OEMs and suppliers in Germany should improve cooperation, as cash-strapped suppliers are having a hard time convincing banks to fund their investments.
German defense electronics company Hensoldt says it has secured a $367 million contract for work on the Eurofighter Mk. 1 radar for use by Germany and Spain.
The three-year Battage—a moniker combining "battery" and "age"—is led by Italy and involves participants from Belgium, Germany, Greece and the Netherlands.
Starlab Space is a U.S.-based joint venture between Airbus and Voyager Space, a Denver-based space station, robotics and satellite development startup.
Dublin has ordered four Airbus H145Ms for the Irish Air Corps through a €91.7 million ($95.2 million) contract to replace the force's EC135/H135 helicopters.
Volocopter aims to uphold normal business operations after filing for bankruptcy as it failed to secure additional capital from its existing shareholders.
The German government has signed an agreement with industry to modernize its MBDA Taurus cruise missile, with the aim of keeping the system viable long term.