General Atomics Aeronautical Systems Inc. has upgraded its Predator Mission Trainer simulator for its customers operating MQ-9A remotely piloted aircraft fleets. GA-ASI installed the latest version of operational flight program software developed with CAE-USA and automatic takeoff and landing capabilities into the PMT simulator for enhanced mission training. The PMT Plus software is designed to...
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Category: Investment Security
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CGI Lands $126M Contract to Advance UK Cabinet Office’s Digital Transformation Efforts
The United Kingdom has awarded CGI a $119 million contract to support the UK Cabinet Office’s digital transformation efforts. Under the five-year agreement, CGI will provide the U.K. government with data and technology services. According to Michael Hill, chief digital information officer for the Cabinet Office, the partnership will deliver capabilities to enable the office’s...
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Saab to Conduct Conceptual Studies for Sweden’s Future Fighter Systems; Lars Tossman Quoted
Saab has inked an agreement with the Swedish government to conduct conceptual studies for future fighter systems. Under the company’s deal with the Swedish Defence Materiel Administration, the effort will focus on developing and demonstrating manned and unmanned solutions. Saab said the government contract requires close partnership with the Swedish Armed Forces, the Swedish Defence...
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Leidos Names Simon Hutchings as UK-Europe Logistics Managing Director
Reston, Virginia-based tech innovation company Leidos has appointed Simon Hutchings as vice president of its Logistics & Mission Support Division in the United Kingdom and Europe. Before his appointment, Hutchings served as Leidos UK’s director for strategy. Leidos said Hutchings, a retired British Army major general, takes the role of managing director for the Logistics...
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NorthStar Earth & Space To Support Saudi Space Industry Development
Montreal-based information services company NorthStar Earth & Space will support the expansion of space situational awareness capabilities to the Middle East under an agreement it signed with the Saudi Space Agency at the first Space Debris Conference in Riyadh. The agreement, which NorthStar announced on Monday, also focuses on improving space object tracking and growing...
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AUKUS Security Alliance Launches Investor Network to Accelerate Advanced Military Technology Development
Australia, the United Kingdom and the United States have launched a new initiative that promotes the development of new advanced military technologies. The AUKUS Defense Investor Network is comprised of private capital investors from about 300 institutional venture capital firms, corporate venture capital groups and family offices from the three nations. Together, the network represents over...
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Elbit Partners With Romania’s CN Romarm to Produce ATMOS Howitzers Artillery
Elbit Systems has partnered with S Uzina Automecanica Moreni, a subsidiary of state-owned CN Romarm, to increase artillery production in Romania. The companies have signed a cooperation agreement that will establish the Romanian Artillery Center, which will bolster the domestic industrial base and create the foundation for a stronger sovereign artillery production in the southeastern European nation....
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US Grants Samsung $6.4B to Manufacture Semiconductors in Central Texas
The United States government is awarding up to $6.4 billion in direct funding to Samsung. On Monday, U.S. Secretary of Commerce Gina Raimondo visited the company’s new semiconductor manufacturing facility in Taylor, Texas, where she announced the investment. “We’re saying for the first time ever, Samsung can conduct in the United States of America core...
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Kongsberg Defence & Aerospace Appoints Harald Kleven as Advanced Solutions VP for Defense Systems
Kongsberg Defence & Aerospace has named Harald Kleven as vice president of advanced solutions focused on defense systems. Kleven, who announced the appointment in a LinkedIn post, has served the company in various positions for over three decades. According to Tor Martin Myrhaug, who previously worked under Kleven’s leadership, the new Kongsberg advanced solutions VP...
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Shield AI Seeks Expanded Australian Presence With Acquisition of Sentient Vision Systems
U.S.-based defense technology company Shield AI is expanding its business in Australia with the acquisition of Sentient Vision Systems, a company that provides artificial intelligence-enabled imagery. On Thursday, Shield AI announced its “definitive agreement” with the Australian firm to “merge AI expertise and operational understanding to deliver superior intelligence surveillance and reconnaissance capabilities.” The two sides...