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Category: Investment Security

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Teledyne FLIR Enhances Repair Capability of Partner Service Center in Turkey

Teledyne FLIR Defense has upgraded its Turkey-based partner service center, which performs maintenance and repair services for the company’s surveillance and imaging systems. Periter Arastirma ve Teknoloji, the U.S. company’s Turkish partner, runs the facility and supports Teledyne FLIR’s government and semi-government customers. Stan Crawford, senior director for Teledyne FLIR’s Middle East, Central Asia and...

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UK to Open California Office to Advance AI Collaboration With US Experts; Michelle Donelan Quoted

The United Kingdom will soon open an office for safe artificial intelligence development in California to promote further collaboration with the United States. The center will conduct joint evaluations of models to inform international AI safety policy. In a statement released on Monday, U.K. Secretary of State for Science and Technology Michelle Donelan said the...

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ThayerMahan, Ocius to Develop Autonomous Undersea Warfare Capability for AUKUS Countries

ThayerMahan and Ocius Technology are combining their expertise to develop an autonomous undersea warfare capability for AUKUS countries, consisting of Australia, the United Kingdom and the United States. The two companies signed an agreement to install ThayerMahan’s Outpost passive acoustic maritime surveillance system on Ocius’ Bluebottle unmanned surface vessel. The collaborative effort will create uncrewed...

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HII to Support South Australia’s Preparation for AUKUS Shipbuilding Projects; Michael Lempke Quoted

South Australian Premier Peter Malinauskas toured HII’s Virginia operations on Friday to support the AUKUS trilateral partnership of Australia, the United Kingdom and the United States. Malinauskas visited the U.S. company’s Newport News Shipbuilding site to advance his government’s deal with HII to prepare South Australia for big shipbuilding projects under AUKUS. A memorandum of...

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Axient Opens Dutch Subsidiary’s New International Office in Netherlands’ Innovation Center

Axient has established a new subsidiary and opened a new office in the Netherlands to better serve its customers in Europe.  On Thursday, company executives celebrated the milestone with Dutch government leaders and industry representatives.   The American defense technology provider first announced its Dutch subsidiary, Axient Systems, in April. It marks the first time the company...

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Report: Six US Tech Companies Part of NATO’s Initial Accelerator Program

The first cohort of NATO’s Defense Innovation Accelerator for the North Atlantic includes six U.S. tech companies, a senior official of the security alliance confirmed. Citing unpublished NATO documents it obtained, DefenseScoop reported that the six are among the 44 companies selected for the effort. Four of the U.S. companies were selected for DIANA’s undersea...

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MBDA Secures Deal to Support Europe’s $152M Hypersonic Interceptor Program

MBDA has signed an agreement with the Organization for Joint Armament Cooperation to provide research and development support for the $152 million Hypersonic Defense Interceptor System program. The deal launches a three-year concept phase to explore and create an effective counter-hypersonic and anti-ballistic concept to address emerging and complex threats. Under the agreement, MBDA will...

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Fluor Expands in India to Beef Up Global Operations Support; Dan Spinks Quoted

Global engineering and construction company Fluor has inaugurated its second office in India to enhance support for its projects worldwide. Located at Notus IT Park in Vadodara, western India, the new office adds about 300 employees to the Texas-headquartered company’s workforce. “Fluor’s expansion into Vadodara underscores our commitment to India, allowing us to grow our...

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IBM, Honda Eye Joint R&D on Advanced Semiconductor Processes

Honda Motor and IBM are planning a long-term collaboration on research and development for advanced semiconductor processes, such as brain-like computing and technologies for lower-cost, high-performing chiplets, to support the production of software-defined vehicles.  The companies outlined their plan in a memorandum of understanding that they jointly announced on Tuesday. According to the announcement, the...

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Redwire Bares VLEO Satellite Assembly in Belgium; Peter Cannito Quoted

Space infrastructure developer Redwire is building a very low Earth Orbit satellite at its facility in Belgium using a design it plans to develop by participating in the European Space Agency’s Skimsat VLEO mission. Called Phantom, the new spacecraft will be built for wide-ranging space missions, including intelligence and Earth science, the Jacksonville, Florida-based company...

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