is scaling up domestic manufacturing of ground drones to meet rising demand for logistics, rescue, and combat missions. Multiple programs are underway to field new robotic systems on the front lines.
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Breaking Defenseworld48 days ago
Turkey Hosts Record Efes 2026 Exercise With Nine New Nations
The largest edition of Turkey's Efes military exercise concluded May 22 after six weeks of day and night drills. Nine countries participated for the first time, including Syria with a 20-person unit.
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Forbesfinance50 days ago
Military Tech Firms Seek Larger Role in U.S. Defense Contracts
Newer companies are competing with established contractors for Pentagon work. The shift involves different business models and technology applications.
finance52 days ago
Germany and KNDS Family Owners Negotiate Price for 40% Stake Ahead of IPO
Germany and the family owners of KNDS are negotiating the price of a 40% stake in the armaments company before its planned initial public offering. The discussions center on the valuation of the stake.
finance52 days ago
Ukraine Allows Private Companies to Form Air Defense Units
Ukraine has launched a program that permits private companies to participate in air defense operations against Russian drones. Twenty-seven companies have joined, and two units are already conducting combat missions in the Kharkiv and Odesa regions.
finance55 days ago
Ukrainian Arms Makers Cite Battlefield Use as Selling Point for Western Partners
Ukrainian defense companies report growing interest from Western firms and militaries seeking to learn from weapons tested in combat. Industry representatives say daily battlefield feedback allows faster adaptation than test flights or simulations.
New York Postworld56 days ago
Ukraine Unveils First Homegrown Guided Aerial Bomb for Combat Use
Ukraine announced its first domestically developed guided aerial bomb capable of striking targets dozens of kilometers inside Russia. The weapon carries a 250-kilogram warhead and costs roughly one-third as much as comparable U.S. systems.
middleeasteye.networld56 days ago
Ford Discusses Supplying Military-Adapted F-Series Trucks to Forces in Europe and North America
Ford is in discussions to provide military-adapted versions of its F-Series Super Duty pickup trucks to armed forces in Europe and North America. Talks are described as productive, though no contract has been signed.
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The War Zoneworld56 days ago
Ukraine Unveils First Homegrown Glide Bomb Ready for Combat
Ukraine has unveiled its first domestically developed glide bomb, which completed trials after 17 months and carries a 250-kilogram warhead. The weapon is designed to strike targets dozens of kilometers behind enemy lines and is now entering pilot training.
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benzinga.comworld56 days ago
Martin-Baker Maintains Position as Defense Manufacturer
Martin-Baker continues operations as a defense manufacturer. The company has been described in recent commentary as maintaining its standing in the sector.
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Forbesfinance57 days ago
U.S. Air Force Launches Game of Drones Program for Industry Testing
The U.S. Air Force is hosting recurring drone and counter-drone war games at Edwards Air Force Base in California. Private companies can test systems of various sizes with military experts during week-long exercises.
thehindubusinessline.comworld60 days ago
Israel Aerospace Industries to Merge Subsidiary Elta Systems
Israel Aerospace Industries announced its board of directors recommended merging its subsidiary Elta Systems into the parent company. Elta, based in Ashdod, develops the Green Pine radar system and various interception systems. The company is the country's largest defense contrac…
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finance61 days ago
Pentagon Announces Agreements With Defense Startups for Low-Cost Missile Production
The Department of Defense has signed agreements with four companies to develop and produce large numbers of low-cost cruise missiles under a new program. A fifth company will support low-cost hypersonic weapon efforts. The initiative seeks to expand the military industrial base b…
interestingengineering.comworld61 days ago
Sustainment Strategies Support Marine Corps Vehicle Readiness
The Marine Corps maintains readiness through sustainment of its existing vehicle fleet including the MTVR Medium Tactical Vehicle Replacement. Service-life upgrades and safety enhancements are part of the approach. Officials discussed these strategies at the Modern Day Marine eve…
Financial Timesfinance61 days ago
Czech Arms Company Offers to Buy Stake in Tank Maker KNDS
A Czech arms group has proposed acquiring a stake in the Franco-German tank manufacturer KNDS. The offer represents an effort to consolidate the European defence industry. Financial Times reported the proposal on Wednesday.
Defense Newspolitics62 days ago
Defense Industry Donates Nearly $5 Million to Congress This Year
A new report shows the defense sector contributed almost $5 million to members of Congress through political action committees and individual donations. The donations, which include contributions to both Republicans and Democrats on key defense committees, represent a small share…
Defense Newsworld62 days ago
Aselsan Displays New Unmanned Surface and Underwater Vehicles at Saha Expo 2026
Turkish defense firm Aselsan presented new autonomous naval strike systems and electronic warfare capabilities during the Saha Expo 2026 exhibition. CEO Ahmet Akyol said the unveiled systems could reach inventory by 2027 as the company targets raising exports to 40% of revenues b…
news.google.comfinance63 days ago
Russia and Ukraine Target Each Other's Drone Production Facilities
Both countries have increased strikes on facilities that manufacture and assemble drones as counter-drone systems have proven only partially effective. Ukraine has struck multiple Russian plants producing navigation systems, Shahed-type drones and reconnaissance aircraft since Ap…
ukdefencejournal.org.ukfinance64 days ago
German Tank Maker KNDS Shareholders Push Berlin for Stake Decision Before IPO
German family shareholders of KNDS are urging the German government to decide on taking a stake in the company ahead of a planned initial public offering. The Paris-backed group is seeking a valuation between €15 billion and €20 billion. The move comes as the company weighs its o…
Forbesfinance66 days ago
U.S. Navy Adjusts USS Enterprise (CVN-80) Delivery to March 2031 as Construction Passes 50% Completion
The future USS Enterprise (CVN-80) delivery has slipped eight months from July 2030, while the future USS Doris Miller (CVN-81) faces at least a two-year delay. Huntington Ingalls Industries reported progress on both carriers during its May 5, 2026 quarterly call even as the USS…
Breaking Defensefinance66 days ago
Rheinmetall Q1 Sales Rise 8 Percent as Naval Systems Division Launches
German defense firm Rheinmetall reported €1.9 billion in first-quarter 2026 sales, an 8 percent increase from a year earlier. The company disclosed initial results from its new naval systems unit following the acquisition of Naval Vessels Luerssen, with a €5.5 billion order backl…
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Defense Newsworld66 days ago
Pentagon Creates 'Deal Team Six' to Oversee Defense Contractor Negotiations
Secretary of Defense Pete Hegseth announced the creation of Deal Team Six, a unit of private-sector negotiators folded inside the Pentagon’s Economic Defense Unit. The team, which stood up in early April 2026, aims to end decades of contractor double-dipping, production delays an…
dnaindia.comworld66 days ago
Turkey Unveils Model of 6,000 km Range Yildirimhan ICBM
Turkey displayed a full-size model of a previously unknown intercontinental ballistic missile called Yildirimhan at the SAHA 2026 defense exhibition in Istanbul on May 5, 2026. The single-stage, liquid-fueled missile is designed for a range of 6,000 kilometers and a 3,000-kilogra…
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insidermonkey.comfinance67 days ago
Activist Investor Calls for Probe of Leonardo SpA Shareholder Meeting Vote
Wyser-Pratte Management Co. Inc. has demanded an independent investigation into the annual general meeting of Leonardo SpA held on May 7, 2026. The activist cited restrictions on shareholder participation, technical failures with remote access, and a narrow victory margin for the…
dnaindia.comworld67 days ago
Turkey Unveils First Domestically Developed Intercontinental Ballistic Missile
Turkey displayed the Yildirimhan intercontinental ballistic missile for the first time at the SAHA Expo 2026 in Istanbul. The missile has a reported range of 6,000 km and a payload capacity of up to 3,000 kg. The unveiling occurred as the country pursues greater defense industry…
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automotiveworld.comworld68 days ago
Renault to Produce Military Drones at Le Mans Plant by Late 2026
Renault is setting up a workshop at its Le Mans factory to assemble Chorus defense drones developed in partnership with Turgis Gaillard. The first prototypes are scheduled to leave the workshop this summer for testing in September. The company had not planned a return to defense…
koreatimes.co.krworld68 days ago
South Korean Industry Minister Meets Canadian Officials on Submarine Bid
Industry Minister Kim Jung-kwan met with Canadian government and industry officials this week to seek support for a South Korean consortium's bid in Canada's submarine project valued at 60 trillion won. The meetings also covered expanding industrial and resource cooperation betwe…
Breaking Defenseworld68 days ago
Northrop Grumman Asks FTC to Vacate 2018 Solid Rocket Motor Consent Order
Northrop Grumman on April 2 asked the Federal Trade Commission to drop restrictions imposed when it acquired Orbital ATK. Lockheed Martin is preparing to oppose the move publicly, arguing it would limit affordable access to solid rocket motors. The FTC decision could affect Penta…
world68 days ago
Leonardo Appoints Lorenzo Mariani as CEO After Government Ends Cingolani’s Mandate
Roberto Cingolani, who led the Italian defense firm since 2023, held a farewell press briefing after the government decided against a second three-year mandate. Lorenzo Mariani, previously co-general manager at Leonardo and head of MBDA’s Italian operation, takes over. Cingolani…
yahoo.comfinance68 days ago
Rheinmetall Offers €12bn for Germany’s Frigate Manufacturing Project
Rheinmetall’s naval unit has submitted a €12 billion bid to take over manufacturing of six frigates for the German navy. The offer targets a project that has faced repeated delays and cost overruns. The proposal would shift production responsibilities from the current contractor…
upi.comfinance68 days ago
Ukraine Strikes Russian Military Complex in Cheboksary with FP-5 Flamingo Missiles, Footage Shows Explosions
Ukrainian President Volodymyr Zelenskyy published videos showing FP-5 Flamingo missiles launching and hitting a target 930 miles inside Russia. The strike targeted a military-industrial complex in Cheboksary, causing explosions and fires. Russian reports confirmed casualties and…
news.google.comworld69 days ago
Four Activists Convicted of Criminal Damage After Breaking into Elbit Systems Factory in 2024
A London court convicted four activists from Palestine Action of criminal damage following a raid that caused £1 million in damage at a UK defense firm site. Two others were acquitted, while one activist was also found guilty of inflicting grievous bodily harm. The incident preda…
Defense Newsworld69 days ago
Ukraine May Lift Arms Export Ban in 2026 Amid Interest From Foreign Militaries
Ukrainian officials are working to lift the country's ban on exporting weapons, with potential first contracts expected in the remaining months of 2026. Interest focuses on unmanned systems, anti-drone solutions, and other technologies tested in combat. Gulf countries facing regi…
japantimes.co.jptechnology75 days ago
Pentagon Budget Exceeds $1 Trillion with Proposed Increases
The U.S. Pentagon budget has exceeded $1 trillion, with President Trump proposing an additional $500 billion increase. This funding supports military operations including interventions in Venezuela and a war in the Middle East. Analysts highlight rising costs and diminishing econ…
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South China Morning Postfinance79 days ago
Drone Vendors Target Southeast Asian Markets at Kuala Lumpur Defence Exhibition
Vendors from around the world gathered at the Defence Services Asia exhibition in Kuala Lumpur last week to pursue deals amid growing interest in unmanned aerial vehicles from Southeast Asia's defence ministries. A UAE-based firm showcased its high-performance helicopter drone, h…
thecanary.coworld79 days ago
Three Palestine Action Activists Sentenced to 20 Months for Attack on U.S. Defense Factory
Three activists from Palestine Action have been sentenced to 20 months in custody for their role in an attack on a factory owned by a U.S. defense company. The individuals, convicted in February for the April 2025 incident, targeted the facility in Shipley, U.K. Supporters gather…
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insidermonkey.comfinance79 days ago
U.S. Defense Contractors Report Record Backlogs Amid Increased Military Spending
U.S. defense companies are experiencing significant order backlogs due to record military spending and restocking needs from recent conflicts. The Defense Department has allocated $901 billion for 2026 and requested $1.5 trillion for 2027. Additional funding requests related to t…
iiot-world.comworld81 days ago
Defense Firms Debut Dedicated Section at Hanover Industrial Fair
Defense and security-related companies are featured in their own section for the first time at the Hanover industrial fair this week. This development occurs as Germany undertakes a significant rearmament effort. The fair is recognized as the world's top industrial event.
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