Industry
ASELSAN Backlog Hits $30.7B in 2026 Q3 Results
"ASELSAN closed September 2026 with a $30.7bn order backlog, $14bn in new contracts and TL151.5bn in nine-month revenue, while scaling production capacity."
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Industry Coverage
164 articles
Industry
EDGE Completes Italian CMD Engine Acquisition
The UAE’s EDGE Group completed its acquisition of a controlling stake in Italian propulsion specialist CMD, following a conditional agreement announced in May.…
Industry
EDGE Reaches 1.5 Million-Round 40mm Line Capacity
EDGE says its LAHAB business has reached full-rate production on an automated 40×53 mm ammunition assembly line with a stated annual capacity of 1.5 million rou…
Industry
ASELSAN Counter-Drone Export Contract Worth $442.5M
ASELSAN signed a $442.5 million export contract for radar, counter-UAV and command-and-control systems; the customer, models and timetable remain undisclosed.
Industry
RTX Q3 Sales Reach $25B as Defense Backlog Hits $164B
RTX reported $25bn in third-quarter sales and a record $340bn backlog, including $164bn in defence. Raytheon grew 14%, while Collins and Pratt & Whitney added t…
Industry
Denmark Backs Fire Point With $113M Loan Guarantee for Missile Fuel Plant
Denmark guarantees financing for Fire Point’s planned rocket propellant plant in Vojens. The DKK 750m commitment strengthens the project, but production is not…
Industry
ASELSAN Signs 24-System ARSUS Export Deal in Poland
ASELSAN and AMZ Kutno agreed at MSPO 2026 to supply 24 additional ARSUS reconnaissance and surveillance system sets for the Polish Armed Forces. Deliveries are…
Industry
Hadrian and Lockheed Sign Seven-Year Missile Deal
Hadrian and Lockheed Martin announced a seven-year manufacturing agreement on 14 October 2026 to embed automated machining capability inside Lockheed Martin's M…
Industry
Kuwait Signs Conditional £370m MARSS Counter-Drone Deal
Kuwait has agreed a £370 million nationwide counter-drone system with MARSS, part of Australia’s Electro Optic Systems, combining the NiDAR command.
Industry
Anduril Unveils Steelfin Interceptor Family for Drones to Hypersonic Missiles
Anduril has unveiled Steelfin, a modular two-stage family of surface-to-air interceptor missiles designed to counter threats ranging from unmanned aircraft and…
Industry
Türkiye Showcases Layered Firepower at Ateş Serbest 2026
The Turkish Armed Forces are demonstrating a broad live-fire mix at Ateş Serbest 2026 in Polatlı, including indigenous sniper rifles, BORAN and PANTER artillery…
Industry
ASELSAN Signs $157.9M Export Contracts Across Six Defence Domains
ASELSAN has signed export sales contracts worth a combined $157.9 million with overseas end-users covering electronic warfare, electro-optics, seeker heads, sur…