If passed, the bill would forbid defense contractors from paying dividends or buying back stock unless contractors meet specific performance thresholds on a yearly basis.
“To counter these [Iran’s] asymmetric threats, Gulf states are compelled to accelerate military modernization, prioritizing advanced air defenses like Patriot and THAAD upgrades,” said a retired Kuwaiti air force officer.
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"We have got SMEs [Small to Medium Enterprises] that have had to exit the sector," Samira Braund, defence director at trade body ADS, told British lawmakers.
Anduril’s new Arsenal-1 facility in Ohio will be producing its Fury, Roadrunner and Barracuda products, along with a classified platform, by the end of 2026.
Though the tie-up isn't complete, if the deal happens Lockheed would see work done on its HIMARS at a Rheinmetall center in Queensland.
The shift follows Vulcan's February grounding under the National Security Space Launch program to resolve persistent problems with its solid rocket boosters.
AI, autonomous systems, cyber, and EW converge as industry targets faster battlefield effects.
Leonardo said “available cash resources” will finance the acquisition, which is also planned to leverage “the complementary nature of the two companies’ sales networks."
Estonian defense firms are projected to see $842 million in sales revenue in 2025, according to figures exclusively shared with Breaking Defense, representing a 347 percent growth since 2021.
The multimillion dollar deal for Empirical Systems Aerospace will "accelerate AV's ability to bridge the gap between conceptual design and manufacturing execution," AV chief Wahid Nawabi said.
"The decisions we made to expand and accelerate production lines in Israel before the operation will now allow us to take production rates to the next level," said Israeli MoD Director General Amir Baram.
As global navies adapt to evolving underwater threats, ASELSAN’s integrated sonar, countermeasure, and sonobuoy solutions offer a scalable, future-ready approach.
Ricky Freeman joined the company in 2023 as part of an increased focus in the defense market.
Leonardo expects its air defense system to draw €21 billion in new business opportunities by 2035, an executive said.
Head of Army acquisition Brent Ingraham said the service will initially focus on the sale of integrated air and missile defense, long-range fires, UAS and counter-UAS weapons.
Anduril intends to "fully absorb" ExoAnalytic's team of some 130 people rather than create a separate subsidiary, a senior Anduril exec said.