The U.K. Ministry of Defence has launched a $67 million defense investment in Plymouth and the South West, aimed at expanding maritime autonomy capabilities, supporting defense businesses and creating skilled jobs in the region. The investment is intended to strengthen the U.K.’s industrial base while accelerating the development and deployment of autonomous maritime systems, including...
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Category: Investment Security
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France Plans $10B Munitions Boost, Pushes Industrial Expansion Through 2030
France plans to increase munitions spending by nearly $10 billion through 2030 as it works to rebuild stockpiles and expand production capacity to meet evolving security demands across Europe and the Middle East, Defense News reported. Prime Minister Sébastien Lecornu said the investment reflects lessons from recent conflicts, where the scale and pace of missile,...
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Datadog to Expand Global Footprint With New UK Data Center Presence
Datadog plans to establish a new data center presence in the United Kingdom as demand for cloud services grows across industries with strict data governance and security requirements. The company said Monday the planned facility will expand its regional infrastructure and enable organizations to store operational data in the UK while using Datadog’s observability and...
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UK Launches $28M Fund to Help Startups Break Into Defense Market
The British Ministry of Defence has launched a $27.6 million fund to help small British startups enter the defense sector as the government seeks to expand access to contracts and accelerate the adoption of new technologies for the U.K. Armed Forces. The U.K. government said Wednesday that the program is seeking the “next defense unicorn”...
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Australia Awards $12M in Defense Industry Grants to Boost Sovereign Manufacturing
The Australian government has awarded more than $11.6 million to 44 domestic companies as Canberra continues to invest in local manufacturing capacity tied to priority defense and AUKUS-related programs. How Much Funding Was Awarded Under the DIDG? The funding was distributed through the Defence Industry Development Grants program, which supports Australian defense suppliers across four...
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European Commission Endorses Initial $44B in SAFE Defense Financing for Eight Countries
The European Commission has approved the first set of national defense investment plans under the Security Action for Europe, or SAFE, clearing the way for initial loan disbursements aimed at accelerating military readiness across the bloc. The commission said Thursday that it has submitted a proposal to the European Council to authorize financial assistance for...
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CGI Acquires Comarch Polska to Expand Public Sector Footprint in Poland
CGI has completed its acquisition of Comarch Polska, a Polish software and IT services company, bringing more than 460 IT and business consulting professionals into CGI’s operations in Poland. CGI said Monday that the transaction expands its presence in the country and the Baltic states, increasing the company’s regional workforce to approximately 1,500 employees and...
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Canada to Establish Maritime Innovation Hub Under BOREALIS Initiative
Canada has announced the first project under its new BOREALIS national defense innovation framework, establishing a secure maritime technology hub in Halifax to drive research in autonomous systems, undersea sensing and artificial intelligence-enabled analytics. Why Is Canada Prioritizing Maritime Innovation? According to the Canadian Department of National Defence, the government will invest $20.8 million to...
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Seekr, Fossefall Partner to Develop Clean-Energy AI Infrastructure Across Europe
Seekr Technologies, a U.S.-based artificial intelligence company, and Fossefall, a Norwegian AI infrastructure developer, have formalized a multi-year agreement designed to deliver a complete, clean-energy enterprise AI value chain to the European market. “The structure of our agreement with Fossefall, both as an investor and customer, allows us to meet the insatiable demand for accurate,...
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Kratos to Acquire Orbit Technologies for $356M
Kratos Defense & Security Solutions, an American defense technology firm, is set to acquire Israel-based Orbit Technologies for $356.3 million. Kratos said it signed a definitive agreement, under which it will purchase all ordinary shares of Orbit with cash on its balance sheet. The deal is expected to close by the end of March 2026,...