Leonardo DRS said it will collaborate with Saudi Arabia to develop new aerospace and defense capabilities. The Italian company announced the partnership at the World Defence Show in Riyadh on Sunday. Under a memorandum of understanding signed by the two parties, the partnership will explore investment and collaboration opportunities in the kingdom’s supply chain and...
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Category: Investment Security
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L3Harris, Edge Open Abu Dhabi Service Center for Wescam MX Sensor
L3Harris Technologies said it has opened a new Wescam Authorized Service Center in Abu Dhabi in collaboration with the United Arab Emirates technology company Edge Group. The center will support users of the company’s Wescam MX reconnaissance, surveillance and target acquisition sensor system, such as the United Arab Emirates Armed Forces and other military units...
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Saab, MBDA Collaborate to Develop Advanced Anti-Tank, Air Defense Capabilities
Saab and MBDA have signed letters of intent to strengthen their collaboration in advancing anti-tank and air defense capabilities. The companies finalized the agreement on Wednesday to support a new strategic partnership that France and Sweden sealed the day before as part of French President Emmanuel Macron’s state visit to Sweden. The two countries identified...
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Westinghouse, Bechtel Gain Support for Nuclear Reactor Projects in Czechia
Westinghouse Electric and Bechtel will tap the Czech Republic’s nuclear industry capabilities to pursue their proposal to supply the Balkan country with up to four nuclear reactors. The American companies will draw support from the local industry base via an agreement signed with the Czech Power Industry Alliance in Washington on Wednesday, Westinghouse said. The CPIA,...
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DOD Bares New List of Chinese Military-Linked Companies
The Pentagon has updated its list of Chinese military-linked businesses with either direct or indirect operations in the United States. The list is compiled in accordance with Section 1260H of the National Defense Authorization Act for Fiscal Year 2021. The Department of Defense said Wednesday that the provision’s continuing implementation is important to counter China’s...
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US Sanctions Egyptian, Turkish Nationals for Providing Cybersecurity Training, Funding for ISIS
The United States has sanctioned two Egyptian nationals for allegedly providing cybersecurity training to members of the Islamic State of Iraq and Syria and facilitating funding efforts in support of the terrorist organization. In a press release, the Department of the Treasury’s Office of Foreign Assets Control named Mu’min Al-Mawji Mahmud Salim and Sarah Jamal Muhammad...
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US, South Korea to Advance Joint R&D Efforts on Quantum Technology
The United States and South Korea have agreed to expand their existing cooperation to advance research and development efforts on quantum computing. Officials from the U.S. National Institute of Standards and Technology and the Korea Research Institute of Standards and Science were in Boulder, Colorado, on Monday to sign a revised memorandum of understanding to...
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Rheinmetall Hungary Munitions Plant to Start IFV Ammo Production in 2024
Rheinmetall Hungary Munitions, a joint venture of the German automotive and arms manufacturer Rheinmetall and the Hungarian holding company N7, will begin manufacturing ammunition in 2024 at its new plant in Varpalota, Hungary, which is now in its second phase of construction. According to Rheinmetall, the plant’s completed first phase will produce 30 mm medium-caliber...
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Jacobs Names Andy White as Vice President, General Manager of International Nuclear Business
Andy White has assumed the role of vice president and general manager of energy, security and technology international at Jacobs. In his new role, he will oversee the company’s nuclear business in the United Kingdom, continental Europe, South Africa, the Middle East and Japan. “I am honored to take on this role at an exciting...
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US, UK Join Australia in Sanctioning Russia-Backed Medibank Hacker
The United States has joined Australia and the United Kingdom in imposing sanctions on Russian hacker Alexander Ermakov over his role in the ransomware attack against health care insurer Medibank. In 2022, Ermakov infiltrated the Medibank network and stole personally identifiable and sensitive health information of approximately 9.7 million former and current customers. The cyberactor...