Defense & Military
Firehawk Aerospace Raises 60M to Scale 3D Printed Rocket Propellant Tech
Firehawk Aerospace secures $60M funding to accelerate 3D-printed rocket propellant production, enhancing defense supply chain resilience.
Firehawk Aerospace Secures Strategic $60M Investment to Revolutionize Defense Supply Chain with 3D-Printed Propellant Technology
The defense technology sector has experienced a significant milestone with Firehawk Aerospace’s oversubscribed $60 million Series C funding round. This development not only underscores the growing investor interest in advanced rocket propulsion and additive manufacturing, but also highlights the strategic importance of resilient defense supply chains amidst evolving geopolitical tensions. Firehawk’s innovative 3D-printed solid rocket propellant technology, coupled with the entry of a strategic European investor, positions the company at the forefront of modernizing how critical munitions are produced and supplied to allied forces.
The investment round, led by 1789 Capital, a venture capital firm with partners such as Donald Trump Jr., marks the firm’s first foray into defense technology. Notably, the round also included Presto Tech Horizons (PTH), created through a partnership between Czech venture capital firm Presto Ventures and industrial conglomerate Czechoslovak Group (CSG). This partnership brings together American innovation and European industrial strength at a time when the ongoing conflict in Ukraine has exposed vulnerabilities in Western munitions supply chains. Firehawk’s technology is poised to reduce production time for solid rocket motors from traditional periods of 60 days to just 7 hours, offering a transformative leap in efficiency and responsiveness.
The significance of this funding and partnership extends beyond financial backing. It signals a broader shift toward rapid, scalable, and secure defense Manufacturing, addressing urgent operational needs and reinforcing allied defense capabilities in an era of renewed great power competition.
Company Foundation and Technological Innovation
Firehawk Aerospace was founded in 2019 by CEO Will Edwards and scientist Ronald Jones, combining business acumen with deep expertise in rocket propulsion and additive manufacturing. Edwards, a University of Arkansas graduate with prior entrepreneurial experience, and Jones, an expert in 3D printing and energetics, chose to focus on rocket engine manufacturing rather than entering the crowded launch vehicle market.
The company’s breakthrough lies in its proprietary 3D printing technology for solid rocket propellants. Traditional methods involve casting and curing propellant over weeks or months, but Firehawk’s approach enables the production of complex geometries in hours. This not only accelerates manufacturing but also allows for greater design flexibility and customization of rocket thrust profiles.
Firehawk’s business model targets the defense sector, where only two major incumbents, Aerojet Rocketdyne and Orbital ATK, dominate the Department of Defense’s rocket engine supply. Firehawk’s hybrid engines, which can be restarted mid-flight (unlike conventional solid motors), offer operational and safety advantages. The company operates from Dallas, with testing facilities in West Texas and a planned manufacturing expansion in Oklahoma, supported by $22 million in public funding.
Innovation in Additive Manufacturing
Firehawk’s additive manufacturing (AM) approach enables the creation of propellants with intricate internal structures, optimizing burn characteristics and performance. Unlike conventional casting, which requires unique tooling for each design, AM allows engineers to iterate rapidly and produce propellant grains tailored to specific missions.
This innovation not only reduces production times dramatically but also enhances Safety by minimizing the handling of energetic materials at high temperatures. Research in the field has shown that traditional methods carry significant risks, including accidental detonations during processing. Firehawk’s process mitigates these hazards through controlled, automated printing techniques.
The company’s technology has been validated through successful Test-Flights at NASA’s Stennis Space Center and ongoing collaborations with major defense contractors. Its ability to cut costs by 30-40% while improving performance and safety is a key differentiator in a market where responsiveness and reliability are paramount.
“A supply chain is only as strong as its weakest link, and propellant and energetics production are the biggest constraint on missile, rocket, and artillery manufacturing.” – Will Edwards, CEO, Firehawk Aerospace
Investment Round Analysis and Strategic Partnerships
The $60 million Series C round was oversubscribed, reflecting robust investor confidence in Firehawk’s technology and market potential. 1789 Capital, a venture firm with a focus on companies that align with traditional American values, led the round with a $15 million commitment. This marks a strategic expansion for 1789 Capital, which manages approximately $150 million and seeks to foster a “parallel economy” that emphasizes national security and deglobalization.
Other notable investors include Draper Associates, Boka Capital, Point Bridge Capital (known for its “MAGA ETF”), Decisive Point, and Stellar Ventures. The round brings Firehawk’s total funding to over $88 million, supporting its transition from R&D to full-scale production and addressing the critical need for rapid munitions manufacturing.
The entry of Presto Tech Horizons (PTH) as the sole European investor is particularly significant. PTH is a joint venture between Presto Ventures, a Prague-based VC fund, and CSG, a major Czech industrial conglomerate. This partnership aims to bridge American innovation with European manufacturing capabilities, enhancing supply chain resilience for NATO allies.
European Defense Supply Chain Implications
CSG, with over 10,000 employees and operations in more than 100 companies, is a leading player in European defense manufacturing. Its revenues are heavily defense-focused, and its acquisition of Italian ammunition manufacturer Fiocchi has further expanded its global footprint. The partnership with Firehawk is seen as a strategic move to address the urgent need for scalable, rapid munitions production in Europe, especially in light of the war in Ukraine.
Presto Ventures has a strong track record in technology investment, with a focus on security, defense, and aerospace. Its involvement brings not only capital but also access to a network of Western investors and defense customers. The collaboration is expected to facilitate technology transfer and the integration of Firehawk’s 3D-printed propellant technology into European manufacturing lines.
European defense planners are increasingly focused on supply chain sovereignty and resilience. The partnership with Firehawk addresses these concerns by enabling distributed, flexible production of rocket motors and energetics, reducing dependence on external suppliers and mitigating risks associated with geopolitical disruptions.
“Since the early 2010s, scientists and engineers have explored 3D printing as a way to unlock faster, safer, and more flexible solid propellant production. Firehawk is the first to truly deliver on that promise.” – Matej Luhovy, Partner, Presto Tech Horizons
Government Contracts, Market Position, and Industry Context
Firehawk has built credibility within the defense sector through a series of government Contracts and partnerships. The company has received a $4 million TACFI contract from AFWERX for extended range optimization of solid rocket motors, and a Small Business Innovation Research (SBIR) Phase III contract with the Army Applications Laboratory. These programs focus on key weapon systems such as the Guided Multiple Launch Rocket (GMLR), Javelin, and Stinger missiles.
The company’s approach to government relations includes active engagement with congressional appropriations and armed services committees, resulting in $5 million in congressional funding. This strategy recognizes the importance of aligning technological innovation with national security priorities and economic development objectives.
Firehawk’s competitive position is strengthened by its ability to offer hybrid rocket engines with restart capabilities and rapid production cycles. The concentration of traditional solid rocket motor manufacturing among a few incumbents creates opportunities for disruptive entrants like Firehawk. The company’s intellectual property portfolio and partnerships with established defense contractors further solidify its market standing.
Broader Defense Industry Trends
The defense technology sector is undergoing rapid transformation, driven by evolving threat environments and technological breakthroughs. The Ukraine conflict has exposed critical vulnerabilities in Western munitions production, highlighting the limitations of “just-in-time” logistics and the need for surge manufacturing capacity.
The global hybrid rocket propulsion market is expanding, and additive manufacturing is gaining traction as a means to enhance supply chain flexibility and responsiveness. Firehawk’s technology aligns with these trends, offering a scalable solution to the challenges of modern defense logistics.
European and U.S. policy initiatives are increasingly focused on strengthening domestic and allied defense industrial bases. Investments in advanced manufacturing technologies like Firehawk’s are seen as essential for maintaining operational readiness and strategic autonomy in the face of evolving security challenges.
Conclusion
Firehawk Aerospace’s $60 million Series C funding round marks a turning point in defense manufacturing and international industrial cooperation. The company’s 3D-printed propellant technology addresses key supply chain vulnerabilities, offering unprecedented speed, flexibility, and cost-effectiveness in rocket motor production. The involvement of strategic investors from both the U.S. and Europe underscores the global relevance of Firehawk’s innovation.
As the company scales its operations and deepens its partnerships, it stands to play a pivotal role in enhancing allied defense capabilities and supply chain resilience. The future trajectory of Firehawk Aerospace will be closely watched by investors, policymakers, and defense officials as a bellwether for the successful integration of additive manufacturing in critical defense applications.
FAQ
What is unique about Firehawk Aerospace’s technology?
Firehawk uses proprietary 3D printing techniques to manufacture solid rocket propellants, dramatically reducing production time and enabling greater design flexibility compared to traditional casting methods.
Who led Firehawk’s $60 million Series C investment round?
The round was led by 1789 Capital, with additional participation from Presto Tech Horizons, Draper Associates, Boka Capital, Point Bridge Capital, Decisive Point, and Stellar Ventures.
How does the European partnership benefit Firehawk and its allies?
The partnership with Presto Tech Horizons and CSG facilitates technology transfer and integration into European defense manufacturing, enhancing supply chain resilience and supporting NATO defense capabilities.
What are the main applications of Firehawk’s technology?
The primary applications are in defense rocket motors, missiles, and potentially other energetics and propellants for both military and space sectors.
What government contracts has Firehawk secured?
Firehawk has received contracts from AFWERX, the Army Applications Laboratory, and has partnerships with major defense contractors, including Raytheon Technologies.
Sources
Photo Credit: Firehawk
Defense & Military
USAF Launches EPAWSS Speedline to Accelerate F-15E Modernization
The USAF establishes an EPAWSS Speedline at Warner Robins to rapidly upgrade F-15E Strike Eagles with advanced electronic warfare systems starting June 2026.
This article is based on an official press release from the Air Force Life Cycle Management Center.
Air Force Launches EPAWSS Speedline to Accelerate F-15E Modernization
On May 26, 2026, the Air Force Life Cycle Management Center (AFLCMC) announced the establishment of a dedicated “Speedline” facility at the Warner Robins Air Logistics Complex (WR-ALC) in Georgia. This new initiative is designed to rapidly accelerate the installation of the Eagle Passive Active Warning Survivability System (EPAWSS) on the U.S. Air Force’s F-15E Strike Eagle fleet.
According to the official press release, the Speedline facility is slated to receive its first F-15E aircraft for installation in June 2026. By decoupling these critical electronic warfare upgrades from standard Programmed Depot Maintenance (PDM) schedules, the Air Force aims to field advanced defensive capabilities much faster than previously possible.
We note that this shift in maintenance strategy allows the military to upgrade jets up to five to seven years ahead of their routine maintenance cycles. This collaborative effort between the AFLCMC’s F-15 System Program Office and the WR-ALC is expected to significantly boost fleet readiness against modern electromagnetic threats.
Breaking the Maintenance Bottleneck
Operational Independence
Historically, major system upgrades for fighter aircraft have been tied to their routine depot maintenance schedules, which can create bottlenecks for fielding urgent technology. The AFLCMC’s new Speedline operates entirely independently of the standard PDM line.
This operational independence provides the F-15 System Program Office and WR-ALC the flexibility to install the EPAWSS on aircraft that are not due for routine maintenance for another five to seven years. By treating the electronic warfare upgrade as a standalone priority, the Air Force can modernize its fleet at a pace dictated by tactical necessity rather than logistical routine.
Understanding the EPAWSS Upgrade
Replacing Cold War-Era Technology
The Eagle Passive Active Warning Survivability System is a next-generation, all-digital electronic warfare suite. Based on the provided research data, it is designed to replace the legacy Tactical Electronic Warfare System (TEWS), which relies on Cold War-era analog equipment.
Developed by prime contractor BAE Systems, with Boeing serving as the prime contractor for integration, EPAWSS provides fully integrated radar warning, geolocation, situational awareness, and self-protection solutions. The system allows the aircraft to detect, identify, and defeat surface and airborne threats in highly contested, dense signal environments.
Financial and Production Milestones
The U.S. Air Force officially cleared EPAWSS for full-rate production in early 2025. Concurrently, the Air Force awarded a $615.8 million contract to Boeing to cover the installation of these systems. Shortly after this award, the first fully equipped F-15E was delivered to the 48th Fighter Wing at RAF Lakenheath in the United Kingdom, marking a major milestone in the modernization of the 4th-generation fleet.
Strategic Importance and Lethality
Expanding the F-15E’s Capabilities
The integration of EPAWSS is not merely a defensive measure; it is a comprehensive upgrade to the aircraft’s survivability and lethality. In the official AFLCMC release, military leadership emphasized the strategic necessity of the system.
“The F-15E Strike Eagle remains a cornerstone of our tactical airpower and deep strike capabilities. The integration of advanced electronic warfare suites, such as the Eagle Passive Active Warning Survivability System, ensures the F-15E will not just survive, but actively disrupt and dismantle adversary kill chains in the most highly contested, electromagnetically dense environments.”
, Lt. Col. Matthew Heil, F-15 Program Office, EPAWSS Materiel Leader
AirPro News analysis
We observe that the creation of the EPAWSS Speedline reflects a broader Department of Defense trend toward agile logistics and sustainment. By separating critical combat upgrades from time-consuming depot maintenance, the military is demonstrating a commitment to fielding new technologies to the warfighter at a much faster pace.
Furthermore, as the U.S. Air Force continues to develop and field 5th-generation fighters like the F-35 and F-22, alongside future 6th-generation platforms, maintaining the survivability of 4th-generation “workhorse” aircraft is a strategic priority. EPAWSS ensures that older airframes like the F-15E can safely and effectively operate alongside stealth fighters in modern, highly contested combat scenarios, bridging the gap between legacy platforms and future air dominance initiatives.
Frequently Asked Questions
What is the EPAWSS Speedline?
The EPAWSS Speedline is a dedicated installation facility at the Warner Robins Air Logistics Complex designed to rapidly equip F-15E Strike Eagles with the new Eagle Passive Active Warning Survivability System, independent of standard maintenance schedules.
When will the first aircraft be upgraded at the Speedline?
According to the Air Force Life Cycle Management Center, the facility is slated to receive its first F-15E aircraft for installation in June 2026.
Who are the primary contractors for EPAWSS?
BAE Systems is the prime contractor that developed the EPAWSS, while Boeing serves as the prime contractor for the system’s integration and installation on the F-15E.
Sources
Photo Credit: U.S. Air Force photo by Airman 1st Class Codie Trimble
Defense & Military
Final A-10 Engine Build Marks End of Davis-Monthan Maintenance Era
Davis-Monthan AFB completes last A-10 engine build as USAF extends aircraft service life through 2030, ending a 50-year maintenance mission.
This article is based on an official press release from Air Combat Command.
On May 21, 2026, Airmen at Davis-Monthan Air Force Base in Arizona officially completed their final A-10 Thunderbolt II engine build. According to an official release from Air Combat Command, this milestone marks the end of a decades-long maintenance mission for the 355th Component Maintenance Squadron (CMS) and serves as a symbolic closing chapter for the base’s 50-year legacy with the iconic close-air-support aircraft.
While the U.S. Air-Forces recently announced a partial extension of the A-10’s operational life through 2030, the formal training and heavy maintenance pipelines, including the dedicated Davis-Monthan engine shop, are officially shutting down. As the military transitions to future platforms, the completion of this final General Electric TF34 turbofan engine represents the end of an era for the maintainers who kept the “Warthog” flying.
We at AirPro News have reviewed the official military releases and supplementary research to provide a comprehensive look at what this final build means for the U.S. Air Force, the maintainers on the ground, and the future of the A-10 fleet.
A Historic Final Build for the 355th CMS
A standard A-10 engine build is a rigorous, multi-stage operation that typically takes 30 days to complete. The process involves meticulous inspection, repair, rebuilding, and testing of the General Electric TF34 turbofan engines that power the A-10C Thunderbolt II. According to military reports, a single crew of five maintainers usually handles the entire process for a given engine.
Hands-On Participation
For this historic final build, the 355th CMS broke from tradition. Every member of the shop participated, ensuring that all personnel had the opportunity to put their hands on the final engine throughout its diagnostic runs and final inspection. The final engine test was successfully conducted in the test cell on April 30, 2026, verifying its performance and flight readiness.
The process officially concluded on May 21, 2026, when Tech. Sgt. Logan Lamb, a 355th Maintenance Group quality assurance inspector, stamped the final inspection form. Wing leadership and the 355th CMS gathered to celebrate the completion, reflecting on the gravity of their work.
“Some, if not all these engines have saved lives on the ground through close air support missions, and some have carried pilots home while the other engine was damaged. All members of the shop put eyes and hands on this engine throughout the build, testing, diagnostic runs and final inspection. Typically, only one crew of five would work on any one engine, but this engine has been touched by everyone.”
The Warthog’s Legacy and Future Operations
Davis-Monthan AFB has served as the primary hub for A-10 operations and training for nearly 50 years. However, the base began divesting its A-10 fleet in February 2024, sending the first aircraft to the 309th Aerospace Maintenance and Regeneration Group, commonly known as the “Boneyard.” On April 3, 2026, the 357th Fighter Squadron at Davis-Monthan graduated its final class of A-10 pilots, permanently closing the formal training pipeline for the aircraft.
Service Extension Through 2030
Despite the closures at Davis-Monthan, the A-10 will continue to fly. On April 20, 2026, Air Force Secretary Troy E. Meink announced that the Air Force will extend the service life of the remaining A-10 fleet through 2030, reversing a previous plan to retire the aircraft by 2029. According to defense reports, this decision was heavily influenced by the A-10’s recent combat performance in Operation Epic Fury, a U.S. campaign against Iran in late March and April 2026, where the aircraft successfully struck naval vessels and provided critical close air support.
AirPro News analysis
The decision to extend the A-10’s service life through 2030 while simultaneously closing its primary heavy maintenance and training facilities presents a unique logistical scenario. The Air Force is utilizing what it calls a “fleet management strategy.” Because the Davis-Monthan engine shop and the pilot “schoolhouse” are now closed, operational squadrons at bases like Moody AFB and Whiteman AFB will be operating on borrowed time. They will have to rely entirely on existing experienced personnel, stockpiled parts, and the durability of engines like the one just completed by the 355th CMS to sustain operations until the final retirement date. This strategy underscores the military’s confidence in the robust engineering of the TF34 engines and the meticulous groundwork laid by aerospace Propulsion Airmen over the past decades.
The Unsung Heroes of Aerospace Propulsion
The longevity and survivability of the A-10 Thunderbolt II are directly tied to the expertise of aerospace propulsion Airmen. These maintainers are responsible for ensuring the aircraft remains lethal and capable of returning pilots home safely, even after taking heavy fire.
Their daily responsibilities include conducting borescope inspections to identify internal engine issues early and prevent catastrophic failures. They also manage test cell operations, running the engines in a controlled environment while monitoring critical readings from a control cab to verify performance before the engine is ever attached to an airframe.
“I think the legacy of the A-10 is going to be remembered for generations. The A-10 will be missed here in Arizona.”
Frequently Asked Questions (FAQ)
What engine does the A-10 Thunderbolt II use?
The A-10 is powered by twin General Electric TF34 turbofan engines. These engines are renowned for their durability and ability to sustain damage while still bringing pilots home safely.
Why is the A-10’s service life being extended to 2030?
Air Force Secretary Troy E. Meink announced the extension on April 20, 2026, following the aircraft’s highly successful combat performance during Operation Epic Fury in early 2026. The extension reverses previous plans to retire the fleet by 2029.
Is Davis-Monthan AFB still training A-10 pilots?
No. The 357th Fighter Squadron at Davis-Monthan graduated its final class of A-10 pilots on April 3, 2026, officially closing the formal training pipeline for the aircraft.
Sources: Air Combat Command
Photo Credit: U.S. Air Force photo by Senior Airman Christopher Ornelas Jr.
Defense & Military
Airbus Explores Helicopter Manufacturing in Canada for Global Export
Airbus SE is evaluating manufacturing helicopters in Canada to support federal defense contracts amid Canada’s $81B defense investment and new industrial strategy.
This article summarizes reporting by Bloomberg and Laura Dhillon Kane. This article summarizes publicly available elements and public remarks.
According to reporting by Bloomberg, Airbus SE is evaluating the potential to manufacture helicopters in Canada for the global export market, provided the European aerospace giant secures upcoming federal procurement contracts. This strategic proposition arrives as Canada embarks on an unprecedented defense spending expansion aimed at modernizing its military and stimulating domestic manufacturing jobs.
We note that Airbus is leveraging a unique political and economic window. By pitching a “local for global” manufacturing approach, the company hopes to decentralize its production while satisfying the Canadian government’s increasingly stringent demands for domestic economic benefits in exchange for lucrative defense contracts.
Canada’s Historic Defense Spending Surge
Following years of underfunding, the Canadian government has recently injected an $81.1 billion multi-year investment into national defense, according to comprehensive industry research. Under the administration of Prime Minister Mark Carney, Canada officially reached the 2% NATO spending benchmark in March 2026 and has committed to escalating defense expenditures to 5% of GDP by 2035.
The 2026 Defence Industrial Strategy
A major catalyst for Airbus’s proposal is the Canadian government’s first-ever Defence Industrial Strategy (DIS), launched in February 2026. Research reports indicate that the DIS introduced a strict “Build-Partner-Buy” framework designed to maximize domestic economic activity. The strategy ambitiously aims to direct 70% of defense contracts to Canadian firms, create 125,000 jobs, and boost defense exports by 50%.
To win contracts under this new framework, foreign vendors are required to provide sustainable domestic economic activity and transfer intellectual property. Furthermore, Canada is actively seeking to diversify its defense procurement to reduce its historical reliance on U.S. suppliers, pivoting toward European partnerships and joining the EU’s €150 billion Security Action for Europe (SAFE) fund.
Airbus’s “Local for Global” Pitch
Airbus is no stranger to the Canadian aerospace sector, having operated in the country for over 40 years. According to industry data, the company currently employs over 5,300 people in Canada. Its helicopter division, based in Fort Erie, Ontario, is already a recognized center of excellence for composite manufacturing, shipping approximately 34,000 parts globally each year to support Airbus’s worldwide supply chain.
Targeting Key Government Contracts
Airbus is actively pursuing three major helicopter procurement projects in Canada: fleet replacements for the Canadian Armed Forces, the Canadian Coast Guard, and the Royal Canadian Mounted Police (RCMP). To bolster its position, Transport Canada officially certified the Airbus H175 helicopter in February 2026, a super-medium aircraft tailored for search and rescue and defense missions in harsh environments. Additionally, Airbus is currently delivering 19 H135 helicopters to the Royal Canadian Air Force for the Future Aircrew Training (FAcT) program.
Airbus executives have made it clear that winning these new contracts would justify expanding their Canadian manufacturing base to assemble complete helicopters for the global market.
“Clearly, if Airbus helicopters are selected for any of the big upcoming campaigns and there is an industrial project which is tied to this contract, it’s an opportunity to export what would be manufactured here to the worldwide market.”
“We see that the H175 is very well positioned for several of those ambitions… We really see that as an aircraft for Canada, but… it would also be a helicopter from Canada.”
Balancing Economic Demands with Aerospace Realities
While Airbus is willing to expand its manufacturing footprint, company leadership has cautioned against overly transactional government demands. Michalon noted that while Airbus can offer research, development, and local procurement, there are practical limits to quid-pro-quo arrangements in aerospace manufacturing.
“If you ask us, ‘Can you bring a car plant in exchange for us selecting [an Airbus helicopter]?’ the answer is ‘Probably not, no.'”
AirPro News analysis
We observe that Canada’s deliberate pivot toward European defense partnerships represents a significant geopolitical shift. Historically, over 90% of Canada’s military helicopters and 100% of its fighter aircraft have been sourced from the United States. While diversifying procurement builds sovereign capacity and integrates Canada into European supply chains, defense experts suggest it could introduce interoperability friction with U.S. forces, particularly concerning joint North American Aerospace Defense Command (NORAD) operations.
Furthermore, establishing a Canadian export hub would provide Airbus with much-needed supply chain redundancy. By decentralizing production from its primary plants in France and Germany, Airbus can better insulate itself from European supply chain bottlenecks. Canada’s 2025 entry into the NATO Next Generation Rotorcraft Capability (NGRC) initiative also positions the country as a long-term collaborator alongside European nations to manage the rising development costs of future military rotorcraft.
Frequently Asked Questions (FAQ)
Why is Airbus considering building helicopters in Canada?
According to Bloomberg reporting, Airbus is exploring Canadian manufacturing for global export as a strategic incentive to win upcoming federal procurement contracts for the Canadian Armed Forces, Coast Guard, and RCMP.
What is Canada’s current defense spending target?
Under Prime Prime Minister Mark Carney, Canada officially hit the 2% NATO spending benchmark in March 2026 and has committed to reaching 5% of GDP by 2035, backed by an $81.1 billion multi-year investment.
What is the Defence Industrial Strategy (DIS)?
Launched in February 2026, the DIS is a Canadian government framework aiming to direct 70% of defense contracts to domestic firms, create 125,000 jobs, and boost defense exports by 50% by requiring foreign vendors to invest locally.
Sources:
Bloomberg
Provided Industry Research Report
Photo Credit: Airbus
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