Germany is preparing to acquire 424 wheeled armored vehicles for the Bundeswehr in a procurement valued at about $8.1 billion, based on finance ministry documents cited by Reuters. The Bundestag’s budget committee is expected to review and approve the package in the coming days. The acquisition will be split into two major contracts. Reuters reported...
Category: Investment Security
Italy Approves $52.4B Defense Budget, Meeting NATO’s 2% Spending Target
Italy has approved $52.4 billion in total defense expenditures for 2025, setting the stage for new contract opportunities as Rome accelerates modernization and procurement investments. The Ministry of Defence’s long-awaited budget shows a 7.2 percent increase from 2024’s allocation of just over $33.5 billion, with spending levels expected to hold steady through 2027. The higher...
BAE, PragoData Partner to Advance Czech Military Readiness
BAE Systems has partnered with Czech IT company PragoData to strengthen integrated product support capabilities in the Czech Republic’s defense sector. BAE said the collaboration, combining its global expertise in integrated product support with PragoData’s local consulting experience, will aim to modernize Czechia’s defense support infrastructure and improve operational efficiency across its armed forces. Under...
Hensoldt Scales Up: New Site to Accelerate Air Defense Radar Deliveries
German sensor solutions company Hensoldt is set to build a production site near Ulm to accelerate its delivery of air and drone defense radars amid rising demand from customers. The company said it has signed a lease for an external industrial hall that will be converted into a dedicated radar manufacturing facility and will invest a...
Canada Creates Defence Investment Agency to Streamline Military Procurement
Canada has established a new Defence Investment Agency to centralize and accelerate procurement for the Canadian Armed Forces. The agency will also align defense spending with domestic industrial benefits, such as job creation and innovation in aerospace, shipbuilding and advanced manufacturing. By streamlining approvals and engaging early with industry, DIA aims to reduce procurement delays...
OpenAI Partners With Japan to Develop AI Solutions for Public Sector
OpenAI has entered into a strategic collaboration with Japan’s Digital Agency to explore how generative artificial intelligence can improve public services. As part of the effort, the agency will roll out Gennai, a new tool powered by OpenAI technology, to government employees to test innovative service delivery applications. The move builds on earlier cooperation between...
Corry Neales Takes Over as QinetiQ Australia Chief Executive
Corry Neale has joined QinetiQ as the chief executive of its Australian business. In this new role, she will lead the company’s operations in Australia, managing approximately 800 employees across 10 sites. The team provides defense and security products that use local expertise alongside QinetiQ’s global capabilities. “I’m grateful for the opportunity to lead a...
Kuwait Extends Leonardo In-Service Support for Eurofighter Fleet
Leonardo will continue supporting the Kuwait Air Force’s Eurofighter fleet after the country’s Ministry of Defense exercised a multi-year in-service support extension lasting until December 2029. The deal covers logistics, training and other sustainment services. Support will be delivered through Leonardo Aviation Services, a Kuwaiti company, providing engineering support; maintenance, repair, overhaul and upgrade; and...
Safran Partners With Rheinmetall to Streamline Advanced Defense Tech Offerings
Safran Electronics & Defense has signed a new framework agreement with Rheinmetall Electronics to expand collaboration on defense technologies and streamline procurement and simplify logistics and administration processes. The agreement, signed at DSEI 2025 in London, will see the two companies pool resources to offer advanced technologies, including atomic clock timeservers and navigation systems for...
Deloitte, SaskTel Partner to Build Sovereign AI Infrastructure in Canada
Deloitte Canada and SaskTel have formed a strategic alliance to accelerate the development and deployment of artificial intelligence across the country. Announced on Tuesday, the partnership focuses on enhancing Canada’s sovereign AI infrastructure and fostering the creation of new intellectual property. A key component of their initiative is establishing an “AI factory” in Saskatchewan, which...










