defense industry
17 stories related to this topic, newest first.
Ministry of Culture and Information Policy of Ukraine / Wikimedia (CC BY 4.0)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.comFour 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 NewsUkraine 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.jpPentagon 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…
Sutthikhun Phaengphongsai / Wikimedia (CC BY-SA 4.0)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…
Illustration: Substrate (Quartr-Edge style, Grok)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…
ynet.co.ilU.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.comDefense 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.
koreaherald.comHanwha Group Signs MOU with Alberta Government on Energy, Defense and Shipbuilding
South Korea's Hanwha Group has signed a memorandum of understanding with Canada's Alberta provincial government to explore investments in energy, defense and shipbuilding. The agreement, signed in Edmonton on April 21, 2026, ties into Hanwha's bid for a major Canadian submarine p…
en.globes.co.ilThales Reports 75% Rise in Defense Orders, Surpassing Sales Forecasts
French defense and technology company Thales announced stronger-than-expected sales figures. Orders in its defense division surged 75%, driven by robust defense spending. The results highlight ongoing demand in the sector.
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)South Korea Holds Interagency Meeting on North American Defense Industry Cooperation
South Korean government officials convened an interagency meeting to evaluate defense partnerships in North America and support local companies' expansion. The discussion occurred amid a Korean consortium's bid for a Canadian submarine contract valued at approximately 60 trillion…
hurriyetdailynews.comHanwha Group Partners with Magnet Defense to Develop Unmanned Vessels for U.S. Military
Hanwha Group announced a partnership with U.S.-based Magnet Defense to develop medium unmanned surface vessels for the U.S. military. The agreement involves collaboration on a 38-meter vessel based on Magnet Defense's M48 platform combined with Hanwha's technologies. The partners…
U.S. Navy photo by Lt. j.g. Andrew Leatherwood / Wikimedia (Public domain)Northrop Grumman Releases Video of F/A-XX Naval Fighter Concept
Northrop Grumman has released a new video showcasing its concept for the F/A-XX sixth-generation naval fighter. The video provides additional views of the tailless design, including features like dorsal inlets and wing configurations. This follows statements from naval officials…
Defense NewsIndra Agrees to Integrate Systems for Spanish Amphibious Vehicles Based on U.S. Model
Spanish defense firm Indra has signed a deal to integrate systems on amphibious vehicles for Spain, based on the model used by the U.S. Marines. The agreement involves collaboration with Italy's IDV, which holds the design authority and supplies core components. Indra will handle…
247wallst.comJim Cramer Recommends Chevron for Oil Investments and Urges Retention of Defense Sector Holdings
CNBC's 'Mad Money' host Jim Cramer advised investors to select Chevron as an oil sector play during a Lightning Round segment. He discussed stocks including Carpenter Tech, Equipment Share, SoundHound, Chevron, and Exxon Mobil. In a separate segment, Cramer stated that investors…
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Defense Industry Shifts Toward Silicon Valley Model Amid Ukraine and Iran Conflicts
Defense companies are adapting strategies influenced by Silicon Valley practices in response to ongoing conflicts in Ukraine and Iran. These adaptations focus on reducing lead times for rapid deployments and cost-effective solutions. The changes challenge traditional defense prod…
Polish Ukrainian Startup Bridge / Wikimedia (CC BY-SA 4.0)Ukrainian Entrepreneur Shifts from Pet Gadget to Autonomous Combat Drones
Yaroslav Azhnyuk, a Ukrainian entrepreneur, developed the Petcube device for remotely entertaining pets using a laser pointer. His team later founded companies that produce first-person-view drones with artificial intelligence for targeting in Ukraine's conflict. These drones ena…