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Aerospace And Defence

All articles tagged with #aerospace and defence

world1 day ago•5 min saved

Ukraine says its interceptors helped down Iranian drones in Gulf, eyes mass production

Ukraine’s president Volodymyr Zelenskyy says Kyiv’s electronic warfare teams and interceptor drones helped in downing Iranian Shahed drones in Gulf states hosting US bases, with over 200 Ukrainian experts deployed and several long‑term security pacts formed. Kyiv argues its cheap interceptors (about $1,000–$3,000) are more cost-effective than Patriot missiles, and the country is pursuing defence partnerships in the Gulf while exploring mass production of interceptors and potential security exchanges for Patriot systems.

via Financial Times|

#aerospace-and-defence #drones #iran

business2 months ago•4 min saved

Boeing tops Airbus in 2025 orders as US demand fuels rebound

Boeing outsold Airbus on gross orders in 2025 for the first time this decade, booking 1,075 gross orders (Airbus: 1,000) as countries rushed to buy US aircraft to curry favor with the Trump administration. Boeing delivered 600 commercial jets, while Airbus delivered 793, and the backlog climbed to about 6,130. The turnaround has been aided by FAA relief allowing Boeing to certify its own jets again and by the Spirit AeroSystems acquisition, with large orders from carriers like Alaska Airlines helping late-year momentum.

via Financial Times|

#aerospace-and-defence #airbus #boeing

aerospace-and-defence2 months ago•4 min saved

Pentagon takes $1bn stake in L3 Harris missile motors unit, stoking competition concerns

The U.S. Pentagon is investing $1 billion in L3 Harris's missile-motors business via convertible preferred equity that will spin off into a new public company, with an IPO expected in late 2026. The move aims to bolster domestic rocket-motor supply for missiles like Patriot and Tomahawk, but it raises questions about conflicts of interest and competition in the defence industry.

via Financial Times|

#aerospace-and-defence #competition #defence-industry

aerospace-and-defence1 year ago•2 min saved

UK, Italy, and Japan Launch Joint Venture for Next-Gen Fighter Jet

The UK, Italy, and Japan have formed a joint venture to oversee the development of a next-generation fighter jet under the Global Combat Air Programme (GCAP), aiming for completion by 2035. The venture, equally owned by BAE Systems, Leonardo, and Japan Aircraft Industrial Enhancement Co, will manage the design, development, and delivery of the aircraft. Discussions are ongoing about potentially involving Saudi Arabia as a financial partner. The project seeks to enhance defense capabilities against threats from Russia and China, with a focus on digital design and innovative engineering to reduce costs and time.

via Financial Times|

#aerospace-and-defence #fighter-jet #global-combat-air-programme