Leonardo DRS raised its full-year 2026 forecast on October 29 after reporting third-quarter revenue of $1.066 billion, up 11% from a year earlier, as demand for tactical radars, naval power and propulsion systems and space sensors drove the gain. Orders grew even faster than sales, with the Arlington, Virginia-based defense electronics maker booking $1.64 billion […]

Norway’s Kongsberg ended the third quarter of 2026 with a record order backlog of NOK 174.2 billion (about $18.8 billion), after taking in NOK 23.3 billion (about $2.5 billion) in new orders, more than double the NOK 9.5 billion it booked in the same quarter last year. The defense group reported on Oct. 29 that […]

ASELSAN, Türkiye’s largest defense electronics company, ended the third quarter of 2026 with a record order backlog of $30.7 billion, after adding $7.5 billion in a single quarter and passing the $30 billion mark for the first time in its history. The Ankara-based company reported its results for the first nine months of the year […]

Lockheed Martin plans to open a dedicated maintenance facility in Poland for Patriot PAC-3 interceptors, the company announced Tuesday. The PAC-3 Missile Maintenance Facility is being set up in coordination with the U.S. government and will serve NATO allies that operate the interceptors. The site will repair and recertify the missiles. According to the company, […]