Financial and Investment Updates - Weeklydefencenews

July 29, 2025
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Missile & Missile Defence

Lockheed Martin is given a $2 billion US contract for THAAD interceptors.

Lockheed Martin has secured a $2-billion contract from the US Missile Defense Agency to manufacture Terminal High Altitude Area Defense (THAAD) interceptors, with production to be carried out across...

July 22, 2025
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Land Platforms

Czech Republic May Halt Payments Due to Caesar Howitzer Delivery Setbacks

The Czech government is considering suspending advance payments for the acquisition of 62 Caesar 8×8 self-propelled howitzers from French defense contractor KNDS, citing repeated contractual non-compliance and ongoing delivery...

July 22, 2025
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Missile & Missile Defence

Washington Approves $620M Coastal Defense Missile Deal with Bulgaria

The United States has approved a prospective $620 million Foreign Military Sale to Bulgaria, encompassing a Naval Strike Missile Coastal Defense System and a range of supporting equipment. This...

July 22, 2025
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Naval Platforms

LA-Based Defense Tech Firm Secures $260M for AI-Driven Factory Expansion

The Los Angeles-based defense manufacturing firm Hadrian has closed a $260 million funding round aimed at fueling its expansion into AI-driven precision manufacturing. This capital will launch new facilities...

July 15, 2025
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Unmanned Systems

XTEND Increases $30 Million to Expand AI-Powered Battlefield Robotics

To support the expansion of its AI-enabled tactical robotics systems, XTEND has secured an extra $30 million in funding. The funds will support increased production capacity, real-time AI integration,...

July 4, 2025
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Land Platforms

The US Army Is Investing In Future-Proof Vehicle Protection Systems

The US Army is spending $107.8 million to develop and install modern protection systems for its tracked vehicles, improving the fleet’s survivability by utilizing cutting-edge technologies. According to a...

July 4, 2025
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Air Platforms

To counter China’s strategy to dominate the skies, the United States will spend $3.5 billion on new F-47 fighter jets.

The United States reaffirmed its strategic commitment to air superiority with a $3.5 billion allocation in the defense budget 2026 for the Next Generation Air Dominance (NGAD) platform, the...

July 3, 2025
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Weapons and Munition

To increase its output of 155mm ammunition, Poland is investing $662 million.

According to a Wednesday statement, The government-backed Polish Capital Investment Fund (FIK) will provide over 2.4 billion zloty ($662.9 million) to four companies from the Polish Armaments Group (PGZ)...

June 26, 2025
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Air Platforms

Over the Price of F-35 Fighter Jets, US and Switzerland Dispute

Switzerland and the United States are in disagreement over the final cost of 36 Lockheed Martin F-35A fighter jets intended to replace the Swiss Air Force’s aging fleet. While...

May 30, 2025
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Cybersecurity

UK to invest $1.3 billion in a new offensive cyber unit and an AI-driven targeting network

The UK is investing over a billion pounds ($1.3 billion) to create a new offensive cyber unit and construct an artificial intelligence (AI)-enabled targeting network with the goal of...