CAE has appointed Matthew Bromberg as its next president and CEO, effective Aug. 13. The executive, who is expected to join the company on June 16, will work alongside outgoing chief Marc Parent during a transitional period ahead of the firm’s annual shareholder meeting. The company said Bromberg will also be nominated for election to...
Hello, Guest!
Category: FOCI
Post
CAE, Saab Partner on Training Solutions for Canada’s Submarine Fleet
CAE and Saab have signed a memorandum of understanding to jointly develop training and simulation capabilities for the Canadian Patrol Submarine Project. The agreement aims to ensure that Royal Canadian Navy crews are prepared to operate and maintain the country’s future submarine fleet using advanced training tools. France Hébert, president of CAE’s defense and security...
Post
Elbit Systems Secures $330M in Combined Contracts to Deliver Advanced Naval Technologies
Israel-based military technology solutions provider Elbit Systems has secured new contracts with a combined value of $330 million to equip international customers with advanced naval technologies and platforms. The deals cover orders for electronic warfare solutions, anti-submarine warfare systems and combat management technologies. Apart from supplying major defense equipment, Elbit is also set to provide...
Post
Saab Books FMV Contract Under $166M Swedish Navy Corvette Modernization Program
Saab will install MBDA’s Sea Ceptor air defense system in the Swedish Navy’s five Visby-class corvettes under a contract award from the Swedish Defence Materiel Administration. The company said the contract is part of a modernization program worth about $166 million that the acquisition agency has initiated for the warships. Register now to participate in...
Post
Nokia, Rheinmetall Business Partner to Develop Tactical Networks in Germany
Nokia has signed a memorandum of understanding with blackned GmbH to co-develop advanced deployable tactical networks to provide secure and high-performance connectivity on the battlefield. The collaboration combines its 5G tactical communications technology with blackned’s defense-focused digital platforms to build modular communication systems tailored to Germany’s armed forces and adaptable for use in other countries....
Post
BAE Systems, Iveco Defence Partner on Armored Vehicle Production for Italy
BAE Systems Hägglunds and Iveco Defence Vehicles have signed a memorandum of understanding to jointly develop and manufacture the BvS10 all-terrain vehicle for the Italian market. The partnership aims to localize design and production to meet the country’s defense requirements. BAE Systems Hägglunds General Manager Tommy Gustafsson-Rask said the partnership will leverage the two companies’...
Post
UK, QinetiQ Extend Test, Evaluation Contract Under $2.1B Deal
The United Kingdom has extended its long-term partnering agreement with QinetiQ for five more years under a new $2.1 billion deal to modernize the Ministry of Defence’s test and evaluation infrastructure for next-generation warfare. Announced Tuesday, the contract amendment continues the LTPA through 2033 and includes a separate order worth $223.9 million to support current...
Post
Capgemini Study Sees Data, Trust as Barriers to Public Sector’s AI Use
Data and trust concerns on artificial intelligence are the main barriers to the technology’s widespread use for public sector functions globally, according to a new Capgemini Research Institute report. The study showed that 79 percent of public sector executives in countries across North America, Europe, Asia Pacific and the Middle East are wary about AI’s...
Post
UK’s Airbus-Built Skynet Satellite Reaches Key Integration Milestone
Airbus has completed coupling the communications and service modules for Skynet 6A, marking progress in developing the United Kingdom’s next-generation military communications satellite. The assembly was completed at the National Satellite Test Facility in Harwell, Oxfordshire, operated by the Science and Technology Facilities Council’s RAL Space. According to Airbus, Skynet 6A, built at the company’s...
Post
Elbit Systems Promotes Shay Avinu to Strategic Procurement & Subcontracting VP
Israeli defense company Elbit Systems has promoted Shay Avinu, head of its strategic procurement and subcontracting unit, to vice president. Avinu, who shared his promotion on LinkedIn, has worked with Elbit for over 17 years, previously holding leadership positions in program management and business development. He joined the company 2008 as a product manager and subsequently...