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Category: Investment Security

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Lockheed Martin’s Derco to Support Maintenance of Romania’s F-16 Fleet

Lockheed Martin’s Derco Aerospace is working with Romanian company Aerostar to support the Romanian Air Force’s F-16 fleet. The two companies signed an agreement requiring Derco to provide the needed tools, equipment, technical documentation and training for Aerostar to keep the RoAF’s F-16s ready for mission operations. Under the deal, the U.S. company will deliver...

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KBR to Continue Supporting UK’s $1.2B Clean Energy Efforts

KBR’s Frazer-Nash Consultancy has secured a contract from the U.K. Department for Energy Security and Net Zero to continue supporting the country’s $1.2 billion clean energy initiative. Modifications to the agreement originally awarded in 2021 include the company assisting in the United Kingdom’s efforts to develop new energy technologies, systems and processes. In particular, it...

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Airbus, Satlantis Sign MOU to Offer Infrared Capability to Spanish Government

Airbus and Bilbao-based company Satlantis are collaborating on space-based infrared capabilities for the Spanish government and Ministry of Defence.  The companies recently signed a memorandum of understanding to integrate Satlantis-developed optical and thermal cameras on Airbus satellites.  The partnership aims to offer governments with high-resolution thermal observation and data collection to strengthen national security, assist in...

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Edge Launches Multi-Domain Military Testing Facility in the Gulf Region

Edge, an Abu Dhabi-based advanced technology and defense company, has launched X Range, an international training facility for defense and aerospace capabilities and testing space for commercial products. The facility, which was unveiled at the Dubai Airshow 2023 on Monday, is located on a 350-square-kilometer island called Abu Al Abyad, about an hour’s drive from...

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U.S. Reaffirms Commitment to Develop Resilient, Secure Infrastructure in Pacific

Ambassador Linda Thomas-Greenfield, U.S. representative to the United Nations, has reaffirmed the American government’s commitment to the Pacific Islands’ sustainable development goals, which include building resilient and secure infrastructure. The ambassador made the pledge during the Pacific Islands Forum held in the Cook Islands, where she met with regional leaders and entrepreneurs.  Enhancing digital connectivity...

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Lockheed Martin, Euro Partners to Provide F-16 Training Support in Romania

Lockheed Martin will be working with several European companies to provide combat plane training at the newly inaugurated European F-16 Training Center in Romania. Romania and the Netherlands established the center to train local pilots on the F-16, according to OJ Sanchez, vice president and general manager of the Integrated Fighter Group at Lockheed Martin....

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DTC, Huneed Technologies to Develop MANET Solution for Modern Military Applications

Domo Tactical Communications has signed a memorandum of understanding with Huneed Technologies to develop an advanced mobile ad hoc network solution for use in the modern battlefield around the world. As part of the agreement, DTC will provide its MANET technology to South Korean military forces. Under the MOU. the partner companies will advance the...

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Australia Establishes Defence Digital Group to Strengthen ICT Capabilities

The Australian Defence Force has established a new group to oversee Australia’s digital information and communications capabilities. According to Chris Crozier, chief information officer of the Australian federal government, the formation of the Defence Digital Group to replace the Chief Information Officer Group is a step forward in aligning the ADF’s information and communication posture and structure...

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UAE’s Edge Group Acquires Majority Stake in Swiss VTOL Maker Anavia

Abu Dhabi-based Edge Group has acquired 52 percent majority shares of Swiss vertical takeoff and landing system manufacturer Anavia.  The move makes Edge a leader in VTOL.  “The acquisition of a majority share in Anavia is an important step in Edge’s strategy of bolstering its advanced autonomous aerial vehicle capabilities as it rapidly expands its...

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General Atomics To Integrate Edge Smart Weapons Into MQ-9B SkyGuardian Platform

General Atomics Aeronautical Systems Inc. has agreed to work with the United Arab Emirates’ Edge Group to equip its remotely piloted aircraft with precision-guided munition and guided-glide weapon solutions. According to GA-ASI, the agreement will lead to the deployment of the MQ-9B SkyGuardian featuring Edge smart weapons. The effort expands the existing defense cooperation between...

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