Financial and Investment Updates - currentdefencenews.com

May 20, 2026
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Air Platforms

Pentagon Funds F-35 EW Upgrade

has been awarded a $991.12-million contract by the US Department of Defense to supply 432 electronic warfare modification kits for F-35 Lightning II fighter aircraft. The upgrades are expected...

May 20, 2026
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Communication and Electronics

Arkeus Raises $18M for AI Sensors

Australian defense technology company has raised 25 million Australian dollars ($18 million) in Series A funding to scale its AI-enabled battlefield sensing technology for allied defense markets. The company...

May 19, 2026
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Air Platforms

US Clears $4.2B Helicopter Deal

The United States has approved military helicopter sales worth more than $4 billion to South Korea, including 24 MH-60R Seahawk naval helicopters and upgrades for the country’s Apache attack...

May 19, 2026
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Air Platforms

US Approves JSM Sale to Belgium

Belgium is set to strengthen the strike capability of its future F-35 fighter fleet after the US approved a potential $236-million sale of Joint Strike Missiles. The package includes...

May 19, 2026
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Air Platforms

US Clears $428M Support for India

The United States has approved two military support packages worth a combined $428.2 million for India’s Apache attack helicopters and M777A2 ultra-light howitzers. The Apache package includes engineering, logistics,...

May 18, 2026
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Land Platforms

UK Signs $1.33B RCH 155 Deal

The UK has awarded a nearly 1-billion-pound contract to procure 72 RCH 155 self-propelled artillery systems as replacements for the aging AS-90 fleet. The agreement with ARTEC, a joint...

May 13, 2026
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Communication and Electronics

AeroVironment Adds SkyRange Receivers

AeroVironment has secured a $43-million contract to equip the Pentagon’s SkyRange hypersonic test fleet with its advanced PANTHER phased-array telemetry receiver systems. The award supports the ongoing transformation of...

May 12, 2026
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Missile & Missile Defence

Guam Missile Shield Boosted by Lockheed

The US Missile Defense Agency has awarded Lockheed Martin an additional $407 million for continued development of Guam’s missile defense shield. The project supports a layered architecture integrating sensors,...

May 12, 2026
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Naval Platforms

$2.3B Contract for Virginia-Class Subs

General Dynamics Electric Boat has secured a not-to-exceed $2.3-billion contract action modification from the US Navy for Virginia-class Block VI submarines. The award covers early manufacturing and procurement of...

May 12, 2026
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Communication and Electronics

Florida Radar Facility Expansion Announced

RTX has announced a $26.5-million investment to boost manufacturing capacity at its Collins Aerospace site in Florida. The expansion aims to meet rising demand for military communications and airspace...