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Global Defense

Honeywell Expands ITAR-Free Defense Technology for Europe

Honeywell Aerospace is expanding its portfolio of ITAR-free defense technologies to meet growing demand from European nations seeking to reduce reliance on U.S. export-controlled components. The company is expected to unveil a new ITAR-free...

Lockheed Martin to Acquire Ultra Maritime for $3.45 Billion

Lockheed Martin has agreed to acquire naval defense company Ultra Maritime from private equity firm Advent in a deal valued at $3.45 billion, Advent announced on Monday. The acquisition strengthens Lockheed Martin’s position in...

NATO Drills in U.S. Highlight Strong Military Cooperation Despite Political Strains

NATO forces carried out a series of large-scale military exercises off the coast of North Carolina as part of the U.S.-hosted FLEETEX 250 drills, showcasing the alliance’s operational strength despite growing political tensions. Reuters,...