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$124M Agreement Boosts Global Reach of EOS…
Thales Develops Advanced Bushmaster Version With Precision-Strike…
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Financial and Investment Updates

defencenews.online > NEWS > Financial and Investment Updates
  • June 1, 2026
  • G.Krish
  • Financial and Investment Updates

Poland Expands Borsuk Fleet With New $2.07 Billion Infantry Fighting Vehicle Deal

Poland has signed a contract worth approximately 7.5 billion zloty ($2.07 billion) with a consortium led by the Polish Armaments Group and Huta Stalowa Wola for the delivery of...
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  • June 1, 2026
  • G.Krish
  • Financial and Investment Updates

Elbit Awarded Major Contract for Advanced Tank Fire Control and AI Sensor Upgrades

Elbit Systems has won a $350 million contract to modernize a fleet of main battle tanks for an undisclosed international customer, reinforcing the growing global focus on extending the...
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  • May 28, 2026
  • G.Krish
  • Financial and Investment Updates

Rheinmetall Awarded Major German Army Vehicle Procurement Deal

German Armed Forces has awarded Rheinmetall a contract worth 1.015 billion euros ($1.18 billion) for the delivery of more than 2,000 military logistics vehicles. The procurement falls under a...
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  • May 27, 2026
  • G.Krish
  • Financial and Investment Updates

Elbit Secures $1.4 Billion European Military Modernization Deal

Israeli defense firm Elbit Systems has been awarded a $1.4-billion contract to support a large-scale military modernization program for an undisclosed European customer. The five-year agreement focuses on enhancing...
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  • May 27, 2026
  • G.Krish
  • Financial and Investment Updates

US Expands Funding for AeroVironment Counter-Drone Missile Production

The US government has committed an additional $20.2 million to AeroVironment to expand production capacity for its Freedom Eagle-1 (FE-1) kinetic counter-drone missile. The funding will support the expansion...
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  • May 25, 2026
  • G.Krish
  • Financial and Investment Updates

Arcfield secures new US Navy deal to continue engineering support for submarine combat control systems

The US Navy Undersea Warfare Center Division Newport has awarded Arcfield a follow-on contract worth $75 million to continue supporting the Code 25 submarine combat control systems (CCS) programme...
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  • May 20, 2026
  • G.Krish
  • Financial and Investment Updates

US boosts counter-drone push with contract

Perennial Autonomy has received a US military contract worth up to $500 million to support counter-drone operations through AI-enabled interception systems. The agreement includes platforms such as the Merops...
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  • May 20, 2026
  • G.Krish
  • Financial and Investment Updates

QinetiQ to test UK Army RCH155 howitzer

QinetiQ has secured an £18-million ($24 million) contract from the UK’s National Armaments Director Group to conduct testing and assurance work for the British Army’s new Remote Controlled Howitzer...
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  • May 20, 2026
  • G.Krish
  • Financial and Investment Updates

Draganfly acquires Skip Dynamix drone assets

Canadian drone manufacturer Draganfly has agreed to acquire key assets from Skip Dynamix’s drone business in a deal worth up to $7.5 million. The acquisition expands Draganfly’s portfolio of...
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  • May 20, 2026
  • G.Krish
  • Financial and Investment Updates

Pentagon backs major F-35 EW upgrade

The US Department of Defense has awarded Lockheed Martin a $991-million contract to produce 432 electronic warfare modification kits for the F-35 Lightning II fighter aircraft. The upgrades are...
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Recent Posts

  • $124M Agreement Boosts Global Reach of EOS Slinger RWS
  • Thales Develops Advanced Bushmaster Version With Precision-Strike Potential
  • $2.5B OTHR Deal Strengthens Canada’s Northern Defense Network
  • Thales to Increase Dutch Radar Output Through Major Facility Expansion
  • Teledyne Expands Vehicle Vision Capabilities With Three-System Suite

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$124M Agreement Boosts Global Reach of… June 23, 2026
Thales Develops Advanced Bushmaster Version With… June 23, 2026
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