Rolls-Royce Submarines has signed an eight-year Unity contract worth $11.2 billion with the United Kingdom’s Ministry of Defence that allows the UK Royal Navy to access research and technology, design, manufacture, and in-service support to maintain its fleet of nuclear-powered submarines. Steve Carlier, president of Rolls-Royce Submarines, said the deal strengthens his company’s partnership with...
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Category: Investment Security
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Rheinmetall-Leonardo JV Receives Approval From German Competition Agency
Leonardo Rheinmetall Military Vehicles, a joint venture between German arms manufacturer Rheinmetall and Italian defense solutions company Leonardo, has received regulatory approval from Bundeskartellamt, Germany’s federal cartel office. LRMV was established to develop and market the Italian Main Battle Tank and the Lynx platform for the Italian Army’s Armoured Infantry Combat System. The joint venture...
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Lithuanian Government Delivers Drones, Telescopic Loaders, Thermal Imaging Tech to Ukraine
The government of Lithuania has reaffirmed its support for Ukraine in its fight against Russia by sending a new batch of military equipment to Kyiv. The Lithuanian Ministry of National Defence announced on Monday that it has transferred unmanned aerial vehicles, thermal imaging equipment and telescopic loaders to the Ukrainian armed forces. “We cannot slow...
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Amazon Web Services Opens New Data Center Region in Mexico
Amazon Web Services has officially launched the AWS Mexico (Central) Region, allowing organizations in Mexico to run their applications locally. The opening of new data centers is accompanied by a $300,000 commitment from the AWS InCommunities Fund to support community projects. The AWS Mexico (Central) Region offers a solution for businesses, particularly those with data...
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UK Parliament Committee Wants Tight Cost Controls on Stealth Jetfighter Program
A new report from British lawmakers has called for stricter cost controls on the trilateral Global Combat Air Programme, a collaboration between the United Kingdom, Italy and Japan aimed at developing a next-generation stealth jetfighter by 2035. According to a statement released by the British Parliament on Tuesday, the defense committee’s report recommends that London...
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Starlab Space Launches European Subsidiary to Expand International Presence
Starlab Space has officially launched Starlab Space GmbH, its first overseas subsidiary. The new subsidiary aims to showcase the company’s capabilities, foster global cooperation and expand research collaborations in the commercial low Earth orbit segment. Manfred Jaumann has been nominated as the subsidiary’s managing director. The U.S.-based commercial space station company co-owns the European subsidiary...
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British Prime Minister Endorses Action Plan to Attract AI Investments
British Prime Minister Keir Starmer has endorsed the AI Opportunities Action Plan, an initiative to make the United Kingdom a prime destination for companies involved in artificial intelligence research and development. The plan reflects Starmer’s vision for the U.K. to achieve global leadership in AI by transforming the government’s approach to technology. Key components of the initiative...
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Mark Lancaster to Continue Serving as UK Defence and Security Advocate
Mark Lancaster has been reappointed as the United Kingdom’s defence and security advocate, a role focused on promoting the success of domestic defense and security exports. His second term will last until March 2026. Jonathan Reynolds, the secretary of state for business and trade, first appointed Lancaster to the position in January 2023. The responsibilities...
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Rheinmetall Forms JV for New Ammunition Plant in Lithuania
Rheinmetall has formed a joint venture with Lithuanian investment firm EPSO-G Invest and ammunition factory Giraites ginkluotes gamykla to establish ammunition manufacturing capability in Lithuania. Armin Papperger, chairman of the Rheinmetall executive board, said partnering with two local businesses marks a milestone in the plan to build an artillery plant in Baisogala eldership. The German...
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BAE Systems Subsidiary Partners With Rheinmetall to Advance Simulation Technologies
BAE Systems subsidiary Bohemia Interactive Simulations has partnered with Rheinmetall to develop advanced simulation technologies for the defense industry. Their collaboration will initially focus on the Heavy Weapons Carrier project, where BISim will use its VBS4 and Blue IG software products to create a modern combat training solution for the German Army’s Medium Forces. BISim’s...