Financial and Investment Updates - currentdefencenews.com

July 4, 2025
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Land Platforms

Next-Gen Vehicle Protection Systems Receive US Army Investment

The US Army is spending $107.8 million on state-of-the-art protection systems for its tracked vehicles, enhancing the fleet’s survivability through cutting-edge technologies. The US Department of Defense’s fiscal 2026...

July 4, 2025
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Air Platforms

To counter China’s strategy for air dominance, the United States will spend 3.5 billion on new F-47 fighter planes.

The U.S. Department of Defense’s data, released at the conclusion of June 2025, showed that the United States reaffirmed its strategic commitment to air supremacy with a $3.5 billion...

July 3, 2025
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Weapons and Munition

Poland spends $662 million to increase its output of 155mm ammunition.

A Wednesday announcement states that the government-backed Polish Capital Investment Fund (FIK) would provide over 2.4 billion zloty ($662.9 million) to four companies from the Polish Armaments Group (PGZ)...

June 26, 2025
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Air Platforms

The cost of F-35 fighter aircraft is the subject of a dispute between Switzerland and the United States.

A financial dispute has surfaced between Switzerland and the United States concerning the cost of acquiring 36 Lockheed Martin F-35A fighter jets. Switzerland had agreed to a fixed price...

June 23, 2025
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Soldier Systems

Theon Secures Approximately EUR 50 Million in New Orders, Raising Revenue Guidance Toward EUR 430 Million Upper Range.

Theon International Plc (THEON) has confirmed receiving approximately €50 million in new orders. These consist of a diverse range of products and stem from several smaller contracts and direct...

June 23, 2025
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Missile & Missile Defence

Updates Regarding the Barak MX System.

The BARAK MX is a multi-layered air defense system capable of countering various airborne threats, including fighter jets, ballistic missiles, cruise missiles, rockets, and anti-ship missiles. It is already...

June 23, 2025
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Unmanned Systems

Teledyne FLIR’s Black Hornet 4 Nano-Drone Gains Approval on Defense Innovation Unit’s Blue UAS List.

Teledyne FLIR Defense, a division of Teledyne Technologies, has announced that its Black Hornet® 4 Personal Reconnaissance System has passed cybersecurity and NDAA verification, earning its place on the...

June 19, 2025
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Naval Platforms

GDEB Secures $987 Million Contract Modification for Long-Lead Materials and Submarine Construction Costs.

General Dynamics Electric Boat, a subsidiary of General Dynamics, has announced a $987 million modification to its existing submarine production contract. The new agreement enhances efforts in component development,...

June 18, 2025
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Air Platforms

Lithuania Selects Embraer’s C-390 Millennium Transport Aircraft to Bolster Military Readiness.

The Ministry of National Defence of Lithuania has officially selected the Embraer C-390 Millennium as the country’s next-generation military transport aircraft. This decision represents a major milestone in boosting...

June 18, 2025
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Communication and Electronics

Safran and Babcock Deepen Franco-British Defence Cooperation with New Memorandum of Understanding.

Safran Electronics & Defense, a leading provider of advanced defence technologies, and Babcock International Group have announced plans to deepen their collaboration across multi-domain mission systems, aircraft engines, space...