Defense Industry

Romania now owns 18 former Royal Netherlands Air Force F-16AM/BM fighters that had already been flying from the 86th Air Base at Fetești as part of the European F-16 Training Center. The aircraft remain assigned to the training mission at Fetești, where

Boeing reported about $23.3 billion in third-quarter revenue, including a core loss driven by a $4.9 billion charge tied to the commercial 777X program’s updated certification schedule. Free cash flow was slightly positive, and the FAA cleared a step-up of 737 production

Norway and NHIndustries signed an out-of-court settlement on November 3 that ends litigation over Oslo’s canceled NH90 maritime helicopter program. Officials confirm the agreement includes €305 million in cash plus roughly €70 million previously drawn under bank guarantees. The Oslo District Court

PGZ signed cooperation agreements with Babcock, Fincantieri, and Saab on Sept 2 at MSPO 2025 in Kielce. Each document references industrial work in Poland related to the Orka submarine procurement. The government set a decision path that keeps the award inside 2025

Norway chose the United Kingdom’s Type 26 design for its next frigate fleet and set the contract value at about £10 billion, roughly $13.5-$14 billion. Oslo named the UK a strategic partner and confirmed a minimum buy of five ships. The selection

The Pentagon has finalized a $12.5 billion contract action to complete Lot 18 of the F-35 and to fund production and delivery of Lot 19, bringing the combined value of the two lots to about $24.3 billion when paired with the earlier

The Joint Program Office and Lockheed Martin closed a $24.3 billion agreement for 296 F-35s covering production Lots 18 and 19. The package locks in 148 aircraft per lot and ends a two-year negotiation cycle that started after an undefinitized award used