Nokia will work with India’s Sterlite Technologies Ltd to develop and deploy advanced enterprise connectivity solutions. According to Vinish Bawa, head of enterprise and webscale business in India at Nokia, the collaborative effort will redefine enterprise connectivity in India. “This partnership with STL is aligned with our commitment to accelerate digital transformation across industries and...
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Category: Investment Security
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Saab Breaks Ground on New Carl-Gustaf Factory in India
Saab has conducted a groundbreaking ceremony on a manufacturing facility in India that will produce the Carl-Gustaf M4 multi-rocket shoulder-launched weapon for the Indian Armed Forces. The facility will feature the latest sighting technology and advanced carbon fiber winding, Saab said. The company will use materials from Indian suppliers in manufacturing the weapons in support...
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Foreign Military Sales of Joint Light Tactical Vehicles Increase in 2024, US Army Official Says
The U.S. military is seeing increasing demand for the Joint Light Tactical Vehicle from defense customers around the world, according to an official. Munira Tourner, product manager for systems integration at the U.S. Army’s Joint Program Office for Joint Light Tactical Vehicles, said her team is “knee deep” in facilitating JLTV foreign military sales. The...
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Leonardo, Bell Team Up on Next-Generation Rotorcraft Concept Study Proposal
Bell Textron has agreed to support Leonardo in developing a next-generation rotorcraft concept study proposal for NATO. In a press release, Leonardo said it signed a memorandum of understanding with Bell to study in which areas they can create opportunities to collaborate on tiltrotor technology. Lisa Atherton, president and CEO at Bell, said the companies...
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Lockheed Partners With Singaporean Agency for Enhanced F-16 Maintenance Support
Lockheed Martin and Singapore’s Defence Science and Technology Agency have agreed to create a new data pipeline infrastructure to enable smarter maintenance support for the Singapore Air Force’s F-16 fleet. The infrastructure will use digital technologies allowing both parties to exchange fleet and supply chain datasets and improve data analytics. Lockheed and DSTA expect the...
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Denmark Set to Upgrade CV90 Army Vehicles to Impove Operability
The Danish Ministry of Defence Acquisition and Logistics Organisation and BAE Systems have entered a framework agreement for the repair and maintenance of the Danish Army’s 44 CV90s to upgrade the infantry fighting vehicles’ operability. BAE Systems said the services, worth about $400 million, cover 15 years and include the supply of spare parts. Sweden-based...
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Leonardo to Collaborate With Singapore on Naval Technology Development
Leonardo has partnered with Singapore to explore further deployment of the Italian contractor’s naval gun and underwater technologies in the island nation. Leonardo’s website lists the76SR guns and Hitrole remote weapon stations among the company’s naval systems in the Singapore Navy service. It notes that the company has been partnering with the Singapore Armed Forces...
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Iveda Secures Third Supply Contract With Taiwanese Government Customer
An unnamed Taiwanese government agency has signed a contract for the supply of artificial intelligence-powered technology from Iveda, its third deal with the Mesa, Arizona-based cloud-based AI company in recent years. In its announcement on Monday, the company said the deal is worth $3.2 million and follows two orders for different technology applications, which were...
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US, Ukrainian Companies Unveil Accelerator Project to Support Defense Tech Startups
A group of companies based in Ukraine and the United States has launched Mits, an international accelerator project to support defense technology startups in Ukraine. According to Mits Capital, the initiative will link small tech companies with international partners to help them develop defense capabilities for immediate use by the Ukrainian military. Unveiled in Kyiv...
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UK Government Pledges $311M to Boost Ukraine’s Artillery Reserves
The United Kingdom has pledged about $310.6 million to strengthen its artillery supply chains in support of Ukraine. The U.K. Ministry of Defence said the new funding will be spent over the coming months to boost Kyiv’s artillery ammunition reserves. The funding package was announced to mark the second anniversary of Russia’s full-scale invasion of Ukraine...