Financial and Investment Updates

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US clears $4.2B helicopter deal for Korea

The United States has approved military helicopter sales and upgrade packages worth more than $4 billion for South Korea as Seoul continues to modernize its armed forces against North...

US clears missile sale for Belgium F-35s

Belgium is moving to strengthen the combat capability of its F-35 fighter fleet following US approval for a potential $236-million sale of AGM-184 Joint Strike Missiles. The package includes...

US approves Apache support deal for India

Washington has cleared military support deals worth more than $428 million for India’s Apache attack helicopters and M777A2 ultra-light howitzers. The agreements include logistics support, engineering services, training, repairs,...

UK Orders RCH 155 Howitzers to Replace Aging AS-90 Fleet

The UK Ministry of Defence has signed a near 1-billion-pound agreement to acquire 72 RCH 155 artillery systems as part of its long-term effort to replace the aging AS-90...

AeroVironment Secures Deal to Upgrade SkyRange Hypersonic Test Drones With Data Receiver Systems

AeroVironment has secured a $43-million deal to provide phased array receiver technology for the US Department of Defense’s SkyRange program, a major effort focused on enhancing hypersonic missile testing...

Lockheed Martin Lands $407M Deal for Guam Missile Defense Expansion

Lockheed Martin has received a $407-million contract modification from the US Missile Defense Agency to continue work on Guam’s next-generation missile defense system. A Pentagon notice stated that the...

General Dynamics Secures $2.3B Deal for Virginia-Class Block VI Submarines

General Dynamics Electric Boat has secured a contract modification worth up to $2.3 billion from the US Navy for work related to Virginia-class Block VI submarines. The undefinitized contract...

RTX Expands Florida Radar Manufacturing With $26.5M Investment

RTX has announced a $26.5-million investment to expand the Largo, Florida, operations of Collins Aerospace, aiming to increase production of advanced aviation radar and defense communication systems. The project...

Front Ventures Raises $5.9M to Back Ukrainian Defense Tech Startups

Front Ventures, a Swedish investment company, has secured 5 million euros ($5.9 million) in new funding to invest in Ukrainian and Nordic defense startups developing combat-tested drones, software platforms,...

Norway Commits $304M for Patriot Interceptor Support to Ukraine

Norway has committed nearly 2.8 billion kroner ($304 million) to support NATO’s PURL (Prioritized Ukraine Requirements List) program, with part of the funding allocated for Patriot air defense interceptors....