Defense Industry News

GoPro has been acquired by Starman Holding for $285 million in cash, with the company now pivoting towards defense, government, robotics, and aerospace sectors.

Canada is strengthening its defense industry and increasing military spending as its relationship with the US experiences strain.

Castelion, founded in 2022, has reached a $13 billion valuation as it aims to mass-produce hypersonic missile systems at lower costs and faster speeds.

This article argues that the UK-Ukraine drone partnership is valuable despite potential backlash from Putin, as Ukraine offers battlefield-tested designs and op

A German shipbuilder, set to supply Canada's new submarines, suggests that increased cooperation among European shipbuilders could lead to them helping build sm

Air taxi firm Joby has acquired a defense technology company for $500 million, as eVTOL companies increasingly focus on the military market due to slower commer

The Pentagon is urging faster US weapons production to address stockpile concerns, as munitions shortages raise security issues amidst escalating Middle East te

The U.S. Army is opening five military test ranges to private companies to accelerate weapons development, aiming to cut months from the testing process. This i

A new defense pact unites Saudi Arabia, Pakistan, and Turkey, which boasts NATO's second-largest army and a growing defense industry.

Ukraine has approved and deployed its own domestically produced guided aerial bombs, including turbojet-powered versions capable of striking targets up to 200 k

NATO's top transformation commander, Adm. Pierre Vandier, warns that the West's current weapons and industrial base are insufficient to counter the scale of att

Chancellor Friedrich Merz is hosting President Emmanuel Macron for a Franco-German summit focused on establishing a new defense dynamic for Europe and pursuing

Sergii Koretskyi has been confirmed as Ukraine's new Prime Minister as part of a government reshuffle by President Volodymyr Zelensky, with a focus on strengthe

India is reportedly planning to allow private sector participation in missile manufacturing, driven by increasing demand for DRDO's Astra missile. This move com