The European Commission has approved Safran USA’s acquisition of a portion of the actuation business from RTX’s Collins Aerospace, but it has imposed specific conditions to address competition concerns. After being notified in February, the Commission investigated in collaboration with the U.K. Competition and Markets Authority and the U.S. Department of Justice. The investigation revealed...
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Category: North America
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HII, HD Hyundai Heavy Industries Team Up to Enhance Ship Production
HII and HD Hyundai Heavy Industries have agreed to explore collaboration on defense and commercial shipbuilding projects. HII Executive Vice President Brian Blanchette and HHI’s Won-ho Joo signed the memorandum of understanding at the Sea Air Space 2025 expo in Maryland on Monday. According to HII, the partnership seeks to enhance technological innovation and production...
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Hanwha Aerospace to Invest $205M in UAV Partnership With GA-ASI
Hanwha Aerospace has committed $205 million in funding for its partnership with General Atomics Aeronautical Systems Inc. to develop and manufacture unmanned aerial vehicles in South Korea. The Korean defense company aims to promote local employment opportunities and use the country’s supply chain for UAV components through the collaboration, the Korea Economic Daily reported. The...
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US OKs FMS to Upgrade, Recertify Kuwaiti Patriot Missiles
The U.S. Department of State has approved a possible foreign military sale to upgrade Kuwait’s Patriot missiles and supply related equipment and support services. Valued an estimated $400 million, the request involves the upgrade and recertification for the Patriot PAC-2 Guidance Enhancement Missiles and recertification for the Patriot Guidance Enhancement Missiles-Tactical. According to the Defense...
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US, Canada, ANZ Publish Joint Cybersecurity Guidance to Deter ‘Fast Flux’ Threat
The United States and three other countries have announced a joint cybersecurity advisory on a cyberthreat called “fast flux” that hides malicious actors by rapidly changing IP addresses. The National Security Agency partnered with the FBI, the Cybersecurity and Infrastructure Security Agency and the cybersecurity agencies of Canada, Australia and New Zealand to publish the...
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Redwire Names President of Civil, International Space Business
Redwire has appointed Mike Gold as president of its civil and international space business to drive the company’s global expansion. “Mike is a well-known space leader with the international experience and global relationships to meet our strategic goals,” Redwire Chairman and CEO Peter Cannito said in a statement. Cannito also noted that Redwire’s existing international...
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More Chinese AI Technology Entities Land in US Blacklist
The United States government has added 80 new companies to its Entity List that threaten U.S. national security or foreign policy. Listed entities must secure a licensing requirement for any export, reexport, or in-country transfer of items. The U.S. mission in China said the Bureau of Industry and Security‘s updated list includes 11 from China...
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Norway Completes F-35 Fleet Acquisition
Lockheed Martin has delivered the final two F-35A aircraft ordered by the Royal Norwegian Air Force, part of a total of 52 planes. This makes Norway the first partner nation to complete its F-35 program of record. According to the aerospace manufacturer, the new fleet will enhance Norway’s national defense and collaboration with allies, particularly...
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US Imposes Sanctions on Iranian Weapons Procurement Network
The U.S. Department of the Treasury’s Office of Foreign Assets Control and the Department of Justice have imposed sanctions on six entities and two individuals in Iran, the United Arab Emirates and China for procuring unmanned aerial vehicle components for Qods Aviation Industries, a key manufacturer of Iran’s drone program, and other industrial entities. The...
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CFIUS Approves Cerebras Systems Shares Sale to UAE-Based AI Firm G42
Cerebras Systems, an American artificial intelligence chip developer, has received clearance from the Committee on Foreign Investment in the United States to sell shares to Group 42, Cerebras CEO and founder Andrew Feldman said. G42 is a Microsoft-backed AI company based in the United Arab Emirates. “We thank @POTUS for making America the best place...