Aviation, Defense and Space Industry News by Hype

space Satellite North America M&A

Reuters

CSG becomes MDA Space’s largest shareholder with 9.5% stake

Czech defense company CSG has acquired a 9.5% stake in Canada’s MDA Space, becoming the satellite and space technology company’s largest shareholder. The transaction gives CSG a significant position in a space-sector supplier, though the reports provide no further details on the deal’s terms or any planned strategic changes.

Also: CNA and Seeking Alpha

3 Sources

2026-10-12T23:04:35.268719-07:00

aviation Accident Aviation Safety & Regulation Airlines

Bloomberg • Angus Whitley

Islamic Leader in Australia Rejects Link to FlyDubai Co-Pilot

By Bloomberg: The leader of an Australian Islamic center said he has no links to the FlyDubai co-pilot who attempted to hijack a plane, following allegations from the United Arab Emirates that there was an association with the center.

2 Sources

2026-10-12T22:05:12.573906-07:00

defense UAV Development & Drone Programs AI Europe Defense Budgets & Spending Defense Industry & Major Contractors

NEW

Reuters • Alicja Surdy, Marta Maciag

NATO fund targets drone defence technologies as Ukraine reshapes priorities

By Reuters: Updated ago An engineer tests commands on the AI-powered Nexus system during flight tests with multiple drones in Katwijk aan Zee, Netherlands, September 30, 2026.

1 Source

2026-10-13T00:04:37.622083-07:00

aviation Airports Airlines

ch-aviation • Dirk Andrei Salcedo

Nepal's Himalaya Airlines owes $4.1mn in airport dues

By ch-aviation: Himalaya Airlines (H9, Kathmandu) owes NPR629.2 million Nepalese rupees (USD4.1 million) in unpaid airport charges, including NPR440 million (USD2.8 million) in passenger service charges collected from travellers, the Kathmandu Post reported citing Nepal's Civil Aviation Authority (CAAN).

1 Source

2026-10-12T22:35:15.683764-07:00

aviation Airlines