Financial and Investment Updates - Weeklydefencenews

April 7, 2026
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Weapons and Munition

Greece Awards $750M Rocket Deal to Elbit

Greece has signed a $750-million contract with Elbit Systems to acquire the Precise & Universal Launching System (PULS), a versatile artillery rocket platform designed to enhance long-range strike capabilities....

April 6, 2026
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Weapons and Munition

BAE Wins $145M to Boost M777 Barrel Production

The US Army has awarded BAE Systems a major contract to produce M776 cannon tubes for the M777A2 howitzer, increasing total contract value significantly. This move aims to boost...

April 6, 2026
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Land Platforms

Textron Secures $450M USMC ARV Deal

Textron Systems has received a pre-production contract to develop the Cottonmouth Advanced Reconnaissance Vehicle for the US Marine Corps. The program includes multiple variants for reconnaissance, combat, and logistics...

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....