Greek company Theon reports record Q1 2025 results as global demand for night vision and thermal imaging systems accelerates

On April 28, 2025, the Greek company Theon International Plc released its Q1 2025 Trading Update, showing strong financial and operational momentum. The Greek-headquartered defense technology group reported a significant year-on-year increase in key financial metrics, driven by expanding global demand for its night vision and thermal imaging systems. According to the company, revenue in the first quarter of 2025 reached €90.8 million, marking a 19.8% increase compared to the €75.8 million recorded in Q1 2024. This growth was accompanied by a 202.3% surge in new orders, totaling €117.9 million, resulting in a book-to-bill ratio of 1.3x, or over 2x when including approximately €100 million in new options with a high probability of conversion to backlog. Read full defense news at this link...

The Greek-headquartered defense technology group reported a significant year-on-year increase in key financial metrics, driven by expanding global demand for its night vision and thermal imaging systems. (Picture source: Theon)

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U.S. Army Conducts Gunnery Exercise With Latest Air Defense System Sgt Stout.

U.S. Army officials confirmed that a live gunnery exercise at Fort Hood, Texas, is underway, featuring the latest-generation Sgt Stout short-range air defense system. The drills mark a significant step toward full operational integration as units across the force adapt to evolving threats from drones, rotary-wing aircraft, and low-flying munitions. It matters because Sgt. Stout enhances the Army’s ability to defend forward-deployed troops and critical infrastructure from modern aerial threats. Read full Defense News at this link ... A U.S. Army SGT Stout SHORAD air defense vehicle maneuvers into firing position during live-fire training with the 6th Battalion, 56th Air Defense Artillery Regiment at Fort Hood, Texas, on October 3, 2025. (Picture source: U.S. Department of War) Read More from World Defence News https://ift.tt/NYmsS1n via IFTTT

US Budget Proposal Seeks F-22 Raptor Stealth Jet Upgrades to Protect Air Dominance

Lockheed Martin’s F-22 Raptor fighter jet is confirmed to receive major upgrades under the proposed FY2026 budget plan to ensure its sustained edge in air dominance operations, according to the U.S. Air Force Financial Management and Comptroller. Despite the emergence of sixth-generation designs, the Air Force’s dedicated $90 million budget aims to extend the Raptor’s relevance. This move underscores a broader strategy to protect critical stealth assets against evolving threats from China and Russia. It highlights a firm commitment to bridging the gap until Next Generation Air Dominance systems mature. Read full defense News at this link. The planned FY2026 viability upgrade marks a clear signal that the F-22 remains a backbone of U.S. air dominance doctrine (Picture source: U.S. Air Force) from World Defence News https://ift.tt/xebSkjs via IFTTT

MBDA–Rheinmetall new shipboard laser weapon could enter German Navy service by 2029.

Düsseldorf/Schrobenhausen, Germany, 28 October 2025 - German companies Rheinmetall and MBDA Germany announced that their jointly developed high-energy laser demonstrator has been transferred to the Laser Competence Centre at the Bundeswehr’s Technical Centre for Weapons and Ammunition (WTD 91) in Meppen, following a year-long series of sea trials aboard the German Navy frigate FGS Sachsen. The transition marks a key milestone in Germany’s efforts to field a shipboard directed-energy weapon capable of defending naval assets from drones, small craft, and other emerging aerial threats. According to Rheinmetall, an operational system could be ready for the fleet as early as 2029, providing a cost-effective complement to traditional missile interceptors. Read full Naval News at this link ... German Navy frigate FGS Sachsen conducts sea trials with Rheinmetall and MBDA’s high-energy laser weapon system, mounted on the forward deck in a containerized module during live-fire testing in ...

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