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Pentagon takes $1bn stake in L3Harris missile unit to boost rocket motor production
The Pentagon is making an unprecedented $1 billion equity investment in L3Harris’s Missile Solutions division, which will be spun off as a standalone company to expand production of solid rocket motors critical to guided weapons and space systems.
US defence sector outlook optimistic despite Trump stock-buyback threat
Major US defence manufacturers maintain a strong financial outlook despite a White House executive order prohibiting stock buybacks and dividends for firms deemed to be underperforming on contracts.
Southeast Asia accelerates fighter procurement amid heightened geopolitics
Regional air forces are recapitalising combat fleets as geopolitical tensions prompt governments to prioritise defence capabilities, with Indonesia, the Philippines and Thailand leading procurement efforts despite funding constraints and fragmented acquisition strategies.
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