Financial and Investment Updates

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February 20, 2026
G.Krish
Financial and Investment Updates

Italy Eyes Major Military Growth With $7B Modernization Blueprint

Italy is weighing a major expansion of its armed forces, with plans to increase troop numbers by more than 60 percent over the next 18 years at an estimated...

February 20, 2026
G.Krish
Financial and Investment Updates

BAE Enhances APKWS With IR Guidance for US Air Force Counter-UAS Use

The US Air Force has awarded BAE Systems a contract valued at up to $145 million to develop, produce, and supply an infrared-guided air-to-air counter-drone weapon derived from the...

February 20, 2026
G.Krish
Financial and Investment Updates

$34M Capital Injection Accelerates Terra Industries’ Security Tech Expansion in Africa

Nigeria-based drone developer Terra Industries has secured $34 million in new funding — including $22 million raised in less than two weeks — to scale up its manufacturing operations....

February 20, 2026
G.Krish
Financial and Investment Updates

Britain Funds $6.7M Nyan Drone Program to Strengthen Deep Strike Arsenal

The UK has awarded a £4.99 million ($6.7 million) contract to Callen-Lenz for the supply of kamikaze drones, strengthening the deep-strike capabilities of its armed forces. The agreement covers...

February 10, 2026
G.Krish
Financial and Investment Updates

US Approves $185M Military Spare Parts Package for Ukraine

The US State Department has authorized a potential $185 million foreign military sale of Class IX spare parts and associated equipment to Ukraine. According to a pending Department of...

February 9, 2026
G.Krish
Financial and Investment Updates

Ankara and Cairo seal $350M defence pact to deepen arms ties and co-production

Turkey and Egypt have concluded a $350 million defence cooperation agreement aimed at expanding bilateral military supply chains and establishing joint defence production infrastructure in North Africa. The deal...

February 9, 2026
G.Krish
Financial and Investment Updates

Berlin and Stockholm strengthen CAVS fleet with Kongsberg remote weapon stations

Kongsberg Defence & Aerospace has secured a €140 million ($165 million) contract from Patria to deliver its Protector Remote Weapon Stations for the German and Swedish Common Armored Vehicle...

February 9, 2026
G.Krish
Financial and Investment Updates

Vietnam locks $250M Rafael pact for local production of Spike Firefly systems

Vietnam’s Ministry of Defense has reportedly finalized a $250 million agreement with Rafael Advanced Defense Systems to establish local production of the Spike Firefly loitering munition, known in Hebrew...

February 9, 2026
G.Krish
Financial and Investment Updates

Excalibur Army clinches $300M Southeast Asia contract for Patriot armored fleet

Excalibur Army has landed a $300 million export contract from an undisclosed Southeast Asian customer for the supply of more than 100 Patriot armored vehicles, marking a major international...

February 5, 2026
G.Krish
Financial and Investment Updates

Overland AI Secures $100M Funding to Expand Autonomous Military Vehicle Operations

Overland AI has secured $100 million in funding to expand its autonomous ground vehicle operations with the US Armed Forces, marking a significant milestone in the operational adoption of...