Financial and Investment Updates - internationaldefencenews.com

March 16, 2026
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Missile & Missile Defence

US allocates funding for Naval Strike Missile-based coastal defense system in Latvia

US Navy has contracted Kongsberg Defence and Aerospace for $45.5 million to deliver the Naval Strike Missile Coastal Defense System to Latvia. The contract, issued under the Foreign Military...

March 13, 2026
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Communication and Electronics

USAF Cloud One Platform Set for Major Upgrade

The US Air Force has selected Leidos for a $454.9-million contract aimed at upgrading and expanding the capabilities of the Cloud One platform. This secure cloud environment supports numerous...

March 12, 2026
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Unmanned Systems

Canberra Expands Autonomous Maritime Systems

Australia has approved a major investment to expand its fleet of Bluebottle unmanned surface vessels used for maritime surveillance. The government allocated 176 million Australian dollars to acquire 40...

March 11, 2026
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Weapons and Munition

Sweden Cleared for HIMARS, GMLRS Purchase

Sweden is set to acquire 20 M142 HIMARS rocket launchers following approval from the US State Department for a $930-million defense package. The deal includes various guided rockets, extended-range...

March 11, 2026
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Land Platforms

New Safety Seats Ordered for Mowag Eagle

Cadre Holdings’ Med-Eng division has received new contracts valued at $86.4 million to provide blast-mitigation seats for Eagle V armored vehicles built by General Dynamics European Land Systems. The...

March 11, 2026
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Missile & Missile Defence

Missile Production Expansion Announced

Lockheed Martin has announced a major investment exceeding $150 million to expand operations at its missile manufacturing site in Alabama. The project will upgrade production infrastructure and support increased...

March 10, 2026
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Weapons and Munition

Aerodrome Secures US Funding for Loitering Munitions

EagleNXT has taken a strategic step to expand its autonomous defense technology capabilities by investing in Israel-based company Aerodrome. The agreement includes the possibility of establishing a joint venture...

March 10, 2026
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Soldier Systems

Ottawa Boosts Aerospace and UAV Innovation

The Canadian government is launching a major investment exceeding 900 million Canadian dollars to strengthen research into drone technologies and airborne defense systems. Managed by the National Research Council,...

March 10, 2026
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Air Platforms

5,000 Jobs Added in GE Manufacturing Push

GE Aerospace is investing $1 billion to strengthen its US manufacturing operations and accelerate the production of aircraft engines and defense components. The investment will be distributed across multiple...

March 10, 2026
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Communication and Electronics

Spain Boosts Military Tech Industry

Spain’s Indra Group is developing a national GaN technology ecosystem through the GIGaNTE research program to enhance defense electronics and communication systems. The initiative combines the expertise of industry...