HUNTSVILLE, Alabama. Collins Aerospace is entering into a cooperative research and development agreement with the U.S. Army to develop best practices for developing processors for future vertical lift (FVL) platforms via Modular Open System Approaches (MOSA), the company announced in a statement.

MELBOURNE, Fla. L3Harris Technologies will purchase Viasat’s tactical data link (TDL) business for roughly $1.96 billion, a move L3 Harris officials say enables the company to expand resilient communication and networking capabilities to a larger user base across multiple domains.

As defense budgets swell among Western governments while the war in Ukraine rages on, major defense contractors are seeing profits surge, with two of them just announcing increases in their dividends.

AMSTERDAM. The military avionics industry is projected to register a combined annual growth rate (CAGR) of 4.99% between 2022 and 2030, with mission systems anticipated to account for one of the largest shares of expenditure globally, according to a new market study from Market Forecast, "Military Avionics -- Market and Technology Forecast to 2030."

WESTBOROUGH, Mass. High-resolution display maker Kopin Corporation has received an initial $3 million production order for a new weapon sight module.

ARLINGTON, Virginia. The U.S. Department of Defense has announced a $1.1 billion package in additional security assistance for Ukraine that includes funding for UAS radars, comms and surveillance systems, and more.

TROIA PENINSULA, Portugal. Drone manufacturer Tekever deployed a fixed-wing intelligence unmanned aerial system (UAS) during an exercise involving NATO navies off the coast of Portugal, the company announced in a statement.

CAMPINAS, Brazil. Embraer has delivered the first two SABER M60 2.0 radars to the Brazilian Army, which will use the radars in their anti-aircraft artillery units, the company announced in a statement.

WASHINGTON, D.C. GHGSat has won a contract to provide commercial small constellation satellite products to NASA for evaluation of their suitability for advancing the agency's science and application goals, NASA announced in a statement.

DALLAS, Texas. Lockheed Martin has won a $158 million contract from the U.S. Army to produce early operational capability (EOC) Precision Strike Missiles (PrSM), the second production contract received to date for the program, the company announced in a statement.

DUBLIN, Ireland. The global missile defense system market will grow from $23.92 billion in 2022 to $31.32 billion in 2026, with increased use of artificial intelligence (AI) a big factor in the market over that period.

HAIFA, Israel. Elbit Systems has won a $120 million contract from the Royal Thai Navy to provide Hermes 900 maritime unmanned aerial systems (UAS) and training capabilities, the company announced in a statement.

ARLINGTON, Va. The Defense Advanced Research Projects Agency (DARPA) has launched what it calls the Automating Scientific Knowledge Extraction and Modeling (ASKEM) program, under which it chose multiple research teams -- sourced from universities and companies -- that will look into the use of artificial intelligence (AI) approaches and tools to create, sustain, and enhance complex models and simulators for various use cases.

NEW YORK, New York. A new report predicts that the global small satellite market will be four times bigger in 2028 than it was in 2021, increasing from $5.8 billion to $22.9 billion over that period for a compound annual growth rate (CAGR) of 22.2%.

PLYMOUTH, United Kingdom. Collins Aerospace has won a contract from the United Kingdom’s Weapons Sector Research Framework (WSRF) to develop a navigation-grade Inertial Measurement Unit (IMU) to be used in future complex weapons platforms, the company announced in a statement.