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Category: Investment Security

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Accenture Expands Into Maritime Sector Via Fincantieri JV

Global professional services company Accenture is expanding its footprint in Italy through a joint venture with Italian shipbuilder Fincantieri. The JV, Fincantieri Ingenium, is geared toward developing advanced digital capabilities in the cruise, naval defense and port infrastructure sectors. Initial development efforts include Navis Sapiens, a digital ecosystem for optimizing ships and onshore infrastructure operational...

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BAE Systems Workers Gain Lifelong Training Opportunities With New Glasgow Facility

British multinational BAE Systems hosted a ceremony to formally open the Applied Shipbuilding Academy in Glasgow, Scotland, with Princess Anne of the United Kingdom in attendance. The academy, which has been offering courses since September 2024, is designed to train the company’s workforce on the essentials of shipbuilding and other maritime-related topics. Participants get a...

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Saildrone to Open European Subsidiary Amid Growing Maritime Awareness Capability Demand

Maritime autonomy solutions provider Saildrone is set to establish its European subsidiary in Copenhagen, Denmark, amid growing demand for maritime domain awareness in the region. The announcement was made during the recent Maritime Industry Symposium in Washington, D.C. Salidrone Denmark aligns with the parent company’s commitment to supporting its customers in the region by providing...

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UK-Australia Partnership Seeks to Cut Weapons Development Cost

The U.K. Defence Science and Technology Laboratory and Australia’s Defence Science and Technology Group have agreed to synthesize their capabilities in modular technology to jointly develop advanced subsystems for weapons at reduced costs. Under the partnership, the two organizations will integrate Dstl’s Modular Weapons Testbed concept with the plug-and-launch modular technology of DSTG’s SHARKTOOTH small...

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US, Canada, ANZ Publish Joint Cybersecurity Guidance to Deter ‘Fast Flux’ Threat

The United States and three other countries have announced a joint cybersecurity advisory on a cyberthreat called “fast flux” that hides malicious actors by rapidly changing IP addresses. The National Security Agency partnered with the FBI, the Cybersecurity and Infrastructure Security Agency and the cybersecurity agencies of Canada, Australia and New Zealand to publish the...

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NVIDIA Sees Another Surge in AI Server Chip in China

Orders for NVIDIA’s H20 server chips from Chinese tech companies reached $16 billion in the first quarter of 2025, Reuters reported, citing an article from The Information. The orders, which include those from ByteDance, Alibaba and Tencent, come ahead of an anticipated potential U.S. ban. The H20 is the most advanced artificial intelligence chip still available to...

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Saab Expands EW Sensor Manufacturing Capability, Finland Presence With New Factory

Swedish defense firm Saab has inaugurated a new factory in Finland to mass-produce the Sirius Compact passive electronic warfare sensor. The facility has started large-batch manufacturing of the EW component, with customer deliveries expected to start within April. “Our product-focused research and development work enables efficient production and a product-driven business model. This enables fast...

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CFIUS Approves Cerebras Systems Shares Sale to UAE-Based AI Firm G42

Cerebras Systems, an American artificial intelligence chip developer, has received clearance from the Committee on Foreign Investment in the United States to sell shares to Group 42, Cerebras CEO and founder Andrew Feldman said. G42 is a Microsoft-backed AI company based in the United Arab Emirates. “We thank @POTUS for making America the best place...

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Brian Senior, Gretta Svendsen Join SAP Australia and New Zealand’s Leadership Team

Brian Senior and Gretta Svendsen have joined enterprise resource planning software provider SAP’s Australia and New Zealand leadership team. Senior is joining SAP ANZ as executive general manager for its Federal Government business. He has over two decades of experience in sovereign hyperscale cloud solutions across federal, state and education sectors. In the new role,...

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Databricks Upskills Australian State Workforce in AI

Databricks, a data and artificial intelligence company, has created a set of programs to upskill workers in Australia’s state government agencies amid the increasing adoption of AI-powered tools in the region. The programs will benefit more than 100 workers in Queensland and New South Wales, who will receive Databricks certification and accreditation after completing the...

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