Latvia’s Ministry of Defence has awarded Diehl Defence a $649.7 million purchase order to acquire the IRIS-T SLM medium-range air defense system from the German manufacturer. A framework agreement signed by Latvia and Estonia with Diehl Defence in September supports the arms procurement, the company said. Under the deal, Latvia will also receive the equipment...
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...
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....
Google has launched the Digital Futures Project to support its objective of deploying the best artificial intelligence technologies in Europe. According to Kent Walker, president of global affairs at Google, the project underscores the company’s conviction that Europe has a big role to play in advancing the future of AI. Delivering his speech at the...
The Israeli Ministry of Defense has chosen Oshkosh Defense to provide the Israeli Defense Forces with Joint Light Tactical Vehicles. Oshkosh Defense President Tim Bleck said the award will support the IDF with a fleet of protected and mobile JLTVs. Under the agreement, the ministry purchased 75 Oskosh JLTVs through Foreign Military Sales and dozens...
QinetiQ is in exploratory discussions to explore new opportunities in the Korea Aerospace Industries’ aircraft program such as developing advanced data processing methods. QinetiQ said the collaborative effort will also study the application of its testing, trials, training and evaluation expertise to support the aerospace and defense company’s projects. According to KAI President Kang Goo-young,...
NATO’s Defence Innovation Accelerator for the North Atlantic has selected 44 companies to develop technology solutions that will help the security alliance address challenges on energy resilience, undersea sensing and surveillance, and secure information sharing. Following its Thursday announcement, the organization also called for mentors and experts to guide the first batch of innovators and...
Airbus Helicopters is advancing the multirole frigate chopper NH90 Sea Tiger to the qualification phase after the aircraft’s maiden flight at the company’s site in Donauworth, Germany. According to an Airbus press release issued on Thursday, Germany’s Bundeswehr ordered 31 NH90s in 2020 for the German Navy’s shipborne operations. Airbus earlier supplied 18 NH-90 Sea...
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....
Saab has received a $76.2 million contract to provide support services for South Korea’s Arthur mobile weapon locating systems. Signed with the South Korean Defense Acquisition Program Administration, the five-year deal also requires the Swedish defense company to deliver spare parts for Arthur. According to Carl-Johan Bergholm, head of surveillance business at Saab, the agreement...
