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South Korea awards $2.26B Phoenix AEW&C contract to L3Harris-led team to modify Bombardier Global 6500s

L3Harris will deliver Phoenix AEW&C aircraft to the Republic of Korea Air Force after winning a contract worth roughly $2.26 billion to modify Bombardier Global 6500 business jets with an IAI ELTA radar; the consortium includes Bombardier, IAI ELTA Systems and Korean Air.

2025-10-19T16:11:00.655478-07:00

Airbus

Germany signs Tranche 5 contract for 20 Eurofighter Typhoons; deliveries 2031–34

2025-10-15T07:04:57.214231-07:00

Boeing

Boeing wins ~$2.7B multiyear award to build 3,000+ PAC‑3 missile seekers through 2030

2025-10-14T05:12:24.686943-07:00

SpaceNews.com

Defense budgets on both sides of the Atlantic reshape space industry

2025-10-08T15:12:41.183014-07:00

Defense Budgets & Spending News Timeline

AeroTime

Italy begins studies for next‑generation aircraft carrier and revives maritime patrol plans in 2025–27 defence plan Italy has launched early studies for a next‑generation aircraft carrier — the Portaerei di nuova generazione — and revived maritime patrol acquisition plans in its 2025–27 Multi‑Year Defence Planning Document. The DPP is backed by a record €31.2bn 2025 defence budget (+7.2%), with €3m allocated for advanced naval development this year.

2025-10-20T06:02:20.378538-07:00

Italy begins studies for next‑generation aircraft carrier and revives maritime patrol plans in 2025–27 defence plan

Reuters

Germany to buy 15 more F-35s from Lockheed, boosting fleet to 50 at €2.5bn — Pistorius Germany will order 15 additional Lockheed Martin F-35 fighters for about €2.5 billion, increasing its F-35 fleet to roughly 50 aircraft, Defence Minister Boris Pistorius said. The decision comes amid uncertainty over the Franco‑German FCAS programme and friction with Paris.

2025-10-19T23:32:16.761624-07:00

Germany to buy 15 more F-35s from Lockheed, boosting fleet to 50 at €2.5bn — Pistorius

koreatimes.co.kr

South Korea vows to be a top‑four defence power by 2030, pledges major arms and aerospace R&D at ADEX 2025 President Lee Jae Myung pledged a major funding boost for weapons and aerospace R&D at the opening of ADEX 2025, setting a national goal to rank among the world’s top four defence powers by 2030. The biennial show spotlights AI‑powered systems, unmanned weapons and exhibitors including Embraer.

2025-10-19T20:36:55.663075-07:00

South Korea vows to be a top‑four defence power by 2030, pledges major arms and aerospace R&D at ADEX 2025

Business Wire

South Korea awards $2.26B Phoenix AEW&C contract to L3Harris-led team to modify Bombardier Global 6500s L3Harris will deliver Phoenix AEW&C aircraft to the Republic of Korea Air Force after winning a contract worth roughly $2.26 billion to modify Bombardier Global 6500 business jets with an IAI ELTA radar; the consortium includes Bombardier, IAI ELTA Systems and Korean Air.

2025-10-19T16:11:00.655478-07:00

South Korea awards $2.26B Phoenix AEW&C contract to L3Harris-led team to modify Bombardier Global 6500s

Washington Post

DHS awards ~$200M Gulfstream G700 deal for USCG executive transport despite $50M request The Department of Homeland Security has awarded a roughly $200 million contract to Gulfstream for two G700 business jets to serve as executive transport for the U.S. Coast Guard, a sum far exceeding the roughly $50 million the service requested earlier this year for a replacement jet.

2025-10-18T13:38:39.543393-07:00

DHS awards ~$200M Gulfstream G700 deal for USCG executive transport despite $50M request

Breaking Defense

U.S. Army awards Lockheed $9.8B multiyear deal for 1,970 PAC‑3 MSE interceptors The U.S. Army awarded Lockheed Martin a $9.8 billion multiyear contract to produce 1,970 Patriot Advanced Capability‑3 Missile Segment Enhancement (PAC‑3 MSE) interceptors. Lockheed calls it the largest award in its Missiles & Fire Control history, underscoring elevated U.S. and allied demand for air‑defense interceptors.

2025-10-17T11:12:33.443940-07:00

U.S. Army awards Lockheed $9.8B multiyear deal for 1,970 PAC‑3 MSE interceptors

SpaceNews.com

EU unveils flagship defence programmes and confirms ‘European Space Shield’ to be in place by 2026 The European Commission and member states have outlined a set of flagship defence programmes and confirmed a "European Space Shield" will be operational by 2026, signalling an accelerated push for sovereign space-based surveillance, early warning and resilience across EU defence architecture.

2025-10-17T10:44:29.102606-07:00

EU unveils flagship defence programmes and confirms ‘European Space Shield’ to be in place by 2026

Aviation Week

USAF seeks civilian aircraft leases from local contractors to sustain pilot currency amid readiness shortfalls The U.S. Air Force has issued solicitations asking local contractors to enter commercial leases for civilian aircraft located near bases, using rented platforms to provide sorties and preserve pilot flight currency as readiness rates across much of the fleet remain depressed.

2025-10-17T06:20:16.712059-07:00

USAF seeks civilian aircraft leases from local contractors to sustain pilot currency amid readiness shortfalls

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