Rheinmetall is investing $68 million in a new production facility in Szeged, Hungary. According to Christoph Mueller, CEO of Rheinmetall Power Systems, the site will expand the company’s presence in the country, noting that it already has operational plants in Budapest, Zalaegerszeg and Varpalota. “We are delighted to further expand our presence in Hungary, one...
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Author: Kristen Smith (Kristen Smith)
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Australian Space Startup Hypersonix Names Arthur Sinodinos as Board Chair
Australian space startup Hypersonix Launch Systems has appointed Arthur Sinodinos as board chair, replacing David Waterhouse, who now assumes the deputy chair role. Sinodinos, who co-chairs the AUKUS Forum, formerly served as a senator for New South Wales and Australia’s ambassador to the United States from February 2020 to March 2023. He also held other...
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Raytheon Appoints Doug Stevenson as Europe/NATO Requirements, Capabilities VP
RTX business Raytheon has promoted Doug Stevenson to vice president for Europe and NATO requirements and capabilities. His responsibilities include facilitating business development and growth across Raytheon’s mission areas in the region; leading a team managing customer engagements and relationships with senior government and military leaders, U.S. European Command, and NATO headquarters and its agencies;...
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Austal Drops Hanwha Ocean’s Acquisition Proposal
Austal, a global shipbuilding company and defense prime contractor based in Australia, has rejected a $2.82-per-share acquisition offer from Hanwha Ocean. According to Austal, it considered the proposal with its advisers and concluded that Hanwha may encounter difficulties securing regulatory approvals as part of the acquisition process. In a press release, Austal explained that the...
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US, UK Sign Agreement to Collaborate on AI Safety Testing; Gina Raimondo Quoted
Artificial intelligence safety institutes in the United States and the United Kingdom will work together to develop tests designed to mitigate safety risks associated with AI models, systems and agents, including those related to national security. The partnership was established with the signing of a memorandum of agreement on Monday by U.S. Commerce Secretary Gina...
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Royal Air Force Unveils Autonomous Collaborative Platforms Strategy
The U.K. Royal Air Force has released a new strategy aiming to speed up the adoption of disposable, attritable and survivable autonomous collaborative platforms. One goal of the RAF Autonomous Collaborative Platforms strategy is to integrate the three ACP tiers into the service’s force structure by 2030 and deploy them along with crewed platforms as...
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Australia Passes Bill Eliminating Licensing Requirements for AUKUS Tech Transfers; Richard Marles Quoted
Australia has removed the requirement for the local defense industry to secure export licenses for delivering technology and information to the United Kingdom and the United States. The Australian Parliament on Wednesday passed the Defence Trade Controls Amendment Act 2024, which amends the Defence Trade Controls Act 2012, to reduce technology transfer, collaboration, research and...
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Kongsberg Defence & Aerospace Appoints Lena Mariann Ulveraker as Naval Systems VP
Kongsberg Defence & Aerospace has promoted Lena Mariann Ulveraker to vice president for naval systems. Ulveraker, previously the Kongsberg business unit’s director for naval programs, announced the appointment in a LinkedIn post. The executive joined Kongsberg’s maritime business in January 2019 as a project manager for oil and gas delivery projects. She also held other...
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NATO Procures $65M Carl-Gustaf M4 Weapons From Saab
The NATO Support and Procurement Agency has awarded Saab a $65.14 million order for Carl-Gustaf M4 multi-rocket shoulder-launched weapon systems. The NSPA placed the order for four NATO member nations, with delivery expected to be completed by 2027. “We are honored that the NSPA once again has chosen our trusted, reliable and effective Carl-Gustaf system,”...
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Ultra I&C’s New Cyber Centre of Excellence to Support UK CyberFirst Program; Richard Dingley Quoted
Ultra Intelligence & Communications has expanded its operations in the United Kingdom with the opening of a flagship facility in Maidenhead. The Cyber Centre of Excellence facility will provide jobs for 250 engineers and support the U.K. National Cyber Security Centre’s CyberFirst program designed to encourage talented students to build a careers in the cybersecurity...