Anduril Australia will deliver a prototype of the Ghost Shark underwater drone to the Royal Australian Navy. Alongside industry partners, Anduril is building the first of three unmanned undersea vehicles co-developed by the Australian Department of Defence under an $89.7 million contract. Shane Arnott, engineering senior vice president at Anduril Industries, noted that up to...
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US Treasury Designates Entities, Individuals Involved in Iranian Drone, Missile Production
The Department of the Treasury’s Office of Foreign Assets Control has designated 16 individuals and several entities for enabling Iran’s production of unmanned aerial vehicles and ballistic missiles used in a weekend attack against Israel. Companies and individuals subject to assets and trade restrictions include Oje Parvaz Mado Nafar Co. and its CEO Mohammad Sadegh...
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Jacobs to Provide UK MoD With Advanced Cybersecurity Solutions; Steve Arnette Quoted
The U.K. Ministry of Defence has awarded Jacobs Solutions a contract to deliver advanced cybersecurity solutions. Awarded under the Digital and IT Professional Services framework, the agreement calls for the company to provide cyber technology expertise for the UK Strategic Command’s Defence Digital organization. According to Jacobs, the DIPS framework has a potential value of...
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Australia to Implement Force Design, Acquisition Changes to Deter Threats; Gen. Angus Campbell Quoted
Australia’s inaugural National Defence Strategy aims to deter and prevent conflict through changes within the Australian Defence Force, an approach called “Strategy of Denial.” Under the NDS, the ADF will move away from a domain-centric approach and transition to an integrated force focused on addressing the greatest risks facing the country. According to Gen. Angus...
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NATO Meets With Industry Leaders to Discuss Ways to Enhance Maritime Surveillance
NATO met with company leaders in Belgium this week to explore potential collaboration in maritime surveillance. Over 200 representatives from government and industry convened at NATO Headquarters in Belgium to discuss how to better protect vital communications in sea lanes and other infrastructures. The event is part of the military alliance’s Digital Ocean initiative, launched...
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Oracle to Expand Japanese Cloud Business With Planned $8B Investment; Toshimitsu Misawa Quoted
Oracle Corp. is spending more than $8 billion to expand its cloud business in Japan. The planned investment, to play out over the next 10 years, will grow Oracle Cloud Infrastructure’s footprint across the country. Central to the plan is the company’s target of increasing its Japan-based personnel to provide customers with operations and engineering...
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Rheinmetall Signs Agreement to Build Ammunition Factory in Lithuania
Rheinmetall intends to build a 155 mm ammunition factory in Lithuania to support the country’s security partnership with Germany. On Tuesday, Maximilian Froch, coordinator for strategic program management at Rheinmetall, signed a memorandum of understanding with Lithuanian Minister of Economy and Innovations Ausrine Armonaite and Minister of National Defense Laurynas Kasciunas to begin the processes...
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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...
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DOD Working on New Arctic Strategy Amid Increasing Competition
The United States is updating its strategy for the Arctic in response to Russia and China’s efforts to increase their influence in the region. Esther McClure, director of Arctic and oceans policy at the Department of Defense, said Monday that the agency expects to release a new strategy version in the coming months. She noted...
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Microsoft Invests $1.5B in Emirati Tech Company G42 to Accelerate AI Innovation in the Middle East
Microsoft is partnering with an Emirati company to develop artificial intelligence for various applications. The Redmond, Washington-based company said it will invest $1.5 billion in g42, an AI company headquartered in Abu Dhabi, United Arab Emirates. Brad Smith, vice chair and president of Microsoft, is joining G42’s board of directors as part of the deal....
