Keegan Caldwell, global managing partner and founder of law firm Caldwell and a 4×24 member, has urged U.S. businesses to realign their intellectual property strategies in China following significant amendments to Beijing’s IP policy in March. His comments come in light of the Chinese State Council’s release of March Order No. 801, titled “Provisions of...
NATO allies have agreed to adopt a new target of spending 5 percent of gross domestic product on defense while allowing Spain to opt out of the full commitment, alliance officials told Politico on Sunday. The compromise is expected to be confirmed during the NATO Summit in The Hague on Wednesday. To accommodate Madrid, alliance...
The U.K. government has announced government and industry funding worth over $339 million to support cutting-edge aerospace projects to advance green aviation. The funding package will accelerate development in gas turbine technology, hydrogen-powered flight, laser-based manufacturing for large aerostructures and other research areas. “This investment will keep [U.K. aerospace] at the forefront of innovation, not...
Canadian Prime Minister Mark Carney and Minister of National Defence David McGuinty have unveiled a $2 billion allocation to diversify the country’s defense sector partnerships as part of efforts to modernize the Canadian Armed Forces. A $2.1 billion budget will also be set aside to support the local defense sector in laying the nation’s Defense...
The United Kingdom has announced a $117 billion science and technology funding package to accelerate economic growth. Chancellor of Exchequer Rachel Reeves is set to discuss the details of the funding in the upcoming Spending Review. According to a government press release, the commitment includes over $30.5 billion annually in research and innovation funding by...
Officials from NATO’s Defence and Security Cooperation Directorate met with Azerbaijan’s National Defence University in Baku last May to review ongoing reforms under NATO’s Defence Education Enhancement Programme, or DEEP. During the two-day event, Maj. Gen. Arif Hasanov, deputy director of the university and head of the Military Research Institute, updated NATO officials on the...
The U.S. Department of the Treasury Office of Foreign Assets Control has imposed sanctions on several businesses owned by three Iranian citizens over their alleged links with Iran’s Islamic Revolutionary Guard Corps. OFAC said in a statement Friday that the companies headed by brothers Mansour, Nasser and Fazlolah Zarringhalam allegedly launder billions of dollars through...
NATO’s North Atlantic Council has approved the nomination of U.S. Air Force Lt. Gen. Alexus Grynkewich as the alliance’s next Supreme Allied Commander Europe. The approval follows a Thursday announcement from the Pentagon that President Donald Trump had promoted the official to four-star general and dual command of NATO’s Supreme Headquarters Allied Powers Europe and...
Poland has halted the procurement process for 32 S-70i Black Hawk utility helicopters from Lockheed Martin, citing a reassessment of defense priorities influenced by geopolitical developments. Polish Deputy Minister of National Defence Pawel Beja, who explained the decision in a statement Friday, said the conflict in Ukraine and Russia’s expanding military acquisitions have prompted his...
Germany is poised to gradually allocate 5 percent of its gross domestic product to defense spending over the next five to seven years, increasing the budget by 0.2 percentage points annually, Defence Minister Boris Pistorius said Tuesday ahead of a key European Union meeting of defense chiefs. Pistorius said his government decided on the 5...
