The British Ministry of Defence has launched a $27.6 million fund to help small British startups enter the defense sector as the government seeks to expand access to contracts and accelerate the adoption of new technologies for the U.K. Armed Forces. The U.K. government said Wednesday that the program is seeking the “next defense unicorn”...
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Author: Kristen Smith (Kristen Smith)
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Hanwha Ocean, Babcock Canada Lay Out CPSP Sustainment, Delivery Plan
Hanwha Ocean and Babcock Canada are developing a Canadian Patrol Submarine Project proposal that emphasizes domestic sustainment, localized industrial participation and long-term workforce development. How Would Responsibilities Be Divided Under the Hanwha-Babcock Proposal? Hanwha Ocean said Monday that it would provide its KSS-III submarine platform and shipbuilding expertise, while Babcock Canada would contribute submarine sustainment...
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Australia Awards $12M in Defense Industry Grants to Boost Sovereign Manufacturing
The Australian government has awarded more than $11.6 million to 44 domestic companies as Canberra continues to invest in local manufacturing capacity tied to priority defense and AUKUS-related programs. How Much Funding Was Awarded Under the DIDG? The funding was distributed through the Defence Industry Development Grants program, which supports Australian defense suppliers across four...
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US, Slovakia Formalize Civil Nuclear Cooperation With New Intergovernmental Agreement
The United States and Slovakia have formalized a new civil nuclear partnership through the signing of an intergovernmental agreement to expand nuclear energy cooperation and support long-term energy security in Central Europe. U.S. Energy Secretary Chris Wright and Slovak Prime Minister Robert Fico signed the agreement, establishing a framework for collaboration on Slovakia’s civil nuclear...
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European Commission Endorses Initial $44B in SAFE Defense Financing for Eight Countries
The European Commission has approved the first set of national defense investment plans under the Security Action for Europe, or SAFE, clearing the way for initial loan disbursements aimed at accelerating military readiness across the bloc. The commission said Thursday that it has submitted a proposal to the European Council to authorize financial assistance for...
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ICEYE to Provide Sovereign SAR Capability to Sweden
ICEYE has secured a multi-year contract with the Swedish Defence Materiel Administration, or FMV, to deliver a sovereign space-based intelligence, surveillance and reconnaissance capability for the Swedish Armed Forces. The agreement aims to strengthen national defense and NATO-aligned situational awareness in Northern Europe and the Arctic, ICEYE said Monday. What Does ICEYE’s Agreement With Sweden...
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State Department Approves Proposed Hellfire Missile Sale to Denmark
The Department of State has approved a potential $45 million foreign military sale to Denmark for AGM-114R Hellfire missiles, with Lockheed Martin‘s missile and defense business unit named as the principal contractor. The Defense Security Cooperation Agency said Thursday that the proposed sale will improve Denmark’s capability to counter threats by enhancing interoperability with U.S....
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CGI Acquires Comarch Polska to Expand Public Sector Footprint in Poland
CGI has completed its acquisition of Comarch Polska, a Polish software and IT services company, bringing more than 460 IT and business consulting professionals into CGI’s operations in Poland. CGI said Monday that the transaction expands its presence in the country and the Baltic states, increasing the company’s regional workforce to approximately 1,500 employees and...
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Thales Awarded Potential $135M Contract to Deliver AI-Enabled Minehunting Command Centers for Royal Navy
Thales has secured a potential $135 million contract from Defence Equipment and Support, part of the U.K. Ministry of Defence, to design, develop and deliver portable autonomous command centers to support Royal Navy minehunting operations. The Royal Navy said Monday that the award supports its vision of becoming a hybrid navy by integrating artificial intelligence,...
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Saab Secures $71M Giraffe 1X Radar Order From Sweden
Saab has received a new radar order from the Swedish Defence Materiel Administration, or FMV, under a newly signed framework agreement covering the Giraffe 1X system. The initial call-off order is valued at $70.9 million and includes immediate deliveries of the Giraffe 1X in a Compact Radar Module configuration, Saab said Tuesday. The framework agreement...