China is reportedly developing its next-generation PL-16 air-to-air missile, a successor to the PL-15 which serves as the backbone of its air force. The development comes amid the US's own advancements with the AIM-260 missile.
Australia successfully test-fired its first locally-made solid rocket motor, the 'DRACO', a significant step towards developing a sovereign missile industry amid global supply chain pressures highlighted by the Iran war.
Australia successfully test-fired its largest and most advanced solid rocket motor, DRACO, in South Australia. This marks a significant step towards domestic missile manufacturing and reducing reliance on imports, especially amid global supply chain pressures highlighted by the Iran war.
Mach Industries has acquired solid rocket motor startup Exquadrum for $50 million, rebranding it as Mach Energetics. This move aims to vertically integrate Mach's supply chain for unmanned systems and address critical bottlenecks in the defense industry, particularly for solid rocket motors.
