The UK Ministry of Defence has awarded a £2 billion, 15-year contract to Omnia Training, a consortium led by Raytheon UK, to deliver the British Army's new Collective Training System (ACTS). This system integrates virtual, synthetic, and data-driven environments to enhance soldier training for modern warfare, allowing training anytime and anywhere. The initiative will create 270 new jobs and sustain 150 existing ones, using UK-developed technology and partners. This contract marks a significant upgrade in military training capabilities and collaboration between the Army and industry.
At the NATO summit, President Trump secured $3 billion in deals for U.S. defense companies to expand production in Europe, enhancing NATO's missile and drone capabilities. Lockheed Martin will establish a Patriot missile sustainment facility and co-p...
Collins Aerospace has opened a new Engineering Center of Excellence in Wolverhampton, UK, featuring a modular test facility for electric thrust reverser actuation systems (elecTRAS™). This innovation reduces nacelle actuation weight by 15-20% and eli...
Raytheon, in partnership with the U.S. government and NATO allies, is conducting feasibility studies to qualify more European suppliers for AMRAAM missile components. This initiative aims to increase production capacity, speed up deliveries, and stre...
Raytheon is collaborating with European companies, including Diehl Defence, to double production of the Stinger missile amid increasing global demand. Diehl Defence will manufacture the guidance section, while Dutch suppliers will produce major assem...
Leo Nelissen proposes a $1 million 'All-American' investment portfolio combining 50% in an S&P 500 ETF (VOO) with six leading U.S. stocks across finance, energy, agriculture, aerospace/defense, and consumer sectors. The portfolio aims to balance broa...
