Financial and Investment Updates - currentdefencenews.com

March 11, 2026
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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
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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
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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
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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
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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
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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...

February 27, 2026
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Unmanned Systems

Polish Firm Boosts Local Drone Output

Poland-based FlyFocus secured €4.5 million in its first institutional funding round to expand manufacturing capacity and research activities. The investment will fund a new production facility in Poland and...

February 27, 2026
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Communication and Electronics

Jordan Cleared for US Ku-Band Radar

The US Department of State approved a potential $280 million foreign military sale to Jordan for Ku-band Multi-Function Radio Frequency Systems. The radars, supplied by RTX Missile Defense Technologies,...

February 26, 2026
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Air Platforms

Pratt Invests $200M in Engine Facility

RTX subsidiary Pratt & Whitney has announced a $200-million investment to expand manufacturing capabilities at its Columbus, Georgia facility, aiming to meet growing demand for military and commercial aircraft...

February 24, 2026
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Missile & Missile Defence

Anduril Lands $43M Rocket Motor Contract

The US Department of Defense has awarded Anduril Industries an additional $43.7 million to expand domestic production of solid rocket motors, a key component in modern munitions. This funding,...