Financial and Investment Updates - Weeklydefencenews

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....

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...