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Category: Investment Security

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Airbus Acquires German Cyber Solutions Provider Infodas

Airbus Defence and Space has completed the acquisition of German company infodas, a provider of cybersecurity and IT solutions for defense and critical infrastructures. The acquisition, announced in March, comes as Airbus improves its cybersecurity capabilities and expertise to protect its products, operations, customers and ecosystem from threats in an increasingly digitalized and connected defense...

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Saudi Arabian Military Industries Announces Retirement of CEO, Names Interim Chief

Walid Abukhaled has retired as CEO of the state-owned defense company Saudi Arabian Military Industries. Abukhaled took over as chief of the Saudi defense business in 2020, succeeding Andrew Schwer, a German national and former executive at Rheinmetall. Before leading SAMI, Abukhaled was CEO of the Middle East unit of Northrop Grumman. Under his leadership,...

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IBM to Relocate Its R&D Unit Out of China Amid Revenue Drop

Multinational technology company IBM is relocating its research and development unit out of China. The announcement was made during a virtual town hall on Monday, when Jack Hergenrother, IBM global enterprise systems development vice president, revealed Big Blue’s plans to concentrate R&D efforts on facilities in other regions. According to the U.S. company, the decision...

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Juliette Wilcox Takes Lead Role at Ultra Intelligence & Communications’s UK Cyber Division

Juliette Wilcox, former cybersecurity ambassador of the U.K. Department for Business and Trade’s U.K. Defence and Security Exports, has been appointed president of Ultra Intelligence & Communications’ U.K. Cyber division. In her new position, Wilcox heads more than 200 employees in the division’s locations in Maidenhead, Farnborough and Gloucester. The company said the new cyber...

Lockheed Martin Lists F-16 Pilot Training Center in European Expansion Plans
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Lockheed Martin Lists F-16 Pilot Training Center in European Expansion Plans

Lockheed Martin plans to double the instructional capability of the F-16 pilot training center opened in November at the Romanian Air Force 86th Air Base to meet the demand from the United States and its allies. Frank St. John, chief operating officer at Lockheed, told Defense One that expanding the training facility, which graduated its...

Hanwha Aerospace Unit Inaugurates Australian Armored Vehicle Manufacturing Facility
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Hanwha Aerospace Unit Inaugurates Australian Armored Vehicle Manufacturing Facility

Hanwha Defence Australia, a subsidiary of South Korean company Hanwha Aerospace, has inaugurated an armored vehicle manufacturing facility in Geelong, Victoria. The Hanwha Armoured Vehicle Centre of Excellence, or H-ACE, supports the production and sustainment of tracked armored vehicles through various facilities, including several assembly lines, a test track and obstacle course, a deep-water test...

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EU Approves $5.6B German Aid for European Microchip Manufacturing Facility

The European Commission, the European Union’s primary executive arm, has approved Germany’s plan to invest $5.6 billion in the European Semiconductor Manufacturing Company’s effort to build a microchip facility in Dresden. According to the EC, the large-scale manufacturing plant will produce high-performance chips based on 300 mm silicon wafers that improve performance while reducing total...

Voyager Space Joins Spaceport Nova Scotia’s Launch Infrastructure Development
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Voyager Space Joins Spaceport Nova Scotia’s Launch Infrastructure Development

Denver, Colorado-based Voyager Space will support the establishment of Spaceport Nova Scotia‘s launch support infrastructure as an owner-authorized representative. According to Maritime Launch Services, the developer of the spaceport in the east coast of Canada, it will tap the engineering, design and fabrication capabilities of Voyager’s Exploration Segment to establish the infrastructure. Jeffrey Manber, Voyager...

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UK Awards 7 Research Contracts to Improve Nuclear Decommissioning Work

The United Kingdom’s Nuclear Decommissioning Authority has awarded $39 million in grants to develop new, safe and cost-effective nuclear decommissioning techniques. Seven consortiums who received the funding are studying three areas: supporting the academic research community to improve skills in the nuclear decommissioning sector, promoting research in radioactive waste management and decommissioning techniques, and igniting...

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LeoLabs Joins UK’s Tyche Space-Based Reconnaissance Program; Tony Frazier Quoted

The United Kingdom Space Command will utilize LeoLabs’ space situational awareness services for its low Earth orbit research and development satellite, Tyche, scheduled for a summer launch. According to a LeoLabs announcement, the 150-kilogram demo spacecraft is part of the U.K.’s ISTARI program on a LEO constellation for intelligence, surveillance and reconnaissance. LeoLabs CEO Tony...

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