Lockheed Martin plans to double the instructional capability of the F-16 pilot training center opened in November at the Romanian Air Force 86th Air Base to meet the demand from the United States and its allies. Frank St. John, chief operating officer at Lockheed, told Defense One that expanding the training facility, which graduated its...
Hanwha Defence Australia, a subsidiary of South Korean company Hanwha Aerospace, has inaugurated an armored vehicle manufacturing facility in Geelong, Victoria. The Hanwha Armoured Vehicle Centre of Excellence, or H-ACE, supports the production and sustainment of tracked armored vehicles through various facilities, including several assembly lines, a test track and obstacle course, a deep-water test...
Denver, Colorado-based Voyager Space will support the establishment of Spaceport Nova Scotia‘s launch support infrastructure as an owner-authorized representative. According to Maritime Launch Services, the developer of the spaceport in the east coast of Canada, it will tap the engineering, design and fabrication capabilities of Voyager’s Exploration Segment to establish the infrastructure. Jeffrey Manber, Voyager...
The European Commission, the European Union’s primary executive arm, has approved Germany’s plan to invest $5.6 billion in the European Semiconductor Manufacturing Company’s effort to build a microchip facility in Dresden. According to the EC, the large-scale manufacturing plant will produce high-performance chips based on 300 mm silicon wafers that improve performance while reducing total...
The United Kingdom’s Nuclear Decommissioning Authority has awarded $39 million in grants to develop new, safe and cost-effective nuclear decommissioning techniques. Seven consortiums who received the funding are studying three areas: supporting the academic research community to improve skills in the nuclear decommissioning sector, promoting research in radioactive waste management and decommissioning techniques, and igniting...
Data from the newly updated website of the Committee on Foreign Investment in the United States showed that the civil monetary penalties imposed by the interagency committee increased threefold in 2023 and 2024 compared to previous penalty actions it has enforced since its establishment. Each penalty action listed on the website contains detailed information describing...
Rheinmetall has bared plans to acquire Loc Performance, a Plymouth, Michigan-based manufacturer of components for military and civilian vehicles, to strengthen the German arms producer’s U.S. market presence. The company said the acquisition price will be based on Loc Performance’s enterprise value of $950 million. According to Rheinmetall CEO Armin Papperger, the move, subject to...
Northrop Grumman is securing from defense and aerospace communications company Genohco the hardware components for South Korea’s mine countermeasures helicopter program. The hardware supply, set through a recently signed memorandum of understanding between the two companies, supports Northrop’s 2023 contract with Korea Aerospace Industries to deliver airborne laser mine detection systems to South Korea’s KMCH...
Oracle has launched a second public cloud region in Saudi Arabia, part of the company’s $1.5 billion investment to help advance the kingdom’s cloud infrastructure and artificial intelligence-based economy. The Austin, Texas-based cloud services provider, which already operates a public cloud region in Jeddah, added the new center in Riyadh, with plans to set up...
The U.S. Department of Commerce and Korean chipmaker SK hynix have reached a preliminary agreement of up to $450 million in proposed federal incentives to support the company’s construction of an advanced packaging and research plant in Indiana. The new building at the Purdue Research Park in West Lafayette will house a production line capable...
