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Category: Investment Security

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D-Fend Solutions Appoints New Members to Top Leadership

Technology company D-Fend Solutions, has named Uri Nisani and Pini Gvili as new members of the leadership team as it looks to expand operations and strengthen product development. “As global demand for advanced counter-drone solutions accelerates and as D-Fend continues to lead and expand its market presence, scaling our innovation and operations has become more...

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Hanwha Bid for Greater Austal Shares Under FIRB, CFIUS Review

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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Edge Autonomy to Boost UAV Production in Latvia

Edge Autonomy said it will nearly double its manufacturing capacity for uncrewed aircraft systems in Latvia with the expansion of its facility in the capital, Riga. In addition to UAS, the facility is also equipped to manufacture advanced optics for intelligence, surveillance, and reconnaissance. Learn more about advancing aerial military technologies and capabilities from the...

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Leonardo Names New VP of Helicopter Unit’s Market Development

Leonardo Helicopters has named Adam Wardrope as vice president of market development. The executive announced the appointment via LinkedIn on Saturday. Wardrope most recently served as Leonardo’s head of strategic engagement and campaigns, working from London, England, to manage the company’s relations with key defense stakeholders, government agencies and other related entities in the United...

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Former MI5 Chief Joins Vertical Aerospace Board

Vertical Aerospace has appointed Andrew Parker as the latest member of its board of directors, effective June 2. Parker brings years of national security and intelligence expertise to his new role, strengthening the British aerospace and technology company’s presence in the defense and national security segments. Parker was director general of MI5 from 2013 to...

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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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Helen Simms Joins Amentum as VP for International Technology, Innovation

Amentum has announced the appointment of Helen Simms as vice president for international technology and innovation, succeeding Greg Willetts. Simms is bringing over her years of experience and expertise to drive the company’s growth in the energy, defense and space markets. “I am excited to leverage my experience and passion for technology to drive innovation...

MITRE force mix analysis report
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MITRE Analysis Suggests Quick-Response NATO Warfighting Systems to Gain Overmatch Against Russia

Nonprofit research company MITRE has published the NATO Force Mix Analysis report, which recommends measures for the alliance to achieve overmatch against Russia by 2027.  The report, titled “NATO 2027: European Leadership Will Be Key to Deterrence Against Russia,” was initiated to support a shift from a national-focused defense posture to alliance-wide thinking to address...

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Anduril-Led Team Eyes UK eVTOL Aircraft Opportunities

Anduril Industries UK is expanding its partnership with aerospace company Archer on electric vertical takeoff and landing aircraft, adding Skyports Drone Services and AtkinsRéalis to the team. The group will search for opportunities on U.K. civilian and defense applications for Archer’s Midnight eVTOL aircraft. Anduril will lead as the aircraft’s software integrator for mission autonomy,...

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ICEYE-Safran Partnership Seeks to Boost on GEOINT Services

ICEYE is integrating artificial intelligence in the imagery analytics of its synthetic aperture radar constellation under a long-term partnership with Safran.AI. The collaboration seeks to improve geospatial intelligence services that enable faster and more accurate decision-making by customers, including governments and the intelligence community, the companies said in a joint statement Monday. They added that...

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