defense spending

Sweden Investing $10M to Modernize Civil Defense Bunkers

Swedish authorities have warned the country should prepare for the risk of war, and invested $10M to renovate civil defense shelters.

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Cooperation ‘Better Than Confrontation,’ Polish PM Urges Trump

Polish PM urged the US to reconsider tariffs, emphasizing cooperation, as Poland signed $2B deal with the US for Patriot air defense support.

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Revolutionizing Military Avionics: Indra Leads Groundbreaking European Initiative

Europe has launched a $32.5-million initiative to develop a new generation of modular avionics for modern military airborne operations.

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Lockheed Wins $4.9B Precision Strike Missile Deal From US Army

Lockheed Martin has been awarded a $4.9 billion contract to deliver its long-range Precision Strike Missile to the US Army under Increment One.

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Egypt Nears Deal for up to 100 South Korean FA-50 Light Attack Aircraft

An Egyptian diplomatic official has confirmed that Cairo is in advanced talks with South Korea for the purchase of up to 100 FA-50 light attack aircraft.

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Leonardo Wins Weapons Control System Deal for US Army Paladin Howitzer

Leonardo DRS has secured a contract to prototype a new weapons control system for the US Army’s M109A7 Paladin self-propelled howitzers.

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Anduril Selected as Autonomy Systems Integrator for USSOCOM Uncrewed Platforms

Anduril has secured a contract to enhance the uncrewed platforms used by the US Special Operations Command, focusing on the integration of advanced autonomy systems.

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Sweden to Boost Defense Spending $30B Over a Decade

Sweden will increase defense spending by about 300 billion kronor ($30 billion) over the next decade, the prime minister said Wednesday, calling it the nation's biggest rearmament push since the Cold War.

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Malaysia Acquires Turkish Vessel Capable of 30-Day Continuous Operations

Malaysia has acquired a large Multi-Purpose Mission Ship from Turkish shipbuilder Desan, valued at $68.8 million.

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General Dynamics Scores $1B Deal for Virginia-Class Block VI Submarines

General Dynamics has secured a $1.06-billion contract to begin procuring hard-to-acquire components for the US Navy's Virginia-class Block VI submarines.

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