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Category: Technology

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BWXT Investing $58M to Expand Nuclear Manufacturing Plant in Canada; John MacQuarrie Quoted

BWX Technologies has announced an investment of $58 million to expand its Cambridge nuclear manufacturing plant in Ontario, Canada. The company said it will spend $36.5 million to increase the existing facility’s footprint by 25 percent and $21.9 million will be used to procure advanced manufacturing equipment over the coming years. The expansion project will...

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UK MoD Orders Six More H145 Helicopters From Airbus; Lenny Brown Quoted

The United Kingdom is adding six additional units of the H145 helicopter to its original order from Airbus. According to the aircraft maker, the British Ministry of Defence will deploy the choppers to replace the Airbus Pumas used for emergency response and military training activities carried out by British forces in Cyprus and Brunei. Lenny...

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United Kingdom’s Challenger 3 Main Battle Tank Moves Closer to Full Production

The United Kingdom’s Challenger 3 armored vehicle is almost ready for battle. According to an update from the Ministry of Defence, the latest of the eight Challenger 3 main battle tank prototypes have rolled off from the Rheinmetall BAE Systems Land factory production line. “This tank will be at the heart of the British Army’s...

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US OKs Basler Military Transport Aircraft Sale to Argentina Valued at $143M

The U.S. Department of State has approved Argentina’s request to purchase the Basler BT-67 transport aircraft and associated materials and program support, such as spare engines and parts, repair and maintenance services, and technical documentation. The Defense Security Cooperation Agency, which transmitted the State Department’s approval to Congress, said the proposed procurement has an estimated...

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Anduril Ready to Deliver First Ghost Shark Underwater Drone to Royal Australian Navy; Shane Arnott Quoted

Anduril Australia will deliver a prototype of the Ghost Shark underwater drone to the Royal Australian Navy. Alongside industry partners, Anduril is building the first of three unmanned undersea vehicles co-developed by the Australian Department of Defence under an $89.7 million contract.  Shane Arnott, engineering senior vice president at Anduril Industries, noted that up to...

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US Treasury Designates Entities, Individuals Involved in Iranian Drone, Missile Production

The Department of the Treasury’s Office of Foreign Assets Control has designated 16 individuals and several entities for enabling Iran’s production of unmanned aerial vehicles and ballistic missiles used in a weekend attack against Israel. Companies and individuals subject to assets and trade restrictions include Oje Parvaz Mado Nafar Co. and its CEO Mohammad Sadegh...

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Jacobs to Provide UK MoD With Advanced Cybersecurity Solutions; Steve Arnette Quoted

The U.K. Ministry of Defence has awarded Jacobs Solutions a contract to deliver advanced cybersecurity solutions. Awarded under the Digital and IT Professional Services framework, the agreement calls for the company to provide cyber technology expertise for the UK Strategic Command’s Defence Digital organization. According to Jacobs, the DIPS framework has a potential value of...

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NATO Meets With Industry Leaders to Discuss Ways to Enhance Maritime Surveillance

NATO met with company leaders in Belgium this week to explore potential collaboration in maritime surveillance. Over 200 representatives from government and industry convened at NATO Headquarters in Belgium to discuss how to better protect vital communications in sea lanes and other infrastructures. The event is part of the military alliance’s Digital Ocean initiative, launched...

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Oracle to Expand Japanese Cloud Business With Planned $8B Investment; Toshimitsu Misawa Quoted

Oracle Corp. is spending more than $8 billion to expand its cloud business in Japan. The planned investment, to play out over the next 10 years, will grow Oracle Cloud Infrastructure’s footprint across the country. Central to the plan is the company’s target of increasing its Japan-based personnel to provide customers with operations and engineering...

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Microsoft Invests $1.5B in Emirati Tech Company G42 to Accelerate AI Innovation in the Middle East

Microsoft is partnering with an Emirati company to develop artificial intelligence for various applications. The Redmond, Washington-based company said it will invest $1.5 billion in g42, an AI company headquartered in Abu Dhabi, United Arab Emirates. Brad Smith, vice chair and president of Microsoft, is joining G42’s board of directors as part of the deal....

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