Keywords: Defense industry


Lockheed Martin raises 2026 outlook as global conflicts drive weapons demand

  Lockheed Martin has increased its 2026 sales and profit expectations as rising geopolitical tensions and government efforts to rebuild military inventories fuel stronger demand for defense equipment. The United States defense contractor said its improved outlook reflects growing orders across......

South Korea offers advanced submarines to Morocco to strengthen naval capabilities

South Korea is expanding its presence in the global defense market by promoting its latest military technologies to strategic partners, with Morocco identified as one of the priority countries for the export of its advanced KSS-III Batch-II submarines. The proposal is part of Hanwha Ocean’s broader......

Portugal orders three Fincantieri-built FREMM frigates in €3 billion defense deal

Portugal has agreed to acquire three FREMM multi-mission frigates built by Italian shipbuilder Fincantieri, in a deal estimated to be worth around €3 billion, strengthening both the Portuguese Navy and Europe's expanding defense industrial base. The agreement was announced by Italian Prime......

U.S. ammunition stockpile recovery could take years, report says

The United States could require up to four years to rebuild key ammunition stockpiles following recent military operations, according to a report highlighting the growing challenges facing the country's defense supply chain. The report suggests that restoring inventories to desired levels will depend......

Morocco-France: Fourteen Strategic Agreements Mark a New Phase in Bilateral Partnership

Cooperation between Morocco and France has reached a new milestone. Following the 15th High-Level Meeting (HLM), held on July 16 in Rabat, the two countries signed fourteen agreements covering a wide range of strategic sectors. From diplomacy to defense, infrastructure, education, culture, scientific......

Morocco strengthens its position as an emerging military power through long-term defense strategy

Morocco continues to strengthen its military capabilities through a long-term modernization strategy aimed at enhancing national security, improving operational readiness, and developing a competitive domestic defense industry. The country's sustained investment in advanced military technology reflects......

Morocco-France: Rabat and Paris Strengthen Their Defense Industry Cooperation

Morocco and France have taken a new step in their military cooperation with the signing of two new legal instruments aimed at developing partnerships in the defense industry. Concluded during the 15th Moroccan-French High-Level Meeting, these agreements reflect the desire of both countries to expand......

Morocco accelerates development of advanced domestic defense industry

Morocco is accelerating efforts to establish a modern domestic defense industry as part of a long-term strategy to strengthen its strategic autonomy, expand industrial capabilities, and reduce dependence on imported military equipment. In recent years, the Kingdom has shifted from focusing primarily......

Rheinmetall and MBDA secure German navy contract to develop laser Weapon system

German defense company Rheinmetall and European missile manufacturer MBDA have signed a major contract to develop a laser weapon system for the German Navy, marking another step in Germany’s investment in next-generation defense technologies. The agreement, announced on Thursday, was awarded by......