Financial and Investment Updates - currentdefencenews.com

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...

May 12, 2026
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Unmanned Systems

$5.9M Raised for Defense Tech Firms

Front Ventures has secured 5 million euros in new funding to back defense technology startups focused on drones, battlefield software, and communications technologies. The company targets early-stage firms with...

May 11, 2026
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Missile & Missile Defence

Norway Allocates $304M for Patriot Aid

Norway has announced an additional 2.8 billion kroner ($304 million) contribution to NATO’s Prioritized Ukraine Requirements List (PURL) initiative, including funding for Patriot air defense interceptors for Ukraine. The...

May 9, 2026
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Soldier Systems

Poland Signs $52B Defense Loan Deal

Poland has become the first nation to finalize a loan agreement under the European Union’s SAFE defence initiative, securing nearly 43.7 billion euros to modernize its military and defence...