Kepler Communications will receive a $14 million investment from the Canadian government to support the development of its $203 million high-speed data relay constellation, Aether. The satellite network will use optical intersatellite link laser technology to reduce the time needed to transmit data between space assets and ground stations. According to François-Philippe Champagne, minister of...
Category: Investment Security
Rheinmetall, Leonardo to Jointly Manufacture Tanks for Italian Army
German arms manufacturer Rheinmetall and Italian defense company Leonardo have formed Leonardo Rheinmetall Military Vehicles, a 50:50 joint venture initially focused on producing a new main battle tank and an armored infantry combat system for the Italian Army. The LRMV partnership ultimately aims to build a new European manufacturing center for military combat vehicles for...
BAE Systems Names Serco Exec as New Investor Relations Director
GovConExec, your one-stop source for government contracting news and analysis. We strive to provide the latest news and insights to help you stay informed and make informed decisions. If you work in the online gaming industry, you are probably interested in new, secure, and efficient ways to manage transactions. This is where innovation meets need,...
NewSpace Capital Appoints Former Space Command Official, SES Exec to Advisory Board
Global private equity firm NewSpace Capital has appointed John E. Shaw and Ruy Pinto to its industry advisory board. Shaw is a retired lieutenant general who previously served as deputy commander of the U.S. Space Command from 2020 to 2023 and first commander of the U.S. Space Force’s Space Operations Command. He graduated from the...
Lockheed Martin New Zealand Appoints New Strategy, Business Development Managing Director
Reitred Air Marshal Kevin Short has joined Lockheed Martin New Zealand as managing director of strategy and business development, succeeding Graham Lintott starting November. He will be reporting to Lockheed Martin Australia and New Zealand CEO Warren McDonald, himself scheduled to step down in three months. “[Short] brings a wealth of experience and deep understanding...
Anduril Plans to Set Up Solid Rocket Motor Production Facility in Australia
Anduril Australia is preparing for a potential contract solicitation to establish a production facility for solid rocket motors, short for SRMs, as the Australian government builds the domestic capability to manufacture guided weapons and explosive ordnance, Breaking Defense reported. Canberra recently released a request for information to identify industry players capable of producing SRM locally....
Jacobs to Deliver Engineering Support for CG Semi’s Upcoming India Semiconductor Facility
Jacobs will provide engineering design support services for CG Semi’s new outsourced semiconductor assembly and test facility in India. CG Semi is a joint venture between CG Power and Industrial Solutions, Renesas Electronics America and Stars Microelectronics Thailand. According to a deal announced Thursday, the American contractor will be the engineering, procurement and construction services...
Systecon Group Appoints Anders Carlsson as Interim CEO
Swedish consulting and software company Systecon Group has named Anders Carlsson as interim CEO. Carlsson, who is stepping into the role following the departure of Dan Andersson, is currently serving as a member of the group’s board of directors, a position he assumed in May. Prior to that appointment, he was with Systecon Konsult AB...
Hanwha Aerospace, WB Group Joint Venture to Produce Missiles in Poland
South Korean aircraft engine manufacturer Hanwha Aerospace will form a joint venture with Polish aeronautics firm WB Group to deliver CGR-080 missiles for Poland’s HOMAR-K artillery systems. The two defense contractors sealed the joint venture through an executive agreement signed by Hanwha Aerospace CEO Son Jae-il and WB Group President Piotr Wojciechowski on the first...
Xage Security Boosts Global Expansion Goal in Two New Executive Appointments
Zero trust cybersecurity company Xage Security has named Russell McGuire its global chief revenue officer and Ashraf Daqqa its vice president for the Middle East, Turkey, and Africa. The new appointments affirm the Palo Alto, California-based technology company’s goal of broadening its market abroad, Xage said in a statement Monday. Commenting on the new appointments,...










