Financial and Investment Updates

defencenews.online > NEWS > Financial and Investment Updates

April 6, 2026
G.Krish
Financial and Investment Updates

Textron wins $450 million USMC deal to begin Cottonmouth ARV initial production phase

Textron Systems has secured a pre-production development contract for the US Marine Corps’ (USMC) Cottonmouth Advanced Reconnaissance Vehicle (ARV), valued at $450 million. The agreement covers the delivery of...

April 6, 2026
G.Krish
Financial and Investment Updates

United States authorizes $83 million arms sale of GMLRS variant warheads to Singapore

The US State Department has approved a potential Foreign Military Sale (FMS) of Guided Multiple Launch Rocket System–Alternative Warheads (GMLRS-AW) to Singapore. The proposed deal, valued at $83.14 million,...

April 4, 2026
G.Krish
Financial and Investment Updates

India pushes forward a $7B program to jointly develop sixth-generation AMCA engine technology

India’s Ministry of Defence (MoD) is preparing to make a significant strategic investment in its aerospace capabilities, with an estimated allocation of approximately $7 billion for the co-development of...

April 3, 2026
G.Krish
Financial and Investment Updates

Sweden Allocates $900M to Enhance Anti-Drone Defense Systems

Sweden’s government has announced an investment exceeding $900 million to strengthen its air and counter-drone defense capabilities. The funding will support a range of systems, including radar networks, anti-aircraft...

April 2, 2026
G.Krish
Financial and Investment Updates

Lockheed Secures $1.35B Deal to Deploy Hypersonic Weapons on USS Zumwalt for US Navy

The US Navy has awarded Lockheed Martin a $1.35 billion contract modification to advance the production and integration of the Conventional Prompt Strike (CPS) hypersonic weapon system on board...

April 1, 2026
G.Krish
Financial and Investment Updates

Washington Greenlights $3.16B Transfer of AIM-260 Missiles to Australia

The US Congress has cleared a potential $3.16 billion Foreign Military Sale to Australia for up to 450 AIM-260 Joint Advanced Tactical Missiles (JATM), positioning Canberra as the likely...

April 1, 2026
G.Krish
Financial and Investment Updates

Pentagon Awards $3.8B Deal to Pratt & Whitney for Expanded F-35 Engine Production

The US Department of Defense has awarded Pratt & Whitney, an RTX business unit, a $3.8 billion contract for the production of F135 engines powering the F-35 Lightning II...

March 31, 2026
G.Krish
Financial and Investment Updates

US Awards Woolpert $49.9M Contract for Airborne LiDAR Coastal Surveying

The US Army has awarded Ohio-based Woolpert a $49.9 million, two-year contract to continue supporting the Interagency Airborne Technologies for Lidar, Analysis, and Surveying (I-ATLAS) program, which delivers coastal...

March 31, 2026
G.Krish
Financial and Investment Updates

Canada Awards $1B Support Contracts to L3Harris, Airbus for CC-330 Husky

L3Harris Technologies and Airbus have been awarded contracts worth a combined 1.5 billion Canadian dollars ($1.07 billion) to support and sustain the Royal Canadian Air Force’s new CC-330 Husky...

March 30, 2026
G.Krish
Financial and Investment Updates

Washington Greenlights $356M Defence Communications Sale to South Korea, Belgium

The US State Department has approved over $350 million in communications equipment sales to South Korea and Belgium, highlighting efforts to strengthen secure battlefield connectivity among key allies. Washington...