Financial and Investment Updates - currentdefencenews.com

April 6, 2026
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Land Platforms

Cottonmouth ARV Enters Pre-Production Phase

Textron has been selected to develop next-generation reconnaissance vehicles for the US Marine Corps under a major pre-production agreement. The Cottonmouth platform offers flexibility through different configurations, including combat...

April 4, 2026
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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
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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
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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
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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
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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
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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
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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
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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
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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...