Hensoldt Pegasus Top-Up Contract Likely Slipping Into 2027

Hensoldt says Germany is more likely to sign a follow-on order for three additional PEGASUS signals intelligence aircraft in 2027 than in 2026. The proposed purchase would add to three Bombardier Global 6000 business jets covered by the original contract, which calls for integration of Hensoldt’s Kalaetron Integral suite for communications and electronic intelligence. Lufthansa Technik Defense is carrying out mission-system integration on the initial aircraft, with completion targeted by the end of 2026. Hensoldt discussed the likely timing of the additional order in its third-quarter earnings update.