Kratos Defense & Security Solutions, an American defense technology firm, is set to acquire Israel-based Orbit Technologies for $356.3 million. Kratos said it signed a definitive agreement, under which it will purchase all ordinary shares of Orbit with cash on its balance sheet. The deal is expected to close by the end of March 2026,...
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Category: North America
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Four Defense Firms Partner to Develop Combat Systems for Australia’s SSN-AUKUS Submarines
Four leading defense contractors signed a memorandum of understanding Wednesday to collaborate in the battle toolkit development for Australia’s future SSN-AUKUS nuclear-powered submarines. Under the MOU, BAE Systems, Raytheon Australia, General Dynamics Mission Systems and Thales will form an AUKUS Combat Systems Collaborative Team to design, manufacture and integrate the advanced fighting systems envisioned for...
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Canada Forges Status of Visiting Forces Agreement With Philippines
Canada and the Philippines have signed a Status of Visiting Forces Agreement, or SOVFA, setting the framework for closer military collaboration between the two countries. SOVFA will facilitate joint exercises, training and participation in multinational operations in each other’s territories, according to a Canadian government announcement released Sunday. SOVFA builds on the two countries’ Defence...
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US, Indian Navies Work on P-8 Aircraft Interoperability in Joint Training Exercise for Anti-Sub Warfare, Multi-Domain Awareness
The U.S. Navy and Indian Navy conducted a joint maritime patrol and reconnaissance training exercise in the Indian Ocean, near Diego Garcia, from Oct. 22 to 28 to boost their interoperability and coordination. A U.S. Navy P-8A Poseidon maritime patrol aircraft from Commander, Task Force 72 joined an Indian Navy P-8I aircraft for bilateral anti-submarine...
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Malaysia Inks Major US Trade Deals, $3B Natural Gas Purchase Included
The White House has announced a series of trade and commercial deals between the United States and Malaysia during President Donald Trump’s attendance at the 13th US-ASEAN Summit in Kuala Lumpur on Sunday. One agreement calls for Malaysia’s removal or reduction of tariffs on nearly all U.S. imports, as well as lifting non-tariff barriers on...
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Dominican Republic, NVIDIA Partner to Launch AI Center of Excellence
The Dominican Republic has signed an agreement with NVIDIA to create an artificial intelligence center of excellence aimed at advancing national digital transformation and regional leadership in artificial intelligence. The initiative is part of the country’s National AI Strategy and represents the first AI hub in Central America and the Caribbean, the Dominican Republic’s Ministry...
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Parsons Partners With Startup Wise Guys to Accelerate Construction Tech in Saudi Arabia
Parsons will collaborate with business accelerator Startup Wise Guys to advance construction technology innovation and growth of new businesses in Saudi Arabia, under a memorandum of understanding between the two companies. Parsons announced the MOU at the Construction Technology Festival in Riyadh Wednesday. What Parsons Brings to the Partnership According to Parsons, the partnership will...
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Ericsson Expands Canadian Footprint With $3B EDC Partnership in Next-Gen Tech
Ericsson has entered into a $3 billion partnership with Export Development Canada to accelerate investment in 5G, 6G and quantum technologies. The three-year agreement will provide financial and insurance support to expand Ericsson’s Canadian-led innovation and global projects, according to a Wednesday announcement from Canada’s export credit agency. The partnership is intended to deepen Ericsson’s...
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JAXA Books Two Electron Launches Under Contract With Rocket Lab
The Japan Aerospace Exploration Agency has awarded Rocket Lab a contract for two dedicated Electron launches to support its Innovative Satellite Technology Demonstration Program, which aims to advance Japan’s space research and technology development initiatives. Both missions will lift off from Rocket Lab’s Launch Complex 1 in New Zealand, the Long Beach, California-based company said...
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Rafael’s Iron Beam Laser Cleared for Export, IDF Deployment in 2025
Rafael Advanced Defense Systems’ Iron Beam high-energy laser weapon is ready for export and expected to be deployed by the Israel Defense Forces by the end of 2025, according to company CEO Yoav Turgeman. In an interview with National Defense during the AUSA Annual Meeting in Washington, D.C., Turgeman said the 100-kilowatt system has completed...