Vietnam seeks to boost domestic defence industry as it hosts arms fair

Vietnam showcases its local weapons industry at an international arms fair, aiming to enhance defense capabilities and promote exports amidst diverse global participants, including rivals.

BAE Systems, Leonardo, Mitsubishi to develop sixth-gen fighter jet

BAE Systems, Leonardo, and Mitsubishi Heavy Industries are launching a joint venture for a sixth-generation stealth fighter jet, aiming for operational use by 2035.

US approves $300 million potential sale of maintenance equipment to Kuwait

The U.S. State Department has approved a $300 million sale of vehicle maintenance equipment to Kuwait, with multiple prime contractors involved.

China slaps sanctions on 13 US military firms over Taiwan arms sale

China imposes sanctions on 13 U.S. military firms in response to arms sales to Taiwan, undermining its sovereignty. It also freezes executives' assets and restricts interactions.

Space firms plot new European satellite venture to take on Starlink as job cuts loom

Airbus, Thales, and Leonardo are planning a joint venture, Project Bromo, to compete with Starlink, amidst industry job cuts and challenges in the satellite sector.

U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 0.29%

US finalizes awards to BAE Systems, Rocket Lab for semiconductor chips

In a Trump win, 'buy-the-dip' opportunity seen in European defence

Trump's potential victory could boost European defense stocks despite risks of volatility from a Ukraine ceasefire, prompting analysts to advise hedging strategies.

US State Dept okays defense sales to India, Italy, Romania for $965 million

The U.S. approved military sales worth $965 million to Italy, India, and Romania, covering torpedoes, radar, and electronic systems, with major contracts awarded to RTX Corp and BAE Systems.

European energy, defense firms rise amid escalating Middle East tensions

European energy and defense stocks rose as tensions in the Middle East persist, with notable increases in oil prices and strategic concerns regarding potential responses from Israel and the U.S.