Financial and Investment Updates - globaldefencemagazine.com

BAE Wins $145M Deal to Boost M777 Barrel Output

The US Army has taken significant steps to expand the production of M776 cannon tubes for the M777A2 howitzer through a major contract award. This move reflects the increasing...

Textron Wins $450M Deal for USMC ARV Program

Textron Systems has secured a major contract to develop pre-production units of the Cottonmouth Advanced Reconnaissance Vehicle (ARV) for the US Marine Corps. This next-generation platform is designed with...

US Approves $83M GMLRS Warhead Sale to Singapore

The US State Department has approved a potential $83.14 million sale of Guided Multiple Launch Rocket System – Alternative Warheads (GMLRS-AW) to Singapore. The package includes 45 M30A2 rocket...

India Plans $7B AMCA Engine Co-Development

Sweden to Invest $900M in Counter-Drone Tech

The government of Sweden has announced an investment exceeding $900 million to enhance its air and drone defense capabilities. The funding will support radar systems, anti-aircraft weapons, and electronic...

US Navy Awards $1.35B for Zumwalt Hypersonics

The US Navy has awarded Lockheed Martin a $1.35-billion contract modification to advance the production and integration of the Conventional Prompt Strike (CPS) hypersonic weapon system aboard the USS...

Pratt & Whitney Wins $3.8B F-35 Engine Deal

Pratt & Whitney has secured a $3.8-billion contract to manufacture F135 engines for the F-35 fighter program. This agreement supports ongoing production, maintenance, and global distribution of engines across...

US Clears $3.16B AIM-260 Missile Sale to Australia

The US has approved a $3.16-billion defense package for Australia, including up to 450 AIM-260 Joint Advanced Tactical Missiles. This marks a significant move as the missile is still...

Woolpert Wins $49.9M US Coastal Mapping Deal

The US Army has awarded a $49.9 million contract to Woolpert for continued support of the I-ATLAS program. This initiative uses airborne lidar technology to map coastlines and shallow...

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...