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Category: Investment Security

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Comtech Secures Spectra Group Deal to Equip NATO, European Union Customers With BLOS Capabilities

Comtech has secured a $20 million deal from United Kingdom-based Spectra Group to provide NATO and European Union customers with the Compact Over-the-Horizon Transportable Terminal system. The agreement will deliver secure and resilient beyond-line-of-sight capabilities to military users, according to Comtech President and CEO Ken Peterman. The company’s Troposcatter Family of Systems will provide blended...

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Australia’s Silentium Defence Completes Lockheed Martin’s 12-Month Mentorship Program

Australian tech company Silentium Defence has completed the Lockheed Martin Mentor Protégé Program, a project designed to help small innovative businesses advance their technical and operational capabilities. Lockheed Martin Australia confirmed that Silentium Defence finished the MPP, with LMA’s Office of Australian Industrial Participation sponsoring the company’s participation in the development program. Under the 12-month...

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HII, Babcock Australasia Partner With Aussie Universities to Establish AUKUS Workforce Alliance

U.S.-based HII and Australia’s Babcock Australasia are working with top universities to establish the AUKUS Workforce Alliance to develop the workforce needed to strengthen the Australian defense industry. The AWA, which counts the University of Adelaide, Curtin University and the University of NSW as academe partners, will combine knowledge, skills and experience from Australia, the...

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Task Force Adds Bulgaria, Removes Four Nations in International Financial Crime List

The Financial Action Task Force has made changes to its list of jurisdictions under increased monitoring.  Following its plenary meeting in October, the task force added Bulgaria and removed Albania, Jordan, Panama and the Cayman Islands from its list of countries with deficiencies in their anti-money laundering, countering the financing of terrorism and countering the financing...

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DTC, Silentium to Develop Air Defense Solution With No Electromagnetic Signature

Domo Tactical Communications, a MIMO mesh provider based in Virginia, is working with Silentium Defence of Australia to develop an air defense radar system that can detect surface and airborne targets. The two companies will combine their technologies to produce a solution with no electromagnetic signature. Dave Huisenga, executive vice president and general manager for...

Colt Technology Services Agrees to Buy Lumen Technologies’ EMEA Operations for $1.8B
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Colt Technology Services Agrees to Buy Lumen Technologies’ EMEA Operations for $1.8B

London-based Colt Technology Services, a digital infrastructure company, has signed an agreement to purchase Lumen Technologies’ Europe, Middle East and Africa business for $1.8 billion. According to a Lumen press release, the deal includes the sale of Lumen’s EMEA terrestrial and subsea networks, data centers and network equipment. Keri Gilder, Colt Technology Services CEO, said...

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Accenture Acquires UK Government Digital Transformation Firm 6point6

Accenture has agreed to acquire technology consultancy firm 6point6. The acquisition, once completed, will expand Accenture’s presence and capability to support customers in the United Kingdom. Terms of the deal were not disclosed. London-headquartered 6point6 was founded in 2012. It offers digital transformation, cybersecurity and data services to the U.K. central government. Among its major...

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Airbus Helicopters, Naval Group Test Unmanned Aerial System From French Navy Frigate

Airbus Helicopters and the French defense company Naval Group have completed a sea trial of a naval aerial drone system in the Mediterranean Sea. The autonomous VSR700 flew from the multi-mission frigate Provence, demonstrating its capability to perform surveillance and intelligence missions from an operational warship. The trial was conducted with the French Navy, which supplied...

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New Cooperative Agreement Grooms Norwegian Missile System for Further Upgrade

The Norwegian Ministry of Defence said it will upgrade the Norwegian Advanced Surface-to-Air Missile System or NASAMS under a new cooperative agreement with Raytheon and Kongsberg Defence & Aerospace. Raytheon and Kongsberg jointly develop and manufacture NASAMS as a versatile medium-range air defense solution. According to Kongsberg’s website, NASAMS has continued to evolve since its...

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Thales Names Fabien Bortoluzzi as Managing Director for Western, Central Africa Operations

Thales has appointed Fabien Bortoluzzi as managing director of the company’s operations in Western and Central Africa.  In his new role, Bortoluzzi will lead the company’s over 1,000 employees in the continent and drive the growth of its civil and defense businesses in the region from the Thales West and Central Africa headquarters in Dakar, Senegal. ...

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