Financial and Investment Updates - currentdefencenews.com

June 18, 2025
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Air Platforms

Lockheed Martin Reveals Groundbreaking Performance Results for the C-130J Super Hercules.

Lockheed Martin continues to push the boundaries of tactical airlift with the C-130J Super Hercules, announcing a significant milestone in wing structure testing that surpassed all expectations by confirming...

June 17, 2025
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Unmanned Systems

Shield AI Progresses Combat-Ready Autonomy with Second MQ-20 Avenger Test Flight.

Shield AI, a leading deep-tech company specializing in advanced autonomy software and defense aircraft, has successfully completed its second flight demonstration of the Hivemind mission autonomy software on the...

June 16, 2025
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Unmanned Systems

US Navy Awards Curtiss-Wright $31M IDIQ Contract for Triton UAV Mission Processors

Curtiss-Wright Corporation announced today that it has been awarded a $31 million firm-fixed-price IDIQ contract by the Naval Surface Warfare Center (NSWC) to supply Airborne Mission Processors (AMP) and...

June 16, 2025
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Missile & Missile Defence

Italy Acquires Advanced Medium-Range Air-to-Air Missiles

The U.S. State Department has approved a potential Foreign Military Sale (FMS) to Italy for Advanced Medium-Range Air-to-Air Missiles (AMRAAM) and associated equipment, with an estimated value of $211...

June 16, 2025
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Unmanned Systems

Saab and General Atomics Collaborate on Unmanned Airborne Early Warning System.

Saab has announced a strategic partnership with General Atomics Aeronautical Systems (GA-ASI) to jointly develop an Unmanned Airborne Early Warning (UAEW) solution. The new system will be based on...

June 16, 2025
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Unmanned Systems

Leonardo and Baykar Form Joint Venture for Unmanned Technologies.

At the International Paris Airshow in Le Bourget, Leonardo and Baykar Technologies officially announced the formation of a joint venture focused on the advancement of unmanned technologies. This follows...

Current Scientific Corporation’s Advanced Surveillance System Chosen for Testing Through Canada’s Innovation Solutions Program.

Current Scientific Corporation, a Canadian developer of electro-optical infrared systems, has announced that its advanced surveillance solution has been selected for testing under the Government of Canada’s Innovation Solutions...

June 16, 2025
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Air Platforms

New Multi-Mission Beechcraft King Air Demonstrator Debuts at Paris Air Show.

Textron Aviation Inc., a Textron Inc. company, has announced that its new multi-mission Beechcraft King Air demonstration aircraft will make its European debut at the 2025 Paris Air Show....