Financial and Investment Updates - currentdefencenews.com

March 10, 2026
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Communication and Electronics

Indra Leads $10.5M Defense Electronics Push

Indra Group has launched an initiative to build Spain’s first domestic ecosystem for gallium nitride technology, aiming to strengthen the country’s capabilities in advanced defense electronics and communications systems....

March 9, 2026
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Missile & Missile Defence

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...

February 27, 2026
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Unmanned Systems

Polish Firm Boosts Local Drone Output

Poland-based FlyFocus secured €4.5 million in its first institutional funding round to expand manufacturing capacity and research activities. The investment will fund a new production facility in Poland and...

February 27, 2026
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Communication and Electronics

Jordan Cleared for US Ku-Band Radar

The US Department of State approved a potential $280 million foreign military sale to Jordan for Ku-band Multi-Function Radio Frequency Systems. The radars, supplied by RTX Missile Defense Technologies,...

February 26, 2026
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Air Platforms

Pratt Invests $200M in Engine Facility

RTX subsidiary Pratt & Whitney has announced a $200-million investment to expand manufacturing capabilities at its Columbus, Georgia facility, aiming to meet growing demand for military and commercial aircraft...

February 24, 2026
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Missile & Missile Defence

Anduril Lands $43M Rocket Motor Contract

The US Department of Defense has awarded Anduril Industries an additional $43.7 million to expand domestic production of solid rocket motors, a key component in modern munitions. This funding,...

February 24, 2026
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Land Platforms

Rolls-Royce Wins Merkava Power-Pack Deal

Rolls-Royce Solutions America has secured a $73.5-million contract to deliver power-pack kits for Israel’s Merkava main battle tanks. The agreement supports sustainment and lifecycle maintenance of Israel’s armored fleet,...

February 23, 2026
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Naval Platforms

Canberra Awards Austal Major Shipbuilding Pact

The Australian Army is expanding its maritime mobility through a new fleet of heavy landing craft. Designed for large-scale transport, combat support, and disaster relief, the vessels represent a...

February 20, 2026
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Soldier Systems

Italy Weighs 60% Military Expansion

Italy is considering increasing its armed forces personnel from about 170,000 to 275,000 over the next 18 years. The proposal, presented to Defense Minister Guido Crosetto, would include a...

February 20, 2026
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Weapons and Munition

BAE Adds IR Seeker to APKWS

The US Air Force has awarded BAE Systems a contract worth up to $145 million to develop and deliver an infrared-guided air-to-air counter-drone weapon based on the APKWS rocket...