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Financial Times reports Germany will abandon plans to build six F126 frigates — a programme meant to produce the country's largest warship since WWII — and instead procure eight smaller Meko A-200 frigates, two people familiar with the matter said. Defence minister Pistorius and senior officials notified industry representatives and senior MPs on Tuesday. The move strips Rheinmetall of an expected prime-contractor role on the EUR 12.8 bln F126 programme and marks one of Berlin's most serious recent defence procurement failures.

India plans to transfer technology for its most reliable rocket, the Polar Satellite Launch Vehicle (PSLV), to private companies, IN-SPACe chairman Pawan Goenka said, aiming to speed domestic rocket manufacturing and position India as a small-satellite launch hub. IN-SPACe has issued a letter of intent to transfer PSLV-related technology; only companies that are Indian-owned and controlled will be eligible. The move follows Prime Minister Modi’s 2019 decision to open the space sector and comes after hundreds of space startups have formed. PSLV recorded two consecutive launch failures over the past year after a prior streak of more than 60 successful missions. Goenka said major conglomerates are closely watching the market for investment opportunities but did not identify them.