Financial and Investment Updates - currentdefencenews.com

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....

January 21, 2026
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Weapons and Munition

Taiwan Reveals Arms List in Defense Budget

Taiwan’s Ministry of National Defense has publicly detailed the weapon systems planned under its proposed 1.25-trillion New Taiwan dollar ($40 billion) special defense budget, aimed at strengthening the island’s...

January 15, 2026
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Missile & Missile Defence

US Commits $1B to L3Harris Missile Solutions

L3Harris’ Missile Solutions unit is set to receive a $1 billion investment from the US to increase domestic production of solid rocket motors for key missile systems. The funding...

January 12, 2026
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Missile & Missile Defence

Sweden Commits $1.6B to Strengthen Air Defense

Sweden announced plans to invest 15 billion kronor ($1.6 billion) to strengthen its air defense capabilities, with a focus on protecting civilian and critical infrastructure targets. The move reflects...

January 5, 2026
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Air Platforms

Turkish Defense Exports Hit $10B Milestone

Turkey’s defense and aviation exports reached $10 billion in 2025, representing a 48 percent increase compared to $7.1 billion recorded the previous year. According to the Presidency of Defense...

December 17, 2025
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Unmanned Systems

Vatn Systems Raises $60M for AUV Development

Vatn Systems’ successful $60 million Series A funding round marks a significant milestone in the expanding global market for autonomous underwater vehicles, as navies and commercial operators increasingly prioritize...

December 12, 2025
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Training and Simulation

Australia Launches $199M Mission Aircrew Training

Australia has committed more than A$300 million to develop the Future Air Mission Training System in partnership with CAE Australia, significantly expanding Royal Australian Air Force training capacity. The...