Defense spending in Europe is on the rise, driven primarily by investments from Germany. The International Institute for Strategic Studies (IISS) reports that Europe accounted for over 21 percent of global defense spending in 2025, up from 17 percent in 2022.
Archer Aviation has announced a powertrain supply agreement with defense contractor Anduril Industries and UAE defense group EDGE at the Dubai Airshow, marking the first time the company is commercializing its proprietary electric propulsion system independently. The deal will power Omen, an autonomous air vehicle being co-developed for defense and security missions, with the UAE committing to an initial order of 50 systems.