Financial and Investment Updates - internationaldefencenews.com

November 9, 2026
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Communication and Electronics

Shield AI Expands Counter-Drone Portfolio With $5.3B Echodyne Deal

Shield AI has reached an agreement to acquire Echodyne for $5.3 billion, combining the radar manufacturer’s sensing technology with Shield AI’s autonomous systems portfolio. The deal will integrate Echodyne’s...

November 9, 2026
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Naval Platforms

Indian Navy to Receive Eight Advanced Corvettes Under $5.7B Deal

The Indian Defence Ministry has awarded contracts worth ₹538.67 billion ($5.7 billion) to build eight next-generation corvettes for the Indian Navy, expanding the country’s capabilities in coastal defence and...

November 7, 2026
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Air Platforms

Karnataka to Get ₹380 Crore Aircraft Ejection Seat Plant by Martin-Baker

Martin-Baker is preparing to establish a new aircraft ejection seat and aerospace safety equipment manufacturing facility in Karnataka through a proposed investment of ₹380 crore, The Business Line reported....

November 2, 2026
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Missile & Missile Defence

Ukraine seeks 500 Patriot interceptors in $2.1B US deal

Washington has cleared a possible $2.1-billion foreign military sale of PAC-3 MSE interceptors to Ukraine, with Kyiv seeking 500 missiles to restore supplies for its Patriot air defence network....

November 1, 2026
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Unmanned Systems

Drones and decoys feature in India’s massive defence push

India has taken another major step in modernising its armed forces, with the Defence Acquisition Council approving capital procurement proposals worth approximately ₹2.12 lakh crore. Chaired by Defence Minister...

October 31, 2026
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Air Platforms

Private players compete for India’s AMCA development deal

India’s fifth-generation Advanced Medium Combat Aircraft programme has moved into a decisive procurement phase after three private-sector groups submitted bids for the ₹15,000-crore prototype development project. Managed by the...

October 21, 2026
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Naval Platforms

$146M deal targets Romania’s Black Sea shipyard expansion

Rheinmetall and MSC have secured a €138 million bid for Romania’s Mangalia shipyard, with plans to restore the facility and establish a combined civilian and military shipbuilding operation. Located...

October 20, 2026
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Weapons and Munition

Spain ammunition production expands with Rheinmetall’s $22M investment

German defence manufacturer Rheinmetall has announced a €20 million expansion of its Albacete ammunition facility in Spain, aimed at increasing output of medium-calibre ammunition components and mortar systems. The...

October 20, 2026
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Missile & Missile Defence

Europe invests $195M in missiles, drones and ammunition

Europe is taking further steps to strengthen its defence-industrial base through €168.2 million in funding for eight manufacturing projects. The European Commission’s allocation will support production of energetic materials,...

October 20, 2026
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Missile & Missile Defence

Australia gets US approval for $300M Tomahawk support deal

Australia has received US approval for a potential $300 million package of Tomahawk mission-planning, communications and technical support equipment. The proposed foreign military sale covers a Theater Mission Planning...