The Department of the Treasury has slapped sanctions on three entities that it said were tied to arms trading between Russia and North Korea. In a notice issued on Wednesday, the department’s Office of Foreign Assets Control designated Limited Liability Company Verus, Versor S.R.O. and Defense Engineering Limited Liability Partnership pursuant to Executive Order 13551,...
BAE Systems has agreed to acquire Ball Aerospace from Ball Corp. for $5.55 billion. Ball Aerospace manufactures spacecraft, instruments and sensors, laser remote sensing systems, and microwave technologies. On Bloomberg, an earlier report cited people familiar with the talks said a deal could be reached within the next couple of days. Ball first mentioned plans...
The Biden administration has allotted munitions and other critical equipment worth $200 million to aid Ukraine in its battle against Russia’s invasion. According to the Department of Defense, the additional security assistance package will include Patriot air defense systems and High Mobility Artillery Rocket Systems munitions. Biden has committed over $43 billion in security assistance to...
The Department of the Treasury has imposed sanctions on four members of the Russian elite and a Moscow-based business organization in relation to the ongoing war in Ukraine. The move will lead to the freezing of the sanctioned parties’ assets within the U.S., along with prohibiting all transactions involving their assets by U.S. individuals unless...
Ukraine and the United Kingdom have begun consultations on security guarantees, which Kyiv hopes to secure before the end of 2023. Andriy Yermak, Volodymyr Zelenskyy’s chief of staff, confirmed the consultations in televised comments on Friday. The Ukrainian government is pursuing security guarantees from global powers to ensure that Ukraine will receive adequate support to defend...
Army Gen. Paul Nakasone, chief of the National Security Agency, said Section 702, which is described in the intelligence community as one of the “crown jewels” of American spying, should be reauthorized. According to Nakasone, a seven-time Wash100 Award winner, Section 702 is the “most important authority” the IC uses daily. It saves lives and...
Israeli company Rafael Advanced Defense Systems has secured a multiyear contract to provide maintenance support for an unnamed Asian government customer’s naval operational systems. The contract has an estimated value of $27 million. Under the deal, the Tel Aviv-headquartered defense company will ensure that the customer’s Typhoon and Mini-Typhoon remotely controlled naval weapon stations are operating...
An Australian company manufacturing counter-drone technology is aiming to expand its presence in the Middle East. Oleg Vornik, CEO of DroneShield, told Breaking Defense that the company currently has contracts with government agencies from Saudi Arabia, Jordan and Kuwait. He added that the company will set up offices and manufacturing in the region once it...
The Italian government has signed a $928.6 million deal with CIO, an Iveco and Oto Melara consortium, to upgrade its fleet of aging Ariete tanks. Under the deal, CIO will replace the battle tanks’ engines with a new version that boasts 1,500 horsepower. The ground weapon system will also get new mine protection kits, modernized turrets, software-defined radios...
CAE has delivered the first Magnetic Anomaly Detection-Extended Role sensors to its long-time partner Mitsubishi Electric Corp. The Japanese company will install the system on board the Japan Maritime Self-Defense Force’s new P1 maritime patrol aircraft. According to CAE, the system is based on the MAD magnetometers the company supplies to navies around the world. It...
