Financial and Investment Updates

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June 11, 2026
G.Krish
Financial and Investment Updates

Indian Navy to Receive New Satellite Navigation Jammers Under $52M Procurement

India’s Ministry of Defence has awarded a contract to Bengaluru-based Accord Software and Systems Private Limited for the supply of 20 Enhanced Capability Global Navigation Satellite System (GNSS) jammers...

June 11, 2026
G.Krish
Financial and Investment Updates

South Korea Approved to Acquire AMRAAM Missiles in $292M US Deal

The US State Department has authorized a potential Foreign Military Sale valued at $292 million for the supply of AIM-120C-8 Advanced Medium Range Air-to-Air Missiles (AMRAAMs) to South Korea....

June 9, 2026
G.Krish
Financial and Investment Updates

RTX Commits $100 Million to Expand Raytheon Air and Missile Defense Operations

RTX has announced a $100 million investment to expand its Raytheon facility in Rhode Island, responding to increasing demand for advanced air and missile defense capabilities. The funding will...

June 8, 2026
G.Krish
Financial and Investment Updates

US Air Force Orders JSM Lot 2 Production From Kongsberg Under $240.9 Million Deal

The US Air Force (USAF) has awarded Norwegian defense company Kongsberg a contract worth approximately $240.9 million for the second production lot of Joint Strike Missiles (JSM). The agreement...

June 5, 2026
G.Krish
Financial and Investment Updates

New Zealand Secures US Approval for $1.5B Helicopter Purchase

The United States on Friday cleared a potential $1.5 billion sale of MH-60R Seahawk helicopters and associated equipment to New Zealand, aiming to enhance the country’s defense capabilities. According...

June 4, 2026
G.Krish
Financial and Investment Updates

Lebanon receives new EU military support

European leaders are expanding support for Lebanon’s armed forces in an effort to promote long-term stability and reduce the risk of renewed conflict. The newly approved funding package aims...

June 3, 2026
G.Krish
Financial and Investment Updates

US Army Awards ArmorSource Contract for 25,000 Lightweight ACH Gen II Ballistic Helmets

Ohio-based ArmorSource has been awarded a $17.6 million contract by the US Army to supply 25,000 Advanced Combat Helmet Gen II (ACH Gen II) systems, reinforcing efforts to improve...

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...

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...

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...