Financial Announcements - latestdefencenews.com

May 30, 2025
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Cybersecurity

The UK will spend $1.3 billion on a new offensive cyber squad and an AI-powered targeting network.

The UK government is investing over £1 billion ($1.3 billion) to launch a new offensive cyber unit and build an AI-driven targeting network to enhance digital warfare capabilities. The...

May 27, 2025
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Combat Service and Support Equipment

Sweden Announces a $501 Million Military Assistance Package for Ukraine

Sweden has unveiled its 19th military assistance package for Ukraine, valued at 4.8 billion Swedish kronor (approximately $501 million). The initiative is part of a broader international collaboration aimed...

May 21, 2025
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Training and Simulation

The United Kingdom Reveals $400 Million in Flight Training Enhancements for the Navy and Air Force

The UK Ministry of Defence has committed £300 million ($402.4 million) to enhance the flight training capabilities of the Royal Navy and Royal Air Force for modern operational scenarios....