Financial and Investment Updates - internationaldefencenews.com

May 18, 2026
Admin
Land Platforms

UK buys 72 RCH 155 howitzers to replace AS-90 fleet

The British government has approved the procurement of 72 advanced RCH 155 wheeled howitzers to modernize its artillery forces and replace the aging AS-90 fleet. Built on the Boxer...

May 13, 2026
Admin
Communication and Electronics

AeroVironment Upgrades SkyRange Fleet

AeroVironment has secured a $43-million contract to equip the US Department of Defense’s SkyRange hypersonic testing fleet with its advanced PANTHER phased-array telemetry receiver systems. The contract supports the...

May 12, 2026
Admin
Missile & Missile Defence

$407M deal boosts Guam air defense

Lockheed Martin has received a major contract expansion to continue building Guam’s integrated missile defense system, a critical element of US Indo-Pacific security strategy. The layered architecture combines Aegis,...

May 12, 2026
Admin
Naval Platforms

Virginia-class work awarded to GD

The US Navy has expanded the Virginia-class Block VI submarine program with a $2.3-billion contract modification awarded to General Dynamics Electric Boat. The funding supports early manufacturing and long-lead...

May 12, 2026
Admin
Communication and Electronics

Radar production boosted by RTX investment

RTX is expanding Collins Aerospace’s Florida manufacturing facility with a $26.5-million investment aimed at boosting production of radar and defense communication systems. The facility will support advanced surveillance technologies...

May 12, 2026
Admin
Unmanned Systems

$5.9M raised for defense tech startups

Front Ventures has secured 5 million euros to invest in Ukrainian and Nordic defense startups developing drones, battlefield software, and military communications technologies. The funding reflects growing international interest...

May 11, 2026
Admin
Missile & Missile Defence

Ukraine Patriot support funded by Norway

Norway has strengthened NATO’s PURL initiative with a new $304-million contribution supporting Patriot interceptor deliveries to Ukraine. The effort is designed to accelerate allied weapons transfers and improve battlefield...

May 9, 2026
Admin
Soldier Systems

EU defense loan boosts Poland military

Poland has become the first country to secure funding under the EU’s SAFE defense initiative, signing a massive 43.7-billion-euro loan agreement to modernize its military and defense industry. The...

May 7, 2026
Admin
Air Platforms

Canada gets approval for C-17 sustainment

The United States has approved a $540-million sustainment package for Canada’s C-17 Globemaster III transport fleet. The agreement includes maintenance support, spare parts, repair services, and logistics systems to...

May 7, 2026
Admin
Communication and Electronics

US awards Kopin thermal optics deal

Kopin has received a $21.5-million contract to supply thermal imaging assemblies for a portable US military weapon system. The ruggedized systems use advanced microdisplays and optics to help troops...