Financial and Investment Updates - Weeklydefencenews

April 6, 2026
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Missile & Missile Defence

US Clears $83M GMLRS Warhead Sale to Singapore

The US State Department has approved a potential $83.14 million sale of Guided Multiple Launch Rocket System–Alternative Warheads (GMLRS-AW) to Singapore. The package includes 45 M30A2 rocket pods, along...

April 4, 2026
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Air Platforms

India Plans $7B Co-Development for AMCA Engine

Ministry of Defence is preparing a major financial commitment of nearly $7 billion to co-develop a next-generation jet engine for the AMCA Mk-2 program. The project, led by Defence...

April 3, 2026
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Weapons and Munition

Sweden to Spend $900M on Counter-Drone Systems

Sweden has announced a significant investment exceeding $900 million to enhance its air and drone defense capabilities. The funding will support the acquisition of advanced radar systems, anti-aircraft weapons,...

April 2, 2026
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Missile & Missile Defence

US Navy Awards $1.35B to Lockheed for Zumwalt Hypersonics

The US Navy has awarded Lockheed Martin a $1.35-billion contract modification to advance the production and integration of the Conventional Prompt Strike (CPS) hypersonic weapon system aboard the USS...

April 1, 2026
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Air Platforms

Australia to Get AIM-260 Missiles in $3.16B Deal

In a landmark move reflecting evolving defense partnerships, the United States has cleared a potential $3.16 billion sale of the AIM-260 Joint Advanced Tactical Missile to Australia, marking a...

April 1, 2026
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Air Platforms

$3.8B Deal to Boost F-35 Engine Output

The US Department of Defense has expanded its investment in next-generation airpower by awarding Pratt & Whitney a $3.8 billion contract for the production of F135 engines powering the...

March 31, 2026
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Communication and Electronics

$49.9M Contract for Coastal Mapping

The US Army has awarded Woolpert a two-year contract to provide technical and operational support for the I-ATLAS program, which uses airborne lidar to map coastal and shallow-water environments....

March 31, 2026
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Air Platforms

$1B Support Deal for CC-330 Fleet

Canada has awarded major contracts to L3Harris Technologies and Airbus to maintain and support the CC-330 Husky aircraft fleet. The program focuses on sustainment, technical services, and fleet readiness,...

March 25, 2026
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Naval Platforms

$85M Contract for Navy Fleet Support

The US Navy has awarded CACI International an $85-million contract to deliver engineering, technical, and digital support services under its SeaPort Next Generation framework. The work will involve enhancing...

March 23, 2026
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Soldier Systems

US Army Picks Elbit for Helo HUD Systems

The US Army has awarded Elbit Systems America a $49.9 million contract to supply advanced heads-up display (HUD) systems for its UH-60 Black Hawk and CH-47 Chinook helicopter fleets....