Financial and Investment Updates

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March 26, 2026
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Financial and Investment Updates

US Clears $340M Deal Supporting Japan’s Hypersonic Gliding Projectile Program

The US State Department has cleared a $340 million foreign military sale to support Japan’s upgraded Hyper Velocity Gliding Projectile (HVGP) program, covering a range of equipment and services....

March 25, 2026
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Financial and Investment Updates

US Navy Awards $85M Fleet Engineering Contract to CACI

CACI International has been awarded an $85 million contract to continue delivering engineering and technical support for the US Navy’s fleet, including ships, submarines, and other maritime platforms. Issued...

March 24, 2026
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Financial and Investment Updates

India Moves Ahead With ₹40,000 Crore Programme for New-Generation Naval Corvettes

India is set to advance its naval modernisation agenda as the Cabinet Committee on Security is expected to approve a ₹40,000 crore programme for eight New Generation Corvettes. These...

March 23, 2026
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Financial and Investment Updates

US Army Chooses Elbit to Supply HUD Systems for Black Hawk and Chinook Helicopters

The US Army has selected Elbit Systems America under a $49.9 million deal to deliver advanced heads-up displays for its UH-60 Black Hawk and CH-47 Chinook helicopter fleets. The...

March 23, 2026
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Financial and Investment Updates

AeroVironment Lands $117M US Army Contract for P550 Long-Range Recon Drones

AeroVironment Inc. has won a $117 million US Army contract to deliver its P550 long-range reconnaissance UAV system. Under the deal, task orders will define funding and work locations,...

March 19, 2026
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Financial and Investment Updates

General Dynamics secures $15B contract for Columbia-class submarine development

The US Navy has issued a $15.38-billion contract modification to General Dynamics Electric Boat to support and accelerate development of the Columbia-class submarine program. As the Navy’s highest-priority acquisition,...

March 19, 2026
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Financial and Investment Updates

Nigeria obtains $200M to boost defense manufacturing

Nigus International Investment Limited has partnered with Elmirate Investment to sign a memorandum of understanding valued at up to $200 million for advancing defense manufacturing in Nigeria. The agreement...

March 19, 2026
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Financial and Investment Updates

Leonardo boosts land defense portfolio with $1.8B Iveco deal

Leonardo has completed the €1.6-billion ($1.8-billion) acquisition of Iveco Group’s defense business, reinforcing its expansion into the land systems segment. The transaction brings Iveco Defence Vehicles and ASTRA into...

March 17, 2026
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Financial and Investment Updates

$200M ESAero acquisition enhances AeroVironment’s UAS portfolio

AeroVironment has acquired California-based Empirical Systems Aerospace for approximately $200 million, enhancing its capabilities in the design, prototyping, and production of advanced unmanned aircraft systems for defense use. ESAero...

March 16, 2026
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Financial and Investment Updates

United States backs Latvia’s coastal defense upgrade with Naval Strike Missile funding

The US Navy has awarded Kongsberg Defence and Aerospace a contract worth $45.5 million to supply the Naval Strike Missile Coastal Defense System to Latvia. Issued under the Foreign...