Poland is acquiring over 150 more K9 Thunder self-propelled howitzers from South Korea. On Friday, Poland’s State Armament Agency said it signed a contract valued at $2.6 billion with South Korean defense company Hanwha Aerospace for the 155 mm artillery. The agreement includes six self-propelled K9 howitzers that Hanwha Defense is scheduled to deliver in 2025 and 146...
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Author: Elodie Collins (Elodie Collins)
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Northrop Grumman Partners With Rohde & Schwarz to Support Multi-Function, Multi-Domain Technology Across Europe
Northrop Grumman has partnered with Rohde & Schwarz, a Germany-based electronics company specializing in electronic test equipment, to provide resilient communications systems across Europe. The companies signed a memorandum of understanding to collaborate at the Berlin Security Conference held in Germany on Monday. “Working together with German industry underscores the importance of rapidly developing solutions that...
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Nive Bhagat to Replace Carole Ferrand as Capgemini Group Chief Financial Officer
Capgemini, a digital transformation and technology services headquartered in Paris, France, has named Nive Bhagat as group chief financial officer and group executive board member. Bhagat replaces Carole Ferrand, who has served in the CFO capacity since 2018. Ferrand will facilitate the transition of her responsibilities to her successor in the next couple of weeks...
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Thales Acquires California-Based Cybersecurity Company Imperva for $3.6B
Thales has completed the acquisition of Imperva, a California-based cybersecurity company, for approximately $3.6 billion. The French aerospace, defense and security company reached an agreement to make the purchase from software investment firm Thoma Bravo in July, a transaction that was initially expected to end in the first quarter of 2024. The addition of Imperva expands Thales’ cybersecurity portfolio....
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US Issues New Sanctions on Entities Associated With North Korea
The Department of the Treasury has issued new sanctions against foreign-based agents of North Korea, officially the Democratic People’s Republic of Korea. According to the Treasury’s Office of Foreign Assets Control, Green Pine is responsible for about half of the North’s arms and related materiel exports. Green Pine is controlled by the DPRK’s Reconnaissance General Bureau. It...
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Thales Collaborates With Edge Group’s EPI for Precision Engineering
The Thales Group and EPI, an entity under the Edge Group, have signed a letter of intent to explore procurement opportunities for industrial parts and engineering services. EPI is a precision engineering company supporting the aerospace, defense and oil and gas industries across the United Arab Emirates. The company provides manufacturing engineering, surface treatment, coating, repairing and...
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Elbit Partners With Romania’s CN Romarm to Produce ATMOS Howitzers Artillery
Elbit Systems has partnered with S Uzina Automecanica Moreni, a subsidiary of state-owned CN Romarm, to increase artillery production in Romania. The companies have signed a cooperation agreement that will establish the Romanian Artillery Center, which will bolster the domestic industrial base and create the foundation for a stronger sovereign artillery production in the southeastern European nation....
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Europe Mulls Acquisition Strategy Similar to US Foreign Military Sales Program
The European Commission is looking into adopting a strategy that will ease the process of selling weapons. As governments across Europe increase military spending in response to rising threats from Russia, the EC is considering a scheme similar to the U.S. Department of Defense’s Foreign Military Sales program. According to a consultation paper first seen...
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AUKUS Could Involve More Countries in Efforts to Integrate Emerging Technologies Into Military
Australia, the United Kingdom and the United States are mulling the possibility of welcoming the contributions of other countries in Pillar 2 of their AUKUS security partnership. AUKUS has two lines of effort: Pillar 1 is focused on aiding Australia to acquire nuclear-powered submarines while Pillar 2 will explore the integration of emerging technologies in military...
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Belgium Set to Join FCAS Fighter Jet Program in 2025
Belgium is joining the Future Combat Air System sixth-generation fighter program. According to Ludivine Dedonder, the defense minister of Belgium, the nation will be the fourth FCAS partner behind Germany, France and Spain by June 2025. Belgium is also set to sign the FCAS observer status membership agreement in December. Dedonder confirmed the timeline in a...