Italian shipbuilder Fincantieri commands roughly $24.98 billion of the global naval‑defence market, backed by 43 units spread across six countries. Its export push has centered on the U212 NFS submarine and the FREMM‑class frigate, both of which have attracted interest in Poland and Indonesia but have yet to secure large orders outside Europe. Analysts see Asia and the Middle East as the next growth frontier, where rising maritime security budgets could translate into new submarine and frigate contracts. Success in these regions would diversify Fincantieri’s revenue base and reduce exposure to a slowing European defence spend.
The British Army’s Project Stokes aims to field a new 120 mm Light Mounted Mortar Variant‑Hinge, with bids due by the end of March 2026 following a late‑2025 request for information. The programme revives the historic Stokes name and seeks a domestically...
L3Harris has begun modifying Bombardier Global 6500 jets for South Korea’s airborne early warning and control (AEW&C) program, deploying its AERIS X system. The contract, valued at roughly US $2.26 billion, was awarded in October 2025 and involves partners Bombardier, Israel Aerospace Industries, Elta...
Saudi Arabia’s uncrewed aerial vehicle market is estimated at $13.54 billion, making it the world’s fourth‑largest after the United States, India and Germany. Approximately 32 % ($4.36 billion) has already been spent, while the remaining $9.18 billion is tied up in uncontracted programmes, mirroring...
The third World Defense Show (WDS) in Riyadh expanded by nearly 60% since its 2022 debut, drawing 1,486 exhibitors from 89 countries and 513 official delegations. Attendance reached 137,000 visitors, and the event facilitated 60 contracts totaling SAR 33 billion (US$ 8.8 billion). Large‑vehicle...
Israeli active protection systems Trophy and Iron Fist have secured new contracts, underscoring a rapid shift toward vehicle‑centric defense solutions. Originating from Russian concepts in the 1970s, APS technology matured in the 2000s thanks to Israeli innovation. Both systems are modular...
Airbus announced a major A400M upgrade at the World Defense Show 2026, targeting a payload increase from 37 tonnes to 40 tonnes through software and trim‑flight‑control enhancements. The company highlighted that 137 aircraft have already been delivered to ten customers, with 41...
The European Commission approved a €90 billion loan to Ukraine for 2026‑27, allocating €60 billion specifically for defence. Commissioner Valdis Dombrovskis announced the package on 4 February 2026, aiming to sustain Ukraine’s military procurement through 2027. The financing opens a sizable market for European...
At the World Defense Show 2026, Aselsan announced plans to cooperate with European defence firms, marking a strategic shift for Turkey’s defense sector. The company, which designs the Steel Dome air‑defence system, also supplies the Akkor active‑protection system and the...
The U.S. Navy’s newly announced Hedge Strategy seeks to rebuild its surface fleet around lethal, modular and affordable platforms. By emphasizing flexibility and cost‑effectiveness, the plan aims to halt the chronic schedule slips and budget overruns that have plagued recent...
At the World Defense Show 2026 in Riyadh, Kalashnikov unveiled the RUS‑PE loitering munition, a cannister‑launched, man‑portable system with an approximate 40 km range. The company said the weapon is already in service and entering low‑rate initial production, while development continues...
Raytheon and the U.S. Navy are assessing broader uses for the Mk 58 Compact Rapid Attack Weapon (CRAW), a torpedo originally built for Virginia‑class submarines. The system is transitioning from prototype to an operationally ready weapon, praised for its affordability and...
At the World Defense Show 2026, MARSS introduced Nation Shield, the latest version of its NiDAR command‑and‑control platform. The system extends C2 capabilities to dismounted troops and vehicle units, delivering a unified operating picture from the edge to mission command....
The World Defense Show 2026 highlighted a $63.5 billion Middle East vehicle procurement market projected through 2036, with nearly half ($31.7 billion) tied to unawarded programmes. The unawarded segment covers almost 10,000 vehicles, dominated by main battle tank contracts for Bahrain, Turkey...
Singapore’s ST Engineering unveiled the Vantrex, a new 6×6 infantry fighting vehicle at the World Defense Show 2026. The design merges the lower chassis of the Terrex s5 with a commercial‑truck‑derived upper structure, positioning it between the company’s Rhino 4×4...
At Singapore Airshow 2026, Israeli defence firm Rafael unveiled two new Spike family effectors – the L‑Spike 1X, a section‑level ISR and loitering munition, and the L‑Spike 4X, a battalion‑scale loitering missile. CEO Yoav Turgeman stressed that customers now demand battle‑proven systems...
Russia’s state‑owned Rostec introduced the BTR‑22 infantry fighting vehicle at the World Defense Show in Riyadh. Branded as a “Kalashnikov on wheels,” the IFV incorporates a V‑shaped hull and anti‑traumatic seating to boost crew survivability. Its internal layout reflects combat...