Defense industry
Jeen Defense wins 14.9m NIS defense AI contract
Jeen Technologies' subsidiary secures its largest Defense Ministry order, accelerating deployment of its sovereign AI platform designed to support intelligence, operations, and decision-making
ParaZero wins first US government order for DefendAir counter-drone system
US Navy reveals ultra-long-range air-to-air AIM-424 Malice missile with over 460 km. range
UK, Ukraine sign AI defense partnership linked to battlefield technology
Vietnam defies Eurosatory ban and met with Israeli defense companies
Senior Vietnamese officials, led by Deputy Minister Senior Lieutenant General Nguyen Truong Thang, devoted a lot of time to the Israeli companies at the exhibition
Ghalibaf: 'If you strike, you'll get hit,' IRGC claims responsibility for Kuwait, Bahrain strikes
"America still hasn't learned that bullying and breaking promises are no longer cost-free," Iran's Parliament Speaker Mohammad Bagher Ghalibaf said in a post on X.
NATO 'came a long way today,' falling back into favor with Trump after the Ankara summit
Trump told reporters aboard Air Force One, "I did have issues, and I still do. But Spain, they came back all the way today. Spain was very generous today."
NATO leaders unveil $50 billion in defense deals as Trump renews push to control Greenland
NATO Secretary General Mark Rutte said on Monday that Europeans had made "staggering" increases in defense spending.
Israel approves defense merger for Israel Aerospace Industries, Elta ahead of massive IPO
According to the Government Companies Authority's valuations, IAI could be listed at a valuation of 100 billion shekels, following a surge in 2025 sales to 7.8 billion dollars.
NATO allies to invest over $40 billion in anti-drone capabilities, Rutte says at NATO summit
The announcement comes as threats from drones become common on battlefields, with heavy casualties reported in most active conflicts.
US in talks on Europe missile co-production, maintenance of Patriot missiles, source says
If implemented, both projects could free up capacity at Raytheon and Lockheed Martin factories in the United States and enable the US defense giants to ramp up production at home.
Lockheed Martin to buy Ultra Maritime for $3.45 billion
The $3.45 billion deal will fold Ultra Maritime into Lockheed’s rotary and mission systems business, strengthening its naval defense portfolio.
Elbit plans to hire 2,000 new employees, ending 2026 with 4,000 new hires, CEO Machlis says
Machlis explained that this comes as countries shift their war strategy, mainly because the "length of conflicts and the scale of the use of munitions require a different industrial readiness.
Anduril founders invest in Israeli underground warfare startup
Traysar was unveiled last week at an industry conference in Detroit. It produces engineering components and digging machines for use against terrorist tunnels and underground military bases
