Financial and Investment Updates - internationaldefencenews.com

October 30, 2025
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Land Platforms

Spain Funds $305M Pizarro Infantry Vehicle Upgrade

The Spanish government has greenlit a comprehensive modernization initiative for its Pizarro infantry fighting vehicle (IFV) fleet, allocating €261.8 million ($305 million) to upgrade 121 units under Phase I...

October 30, 2025
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Missile & Missile Defence

$50M Lockheed Plan to Arm Saildrone USVs

In a move set to redefine maritime defense, Lockheed Martin has invested $50 million in Saildrone to integrate the JAGM Quad Launcher onto the company’s Surveyor unmanned surface vehicle...

October 18, 2025
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Land Platforms

222 SCHAKAL IFVs Ordered by Germany, Netherlands

In a major investment for European defense, Germany and the Netherlands have commissioned 222 SCHAKAL infantry fighting vehicles through a €4.5 billion OCCAR-supervised contract, advancing both countries’ commitment to...

September 26, 2025
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Weapons and Munition

Army Expands Barrett MK22 Buy With $14M Order

The US Army has significantly increased its investment in advanced sniper capabilities by adding $14.2 million to its ongoing contract with Barrett Firearms. This brings the total value of...

September 26, 2025
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Weapons and Munition

Army Boosts 155mm Ammunition Stocks With $640M

The US Army is ramping up its ammunition procurement efforts, investing close to $640 million for 155mm High Explosive rounds as part of its ongoing Special Ammunition and Weapons...

September 25, 2025
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Missile & Missile Defence

USAF Funds $4M Program to Boost 3D-Printed Propellants

Defense startup Firehawk Aerospace has been awarded a $4-million contract from the US Air Force to advance 3D-printed solid rocket propellants. The initiative, overseen by the Air Force Research...

September 14, 2025
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Naval Platforms

Canberra to Build $8B Nuclear Sub Shipyard Hub

The Australian government will commit 12 billion Australian dollars ($8 billion) over ten years to upgrade the Henderson Defense Precinct in Perth, enabling it to build and service nuclear-powered...

September 12, 2025
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Unmanned Systems

$1.1B Kosovo Plan Targets Drone and Force Growth

The government of Kosovo has announced a 1-billion-euro ($1.1 billion) defense investment package to modernize the Kosovo Security Force (KSF) and reinforce its national defense strategy. Central to the...

September 10, 2025
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Soldier Systems

Army Picks Anduril for $159M MR Helmet

Anduril Industries has been awarded a $159-million contract by the US Army to prototype a new mixed reality helmet system under the Soldier Borne Mission Command (SBMC) program…

September 9, 2025
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Communication and Electronics

Six Teams Share $2M in Army AI Contest

In one of its largest tech contests, the US Army granted $2M to six AI teams for solutions in data processing. The winners, led by Ozni AI, now join...