Saab has acquired Deform, the Swedish shipbuilding metal fabricator, in a move to strengthen the supply chain for Sweden’s defense sector. Founded in 1907, Deform specializes in the hot and cold fabrication of various metallic materials. The company focuses on pressure vessels, metal protection components, heavy fabrication and heavy equipment. Deform will keep its name...
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Category: Investment Security
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Rheinmetall Names Vera Saal as New Labor Director
Vera Saal will succeed Ursula Biernert-Kloß as the labor director on Rheinmetall’s management board, effective Sept. 1. CEO Armin Papperger will temporarily fill the position until Aug. 31. In addition to her new role, Saal will also serve as the chief human resource officer. According to her LinkedIn profile, she has held several leadership positions...
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Rheinmetall to Maintain Czech Republic Leopard Tanks Under $292M Deal
Rheinmetall has received a contract from the Czech Republic’s Ministry of Defence to deliver extensive service and maintenance support to its Leopard 2A4 main battle tank and Bergepanzer 3 “Buffel” armored recovery vehicle. Under the seven-year, $292.1 million award, the German automotive and arms manufacturer will work on 42 Leopards and two Buffels, providing several...
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IBM Expands India Emerging Tech Development Support With New Facility
IBM has opened a new IBM India Client Experience Centre in Mumbai, part of the technology company’s commitment to supporting the South Asian nation’s efforts to make the most out of emerging technologies. To boost the impact of the company’s latest facility on local businesses and citizens, IBM has signed a letter of intent with...
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NTT DATA, Google Cloud Partner for Global AI, Cloud Modernization Push
Tokyo-based NTT DATA has partnered with Google Cloud to help enterprises across industries adopt agentic artificial intelligence and modernize cloud systems. NTT DATA said Wednesday that the collaboration will focus on co-innovating industry-specific cloud and AI solutions. The multinational IT company will use Google Cloud tools, including Gemini and Agentspace, to develop customized solutions for...
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Guidehouse Offers Government Services Via UK Management Consultancy Framework
Global artificial intelligence company Guidehouse announced on Tuesday that eight of its service offerings have been pre-approved under Management Consultancy Framework Four, or MCF4, of the Crown Commercial Service, the U.K.’s central procurement agency. The framework allows British government agencies to procure support services across 10 specializations. The offerings include consultancy services in business, finance,...
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Leidos Achieves Vetted Partner Status From AWS for Secure Information Sharing
Leidos said that its Leidos Secure Environment offering has gained Trusted Secure Enclave Vetted Partner status from Amazon Web Services. The distinction is given to organizations that display the highest standards for secure enclave design and deployment. In a statement issued Tuesday, the company said achieving the status is part of an initiative to support...
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CyberArk Completes Australian InfoSec Assessment With ‘Protected’ Classification
Israeli identity security solutions provider CyberArk has obtained a “Protected” classification level after completing an assessment under Australia’s InfoSec Registered Assessors Program. IRAP, led by the Australian Signals Directorate, helps organizations understand their solutions’ security strengths and weaknesses by providing recommendations for improvement. “Completing the IRAP assessment assures that CyberArk’s SaaS offerings meet stringent national standards...
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Casper Malig Joins DXC Technology as VP for Large Deals in Europe
Casper Malig has been appointed vice president for large deals in Europe at DXC Technology. The executive announced the move in a LinkedIn post on Friday. Malig brings years of experience in global business leadership to his new role. He will lead efforts to execute large transactions and bring innovation and value back to the...
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Leonardo Set to Acquire Iveco Defence Vehicles in $1.9B Deal
Leonardo has agreed to acquire Iveco Defence Vehicles to strengthen its role as a fully integrated original equipment manufacturer in the land defense sector. The transaction, with a total enterprise value of $1.94 billion, is expected to close in the first quarter of 2026, subject to regulatory approvals. The acquisition is also expected to help...