Defense Budgets & Spending News

Wall Street Journal • Jinjoo Lee

Airlines and hyperscalers drive renewed demand for scarce turbine components, with only a handful of manufacturers able to suppl

Airlines and large cloud providers are increasingly competing for turbine power capacity—both for jet engines and for data-center generation. The surge is concentrated in a small set of companies that produce the specialized turbine parts needed to meet fast-growing requirements.

1 Source

2026-07-10T02:45:24.439315-07:00

AeroTime

U.S. defense awards push LAIRCM and directed-energy counter-UAS forward, including Northrop Grumman’s $60.4M sensor upgrade and

5 Sources

2026-07-10T01:58:52.441351-07:00

Via Satellite

Telesat to supply Military Ka-band capacity for Canada’s ESCP-P Polar satellite program

1 Source

2026-07-09T13:15:10.877092-07:00

SpaceNews.com

Pentagon accelerates directed-energy: Lockheed/nLIGHT high-energy lasers; Space Force funds Pulse Space $40M for laser power and

19 Sources

2026-07-09T06:15:31.858085-07:00

Defense Budgets & Spending News Timeline

Wall Street Journal

1 source

Airlines and hyperscalers drive renewed demand for scarce turbine components, with only a handful of manufacturers able to suppl Airlines and large cloud providers are increasingly competing for turbine power capacity—both for jet engines and for data-center generation. The surge is concentrated in a small set of companies that produce the specialized turbine parts needed to meet fast-growing requirements.

2026-07-10T02:45:24.439315-07:00

Airlines and hyperscalers drive renewed demand for scarce turbine components, with only a handful of manufacturers able to suppl

AeroTime

5 sources

U.S. defense awards push LAIRCM and directed-energy counter-UAS forward, including Northrop Grumman’s $60.4M sensor upgrade and On July 8, 2026, the U.S. Air Force awarded Northrop Grumman a $60,438,241 sole-source contract to develop an enhanced sensor for the LAIRCM system, running through April 30, 2029, at its Rolling Meadows, Illinois facility. Separately, the Department of Defense awarded nLIGHT and Lockheed Martin Aculight $86 million for containerized laser weapons against drones and cruise missiles, while Tekne S.p.A.-based tests showed NUBURU’s laser dazzler C-UAS results in Italy.

2026-07-10T01:58:52.441351-07:00

U.S. defense awards push LAIRCM and directed-energy counter-UAS forward, including Northrop Grumman’s $60.4M sensor upgrade and

Via Satellite

1 source

Telesat to supply Military Ka-band capacity for Canada’s ESCP-P Polar satellite program Telesat has agreed with the Canadian government to provide military Ka-band satellite capacity for Canada’s Enhanced Satellite Communications Project – Polar (ESCP-P). The deal is positioned to support Arctic connectivity requirements through dedicated access to satellite communications capacity in the Polar mission context.

2026-07-09T13:15:10.877092-07:00

Telesat to supply Military Ka-band capacity for Canada’s ESCP-P Polar satellite program

SpaceNews.com

19 sources

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Pentagon accelerates directed-energy: Lockheed/nLIGHT high-energy lasers; Space Force funds Pulse Space $40M for laser power and The Pentagon awarded Lockheed Martin and nLIGHT Defense contracts to transition high-energy laser weapon systems into field-ready, production-oriented platforms to defeat drones and cruise missiles. Separately, the Space Force funded Pulse Space’s $40 million effort for laser-based power beaming and orbital tracking. The Space Force also finalized an acquisition-structure reform creating nine mission-area portfolio acquisition executives.

2026-07-09T06:15:31.858085-07:00

Pentagon accelerates directed-energy: Lockheed/nLIGHT high-energy lasers; Space Force funds Pulse Space $40M for laser power and

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

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