MITS Capital, an American-Ukrainian investment group, announced on July 9 that it has invested in Dropla Tech, a Danish-Ukrainian defense technology company whose flagship system detects landmines, improvised explosive devices, and ambush drones in real time, though neither company disclosed the deal size or Dropla Tech’s current valuation. Dropla Tech’s core technology, called Blue Eyes […]

A next-generation stealth fighter that nearly stalled out over a funding dispute severe enough to cost two British officials their jobs has received a $6.1 billion vote of confidence from the three countries building it. The Global Combat Air Programme, known in Britain as Tempest, awarded an 18-month, £4.6 billion ($6.1 billion) contract on July […]