Economy

Air defence has become one of the most sought-after capabilities in modern security, and few systems are more closely associated with it than the Patriot. With interceptors supplied by Lockheed Martin, the Patriot has long been a cornerstone of allied air-defence networks. So when …

Key TakeawaysA persistent Patriot missile supply crunch has pushed delivery timelines for some interceptor orders out by several years, raising procurement risk for US allies.Surging global demand for air defence, combined with constrained production capacity for the PAC-3 interceptor, has tightened the market for …

Key TakeawaysCammell Laird, one of Britain’s most storied shipyards, has changed ownership at a moment when UK defence and naval spending appears set to rise.The Merseyside yard combines commercial shipbuilding, ship repair and defence-related work, giving a new owner exposure to several segments at …

At first glance, it seems paradoxical. Governments across Europe are committing to spend more on defence than they have in years, responding to a security environment widely seen as more dangerous than at any time in recent memory. Order backlogs at defence companies have …

Key TakeawaysReported missile-related talks involving German defence group Diehl point to a new phase in Europe’s effort to expand weapons production in support of Ukraine.The push reflects a broader shift from supplying existing stockpiles toward building sustainable, expanded manufacturing capacity across the continent.Localising and …

European defence cooperation is entering a new and more ambitious phase, and one of the clearest signals is the prospect that Ukrainian missile production could move to, or be mirrored in, Germany. Industry discussions suggest that defence groups on both sides are examining a …

Key TakeawaysReported friction between Germany and France over their joint next-generation fighter programme has raised doubts about the project’s future shape.The disagreements centre on workshare, leadership, technology control and industrial decision-making between the partner nations.Europe has multiple paths forward, including reconfigured partnerships, parallel national …