Financial and Investment Updates - globaldefencemagazine.com

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...

BAE Adds IR Seeker to APKWS for USAF

The US Air Force has awarded BAE Systems a contract worth up to $145 million to develop and deliver an advanced infrared-guided counter-drone weapon based on the APKWS platform....

US Approves $185M Spare Parts Sale to Ukraine

The US State Department cleared a potential $185 million sale of Class IX spare parts to Ukraine, supporting vehicles and weapons already delivered. The package aims to boost sustainment...