20-07-2026 09:54 via ft.com

Lockheed to build cheaper Patriot missile to counter drone threat

US defence group says new weapon will be less than half the cost of current flagship interceptor
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Defense news



Rolls-Royce expects Airbus decision on new A350 version within a year
Shares in UK defence groups rise on hopes Healey will boost military spending
‘Major’ antitrust demands would destroy Europe space deal, warns Leonardo chief
Lockheed seeks European production for cheaper Patriot missile
Anduril launches helicopter strike drone
Oil back above $90 as Iran hits tankers 
Boeing says it will be ready to fund new plane programme by 2030
Defence giants to maintain grip on weapons market despite drone boom
Revolut and Spotify investor warns Europe over reliance on US tech
Cambridge university looks to boost UK manufacturing with pioneering wind tunnel
Ukraine to buy Chinese drone parts with EU funds
Helsing’s ‘crazy’ valuation raises defence tech bubble concerns
Britain’s electric air taxi contender needs more power
European defence groups plan interceptor system to destroy missiles in space
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