The United Kingdom is establishing a government organization dedicated to monitoring and strengthening the enforcement of trade sanctions on Russia. Nusrat Ghani, industry and economic security minister, recently announced the creation of the Office of Trade Sanctions Implementation. The OTSI will be responsible for ensuring that companies in the U.K. are adhering to trade sanctions,...
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Category: General News
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L3Harris Works With Voyis, Wavefront Systems to Deliver Enhanced AUV Capabilities
L3Harris Technologies has collaborated with Voyis Imaging and Wavefront Systems to enhance the capabilities of autonomous underwater vehicles that will be delivered to the naval forces of a NATO member state. Under the partnership, L3Harris integrated a combined payload of the Voyis Recon LS and the Wavefront Solstice 3000 multiple-aperture sonar into its Iver4 900...
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IBM to Provide NATO With Enhanced Cybersecurity Visibility, Asset Management Capability
IBM has secured a contract from the NATO Communications and Information Agency to strengthen the cyber resilience of the alliance’s enterprise networks. Under the agreement, a customized asset, configuration, patching and vulnerability management service will be developed and delivered to the organization starting in January 2024, according to IBM. IBM Consulting Chief Operating Officer Mohamad...
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Austria Acquires $570M Worth of Rheinmetall Skyguard Tactical Units to Strengthen Air Defense
German arms manufacturer Rheinmetall has secured a contract to modernize Austria’s Skyguard air defense systems. The company signed the contract valued at $570 million with the Austrian defense ministry in Vienna. Klaudia Tanner, Austrian minister of defense, was present during the event. “In this flagship project, Austria is at the absolute forefront of anti-aircraft and counter-drone defense in...
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Executive Mosaic GovCon Index Aggregator Tracks Top 30 Publicly Traded Companies
Executive Mosaic has introduced the first-ever stock market tracker dedicated to providing financial information about and to the government contracting industry. GovCon Index currently tracks 30 leading publicly traded govcon companies such as Boeing, BAE Systems, Booz Allen Hamilton, Lockheed Martin, Northrop Grumman and RTX. According to Jim Garrettson, CEO of Executive Mosaic, GovCon index will give stakeholders, investors, executives and the government access to information that can enhance strategic decision-making. Executive Mosaic also owns ExecutiveBiz, ExecutiveGov, GovCon Wire and GovConExecutive International. GovCon Index is available at https://govconindex.com/.
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GM Defense, Jankel to Provide International Customers With Modern Mobility Platforms
GM Defense has partnered with United Kingdom-based Jankel to provide defense, government and civilian customers with enhanced mobility solutions. Under a memorandum of understanding signed by the two parties, GM and Jankel will modernize the mobility platforms of military customers in the United States, the U.K., Europe and select locations across the globe. According to...
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US Hands Sanctions to New Entities Supporting Russia’s War Campaign
The U.S. Department of the Treasury has imposed sanctions against third-country actors identified to be materially supporting Russia’s war campaign in Ukraine. According to the Treasury’s Office of Foreign Assets Control, the action implements the Group of Seven’s decision to take down the Kremlin’s military procurement networks, including individuals and entities that are helping secure...
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New Zealand Wants Closer Cooperation With Five Eyes Intelligence Partners
New Zealand is seeking stronger ties with its Five Eyes partners under its new prime minister, Christopher Luxon. The Five Eyes was established by the United States, the United Kingdom, Canada, Australia and New Zealand to share intelligence during World War II. According to Winston Peters, foreign minister of New Zealand, the government will reinvigorate...
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Italian Navy Officially Assumes Command of Standing NATO Maritime Group Two
The United Kingdom has officially handed command of the Standing NATO Maritime Group Two to Italy. The change of command took place in Taranto, Italy, on the outgoing flagship Royal Navy HMS Duncan. Present during the event were Royal Navy Cmdr. Paul Stroude, who led SNMG2 over the past five months, and Rear Adm. Pasquale Esposito...
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US Approves Potential $2B Sale of Submarine Trainers to Australia
The Department of State has approved a possible foreign military sale of submarine training devices to the Royal Australian Navy under the AUKUS Pillar One Optimal Pathway program. Under the proposed deal, to run for nine years with a ceiling value of $2 billion, the United States will also provide personnel training, planning and nonrecurring...