Financial and Investment Updates

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March 19, 2026
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Financial and Investment Updates

Leonardo enhances ground defense capabilities through $1.8B Iveco acquisition

Leonardo has finalized its €1.6-billion ($1.8-billion) acquisition of Iveco Group’s defense division, marking a significant expansion into land warfare systems. The deal incorporates Iveco Defence Vehicles and ASTRA into...

March 17, 2026
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Financial and Investment Updates

AeroVironment acquires ESAero in $200M deal to strengthen unmanned aircraft capabilities

AeroVironment has completed the $200 million acquisition of Empirical Systems Aerospace, strengthening its ability to develop and manufacture next-generation unmanned aircraft systems for defense missions. Under the agreement, ESAero...

March 16, 2026
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Financial and Investment Updates

US finances deployment of a Naval Strike Missile-based coastal defense system in Latvia

The US Navy has granted a $45.5-million contract to Kongsberg Defence and Aerospace for the delivery of a Naval Strike Missile-based coastal defense system to Latvia. Structured through the...

March 13, 2026
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Financial and Investment Updates

Leidos Secures $454M Contract to Upgrade US Air Force Cloud One Platform

Leidos has been awarded a $454.9-million contract to support the modernization of the US Air Force’s Cloud One platform, a secure environment used to host and manage military software...

March 12, 2026
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Financial and Investment Updates

Australia Boosts Bluebottle USV Fleet With $125M Sovereign Investment

Australia has allocated 176 million Australian dollars ($125 million) to expand its fleet of Bluebottle uncrewed surface vessels, strengthening autonomous maritime capabilities within the Royal Australian Navy. Under a...

March 11, 2026
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Financial and Investment Updates

US Approves $930M HIMARS and GMLRS Arms Package for Sweden

The United States has cleared a $930-million arms sale to supply M142 HIMARS rocket launchers and related systems to Sweden, according to approval from the United States Department of...

March 11, 2026
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Financial and Investment Updates

Med-Eng Secures $86M Deals to Supply Blast-Mitigation Seats for Mowag Eagle

Cadre Holdings subsidiary Med-Eng has won $86.4 million in contracts to provide blast-mitigation seating systems for Mowag Eagle V armored vehicles manufactured by General Dynamics European Land Systems. The...

March 11, 2026
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Financial and Investment Updates

Lockheed Martin Commits $150M to Boost Missile Manufacturing in Alabama

Lockheed Martin has announced plans to invest over $150 million in expanding its missile production operations in Alabama during the next five years, driven by rising demand for advanced...

March 10, 2026
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Financial and Investment Updates

US Company Backs Israeli Loitering Munition Startup Aerodrome With New Investment

US-based defense technology firm EagleNXT has revealed a strategic investment in Israeli unmanned systems developer Aerodrome as part of its effort to broaden capabilities in autonomous warfare technologies and...

March 10, 2026
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Financial and Investment Updates

Canada Pledges $663M to Strengthen Drone and Aerospace Defense R&D

Canada is preparing to allocate more than 900 million Canadian dollars (around $663 million) to advance research in drones and airborne defense technologies, including the construction of a dedicated...