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Author: Brianne Monterey (Brianne Monterey)

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BAE Systems to Supply Sweden With Additional Long-Range Missiles

BAE Systems is set to deliver Sweden additional BONUS precision-guided munitions under a recently signed $63.4 million contract. The latest order follows Copenhagen’s placing an order for the same ammunition in May. The Potomac Officers Club will hold its second GovCon International Summit on Oct. 16, where the future of global collaboration and defense takes center stage. Explore...

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D-Fend Solutions Appoints New Members to Top Leadership

Technology company D-Fend Solutions, has named Uri Nisani and Pini Gvili as new members of the leadership team as it looks to expand operations and strengthen product development. “As global demand for advanced counter-drone solutions accelerates and as D-Fend continues to lead and expand its market presence, scaling our innovation and operations has become more...

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BWXT-Led JV to Support Canada’s Nuclear Decommissioning Initiative

Atomic Energy of Canada Ltd has awarded Nuclear Laboratory Partners of Canada a contract worth $880.7 million to acquire operations and management services for Canadian Nuclear Laboratories. NLPC is a BWXT-led joint venture that includes Amentum, Kinectrics and subcontractor Battelle. The Potomac Officers Club will present the second installment of the GovCon International Summit on Oct. 16,...

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Turkey to Supply Indonesia With New Fighter Jets

Turkey will supply Indonesia with 48 KAAN fighter jets. The award, formalized at the Indo Defence 2025 exhibition on Wednesday with Indonesian and Turkish officials in attendance, is expected to expand Jakarta’s aerial defense capabilities. Turkish Aerospace Industries’ KAAN is Turkey’s first fifth-generation aircraft, set to feature artificial intelligence-assisted avionics and network-enabled warfare capabilities. Turkish...

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NATO’s New S&T Strategy Seeks Defense Boost Amid Global Instability

NATO’s defense leaders have endorsed a new Science and Technology Strategy document highlighting the importance of funding S&T endeavors amid growing global instability. Join the conversation as the Potomac Officers Club’s 2025 GovCon International Summit on Oct. 16 explores how international partnerships, coalition warfare and cutting-edge technologies are transforming the defense arena. Registration starts today....

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Canada Unveils Plan to Diversify, Develop Defense Sector Relations Amid Armed Forces Modernization

Canadian Prime Minister Mark Carney and Minister of National Defence David McGuinty have unveiled a $2 billion allocation to diversify the country’s defense sector partnerships as part of efforts to modernize the Canadian Armed Forces. A $2.1 billion budget will also be set aside to support the local defense sector in laying the nation’s Defense...

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NATO Calls for Increased Lethality, Greater Defense Spending Amid Russian Aggression

NATO Secretary-General Mark Rutte has highlighted the military alliance’s need to become stronger and more effective amid waning support from the United States and an increasing threat from Russia. “There is no longer East or West – there is just NATO,” Rutte said in a speech at Chatham House on Monday. “It is vital that...

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Hanwha Bid for Greater Austal Shares Under FIRB, CFIUS Review

South Korean conglomerate Hanwha Group’s bid to acquire a significant stake in shipbuilder Austal is currently being reviewed by Australia’s Foreign Investment Review Board, ChosunBiz reported. Under its acquisition plan, Hanwha seeks to purchase 19.9 percent of Austal shares. The potential transaction builds on the 9.91 percent equity the Korean company secured through an over-the-counter...

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US Treasury’s OFAC Sanctions Iran Businesses Over Alleged Ties to Revolutionary Guards

The U.S. Department of the Treasury Office of Foreign Assets Control has imposed sanctions on several businesses owned by three Iranian citizens over their alleged links with Iran’s Islamic Revolutionary Guard Corps. OFAC said in a statement Friday that the companies headed by brothers Mansour, Nasser and Fazlolah Zarringhalam allegedly launder billions of dollars through...

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