Ericsson has entered into a $3 billion partnership with Export Development Canada to accelerate investment in 5G, 6G and quantum technologies. The three-year agreement will provide financial and insurance support to expand Ericsson’s Canadian-led innovation and global projects, according to a Wednesday announcement from Canada’s export credit agency. The partnership is intended to deepen Ericsson’s...
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Category: Europe
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Saab Receives $274M Order for Sweden’s Future Fighter Concept Studies
Sweden’s Defence Materiel Administration has awarded Saab an order valued at about $274.1 million to continue conceptual studies for the country’s future fighter aircraft systems. The work will run from 2025 to 2027, Saab announced Tuesday. The new contract expands on an agreement signed in March 2024 for early conceptual studies. Saab said the order...
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Rheinmetall to Deliver $349M in Mobile Medical Facilities to Germany
Rheinmetall has received a contract to supply Germany with highly mobile, protected medical facilities under an initial order valued at more than $349 million. The award, finalized in September and placed with Rheinmetall Project Solutions GmbH, includes options for additional systems through 2040. Deliveries are expected in 2029 and will cover NATO Role 2B standards-compliant...
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Germany Orders $8.1B Armored Vehicles From General Dynamics, Rheinmetall
Germany is preparing to acquire 424 wheeled armored vehicles for the Bundeswehr in a procurement valued at about $8.1 billion, based on finance ministry documents cited by Reuters. The Bundestag’s budget committee is expected to review and approve the package in the coming days. The acquisition will be split into two major contracts. Reuters reported...
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Sweden Fast-Tracks Anti-Drone Program, Expands Gripen Fleet Capabilities in $527M Defense Boost
Sweden has announced over $527 million in new defense spending to accelerate its anti-drone programs and boost the operational readiness of its JAS 39 Gripen fighter fleet, underscoring a national drive to counter emerging aerial threats and strengthen air power resilience. About $369 million will fund new weapons, sensors and jamming systems to defend against...
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Italy Approves $52.4B Defense Budget, Meeting NATO’s 2% Spending Target
Italy has approved $52.4 billion in total defense expenditures for 2025, setting the stage for new contract opportunities as Rome accelerates modernization and procurement investments. The Ministry of Defence’s long-awaited budget shows a 7.2 percent increase from 2024’s allocation of just over $33.5 billion, with spending levels expected to hold steady through 2027. The higher...
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BAE, PragoData Partner to Advance Czech Military Readiness
BAE Systems has partnered with Czech IT company PragoData to strengthen integrated product support capabilities in the Czech Republic’s defense sector. BAE said the collaboration, combining its global expertise in integrated product support with PragoData’s local consulting experience, will aim to modernize Czechia’s defense support infrastructure and improve operational efficiency across its armed forces. Under...
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Raytheon Lands German Contract for SPY-6 Radar on F127 Fleet
Germany has selected RTX’s Raytheon-built AN/SPY-6 radar for its upcoming F127 frigates under a proposed Foreign Military Sales contract with the U.S. Navy, positioning the country as the first international customer for the advanced air and missile defense system. The planned deal would cover the delivery and installation of SPY-6(V)1 radars on eight F127-class ships,...
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Leidos to Modernize Kazakhstan’s Air Traffic Control System With SkyLine-X Platform
Leidos has signed a contract with Kazakhstan’s air navigation service provider to modernize the Central Asian country’s air traffic control infrastructure using its SkyLine-X Air Traffic Management system. The company said the project covers four air traffic control centers and 21 towers across Kazakhstan. Under the 19-year agreement, Leidos will replace existing hardware and install...
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Fortem Technologies to Supply CUAS to Allies in Europe, Middle East
Fortem Technologies has received orders from U.S. allies in Europe and the Middle East for 12 counter-unmanned aircraft systems designed to protect critical defense installations. Placed during the third quarter of 2025, the orders roughly doubled Fortem’s deliveries from the same period in 2024, reflecting rising global demand for counter-drone technologies amid increased rogue drone...