United States-based defense tech firm Shield AI has signed a binding agreement to purchase Echodyne, which specializes in making radars, in a deal worth $5.3 billion, enhancing its portfolio of counter-drone technologies and military sensing systems. The deal was announced on November 5, 2026, and will help
On November 5, 2026, Viasat was contracted by the United States Space Force to provide a Mission Operations Center (MOC) for the Space Data Network (SDN) Backbone, a satellite communications effort for the U.S. military, which is anticipated to benefit the Pentagon's Golden Dome missile defense system
According to GE Aerospace, the firm is behind the signing of more than $12.9 billion sales and services deals in China – making it the highest ever at the China International Import Expo (CIIE). The deal, which was announced on November 6, involves aircraft engines, spare parts, maintenance and other
Jet Airways’ liquidators have approached the National Company Law Appellate Tribunal (NCLAT), where the tribunal has already ruled against their application seeking recovery of $92.13 million from American aircraft maker Boeing. The sum includes advance and pre-delivery payments made for planes which were not delivered to Jet Airways.
The investigation into the fatal accident involving the Learjet 60 airplane in Palm Beach County, Florida, uncovered pieces of the plane several miles away from the site of the crash. The findings have sparked many questions about how exactly the airplane came down. In accordance with information obtained through updates
The 2026 US midterm elections represent a severe political blow to President Donald Trump in that the Democrats have gained control of both the House of Representatives and the Senate. The implications of these developments will be felt not only within the political arena in Washington but also way beyond
A business plane Learjet 60, which was taking off from Austin, Texas, to North Eleuthera Airport, Bahamas, crashed in Palm Beach County, Florida on November 1. There were nine passengers onboard the airplane. It crashed in an area near Greenacres, west of West Palm Beach. There was a big fireball
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Pentagon has released a budget amounting to $30.9 billion for its Military Intelligence Program (MIP) in the fiscal year 2026. This budget has increased by about $3 billion compared to last year’s budget. The budget was revealed on October 30, 2026, as the US continues to focus on
The US approved a potential $2.1 billion sale of 500 Patriot PAC-3 missiles to Ukraine, funded by Canada, Germany, Norway and EU-backed financing.
Iran uses a clandestine network of more than 5,000 companies involved with defense organizations to smuggle military equipment into the country despite the imposition of sanctions by the Western world and a blockade of Iran by the U.S. Navy, as revealed by a Reuters investigation reported on October
The United States Air Force needs to think about designing a new aerial refueling aircraft in view of the increasing threats from China, says a recent report by the Hudson Institute. The report, entitled Resilient Reach: Redesigning Aerial Refueling for Contested Global Operations, suggests that the tankers used by the
The U.S. Air Force has signed a $694 million deal with Lockheed Martin for the manufacture of the AGM-183A Air-Launched Rapid Response Weapon (ARRW) hypersonic missile, marking a significant shift from the testing phase to production of the controversial missile. The contract, which was signed on September
The U.S. Norwegian startup company that specializes in defense products, Heaviside Industries, has announced TYR, which is a light weight loitering munition capable of performing strike missions on armored targets and others. The unveiling of the system happened on October 12, 2026 at the Annual meeting of the Association
Allegiant Air, the low-cost American airline, has exercised its purchase options for an additional six Boeing 737-8 MAX planes in accordance with the earlier contract between the company and the manufacturer. The announcement was made on October 23, 2026, and constitutes one part of the airline’s plan
It is reported that the joint venture of Leonardo of Italy and Rheinmetall of Germany, Leonardo Rheinmetall Military Vehicles, has won two contracts from the Italian Army totaling €3.7 billion ($4.16 billion). As per a Reuters report, citing the financial newspaper MF of Italy, the contracts include new
Lockheed Martin and the U.S. Department of War signed a framework agreement valid for ten years on October 22, 2026, for the procurement of not less than 850 F-35 Lightning II aircraft by the U.S. military. The agreement applies to lots 21 to 30 and is designed
L3Harris Technologies has been awarded an $876.4 million contract modification by the U.S. Navy for developing its Next Generation Jammer Low Band (NGJ-LB) electronic warfare aircraft system to interfere with enemy radar and communication systems. The contract was made public on October 19, 2026, to support the
Karman Space & Defense has entered into a seven-year contract worth $218 million with Lockheed Martin to provide protection shrouds for the Terminal High Altitude Area Defense (THAAD) missile defense system. On October 20, 2026, Karman announced that the deal will help boost THAAD production as the country and
Uzbekistan and the United States have signed 54 deals worth $12 billion in various industries, including energy, minerals, agriculture, transport, and technology. The agreements were announced on October 19, 2026, during the visit of US Secretary of State Marco Rubio to Uzbekistan. The deals point to the efforts of both