(IN BRIEF) Amey has completed a £70 million refinancing and acquisition initiative with HSBC and NatWest, securing long-term funding through June 2030 to reinforce its operations with the Ministry of Defence. The new facility provides Amey with the flexibility to … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Amey, Andrew Nelson, Asset Based Lending, asset renewal, Chatham Financial, CMS, defence contract, facilities services, financial strategy, government partnerships, HSBC, infrastructure management, KPMG, Lambert Smith Hampton, long-term funding, Ministry of Defence, MOD, NatWest, Norton Rose Fulbright, Operational Excellence, Osborne Clarke, Pinsent Masons, refinancing, Strategic £70 Million Refinancing Positions Amey for Growth and Defence Sector Expansion, UK defence
(IN BRIEF) The European Investment Bank (EIB), the Latvian government, and the State Real Estate Agency (VNI) have signed an agreement to develop a new military base and training area in Selonia, along with a storage facility in Kuldīga. The … Read the full press release
Posted in Banks, Defence, European Union, Financial, Government, Industrial, Investment, Latvia, Luxembourg, News, Technology
Tagged Andris Sprūds, Arvils Aseradens, Baltic region, defence infrastructure, defence investment, EIB, EIB and Latvian Authorities Collaborate on Selonia Military Base and Defence Infrastructure Development, EIB to Support Latvia’s First Defence Infrastructure PPP with Advisory Expertise, European Investment Bank, European security, Infrastructure Development, Karl Nehammer, Kuldīga, Latvia, Latvia Advances Defence Infrastructure with EIB Support for Selonia Base and Kuldīga Facility, Latvian government, military base, Ministry of Defence, National Armed Forces Development Plan 2025–2036, NATO, PPP, Public Private Partnership, ReArm Europe, Renārs Griskevičs, resilience, Riga, SECURITY, Selonia, State Real Estate Agency, storage facility, training area, VNI
(IN BRIEF) BAE Systems has been awarded a £285 million contract by the UK Ministry of Defence as part of the RECODE programme to support and modernise the Royal Navy’s combat systems. The contract, which spans eight years, focuses on … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Technology, United Kingdom
Tagged Agility, BAE Systems, Captain Kevin Miller, CMS, Combat Management Systems, Commodore Phil Game, DE&S Maritime Combat Systems, defence sector, DevSecOps, Future Warfare Capability, high-tech suppliers, Joint Decision-making, military challenges, Ministry of Defence, Navy Command, operational availability, partnership, Queen Elizabeth-class aircraft carriers, RECODE programme, Royal Navy, safety, SECURITY, Shared Infrastructure, Steve Carter, Type 26 Frigates, Type 45 destroyers, UK Ministry of Defence, UK SMEs, £285m contract
(IN BRIEF) The Ministry of Defence and Eni, an Italian energy company, have signed a Memorandum of Understanding (MoU) in Rome to enhance their strategic collaboration on security and risk assessment. The agreement involves sharing expertise and information to bolster … Read the full press release
(PRESS RELEASE) FARNBOROUGH, 29-Jul-2021 — /EuropaWire/ — BAE Systems announces that it has been awarded by the Ministry of Defence (MOD) a contract worth approximately £250m to progress the design and development of Tempest, the UK’s Future Combat Air System … Read the full press release
Posted in Artificial Intelligence (AI), Aviation & Aerospace, Defence, Government, Industrial, News, Security & Safety, Technology, Transportation & Logistics, United Kingdom
Tagged air industry, artificial-intelligence, Autonomous systems, BAE Systems, Ben Wallace, Chris Boardman, combat air, digital transformation, FCAS, Future Combat Air System, Leonardo UK, Machine Learning, MBDA UK, military, Ministry of Defence, PwC, Rolls-Royce, Royal Air Force, Tempest, UK MOD
Embracing quantum technology now could lead to the enhanced pace, precision and pre-emption of decision making by military commanders (PRESS RELEASE)LONDON, 10-Jul-2020 — /EuropaWire/ — UK’s Defence Science and Technology Laboratory has announced the release of a research paper on … Read the full press release
Posted in Artificial Intelligence (AI), Defence, Government, News, Science, Security & Safety, Technology, United Kingdom
Tagged AI, AI software, annealers, artificial-intelligence, Defence, Defence Science and Technology Laboratory, Dstl, Gary Aitkenhead, Ministry of Defence, MOD, QIP, quantum computers, Quantum Information Processing, quantum neural nets, quantum technologies, research paper
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