NEWS - defencenews.online

May 27, 2026
G.Krish
R&D

Greece Selects Thales to Upgrade Hydra-Class Frigate Systems

Greece has awarded Thales a contract to modernize the mission systems of the Hellenic Navy’s Hydra-class frigates. The agreement covers the integration of the latest Tacticos Combat Management System,...

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...

May 27, 2026
G.Krish
New Product Launches

India Launches Defence Forces Vision 2047 Reform Roadmap

India has unveiled a long-term military transformation plan detailing how it intends to modernize and restructure its armed forces over the next two decades. Called “Defence Forces Vision 2047,”...

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...

May 27, 2026
G.Krish
Mergers & JV

Dutch Parliament Receives OCCAR Accession Proposal

The Netherlands has formally moved toward joining a major European defense procurement organization after the government submitted accession legislation to parliament. The proposal, introduced to the Dutch House of...

May 26, 2026
G.Krish
R&D

Indonesia Advances to Pre-Production Stage for Scorpene Submarines

Indonesia’s state-owned shipbuilder PT PAL has entered the pre-production phase for the Scorpene-class diesel-electric attack submarines planned for the Indonesian Navy. The move is part of a 2024 program...

May 26, 2026
G.Krish
R&D

Japan Pushes Mogami-Class Frigate Offer to New Zealand

Japan is preparing formal discussions to offer the upgraded version of its domestically developed Mogami-class multi-mission stealth frigate to New Zealand, with defense officials from both countries expected to...

May 26, 2026
G.Krish
R&D

South Korea Plans Domestic Construction of Nuclear-Powered Submarines

South Korea will domestically build its future nuclear-powered submarines, the defense minister announced Tuesday, with the first vessel expected to enter service in the mid-2030s. The move is part...

May 26, 2026
G.Krish
Procurement & Contracts

USMC Orders Additional MRZR Alpha Tactical Vehicles With 5kW Power Variant

The US Marine Corps (USMC) has awarded Polaris Government and Defense a new contract for additional MRZR Alpha Ultra-Light Tactical Vehicles (ULTVs), marking the first procurement of the platform’s...

May 26, 2026
G.Krish
R&D

Netherlands Moves Toward OCCAR Membership With New Defense Procurement Bill

The Dutch Armed Forces are set to enhance their Boxer armored vehicles with new counter-drone technologies under a comprehensive modernization program aimed at extending the fleet’s combat relevance beyond...