U.S.-based defense firm VisionWave Holdings has formed a Nevada-incorporated joint venture with Israel’s AIPHEX, alongside minority partners GBT Tokenize and GBT Technologies, to pursue large-scale defense and space-grade projects. The JV carries an internal valuation framework of about $5 billion, with VisionWave and AIPHEX each holding 46.76 percent, Tokenize 6.08 percent and GBT 0.40 percent,...
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Lockheed Martin Reaffirms Commitment to Poland’s Defense, Industry Growth
Lockheed Martin has reiterated its role as a long-term partner of Poland’s defense sector, highlighting investments and industrial partnerships in a recent company announcement. The company said it has invested $1.8 billion in Poland over the past decade, sustaining more than 6,700 jobs, including 1,500 at its PZL Mielec aircraft facility. “Lockheed Martin is proud...
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Edge Group’s Anavia Expands European Presence With New Switzerland HQ
Anavia, an Edge Group entity, has expanded its footprint in Europe with the opening of a new headquarters and research hub in Bilten, Switzerland. The site, launched in August, will focus on developing next-generation unmanned helicopters and rotorcraft systems while complementing the company’s manufacturing facility in Näfels. The Bilten facility will serve as Anavia’s engineering...
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Japan to Build $875M Multi-Domain Coastal Defense Drone Network
Japan has unveiled a new $875 million multi-layered littoral defense initiative that uses drones to counter amphibious invasions. The Synchronized, Hybrid, Integrated and Enhanced Littoral Defense program, part of a nearly $60 billion fiscal 2026 defense budget request that the government released on Aug. 29, will knit together unmanned aerial, surface, land and undersea vehicles...
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Collins Aerospace to Boost Aircraft Landing Gear Production in Poland
Collins Aerospace, part of RTX, has begun a 4,000-square-meter expansion of its Tajęcina site in Poland to boost landing gear output for commercial and defense aircraft. The Tajęcina facility, which opened in 2012, began expanding in November 2024, with completion slated for February 2026, RTX said in its Sept. 2 release. “This expansion builds on...
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Patria Expands Defense Digitalization With ILIAS Solutions Acquisition
Patria has completed its acquisition of Belgium-based ILIAS Solutions, expanding its digital sustainment and life cycle management capabilities for military customers. The Finnish defense group said the deal, announced in January and finalized Sept. 1, will integrate ILIAS’ defense software platform into Patria’s OPTIME service, supporting fleet management, depot-level maintenance and data-driven analytics. “This strategic...
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BIS Ends Export Loophole Allowing Semiconductor Tech Shipments to China Without License
The U.S. Department of Commerce’s Bureau of Industry and Security has ended a Biden-era expansion of export privileges that allowed select foreign semiconductor manufacturers to ship U.S.-origin technology to China without a license. The bureau said Friday it closed the loophole under the Validated End-User program, which permitted a handful of companies to export semiconductor...
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Hensoldt Names Sven Heursch as Head of Software-Defined Defence & Digitalisation
Former German Air Force officer Sven Heursch has joined Hensoldt as head of Software-Defined Defence & Digitalisation. Hensoldt said Heursch assumes a newly created position pivotal to the company’s North Star strategy, a plan to achieve growth, innovation and market leadership by transforming into a digital, solution-oriented defense provider. As software-defined defense and digitalization chief,...
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Austal Signs Shipbuilding Agreement With Australia for Tier 2 Surface Vessel Program
Austal Defence Shipbuilding Australia has signed a strategic agreement with the Australian government to produce the nation’s Tier 2 surface combatants. The agreement establishes a 15-year framework and designates Austal as the prime contractor. The company will oversee the design, construction and testing of the vessels. Key features of the agreement include a target-cost incentive...
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Swedish Defense Chief: Saab to Push ‘Attractive Offer’ for Peru’s Modern Fighter Jets
Swedish Defence Minister Pal Jonson said Saab is set to present an appealing offer for Peru to acquire its modern fighter fleet. The official disclosed the plan in an interview with Breaking Defense following a meeting with a delegation led by his Peruvian counterpart, Walter Astudillo. Astudillo and his team are travelling in Europe to conduct...