
German shipbuilder TKMS says it remains on track to deliver the first MEKO A-200 DEU frigate in 2029 after Germany cancelled the delayed and over-budget F126 programme, while reaffirming plans to buy eight new warships.

Rheinmetall has won a high three-digit million-euro contract to supply Skyranger 30 short-range air-defence systems to the Dutch Defence Ministry. Deliveries of the mobile and dismounted systems are scheduled to begin in 2028 and conclude by 2029. The order also includes command-and-control nodes, transport platforms, simulators and logistics support for integration into the Netherlands’ existing air-defence architecture.

Global defence revenues surged to a record $679 billion in 2024, driven by the wars in Ukraine and Gaza and rising geopolitical tensions, according to new SIPRI data. The world’s 100 biggest arms makers saw sales grow 5.9 percent, with strong increases in Europe and steady dominance by U.S. firms. SpaceX entered the Top 100 for the first time, while China posted a rare decline due to procurement disruptions.