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Segment: Investment and Financial Announcements

defencenews.online > NEWS > Investment and Financial Announcements
  • June 23, 2025
  • Admin
  • Soldier Systems

Theon Achieves c.EUR 50 Million in Fresh Orders, Pushing Revenue Projections Toward EUR 430 Million Ceiling.

Theon International Plc (THEON) has confirmed receiving approximately €50 million in new orders. These consist of a diverse range of products and stem from several smaller contracts and direct...
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  • June 23, 2025
  • Admin
  • Missile and Missile Defense

Key Updates and Announcements on the Barak MX System.

The BARAK MX is a multi-layered air defense system capable of countering various airborne threats, including fighter jets, ballistic missiles, cruise missiles, rockets, and anti-ship missiles. It is already...
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  • June 23, 2025
  • Admin
  • Unmanned Systems

Teledyne FLIR’s Black Hornet 4 Nano-Drone Officially Included in Defense Innovation Unit’s Blue UAS List.

Teledyne FLIR Defense, a division of Teledyne Technologies, has announced that its Black Hornet® 4 Personal Reconnaissance System has passed cybersecurity and NDAA verification, earning its place on the...
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  • June 19, 2025
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  • Naval Platforms

GDEB Wins $987M Contract Change to Support Long-Lead Procurement and Construction of Submarines.

General Dynamics Electric Boat, a subsidiary of General Dynamics, has announced a $987 million modification to its existing submarine production contract. The new agreement enhances efforts in component development,...
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  • June 18, 2025
  • Admin
  • Defence news online - Air Platforms

Embraer’s C-390 Millennium Selected by Lithuania to Reinforce Military Capability and Readiness.

Lithuania’s Ministry of National Defence has confirmed the Embraer C-390 Millennium as the country’s next-generation military transport aircraft. This milestone enhances Lithuania’s operational readiness and interoperability within NATO, and...
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  • June 18, 2025
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  • Communication and Electronics

Safran and Babcock Advance Franco-British Defence Relations via New Memorandum of Understanding.

Safran Electronics & Defense, a global leader in sophisticated defence technologies, and Babcock International Group have announced an initiative to increase collaboration across multi-domain mission systems, aircraft engines, space...
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  • June 18, 2025
  • Admin
  • Defence news online - Air Platforms

Lockheed Martin Presents Cutting-Edge Performance Outcomes for the C-130J Super Hercules.

Lockheed Martin continues to transform tactical airlift with the C-130J Super Hercules and today announced a major advancement in wing structure testing, greatly surpassing expectations by validating an extended...
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  • June 17, 2025
  • Admin
  • Unmanned Systems

Shield AI Achieves Milestone in Combat Autonomy with Second MQ-20 Avenger Air Trial.

Shield AI Pushes Boundaries with Second Flight Test of Hivemind Autonomy on MQ-20 Shield AI has completed its second flight demonstration of Hivemind, an advanced autonomy software, onboard the...
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  • June 16, 2025
  • Admin
  • Unmanned Systems

$31 Million IDIQ Contract Awarded to Curtiss-Wright for Triton UAV Components by US Navy

Curtiss-Wright Corporation has secured a $31 million IDIQ contract from the Naval Surface Warfare Center (NSWC) to provide Airborne Mission Processors (AMP) and spare parts for the U.S. Navy’s...
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  • June 16, 2025
  • Admin
  • Missile and Missile Defense

Italy Invests in Next-Generation Medium-Range Air-to-Air Missile Systems

The U.S. State Department has approved a potential Foreign Military Sale to Italy involving Advanced Medium-Range Air-to-Air Missiles (AMRAAMs) and associated equipment valued at $211 million. The Defense Security...
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  • Sweden awards Saab a $220M contract for ground-based air defense components
  • Saab unveils the world’s first fifth-generation combat submarine
  • Naval Group collaborates with Dutch industry to build the Royal Netherlands Navy’s Orka submarines
  • Saab and CAE sign global training agreement for the GlobalEye surveillance aircraft

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BAE Systems wins $22M US Navy… November 26, 2025
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