Financial and Investment Updates - Weeklydefencenews

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...

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...