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Segment: Investment and Financial Announcements

latestdefencenews.com > News > Investment and Financial Announcements
  • June 23, 2025
  • Admin
  • Soldier Systems

Theon Captures New Orders Valued at About EUR 50 Million, Lifting Revenue Guidance to the Upper EUR 430 Million Range.

Theon International Plc (THEON) has confirmed receiving approximately €50 million in new orders. These consist of a diverse range of products and stem from several smaller contracts and direct...
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  • June 23, 2025
  • Admin
  • Missile and Missile Defense

Barak MX System: Recent Announcements.

The BARAK MX is a multi-layered air defense system capable of countering various airborne threats, including fighter jets, ballistic missiles, cruise missiles, rockets, and anti-ship missiles. It is already...
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  • June 23, 2025
  • Admin
  • Unmanned Systems

Black Hornet 4 Nano-Drone from Teledyne FLIR Recognized on Defense Innovation Unit’s Blue UAS List.

Teledyne FLIR Defense, a division of Teledyne Technologies, has announced that its Black Hornet® 4 Personal Reconnaissance System has passed cybersecurity and NDAA verification, earning its place on the...
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  • June 19, 2025
  • Admin
  • Naval Platforms

$987 Million Contract Modification Granted to GDEB for Submarine Production Materials and Construction Costs.

General Dynamics Electric Boat, a subsidiary of General Dynamics, has announced a $987 million modification to its existing submarine production contract. The new agreement enhances efforts in component development,...
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  • June 18, 2025
  • Admin
  • Air Platforms

Lithuania Acquires Embraer’s C-390 Millennium Transport Aircraft to Boost Defense Readiness.

The Ministry of National Defence of Lithuania has announced the selection of Embraer’s C-390 Millennium as the nation’s next-generation military transport aircraft. This choice represents a significant step forward...
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  • June 18, 2025
  • Admin
  • Communication and Electronics

Safran and Babcock Solidify Franco-British Defence Cooperation with Latest Agreement.

Safran Electronics & Defense, a forefront provider of high-tech defence solutions, together with Babcock International Group, has unveiled plans to expand cooperation in multi-domain mission systems, aircraft propulsion, space...
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  • June 18, 2025
  • Admin
  • Air Platforms

LM Highlights Breakthrough Performance Results of the C-130J Super Hercules.

Lockheed Martin is advancing the future of tactical airlift with the C-130J Super Hercules, having achieved a major milestone in wing structure testing that exceeded all expectations by validating...
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  • June 17, 2025
  • Admin
  • Unmanned Systems

Shield AI Moves Forward in Combat-Ready Autonomy with Follow-Up MQ-20 Avenger Flight.

Shield AI Demonstrates Advanced Autonomy with Hivemind on MQ-20 Avenger Shield AI successfully completed the second live demonstration of its mission autonomy software, Hivemind, on a GA-ASI MQ-20 Avenger,...
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  • June 16, 2025
  • Admin
  • Unmanned Systems

Curtiss-Wright to Supply Airborne Processors for Triton UAV Under $31M Navy Agreement

Curtiss-Wright Corporation announced today the award of a $31 million firm-fixed-price indefinite delivery, indefinite quantity (IDIQ) contract by the Naval Surface Warfare Center (NSWC) to supply Airborne Mission Processors...
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  • June 16, 2025
  • Admin
  • Missile and Missile Defense

Medium-Range Air-to-Air Missiles Added to Italy’s Arsenal

The U.S. State Department has approved a potential arms sale to the Government of Italy for Advanced Medium-Range Air-to-Air Missiles (AMRAAMs) and related support, with an estimated value of...
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