Elbit Systems has secured a $50 million contract to equip an unnamed international customer with its Red Sky air defense system. Under the two-year agreement, the Israeli company will deliver two Red Sky batteries to enhance the client’s soft- and hard-kill defense capabilities. Elbit said the system offers protection against low-altitude aerial threats at an...
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Author: Derrick Henry (Derrick Henry)
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Leidos Wins UK Deal to Build New Flood Warning System; Erik Freeman Quoted
The UK government has awarded Leidos a $30 million contract to build and operate England’s new flood warning system. Under the six-year deal with the UK Environment Agency, Leidos will replace the more than 20-year-old system that delivers flood alerts to the United Kingdom. According to Leidos UK & Europe CEO Eric Freeman, the modern...
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IBM Investing $137M to Expand Chip Packaging Capacity in Canada; Dario Gil Quoted
IBM has signed agreements with the Canadian and Quebec governments to expand its chip packaging capacity in Canada. The tech company said the deals represent a total investment of $137 million in the country’s semiconductor industry. According to Dario Gil, senior vice president and research director at IBM, the partnership intends to build a stronger...
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UAE Receives Delivery of Fouth GlobalEye AEW&C Aircraft From Saab
The United Arab Emirates has accepted delivery of its latest GlobalEye airborne early warning and control aircraft from Saab. The Swedish defense contractor shipped the advanced AEW&C aircraft on April 18, marking the fourth GlobalEye delivery in a span of four years. The company completed its commitment to supply the UAE’s first three AEW&C solutions...
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Saab Seals Swedish Government Deal to Advance Development of Gripen Fighter; Lars Tossman Quoted
Saab will continue working with the Swedish government to further develop the Gripen aircraft for the country’s military needs. The aerospace company secured a $49.8 million order from the Swedish Defence Materiel Administration to advance the platform’s capabilities. The agreement will benefit both the Swedish Armed Forces and international users of the fighter jet, Saab...
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BWXT Investing $58M to Expand Nuclear Manufacturing Plant in Canada; John MacQuarrie Quoted
BWX Technologies has announced an investment of $58 million to expand its Cambridge nuclear manufacturing plant in Ontario, Canada. The company said it will spend $36.5 million to increase the existing facility’s footprint by 25 percent and $21.9 million will be used to procure advanced manufacturing equipment over the coming years. The expansion project will...
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UK MoD Orders Six More H145 Helicopters From Airbus; Lenny Brown Quoted
The United Kingdom is adding six additional units of the H145 helicopter to its original order from Airbus. According to the aircraft maker, the British Ministry of Defence will deploy the choppers to replace the Airbus Pumas used for emergency response and military training activities carried out by British forces in Cyprus and Brunei. Lenny...
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US Cuts Back Licensing Requirements for Australia, UK to Promote Trade, Innovation
The United States has scaled down its export control rules for Australia and the United Kingdom to advance defense trade and innovation among the three countries. The Department of Commerce’s Bureau of Industry and Security, which released the interim final rule Thursday to govern trade flow for the AUKUS partners, estimated that the change would...
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Jacobs to Provide UK MoD With Advanced Cybersecurity Solutions; Steve Arnette Quoted
The U.K. Ministry of Defence has awarded Jacobs Solutions a contract to deliver advanced cybersecurity solutions. Awarded under the Digital and IT Professional Services framework, the agreement calls for the company to provide cyber technology expertise for the UK Strategic Command’s Defence Digital organization. According to Jacobs, the DIPS framework has a potential value of...
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Oracle to Expand Japanese Cloud Business With Planned $8B Investment; Toshimitsu Misawa Quoted
Oracle Corp. is spending more than $8 billion to expand its cloud business in Japan. The planned investment, to play out over the next 10 years, will grow Oracle Cloud Infrastructure’s footprint across the country. Central to the plan is the company’s target of increasing its Japan-based personnel to provide customers with operations and engineering...