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Category: Investment Security

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Westinghouse, Bechtel Sign Contract to Support Nuclear Power Plant Development in Poland

American companies Westinghouse Electric and Bechtel have signed a design and engineering contract with Polish utility Polskie Elektrownie Jadrowe to support the construction of Poland’s first nuclear power plant. For 18 months, the three companies will work together to finalize the design of three Westinghouse AP1000 nuclear islands based on the Generation III+ nuclear reactor....

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NATO Chief: Defense Industry Offers A Way to Ukraine Peace

NATO Secretary General Jens Stoltenberg said in a speech to address the International Defence Industry Forum in Kyiv on Friday that “weapons for Ukraine are the way to peace.” Stoltenberg also praised the Ukrainian defense industry’s resourcefulness, noting that “from drones to demining,” Ukraine’s defense innovation proceeded at “lightning speed.” The NATO chief, who addressed the...

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Cyber Analysis Center Beefs Up European Digital Domain’s Shield

The European Commission’s continuous cyberattack risk monitoring of the digital infrastructure in Europe can now be accomplished via the continent’s first cyber analysis center, U.K. aerospace, defense and security company Leonardo announced Tuesday.  The facility is part of a $20 million project that the EC’s DG Connect awarded to a consortium comprising Leonardo and Spanish transport,...

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Australian Defense Companies Invited to Submit Applications for 2024 Export Catalog

Canberra has begun accepting applications from local defense companies for inclusion in the 2024 edition of a catalog that promotes its products and services to foreign governments. The previous edition of the now-renamed Australian Defence Export Catalogue featured over 250 export-ready products and services. In 2024, renaming the publication reflects “the government’s intent not only...

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Thales Acquires Australia’s Tesserent as It Looks to Strengthen Its Global Cybersecurity Portfolio

French defense and aerospace company Thales has finalized its acquisition of Australian cybersecurity firm Tesserent, a deal that it said will contribute to building its cybersecurity business worldwide. Tesserent’s full suite of cybersecurity solutions and services delivered a 2022 turnover of $117.4 million, making it one of the leading industry players in the country. Its...

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Airbus Breaks Ground on New Maintenance Facility for German Air Force A400M In-Service Support Contract

Airbus has started building a new A400M maintenance facility in Germany’s Wunstorf Air Base, an offshoot of the company securing an in-service support contract renewal for the German Air Force’s transport aircraft. The renewal, announced in July, extends for seven and a half years the A400M maintenance work that Airbus secured in December 2014. The...

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Ultra I&C to Integrate TrellisWare Waveform Into New Orion Radios for Secure Military Communications

Ultra Intelligence & Communications will integrate TrellisWare’s TSM waveform into the latest Orion line-of-sight family of radios under a strategic partnership to secure military communications on the battlefield. Orion Gen 6 multichannel, multi-waveform tactical radio systems can be used for land, aerial and naval applications, according to the Ultra I&C website. The products offer artificial...

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Boeing Broadens Brazilian Footprint With New Engineering and Technology Center in Sao Paulo

Boeing has opened its latest engineering and technology center in Sao Jose dos Campos in the Brazilian state of Sao Paulo, the aerospace company announced on Tuesday. The facility is its 15th engineering site worldwide tasked with developing advanced technology for aerospace innovation. The new center expands Boeing’s footprint in Brazil, where it already employs...

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GA-ASI’s New Drones to Use South Korean Fuel Interface Rings

General Atomics Aeronautical Systems Inc.’s MQ-9B SkyGuardian/SeaGuardian unmanned aircraft systems will integrate South Korean manufacturer Rokadi’s fuel interface rings. The two companies signed the supply contract agreement at the Global Industrial Cooperation Association 2023 Autumn Conference in Seoul. The GA website describes the next-generation MQ-9B SkyGuardian as an all-weather drone designed for flights of more than...

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Lockheed Martin to Sponsor the Melbourne Space Program for 12 Months

Lockheed Martin Australia is sponsoring the Melbourne Space Program to help nurture the next generation of space leaders. The program is open to university students who have the aptitude for innovation and problem-solving. Each year, the program selects participants from various disciplines, including engineering and business, to build skills and real-world experience.  Lockheed Martin Australia will...

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