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$117M Deal for P550 Recon Drones
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Month: March 2026

currentdefencenews.com > News > 2026 > March
  • March 9, 2026
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  • Weapons and Munition
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Bohdana Howitzer Production Expands to Poland

Polish defense firm Ponar Wadowice and Ukraine’s Kramatorsk Machine-Building Plant (NKMZ) have established a joint venture to manufacture the Bohdana 155-millimeter self-propelled howitzer and its towed variant in Poland....
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  • March 9, 2026
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  • Missile & Missile Defence
  • Procurement & Contracts

USAF Funds LRASM Production Boost

The US Air Force has awarded Lockheed Martin Missiles and Fire Control a $53-million contract modification to increase production capacity for the Long-Range Anti-Ship Missile (LRASM), a key maritime...
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  • March 9, 2026
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NATO AWACS Flies First Mission Over Finland

A NATO Airborne Early Warning and Control System (AWACS) aircraft has completed its first operational mission in Finnish airspace, marking a significant step in strengthening surveillance and command-and-control capabilities...
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  • March 9, 2026
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  • Missile & Missile Defence
  • Financial and Investment Updates

Hanwha to Invest in Estonia Defense

South Korean defense company Hanwha Aerospace has unveiled a 100-million-euro investment plan aimed at strengthening Estonia’s defense industry through new infrastructure, manufacturing, and cooperation initiatives. The package includes the...
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  • March 9, 2026
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  • Missile & Missile Defence
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S. Korea Sends Cheongung-II Missiles to UAE

South Korea has agreed to urgently supply Cheongung-II air defense interceptors to the United Arab Emirates after the Gulf nation requested additional support amid ongoing drone and missile threats...
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  • March 8, 2026
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Turkey May Deploy F-16s to N. Cyprus

Turkey is considering deploying F-16 fighter jets to Northern Cyprus as part of potential security measures following a recent drone attack on the island. A Turkish defense ministry source...
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  • March 7, 2026
  • Admin
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Switzerland May Cut F-35 Purchase

Switzerland has announced plans to reduce its purchase of F-35A fighter jets from 36 to about 30 aircraft after the United States raised the projected cost of the program....
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  • March 6, 2026
  • Admin
  • Unmanned Systems
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Kratos Wins $7M Drone Detection Deal

Kratos Defense & Security Solutions has secured a $7-million production contract for a counter-unmanned aerial system designed to detect, track, and classify airborne threats. The company said the system...
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  • March 6, 2026
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India Clears Deal for 60 Military Airlifters

India has taken a major step toward modernizing its tactical airlift capabilities after the Defence Procurement Board approved a proposal to acquire 60 transport aircraft for the Indian Air...
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  • March 6, 2026
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  • Missile & Missile Defence
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Raytheon Gets $183.7M UAE Patriot Deal

The United States has awarded Raytheon a contract valued at $183.7 million to supply hardware and support services for Patriot air defense systems under a foreign military sales agreement...
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  • Greece Defense Projects Draw Hanwha, ONEX
  • BAE Boosts Global Reach With Brazil Facility
  • New Mine Upgrade Program for Italian Army
  • Elbit to Supply HUDs for Black Hawk, Chinook

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$117M Deal for P550 Recon Drones March 23, 2026
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