Financial and Investment Updates - currentdefencenews.com

March 13, 2026
Admin
Communication and Electronics

USAF Cloud One Platform Modernization Contract

Leidos has secured a contract valued at 454.9 million dollars to modernize the Cloud One infrastructure used by the United States Air Force. Cloud One is a secure platform...

March 12, 2026
Admin
Unmanned Systems

Canberra Expands Autonomous Maritime Fleet

The Australian government has ordered 40 additional Bluebottle unmanned surface vessels from Ocius Technology, expanding the navy’s autonomous maritime fleet to 55 units. The platform was developed jointly with...

March 11, 2026
Admin
Weapons and Munition

Sweden Cleared for HIMARS, GMLRS Deal

Sweden is set to acquire 20 M142 HIMARS launchers under a $930-million foreign military sales agreement approved by the United States. The deal includes multiple types of guided rocket...

March 11, 2026
Admin
Land Platforms

New Seats Ordered for Mowag Eagle Vehicles

Defense equipment supplier Med‑Eng has received contracts valued at $86.4 million to deliver blast-mitigation seating systems for Eagle V armored vehicles built by General Dynamics European Land Systems. The...

March 11, 2026
Admin
Missile & Missile Defence

Alabama Missile Plant Expansion Announced

A major expansion project has been announced by Lockheed Martin for its missile production facility in Alabama. The company will invest over $150 million to upgrade infrastructure and support...

March 10, 2026
Admin
Weapons and Munition

US Firm Invests in Israeli Drone Maker Aerodrome

US-based defense technology company EagleNXT has announced a strategic investment in Israeli firm Aerodrome as part of efforts to expand its capabilities in autonomous defense systems and loitering munition...

March 10, 2026
Admin
Soldier Systems

Canada Pledges $663M for Drone Research

Canada is preparing to invest more than 900 million Canadian dollars ($663 million) to expand research and development related to drones and airborne defense technologies. The funding initiative will...

March 10, 2026
Admin
Air Platforms

GE Aerospace Invests $1B in US Manufacturing

GE Aerospace has announced plans to invest $1 billion across its US manufacturing facilities and supplier network to strengthen defense production capabilities, boost aircraft engine output, and accelerate delivery...

March 10, 2026
Admin
Communication and Electronics

Indra Leads $10.5M Defense Electronics Push

Indra Group has launched an initiative to build Spain’s first domestic ecosystem for gallium nitride technology, aiming to strengthen the country’s capabilities in advanced defense electronics and communications systems....

March 9, 2026
Admin
Missile & Missile Defence

Hanwha to Invest in Estonia Defense

South Korean defense company Hanwha Aerospace has unveiled a 100-million-euro investment plan aimed at strengthening Estonia’s defense industry through new infrastructure, manufacturing, and cooperation initiatives. The package includes the...