AGP Executive Report
Last update: 8 hours agoADEX 2026 Deal Flow: Azerbaijan and Türkiye signed $500M+ in defence contracts in Baku, including Azerbaijan’s planned purchase of 14 HÜRKUŞ-II trainer jets and deals spanning radar, loitering munitions and coastal defence. New UAV Showcase: Baykar’s KASIRGA vertical-takeoff kamikaze drone was unveiled at ADEX, touting runway-free operations and a 5-kg warhead for strike and recon roles. UK-Azerbaijan Defence Ties: UK Defence Minister Vernon Coaker met President Ilham Aliyev as 18 UK firms joined ADEX for the first time, signaling a fresh chapter in defence-industry cooperation. Navy Next-Gen Fighter: Boeing won a $20B+ US Navy contract for the sixth-generation F/A-XX strike fighter, aimed at replacing Super Hornets and Growlers in the 2030s. Counter-Drone Procurement: The US Navy advanced the MUSV program, ordering 30 Medium Unmanned Surface Vessels after Phase I testing, pushing modular autonomous maritime operations. EU Funding Pressure: Ukraine’s defence minister urged the EU to fund this autumn, warning delays could hit drone and component procurement. Iraq Withdrawal: The US completed its withdrawal from Iraq, ending the occupation phase while keeping regional ISR capabilities. Materials Supply Chain: Elmet Technologies secured a $36M DLA contract for domestic molybdenum and tungsten alloys and precision wire for the national defence stockpile. Cyber Defence Automation: Sekoia launched Sekoia Elevate, an agentic AI layer for autonomous SOC investigations delivering audit-ready verdicts in about 99 seconds.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.