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IMF puts defence spending and conflict economics at centre of April outlook release
The IMF released analytical chapters on 8 April examining the macroeconomics of defence spending, conflict and recovery, placing security-driven fiscal pressures at the centre of its spring outlook cycle. The International Monetary Fund placed defence spending, conflict and post-war recovery…
Europe’s mini-jet engine bottleneck is constraining Ukraine’s deep-strike drone programme
Ukraine’s long-range strike drone effort is running into a practical constraint that sits well away from the front line: the supply of small turbojet engines. A fresh industry picture emerging on 7 April shows that specialist manufacturers across Europe are…
Rheinmetall chief’s drone remarks expose a wider defence-industry argument
Comments by Rheinmetall chief executive Armin Papperger about Ukrainian drone production have opened a broader argument about innovation, industrial scale and the future balance between heavy armour and cheaper unmanned systems. In an interview with The Atlantic, Papperger dismissed much…
UK and EU back on course for SAFE defence fund deal
European Council President António Costa says Britain and the EU are moving towards an agreement on UK participation in the bloc’s SAFE defence-financing instrument, reopening a file that had stalled and giving new weight to the wider reset in defence…
Macron and Merz to discuss FCAS as pressure grows on Europe’s flagship fighter project
French President Emmanuel Macron and German Chancellor Friedrich Merz are expected to discuss the troubled Future Combat Air System on the margins of the EU summit, as industrial conflict between Dassault and Airbus raises fresh doubts over one of Europe’s…
UK, Finland and the Netherlands explore joint defence financing and procurement mechanism
The United Kingdom, Finland and the Netherlands say they are exploring a new mechanism by 2027 to finance joint defence investment and procurement, in an effort to increase munitions availability, strengthen industrial capacity and improve military interoperability. The United Kingdom,…
Canada and the Nordics move to deepen defence-industrial cooperation
A joint statement from Canada and the Nordic countries places defence production, procurement, resilience and support for Ukraine at the centre of a wider effort to tighten security cooperation among like-minded states. Canada and the five Nordic countries have agreed…
US Army signs major Anduril agreement for drones, software and battlefield integration
The US Army has awarded Anduril Industries a 10-year enterprise contract with a ceiling value of up to $20 billion, in a move that underlines the Pentagon’s growing reliance on commercial software, autonomous systems and integrated battlefield networks. The agreement,…
At BEDEX, SkyFall explains the speed of Ukraine’s wartime drone innovation
Interview conducted by Gary Cartwright, Editor of DefenceMatters.eu, at BEDEX in Brussels. Ukraine’s SkyFall is now among the most prominent drone manufacturers to emerge from the war with Russia. Established after the full-scale invasion in 2022, the company says it…
Europe’s Defence Industry Enters a New Age
Across the continent, defence companies are expanding production, unveiling new technologies, and attracting unprecedented levels of investment. What once seemed a slow and fragmented sector is now transforming into a dynamic engine of security, innovation and economic growth. The developments…
