After a two-year process, the Romanian Ministry of Defense selected Rafael Advance Defense Systems' Spyder air defense system ...

The SPYDER system from Rafael is heading toward a €1.9 billion deal in Romania, after the Israeli company surpassed competitors from Germany and France.

Tucson-based Raytheon Missiles & Defense has been awarded a new contract to develop an air-launched hypersonic missile, as the Pentagon looks to accelerate development of the ultra-fast weapons in ...