Canberra has awarded Hanwha Aerospace subsidiary Hanwha Defense Australia a $2.4 billion contract for the supply of 129 infantry fighting vehicles. Hanwha described the contract as a landmark purchase, noting that it is the first time South Korean defense solutions will be developed for the Australian Army. Under the contract, HDA will supply the Redback...
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Category: Australia
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AUKUS Security Alliance Launches Investor Network to Accelerate Advanced Military Technology Development
Australia, the United Kingdom and the United States have launched a new initiative that promotes the development of new advanced military technologies. The AUKUS Defense Investor Network is comprised of private capital investors from about 300 institutional venture capital firms, corporate venture capital groups and family offices from the three nations. Together, the network represents over...
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Australia Developing Intel Cloud Interoperable With US, UK Spy Networks
Australia is working on a top secret intelligence cloud system that would be interoperable with the United States and the United Kingdom. According to Andrew Shearer, director general of the Office of National Intelligence, the upcoming cloud infrastructure would function with the spy networks operated by Australia’s AUKUS partners. At an event hosted by the...
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SIPRI: US Remains World’s Top Arms Supplier, But Production Issues Cut Revenues
The United States continued to dominate the list of the world’s top 100 arms and military services companies, accounting for 51 percent of the sector’s $597 billion revenue in 2022. According to new data from the Stockholm International Peace Research Institute, the 42 U.S. defense companies on the list saw supply chain, labor shortage and...
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Australian Bill Seeks to Tighten Military Tech Transfer to Non-AUKUS Foreigners
Richard Marles, Australia’s minister for defense, has introduced in Parliament proposed legislation to tighten the transfer of military technology to foreign interests except AUKUS allies the United States and the United Kingdom. Marles filed the Defence Trade Controls Amendment Bill 2023 ahead of his U.S. visit to attend the AUKUS Defense Ministers’ Meeting in California. The...
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AUKUS Could Involve More Countries in Efforts to Integrate Emerging Technologies Into Military
Australia, the United Kingdom and the United States are mulling the possibility of welcoming the contributions of other countries in Pillar 2 of their AUKUS security partnership. AUKUS has two lines of effort: Pillar 1 is focused on aiding Australia to acquire nuclear-powered submarines while Pillar 2 will explore the integration of emerging technologies in military...
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Australia Agrees to Explore Strategic Shipbuilder Agreement With Austal
The Australian government has signed a heads of agreement with Austal to create a strategic shipbuilder agreement, which if ultimately forged would install the company as the government’s strategic shipbuilder in Henderson, West Australia. According to Austal’s announcement of the preliminary agreement, the HoA defines the SSA’s key principles and sets the discussion points and...
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Accenture Seals Deal for Acquisition of New Zealand’s Solnet
Global professional services company Accenture has completed its acquisition of Solnet, a New Zealand IT services provider. The Accenture press release on the latest acquisition did not disclose the terms of the acquisition but noted that it adds over 100 cloud technology professionals to Accenture New Zealand, which maintains offices in Auckland and Wellington. Solnet,...
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Bipartisan Bill Seeks to Drive AI Advancement Among Five Eyes Allies
Reps. Mike Gallagher, R-Wis., and Ro Khanna, D-Calif., have filed the Five AIs Act directing the Secretary of Defense to form a working group for the development of artificial intelligence within the Five Eyes intelligence alliance. According to a press release from Gallagher’s office issued on Tuesday, the proposed legislation will enable the United States,...
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Owl Cyber Defense Enters Australia, NZ Markets With GME Agreement
GME, a Sydney-based communication technology company, has signed a memorandum of understanding for the distribution of Owl Cyber Defense’s cybersecurity solutions in Australia and New Zealand. Formerly known as Owl Computing Technologies, Owl Cyber Defense is based in Columbia, Maryland. The MOU’s delivery and support mechanism will be based in Australia and cover Owl’s cybersecurity...