Financial and Investment Updates - globaldefencemagazine.com

L3Harris, Airbus Win $1B Canada Support Deals

L3Harris Technologies and Airbus have secured major contracts to sustain the Royal Canadian Air Force’s CC-330 Husky fleet. These agreements cover maintenance, engineering, and technical support to ensure operational...

Germany Funds 15,000 Interceptor Drones for Ukraine

Germany has commissioned Quantum Systems to supply 15,000 Strila interceptor drones to Ukraine’s National Guard. These high-speed drones are designed to counter aerial threats like loitering munitions. With rapid...

US Approves $340M Hypersonic Support for Japan

The US State Department has approved a $340 million support package for Japan’s Hypersonic Velocity Gliding Projectile (HVGP) initiative. This agreement includes testing assistance, coordination activities, logistics, and technical...

CACI Wins $85M Navy Fleet Support Contract

CACI International secured an $85 million contract to provide engineering and technical services for US Navy platforms. The work includes software development, system upgrades, and cybersecurity enhancements. The company...

India Plans 8 Next-Gen Corvettes in ₹40,000 Cr Push

India is undertaking a major naval upgrade by introducing new-generation corvettes and carrier-based Rafale jets. These additions aim to replace aging systems and strengthen maritime defense and operational reach.

US Army Picks Elbit HUDs for Black Hawk, Chinook

The US Army has awarded Elbit Systems America a contract to supply advanced heads-up display systems for its helicopter fleets. These HUDs project essential flight and mission data directly...

AV Wins $117M Deal for P550 Recon Drones

AeroVironment has secured a contract to supply its P550 unmanned aerial vehicles to the US Army. Designed for long-range reconnaissance, the drone features modular architecture, artificial intelligence capabilities, and...

Nigeria Secures $200M for Defense Industry

Nigus International Investment Limited and Elmirate Investment have signed a $200 million agreement to develop defense manufacturing capabilities in Nigeria. The project, operating under national regulations, will focus on...

Leonardo Buys Iveco Unit in $1.8B Deal

Leonardo has completed a €1.6 billion acquisition of Iveco Defence Vehicles, expanding its footprint in land defense systems. The integration combines vehicle manufacturing with advanced electronics, enabling end-to-end military...

General Dynamics Wins $15B Submarine Deal

The US Navy has awarded General Dynamics Electric Boat a $15.38 billion contract modification to support the Columbia-class submarine program. These nuclear-powered submarines will replace the aging Ohio-class fleet...