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General Dynamics Secures $2.3B Deal for Virginia-Class Block VI Submarines

General Dynamics Electric Boat has secured a contract modification worth up to $2.3 billion from the US Navy for work related to Virginia-class Block VI submarines. The undefinitized contract...

May 12, 2026
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R&D
Missile & Missile Defence

Lockheed Martin Advances NGSRI Program With Successful Seeker Flight Test

Lockheed Martin has carried out a significant flight test for the missile seeker being developed under the US Army’s Next-Generation Short-Range Interceptor (NGSRI) program. As part of the NGSRI...

Turkey Signs Deal for First 20 KAAN Stealth Fighters

Turkish Aerospace Industries has secured a contract from Turkey for the delivery of the first 20 indigenous KAAN stealth fighter aircraft. Reports from Turkish media outlet ULU Savunma indicate...

RTX Expands Florida Radar Manufacturing With $26.5M Investment

RTX has announced a $26.5-million investment to expand the Largo, Florida, operations of Collins Aerospace, aiming to increase production of advanced aviation radar and defense communication systems. The project...

Front Ventures Raises $5.9M to Back Ukrainian Defense Tech Startups

Front Ventures, a Swedish investment company, has secured 5 million euros ($5.9 million) in new funding to invest in Ukrainian and Nordic defense startups developing combat-tested drones, software platforms,...

Norway Commits $304M for Patriot Interceptor Support to Ukraine

Norway has committed nearly 2.8 billion kroner ($304 million) to support NATO’s PURL (Prioritized Ukraine Requirements List) program, with part of the funding allocated for Patriot air defense interceptors....

Saab Introduces Enhanced Bolide Missile for RBS 70 NG SHORAD

Saab has introduced the Bolide 2 missile, a next-generation upgrade for the RBS 70 NG short-range air defense platform that brings stronger anti-drone capabilities and improved lethality. The interceptor...

May 11, 2026
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