Leonardo is divesting its business line responsible for making torpedos. The defense company signed a definitive agreement with Fincantieri, one of the biggest shipbuilders in Europe, for the sale of Underwater Armaments Systems for up to $447 million. In a press release, Leonardo said Fincantieri will pay a fixed amount of about $323 million for...
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Category: Europe
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Swedish Parliament to Deliberate on Defense Cooperation Agreement With US; Pal Jonson Quoted
The Swedish government has submitted the country’s Defense Cooperation Agreement with the United States to the Riksdag for parliamentary approval. The DCA bill seeks to facilitate U.S. military presence in the country and supplement Sweden’s recent NATO accession to strengthen Swedish defense, Stockholm said in a statement. The country’s security policy has fundamentally changed because...
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US, Allies Release Joint Guidance for Procuring Secure, Verifiable Tech
The cybersecurity agencies of New Zealand, Australia, the United States, Canada and the United Kingdom have published a joint guidance to help organizations procure secure-by-design technologies. According to the document “Choosing Secure and Verifiable Technologies,” a purchaser should assess a product and its manufacturer before buying to ensure it is within an organization’s risk tolerance....
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Sweden Looks to Strengthen Defense, Cybersecurity Partnership With US
Swedish government leaders are visiting the United States this week to strengthen trans-Atlantic cooperation on defense and cybersecurity. Carl-Oskar Bohlin, Sweden’s minister of civil defense, is scheduled to meet with representatives from the White House to discuss heightening geopolitical tensions and ongoing support for Ukraine. The delegation, including Swedish State Secretary Johan Berggren, is expected...
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L3Harris Avionics Unit Emerges as First Certified US Repair Facility for European Military Aircraft
Global aerospace and defense company L3Harris announced that its avionics products repair station in Grand Rapids, Michigan, has received the European Military Airworthiness Requirement Part 145 certification. The contractor-run association Approved Maintenance Organizations recently started requiring accreditation for facilities maintaining aircraft and aircraft components registered in European Union Aviation Safety Agency member states. L3Harris said...
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Elbit Systems Seals $53M Deal to Supply European Customer With Turreted Mortar System
Elbit Systems said it will deliver mortar systems to an unnamed European customer under a $53 million contract award. The deal requires the Israeli firm to deliver the Crossbow unmanned turreted 120 mm soft recoil mortar systems to General Dynamics European Land Systems for installation on the client’s Pandur 6×6 APC wheeled armored vehicle. Work...
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US Indicts Russian National Over Role in LockBit Ransomware Campaign
The United States has unmasked and indicted a Russian national allegedly involved in the creation of the LockBit ransomware, which has targeted over 2,000 victims and collected millions of dollars in ransom money. On Tuesday, the Department of Justice unsealed a 26-count indictment against Dimitry Yuryevich Khoroshev, also known as “LockBitSupp” and “putinkrab.” “As part...
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SSC Partners With Perigee to Develop Joint Orbital Satellite Launch Service
Swedish Space Corp. and South Korean rocket company Perigee have teamed up to offer a joint satellite launch service at Esrange Space Center in northern Sweden. SSC owns and operates the space center, which will host its first orbital flight in 2025 with Perigee’s Blue Whale 1 rocket. Under the partnership, SSC and Perigee will...
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Finland Moving Military Equipment Out of Russia’s Reach
Finland has been long planning to store some of its military equipment and defense capabilities out of Russia’s reach, according to Finnish officials. Jarmo Lindberg, a member of the parliament and formerly chief of defense, told Breaking Defense on Monday that the decision to store war materials in Norway and Sweden was prompted by Moscow’s...
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Red Hat Brings AI Tool to Sweden’s Learning Labs; Steven Huels Quoted
AI Sweden, a nonprofit center for applied artificial intelligence in the Nordic country, has integrated the Red Hat OpenShift containerization software product into its AI Labs platform, facilitating cross-organizational collaboration on developing AI models and applications. Agneta Jacobson, AI Sweden’s director of strategic partnerships, described the offering from the Colorado-based software company as a “powerful...
