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Category: Investment Security

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US Sanctions Greece-Based Intellexa Consortium Members Over Predator Spyware

The United States has imposed sanctions over the Predator spyware used to target journalists and government officials.  On Tuesday, the Department of the Treasury’s Office of Foreign Assets announced that two individuals and five entities associated with Intellexa Consortium, a Greece-based software vendor known for selling spyware and surveillance tools. Predator is a suite of...

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Fortinet to Offer Free Cyber Training Through European Commission Academy

Fortinet will support the European Commission’s goal to close the cybersecurity skills gap with free cybersecurity training. The Fortinet Network Security Expert Certification program will be offered to up to 75,000 people in Europe through the EC’s Cybersecurity Skills Academy over the next three years. Fortinet said the program will increase access to cybersecurity awareness...

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Leidos Names Simon Hutchings as UK-Europe Logistics Managing Director

Reston, Virginia-based tech innovation company Leidos has appointed Simon Hutchings as vice president of its Logistics & Mission Support Division in the United Kingdom and Europe. Before his appointment, Hutchings served as Leidos UK’s director for strategy. Leidos said Hutchings, a retired British Army major general, takes the role of managing director for the Logistics...

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Bechtel Partners With Polish University to Shape Nuclear Power Workforce

Bechtel and Warsaw University of Technology have agreed to cooperate in developing a curriculum for students and professionals interested in joining Poland’s nuclear power workforce. The Polish government announced its plan to build its first nuclear power plant in Pomerania in November 2022. Bechtel, together with Westinghouse Electric and Polish utility Polskie Elektrownie Jadrowe, was...

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Nokia, STL to Develop Advanced Connectivity Solutions for Enterprise Customers

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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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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