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UAV Development & Drone Programs   Europe   Defense Industry & Major Contractors  
Bloomberg • Yazhou Sun

Uforce valued at $6 billion after UK National Wealth Fund backs $700 million funding round

The UK National Wealth Fund has made its largest defense investment as part of a $700 million financing round for Uforce, a drone startup initially formed in Ukraine. The investment backs a company now valued at $6 billion, though the fund’s individual contribution was not disclosed.

Also: Reuters
2026-11-12T01:04:42.142509-08:00
UAV Development & Drone Programs   Satellite   Geopolitical Developments & Conflict Impact  
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AeroTime • Clement Charpentreau

Zelenskyy says Starshield speed cap returns, hindering Russian drone interceptions

By AeroTime: Ukraine says Starshield terminals again lose connectivity above 161 km/h, complicating the interception of Russian jet-powered drones.

Also: CNBC and Reuters
2026-11-12T01:49:22.914052-08:00
UAV Development & Drone Programs   Geopolitical Developments & Conflict Impact  
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aviationnews.eu • Rob Vogelaar

Russia Reportedly Loses Three Aircraft and Seven Crew Members During Ukrainian Drone Attack

By aviationnews.eu: Aviation News – Russia reportedly lost three military aircraft and seven crew members during a major Ukrainian drone attack on the Leningrad region on November 11, 2026.

Also: Air Data News
2026-11-11T22:04:55.878008-08:00
aviation   Hydrogen   Sustainability & Climate Initiatives  
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AINonline • Hanneke Weitering

Hydrogen Aviation Looks to the Ground for Revenue

By AINonline: Hydrogen aviation companies are turning to defense contracts, data center power, and airport ground equipment for near-term revenue while certified hydrogen aircraft slip further into the future, speakers said November 4 at the HySky Society’s Flying Hy 2026 symposium.

2026-11-12T02:05:11.191726-08:00
Defense Budgets & Spending   Defense Industry & Major Contractors   BAE Systems  
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Reuters

BAE Systems raises free cash flow forecast as demand remains strong

By Reuters: Britain's biggest defence company BAE Systems raised ​its annual free cash flow forecast by as ‌much as 50% on Thursday, benefiting from customer advances, while sticking to its profit growth forecast as ​governments boost military spend.

Also: Bloomberg and defence-blog.com
2026-11-12T00:05:26.889458-08:00
aviation   Aircraft Manufacturing (OEMs)   Defense Industry & Major Contractors  
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Reuters

Rolls-Royce announces £1.5 billion buyback as engine demand grows

By Reuters: Rolls-Royce said on Thursday its large ​engine order backlog had grown to ‌around 2,500 engines as it reported strong demand across its civil aerospace and ​defence businesses and reaffirmed its ​full-year guidance.

Also: FlightGlobal and Airline Economics
2026-11-12T00:05:28.118358-08:00
Singapore Airshow   Military Aircraft Procurement  
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FlightGlobal • Greg Waldron

Singapore pilots in advanced F-35 simulator exercise

By FlightGlobal: Southeast Asian city state poised to become the first regional operator of a fifth-generation fighter. Republic of Singapore Air Force (RSAF) fighter pilots have participated in a US Air Force simulated exercise with the Lockheed Martin F-35, as the city state awaits first deliveries of the type.

2026-11-11T23:05:17.946702-08:00