Flare Bright, a machine learning digital twin company based in the United Kingdom, has secured contracts from defense organizations globally, bringing its technology from Spain to the United States. In 2021, the small business received initial funding from the U.K. Defense and Security Agency to explore the feasibility of true autonomy in drones. DASA followed...
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Author: Elodie Collins (Elodie Collins)
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US Approves Italy’s Acquisition of M142 HIMARS Rocket Launchers for $400M
Italy is set to acquire M142 High Mobility Artillery Rocket Systems to aid in maintaining stability in Europe. The U.S. Department of State approved on Friday the possible foreign military sale of 21 HIMARS rocket launchers and related equipment valued at $400 million to the Italian Army. Lockheed Martin, as the primary contractor, will manufacture...
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Rheinmetall Secures $314M Contract From Hungary to Develop Next-Generation Tank
Rheinmetall will work with the government of Hungary to develop the next-generation tank, Panther KF51. The German arms and land systems manufacturer recently signed a development contract valued at $314.5 million in Zalaegerszeg, Hungary. “The Panther KF51 is the world’s most advanced main battle tank. It sets a new standard for the combat effectiveness of...
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US Expects Canada’s Defense Bill Update to Increase Military Spending
The United States is confident that Canada’s upcoming defense policy update will increase military spending to boost capabilities and meet its responsibilities as part of NATO. David Cohen, the U.S. ambassador to Canada, shared in a recent interview that sources from Ottawa made assurances that the policy change will address concerns among military officials over...
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UK Strengthens Sanctions Enforcement Against Russia by Establishing New Office
The United Kingdom is establishing a government organization dedicated to monitoring and strengthening the enforcement of trade sanctions on Russia. Nusrat Ghani, industry and economic security minister, recently announced the creation of the Office of Trade Sanctions Implementation. The OTSI will be responsible for ensuring that companies in the U.K. are adhering to trade sanctions,...
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Austria Acquires $570M Worth of Rheinmetall Skyguard Tactical Units to Strengthen Air Defense
German arms manufacturer Rheinmetall has secured a contract to modernize Austria’s Skyguard air defense systems. The company signed the contract valued at $570 million with the Austrian defense ministry in Vienna. Klaudia Tanner, Austrian minister of defense, was present during the event. “In this flagship project, Austria is at the absolute forefront of anti-aircraft and counter-drone defense in...
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Executive Mosaic GovCon Index Aggregator Tracks Top 30 Publicly Traded Companies
Executive Mosaic has launched the first-ever stock market tracker for the government contracting industry. Called the GovCon Index, the site tracks 30 leading publicly traded companies within the govcon industry in real-time. “The United States government is the world’s largest customer, but the bustling, multibillion-dollar contractor ecosystem that surrounds the federal government has gone largely untracked...
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New Zealand Wants Closer Cooperation With Five Eyes Intelligence Partners
New Zealand is seeking stronger ties with its Five Eyes partners under its new prime minister, Christopher Luxon. The Five Eyes was established by the United States, the United Kingdom, Canada, Australia and New Zealand to share intelligence during World War II. According to Winston Peters, foreign minister of New Zealand, the government will reinvigorate...
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Italian Navy Officially Assumes Command of Standing NATO Maritime Group Two
The United Kingdom has officially handed command of the Standing NATO Maritime Group Two to Italy. The change of command took place in Taranto, Italy, on the outgoing flagship Royal Navy HMS Duncan. Present during the event were Royal Navy Cmdr. Paul Stroude, who led SNMG2 over the past five months, and Rear Adm. Pasquale Esposito...
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UK Deploying Minehunter Ships to Ukraine Amid Russia’s Black Sea Blockades
The United Kingdom is sending two minehunter ships to Ukraine. British Defense Secretary Grant Shapps is expected to announce Ukraine’s procurement of Sandown-class vessels from the Royal Navy on Monday. The U.K. is part of a new Maritime Capability Coalition established to increase Ukraine’s capability to operate at sea. The coalition, which includes Norway, also intends...