Financial and Investment Updates - globaldefencemagazine.com

Hanwha Aerospace Invests in Estonia Defense

South Korean defense company Hanwha Aerospace has announced a major €100-million investment to strengthen Estonia’s defense industry. The investment plan includes building a maintenance and repair center to support...

FlyFocus Raises $5.3M for EU Drone Production

Polish defense technology firm FlyFocus has secured 4.5 million euros in its first institutional investment round to expand drone manufacturing, research, and international sales. The funding supports construction of...

US Approves $280M Ku-Band Radar Sale to Jordan

The US State Department has approved a potential $280-million foreign military sale to Jordan for Ku-band Multi-Function Radio Frequency Systems and associated equipment. The radar provides continuous 360-degree airspace...

Pratt & Whitney Invests $200M in Georgia

Pratt & Whitney’s $200 million investment in its Columbus, Georgia, facility will significantly expand production capacity for advanced aircraft engines. The upgrade supports rising global demand for both military...

Anduril Wins $43M to Expand Rocket Motor Output

The US Department of Defense awarded Anduril additional funding to expand solid rocket motor production. The investment aims to address supply chain bottlenecks, increase missile manufacturing capacity, and strengthen...

Rolls-Royce Wins $73.5M Merkava Engine Deal

Rolls-Royce Solutions America has secured a $73.5-million contract to deliver power-pack kits to support Israel’s Merkava main battle tank fleet. The agreement, funded through foreign military sales, focuses on...

Austal Secures $2.82B Army Landing Craft Deal

Australia has awarded Austal Defence a major contract to construct eight Landing Craft Heavy vessels, supporting amphibious operations and disaster relief missions. The ships will transport troops, armored vehicles,...

Terra Industries Secures $34M Security Boost

Terra Industries raised $34 million to expand production of autonomous drones and security systems across Africa. Its platforms support infrastructure monitoring, surveillance, and threat response, improving local security resilience.

UK Funds Nyan Kamikaze Drone Project

The UK awarded Callen-Lenz a $6.7 million contract for kamikaze drones, enhancing deep-strike capability and unmanned warfare readiness.

Italy Weighs $7B Military Expansion Plan

Italy is considering expanding its armed forces to 275,000 personnel by 2044, up from roughly 170,000 today. The proposal, presented to Defense Minister Guido Crosetto, would phase in increases...