Rheinmetall’s supervisory board has approved Armin Papperger as the company’s CEO for another five years beginning Jan. 1, 2025. The decision is part of an executive board reorganization to support the German arms manufacturer’s growth and expansion. “We are particularly pleased that we were able to persuade Armin Papperger to extend his contract,” said Ulrich...
Author: Kristen Smith (Kristen Smith)
AWS, NTT to Develop Platform for Enhanced Access to EU Procurement Data
The European Commission has selected Amazon Web Services and NTT Data to implement the Public Procurement Data Space initiative, which aims to provide authorities in European Union member states with streamlined access to public procurement data. Currently, such information can be accessed through the Tenders Electronic Daily portal but only 20 percent is searchable due...
Airbus H135 Selected as Training Aircraft for Royal Canadian Air Force Pilots
Airbus Helicopters will deliver 19 units of H135 aircraft to the Royal Canadian Air Force for training pilots under a contract with SkyAlyne, a joint venture between Canadian defense companies CAE and KF Aerospace. In May, the Canadian government awarded SkyAlyne a 25-year, $8 billion contract to support the Future Aircrew Training program, which will...
SSTL Secures $50M UK MOD Contract to Build ISR Satellite
The U.K. Ministry of Defence has awarded a $51.95 million contract to Surrey Satellite Technology Ltd to build an intelligence, surveillance and reconnaissance satellite under the MINERVA technology and innovation program of the U.K. Space Command’s $1.26 billion ISTARI project. Called Juno, the spacecraft will be the second satellite of a constellation the British defense...
Cognyte to Provide EMEA Customer With AI, Analytics Capabilities
A national security agency in the Europe, Middle East and Africa region has entered into a $20 million deal with Cognyte Software to continue using the company’s advanced artificial intelligence and investigative analytics capabilities for a year. According to Cognyte, the agency is a longstanding customer, responsible for protecting national interests and assets and the...
Canada Needs to Double Defense Spending to Meet NATO Target by 2032
The Canadian government has committed to achieving NATO’s military spending target of 2 percent of gross domestic product by 2032, but the Office of the Parliamentary Budget Officer, or PBO, said defense spending would need to reach $58.79 billion – twice the projected amount for 2024 to 2025 – to meet the target. Canada’s defense...
Israeli Company Rafael to Equip Germany’s Leopard 2 Tanks With TROPHY Active Protection System
Israeli defense technology company Rafael Advanced Defense Systems will provide its TROPHY active protection system to Germany for installation on its fleet of Leopard 2 tanks historically manufactured by Krauss-Maffei Wegmann. On Wednesday, the two countries’ defense ministries inaugurated the first of the tanks to be equipped with the APS. The installation, part of an...
UK Increases Defense Budget to $3.7B to Continue Support for Ukraine, Meet NATO Commitments
Rachel Reeves, the United Kingdom’s chief financial minister, has announced a $3.7 billion increase to the U.K. Ministry of Defence’s budget in 2025, Breaking Defense reported Wednesday. Reeves told lawmakers in a parliamentary speech that the budget increase would ensure that the U.K. provides Ukraine with military support “for as long as it takes.” The...
Rheinmetall, DOK-ING to Set Up Joint Venture for Unmanned Systems
Rheinmetall and DOK-ING have agreed to establish a joint venture, pending approval from the European Commission and other regulatory authorities. The German automotive and arms manufacturer and the Croatian unmanned ground systems provider signed a memorandum of understanding in Berlin, under which they agreed to collaborate on the development of the new DOK-ING Komodo unmanned...
BAE Systems Announces $285M Advanced Technology Factory Renovation Project
BAE Systems will renovate its aviation technology factory in Rochester, United Kingdom, to combine its manufacturing, engineering and office spaces and increase the site’s production capacity. The company said it will invest $285.27 million into a new, modern 32,000 sqm factory that would generate 300 jobs over the next five years. The renovation work will...