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Category: Investment Security

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Anduril, HD Hyundai to Produce New Autonomous Naval Systems for Defense Customers

Anduril Industries has forged a strategic partnership with HD Hyundai Heavy Industries to deliver a new class of autonomous naval systems. The collaboration intends to rebuild the naval capabilities of the United States and South Korea and the two countries’ allies and partners, Anduril said. According to Anduril Chief Strategy Officer Christian Brose, the two...

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Italy’s Fincantieri Prepares for Opportunities in Undersea Market Growth; Pierroberto Folgiero Quoted

Italian ship manufacturer Fincantieri is preparing for the anticipated growth of the undersea market over the coming years, according to company CEO Pierroberto Folgiero. In an interview with Breaking Defense, Folgiero predicted that the market would be worth up to $400 billion by 2030. “Underwater will be what was space 40 years ago,” the CEO...

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Accenture Expands Business in Japan With Acquisition of System Integrator Climb

Accenture has announced a deal to acquire Climb, a Japanese company that provides system integration, IT infrastructure management and operations services. The acquisition will enable Accenture to use Climb’s expertise to support Japan-based companies’ digital transformation efforts and allow Climb’s local experts to strengthen Japan’s information communication technology sector, Accenture said. According to Atsushi Egawa,...

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Viasat Establishes Innovation Center of Excellence in London; Jason Smith Quoted

Viasat has opened its international business headquarters in London nearly a year after it acquired British satellite operator Inmarsat. The Innovation Centre of Excellence, which houses Viasat’s UK Network Operations Centre and Satellite Control Centre, focuses on technology innovation and scaling execution to improve satellite, network and cybersecurity services for global customers in maritime, aviation...

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China Announces New Round of Sanctions on US Companies Over Arms Sales Deal With Taiwan

China has sanctioned U.S. companies General Atomics Aeronautical Systems Inc. and General Dynamics Land Systems over arms deals with Taiwan, which it considers a breakaway province. The economic action bans senior executives from both defense technology providers from entering China and freezes access to company assets in the country. General Dynamics operates Gulfstream and jet...

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Lockheed Moves Closer to In-Country Manufacturing for Polish PAC-3 Missile Project

Lockheed Martin has moved closer to its goal of in-country manufacturing in Poland for the Patriot Advanced Capability-3 missile system, with several milestones under the Polish PAC-3 Missile Segment Enhancement program completed in 2023, a company executive said.  Anna Ortylewski, Lockheed’s Polish PAC-3 MSE program head, added that the year’s program gains also support PAC-3’s...

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Northrop, Serco to Deliver Advanced LVC Solutions for British Army’s Training Modernization Effort

Northrop Grumman and Serco are collaborating to develop advanced live, virtual and constructive training solutions for the British Army’s Collective Training Transformation Programme. The joint effort supports the CTTP’s objective of building the Army Collective Training System, which the British Army will use to prepare soldiers for future warfare scenarios, Northrop Grumman said. Under the...

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DTC to Integrate Software-Defined Radio Tech Into Nordic Wing UAV

Domo Tactical Communications has secured a contract to provide its advanced software-defined radio technology for Nordic Wing’s AsteroISR unmanned aerial vehicle system. Under the deal, DTC will integrate the SDR into AsteroISR to equip the UAV system with high-performance encryption and anti-jamming capabilities. Jonas Munster, chief security officer at Nordic Wing, said this ensures uninterrupted...

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US, India, Israel, UAE Step Up to Promote I2U2 Initiative

The United States has signed a memorandum of understanding with Israel, India and the United Arab Emirates to form the I2U2 Private Enterprise Partnership. According to the MOU, the public-private partnership was established to promote and advance the mission of the I2U2 Group, which refers to India, Israel, the U.S. and the UAE. The group, whose...

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Taiwan Steps Up Drone Manufacturing Program

Geosat Aerospace and Technology is set to produce Turkish-designed Jackal drones in Taiwan The company recently signed a memorandum of understanding with British firm Flyby Technology for the purchase, technology transfer and manufacturing of up to 160 of the unmanned aerial vehicle. In the press release announcing the MOU with Flyby Technology, Geosat said it would further...

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