(IN BRIEF) The UK Ministry of Defence has appointed Savills as a Strategic Property Advisor to support the Defence Estate Optimisation (DEO) Portfolio, a £5.1 billion investment in modernizing and sustaining Defence Estate infrastructure. Over the next seven years, Savills … Read the full press release
Posted in Business, Defence, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, United Kingdom
Tagged Alex McKinlay, appointment, Catherine Davies, Community Impact, Defence Estate Optimisation, leadership, partnership, Savills, sustainability, UK Ministry of Defence (UK MOD)
(IN BRIEF) BAE Systems is investing £220 million to revamp its Rochester facility in Kent, creating a 32,000-square-meter state-of-the-art manufacturing site that will support advanced aerospace technologies and enhance production capabilities. This upgrade, expected to be completed by 2025, will … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology, United Kingdom
Tagged BAE Systems, Dave Banks, investment, JOBS, Medway Economy, partnership, Rochester Aerospace Facility, sustainability, Vince Maple
(IN BRIEF) Saab has signed a GBP 20 million amendment to its existing training contract with the UK Ministry of Defence, enhancing support for British Army training in Oman. The deal, which includes deliveries through 2024 and 2025, provides advanced … Read the full press release
Posted in Business, Defence, Education, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, United Kingdom
Tagged Andy Fraser, British Army Training, Oman, partnership, Saab, Simon Pearce, UK
(IN BRIEF) Rheinmetall has delivered 20 more Marder 1A3 Infantry Fighting Vehicles (IFVs) to Ukraine, funded by the German government, as part of ongoing support against Russian aggression. This brings Rheinmetall’s total IFV and tank deliveries to Ukraine to around … Read the full press release
(IN BRIEF) Thales and the Max Planck Institute for Plasma Physics have achieved a new milestone in nuclear fusion by setting a world record with Thales’s TH1507U gyrotron, which generated 1.3 megawatts of radiofrequency for 360 seconds. Developed for the … Read the full press release
(IN BRIEF) At the AUSA 2024 conference, HENSOLDT and Raytheon signed a Memorandum of Understanding (MoU) to enhance cooperation on Electro-Optical/Infrared (EO/IR) systems for NATO forces. The agreement aims to improve sustainment and readiness by bringing support closer to operational … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Security & Safety, Technology
Tagged AUSA 2024, Electro-Optical/Infrared (EO/IR) Systems, Hensoldt, NATO, partnership, Raytheon, Tanya Altmann, USA
(IN BRIEF) Hiab, part of Cargotec, has unveiled the MULTILIFT TALON, a cutting-edge container handling system designed to transform logistics for defence forces. The new system allows for automated transitions between Flatrack and ISO Container modes directly from the vehicle … Read the full press release
Posted in Business, Defence, Financial, Finland, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged automation, Cargotec, Defence Logistics, Frank van Dongen, Hiab, MULTILIFT TALON
(IN BRIEF) HENSOLDT has secured a contract with Space Centre Australia (SCA) to deliver two high-performance Air Surveillance Radar – Next Generation (ASR-NG) systems and provide a 20-year sustainment plan. The radar systems will enhance airspace management in Australia, supporting … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged air surveillance, Air Surveillance Radar - Next Generation (ASR-NG) systems, Australia, Hensoldt, James Palmer, Mark Novak, partnership, radar systems, Scott Morrison, Space Centre Australia (SCA), Space Operations
(IN BRIEF) Thales has been awarded a contract by KNDS to supply High-Power Solid-State Power Distribution Boards (SSPDB) for the Leopard 2 A8 tanks. These SSPDBs will enhance the tanks’ power management capabilities, offering protection against overcurrent and short circuits, … Read the full press release
Posted in Business, Defence, Financial, France, Government, Industrial, Investment, Management, Netherlands, News, Security & Safety, Technology, Transportation & Logistics
Tagged KNDS, Leopard 2 A8 Tanks, Martin Bernhardsgrütter, Netherlands, partnership, Power Systems, Solid-State Power Distribution Boards (SSPDB), Thales
(IN BRIEF) Thales radios, including the PR4G and SYNAPS-H models, successfully passed a four-week operational test by the German Armed Forces for deployment with NATO’s enhanced Forward Presence (eFP). The tests demonstrated the radios’ ability to provide secure, encrypted communication … Read the full press release
(IN BRIEF) Thales Alenia Space has signed a contract with OHB to develop two Synthetic Aperture Radar (SAR) instruments for ESA’s Harmony mission, part of the Earth Explorer program. The Harmony mission, expected to launch in 2029, will consist of … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Environment, Financial, France, Government, Industrial, Investment, Italy, Management, News, Security & Safety, Technology
Tagged Climate Monitoring Harmony Mission, ESA, Giampiero Di Paolo, OHB, partnership, radar instruments, sustainability, Thales, Thales Alenia Space
(IN BRIEF) The Hera planetary defense mission, launched successfully aboard a SpaceX Falcon 9 rocket, aims to assess the feasibility of deflecting hazardous asteroids threatening Earth. This mission follows NASA’s DART mission, which tested asteroid deflection by impacting the Dimorphos … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, France, Government, Industrial, Investment, Management, News, Science, Security & Safety, Technology
Tagged Asteroid Deflection Techniques, Earth, Hera Mission, SECURITY, Thales, Thales Alenia Space, threats
(IN BRIEF) On October 3, 2024, the European Investment Bank (EIB) Group and the European Defence Agency (EDA) strengthened their partnership with an updated Memorandum of Understanding (MoU) to enhance security and defence financing across Europe. The revised agreement allows … Read the full press release
Posted in Banks, Business, Defence, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Security & Safety
Tagged Defence, EIB Group, EIF, European Defence Agency (EDA), financing, Jiří Šedivý, Marjut Falkstedt, partnership, Robert de Groot, SECURITY
(IN BRIEF) Indra has deployed the advanced Lanza 3D long-range radar system for the Spanish Air Surveillance Squadron 2 (EVA-2) in Toledo, enhancing Spain’s air defense capabilities. This deployment is the first of five new radar systems designed to detect … Read the full press release
(IN BRIEF) Saab AB has announced the establishment of its Nomination Committee ahead of the Annual General Meeting (AGM) scheduled for April 10, 2025, in Linköping, Sweden. The committee, formed based on the shareholder structure as of August 31, 2024, … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, Media, News, Security & Safety, Sweden, Technology
Tagged Anna Magnusson, Annual General Meeting 2025, appointment, Daniel Nodhäll, leadership, Marcus Wallenberg, Marianne Nilsson, Nomination Committee, Peter Wallenberg Jr, Saab AB
(IN BRIEF) The European Union is preparing to roll out a digital identity wallet by 2026, which will provide secure digital identification for its 448 million citizens. This initiative aims to simplify access to government services, healthcare, travel, and … Read the full press release
Posted in Business, Defence, European Union, Financial, France, Government, Industrial, Internet & Online, Investment, Management, News, Security & Safety, Technology
Tagged digital wallet, EU, EU Digital Identity Wallet (EDIW), identity, Thales
(IN BRIEF) The Royal Air Force’s Typhoon aircraft has taken a major step forward with the first test flight of the new European Common Radar System Mark 2 (ECRS Mk2). Developed by Leonardo UK and tested by BAE Systems, this … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Technology, United Kingdom
Tagged Andy Holden, BAE Systems, combat, European Common Radar System Mark 2 (ECRS Mk2), partnership, radar, Royal Air Force's Typhoon aircraft, Tim Bungey
(IN BRIEF) HENSOLDT’s Technical Diagnostic Cell (TDC) in Laage, Germany, celebrates 20 years of maintaining the German Air Force’s Eurofighter fleet. The TDC plays a vital role by offering on-site repairs for key radar and self-protection system components, minimizing aircraft … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged 20 Years, Eurofighter, Hensoldt, Laage, Technical Diagnostic Cell
(IN BRIEF) BAE Systems has been awarded a $177.8 million contract by the U.S. Navy to modernize and maintain the USS Halsey, an Arleigh Burke-class guided-missile destroyer. The contract, which could reach $225.5 million if all options are exercised, involves … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Technology, United Kingdom
Tagged BAE Systems, Eric Icke, modernization, partnership, USS Halsey
(IN BRIEF) Rheinmetall and MBDA Deutschland have renewed their partnership to continue developing laser weapon systems, with plans to launch a maritime-focused drone defense product within five to six years. The collaboration follows successful trials aboard the German Navy’s frigate … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Laser Weapons Technology, MBDA, partnership, Rheinmetall
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