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News about Defense industry

The U.S. Navy has signed a major seven-year contract with Raytheon (the defense division of RTX Corporation) worth $22.9 billion. The deal is aimed at significantly increasing production of Tomahawk cruise missiles and related equipment.

Investments & Markets 17 August 2026
Tomahawk missile

U.S. President Donald Trump, responding to a question about missiles for Ukraine’s Patriot systems, stated that former U.S. President Joe Biden had provided Ukrainian President Volodymyr Zelenskyy with “a great deal of weapons worth $300 billion.”

Global Economy 7 August 2026
Patriot missiles

Donald Trump did not make any firm promises to Zelenskyy regarding the supply of missiles for the Patriot air defense system. This was stated to reporters by Olga Stefanishyna, Ukraine’s ambassador to Washington.

Politics & Economy 31 July 2026
Donald Trump

OVES Enterprise, a Romanian software developer, and eDrone, a Ukrainian drone manufacturer, will jointly produce military drones in Romania.

Global Economy 29 July 2026
Victor Yevpak and Mihai Filip

Ukrainian President Volodymyr Zelenskyy held closed-door talks with U.S. President Donald Trump at the White House on Tuesday, seeking diplomatic and military support from the White House in the war against Russia.

Politics & Economy 29 July 2026
Volodymyr Zelenskyy and Donald Trump

When World War II began in 1939, Canada had virtually no military-industrial base to speak of. But over the next six years, Canadian factories produced thousands of aircraft, hundreds of naval vessels, and more than 800,000 pieces of armored vehicles. A country with a population of just 11 million people transformed into a powerful military-industrial center.

Logos Press Exclusive 4 July 2026
NATO

U.S. automakers will begin manufacturing weapons, U.S. President Donald Trump said.

Global Economy 23 June 2026
Patriot

Kyiv has signed a number of military agreements with the countries of the “North Baltic Eight” in Tallinn. Latvia and Estonia will cooperate with Kyiv in the production of drones, while Norway will allocate funds for maritime drones for the Ukrainian Armed Forces.

Politics & Economy 10 June 2026
The Baltic States are strengthening military cooperation

Moldova, which will spend $110 million on defense in 2025, is ranked 133rd in the world on this indicator.

Global Economy 4 June 2026
military expenditures

German defense giant Rheinmetall announced on Tuesday a contract worth 5.7 billion euros to supply Romania with combat vehicles, air defense systems and naval vessels.

Business & Companies 3 June 2026
Rheinmetall