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Category: Investment Security

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Thales Works With Clavister, Blackthorn to Develop New Cyber, Defense Solutions

Thales has signed an agreement to bolster cyber collaboration and explore new business opportunities in Sweden with Clavister and Blackthorn. The three parties finalized a memorandum of understanding to develop new cybersecurity and defense solutions for their existing customers. Thales said the partnership will advance joint efforts to meet Swedish customers’ requirements for enhanced networking,...

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Five-Nation Joint Purchase of MBDA Missile System Rolls Forward in Europe; Eric Beranger Quoted

French defense purchasing agency DGA will manage the joint procurement of MBDA’s Mistral 3 missile system by France, Belgium, Cyprus, Estonia and Hungary, which signed a cooperation agreement for the deal on Wednesday. The Defence Industry Europe website reported that DGA has already signed a contract with MBDA for the French purchase of the missiles....

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Northrop Eyes Ammunition Manufacturing in Ukraine

Ukraine is expected to fund a manufacturing project with Northrop Grumman to produce medium caliber ammunition on Ukrainian soil. Dave Bartell, director of international business for Northrop’s defense systems sector, and Stanley Brown, the Department of State’s principal deputy assistant secretary for the Bureau of Political-Military Affairs, confirmed the coproduction agreement during the Eurosatory 2024...

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Italy Tops 2023 European Defence Fund Project Awards With Leonardo’s Major Grants

Italy cornered most of the projects under the 2023 European Defence Fund, the European Commission’s support tool for defense research and development among regional companies. Out of the EDF’s 54 R&D projects in 2023, valued at about $1.07 billion, Italian companies won 35, with Leonardo accounting for 13 grants, according to a company statement. With...

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KBR Secures Contract to Support Iraq Megaprojects; Jay Ibrahim Quoted

KBR will work with the Iraqi government on sustainable infrastructure development in the region.  On Tuesday, the Houston-based company announced that it secured a contract valued at $46 million to provide differentiated advisory and consultancy, feasibility studies, technical reviews, project management, and economic planning and strategy development support to Iraq’s Ministry of Planning. The contract...

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Rheinmetall Partners With QUS to Improve Battlefield Management System

Rheinmetall is adding biomonitoring functions into its Gladius 2.0 soldier system through collaboration with Austria’s QUS Body Connected. Gladius 2.0 will support live data tracking of soldiers to enable adjustments during training and ensure optimal fitness development. Deployed during actual warfighting operations, the technology will provide commanders with the latest data on individual soldiers or...

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Trellix Report Exposes Rise in Chinese Cyberthreats; John Fokker Quoted

California-based cybersecurity company Trellix said in a new report that it has found an increase in cyberthreats associated with China and Russia, along with other risks, such as the growth of cyber actor tools capable of eluding endpoint detection and response solutions. The study from the Trellix Advanced Research Center, titled “The CyberThreat Report: June...

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Rheinmetall-Ukraine Joint Venture Establishes Maintenance, Repair Center for German-Made Systems; Armin Papperger Quoted

Rheinmetall Ukrainian Defense Industry, Rheinmetall’s joint venture with state-owned Ukrainian Defense Industry JSC, has opened its first service center to speed up the maintenance and repair of German military equipment on Ukrainian soil. The new facility has begun servicing Marder infantry fighting vehicles, with plans to repair Leopard 1 and Leopard 2 main battle tanks...

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Hughes Europe, Telespazio to Provide European Customers With Advanced Communications Solutions

Hughes Europe is collaborating with Telespazio to deliver advanced communications solutions to government agencies and military operators in Europe. The partnership aims to satisfy demand for intelligence, surveillance and reconnaissance and beyond visual line of sight connectivity in the region, the company said. Under the collaborative effort, Hughes Europe and Telespazio will offer fully managed...

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US Army Holds Industry Day in Oslo for Norwegian Construction Companies

The U.S. Army Corps of Engineers, Europe District, recently gave industry briefings to some 100 representatives of engineering and construction companies in Norway and across Europe about potential construction contracts involving regional security projects.  The industry day held in Oslo on May 22 detailed the registration process for competing on U.S. contracts and provided an overview...

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