Capgemini has named two new members of its leadership team: Paul Margetts, CEO of the French IT and consulting firm’s Asia Pacific Strategic Business unit, and Rob Walker, managing director of its U.K. division. Margetts, who joined Capgemini in 1992, was appointed Capgemini UK unit managing director and group executive committee member in 2018. Previously,...
Hello, Guest!
Category: Investment Security
Post
US, UAE Trade Group Expands With Redwire Addition
The US-UAE Business Council, an organization dedicated to promoting greater trade and investment between the two nations, has added American aerospace and space contractor Redwire as its latest member. Redwire is among the businesses that have benefitted from the United Arab Emirates’ growing investment in space. The Jacksonville, Florida-based company has supplied space technologies for...
Post
Airbus Acquires German Cyber Solutions Provider Infodas
Airbus Defence and Space has completed the acquisition of German company infodas, a provider of cybersecurity and IT solutions for defense and critical infrastructures. The acquisition, announced in March, comes as Airbus improves its cybersecurity capabilities and expertise to protect its products, operations, customers and ecosystem from threats in an increasingly digitalized and connected defense...
Post
Saudi Arabian Military Industries Announces Retirement of CEO, Names Interim Chief
Walid Abukhaled has retired as CEO of the state-owned defense company Saudi Arabian Military Industries. Abukhaled took over as chief of the Saudi defense business in 2020, succeeding Andrew Schwer, a German national and former executive at Rheinmetall. Before leading SAMI, Abukhaled was CEO of the Middle East unit of Northrop Grumman. Under his leadership,...
Post
Juliette Wilcox Takes Lead Role at Ultra Intelligence & Communications’s UK Cyber Division
Juliette Wilcox, former cybersecurity ambassador of the U.K. Department for Business and Trade’s U.K. Defence and Security Exports, has been appointed president of Ultra Intelligence & Communications’ U.K. Cyber division. In her new position, Wilcox heads more than 200 employees in the division’s locations in Maidenhead, Farnborough and Gloucester. The company said the new cyber...
Post
IBM to Relocate Its R&D Unit Out of China Amid Revenue Drop
Multinational technology company IBM is relocating its research and development unit out of China. The announcement was made during a virtual town hall on Monday, when Jack Hergenrother, IBM global enterprise systems development vice president, revealed Big Blue’s plans to concentrate R&D efforts on facilities in other regions. According to the U.S. company, the decision...
Post
Lockheed Martin Lists F-16 Pilot Training Center in European Expansion Plans
Lockheed Martin plans to double the instructional capability of the F-16 pilot training center opened in November at the Romanian Air Force 86th Air Base to meet the demand from the United States and its allies. Frank St. John, chief operating officer at Lockheed, told Defense One that expanding the training facility, which graduated its...
Post
Hanwha Aerospace Unit Inaugurates Australian Armored Vehicle Manufacturing Facility
Hanwha Defence Australia, a subsidiary of South Korean company Hanwha Aerospace, has inaugurated an armored vehicle manufacturing facility in Geelong, Victoria. The Hanwha Armoured Vehicle Centre of Excellence, or H-ACE, supports the production and sustainment of tracked armored vehicles through various facilities, including several assembly lines, a test track and obstacle course, a deep-water test...
Post
Voyager Space Joins Spaceport Nova Scotia’s Launch Infrastructure Development
Denver, Colorado-based Voyager Space will support the establishment of Spaceport Nova Scotia‘s launch support infrastructure as an owner-authorized representative. According to Maritime Launch Services, the developer of the spaceport in the east coast of Canada, it will tap the engineering, design and fabrication capabilities of Voyager’s Exploration Segment to establish the infrastructure. Jeffrey Manber, Voyager...
Post
EU Approves $5.6B German Aid for European Microchip Manufacturing Facility
The European Commission, the European Union’s primary executive arm, has approved Germany’s plan to invest $5.6 billion in the European Semiconductor Manufacturing Company’s effort to build a microchip facility in Dresden. According to the EC, the large-scale manufacturing plant will produce high-performance chips based on 300 mm silicon wafers that improve performance while reducing total...