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Category: Investment Security

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Royal Australian Navy Veteran Joins Serco as Managing Director for Defense

Royal Australian Navy veteran Peter Behrendt has joined British company Serco as managing director for defense, succeeding Clint Thomas. In his new role, Behrendt will use his years of leadership experience in the defense and security sectors to oversee Serco’s development and deployment of emerging defense technologies. He spent over 12 years at RAN, serving...

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Canada Orders TikTok Unit Closure, Cites National Security Concerns

Canada has ordered the winding up of TikTok Technology Canada Inc., a unit of Chinese IT company ByteDance that oversees the social media platform’s operations in the North American nation. Canadian Minister of Innovation, Science and Industry Francois-Philippe Champagne, who made the announcement on Wednesday, said the move aligns with the Investment Canada Act, which...

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IDEMIA Names New Chief Technology Officer for Public Security

Secure solutions provider IDEMIA Public Security has named Vincent Bouatou its chief technology officer and head of its international CTO office. Bouatou brings over 20 years of experience to his new role, helping him steer the company’s cybersecurity strategy, technical governance initiatives and artificial intelligence development leadership. He most recently served as IDEMIA Public Security’s...

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MDA Space Names Finance Veteran as New CFO

Finance veteran Guillaume Lavoie has joined MDA Space as chief financial officer, effective immediately. Lavoie comes into his new role with more than 20 years of financial experience, specializing in strategic and financial planning, investor relations, and mergers and acquisitions. A chartered professional accountant in Canada, he recently served as executive vice president and CFO...

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Eve Air Mobility to Launch Embraer-CAE-Led eVTOL Training Program

Brazilian electric vertical takeoff and landing aircraft manufacturer Eve Air Mobility has selected Embraer-CAE Training Services to lead training initiatives related to its concept eVTOL aircraft. The aircraft will be offered as part of the Eve TechCare all-in-one service portfolio. The Embraer-CAE joint venture will deliver a training program for pilots, maintenance professionals and ground...

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Jacobs to Advise UK Ministry of Defence on $6.5B Estate Optimization

The U.K. Ministry of Defence has appointed Jacobs as a strategic environmental and technical adviser to help redevelop surplus military land for community use. The initiative is part of the Defence Estate Optimisation portfolio, a $6.5 billion government program to modernize and make defense infrastructure more sustainable. As a consultant, Jacobs will provide environmental and...

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Australia’s Defence Intelligence Group Turns to Industry to Manage Data Surge

Australia needs industry support to design, develop and sustain capabilities to manage the anticipated surge in intelligence data over the next decade, according to Maj. Gen. Brett Mousley, head of intelligence capability for Defence Australia’s Defence Intelligence Group. At a DIG briefing held at the Australian Defence Force Academy in Canberra, Mousley highlighted the need...

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Australia Taps Thales as Strategic Partner for Ammunition Production

The Australian government has selected Thales Australia as one of its strategic partners under the newly published Australian Guided Weapons and Explosive Ordnance Plan. As a key collaborator, the company will help boost the country’s defense capabilities, particularly in enhancing Defence Australia’s GWEO stockpile, strengthening domestic munition manufacturing and supply chain, and speeding up the...

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BAE Systems Announces $285M Advanced Technology Factory Renovation Project

BAE Systems will renovate its aviation technology factory in Rochester, United Kingdom, to combine its manufacturing, engineering and office spaces and increase the site’s production capacity. The company said it will invest $285.27 million into a new, modern 32,000 sqm factory that would generate 300 jobs over the next five years. The renovation work will...

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HENSOLDT-Raytheon Repair Facility to Enhance Support for NATO EO/IR Systems

HENSOLDT and Raytheon have agreed to build a maintenance, repair and overhaul facility for electro-optical/infrared systems in Germany. The effort is part of a new partnership phase that aims to ensure NATO forces have reliable access to the sensor technology. The MRO facility, set to be operational by early 2025, will initially focus on supporting...

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