Helsing, a Munich-based defense company focused on creating artificial intelligence-based military solutions and components, has secured over $490 million from a Series C financing round it initiated to raise funds for product research and development. U.S.-based venture capital firm General Catalyst led the funding round, with Elad Gil, Accel, Saab, Lightspeed, Plural and Greenoaks as...
Hello, Guest!
Category: National Security
Post
Lockheed Awarded $300M Navy Contract Modification to Support Australia Surface Combatant Program
Naval Sea Systems Command has awarded Lockheed Martin’s rotary and mission systems business a contract modification worth $300.94 million to provide software engineering and on-site support for the Australia Surface Combatant program. Work will be performed in Moorestown, New Jersey, and Adelaide, Australia, through September 2031. The ASC initiative involves the modernization of three Hobart-class...
Post
NATO Members Pledge Commitment to Stronger Defense Industry Capability; Jens Stoltenberg Quoted
Leaders of NATO member states have expressed their commitment to an initiative that will improve defense industrial capacity and production among affiliated nations. At the Washington Summit on Wednesday, senior government officials signed the NATO Industrial Capacity Expansion pledge, ensuring that the alliance possesses technologies to defend members from adversaries. Outgoing NATO Secretary General Jens...
Post
Leonardo to Support Ammunition Production for Italian Armed Forces
The Defence Industries Agency, a component of the Italian Ministry of Defence that supplies military equipment to the Italian Armed Forces, has partnered with Leonardo to develop conventional 155 mm artillery ammunition over 18 months. Leonardo said the collaboration, with options to extend further, aims to improve the operational capabilities of the Italian Armed Forces...
Post
US Forms ICE Pact With Canada, Finland on Polar Icebreaker Production
The United States, Canada and Finland have announced a new partnership focused on producing polar icebreakers and workforce development in the shipbuilding industry. The Icebreaker Collaboration Effort Pact, unveiled on the sidelines of a three-day NATO summit in Washington D.C., comes as the U.S. Coast Guard builds new heavy icebreakers to ensure access to the...
Post
Germany Gets Additional Patriot Missiles Under $1.2B Contract From Raytheon
Germany has placed a new $1.2 billion order with Raytheon for additional Patriot air and missile defense systems, including Configuration 3+ command and control stations, launchers, radars, associated spares and support. In a press release on Thursday, Tom Laliberty, president of land and air defense systems at Raytheon, said several nations depend on the Patriot...
Post
Northrop Grumman, Mitsubishi Electric Extend Collaboration With Mission Solutions MOU; Kenn Todorov Quoted
Northrop Grumman and Mitsubishi Electric are planning to jointly pursue industrial co-production opportunities for various strategic mission solutions in the United States and Japan. The cooperation, provided in a memorandum of understanding that Northrop announced on Wednesday, extends to partnership in logistics and sustainment of key military capabilities such as electronic warfare, radar, underwater sensors and...
Post
Saudi Arabia to Expand MRTT Fleet With New Airbus Order
Airbus has received an order from Saudi Arabia for four additional A330 Multi Role Tanker Transport aircraft. According to Jean-Brice Dumont, head of air power at Airbus Defence and Space, the new contract is the third the country has awarded on A330 MRTT units for the Royal Saudi Arabia Air Force, which is now set...
Post
South Korea Taps BAE Systems for $111M Secure Communications Solution
BAE Systems said South Korea is collaborating with the company to deploy a secure communications system amid growing threats in the Indo-Pacific region. Under multiple contracts with a combined value of $111 million, BAE Systems will deliver ARC-232A, a SATURN waveform, providing the East Asian nation’s fixed-wing and rotary aircraft with secure and interoperable command...
Post
Lithuanian MOD Orders Air Defense Systems From Saab
The Lithuanian Ministry of National Defence has placed an order for Saab’s mobile short-range air defense missile system under a framework agreement with the company and the Swedish Defence Materiel Administration. Lithuania signed the agreement in 2023 for the procurement of the RBS 70 NG air defense solution, Defence Industry Europe reported. Saab received the...