France is to invest €6.41 billion ($6.75 billion) in the Dassault Rafale fighter program between 2023 and 2026 and has earmarked €5.36 billion after 2026.
German lawmakers have approved the final and largest tranche of spending for the country’s purchase of the Israeli Arrow 3 anti-ballistic missile system.
The Australian Defense Department will spend more than $2 billion on Tomahawk, AARGM-ER, Spike, additional HIMARS and PrSM to boost its missile capabilities.
Australia, the UK and the U.S. in July signed a cooperation agreement to work together on future upgrades to the E-7A, with a focus on interoperability.
U.S. Air Force Secretary Frank Kendall says the House's addition of $558 million for the force's Adaptive Engine Transition Program is akin to "throwing money away."
Bell CEO Lisa Atherton tells reporters at the Paris Air Show that the company has to "hit every single mark" on the Future Long-Range Attack Aircraft contract.
Specter Aerospace, formerly known as FGC Plasma Solutions, says a hypersonic demonstrator vehicle powered with plasma-assisted combustion will fly in two years.
Denmark has joined the growing list of European nations expected to increase its defense spending in response to Russia’s invasion of parts of Ukraine.
General Javier Salto Martínez-Avial, chief of the Spanish Air Force, says securing a further top-up order of Eurofighters is among his top priorities for 2023.
Global military expenditures in 2022 rose 3.7% to a record $2.24 trillion, driven by Russia’s invasion of Ukraine and related spending by Moscow and Kyiv.