Financial and Investment Updates - Weeklydefencenews

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...

March 10, 2026
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Weapons and Munition

Investment Boost for Aerodrome Loitering Munitions

EagleNXT, a US defense technology firm specializing in unmanned systems and advanced sensors, has revealed a new strategic investment in Israeli defense startup Aerodrome aimed at strengthening its position...

March 10, 2026
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Soldier Systems

$663M Boost for Canada Aerospace Defense R&D

The Canadian government is planning a major investment exceeding 900 million Canadian dollars to expand national research in drone technology and airborne defense systems. The initiative will be overseen...

March 10, 2026
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Air Platforms

GE to Add 5,000 Jobs With $1B Expansion

GE Aerospace is committing $1 billion to expand its defense manufacturing capacity across the United States, aiming to accelerate aircraft engine production, strengthen supply chains, and meet growing military...

March 10, 2026
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Communication and Electronics

Spain Boosts Defense Electronics With Indra

Spain’s Indra Group is leading a new research initiative aimed at establishing the country’s first domestic ecosystem for gallium nitride technology, a key semiconductor material used in advanced defense...

March 9, 2026
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Missile & Missile Defence

Hanwha Expands Into Estonian Defense Sector

Hanwha Aerospace has announced plans to invest 100 million euros to expand cooperation with Estonia’s defense sector, including building new industrial infrastructure and strengthening long-term defense partnerships. A key...

February 27, 2026
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Unmanned Systems

FlyFocus Gets $5.3M for EU Drone Push

FlyFocus raised fresh capital to build a new manufacturing site and accelerate development of additional drone platforms. The firm emphasizes European supply chain independence by sourcing from NATO-aligned vendors....

February 27, 2026
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Communication and Electronics

US OKs $280M Radar Sale to Jordan

Washington cleared a possible $280 million sale of KuMRFS radars to Jordan, with RTX Missile Defense Technologies serving as prime contractor. The high-resolution radar system enables real-time airspace monitoring...