NASA will work with the United Arab Emirates’ Mohammed Bin Rashid Space Centre to develop an airlock module for the Gateway Space Station. The aerospace company will build, deploy and operate the Crew and Science Airlock module for the space station that will be launched to orbit the moon, according to an agreement announced on...
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Category: Investment Security
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Redcom Taps Australia’s MicroSecure to Bring Tactical Command and Control Solutions to Pacific Region
New York-based Redcom Laboratories has partnered with Australian company MicroSecure to extend the market reach of its tactical command and control solutions to government and military customers in the Pacific region, including the Australian Defense Force. The partnership grants Melbourne-based MicroSecure, a cyber and security consulting firm catering to the government, defense and intelligence sectors,...
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Airbus To Acquire Atos’ Cybersecurity Division for $1.97B
French IT company Atos has confirmed that it is in discussion with Airbus over the potential sale of its data and cybersecurity business BDS for $1.97 billion, including debt. According to a Wall Street Journal report, Atos said it is in preliminary negotiations with the French aircraft maker. Airbus also confirmed that it had submitted a...
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Accenture Expands Cybersecurity Capabilities With 6point6 Acquisition
Accenture further expanded its footprint in cybersecurity following the completed acquisition of the U.K. technology consultancy 6point6, which specializes in cyber, cloud and data solutions. The newly acquired company, which operates from London and Manchester, brings in about 400 technologists to service clients’ needs, Accenture said in announcing the finalized deal on Wednesday. It did...
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Treasury Issues New Round of Sanctions Over Houthi Attacks in Red Sea
The Department of the Treasury has imposed new sanctions against entities aiding Iran in providing financial assistance to Houthi forces in Yemen. In a press release posted on Thursday, the Treasury’s Office of Foreign Assets Control designated Nabil Ali Ahmed Al-Hadha pursuant to Executive Order 13224, which prohibits transactions with terrorists. According to OFAC, Al-Hadha serves...
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Intel Wins $3.2B Incentives for $25B Israeli Chip Factory
The Israeli government is providing a $3.2 billion incentive for Intel’s new $25 billion chip factory in Kiryat Gat, southern Israel, where the company already has a chip-making facility. According to a statement, Intel’s Israeli plant expansion is an important element in its effort to promote “a more resilient global supply chain,” which also includes manufacturing investments...
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Xalles Advances Security Business With UK Defense Tech Firm Artemis Acquisition
Washington, D.C.-based fintech company Xalles Holdings has acquired U.K. firm Artemis Defense Technologies focused on unmanned systems and artificial intelligence solutions. It said Artemis is already operating as its fully integrated subsidiary and the first unit of the newly formed Xalles Security business group. According to Xalles, Artemis is geared to expand its U.S. footprint,...
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New CAE Full Mission Training Center Opens for Sea Lion Helicopter Operations in Germany
CAE inaugurated a fully equipped training center for NH90 NTH Sea Lion pilots at Nordholz Naval Airbase in Lower Saxony, Germany, on Monday. According to CAE, the facility features several simulators, such as an operational flight trainer for pilots and co-pilots and two operational tactics trainers for the tactical coordinator and the rear crew. The...
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Rheinmetall Secures $314M Contract From Hungary to Develop Next-Generation Tank
Rheinmetall will work with the government of Hungary to develop the next-generation tank, Panther KF51. The German arms and land systems manufacturer recently signed a development contract valued at $314.5 million in Zalaegerszeg, Hungary. “The Panther KF51 is the world’s most advanced main battle tank. It sets a new standard for the combat effectiveness of...
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Jacobs Books Three-Year Contract to Support France’s Nuclear Power Reactor Development
Jacobs Solutions has received a contract to support a French startup project to develop an innovative nuclear power reactor. Under the three-year agreement, the U.S.-based company will deliver the necessary services to ensure that Naarea can safely advance its XAMR nuclear micro-generator technology. According to Jacobs, it will provide nuclear safety and engineering support for...