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10 Jun 2026

Norway’s Kongsberg sets $10bn revenue target for 2029

Norwegian defence prime Kongsberg Gruppen is targeting annual revenue of Nkr100bn ($10bn) in 2029, from Nkr33bn in 2025. The company launched the new targets during its Capital Markets Day on…

09 Jun 2026

Bayou Metal launches production line for HII ROMULUS USVs 

Bayou Metal Supply & Manufacturing, a partner of HII, has launched a dedicated manufacturing line to support the serial production of ROMULUS uncrewed surface vessels (USVs), according to an announcement from HII.   The…

09 Jun 2026

Malaysia’s second vessel under LMS Batch-2 programme launched

Türkiye’s STM has launched KD RAJA LAUT, the second of three corvettes being constructed for the Royal Malaysian Navy under the Littoral Mission Ship Batch-2 (LMS Batch-2) programme.   The event, held on 7 June 2026, comes two…

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