Financial and Investment Updates - Weeklydefencenews

May 20, 2026
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Air Platforms

LUCAS Drone Gets Autonomous Pilot

has been selected to provide its Hivemind autonomy software for integration into the Pentagon’s Low-Cost Uncrewed Combat System loitering munition. The AI-enabled software will equip the drone with autonomous...

May 19, 2026
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Air Platforms

Apache, Howitzer Support Deal Approved

India is set to receive expanded support for its Apache helicopters and M777A2 artillery systems after the US approved two defense sustainment packages valued at more than $428 million....

May 19, 2026
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Air Platforms

South Korea approved for US helicopter sale

South Korea has received US approval for a multibillion-dollar military helicopter procurement package that includes advanced Seahawk naval helicopters and Apache upgrade programs. The MH-60R helicopters will strengthen Seoul’s...

May 19, 2026
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Air Platforms

Belgium F-35s to receive strike missiles

The US State Department has cleared Belgium’s request to procure AGM-184 Joint Strike Missiles for its F-35 fleet in a deal worth up to $236 million. The package covers...

May 19, 2026
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Air Platforms

India gets US nod for Apache support

India is set to receive expanded US defense support after Washington cleared $428.2 million worth of sustainment packages for Apache attack helicopters and M777A2 howitzers. Boeing, Lockheed Martin, and...

May 19, 2026
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Air Platforms

South Korea Approved for Helicopter Buy

Washington has cleared potential helicopter sales to South Korea valued at over $4 billion as Seoul continues strengthening its defense posture against North Korean threats. The approved deals include...

May 19, 2026
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Air Platforms

Belgium F-35 Fleet Gets JSM Missiles

The US State Department has approved a possible foreign military sale of AGM-184 Joint Strike Missiles to Belgium for integration with its F-35A fighter aircraft. Developed by Kongsberg, the...

May 18, 2026
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Land Platforms

British Army Orders 72 RCH 155 Guns

Britain has signed a $1.33-billion agreement for 72 RCH 155 artillery systems under its Mobile Fires Platform modernization effort aimed at replacing the long-serving AS-90 howitzer fleet. Developed by...

May 13, 2026
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Communication and Electronics

Pentagon SkyRange Fleet Gets Upgrade

AeroVironment will provide its next-generation PANTHER phased-array telemetry receivers for the Department of Defense’s SkyRange hypersonic testing initiative under a $43-million agreement. Installed aboard modified RQ-4 Global Hawk aircraft,...

May 12, 2026
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Missile & Missile Defence

Lockheed Wins $407M Guam Defense Deal

Lockheed Martin has received a $407-million contract modification from the US Missile Defense Agency to continue work on Guam’s integrated missile defense architecture. The effort expands development and certification...