Canadian subsea battery maker Kraken Robotics announced the acquisition of Colvya Group, a provider of underwater navigation systems, for $615 million. The deal combines Kraken's battery technology with Colvya's navigation solutions, creating a larger player in the underwater defense market. The acquisition was announced on April 4, 2026.

Japan‑based Terra Drone Corporation announced a strategic investment in Ukraine‑based Amazing Drones LLC through its subsidiary Terra Inspectioneering, forming a capital and business alliance. The deal, disclosed on April 2 2026, also includes the launch of the new interceptor drone Terra A1. Financial...

Finnish spin‑off Metaktik, founded out of Aalto University, secured €1 million (≈$1.1 million) in a pre‑seed round backed by early‑stage investor Maki.vc. The funding will help the company scale production and accelerate development of its metasurface antenna technology for drones, satellites and...

Red Cat Holdings, Inc., a U.S. provider of advanced drone and robotic solutions, announced the closing of its acquisition of Apium Swarm Robotics, a California‑based developer of distributed control systems for autonomous swarming drones and USVs. The deal, now finalized,...

iBase‑t, a provider of Manufacturing Operations Management software for aerospace and defense, announced a strategic growth investment from private‑equity firm TA Associates. The undisclosed investment will fund product innovation and global expansion, accelerating AI‑enabled digital manufacturing solutions. Financial advisors included...
German defense firms KNDS and Elbit Systems Land have announced the creation of a 50:50 joint venture, EuroPULS GmbH, to market the EuroPULS rocket artillery system to European armed forces. The JV will combine KNDS's fire‑control technology with Elbit's PULS...

Machina Labs, an AI-driven intelligent factories firm, announced a $124 million Series C round backed by investors including Lockheed Martin Ventures and Toyota. The capital will fund a new 200,000‑sq‑ft facility and accelerate the company’s manufacturing technology for commercial and...

Overmatch Ventures announced the close of its second fund, securing $250 million from U.S. investors. The fund will target deep‑tech, defense, and space startups, which the firm calls America’s sovereign stack. The raise follows a recent $100 million follow‑on investment into two...

Heckler & Koch UK announced the acquisition of Globe Engineering, a precision CNC machining firm based in Braintree, Essex. The deal, completed on 23 March 2026, gives the German weapons manufacturer in‑country production capability for weapon‑system components, expanding its role...
Leonardo completed its €1.6bn ($1.8bn) acquisition of Iveco Group’s Defence Business, now owning 100% of IDV Group. The deal, signed in July 2025, adds light and medium armoured vehicle capabilities to Leonardo’s portfolio, expanding its land defence offerings.

ConnectM Technology Solutions announced the acquisition of Harry Kahn Associates, Inc., an 80‑year‑old defense contractor, completing the deal via issuance of 400,000 ConnectM shares. The acquisition expands ConnectM’s AI‑driven Keen Labs platform into defense logistics data, positioning it for the...

The Department of National Defence announced a $24.9 million investment in three Canadian aerospace firms—NordSpace, Canada Rocket Company and Reaction Dynamics—under the IDEaS “Launch the North” program to develop sovereign launch capabilities. The funding, part of a broader $305 million government commitment,...

Defense firm AeroVironment announced it will acquire Empirical Systems Aerospace (ESAero), a California‑based UAS engineering company, in a roughly $200 million deal. ESAero will operate as a subsidiary within AeroVironment’s Precision Strike and Defense Systems group, enhancing its manufacturing capabilities. This...

America Makes and the National Center for Defense Manufacturing and Machining announced a $1.3 million funding initiative, Corrosion of Additive – Tested At Component Scale (CATACS), to develop standardized corrosion testing methods for metal additive manufacturing parts used in defense. The...

Hanwha Systems has purchased a 0.58% stake in Korea Aerospace Industries (KAI), acquiring 566,635 shares for 59.9 billion KRW ($41.5 million). The deal, disclosed on March 13 and confirmed on March 15, 2026, marks Hanwha’s first equity investment in KAI since 2018 and signals a...