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Rheinmetall Cuts 2026 Sales Outlook After Frigate Program Cancellation

German defense contractor Rheinmetall has reduced its financial forecast for 2026 after the German government scrapped a...

Rheinmetall Unveils GMF140 Next-Generation Guided Missile Frigate

The above image is for representational purposes only. Rheinmetall has introduced the GMF140, a...

Helsing Raises $1.8 Billion in Europe’s Largest Defense Tech Funding Round

The above image is for the purpose of illustration only. Germany's defense technology company...

Europe’s Defense Transformation: NATO, Security & Military Investment

When the European Union unveiled its ambitious defense investment strategy last year, many observers in the United...

European Defense JVs Face Scaling Challenges Despite Funding Boom

The funding is now in place. From January 2025 to June 2026, the FTSE 350 Aerospace &...

Romania Selects Rheinmetall Lynx KF41 IFVs in €3.4B Defense Deal

Romania’s Ministry of National Defence has chosen the Lynx KF41 infantry fighting vehicle (IFV) from Rheinmetall as...

Leonardo CEO Shake-Up: Italy Replaces Cingolani with Mariani Amid Defense Strategy Shift

In an unexpected decision, the Italian government has chosen to replace Leonardo CEO Roberto Cingolani, a move...

German Navy Plans MEKO Frigates as F126 Program Faces Delays

Germany is planning to acquire four MEKO frigates from domestic shipbuilder Thyssenkrupp Marine Systems (TKMS) to provide...

Germany Funds Delivery of Lynx KF41 Infantry Fighting Vehicles to Ukraine

Germany has agreed to fund the supply of five Lynx KF41 infantry fighting vehicles to Ukraine under...

Top European Defense Industry Winners and Losers in 2025

In 2025, Europe recorded unprecedented defense spending, covering everything from ammunition and battle tanks to air defense...

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Pentagon Review Weighs U.S. Troop Cuts in Europe

A Pentagon assessment of U.S. military deployments in Europe is expected to produce at least four possible...

X-Bow Wins $11M Contract for Low-Cost Missile Interceptor

The U.S. Department of Defense has granted New Mexico-based rocket company X-Bow Systems a contract valued at...

Ukraine Slowly Losing War Against Russia, Ex-Defense Minister Warns

Ukraine appears to be gradually losing ground in its war with Russia, according to former Defence Minister...

CIA Director John Ratcliffe Reportedly Visits Moscow

CIA Director John Ratcliffe is in Moscow, Russia, for meetings, according to sources familiar with the matter...