AGP Executive Report
Last update: 7 hours agoAffordable Air Defense: Anduril unveiled Steelfin, saying a PAC-3-like version could offer about 80% of the capability for less than half the price, with production aimed at thousands annually. RTX also tested an upgraded, rocket-powered Coyote interceptor designed for existing launch systems. Production Scale-Up: Kratos reported successful J85 engine tests across several launch configurations and cited a 3,000-component order for 2027, with annual output targeted above 10,000 by 2029. Leonardo DRS has begun initial production of its 360-degree air and missile defense radar. European Industry: The EU approved €115 million in fast-track funding to help defense startups move technology from prototype to military use. It also added 1,569 people and entities tied to Russia’s military industry to its sanctions list, its largest expansion since the invasion of Ukraine. Drone Procurement: India’s Army ordered 225 FPV drones for high-altitude deployment in Ladakh.
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