Financial and Investment Updates - currentdefencenews.com

April 4, 2026
Admin
Air Platforms

AMCA Engine Program Gets $7B Boost

India is planning a massive step forward in aerospace by investing around $7 billion to build a powerful engine for its future AMCA Mk-2 fighter jet. The project will...

April 3, 2026
Admin
Weapons and Munition

Major Investment in Anti-UAV Defense

Sweden is investing over $900 million to improve its air defense systems and protect against drone threats. The plan includes buying new radar systems, anti-aircraft weapons, and electronic warfare...

April 2, 2026
Admin
Missile & Missile Defence

Hypersonic Weapons Coming to USS Zumwalt

The US Navy is upgrading its firepower by adding hypersonic missiles to the USS Zumwalt through a $1.35-billion deal with Lockheed Martin. This upgrade replaces older gun systems with...

April 1, 2026
Admin
Air Platforms

US Clears $3.16B AIM-260 Sale to Australia

The United States has taken a significant step in expanding allied air combat capabilities by approving a potential $3.16 billion sale of the AIM-260 Joint Advanced Tactical Missile to...

April 1, 2026
Admin
Air Platforms

Pratt Wins $3.8B F-35 Engine Contract

The US Department of Defense has awarded Pratt & Whitney a $3.8 billion contract to produce F135 engines for the F-35 Lightning II, reinforcing the backbone of the Joint...

March 31, 2026
Admin
Communication and Electronics

Woolpert Wins $49.9M Lidar Mapping Deal

Woolpert has secured a $49.9 million contract from the US Army to support the I-ATLAS program, delivering airborne lidar bathymetry and geospatial analysis for federal agencies. The initiative supports...

March 31, 2026
Admin
Air Platforms

L3Harris, Airbus Win $1B Canada Deal

L3Harris Technologies and Airbus have secured contracts worth 1.5 billion Canadian dollars to support the Royal Canadian Air Force’s CC-330 Husky fleet. The agreements cover long-term sustainment, engineering, and...

March 25, 2026
Admin
Naval Platforms

CACI Wins $85M US Navy Deal

CACI International has secured a contract valued at $85 million under the US Navy’s SeaPort Next Generation program to provide comprehensive engineering and technical support for naval platforms. The...

March 24, 2026
Admin
Naval Platforms

₹40,000 Cr Naval Expansion Announced

India is set to modernize its navy through a major corvette acquisition program worth ₹40,000 crore. Built domestically by Garden Reach Shipbuilders and Goa Shipyard, the ships will replace...

March 23, 2026
Admin
Soldier Systems

Elbit to Supply HUDs for Black Hawk, Chinook

Elbit Systems America has secured a $49.9 million contract from the US Army to deliver heads-up display technology for Black Hawk and Chinook helicopters. The HUD system enables pilots...