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Segment: Financial and Investment Updates

Weeklydefencenews > Weekly Defence News > Financial and Investment Updates
  • June 23, 2026
  • Admin
  • Weapons and Munition

UAE Orders EOS Slinger Counter-UAS Systems Under $124M Contract

The UAE has awarded Electro Optic Systems a contract worth $124 million for the acquisition of its Slinger counter-drone remote weapon system, reinforcing the platform’s growing global customer base....
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  • June 12, 2026
  • Admin
  • Communication and Electronics

Alta Ares raises $57M for AI defense growth

French-Ukrainian defense technology company Alta Ares has secured €50 million in funding to accelerate production and development of its AI-enabled air defense systems. The company specializes in autonomous detection,...
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  • June 11, 2026
  • Admin
  • Communication and Electronics

$52M Deal Signed for Navigation Jammers

In a significant boost to indigenous electronic warfare capabilities, the Indian Navy will receive 20 advanced GNSS jammers under a new contract awarded to Accord Software and Systems. Valued...
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  • June 11, 2026
  • Admin
  • Missile & Missile Defence

South Korea Approved for AMRAAM Missiles

Washington has authorized a potential sale of AIM-120C-8 AMRAAM missiles worth approximately $292 million to South Korea, further strengthening the country’s air combat capabilities. The package includes 70 beyond-visual-range...
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  • June 9, 2026
  • Admin
  • Missile & Missile Defence

Raytheon Expands Rhode Island Facility

Kongsberg has secured a major US Air Force contract to produce additional Joint Strike Missiles, further expanding the operational capabilities of the F-35 fighter fleet. Valued at nearly $241...
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  • June 8, 2026
  • Admin
  • Missile & Missile Defence

Joint Strike Missile production ramps up

The US Air Force has placed a major production order for additional Joint Strike Missiles, reinforcing the weapon’s position as a key component of the F-35’s strike arsenal. Designed...
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  • June 5, 2026
  • Admin
  • Air Platforms

US Clears $1.5B Helicopter Sale to NZ

The United States has approved a proposed $1.5-billion Foreign Military Sale to New Zealand for MH-60R Seahawk helicopters and associated equipment, reinforcing defense ties between the two nations. According...
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  • June 4, 2026
  • Admin
  • Unmanned Systems

New EU Support Package for Lebanon Army

The EU has authorized an additional €100 million in support for Lebanon’s armed forces amid concerns over the fragile security situation along the Israeli-Lebanese border. European officials view the...
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  • June 3, 2026
  • Admin
  • Soldier Systems

ArmorSource Wins $17.6M Helmet Contract

ArmorSource has been awarded a $17.6-million contract to supply 25,000 Advanced Combat Helmet Generation II (ACH Gen II) systems to the US Army, reinforcing efforts to improve soldier survivability...
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  • June 1, 2026
  • Admin
  • Land Platforms

Additional Borsuk Vehicles Ordered

Poland has taken another significant step toward modernizing its land forces by ordering 146 additional Borsuk infantry fighting vehicles under a contract valued at approximately 7.5 billion zloty. The...
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Recent Posts

  • UAE Orders EOS Slinger Counter-UAS Systems Under $124M Contract
  • Thales Unveils Upgraded Bushmaster 5.6 for Multi-Mission Operations
  • Canada Secures Over-the-Horizon Radar Capability Through $2.5B Agreement
  • Thales and Netherlands Invest in Expanded Radar Manufacturing Infrastructure
  • Teledyne Unveils 360-Degree Vision Systems for Military Vehicles

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UAE Orders EOS Slinger Counter-UAS Systems… June 23, 2026
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