Axient has established a new subsidiary and opened a new office in the Netherlands to better serve its customers in Europe. On Thursday, company executives celebrated the milestone with Dutch government leaders and industry representatives. The American defense technology provider first announced its Dutch subsidiary, Axient Systems, in April. It marks the first time the company...
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Report: Six US Tech Companies Part of NATO’s Initial Accelerator Program
The first cohort of NATO’s Defense Innovation Accelerator for the North Atlantic includes six U.S. tech companies, a senior official of the security alliance confirmed. Citing unpublished NATO documents it obtained, DefenseScoop reported that the six are among the 44 companies selected for the effort. Four of the U.S. companies were selected for DIANA’s undersea...
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MBDA Secures Deal to Support Europe’s $152M Hypersonic Interceptor Program
MBDA has signed an agreement with the Organization for Joint Armament Cooperation to provide research and development support for the $152 million Hypersonic Defense Interceptor System program. The deal launches a three-year concept phase to explore and create an effective counter-hypersonic and anti-ballistic concept to address emerging and complex threats. Under the agreement, MBDA will...
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Fluor Expands in India to Beef Up Global Operations Support; Dan Spinks Quoted
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...