ReutersMike Stone

DoD to invest $1 billion in L3Harris Missile Solutions to secure rocket‑motor supply; IPO eyed 2026

The US Department of Defense will invest $1 billion in L3Harris's Missile Solutions unit via a convertible preferred security to shore up domestic rocket‑motor and propulsion supply chains, deepen government–industry ties and support a proposed Missile Solutions IPO targeted for 2026; L3Harris shares rose on the news.

FlightGlobalCraig Hoyle

EDGE and Indra form Spanish joint venture to produce loitering munitions for European programmes

By FlightGlobal: United Arab Emirates defence house EDGE has signed an agreement with Spanish company Indra "focused on the development, production and lifecycle support of loitering munitions and smart weapons for Spanish and European defence programmes".

2026-01-13T07:00:30.571908-08:00
Airbus

Airbus names Matthieu Louvot CEO of Airbus Helicopters, effective 1 April 2026

By Airbus: Airbus SE (stock exchange symbol: AIR) has appointed Matthieu Louvot Chief Executive Officer (CEO) of Airbus Helicopters, effective 1 April 2026.

2026-01-13T02:34:04.644349-08:00
FlightGlobalGreg Waldron

KAI finishes KF-21 four-year flight-test campaign two months early after 1,600 accident-free sorties

By FlightGlobal: Korea Aerospace Industries has completed flight testing of its KF-21 fighter two months ahead of schedule, with six prototypes accumulating 1,600 accident-free sorties since the programme's maiden flight in July 2022.

2026-01-12T20:47:57.963217-08:00