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July 10, 2026
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Financial and Investment Updates

US Marine Corps Awards Greensea IQ $3.7M Contract for Bayonet 250 UGVs

The US Marine Corps is expanding its autonomous mine countermeasure capabilities by ordering four additional Bayonet 250 autonomous underwater ground vehicles from Greensea IQ under a $3.7 million contract....

July 10, 2026
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R&D

EOS to Build Integrated Remote Weapon System for Counter-Drone Missions

Electro Optic Systems (EOS) has been awarded a contract to develop an integrated R400 SLINGER remote weapon system, combining a laser-guided rocket and a machine gun to strengthen Australia’s...

July 10, 2026
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R&D

BAE Systems Eyes Polish Production of M88A2 Recovery Vehicles

BAE Systems is seeking closer industrial cooperation with Polish defense manufacturers to provide maintenance, repair, and potential production support for the M88A2 Armored Recovery Vehicle within Poland. The partnership...

July 10, 2026
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Financial and Investment Updates

Lockheed Martin Wins $502M Contract to Sustain Apache Targeting Systems

Lockheed Martin has secured a $502 million US Army contract to support the advanced targeting and night vision systems deployed on AH-64 Apache helicopters serving both the United States...

July 9, 2026
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Procurement & Contracts

Belgium Plans to Acquire 10 Kongsberg NASAMS Air Defense Systems

Belgium has signed a defense cooperation agreement with the Netherlands to acquire 10 NASAMS (National Advanced Surface-to-Air Missile Systems) from Kongsberg Defence & Aerospace, reinforcing its efforts to modernize...

July 9, 2026
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Procurement & Contracts

Finland, Norway, and Latvia Explore Joint Purchase of Patria TRACKX Vehicles

Finland, Norway, and Latvia have formalized their intention to adopt Patria’s TRACKX tracked armored vehicle by signing a statement of intent aimed at expanding cooperation on advanced land mobility...

July 9, 2026
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Procurement & Contracts

Canada Procures Joint Strike Missiles for Incoming F-35 Fighters

Kongsberg Defence & Aerospace has secured an 800-million Canadian dollar (US$564 million) contract from Canada to deliver Joint Strike Missiles (JSMs) for the Royal Canadian Air Force’s future F-35A...

July 9, 2026
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Procurement & Contracts

Germany Clears $7.2 Billion Deal for Four MEKO A-200 Frigates

Germany has taken a major step toward modernizing its naval fleet after the Parliamentary Budget Committee approved the purchase of four MEKO A-200 DEU frigates worth approximately 6.3 billion...

July 9, 2026
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Procurement & Contracts

Lockheed Martin and Rheinmetall Partner to Build ATACMS Missiles in Europe

Lockheed Martin and Rheinmetall have entered into a strategic agreement to co-manufacture the Army Tactical Missile System (ATACMS) in Europe, marking the first time production of the long-range tactical...

July 8, 2026
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R&D
Weapons and Munition

India Develops New Battle Rifle Prototype in a Record 100 Days

The domestically developed UGRAM battle rifle has taken a significant step toward entering service with the Indian Army after successfully meeting key testing and evaluation requirements. The weapon completed...