AGP Executive Report
Last update: 8 hours agoBudgets and Deterrence: Taiwan President Lai Ching-te says a record NT$1.1 trillion ($34.5 billion) defense budget for 2027 is intended to deter conflict with China. Counter-Drone Systems: Japan has signed a contract for Ukrainian SkyFall interceptor drones, while Türkiye’s Aselsan demonstrated its mobile GOKALP drone-hunting system. India’s Army also ordered 225 FPV drones from Aerodrone Robotics for about ₹1.97 crore. Missile Production: Boeing won a seven-year contract to accelerate PAC-3 MSE seeker output; Raytheon secured a separate multi-year contract worth up to $6.3 billion for SM-3 Block IB interceptors. Military Space: SpaceX launched 21 satellites for the U.S. Space Development Agency’s communications and missile-warning network. Industry and Procurement: The EU adopted measures to speed defense investment and procurement, while India’s Adani Defence won an industry award for export performance.
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