Oracle will invest $5 billion in cloud infrastructure in the United Kingdom over the next five years to meet the growing demand for its services and support London’s artificial intelligence goals. According to the firm, the expansion will assist public and private organizations across various industries in migrating workloads to the cloud, modernizing applications and...
Kongsberg Defence & Aerospace has launched its first satellite, ARVAKER 1 N3X, from Vandenberg Space Force Base in California aboard a SpaceX Transporter 13 mission. This marks the first of three microsatellites that will make up Kongsberg’s N3X constellation. “Kongsberg has been active in the space segment for decades, delivering high-end technology and solutions, but...
Undersea warfare systems provider Ultra Maritime has secured a $62.3 million contract from Lockheed Martin Canada to deliver three shipsets of Surface Ship Torpedo Defense for the Royal Canadian Navy’s River-class destroyer, or RCD, program. John Gallagher, vice president and general manager of Ultra Maritime Canada, said the company is honored to lend its expertise...
Hensoldt, a Germany-based global defense and security applications company, is looking to help develop European aerospace and defense startups through a collaborative agreement with TUM Venture Labs. TUM Venture Labs is a joint effort of the Technical University of Munich and its affiliate entrepreneurship center, UnternehmerTUM. As a partner, Hensoldt said it intends to provide...
Sweden said it has allocated $295 million to the Swedish Defence Materiel Administration, boosting the defense aid it extends to Ukraine. According to the Ministry of Defence, the 18th military package covers the delivery of 18 ARCHER artillery units and five Arthur counter-battery fire radar units and financial support to improve the Ukrainian defense industry....
French multinational Thales’ U.K. subsidiary has delivered the first of several autonomous mine-hunting systems to the Royal Navy under a $239.3 million contract with the United Kingdom’s Ministry of Defence. The deal also forms part of a $468.2 million joint U.K.-France initiative managed by the Organisation for Joint Armament Co-operation. Delivered under the Defence Equipment...
Rachel Reeves, the United Kingdom’s chancellor of the exchequer, has unveiled a $2.6 billion boost to UK Export Finance’s Direct Lending program, which will support efforts to improve the nation’s defense exports. According to a statement from His Majesty’s Treasury issued Friday, UKEF, with $13 billion in total funding, will help the country’s defense sector...
The U.S. Space Command recently hosted Adm. Giuseppe Cavo Dragone, chair of the NATO Military Committee, and other NATO representatives at its headquarters at Peterson Space Force Base to strengthen the alliance’s understanding of and enhance cooperation in space. During their March 6 visit, the NATO delegates received briefings on the command’s mission and operational...
Damen Naval has awarded BAE Systems a contract to provide a Bofors 40 Mk4 naval gun system for the Colombian Navy’s new Plataforma Estratégica de Superficie frigate. The British defense firm said the gun system will be used for both anti-aircraft and anti-surface operations. The system uses programmable 40 mm Bofors 3P ammunition, which can...
Saab and Ukrainian defense company Radionix have signed a memorandum of understanding to collaborate on sensors and defense electronics, aiming to boost Kyiv’s defense capabilities. The partnership will concentrate on the development and maintenance of sensors and defense electronics across all domains, leveraging Radionix’s expertise in radar and optical targeting equipment and Saab’s defense industry...
