Keywords: Defense industry


Washington turns to Australia to challenge China’s dominance in scandium supplies

The United States is strengthening its cooperation with Australia in an effort to secure independent access to scandium, a strategic mineral increasingly valued by the aerospace, defense and advanced technology industries. Australian company Sunrise Energy Metals has announced that the U.S. Department......

European Union imposes new sanctions on individuals linked to Russia’s defense industry

The European Union has announced a new round of sanctions targeting five individuals accused of having close ties to Russia’s military-industrial sector, reinforcing its efforts to increase pressure on Moscow amid the ongoing conflict in Ukraine. The latest measures were introduced following recent......

Pentagon signs agreements to expand THAAD and Patriot PAC-3 missile production

The U.S. Department of Defense has announced new agreements with defense contractors Lockheed Martin and Northrop Grumman aimed at significantly increasing the production capacity of missile interceptors used in the THAAD and Patriot PAC-3 air and missile defense systems. According to the Pentagon,......

MTU warns Franco-German fighter split could jeopardize Safran engine alliance

  The future of one of Europe's most significant aerospace collaborations has come under renewed scrutiny after MTU Aero Engines warned that diverging military priorities between France and Germany could undermine its long-standing engine partnership with Safran. Speaking after the collapse......

China signals broader deployment of YJ-20 hypersonic anti-ship missile across naval fleet

China's state media has highlighted what appears to be a broader deployment of the country's advanced YJ-20 hypersonic anti-ship missile, suggesting that the weapon may be expanding beyond the navy's most advanced surface combatants. Reports from Chinese military-focused media outlets showcased......

Russian drone designer wounded in apparent assassination attempt in Tula

A Russian engineer involved in the development of military drones was wounded on Wednesday in an apparent assassination attempt in the city of Tula, western Russia. According to the company Ovod and Russian authorities, the attack targeted Andrei Tcherezov, the chief designer and lead developer of the......

Morocco moves closer to acquiring submarines to strengthen its naval capabilities

Morocco appears to be moving closer to strengthening its naval capabilities with the possible acquisition of military submarines, according to a series of reports and statements from international defense industry players. Although Rabat has not officially announced a submarine procurement program, the......

Pentagon Faces Severe Supply Strain as Middle East Conflict Depletes US Precision Missile Stockpiles

The White House and defense officials are growing increasingly alarmed over a mounting logistical crisis, as the prolonged confrontation in the Middle East rapidly depletes America’s advanced interceptor missile reserves at a pace outstripping current domestic production capacities. According......

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......