NEWS - defencenews.online

May 13, 2026
G.Krish
New Product Launches

US Navy Launches 30-Year ‘Golden Fleet’ Expansion Plan Targeting 450+ Warships

The US Navy has unveiled a long-term 30-year shipbuilding strategy aimed at expanding its fleet to more than 450 vessels by the early 2030s while reforming procurement systems and...

May 13, 2026
G.Krish
Financial and Investment Updates

AeroVironment to Equip Pentagon SkyRange Fleet With Advanced Hypersonic Telemetry Receivers

AeroVironment has been awarded a $43 million contract to integrate phased array receivers onto the US Department of Defense’s SkyRange platforms, strengthening telemetry and tracking support for hypersonic missile...

May 12, 2026
G.Krish
Financial and Investment Updates

Swedish Investor Boosts Funding for Ukraine-Focused Drone and Defense Firms

Swedish investment firm Front Ventures has raised 5 million euros ($5.9 million) to support Ukrainian and Nordic defense startups focused on battlefield-proven drones, communications systems, and military software technologies....

May 12, 2026
G.Krish
Financial and Investment Updates

Collins Aerospace Facility in Florida to Grow Under RTX Expansion Plan

RTX is investing $26.5 million to expand Collins Aerospace’s facility in Largo, Florida, to boost production capacity for aviation radar and defense communications systems. The expansion is expected to...

May 12, 2026
G.Krish
Procurement & Contracts

Turkish Air Force to Receive Initial Batch of Indigenous KAAN Jets

Turkey has signed a contract with Turkish Aerospace Industries for the production of the first batch of 20 domestically developed KAAN stealth fighter jets. According to Turkish outlet ULU...

May 12, 2026
G.Krish
R&D

Lockheed Completes Critical NGSRI Missile Seeker Evaluation

Lockheed Martin has successfully completed a major flight test involving the missile seeker developed for the US Army’s Next-Generation Short-Range Interceptor (NGSRI) competition. During the NGSRI Seeker Characterization Flight...

May 12, 2026
G.Krish
Financial and Investment Updates

US Navy Awards General Dynamics Major Virginia-Class Block VI Contract

The US Navy has awarded General Dynamics Electric Boat a not-to-exceed $2.3-billion undefinitized contract action modification tied to the development of Virginia-class Block VI submarines. The contract modification supports...

May 12, 2026
G.Krish
Procurement & Contracts

Australia’s New Mogami-Class Frigates to Receive Raytheon SeaRAM Defense Systems

Mitsubishi Heavy Industries has awarded Raytheon a contract to supply SeaRAM ship self-defense systems for Australia’s future upgraded Mogami-class frigates under the Sea3000 General Purpose Frigate program. As part...

May 12, 2026
G.Krish
Procurement & Contracts

Germany Deploys First TRL-4D Long-Range Radar Under Air Defense Upgrade

HENSOLDT has completed the installation of the first TRL-4D LR long-range air surveillance radar at the Brockzetel site in northern Germany, marking a significant step in the German Air...

May 12, 2026
G.Krish
Financial and Investment Updates

US Missile Defense Agency Awards Lockheed $407M for Guam Defense Network

The US Missile Defense Agency has awarded Lockheed Martin a $407-million contract modification to advance development of Guam’s primary missile defense network. According to a Pentagon announcement, the contract...