As KAI's production facilities are operating at full capacity to deliver South Korea's latest programs, the KT-1 basic trainer line could be offshored.
Australian drone company Innovaero, which sports BAE Systems as a shareholder, has kicked off flight testing its OWL-X counter-uncrewed aircraft system.
Boeing plans to fire an air-to-air missile from its MQ-28 Ghost Bat uncrewed combat aircraft demonstrator late this year or early next, a company official says.
Australia is starting the process of transitioning its attack helicopter fleet to the Boeing AH-64E Apache as it looks to reach IOC in 2028, an official says.
Boeing's win of the F-47 aircraft contract from the U.S. Air Force is already boosting sentiment in the company while rival Lockheed Martin is taking a hit.
Europe’s defense industry is getting ready for a surge in government spending that is driving companies to reset growth ambitions and strategies more broadly.
L3Harris expects to deliver the first MC-55A Peregrine multi-intelligence platform to the Royal Australian Air Force this year, after several program delays.
South Korea's Hanwha Aerospace says a capital raise of around $2.5 billion will fund expansion abroad, such as in Europe where defense spending has increased.
Flight autonomy software developer Shield AI closed a $240 million Series F-1 round in March that raised its valuation to $5.3 billion from $2.7 billion.
The U.S. is moving to reduce its mineral dependency on China as technology, trade and geopolitical frictions rise between the world’s two largest economies.
The NROL-57 mission was launched March 21 at 2:49 a.m. EDT, aboard a SpaceX Falcon 9 rocket from Space Launch Complex 4-East at Vandenberg SFB, California.
