South Korean conglomerate Hanwha Group’s bid to acquire a significant stake in shipbuilder Austal is currently being reviewed by Australia’s Foreign Investment Review Board, ChosunBiz reported. Under its acquisition plan, Hanwha seeks to purchase 19.9 percent of Austal shares. The potential transaction builds on the 9.91 percent equity the Korean company secured through an over-the-counter...
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Category: Australia
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US-Australia Missile MOU Opens Supply Chain to Aussie Firms
The Australian and U.S. governments have signed a memorandum of understanding on a cooperative production program for precision strike missiles, or PrSMs, enabling Australian companies to enter the supply chain. Join the Potomac Officers Club’s 2025 GovCon International Summit on Oct. 16 to explore how international partnerships, coalition warfare and cutting-edge technologies are transforming the...
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Leidos Appoints Hans Tench as Global AUKUS Lead
Leidos has named Hans Tench as its global lead for AUKUS. In a LinkedIn post on Wednesday, Leidos said Tench’s appointment will focus on enhancing the company’s support for the trilateral defense partnership between Australia, the United Kingdom and the United States. Tench will focus on key AUKUS Pillar 2 areas such as artificial intelligence...
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New Guidebooks Issued on Data and Network Security Platforms
The U.S. National Security Agency, the Cybersecurity and Infrastructure Security Agency and the FBI have authored new guidebooks with their allied counterparts for cybersecurity executives and network defenders on implementing platforms for SIEM/SOAR, short for security information and event management/security orchestration, automation and response. SIEM tools gather and correlate log data to enable network defenders...
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Thyssenkrupp Marine Systems, Saab Australia to Collaborate on MEKO-200 Frigate Platform
Germany-based thyssenkrupp Marine Systems has signed a deal with Saab Australia to explore opportunities for collaboration on the MEKO A-200 frigate platform, continuing thyssenkrupp’s commitment to support partner nations in developing, maintaining and upgrading naval vessels. Under a memorandum of understanding signed recently at the German consulate in Sydney, New South Wales, the two companies...
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New Zealand Launches AI Training Programs for Public Sector
The New Zealand government has launched two new artificial intelligence training programs to enhance productivity across the public sector. The ongoing initiatives are led by the Government Chief Digital Officer and the Public Service Commission’s Leadership Development Centre. A three-part AI Masterclass series is now available to senior leaders, focusing on core AI concepts and...
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US, Allied Nations Issue Advisory on Russia-Sponsored Cyberattack Targeting Ukraine-Related Operations
The U.S. National Security Agency has issued a joint cybersecurity advisory with counterparts from allied nations highlighting a Russia-backed cyberattack operation targeting government and commercial entities in the West. According to the CSA, Russia’s General Staff Main Intelligence Directorate 85th Main Special Service Center is leading cyber espionage efforts on the defense, transportation and IT...
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Jacobs to Oversee Australia’s Electricity, Telecommunications Interconnector Project
U.S. engineering, technical and construction services provider Jacobs is joining Australia’s Marinus Link energy project development. The Marinus Link is an undersea and underground high-voltage direct current electricity and data interconnector that would ensure a reliable supply for residents of Tasmania and Victoria. The deal was formalized by an agreement signed by Marinus Link Pty Ltd...
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US Navy’s Richard Seif to Lead AUKUS Integration and Acquisition Office
Rear Adm. Richard Seif has assumed command of the U.S. Navy’s AUKUS Integration and Acquisition Direct Reporting Program Management Office as of April 21, according to Naval Sea Systems Command. Seif most recently led the Submarine Force of the U.S. Pacific Fleet and Task Force-34 in Pearl Harbor. A 1992 graduate of the U.S. Naval...
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NZ Space, Advanced Aviation Industries Boost National Economy
New Zealand’s economy was injected with over $1.47 billion from the space and advanced aviation industries in fiscal year 2023-2024, according to a Deloitte/Space report. Released Friday by Space Minister Judith Collins, the “TrailBlazer Innovation for Growth, Charting the Space and Advanced Aviation Sectors” report disclosed a total of $285.4 million that came from the...