Financial and Investment Updates - Weeklydefencenews

March 23, 2026
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Unmanned Systems

AV Wins $117M Army Drone Contract

AeroVironment has secured a $117 million contract to supply its P550 long-range reconnaissance UAVs to the US Army under its LRR program. The electric vertical takeoff and landing drone...

March 19, 2026
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Soldier Systems

Nigeria Secures $200M for Defense Industry

Nigus International Investment Limited and Elmirate Investment have entered into a major agreement to develop defense manufacturing capabilities in Nigeria. The initiative focuses on reducing reliance on imports by...

March 19, 2026
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Land Platforms

Leonardo Strengthens Land Defense via Iveco Buy

Leonardo has completed a major acquisition of Iveco Group’s defense division, expanding its presence in land-based military systems. By integrating vehicle manufacturing with advanced electronics and defense technologies, the...

March 19, 2026
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Naval Platforms

General Dynamics Wins $15B Submarine Contract

The US Navy has awarded a significant contract modification to General Dynamics Electric Boat to support the Columbia-class submarine program. These next-generation submarines are designed to replace older fleets...

March 17, 2026
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Unmanned Systems

$200M ESAero Deal Boosts UAS

AeroVironment has expanded its position in the unmanned systems market through the acquisition of ESAero, a California-based aerospace firm specializing in advanced propulsion and prototyping. The deal, valued at...

March 13, 2026
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Communication and Electronics

Leidos Wins $454M Cloud One Upgrade Deal

Leidos has been awarded a contract worth approximately 454.9 million dollars to support the modernization of the US Air Force’s Cloud One digital platform. The system is responsible for...

March 12, 2026
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Unmanned Systems

Australia Invests $125M in Bluebottle USVs

Australia has invested 176 million Australian dollars to expand its fleet of Bluebottle unmanned surface vessels built by Ocius Technology. The deal includes 40 additional vessels, increasing the total...

March 11, 2026
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Weapons and Munition

US Approves $930M HIMARS Sale to Sweden

The US government has approved a $930-million foreign military sale of M142 HIMARS launchers produced by Lockheed Martin to Sweden. The package includes 20 rocket launchers along with guided...

March 11, 2026
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Land Platforms

Med-Eng Wins $86M Blast Seat Contract

Med‑Eng, a subsidiary of Cadre Holdings, has secured contracts worth $86.4 million to provide blast-attenuation seating systems for armored vehicles produced by General Dynamics European Land Systems. The seats...

March 11, 2026
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Missile & Missile Defence

Lockheed Invests $150M in Missile Production

Lockheed Martin plans to invest more than $150 million over the next five years to expand its missile manufacturing facility in Pike County, Alabama. The investment aims to increase...