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Bloomberg • Jorge Valero

EIB signs €3bn-plus financing package to fund Airbus R&D, boosting commercial and defense technology

The European Investment Bank has committed up to €3.0 billion (about $3.42 billion) in financing to Airbus, described as “full firepower” to strengthen Europe’s industrial and technological edge amid US and China competition. The first tranche cited is about €1 billion, earmarked for aerospace R&D investment spanning commercial and defense aviation.

2026-06-29T01:40:07.325210-07:00

SpaceNews.com

House Appropriators advance FY2027 defense bill: $1.07T topline, USAF flying-hours/working-capital cuts, Space Force $55.5B and

2026-06-25T04:40:33.630341-07:00

Breaking Defense

Pentagon awards Lockheed Martin up to $35B to quadruple THAAD interceptor production

2026-06-24T15:26:41.255879-07:00

DefenseNews.com

House Appropriators back $1.55B to revive Boeing E-7 Wedgetail, amid White House OMB efforts to shift Navy/USAF funds

2026-06-25T10:12:03.087872-07:00

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Bloomberg

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EIB signs €3bn-plus financing package to fund Airbus R&D, boosting commercial and defense technology The European Investment Bank has committed up to €3.0 billion (about $3.42 billion) in financing to Airbus, described as “full firepower” to strengthen Europe’s industrial and technological edge amid US and China competition. The first tranche cited is about €1 billion, earmarked for aerospace R&D investment spanning commercial and defense aviation.

2026-06-29T01:40:07.325210-07:00

EIB signs €3bn-plus financing package to fund Airbus R&D, boosting commercial and defense technology

DefenseNews.com

F-35 growth “outpaced sustainability,” program chief warns Senate on spares shortfalls F-35 program chief Lt. Gen. Gregory L. Masiello told a Senate subcommittee that the Joint Strike Fighter’s growth has run ahead of sustainment, citing inadequate “parts and pieces” on the shelf. The warning spotlights how sustainment capacity—not just procurement—can constrain readiness for joint fighters.

2026-06-26T10:55:18.893651-07:00

F-35 growth “outpaced sustainability,” program chief warns Senate on spares shortfalls

DefenseNews.com

House Appropriators back $1.55B to revive Boeing E-7 Wedgetail, amid White House OMB efforts to shift Navy/USAF funds The U.S. House Appropriations Committee included $1.55 billion for the Air Force’s Boeing E-7 Wedgetail program in the FY2027 defense bill, following a White House OMB push to reallocate money from Navy radar-plane and a classified Air Force line. A proposed Navy withdrawal was largely blocked, leaving a negotiated path to restore E-7 funding.

2026-06-25T10:12:03.087872-07:00

House Appropriators back $1.55B to revive Boeing E-7 Wedgetail, amid White House OMB efforts to shift Navy/USAF funds

SpaceNews.com

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House Appropriators advance FY2027 defense bill: $1.07T topline, USAF flying-hours/working-capital cuts, Space Force $55.5B and The House Appropriations Committee advanced its FY2027 defense spending bill with a $1.07 trillion Pentagon topline (a $234 billion increase over 2026), including $55.5 billion for the U.S. Space Force. Markup also trimmed USAF plans for flying hours and cut the Air Force working capital fund, while adding $355 million for the Family of Mass Missiles (FAMM).

2026-06-25T04:40:33.630341-07:00

House Appropriators advance FY2027 defense bill: $1.07T topline, USAF flying-hours/working-capital cuts, Space Force $55.5B and

Bloomberg

Germany scraps €10bn warship plan as Bundeswehr cancels F126 ASW frigate programme, shifts to MEKO A-200 Germany is abandoning a troubled €10 billion warship purchase plan and cancelling the Bundeswehr’s F126 anti-submarine warfare frigate programme (announced 24 June 2026), a senior defense official said. The move also comes as a joint Franco-German fighter-jet effort collapses, with Berlin now favouring the MEKO A-200.

2026-06-25T02:43:02.645018-07:00

Germany scraps €10bn warship plan as Bundeswehr cancels F126 ASW frigate programme, shifts to MEKO A-200

Breaking Defense

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Pentagon awards Lockheed Martin up to $35B to quadruple THAAD interceptor production The U.S. Defense Department awarded Lockheed Martin a seven-year, up to $35B contract to quadruple production of Terminal High Altitude Area Defense (THAAD) interceptors. The award implements a Jan. 29, 2026 framework agreement and is aimed at replenishing missile-defense stocks drawn down during the Iran conflict, targeting hundreds of operational interceptors by 2030.

2026-06-24T15:26:41.255879-07:00

Pentagon awards Lockheed Martin up to $35B to quadruple THAAD interceptor production

Breaking Defense

USAF-T-7 Red Hawk data-rights dispute: $1.5B “doomsday plane” data in $1.5B engine “horse trade” Breaking Defense reports the Air Force is weighing a high-cost, high-stakes sustainment and requirements trade to keep the T-7 Red Hawk viable—while Boeing and the service clash over data rights. A prospective deal could have the Air Force spend about $1.5B for access to “doomsday plane” data tied to a T-7 engine arrangement.

2026-06-24T07:55:05.943866-07:00

USAF-T-7 Red Hawk data-rights dispute: $1.5B “doomsday plane” data in $1.5B engine “horse trade”

SpaceNews.com

Space Force awards Boeing up to $2B to build and support two next-generation MUOS satellites (through 2035) The U.S. Space Force awarded Boeing a fixed-price incentive contract worth up to $2 billion for two Mobile User Objective System (MUOS) communications satellites and launch support, extending and sustaining one of the Pentagon’s most heavily used military satcom networks. Funding impacts are slated for FY2026, with delivery coverage through 2035.

2026-06-23T15:25:14.939653-07:00

Space Force awards Boeing up to $2B to build and support two next-generation MUOS satellites (through 2035)

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Defense Budgets & Spending News

EIB signs €3bn-plus financing package to fund Airbus R&D, boosting commercial and defense technology

House Appropriators advance FY2027 defense bill: $1.07T topline, USAF flying-hours/working-capital cuts, Space Force $55.5B and

Pentagon awards Lockheed Martin up to $35B to quadruple THAAD interceptor production

House Appropriators back $1.55B to revive Boeing E-7 Wedgetail, amid White House OMB efforts to shift Navy/USAF funds

News Timeline