Financial and Investment Updates - currentdefencenews.com

December 4, 2025
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Naval Platforms

Saronic Plans $300M Expansion of Louisiana Shipyard

Saronic Technologies is investing $300 million to expand its Franklin, Louisiana shipyard, significantly increasing production capacity for autonomous surface vessels. Supported by state and local partners, the project adds...

November 28, 2025
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Training and Simulation

Lithuania Puts $278M Into US Forces Training Upgrade

Lithuania is investing €240 million to expand and modernize the Pabradė Training Area, improving barracks, dining halls, and fitness facilities to support permanent logistical needs for US rotational forces....

November 13, 2025
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Soldier Systems

Nordic-Baltic Bloc Pledges $500M to Kyiv

The Nordic and Baltic countries have unveiled a coordinated $500-million commitment to NATO’s Prioritised Ukraine Requirements List (PURL), reinforcing their long-standing support for Kyiv’s defense against Russia. The funding...

November 3, 2025
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Land Platforms

Rheinmetall Wins $31M Bradley Support Deal

American Rheinmetall has secured a $31 million contract from the National Center for Manufacturing Sciences (NCMS) to develop and demonstrate forward repair technologies for battle-damaged Bradley infantry fighting vehicles...

October 30, 2025
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Missile & Missile Defence

Lockheed Funds JAGM-Armed Saildrone Project

Lockheed Martin has announced a $50 million investment in Saildrone to integrate a modular JAGM Quad Launcher onto the Saildrone Surveyor unmanned surface vehicle, marking a notable step in...

October 30, 2025
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Land Platforms

Spain OKs $305M Pizarro IFV Upgrade Plan

Spain’s Council of Ministers has approved a €261.8 million ($305 million) program to modernize more than 100 Pizarro infantry fighting vehicles (IFVs) currently serving in the Spanish Army. The...

October 18, 2025
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Land Platforms

Germany, Netherlands Order 222 SCHAKAL IFVs

Germany and the Netherlands have officially signed a €4.5 billion defense contract through the Organisation Conjointe de Coopération en Matière d’Armement (OCCAR) for the supply of 222 SCHAKAL infantry fighting vehicles (IFVs), substantially expanding their joint BOXER armored vehicle fleets .The signing ceremony held in Bonn on October 17, 2025,...

September 26, 2025
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Weapons and Munition

US Army Boosts MK22 Rifle Buy With $14M

The American land forces have expanded their agreement with a Tennessee-based arms maker to acquire additional kits for their new modular sniper system. The weapon allows soldiers to switch...

September 26, 2025
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Weapons and Munition

US Army Orders $640M in 155mm Shells

The army has secured a large-scale contract to acquire high explosive artillery rounds to support its weapons program. The deal addresses growing demand for non-standard munitions used by partners...

September 25, 2025
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Missile & Missile Defence

USAF Backs $4M 3D-Printed Propellant R&D

A defense startup has been awarded a research and development contract worth $4 million from U.S. service innovation channels to develop 3D-printed thermoplastic solid rocket propellants intended to increase...