Financial and Investment Updates

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June 11, 2026
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Financial and Investment Updates

Washington Clears $292M AIM-120C-8 Missile Package for South Korea

Washington has approved a potential $292 million sale of AIM-120C-8 AMRAAM missiles to South Korea under the US Foreign Military Sales program. Seoul’s request covers 70 missiles and two...

Raytheon Parent RTX Expands Rhode Island Facility to Boost Missile Defense Production Capacity

Amid growing global demand for air and missile defense systems, RTX is investing $100 million to expand operations at its Raytheon facility in Portsmouth, Rhode Island. The project is...

Kongsberg Lands $240.9 Million USAF Contract for Second Batch of Joint Strike Missiles

Kongsberg has received an approximately $240.9-million contract from the US Air Force for the second production batch of Joint Strike Missiles (JSM), marking another major milestone in the program’s...

US Clears $1.5 Billion Helicopter Deal for New Zealand

Washington has authorized a proposed $1.5 billion defense package for New Zealand that includes MH-60R helicopters and related military equipment, the US government announced on Friday. The US State...

EU approves $116M aid for Lebanese Army

The European Union has approved a new €100 million assistance package for the Lebanese Armed Forces as part of ongoing efforts to strengthen state institutions and maintain stability in...

ArmorSource Secures $17.6 Million Deal to Supply Advanced Combat Helmets to US Army

The US Army has selected ArmorSource for a $17.6 million procurement contract covering the delivery of 25,000 ACH Gen II ballistic helmets, marking another step in modernizing soldier protective...

Poland Orders 146 More Borsuk IFVs Under $2.07 Billion Defence Contract

Poland is accelerating the expansion of its mechanized forces after awarding a 7.5-billion-zloty ($2.07 billion) contract to the Polish Armaments Group and Huta Stalowa Wola consortium for 146 additional...

Elbit Secures $350 Million Deal to Modernize Main Battle Tank Fleets

Israeli defence company Elbit Systems has secured a $350 million deal to upgrade main battle tanks for an overseas customer, continuing its expansion in the global armored vehicle modernization...

Rheinmetall Wins $1.18B Contract to Supply German Military Logistics Fleet

Rheinmetall has received a 1.015-billion-euro ($1.18-billion) contract from the German Armed Forces for the delivery of over 2,000 logistics vehicles. The purchase forms part of a broader seven-year framework...

European Customer Awards Elbit Major Battlefield Systems Contract

Elbit Systems has secured a major $1.4-billion agreement to support a broad military modernization initiative for an unnamed European nation. The contract, which spans five years, is aimed at...