Defence industry

The head of Germany's biggest military contractor Rheinmetall has called on European countries to abandon their preference for national champions in favour of building larger, more specialised defense groups to compete against US rivals.…

In an effort to counter China, the US and Japan plan to upgrade their security alliance to its highest level since 1960 when they signed a Mutual Defence Treaty. Five people with knowledge of the situation have confirmed that President…

BAE Systems won a multi-billion-pound contract to build Australia's nuclear-powered submarines, which will boost British jobs and industry. The Australian government, as part of the Aukus Defence Pact between the UK and US, has selected…

The CEO of MBDA (Europe's largest missile manufacturer) has urged EU decision-makers to ensure the UK is included in the new strategy for the bloc to develop its defence industry, as the region seeks a response to increasing geopolitical…

BAE Systems is expected to make a profit of £3 billion this year, as the wars in Ukraine and the Middle East are boosting the company's coffers. The company, which builds the UK's nuclear submarine fleet, squadrons of fighter planes, and…

Due to the increasing geopolitical tensions, such as the conflict in Ukraine, the order books of world's largest defence companies have reached near-record highs. They have grown by over 10 percent in only two years. The analysis found…

After Denmark reversed decades-old foreign policy and became the last country in the region in which to sign an agreement on defence cooperation with Washington, the US will now be able base troops and equipment in Denmark permanently.…

Cohort is facing a backlog of orders worth £353.9m after a surge in demand The rising tensions between China, its neighbours and the United States has boosted orders for British developers of hypersonic missile defenses and submarine…