Financial and Investment Updates - Weeklydefencenews

July 10, 2026
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Blog

Lockheed wins major Apache sustainment deal

Lockheed Martin has secured a major support contract to sustain and modernize the advanced targeting and pilot vision systems installed on AH-64 Apache attack helicopters worldwide. The Modernized Target...

July 3, 2026
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Unmanned Systems

UK unveils $6.6B military drone expansion

The United Kingdom has unveiled a major defense investment focused on expanding the use of unmanned military systems, committing more than £5 billion over the next four years. The...

June 25, 2026
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Naval Platforms

HII secures major US Navy fleet support deal

HII will continue supporting critical shipboard operations across the US Navy after securing a major multi-year contract focused on maintaining elevator and cargo handling systems aboard aircraft carriers and...

June 23, 2026
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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....

June 12, 2026
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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,...

June 11, 2026
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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...

June 11, 2026
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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...

June 9, 2026
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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...

June 8, 2026
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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...

June 5, 2026
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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...