NEWS - defencenews.online

May 20, 2026
G.Krish
Financial and Investment Updates

Shield AI equips LUCAS drone with AI pilot

The US has partnered with Shield AI to integrate Hivemind autonomy software into the Low-Cost Uncrewed Combat System (LUCAS), a loitering munition designed for large-scale swarm operations. Inspired by...

May 20, 2026
G.Krish
Procurement & Contracts

Airbus opens A330 conversion center in Spain

Airbus Defence and Space will establish a new A330 MRTT conversion facility in Seville, Spain, to support rising global demand for military tanker aircraft. The site will handle the...

May 20, 2026
G.Krish
Procurement & Contracts

Babcock expands defense engineering capacity

British defense company Babcock has teamed up with Canada’s AtkinsRéalis under a five-year agreement to strengthen engineering support for UK defense and submarine programs. The partnership is designed to...

May 20, 2026
G.Krish
Procurement & Contracts

UAV SIGINT partnership formed by Quantum, R&S

Quantum Systems and Rohde & Schwarz have partnered to integrate advanced signal intelligence (SIGINT) payloads onto tactical unmanned aerial vehicles. The collaboration aims to bring sophisticated electronic intelligence capabilities,...

May 20, 2026
G.Krish
Financial and Investment Updates

Canada upgrades CC-130J fleet with $1.15B deal

Canada has approved contract amendments worth $1.15 billion with Lockheed Martin to extend maintenance and modernization support for the Royal Canadian Air Force’s CC-130J Hercules fleet. The package includes...

May 20, 2026
G.Krish
Financial and Investment Updates

Arkeus raises $18M for AI sensing systems

Australian defense technology company Arkeus has raised 25 million Australian dollars ($18 million) in Series A funding to accelerate development of its AI-powered battlefield sensing systems. The company specializes...

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...

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...

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...

May 20, 2026
G.Krish
Procurement & Contracts

Serbia unveils armed IKA-20-M drone

PR-DC has introduced a new armed version of its IKA-20-M military multicopter platform equipped with a 7.62mm machine gun capable of firing up to 250 rounds during a single...