Finance news

Defense: Drone sightings are increasing – this is how the Bundeswehr is protecting the ILA

According to the Bundeswehr, drones are increasingly being spotted across Germany. A sergeant major explains which devices the Air Force's Object Protection Regiment “Friesland” uses at the International Aerospace Exhibition (ILA).

Defense: Pistorius: Decision on new fighter jet is still pending

After the FCAS exit, new project partners are being sought for a new fighter jet. Some German companies are willing to participate. But the minister asks for time to examine it.

Starmer says he won’t ‘walk away’ after minister Healey’s shock resignation

British Prime Minister Keir Starmer on Friday ⁠rejected the ⁠idea that he had ⁠lost authority in his role, and said he would fight to keep his job, adding that anyone who wanted to replace him would have to deal with the same financial ‌constraints. The comments come a day after Defence Minister John Healey delivered a fresh blow to the prime minister’s already weakened leadership by quitting and accusing Starmer of being unable to commit the resources needed to keep the country safe, in a dig..

USA: A Pentagon military advisor is fighting for the future of US troops in Germany

Eric Geressy was Pete Hegseth's superior during the Iraq War. Today, as the Defense Minister's strategist, he wants to secure the presence of the US armed forces in Germany. A portrait.

US plans major cut to jets, warships for NATO operations in Europe, NYT reports

The United States reportedly plans to significantly reduce the aircraft and warships it makes available for NATO operations in Europe.

China’s ban on Philippine defence chief and family seen as warning shot to Manila

China’s decision to ban Philippine Defence Secretary Gilberto Teodoro Jnr and his family from Chinese territory has taken Beijing’s maritime feud with Manila into unusually personal territory, with analysts saying the move appeared aimed at warning other Philippine officials against taking a hard line. The sanctions, announced by China’s foreign ministry on Thursday following Teodoro’s recent criticism of Beijing, also prohibit Chinese organisations and individuals from engaging in transactions,

Humvee maker AM General to pitch unmanned ground vehicle at Eurosatory trade show

The Ukrainian military aims to contract 25,000 unmanned ground platforms in the first half of this year, more than doubling its 2025 total.

‘The threat is there’: Germany to pair P-8s with MQ-9 drones to keep an eye on Russian subs

“The MQ-9B will be the first [unmanned] system we operate with it — the idea is to have those working closely with the aircraft, but step by step,” said Capt. Broder Nielsen, head of the German Naval Aviation Command.

Defense: Dassault and Airbus are apparently also arguing about the drone project

Eurodrone is being developed jointly by France, Germany, Italy and Spain and is intended to be an alternative to the US Reaper. Now the project is probably on the brink.

Defense: Government is probably aiming for a European solution for fighter jets

After the end of FCAS, Chancellor Friedrich Merz would like to work on a European solution for a fighter pilot - also to counteract fears of Germany going it alone.

PHOTOS: The sights of Berlin Air Show 2026 on Day 3

A selection of photos from the Breaking Defense team on the ground in Berlin.

Paris defense show may be last chance to buy before war, CEO says

Surging defense spending means Eurosatory is bigger than ever this year, with the number of exhibitors rising 30% to more than 2,600, per the organizer.

Leonardo in ‘advanced’ talks to expand Italian Army’s AW-249 combat helicopter fleet

One of the use-cases envisaged for the platform could be to “fly at high-speed and low-level in order to penetrate deep into enemy territory,” Marco Marinoni, head of the AH-249 acquisition program in the Italian Army, said.

Exclusive: Ukraine's drone commander wants to cut Crimea off from Russia

Same supply corridor as the Mariupol port and Chonhar bridge strikes this week, now with a name attached to the plan. Brovdi, call sign Madyar, runs Ukraine's drone forces. He told Reuters traffic on the Novorossiya highway is down by more than two thirds in the past month. That road is the main overland route from Rostov into Crimea. He thinks full control of it is about a month out. His numbers, which Reuters says it could not verify: 174 Russian air defence systems destroyed in five months, a

Israel’s Elbit Systems, Germany’s Diehl Defence team on SkyStriker pitch for Berlin

Elbit said that the deal will include local manufacturing and assembly of the system with Diehl, to support “the development of sovereign capabilities and strengthening the German defense industry.”

Deep-sea cable cutting can be a weapon of deterrence like nukes, RETN CEO says

The vulnerability of submarine cables during conflicts has made seabed infrastructure a fresh concern for global communication and maritime safety, prompting 17 Asian and European nations to step up collaboration on defence strategies in recent months. But the two largest marine powers, China and the United States, were not among those countries. From the blow-up of the Nord Stream pipeline to the development of new technology such as China’s deep-sea cable cutter, the seabed has become the...

As F-35 readiness lags, Pentagon seeks $13.7 billion boost: GAO

The F-35’s full mission capable rate fell to to 25 percent in FY25, the government watchdog found.

Taipei envoy sees US$14 billion arms package moving ahead under Trump

Taiwan’s representative to the United States expressed confidence that Washington would approve a new round of arms sales to Taiwan, though US President Donald Trump has yet to make a decision on the matter. Asked on Thursday about a pending US$14 billion US arms sale to Taiwan, Alexander Tah-ray Yui, Taipei’s de facto diplomatic envoy, told CNN: “It’s up to President Trump to decide. Once the review is done, we expect that the sale, that the announcement will be made because we need those arms.

Biotech firm WuXi sues US over allegations it supports China’s military

A Chinese biotechnology company sued the US government on Thursday over being placed on a list of businesses from China that the ‌US Department of Defence has linked to that country’s military. WuXi AppTec filed its complaint in the Washington federal court, calling its inclusion on the list arbitrary, capricious, unsupported by the facts and “the product of political pressure”. It also accused the US government of inflicting substantial reputational and operational harm by branding it a...

Drones hover at center of Taiwan's defense debate

Change of minister: Dan Jarvis is the new British defense minister

Shortly after incumbent John Healey resigned in a dispute over his budget, Prime Minister Starmer found a successor for the defense portfolio. The new guy has military experience himself.

After FCAS’s fall, Airbus and ‘Team Gen 6’ line up for new future fighter

Jean-Brice Dumont, head of airpower at Airbus Defence and Space told reporters today that despite the FCAS fighter collapse, “we have not wasted our time,” stressing that technologies linked to the defunct plane can be reused.

Saronic, Castelion to pair Marauder MUSV with Blackbeard hypersonic capability

The firms said a maritime launch demonstration is slated for 2027.

Talking Italian attack helos and skyrocketing air defense demand at the Berlin Air Show

Breaking Defense’s Tim Martin and Elisabeth Gosselin-Malo cover Day 2 of the German aerospace expo.

UK defense secretary resigns over military spending, in fresh blow to Keir Starmer

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Trump vows to seize Iran’s Kharg Island

Kharg Island, the linchpin of Iran’s oil industry, has once more come under focus amid a fraying ceasefire.

SASC’s $1.14T defense policy bill creates combatant command for drones

SASC members voted the bill through committee in a 18-9 vote on Wednesday.

El Nino is back – and it could be ‘one for the history books’

The phenomenon El Nino has arrived, the US weather agency said on Thursday, and scientists expect the pattern synonymous with droughts, floods and soaring temperatures will intensify into the end of the year, potentially to historic strength. El Nino is a natural climate occurrence that warms surface temperatures in the central and eastern equatorial Pacific Ocean, bringing worldwide changes in winds and rainfall patterns and erratic weather. Scientists fear it will exacerbate the heat of a...

Some Pentagon workers ordered to shelter in place as air quality issue is investigated

The Pentagon is the world's second-largest office building and is the workplace for thousands of military and civilian employees of the Defense Department.

Europe facing ‘Catch-22’ over US weapon sales, top Polish general warns

“When they come to the US and say, ‘We would like to buy the system’ …they are told, ‘Okay, but [it will be delivered in ] 2029-2030 and you know, it still could be delayed,’” said Poland’s Military Representative to NATO, Lieutenant General Piotr Błazeusz.