International
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Homeland SecurityU.S., Canada And Finland Formalize Effort On Polar Icebreaker Development And Production
Officials from the U.S., Canada, and Finland on Wednesday signed a memorandum of understanding (MoU) that formally launches a trilateral effort to share resources and knowhow to develop and produce […]
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Business/FinancialIndia’s JSW Group To Invest $90 Million In Shield AI, Manufacture V-BATs
Indian conglomerate JSW Group will invest $90 million in U.S. startup Shield AI over the next two years to license and manufacture the small company’s V-BAT unmanned aircraft system (UAS) […]
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InternationalTrump Likely To Push For Increase To NATO Burden Sharing Requirement: Analysts
As NATO countries assess how a second Trump administration will approach alliance priorities, analysts on Thursday said the president-elect could look to push increasing the burden sharing requirement to have […]
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Business/FinancialTeledyne To Acquire Two Acquire Two Aerospace And Defense Businesses From Excelitas
Teledyne Technologies [TDY] on Wednesday said it has agreed to acquire two business units from Excelitas Technologies Corp. for $710 million in cash, one based in the United Kingdom that […]
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InternationalSaab Pitches Autonomous Control System For Naval Vessels
Sweden’s Saab pitched a new autonomous control system to be used for naval vessels during the Euronaval expo in Paris this month. The company said this new system, Autonomous Ocean […]
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InternationalFincantieri And UAE Expand Naval Collaboration To Underwater Systems
Italy’s Fincantieri on Tuesday signed a memorandum of Understanding (MoU) with the United Arab Emirates’ EDGE Group to expand their cooperative work on naval systems to include underwater systems for […]
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InternationalState Department Approves $4.9 Billion Sale of E-7 Aircraft To South Korea
The State Department approved a potential Foreign Military Sale of $4.92 billion in Boeing [BA] E-7 Wedgetail Airborne Early Warning and Control Aircraft to South Korea. The Defense Security Cooperation […]
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SpaceAustralia Cancels Satellite Effort With Lockheed Martin As Space Tech Advances
The Australian Ministry of Defence on Nov. 4 terminated its procurement activity with Lockheed Martin [LMT] for a single communications satellite in favor of pursuing multiple spacecraft that could provide […]
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InternationalBAE Nabs Contract For 10 Netherlands and Belgium Frigate Naval Guns
BAE Systems on Friday said it signed a contract with the Netherlands to provide eight new Bofors 40 Mk4 40mm naval guns for the Royal Netherlands and Belgian Navies. The […]
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InternationalU.S. OKs $425 Million In More Weapons For Ukraine, As North Korea Sends Troops To Support Russia
The Biden administration has approved a new $425 million weapons aid package for Ukraine, which includes providing Kyiv with additional munitions, counter-drone equipment and Stryker vehicles. The new security assistance […]
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