EU lawmakers give digital euro the green light, but rollout still years away
EU lawmakers on Thursday backed kickstarting negotiations on creating a digital version of the euro, as the European Union races to introduce the currency.
International
Trump says US will give Ukraine licence to build Patriot missiles
The United States will grant Ukraine a licence to manufacture Patriot missile interceptors domestically, President Donald Trump announced from this week’s NATO summit – as Kyiv’s stockpile of the US-made air defence system runs critically low amid int…
UK to lead European initiative to fund next generation of long-range missiles
The United Kingdom, France, Germany and other European countries will spend more than $50 billion over the next 10 years to develop long-range precision weapons in a boost to NATO’s defence capabilities, the UK government announced on Wednesday.
Western Europe records hottest ever June as climate change drives heatwaves
Western Europe experienced its warmest June on record, as a heatwave at the end of the month in many countries broke temperature records. The confirmation from the European Union’s climate monitor comes as many countries are facing a third heatwave th…
Trump Says U.S. Will Grant Ukraine License To Build Patriot Interceptors
President Donald Trump said Wednesday the U.S. will allow Ukraine to build its own interceptors for the Patriot air defense system. “One of things we’re going to be talking about […]
UK Plans To Join U.S. Army’s PrSM Program, Will Invest $254 Million
The United Kingdom announced on July 7 it intends to join the U.S. Army’s Precision Strike Missile (PrSM) program, with plans to invest $254 million into buying the Lockheed Martin […]
Raytheon Working With European Firms To Build Stingers In Netherlands, Double Production Capacity
RTX [RTX] has said its Raytheon business is working with Diehl Defence and other European partners to establish Stinger missile manufacturing capacity in the Netherlands, with an aim to double […]
NATO To Buy Up to 10 Saab GlobalEye Aircraft to Help Replace Alliance’s AWACS Fleet
NATO is to buy up to 10 GlobalEye aircraft by Sweden’s Saab that may replace nearly all of the alliance’s aging 14 Boeing [BA] E-3 Airborne Warning and Control System […]
Trump lashes out at NATO allies over Greenland and Iran, targeting Spain
United States President Donald Trump lashed out at NATO allies on Wednesday at the organisations’s summit in Ankara, as the fallout from his war on Iran threatened to overshadow the gathering.
Raytheon Qualifying More European Suppliers for AMRAAM, Company Says
In a bid to boost production of the AIM-120 Advanced Medium-Range Air-to-Air Missile (AMRAAM), RTX‘s [RTX] Raytheon is qualifying more European suppliers for the missile, the company said on Tuesday […]