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Category: Investment Security

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Accenture Expands SAP, Supply Chain Offerings With Camelot Management Acquisition

Accenture has expanded its SAP and supply chain capabilities with the acquisition of Camelot Management Consultants, a SAP-focused management and technology consulting firm based in Germany. In a press release on Monday, the global professional services firm said customers will benefit from Camelot’s analytics, data strategy and modernization expertise at a time when more organizations...

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Hensoldt Creates Multi-Domain Solutions Unit Under New Operational Setup; Oliver Dorre Quoted

Germany-based defense contractor Hensoldt has announced an organizational streamlining, which calls for establishing a multi-domain solutions division integrating the capabilities of its newly acquired company, system integrator ESG Elektroniksystem- und Logistik. The company completed the ESG transaction in April. The new division will merge ESG with Hensoldt’s spectrum dominance and airborne solutions divisions to serve...

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Collins Aerospace Marks Milestone in Europe’s Sustainable Aircraft Program HECATE

The European Union’s Clean Aviation HECATE program has reached a new milestone after completing its preliminary design review for the electric aircraft, Collins Aerospace announced on Monday. Collins is one of the aerospace industry leaders working on HECATE, short for Hybrid Electric Regional Aircraft Distribution Technologies. The RTX business leads the project’s steering committee, while...

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UK-Japan-Italy Partnership Unveils Concept Model of Next-Generation Combat Aircraft; Herman Claesen Quoted

BAE Systems has unveiled a new concept model of its next-generation combat aircraft under the Global Combat Air Program at the Farnborough International Airshow. The new aircraft, which the U.K. contractor developed with Japan’s Mitsubishi Heavy Industries and Leonardo of Italy, features a larger wingspan than previous concepts for enhanced aerodynamics, a more intelligent weapons...

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GE Aerospace Completes Assessment of Powerplant Options for Future NATO Helicopter

GE Aerospace has completed an initial study supporting the development of NATO’s next generation of rotorcraft capability. The company said the effort, conducted with its Italian partner Avio Aero, analyzed powerplant solutions for the envisioned helicopter, such as advanced gas turbines, hybrid electric systems, hydrogen fuel cells, and hydrogen combustion engines. The partnership also explored...

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Australia Expands List of Primes for Global Supply Chain Initiative

Australia has tapped several companies to join the Global Supply Chain program, expanding its membership to 13 participants in line with the Defence Industry Development Strategy. The participating companies, known as primes, are: Babcock BAE Systems Boeing HII Kongsberg L3Harris Lockheed Martin Moog Northrop Grumman Raytheon Rheinmetall Saab, and Thales.  Defence Industry Minister Pat Conroy...

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Lockheed Martin Australia Realigns R&D Lab’s Focus to Advanced Systems and Technologies

Lockheed Martin’s research operations center in Australia is now known as Advanced Systems and Technologies. The company said the transition from the old name — STELaRLab, short for Science, Technology, Engineering Leadership and Research Laboratory — will enable the facility to better meet the Australian Defence Force’s mission objective and capability development requirements. AST advances research and...

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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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Nikon Sees Growing Demand for Its Metal 3D Printing, Legacy Chipmaking Capabilities

Nikon, witnessing a surge in its businesses, is looking to market its metal 3D printers to the U.S. defense and aerospace market. In an interview with Bloomberg TV on Wednesday, Muneaki Tokunari, president and chief financial officer at Nikon, said the Japanese optics and imaging firm is “betting on many things,” one of which is...

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Canada Awards Hitachi Energy Funding to Build HVDC Simulation Center in Quebec

Hitachi Energy Canada has secured funding from the Canadian government to build a new high-voltage direct current simulation center in Montreal. HVDC is a key component that integrates large-scale renewable electricity into the power grid. On Monday, the company said it received around $22 million from the Strategic Innovation Fund, a national investment program supporting...

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