A major South Korean conglomerate this week purchased a significant stake in Australian shipbuilder Austal, with hopes of expansion. On March 18 Hanwha Group said it acquired a 9.9 percent […] ...

The chairman of the Danish Parliament’s defense committee advised NATO countries on Wednesday to avoid the buy of U.S. military equipment, including Lockheed Martin [LMT] F-35s fighters. “As one of […] ...

Mach Industries, the startup developing long-range weapons for the U.S. and its allies, this year plans to begin construction of a factory to produce microturbines that power cruise missiles and […] ...

Booz Allen Hamilton [BAH] and Shield AI are collaborating to bring artificial intelligence-powered autonomous solutions to warfighters. The partnership leverages Booz Allen’s mission expertise and Shield AI’s Hivemind autonomous pilot […] ...

Mach Industries will manufacture drones designed by HevenDrones under a new partnership between the companies that will allow the Miami-based developer of the unmanned aircraft (UAS) to scale its production […] ...

The Trump administration’s government efficiency initiative has created “mixed signals” related to the federal contractor environment but impacts so far on Science Applications International Corp.’s [SAIC] business has been minimal, […] ...