The U.S. Department of the Treasury has blocked the assets and stateside transactions of three companies and an individual based in Lebanon and Turkey for their association with Iranian and Hezbollah-affiliated terror groups. The entities generate funds from selling Iranian commodities, including sales to the Syrian government. Their revenues provide key opportunities for “hundreds of...
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Category: FOCI
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Ultra I&C Adds Former Defense Leaders Stan Newberry, Pat Sullivan to Board of Directors
Ultra Intelligence & Communications has elected Stan Newberry and Pat Sullivan as new members of its board of directors. The communications and intelligence technology provider announced that Newberry and Sullivan will share insights and guide the company as it pursues new business opportunities within the federal market. “I’m thrilled for Stan and Pat to bring...
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UK Awards Thales $2.3B Contract to Boost Royal Navy’s Readiness
French electronic defense contractor Thales has secured a $2.3 billion, 15-year contract to keep the British Royal Navy’s fleet at sea longer. The company said the new Maritime Sensor Enhancement Team contract, which started Jan. 1, responds to the rising need to boost the availability of RN ships and submarines amid growing uncertainties in the...
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Idemia New Divisions Look to Accelerate Growth in Biometrics, Cryptography
The Idemia Group has established three new divisions to accelerate growth and develop new offerings that address the needs of their specific segments. The three divisions are Idemia Secure Transactions, Idemia Public Security and Idemia Smart Identity. “Over the past few years, the group has clearly demonstrated its ability to perform and confirmed its changes...
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UK’s Virtual ‘Hangar’ for Tactical Aircraft Concepts Enters Beta Testing
The Defence Science and Technology Laboratory said Tuesday that it will start conducting initial operational analysis of the Aviation Concepts Environment in December. The ACE was developed in collaboration with QinetiQ Training and Simulation to provide a virtual “hanagar” as a centralized repository of concepts from across the Ministry of Defence and industry to address challenges...
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Saab Names Laurence Earl as Vice President, Head of Operational Excellence for Aeronautics Business Area
Defense and security company Saab has appointed Laurence Earl as the new vice president and head of operational excellence for its aeronautics business. Earl confirmed his new position on his LinkedIn profile on Monday. “Saab is a fantastic company with a proud heritage, great people and lots of opportunities,” he said. “Together we continue to...
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QinetiQ Appoints William Blamey as UK Defense Interim Chief Executive
QinetiQ, headquartered in Hampshire, London, has appointed William Blamey as interim chief executive for the defense sector. In his new role, Blamey will lead the defense technology company’s efforts to meet the needs of the U.K. Ministry of Defence and international allies. Blamey, who announced his transition to the new role on LinkedIn, is an...
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BAE To Upgrade Mk 45 Naval Gun Systems on Australian Frigates
BAE Systems has received a contract to upgrade the Mk 45 naval gun systems on the Royal Australian Navy‘s Anzac-class frigates. It said the modernization effort will address the gun system’s obsolescence issues and extend its operating life. Under the agreement, the company will implement the Common Control System upgrade package to replace electronics on...
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Foreign Suppliers Compete to Supply Romania’s Tracked IFVs, Howitzers
Several foreign suppliers are competing for Romania’s projected procurement of tracked infantry fighting vehicles and howitzers in 2024. Bucharest’s plan calls for purchasing up to 298 IFVs worth about $3.3 billion and 54 self-propelled 155 mm howitzers with related equipment valued at $920 million. The government expects to increase defense spending for the year by...
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BAE Systems Grows UAS Business With Malloy Aeronautics Purchase
BAE Systems has acquired Malloy Aeronautics, a Berkshire, U.K.-based manufacturer of all-electric, heavy-lift drones for civilian and military users. Malloy’s drone variations have interchangeable capabilities, offering flexibility, cost-reduction and more secure operations than traditional UAS, BAE said. The company sees the purchase further accelerating Malloy’s drone development to meet global customers’ advanced technology requirements. FalconWorks, the...