Safran is negotiating to fully acquire Preligens, a geospatial company focused on artificial intelligence for defense and aerospace, for $236.2 million. Established in 2016, the Paris-based Preligens generated $30 million in sales in 2023. The company has about 220 employees, with 140 engineers assigned to research and development. Its product portfolio delivers high-end imagery, video...
Hello, Guest!
Author: Arthur McMiler (Arthur McMiler)
Post
BAE Systems Starts Building First Australian Hunter Frigate; Ben Hudson Quoted
BAE Systems Maritime Australia, which has secured the contract to build the first three Hunter class frigates for the Royal Australian Navy, started work on the task order with a steel-cutting ceremony for the initial vessel at the Osborne Naval Shipyard in Adelaide, South Australia. Australian Deputy Prime Minister Richard Marles and South Australia Premier...
Post
Oracle Seeks Larger Spanish Footprint With $1B Planned Cloud Investment; Albert Triola Quoted
Oracle has announced plans to spend over $1 billion in Spain over the next 10 years to establish a third cloud region in Madrid and provide technical support for developing Spanish skills in artificial intelligence. In its investment plan statement, Oracle said Telefonica España will be the host partner for the new area. The upcoming...
Post
Five-Nation Joint Purchase of MBDA Missile System Rolls Forward in Europe; Eric Beranger Quoted
French defense purchasing agency DGA will manage the joint procurement of MBDA’s Mistral 3 missile system by France, Belgium, Cyprus, Estonia and Hungary, which signed a cooperation agreement for the deal on Wednesday. The Defence Industry Europe website reported that DGA has already signed a contract with MBDA for the French purchase of the missiles....
Post
Rheinmetall-Anduril Collaboration Seeks New Defense System Against Small Drones for European Warfighters; Oliver Duerr Quoted
German arms manufacturer Rheinmetall and U.S. defense technology company Anduril Industries will collaborate to develop and manufacture a new counter-small unmanned aerial system, initially for the European market. The collaboration follows a memorandum of understanding that the companies signed at the ongoing Eurosatory defense trade show in Paris. Under the joint C-sUAS project, Rheinmetall will...
Post
GCAP Headquarters to Use Systecon Software for Life Cycle Management Support; Dan Andersson Quoted
BAE Systems, one of the companies leading the Global Combat Air Programme to develop a next-generation stealth jetfighter, has tapped Systecon to provide life cycle management software and services to GCAP‘s London headquarters. Systecon will specifically support the BAE Systems Air GCAP Team at Warton and the collaborative activities at the main office for the...
Post
Ensco’s MicroSearch Contactless Vehicle Sensor Debuts in Australia; Jeff Stevens Quoted
Washington, D.C.-based engineering and technology company Ensco said it has secured a contract to deploy its MicroSearch contactless vehicle sensor security inspection tool in critical infrastructures across Australia. The announcement did not disclose the contract details but indicated that the deal was in partnership with CTG Security Matrix, Ensco’s exclusive reseller based in Adelaide, South...
Post
Italy Tops 2023 European Defence Fund Project Awards With Leonardo’s Major Grants
Italy cornered most of the projects under the 2023 European Defence Fund, the European Commission’s support tool for defense research and development among regional companies. Out of the EDF’s 54 R&D projects in 2023, valued at about $1.07 billion, Italian companies won 35, with Leonardo accounting for 13 grants, according to a company statement. With...
Post
New JV to Help Drive Australian Nuclear Submarine Project; Tim Brown Quoted
Global defense companies HII and Babcock have launched a joint venture called H&B Defence to help fast-track the development of a skilled Australian workforce for Canberra’s nuclear submarine project under the AUKUS military alliance. The company will seek to mold an Australian submarine industry sector and position the country in nuclear sub operations, according to...
Post
Thales to Adopt French CEA’s Solutions to Hasten AI Integration in Defense Market Offerings; Bertrand Tavernier Quoted
Thales has partnered with the French Alternative Energies and Atomic Energy Commission, or CEA, to use its multimodal generative artificial intelligence expertise to fast-track the company’s AI integration into its defense and security solutions. Bertrand Tavernier, chief technical officer for Thales Secure Communications and Information Systems, emphasized the collaboration’s role in delivering “trusted, sovereign generative...