Global for Wednesday, July 15, 2026

• Fedorov out as Ukraine’s defense minister in major government shake-up
• US Air Force turns to cheaper cruise missiles it can buy by the thousands
• MBDA appoints Airbus executive Jean-Brice Dumont as new CEO
• First the coast guard, then an ICBM: China tests new, long-term ways to hold off rivals in Asia
• Pressure mounts on US defense executives to boost weapons production
• US launches new round of strikes against Iran
• Israeli firm wants to convert commercial ships into floating drone bases
• European firms plan exo-atmospheric interceptor for 2027 test