Saab will continue working with the Swedish government to further develop the Gripen aircraft for the country’s military needs. The aerospace company secured a $49.8 million order from the Swedish Defence Materiel Administration to advance the platform’s capabilities. The agreement will benefit both the Swedish Armed Forces and international users of the fighter jet, Saab...
Hello, Guest!
Category: FOCI
Post
UK MoD Orders Six More H145 Helicopters From Airbus; Lenny Brown Quoted
The United Kingdom is adding six additional units of the H145 helicopter to its original order from Airbus. According to the aircraft maker, the British Ministry of Defence will deploy the choppers to replace the Airbus Pumas used for emergency response and military training activities carried out by British forces in Cyprus and Brunei. Lenny...
Post
QinetiQ Appoints Former BAE Systems Exec Martin Cooper as Group CFO
QinetiQ has named Martin Cooper as the new group chief financial officer, replacing Carol Borg, who stepped down on Tuesday. Cooper, who has nearly three decades of finance leadership experience, will also join the company’s board by October. He assumed the group CFO role after holding various positions at BAE Systems, including as U.K. and...
Post
US Grants Samsung $6.4B to Manufacture Semiconductors in Central Texas
The United States government is awarding up to $6.4 billion in direct funding to Samsung. On Monday, U.S. Secretary of Commerce Gina Raimondo visited the company’s new semiconductor manufacturing facility in Taylor, Texas, where she announced the investment. “We’re saying for the first time ever, Samsung can conduct in the United States of America core...
Post
UK Accelerates Development of DragonFire Laser Weapon for Royal Navy
The United Kingdom is accelerating the delivery timeline of its DragonFire lasers. Grant Shapps, British defense secretary, says speeding up the program is a response to the “rapidly changing threat environment” in the region. The DragonFire laser was initially scheduled to be rolled out by 2032. With the new timetable, the weapon system will be installed...
Post
Nokia CSTO Nishant Batra Joins Quad Investors Network’s Advisory Board; Karl Mehta Quoted
Nishant Batra, Nokia’s chief strategy and technology officer, has been named a member of the advisory board of the Quad Investors Network composed of tech industry leaders and innovators in the United States, Japan, Australia and India. America’s Frontier Fund, a nonprofit deep-tech investment fund based in Arlington, Virginia, organized QUIN in May 2022 and...
Post
Saab Appoints Mikael Adelsberg as Chief Digital Officer, Digitalization Group Head
Saab has named Mikael Adelsberg as chief digital officer and head of the Digitalization group, effective Oct. 1. The group was newly created as part of the company’s initiatives to keep pace with the growing demand for Saab products amid the ongoing geopolitical tensions around the world. In his new role, Adelsberg will initially focus...
Post
Idemia to Develop Advanced Biometric System for Nigerian Government; Olivier Charlanes Quoted
Physical and ditial identity solutions company Idemia Smart Identity is building one of the most advanced biometric systems in the world in Nigeria. According to the Courbevoie, France-based company, it has renewed its long-time partnership with the Nigerian National Identity Management Commission to upgrade the African nation’s biometric system. It said the upcoming system will...
Post
Accenture Expands Business in Japan With Acquisition of System Integrator Climb
Accenture has announced a deal to acquire Climb, a Japanese company that provides system integration, IT infrastructure management and operations services. The acquisition will enable Accenture to use Climb’s expertise to support Japan-based companies’ digital transformation efforts and allow Climb’s local experts to strengthen Japan’s information communication technology sector, Accenture said. According to Atsushi Egawa,...
Post
BAE Systems Selects Airspeed to Supply Critical Component for Hunter-Class Frigate
BAE Systems has selected South Australian company Airspeed to supply a critical component of the U.K. Royal Navy’ Hunter-class frigates. Under the subcontract, Airspeed, provider of composite materials for the aerospace, maritime and energy sectors, will build the replenishment at sea stump masts for the first batch of the upcoming frigates. The stump masts enable the...