Defense Budgets & Spending News

Reuters • Allison Lampert

Honeywell Aerospace to expand European defense offerings with products designed to avoid restricted U.S. tech export controls

Honeywell Aerospace says it plans to develop more defense products intended for Europe that do not rely on restricted U.S. technologies, aiming to reduce the risk of export roadblocks. The move is tied to rising European defense spending and demand for parts with smoother cross-border approval paths.

2 Sources

2026-07-09T03:59:46.630231-07:00

AeroTime

US Army launches xTech|Apex Intercept, an $8M prize competition for lower-cost missile interceptor tech

1 Source

2026-07-09T03:16:43.566653-07:00

AeroTime

Germany to buy and station Tomahawk cruise missiles on its soil after US deal, Merz tells Bundestag

1 Source

2026-07-09T01:44:36.646580-07:00

Bloomberg

BNP Paribas banker: European defense valuations have upside as rising government spending converts into new orders

1 Source

2026-07-09T02:45:12.672106-07:00

Defense Budgets & Spending News Timeline

Reuters

2 sources

Honeywell Aerospace to expand European defense offerings with products designed to avoid restricted U.S. tech export controls Honeywell Aerospace says it plans to develop more defense products intended for Europe that do not rely on restricted U.S. technologies, aiming to reduce the risk of export roadblocks. The move is tied to rising European defense spending and demand for parts with smoother cross-border approval paths.

2026-07-09T03:59:46.630231-07:00

Honeywell Aerospace to expand European defense offerings with products designed to avoid restricted U.S. tech export controls

AeroTime

1 source

US Army launches xTech|Apex Intercept, an $8M prize competition for lower-cost missile interceptor tech The US Army has launched xTech|Apex Intercept, a new $8 million prize competition aimed at accelerating development of low-cost technologies spanning interceptors, seekers and rocket motors. The initiative seeks to reduce cost while advancing key subsystem performance for missile defense.

2026-07-09T03:16:43.566653-07:00

US Army launches xTech|Apex Intercept, an $8M prize competition for lower-cost missile interceptor tech

Bloomberg

1 source

BNP Paribas banker: European defense valuations have upside as rising government spending converts into new orders European defense-sector valuations still have “plenty of upside,” a BNP Paribas banker said, arguing that government pledges to increase military spending are now translating into orders. The assessment links defense budget commitments to observable commercial momentum across the European defense supply chain.

2026-07-09T02:45:12.672106-07:00

BNP Paribas banker: European defense valuations have upside as rising government spending converts into new orders

AeroTime

1 source

Germany to buy and station Tomahawk cruise missiles on its soil after US deal, Merz tells Bundestag Chancellor Friedrich Merz told the Bundestag that Germany has agreed with the US to purchase Tomahawk cruise missiles and station them in Germany. The statement signals a concrete step in upgrading Germany’s long-range strike posture through a US-aligned procurement arrangement.

2026-07-09T01:44:36.646580-07:00

Germany to buy and station Tomahawk cruise missiles on its soil after US deal, Merz tells Bundestag

Bloomberg

1 source

Deutz to buy military vehicle maker Flensburger Fahrzeugbau Gesellschaft (FFG) for €1.6 billion, deepening its defense push Deutz AG has agreed to acquire Flensburger Fahrzeugbau Gesellschaft mbH (FFG) for €1.6 billion ($1.8 billion). The deal extends Deutz further into the defense sector, positioning it to capture growth tied to Europe’s ongoing rearmament drive.

2026-07-08T23:45:54.879713-07:00

Deutz to buy military vehicle maker Flensburger Fahrzeugbau Gesellschaft (FFG) for €1.6 billion, deepening its defense push

The Hill

2 sources

Trump pressures NATO allies on defense spending and raises potential Turkey F-35 sale ahead of Ankara summit President Trump’s campaign to boost allied defense spending and his interest in a potential sale of F-35 fighter jets to Turkey are emerging as key issues for the upcoming NATO summit in Ankara. The meeting is framed by heightened concern among partner nations over US expectations and procurement alignment.

2026-07-08T13:53:44.158742-07:00

Trump pressures NATO allies on defense spending and raises potential Turkey F-35 sale ahead of Ankara summit

Space Intel Report

1 source

ASD-Eurospace: Europe’s space industry sales hit €10.9B in 2025, up 23% as government spending—especially defense—accelerates Europe’s space sector booked €10.9 billion ($12.5 billion) in sales in 2025, up 23% year-on-year, according to ASD-Eurospace. Headcount rose just 2.2%, while startups account for 11% of the workforce, underscoring how demand growth is outpacing hiring across the ecosystem.

2026-07-08T10:52:19.475560-07:00

ASD-Eurospace: Europe’s space industry sales hit €10.9B in 2025, up 23% as government spending—especially defense—accelerates

Space Intel Report

None source

Eurospace: Europe's space industry sales increased 23% in 2025, headcount just 2.2%; startups are 11% of work force

2026-07-08T10:52:19.475560-07:00

Eurospace: Europe's space indu

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