CAE Inc. reported better margins than expected in its defence segment, as it waits for less profitable contracts to expire.

Defence Secretary John Healey has cancelled a £5million Ministry of Defence contract that sponsored "Formula Woke" electric ...

Cash from the stretched military budget was splurged on sponsoring a “Formula Woke” racing team, an audit of defence spending ...

Velico, Inc. has launched a groundbreaking collaboration with the South Texas Blood and Tissue Center (STBT), a subsidiary of San Antonio-based ...

Microsoft discontinues all development of the Hololens, including the military version –, which is taken over by Palmer ...

A U.S. Court of Federal Claims judge will hear Groundswell's claims that the Army favored Accenture Federal Services in the ...

A Jacksonville-based joint venture just landed a spot in two major military contracts. Find out how much they're worth and ...

Rep. Rashida Tlaib (D-Michigan) has called for a ban on defense contractor stock trading within Congress, saying it’s wrong that lawmakers are able to personally profit from approving hundreds of ...

A light aircraft under US military contract crashed in Maguindanao del Sur, Philippines, killing all four foreign passengers. The crash scene provided limited details, and identities remain unknown.

Taiwan's military has awarded a contract to Tron Future Tech for 26 anti-drone systems, marking a significant step in the island's efforts to counter unmanned aerial threats amid rising regional ...

Jeff Bezos has won what is thought to be his first military contract in Britain as Amazon seeks to forge closer ties with defence organisations. Amazon’s satellite venture Project Kuiper secured ...

For example, in 2023, a military unit in Sibiu, operating under the Directorate of Domains and Infrastructures of the Defence Ministry, awarded a contract exceeding 600,000 euros without VAT to ...