IBM has signed agreements with the Canadian and Quebec governments to expand its chip packaging capacity in Canada. The tech company said the deals represent a total investment of $137 million in the country’s semiconductor industry. According to Dario Gil, senior vice president and research director at IBM, the partnership intends to build a stronger...
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KBR Wins $85M Australian Navy Contract on Ship Life Cycle Management
Science, engineering and technology company KBR has been awarded an $85 million contract as capability life cycle manager for the Royal Australian Navy’s amphibious and replenishment vessels at Garden Island, off Western Australia’s southwest coast, the Australian Department of Defence announced Friday. KBR’s tasks include maintaining the RAN’s Canberra-class landing helicopter docks, supply-class auxiliary oilers, and the...
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US Treasury Sanctions Iran-Affiliated Company Supplying Drones to Russia
Sahara Thunder, a company identified as a front for Iran’s Ministry of Defense and Armed Forces Logistics, faces sanctions in the United States for facilitating the design, development, manufacture and sale of drones in support of Russia’s war in Europe. According to the Department of the Treasury’s Office of Foreign Assets Control, the Russian government...
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Northrop Grumman CEO Sees Growth Opportunities as Demand for Weapons Increase Globally
Northrop Grumman expects multibillion-dollar sales driven by the increased global demand for weapons. During a recent earnings call, Kathy Warden, the defense company’s CEO, told investors that international sales are likely to grow at a faster rate compared to business within the United States. She said the demand in foreign markets for defense products and...
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QinetiQ Test Pairs Crewed Aircraft with Autonomous Jet Drone in First UK Demo; Alan Hart Quoted
Defense technology company QinetiQ said it has completed the first demonstration in the United Kingdom of a team-up between a manned jet plane and an autonomous jet drone. The test involved a QinetiQ jet aircraft, which flew from the U.K. Ministry of Defence’s Boscombe Down site in Salisbury, and a modified Banshee Jet 80 drone...
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UAE Receives Delivery of Fouth GlobalEye AEW&C Aircraft From Saab
The United Arab Emirates has accepted delivery of its latest GlobalEye airborne early warning and control aircraft from Saab. The Swedish defense contractor shipped the advanced AEW&C aircraft on April 18, marking the fourth GlobalEye delivery in a span of four years. The company completed its commitment to supply the UAE’s first three AEW&C solutions...
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US Approves Poland’s $1.27B Anti-Radar Missile Purchase Request
The United States has approved the proposed sale of 360 missiles to Poland. According to the Department of State, Warsaw requested to purchase Advanced Anti-Radiation Guided Missile Extended Range units and related equipment. The proposed foreign military sale is estimated at $1.27 billion. Northrop Grumman will serve as the principal contractor of the FMS. The AARGM-ER air-to-ground...
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Ukraine, Israel, Taiwan to Receive US Security, Humanitarian Assistance Under New Law
President Joe Biden has signed a bill into law providing seven federal agencies with additional funding to deliver assistance to Ukraine, Israel and Taiwan. The legislation also authorizes the president to transfer defense articles and services from the Department of Defense to foreign countries or international organizations and enables the implementation of sanctions against foreign...
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Saab Seals Swedish Government Deal to Advance Development of Gripen Fighter; Lars Tossman Quoted
Saab will continue working with the Swedish government to further develop the Gripen aircraft for the country’s military needs. The aerospace company secured a $49.8 million order from the Swedish Defence Materiel Administration to advance the platform’s capabilities. The agreement will benefit both the Swedish Armed Forces and international users of the fighter jet, Saab...
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Treasury Designates Companies, Individuals Supporting Iranian Cyberattacks on US Entities; Brian Nelson Quoted
The Department of the Treasury’s Office of Foreign Assets Control has imposed sanctions on two companies and four individuals linked to Iran-backed cyber operations that targeted a dozen U.S. companies and government entities. The designated companies and individuals are Iranian Islamic Revolutionary Guard Corps Cyber Electronic Command front company Mehrsam Andisheh Saz Nik; IRGC-CEC-affiliated cyber...