Paris-based global technology conglomerate Thales Group has appointed Christoph Ruffner as Thales Germany’s CEO and country director, effective Jan. 1. Ruffner will work under Philippe Duhamel, Thales executive vice president for defense mission systems. His predecessor, Oliver Dorre, who left Thales on Dec. 31, is set to join defense electronics company Hensoldt as its CEO starting...
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Category: FOCI
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Formidable-Class Warships Set for Mid-Life Upgrade From ST Engineering
The Singapore Ministry of Defence has awarded a contract to ST Engineering Marine for the mid-life upgrade of the Republic of Singapore Navy’s Formidable-class warships. The contractor’s parent ST Engineering firm said the upgrade covers the frigates’ marine and electrical setups, including ship management and power generation systems. ST Engineering Marine will work progressively on...
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New CAE Full Mission Training Center Opens for Sea Lion Helicopter Operations in Germany
CAE inaugurated a fully equipped training center for NH90 NTH Sea Lion pilots at Nordholz Naval Airbase in Lower Saxony, Germany, on Monday. According to CAE, the facility features several simulators, such as an operational flight trainer for pilots and co-pilots and two operational tactics trainers for the tactical coordinator and the rear crew. The...
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US, Mexico Agree to Intensify Sharing of Foreign Investment Information
The United States and Mexico have agreed to increase the exchange of information on matters related to foreign investments to protect national security. On Thursday, Janet Yellen, the U.S. secretary of the treasury, signed a memorandum of intent with Rogelio Ramirez de la O, Mexico’s secretary of finance and public credit, to establish a bilateral...
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NorthStar Secures Funding to Launch Space Situational Awareness Services
Canadian space company NorthStar Earth & Space has secured $14.7 million in funding from Telesystem Space, the Luxembourg Future Fund and the government of Quebec for its satellite constellation operations. The investment will fund the company’s mission to launch four satellites that would be part of the world’s first space-based commercial space situational awareness services,...
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Saab To Research New Tech for Sweden’s Future Underwater Capabilities
Saab said it will study new submarine technology under an agreement with the Swedish Defence Materiel Administration. The deal requires the defense company to conduct concept development studies for future underwater capabilities. According to Saab, the preparatory studies will center on advancing existing underwater technologies and exploring new submarines and submarine-related capabilities for Sweden. In...
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Accenture Secures New Contract to Modernize Finnish Defense Forces’ Enterprise Resource Planning
Accenture has signed a new contract for a digital transformation program modernizing the Finnish Defence Forces’ enterprise resource planning system. In 2009, Finnish Defence tapped Accenture to convert its ERP system into a defense industry solution with new features that extend its functionality. According to the company, the new program’s goals include improving user experience,...
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Nive Bhagat to Replace Carole Ferrand as Capgemini Group Chief Financial Officer
Capgemini, a digital transformation and technology services headquartered in Paris, France, has named Nive Bhagat as group chief financial officer and group executive board member. Bhagat replaces Carole Ferrand, who has served in the CFO capacity since 2018. Ferrand will facilitate the transition of her responsibilities to her successor in the next couple of weeks...
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Thales Acquires California-Based Cybersecurity Company Imperva for $3.6B
Thales has completed the acquisition of Imperva, a California-based cybersecurity company, for approximately $3.6 billion. The French aerospace, defense and security company reached an agreement to make the purchase from software investment firm Thoma Bravo in July, a transaction that was initially expected to end in the first quarter of 2024. The addition of Imperva expands Thales’ cybersecurity portfolio....
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Intelsat Shifts to $50B End-to-End Connectivity Market
A satellite industry market shift has prompted Intelsat’s strategy reboot from a bandwidth supplier to an “end-to-end provider of seamless and secure satellite-based network solutions to government and commercial customers globally,” CEO David Wajsgras said. Speaking at an investor day event on Thursday, Wajsgras said that the satellite industry has grown from its estimated $12 billion...