Business
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Feb- 2026 -23 February
Austal Wins $2.82-Billion Landing Craft Deal for Australian Army
Austal Defence Australia has secured an approximately $2.82-billion contract to build eight landing craft vessels for the Australian Army.
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20 February
V2X Secures Spot on $25B Pentagon Engineering and Technology Contract
V2X has joined a $25-billion engineering and tech initiative to modernize systems, address microelectronics obsolescence, and accelerate AI.
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20 February
BAE to Add Infrared Seeker to APKWS for USAF Counter-Drone Role
The US Air Force has contracted BAE Systems to develop and deliver an infrared-guided air-to-air counter-drone system.
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20 February
Embraer and Northrop Partner to Develop KC-390 Refueling Boom, Pitch to US
Embraer and Northrop Grumman have joined forces to develop advanced tanking capabilities for the KC-390 Millennium aircraft, aiming to pitch it to the US and other allied nations.
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19 February
Bae Systems Posts Record Order Backlog as Defense Spending Rises
British military equipment maker BAE Systems announced a rise in net profit last year and a record order backlog as governments hike spending on defense.
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18 February
Elbit Lands $277 Million Deal for Unmanned Turrets, Munitions
Elbit Systems has been awarded a contract by an undisclosed international customer for the supply of UT30 MK2 remotely operated turrets.
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18 February
France Buys Next-Gen Armor-Piercing Rounds to Keep Leclercs Lethal Into 2030s
France has awarded KNDS a contract to supply several thousand Shard kinetic-energy rounds for the modernized Leclerc main battle tank fleet.
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18 February
UK Awards $16M Contract to Advance Hypersonic Missile Design
The UK Ministry of Defence has awarded $16.2 million to Amentum UK to develop a hypersonic missile system.
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16 February
Greek Navy to Deploy Camcopter S-100 Drones Aboard New FDI Frigates
The Hellenic Navy has procured Camcopter S-100 unmanned systems from Schiebel for integration aboard its three French-built FDI frigates.
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16 February
NATO Moves to Replenish Armored Forces With $237M Rheinmetall Ammo Deal
NATO has issued an initial procurement call for 120mm tank ammunition from Rheinmetall on behalf of multiple NATO member states.
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