UK Defence Investment Plan: The UK MoD says it will pivot away from further upgrades to RAF long-range air-launched weapons, instead funding MBDA’s next-gen Stratus cruise and anti-ship missiles with £1.4bn over four years, aiming for lower-cost mass buys and lessons learned from Ukraine. NATO/Europe Readiness: Germany approved bills to bring back mandatory reservist training and speed military construction to help meet NATO manpower targets. Ukraine Strike & Industry: Ukraine reported damage to Russia’s Titan-Barrikady defence plant in Volgograd, tied to missile and artillery production, as Kyiv also faced a major Russian missile-and-drone barrage. Defence Tech & Autonomy: Skyryse and Robinson plan a Group 4 unmanned aircraft system by integrating SkyOS into the Robinson R66 for defence missions like ISR and manned-unmanned teaming. Procurement & Shipbuilding: South Korea moved KDDX forward by selecting Hanwha Ocean as preferred bidder for detailed design and lead ship construction. Missile Sales (Asia): The US approved additional Hellfire missiles to Singapore, expanding a package to 67 missiles. Defence Delivery Reform (Australia): Australia’s Defence Delivery Agency rollout begins, merging capability and sustainment functions to streamline decisions and accountability. Critical Minerals & Supply Chains: MRG Metals confirmed gallium levels in South Africa for byproduct production, highlighting the defence relevance of semiconductor-grade materials. Space Industry Deal: Rocket Lab agreed to acquire Iridium in an ~$8bn transaction, expanding satellite communications reach for government and defence users. Corporate/Market Watch: Korea’s KRX tightened KOSDAQ rules to stop tech-listed firms from covertly shifting into crypto treasury businesses.