Investment and Financial Announcements - globaldefencemagazine.com

Latest News on the Barak MX System.

The BARAK MX is a multi-layered air defense system capable of countering various airborne threats, including fighter jets, ballistic missiles, cruise missiles, rockets, and anti-ship missiles. It is already...

With c.EUR 50 Million in New Orders, Theon Shifts Revenue Guidance Toward the EUR 430 Million Upper Limit.

Theon International Plc (THEON) has confirmed receiving approximately €50 million in new orders. These consist of a diverse range of products and stem from several smaller contracts and direct...

Defense Innovation Unit Approves Teledyne FLIR’s Black Hornet 4 Nano-Drone for Blue UAS List.

Teledyne FLIR Defense, a division of Teledyne Technologies, has announced that its Black Hornet® 4 Personal Reconnaissance System has passed cybersecurity and NDAA verification, earning its place on the...

GDEB Lands $987M Contract Modification for Early Material Procurement and Submarine Construction Funding.

General Dynamics Electric Boat, a subsidiary of General Dynamics, has announced a $987 million modification to its existing submarine production contract. The new agreement enhances efforts in component development,...

Lithuania Picks Embraer’s C-390 Millennium to Support Military Readiness Efforts.

Lithuania’s Ministry of National Defence has selected the Embraer C-390 Millennium as its next-generation military transport aircraft. This decision marks a major advancement in boosting Lithuania’s operational readiness and...

Lockheed Martin Announces Impressive New Performance Data for the C-130J Super Hercules.

Lockheed Martin continues to lead innovation in tactical airlift with the C-130J Super Hercules, announcing a significant breakthrough in wing structure testing that surpassed expectations by confirming the extended...

New MOU Between Safran and Babcock Reinforces Franco-British Defence Ties.

Safran Electronics & Defense, a leader in advanced defence technologies, and Babcock International Group have announced plans to deepen their collaboration across multi-domain mission systems, aircraft engines, space technologies,...

Shield AI Demonstrates Further Progress in Combat Autonomy with Second MQ-20 Avenger Flight.

Shield AI Advances Hivemind Autonomy with Second Successful MQ-20 Avenger Demonstration Shield AI has completed the second flight demonstration of its cutting-edge mission autonomy software, Hivemind, on the GA-ASI...

New Beechcraft King Air Multi-Mission Demonstrator Revealed at Paris Air Show.

Textron Aviation Inc., a Textron Inc. company, announced that its new multi-mission Beechcraft King Air demonstration aircraft will make its show and European debut at the 2025 Paris Air...

Current Scientific Corporation’s Surveillance Technology Picked for Testing in Innovation Solutions Canada Initiative.

Current Scientific Corporation, a Canadian developer of electro-optical infrared systems, has announced that its advanced surveillance solution has been selected for testing through the Government of Canada’s Innovation Solutions...