Financial and Investment Updates

latestdefencenews.com > News > Financial and Investment Updates

October 30, 2025
Admin
Financial and Investment Updates

Lockheed Funds $50M Project to Add JAGM Launcher to Saildrone USV

Lockheed Martin will back a $50M program with Saildrone to integrate the company’s JAGM Quad Launcher onto the Surveyor USV, targeting completion in the first quarter of 2026 at...

October 30, 2025
Admin
Financial and Investment Updates

Spain Greenlights $305M Overhaul for 121 Pizarro Infantry Vehicles

The Spanish Council of Ministers has authorized a 261.8-million-euro ($305-million) program to upgrade over 100 Pizarro infantry fighting vehicles in the Spanish Army’s inventory. The modernization effort, which will...

October 18, 2025
Admin
Financial and Investment Updates

Germany, Netherlands Approve €4.5B Deal for 222 SCHAKAL IFVs to Boost Boxer Capacity

In a landmark move for European defense cooperation, Germany and the Netherlands have inked a €4.5 billion agreement via OCCAR to acquire 222 SCHAKAL infantry fighting vehicles, further expanding...

September 26, 2025
Admin
Financial and Investment Updates

Barrett MK22 Rifle Program Secures $14M Boost From US Army

The US Army has added $14.2 million to Barrett Firearms’ MK22 program, bringing the contract to over $64 million. The MK22 (Barrett Multi-Role Adaptive Design) is the Army’s new...

September 26, 2025
Admin
Financial and Investment Updates

$640M Ammunition Order to Reinforce 155mm Shell Inventory for US Army

Global Military Products has secured a $640 million US Army contract to deliver 155mm High Explosive ammunition under the Special Ammunition and Weapons Systems (SAWS) program. The firm-fixed-price agreement,...

September 25, 2025
Admin
Financial and Investment Updates

US Air Force Commits $4M to Push Forward 3D-Printed Rocket Fuel Research

Firehawk Aerospace, a US defense startup, has secured a $4-million US Air Force contract to create 3D-printed solid rocket propellants that could increase missile range. Unlike conventional fuels, Firehawk...

September 14, 2025
Admin
Financial and Investment Updates

Canberra Allocates $8B for Nuclear Submarine Yard Development

Australia will invest an initial 12 billion Australian dollars ($8 billion) to upgrade shipyard facilities in Perth, Western Australia, as part of preparations for its future fleet of nuclear-powered...

September 12, 2025
Admin
Financial and Investment Updates

Kosovo to Invest $1.1 Billion in Drones and Armed Forces Expansion

Kosovo has unveiled plans to invest more than €1 billion ($1.1 billion) in its Security Force (KSF), with priorities including the development of indigenous drones and the expansion of...

September 10, 2025
Admin
Financial and Investment Updates

Anduril Wins $159M Deal for Soldier Helmet

The US Army has selected Anduril Industries for a $159-million contract to deliver a prototype mixed reality soldier headset, part of its Soldier Borne Mission Command (SBMC) project…

September 9, 2025
Admin
Financial and Investment Updates

Army AI Challenge Awards $2M to Winners

The xTech AI contest showcased tools that automate data verification and optimization. Winners included Ozni AI and five others, receiving up to $500K each. They will join a mentorship...