European defense industry investments rose to a new record high in 2024, with the United Kingdom topping direct private equity investments in the sector, new research from Heligan Group shows. According to the Birmingham, England-based investment bank analysis, European startups received venture capital funding of about $5.2 billion, almost a fivefold jump in six years, Calibre Defence reported Tuesday. Heligan...
Hello, Guest!
Latest Global News
https://www.gov.uk/government/people/paul-bate
UK Space Agency to Improve Efficiency in Department of Science Innovation and Technology Merger
The U.K. Space Agency will be integrated into the Department of Science Innovation and Technology to help streamline the agency’s support to the British space sector and eliminate bureaucratic red tape. The U.K. government said Wednesday that UKSA will join DSIT starting April 2026 and retain its name, with its staff drawn from both organizations. The integration, part of the...
Photo by Frank Schrader / Pexels
Australia Launches $150M Grants to Advance Space Research Partnerships
The Australian Space Agency has announced a new round of funding under the government’s Australia’s Economic Accelerator program, offering up to $150 million in grants aimed at fostering collaboration between universities and industry partners. The space sector is one of eight national research priorities identified for this support, which is designed to help fast-track the commercialization of cutting-edge research and...
News Briefing
Top GovCon News
GovConExec Interviews
Featured Stories
https://www.gov.uk/government/people/paul-bate
UK Space Agency to Improve Efficiency in Department of Science Innovation and Technology Merger
The U.K. Space Agency will be integrated into the Department of Science Innovation and Technology to help streamline the agency’s...
Photo by Frank Schrader / Pexels
Australia Launches $150M Grants to Advance Space Research Partnerships
The Australian Space Agency has announced a new round of funding under the government’s Australia’s Economic Accelerator program, offering up...
Image by ElasticComputeFarm from Pixabay
Canada, Cohere Partner to Deploy Artificial Intelligence in Public Services
Canada and Toronto-based large language model developer Cohere have agreed to explore the deployment of artificial intelligence across federal operations...
Gen Nakatani / Japan
Japan’s Gen Nakatani Visits Turkey to Discuss Improved Military Cooperation
Japanese Defense Minister Gen Nakatani is in Ankara to meet with officials to discuss ways to improve defense and military...
Launched FIM-92A Stinger missile / Christopher O'Quin, U.S. Marine Corps, Licensed under Public domain
Raytheon Partners With Diehl Defence for Stinger Production in Europe
Raytheon, an RTX business, is collaborating with Diehl Defence to co-manufacture key elements of its Stinger missile in Europe. The...
China flag
Report: China Using AI Firms for Sophisticated Propaganda Campaigns
The Chinese government is reported to have used local artificial intelligence firms to conduct sophisticated propaganda campaigns, according to researchers...