European A&D Radar: Weekly sector news, positioning data and research insights

Research evidence excerpt

European A&D Radar: Weekly sector news, positioning data and research insights

Equity Research

15 June 2026 | 3:43PM BST

European A&D Radar: Weekly sector news, positioning data and

research insights

Sam Burgess

+44(20)7774-9651 |

sam.burgess@gs.com

Goldman Sachs International

Jubril Moronfolu

+44(20)7051-0985 |

jubril.x.moronfolu@gs.com

Milind Sikchi

+1(332)245-7985 |Sector news (Jun 08-14) milind.sikchi@gs.com

Goldman Sachs India SPL

n France and Germany have scrapped their joint next‑generation fighter jet

programme after concluding that key industrial partners could not reach an

agreement on its development. Read here.

n UK Defence Secretary John Healey has resigned after a prolonged dispute over

the delayed Defence Investment Plan, saying the proposed funding settlement is

insufficient for current security needs. Read here.

n Britain and Japan have agreed on a £18bn investment package across defence,

technology and energy to deepen strategic and economic ties. Both countries

also reaffirmed plans to accelerate the GCAP fighter programme and expand

cooperation in AI, semiconductors, quantum computing and nuclear

technologies. Read here.

n Safran Electronics & Defense will invest €120mn to expand and modernize its

Montluçon facility, adding 10,500 sqm of space including 3,000 sqm of new

cleanrooms. The investment will triple annual HRG inertial sensor production

capacity from 10,000 units today to 30,000 units by 2032, supporting growing

demand for high-precision navigation systems. Read here.

n Thales Alenia Space has signed a contract with the ESA as prime contractor to

develop two Copernicus Sentinel-1 Next Generation satellites. The deal

represents the first tranche of a broader contract worth €700mn, supporting