Financial and Investment Updates - currentdefencenews.com

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...

March 23, 2026
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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...

March 23, 2026
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Unmanned Systems

$117M Deal for P550 Recon Drones

The US Army has awarded AeroVironment a $117 million contract for its P550 unmanned aerial system, designed for long-range reconnaissance missions. The drone incorporates advanced AI and modular systems,...

March 19, 2026
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Soldier Systems

Abuja Funds Military Manufacturing Growth

A strategic partnership between Nigus International Investment and Elmirate Investment aims to boost Nigeria’s defense industry through a $200 million investment. The project will establish local manufacturing for key...

March 19, 2026
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Land Platforms

$1.8B Iveco Deal Boosts Ground Capabilities

Through its acquisition of Iveco’s defense business, Leonardo is enhancing its capabilities in land warfare systems. The addition of vehicle platforms complements its existing expertise in electronics and mission...