Expeditions Closes €197 Million Fund to Back Europe's Defense Technology Sector

Defense-focused venture capital firm Expeditions has completed a €197 million second fund to invest in early-stage European defense and dual-use technology companies. The fund will target technologies intended to strengthen Europe's industrial base.

Skapion Raises $36 Million to Develop Counter-Drone Swarm Systems

Israeli defense technology company Skapion has raised $36 million in seed funding to advance systems designed to counter coordinated drone swarm attacks. The company is targeting a growing air defense gap as low-cost unmanned systems challenge existing interception models.

South Korea and Romania Seek to Broaden Partnership Beyond Defense Industry

ANKARA, Turkey – South Korea and Romania are looking to expand their bilateral relationship beyond defense cooperation, with both governments identifying nuclear energy and industrial collaboration as priorities during a meeting between President Lee Jae Myung and Romanian President Nicusor Dan on the sidelines of the NATO Summit. Lee described Romania

HAVELSAN's ADVENT Combat Management System Enters Service with Romanian Navy

HAVELSAN's ADVENT Combat Management System has entered operational service with the Romanian Navy, marking its first deployment by a NATO member. The delivery expands the Turkish-developed system's international footprint and strengthens defense industrial cooperation between Türkiye and Romania.

Albania Joins Founding Members of New Defense Financing Bank at NATO Summit

Albania is set to become one of the founding members of the new Defence, Security and Resilience Bank (DSRB), a multinational financial institution designed to support defense investment and industrial capacity.

CSG Completes Propellant Technology Transfer to MESKO to Expand Polish 155 mm Ammunition Production

CSG has completed the transfer of propellant production technology to Poland's MESKO, adding a domestic capability for manufacturing a critical component of 155 mm artillery ammunition.

Bulgarian Prime Minister Confirms End of Military Aid Deliveries to Ukraine

Bulgaria will no longer transfer weapons and ammunition from its military stockpiles to Ukraine, Prime Minister Rumen Radev said. Sofia indicated that future support will focus on other forms of cooperation rather than additional arms deliveries.

Lockheed Martin and Rheinmetall Advance Plans for European ATACMS Missile Production

Lockheed Martin and Rheinmetall have signed an agreement to establish ATACMS missile production in Germany. The initiative would create the first manufacturing capability for the system outside the United States and expand Europe's long range precision strike industrial base.

Bulgaria’s Budget Crisis Raises Questions Over Defense Funding Stability

Bulgaria faces mounting fiscal pressure as record spending and rising debt expose delays in public finance reform. The situation could complicate long term defense planning as Sofia balances NATO commitments with EU deficit rules.

France Signals Openness to Potential SAMP/T Air Defense Sale to Turkey

France has eased its long-standing opposition to a potential sale of the Franco-Italian SAMP/T air defense system to Turkey, according to sources familiar with the discussions.

Poland to Produce Anduril Barracuda Cruise Missiles Under New PGZ Partnership

Poland has signed an agreement with U.S. defense technology company Anduril Industries to establish European production of the Barracuda-500M cruise missile. The program will make Poland the first European manufacturing base for the system while expanding PGZ's missile production capabilities.

Canada Commits Additional €64 Million to Military Infrastructure in Latvia

Canada will invest an additional €64 million in military infrastructure supporting its NATO brigade deployment in Latvia. The funding will expand training facilities and accommodation as Allied forces continue to strengthen NATO's eastern flank.