Financial and Investment Updates - currentdefencenews.com

February 20, 2026
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Unmanned Systems

Terra Bags $34M for Security Tech

Nigerian drone developer Terra Industries has raised $34 million to expand production of its autonomous security systems. The funding, led by Lux Capital, will support manufacturing growth, hiring, and...

February 20, 2026
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Unmanned Systems

UK Funds Nyan Kamikaze Drone

The UK has awarded Callen-Lenz a £4.99-million contract for its Nyan One Way Effector loitering munition. The system, already used by Ministry of Defence departments, is registered on the...

February 10, 2026
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Land Platforms

US Approves $185M Parts Sale to Ukraine

The US State Department has approved a potential $185-million foreign military sale to Ukraine covering Class IX spare parts and associated logistics support for previously supplied equipment. The package...

February 9, 2026
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Weapons and Munition

Turkey, Egypt Seal $350M Defense Agreement

Turkey and Egypt have concluded a $350-million defense cooperation agreement that combines arms exports with joint industrial production initiatives. The deal, signed between Turkey’s MKE and Egypt’s Ministry of...

February 9, 2026
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Land Platforms

Germany, Sweden Order Kongsberg RWS

Kongsberg Defence & Aerospace has secured a 140-million-euro contract with Patria to deliver several hundred Protector RS4 remote weapon stations for Germany’s and Sweden’s CAVS 6×6 vehicle fleets. Germany...

February 9, 2026
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Weapons and Munition

Vietnam Signs $250M Rafael Deal

Vietnam’s Ministry of Defense has reportedly finalized a $250-million agreement with Israel’s Rafael Advanced Defense Systems to locally manufacture the Spike Firefly loitering munition. Production will occur at a...

February 9, 2026
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Land Platforms

Excalibur Wins $300M SEA Contract

Excalibur Army has secured a $300-million contract from a Southeast Asian customer for more than 100 Patriot armored vehicles in multiple mission configurations. Built on the Tatra 4×4 chassis,...

February 5, 2026
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Unmanned Systems

Overland AI Raises $100M for Military Autonomy

Overland AI secured $100 million in equity financing to scale deployment of its autonomous ground vehicle technologies with U.S. Armed Forces, marking a transition from experimental trials to operational...

February 5, 2026
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Weapons and Munition

EU Enables Ukraine Loan for UK Arms

EU ambassadors have reached a compromise framework enabling Ukraine to utilize a 90-billion-euro loan facility to finance defense procurement, including purchases from key non-EU allies under defined cost-sharing arrangements....

January 23, 2026
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Air Platforms

Dassault Leads $200M Harmattan AI Funding

Dassault Aviation has led a $200 million Series B funding round in Harmattan AI, establishing a strategic partnership focused on integrating artificial intelligence-driven autonomy into future combat aviation systems....