Global engineering and construction company Fluor has inaugurated its second office in India to enhance support for its projects worldwide. Located at Notus IT Park in Vadodara, western India, the new office adds about 300 employees to the Texas-headquartered company’s workforce. “Fluor’s expansion into Vadodara underscores our commitment to India, allowing us to grow our...
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IBM, Honda Eye Joint R&D on Advanced Semiconductor Processes
Honda Motor and IBM are planning a long-term collaboration on research and development for advanced semiconductor processes, such as brain-like computing and technologies for lower-cost, high-performing chiplets, to support the production of software-defined vehicles. The companies outlined their plan in a memorandum of understanding that they jointly announced on Tuesday. According to the announcement, the...
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Redwire Bares VLEO Satellite Assembly in Belgium; Peter Cannito Quoted
Space infrastructure developer Redwire is building a very low Earth Orbit satellite at its facility in Belgium using a design it plans to develop by participating in the European Space Agency’s Skimsat VLEO mission. Called Phantom, the new spacecraft will be built for wide-ranging space missions, including intelligence and Earth science, the Jacksonville, Florida-based company...
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Airbus, Babcock to Provide Sustainment Support for France’s EC145 Helicopters
The French government has selected Airbus Helicopters and Babcock to support the Interior Ministry’s EC145 light utility aircraft fleet. Under the 12-year deal, the two companies will provide technical support, spare parts, logistics solutions, technical data management and software support to sustain the aircraft’s missions, mostly involving rescue operations, air medical transport and law enforcement....
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Leonardo Sells Underwater Armaments Systems to Shipbuilder Fincantieri; Roberto Cingolani Quoted
Leonardo is divesting its business line responsible for making torpedos. The defense company signed a definitive agreement with Fincantieri, one of the biggest shipbuilders in Europe, for the sale of Underwater Armaments Systems for up to $447 million. In a press release, Leonardo said Fincantieri will pay a fixed amount of about $323 million for...
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Oracle to Hire Local Talent for Expanded R&D Capabilities in Morocco; Safra Catz Quoted
Oracle has signed an agreement with Morocco to expand its research and development capabilities in the North African country. Oracle CEO Safra Catz and Ghita Mezzour, the minister of digital transition and administration reform in Morocco, finalized the partnership on Thursday. In a statement, Catz said the collaboration will allow Oracle to tap a deep...
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Red Hat Brings AI Tool to Sweden’s Learning Labs; Steven Huels Quoted
AI Sweden, a nonprofit center for applied artificial intelligence in the Nordic country, has integrated the Red Hat OpenShift containerization software product into its AI Labs platform, facilitating cross-organizational collaboration on developing AI models and applications. Agneta Jacobson, AI Sweden’s director of strategic partnerships, described the offering from the Colorado-based software company as a “powerful...
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Lithuania Defense Minister Invites US Defense Contractors to Invest in the Country
Lithuania’s Minister of National Defence Laurynas Kasciunas has invited American defense companies to invest in his country. During a recent meeting with William LaPlante, U.S. undersecretary of defense for acquisition and sustainment, Kasciunas mentioned Rheinmetall’s plan to build an ammunition factory in Lithuania and added that he hopes other defense companies will follow suit. “We...
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IBM Investing $137M to Expand Chip Packaging Capacity in Canada; Dario Gil Quoted
IBM has signed agreements with the Canadian and Quebec governments to expand its chip packaging capacity in Canada. The tech company said the deals represent a total investment of $137 million in the country’s semiconductor industry. According to Dario Gil, senior vice president and research director at IBM, the partnership intends to build a stronger...
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Accenture Closes Deal to Acquire Japan-Based System Integrator Climb
Accenture has completed its acquisition of Climb, a Japanese company that provides system integration and IT infrastructure management services to global organizations. With the completion of the deal, Accenture absorbed 230 personnel, the majority of whom are engineers trained in cloud and security technologies and application management services. The company said Climb’s core capabilities will...